Tipoffs for Bangor, Maine (State) Newsletter for Tuesday May 21, 2024 ( 2 items ) |
Trustees Approve FY25 University of Maine System Operating Budget
FORT KENT, Maine, May 21 -- The University of Maine System issued the following news release on May 20, 2024:
At their regular meeting today at the University of Maine at Fort Kent, Trustees unanimously approved a $648.6 million Fiscal Year 2025 (FY25) operating budget for the University of Maine System (UMS) that is balanced by new efficiencies and revenue.
To temper tuition increases amid continued inflationary pressures and projections of flat enrollment, Maine's public universities will le
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University of Maine System Trustees Extend Chancellor Malloy's Contract
FORT KENT, Maine, May 21 -- The University of Maine System issued the following news release:
The University of Maine System (UMS) Board of Trustees have agreed to extend Chancellor Dannel Malloy's contract through June 30, 2027.
The authorization to add two years onto the Chancellor's current contract, which runs through June 30, 2025, comes the same day Trustees approved a balanced operating budget and one year after Malloy released the System's first strategic plan in nearly two decades fol
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