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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 This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 147 18,012
MORTGAGES 89 184 20,749
FORECLOSURE NOTICES 4 12 2,705
BUILDING PERMITS 117 258 37,094
BANKRUPTCIES 55 114 11,540
BUSINESS LICENSES 42 59 5,907
UTILITY CONNECTIONS 21 48 6,878
MARRIAGE LICENSES 27 68 4,117