ORANGEBURG, South Carolina -- While state legislators consider South Carolina State University’s request for $13.6 million, the institution’s administrators are looking at ways to reduce spending and balance next year’s budget.In February, university officials asked the General Assembly for $13.6 million to meet a deficit and cash-flow shortage that would shortly prevent them from paying the bills.
One driving force behind the university’s financial situation is a $6.67 million deficit in last year’s athletics program, Vice President of Finance James Openshaw recently told trustees.
During fiscal year 2014, athletic expenditures were $9.69 million while revenues were only $3.02 million.
“We are trying to ...
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