BANGOR (AP) — University of Maine System trustees have released a draft strategic plan that would cut about $60 million through workforce reductions over the next five and streamline academic programs to reduce overlap.
The plan approved Thursday is part of an effort to close a projected $69 million budget deficit by 2019.
Trustees Chairman Sam Collins tells the Portland Press Herald that the plan is necessary “in order to be sustainable.”
The long-range plan comes just days after trustees approved a $529 million budget for the upcoming fiscal year that included the elimination of more than 150 jobs across the seven campus system.
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