Ponca City, OK

Now: 52 °F

Currently: Fair

Hi: 52 °F | Lo: 37 °F

Saturday

Hi: 51 °F 

Lo: 30 °F

Sunday

Hi: 42 °F 

Lo: 24 °F

Monday

Hi: 55 °F 

Lo: 30 °F

Tuesday

Hi: 56 °F 

Lo: 34 °F

Wednesday

Hi: 59 °F 

Lo: 37 °F

New president: University of Oklahoma layoffs possible

The Associated Press - June 23, 2018 10:10 am

(Information from: Tulsa World, http://www.tulsaworld.com)
NORMAN, Okla. (AP) – University of Oklahoma’s incoming president says the school could see layoffs as it faces a $15 million operating loss for the coming fiscal year.
Jim Gallogly told the Tulsa World on Thursday that he may have the university look at non-faculty staff for more efficiency when fixing the fiscal hole he’ll inherit after taking over as president July 1.
The university’s Board of Regents has passed a preliminary budget, but Gallogly says he plans to revise it when he assumes the job.
Financial documents show payroll is among the university’s largest expenses. The school spent $547.4 million in compensation and benefits for fiscal 2017, up from the previous year’s $513.5 million.
Gallogly says he’ll “hold the line” on tuition after years of increases to raise revenue.

Image: KFOR

 

Latest Stories

Coleman takes oath as State Senator for District 10

Ponca City Republican Bill Coleman officially is on the job as State Senator for District 10....

Funerals set for two recently identified Korean War soldiers

OKLAHOMA CITY (AP) – Funeral services are this weekend in Oklahoma for two Korean War soldiers...

Ribbon cutting recognizes changes in work of Marland Children’s Home

Jamie Phillips, Executive Director for the Marland Children’s Home, along with staff and board members, cut...