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VOL. 132 | NO. 65 | Friday, March 31, 2017

University of Tennessee Tuition Hikes at 3 Percent or Less

The Associated Press

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KNOXVILLE, Tenn. (AP) – University of Tennessee President Joe DiPietro says tuition increases will be at 3 percent or less for the third year in a row due to self-imposed budget restraints.

The university says in a news release that DiPietro told the school's board of trustees Wednesday is preparing another set of cost-saving goals.

In 2015, the board approved budget boundaries for two fiscal years beginning in July 2015 to address a projected $377 million annual funding gap by 2025.

DiPietro reconvened a budget advisory group in January to find more cost-cutting and revenue-generating ideas.

DiPietro will present the budget boundaries for the 2017 and 2018 fiscal years to a board subcommittee in June.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 322 8,071
MORTGAGES 93 381 9,580
FORECLOSURE NOTICES 0 50 1,408
BUILDING PERMITS 236 688 17,295
BANKRUPTCIES 52 207 5,613
BUSINESS LICENSES 35 143 3,091
UTILITY CONNECTIONS 28 128 3,378
MARRIAGE LICENSES 27 120 1,808

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