Highlands University is “fiscally strong in all respects,” a top official said last week, but the school expects budget cuts because of the declining economy.
Gov. Bill Richardson has ordered all executive branch agencies to trim spending by 5 percent, a directive that doesn’t apply to the state’s universities.
However, Highlands President Jim Fries warned the Board of Regents at its quarterly meeting on Friday that the Legislature may reduce universities’ budgets during the legislative session beginning in January.
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