News
Legislature cuts university funding; what it means for PSU
Author: Currently
Posted: September 6, 2011
The Oregon Legislature approved an operating budget for the Oregon University System that will cut state funding by $115 million, or 14 percent, in 2011-13 from the current biennium. For Portland State, that likely will translate to a $17.7 million reduction when OUS determines campus allocations. That cut, combined with projected cost increases in health care and pensions for employees and other enrollment-related costs, means an estimated $29.4 million shortfall for PSU. Read more
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