Regents cutting $7 million from college budgets - KWWL - Eastern Iowa Breaking News, Weather, Closings

Regents cutting $7 million from college budgets

IOWA CITY, Iowa (AP) -- The head of the Iowa Board of Regents says the state's public universities will be asked to make about $7 million in cuts.

Regents President David Miles says the cuts will have to be made by June 30, 2009 -- the end of the fiscal year. He says the reductions are part of a broader plan to slash the statewide budget by $40 million.

Miles says the University of Iowa will be asked to trim $3.04 million followed by Iowa State University at $2.91 million. The University of Northern Iowa will have to shave $1.02 million off its budget. He added that the regent's board office is cutting $15,000.

The regents institutions not asked to make any cuts include the Iowa School for the Deaf and the Iowa Braille and Sight Saving School.

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