THE UNIVERSITY OF NEW MEXICO’S NEW PRESIDENT, GARNETT STOKES, PRESENTS HER PLAN TO REDUCE THE ATHLETICS DEPARTMENT’S DEFICIT. THE DEPARTMENT IS FACING A POSSIBLE 4-POINT-7 MILLION DOLLAR BUDGET SHORTFALL IN THE NEXT FISCAL YEAR. NOW THEY’RE LOOKING AT SOME MAJOR CUTS THAT ARE INCLUDED IN THE BUDGET PROPOSAL PRESENTED TO THE BOARD OF REGENTS TUESDAY.
THE BUDGET PLAN CALLS FOR CUTS THAT WOULD ALLOW THE DEPARTMENT TO PAY OFF THE DEFICIT OVER A DECADE STARTING IN 2020. OVERALL CUTS WOULD COME TO 3-POINT-4 MILLION DOLLARS. SPORTS WOULD SEE CUTS OF NEARLY 2-MILLION DOLLARS.
A COMMITTEE VOTED TUESDAY TO NOT TAKE ANY ACTION ON THE PLAN. THE REGENTS COULD VOTE ON THE BUDGET PROPOSAL NEXT TUESDAY.
