CEU may declare fiscal emergency before USU merger

PRICE, Utah (AP) – Officials say the College of Eastern Utah could declare a fiscal emergency if budget cuts continue. College President Mike King told the Legislature’s Higher Education Appropriations Subcommittee last week that the declaration would come before CEU merges with Utah State University. King says officials are nervous about what might happen but that shutting down CEU in the case of declaring “financial exigency” would be a bad idea.The declaration would allow for layoffs of tenured professors, among other measures.USU Executive Vice President and Provost Raymond Coward says a condition of joining the schools was that Utah State would not take on financial liability from CEU. After the merger CEU will have to maintain a self-sustaining budget.

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