LAS CRUCES, N.M.— A decline in fall enrollment has left New Mexico State University with less revenue.
NMSU President Garrey Carruthers says university leaders spent the last few weeks meeting with stakeholders from colleges and departments across campus. They were able to identify about $4.8 million in spending that can be reduced to make up for the drop in revenue.
Carruthers had asked each dean and vice president to propose budget reductions ranging from 1 percent up to 5 percent.
He says the goal has been to streamline operations at NMSU while still protecting the university’s core mission.
As a result, more than 60 percent of the spending reductions will come from administration budgets. Much of the savings will come from not immediately filling vacant positions.