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In this episode of Budget Matters, released April 10, 2012, David Werner, IUP interim president, notes that even with a shortfall of $7.75 million, IUP entered the fiscal year with a balanced budget. Due to winter and spring enrollments being up and the projected cost of operating the KCAC being less that anticipated, the budget goals for 2012 continue to be met without the need for reduction of college and departmental budgets.
You can see all the episodes on the Budget Matters website.