KANSAS CITY, Mo. — The University of Missouri - Kansas City announced measures it will take to cut its budget for fiscal year 2021 Monday.
According to a letter from the chancellor, UMKC anticipates revenue will drop due to financial challenges presented by the COVID-10 pandemic.
All administrative and academic departments will be asked to cut their budgets between 12.5 and 17.5 percent.
The cuts will include furloughs, leaves without pay and layoffs, according to the letter.
Faculty teaching loads will increase as the university reduces its adjunct professor and non-tenured faculty work force.
UMKC will also freeze new graduate student stipend offers, though it will honors those already offered to returning and incoming students.
The university will also reduce non-compensation expenses as part of the cuts.
The chancellor said the university will review the budgets “at least quarterly” to adjust as needed.