Jackson State to Cut Budget by 8 Percent

Jackson State University will cut its next budget by nearly 8 percent and borrow $6 million as it tries to cut expenses and rebuild financial reserves.

The moves at Mississippi’s largest historically black university went forward Thursday as College Board trustees approved budgets for all eight public universities for the upcoming year. The system’s overall budget will fall by $30 million, or less than 1 percent, to $4.5 billion, largely because state appropriations have fallen. Universities started the current budget with $773 million in state aid, but after multiple cuts will start the 2018 budget on July 1 with $667 million

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