University of Wyoming cuts rise to $16 million

University of Wyoming officials are approaching their goal of slashing $19.3 million from this year’s budget.

The state’s only public four-year university has cut 97 vacant positions and seen 55 employees take advantage of early retirement and separation incentives.

The current cuts total $16 million. Eliminating positions led to the largest reduction, with a savings of $5.7 million.

UW President Laurie Nichols declared a financial crisis at the school in June because of an almost $41 million loss in state funding for the two-year budget cycle. School officials are looking for ways to reduce the 2017 budget by $15 million.

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