MANKATO — South Central College President Annette Parker characterized the need to lay off nine employees for the next fiscal year and dig into financial reserves as partly due to
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Temple University’s operating budget which finances the day-to-day, ongoing operations of the university is almost entirely driven by tuition revenue. The other primary driver for the operating budget is the nonpreferred appropriation from the commonwealth, which has remained flat for the last four years at $158.2 million while all operating costs, such as utilities,