BSU And NTC Project Millions In Budget Shortfalls
BSU and Northwest Technical College staff are projecting millions in budget shortfalls for the next fiscal year, according to the Bemidji Pioneer. Both schools are expected to have budget shortfalls between $2.4 million and $3.6 million.
There is a possibility that BSU would spend $2.36 million, an amount more than it is projected to receive in the 2018 fiscal year, while NTC is projected a possible $106,000 deficit. Projections are based off of ‘flat’ enrollment, with no change in tuition rates, according to the Bemidji Pioneer.
The university is asking $143 million through the state, but Karen Snorek, the universities vice president for finance and administration, told the Pioneer that she does not expect the whole $143 million will be granted.
NTC has already started sending out unpaid leave of absence notices to employees this year, according to the Pioneer. No employees have been let go officially.
Budgeting decisions will be made once NTC and BSU hear from the Legislature, which will meet in May.