- Home ▼
- Subscribe ▼
- E-edition ▶︎
- Advertise ▼
- Submissions ▼
- Calendars ▼
- Business Listings ▼
- Classifieds ▼
Articles About budget cuts
Amid ongoing financial challenges worsened by COVID-19, Antioch College seems — perhaps against the odds — determined to survive.
Antioch College is cutting spending by $2.5 million in the coming fiscal year. Eight staff employees are being laid off, and the college is reducing its faculty by six, through separations and one retirement.
Antioch College recently announced wage reductions for faculty and staff earning more than $40,000 annually, effective March 1 and continuing through June 30.
A major budget overhaul with potentially far-reaching consequences is underway at Antioch College.
For the first time since reopening to students in 2011, Antioch College is reducing its budget, a move college leaders say is necessary to bring expenses in line with revenues that have grown more slowly than expected.
As a result of reduced state and local funds, Miami Township will need to decide how much to rein in the general fund, which is expected to lose nearly 12 percent of its budget this year, and then sustain another 12 percent in cuts the following year.
The annual Glen Helen pancake breakfast is one of several that Glen leaders are evaluating this year in order to streamline their activities