The University of Nebraska system is once again projecting two years of budget shortfalls caused by enrollment losses, marginal growth in state appropriations, increased cost to operations and inflationary pressures. President Ted Carter said NU will look at making changes across the university to address the structural deficit.
A combination of increasing expenses and marginal revenue growth means the University of Nebraska will be forced to close a $49.4 million budget shortfall in the 2023-24 fiscal year.
The University of Nebraska-Lincoln's Architectural Hall, seen here in July 1987 following a $4.38 million renovation, is the university's oldest building. It originally housed UNL's library and art gallery and served as headquarters for the Nebraska State Historical Society.
Journal Star archives
Louise Pound Hall previously housed the College of Business Administration. It opened in 1919 and was renovated in 2018.
Julie Koch, Lincoln Journal Star
The Temple Building, at 12th and R streets, is home to the Hixson-Lied College of Fine and Performing Arts. It was completed in 1908 and renovated in the 1970s.
JULIE KOCH, Lincoln Journal Star
Morrill Hall is home to the State Museum of Natural History on the UNL City Campus.
JOURNAL STAR FILE PHOTO
Banners tream down through the atrium gathering place which unites UNL's Architecture Hall and Architecture Hall West, the former law college building, in this November 1987 photo.
Journal Star archives
Construction underway in January 1986 renovating and linking UNL's former law building (left) and Architectural Hall.
Journal Star archives
Construction on Architecture Hall, originally built as a library for $110,000, started in 1892. It was renovated for $4.3 million in the mid-1980s.
JULIE KOCH, Lincoln Journal Star
UNL demolish the Cather and Pound residence halls in 2017.
The University of Nebraska system is once again projecting two years of budget shortfalls caused by enrollment losses, marginal growth in state appropriations, increased cost to operations and inflationary pressures. President Ted Carter said NU will look at making changes across the university to address the structural deficit.
