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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 This material may not be published, broadcast, rewritten or redistributed.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 95 253 13,695
MORTGAGES 96 261 15,827
FORECLOSURE NOTICES 0 21 2,160
BUILDING PERMITS 250 500 28,258
BANKRUPTCIES 57 178 8,828
BUSINESS LICENSES 31 85 4,650
UTILITY CONNECTIONS 0 60 5,453
MARRIAGE LICENSES 9 57 2,951

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