FREEPORT (AP) — University of Southern Maine officials want to sell the John Calvin Stevens-designed Stone House in Freeport in an effort to cut costs at a time the entire state university system is dealing with budget struggles. President Theodora Kalikow said in an email Monday “it no longer makes financial sense” to hold onto […]
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Posted inMaine, sj-web
USM president announces another $2.5 million in cuts
PORTLAND — University of Southern Maine President Theodora Kalikow announced Friday the final phase of cuts needed to pass a balanced fiscal year 2015 budget, though more cuts are expected in the coming years. The bulk of the savings — $1.56 million — will come from 16 faculty retirements and one staff layoff. Another $483,000 […]
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Posted inMaine, sj-web
University of Maine System will contribute $7 million to USM’s budget, more cuts still needed
PORTLAND — The University of Maine System will likely dip into its rainy day fund to help the University of Southern Maine make up about half of its budget shortfall, system officials confirmed. “The chancellor is prepared to recommend to the Board of Trustees that the system provide maximum, one-time funding of $7 million toward […]
Posted inLewiston-Auburn
Lewiston-Auburn College facing changes
LEWISTON — Changes may be coming to University of Southern Maine’s Lewiston-Auburn College. USM President Theodora Kalikow has proposed dropping arts and humanities — one of L-A College’s four undergraduate programs — restructuring staff and cutting an unspecified number of faculty from the college as part of a USM-wide effort to fill a $14 million […]
Posted insj-web
USM president proposes cutting four programs, 20-30 faculty positions
PORTLAND — University of Southern Maine President Theo Kalikow is proposing to cut four programs and between 20 and 30 faculty jobs as the school attempts to overcome a $14 million budget shortfall. Kalikow announced the spending gap, which represents nearly 10 percent of the school’s fiscal year 2015 budget, nearly two months ago and […]