$3.5 Million in budget cuts have been announced for the University of Nebraska's Lincoln campus. Chancellor Harvey Perlman says the cuts are part of the $9.5 Million the University will be forced to make in the current two year period. Today's cuts include $1.4 Million from the Communications and Technology unit on East Campus, $2 Million from the Office of University Research, $73 Thousand from the Lentz Center for Asian Culture, and the elimination of one vacant Associate Vice Chancellor's Position in the office of Academic Affairs. About $1.7 Million more will be made in several weeks.
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Many state agencies would face 2 percent budget cuts, but several key services - including the Nebraska State Patrol and centers that care for mentally disabled people - might be spared. The Legislature's budget-writing Appropriations Committee tentatively signed off on the plan Tuesday. Changes are needed because the state faces a roughly $45 million budget hole in the current, two-year budget. The hole is created because state tax revenue has been lower than projected and spending on K-12 schools is growing. Besides agency budget cuts, the plan to fill the budget gap includes tapping a couple cash funds and taking $3 million from the state's rainy-day fund. And the state expects to receive more federal stimulus dollars than originally expected.
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