MU shifts $25 million in 2020 budget
COLUMBIA, Mo. - The University of Missouri will shift $25 million in its fiscal 2020 budget to focus on scholarships, research and employee pay.
The university said in a news release that it will dedicate $10.5 million from other areas for employee performance and promotion raises, $9.6 million for scholarships and $4.6 million for research support.
The budget was released at noon Friday and top university leaders fielded questions from reporters at a news conference in Jesse Hall ahead of the release.
The reallocation will result in budget reductions across the university. The highest reductions include the Office of Advancement at 10.78 percent, the Office of the Chancellor at 10.32 percent and the Office of the Provost at 9.86 percent, the university said in a news release.
https://www.abc17news.com/news/mu-shifts-25-million-in-2020-budget/1070583871
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