University braces for $35 million in cuts
June 17, 2020
CASPER — The University of Wyoming is preparing to absorb $35 million in cuts in the coming years, reductions that are expected to hit every public agency here as state revenues continue to plummet.
Gov. Mark Gordon instructed agencies and the university to prepare for cuts, as the novel coronavirus and downturns in the coal and oil industries have taken huge bites out of the state’s economy. The university is preparing for a 10 percent cut in each of the next two years, which amounts to $17.5 million annually. The cuts come four years after the last economic bust and the nearly $42 mi...