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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 This material may not be published, broadcast, rewritten or redistributed.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 88 278 924
MORTGAGES 80 320 1,066
FORECLOSURE NOTICES 0 67 202
BUILDING PERMITS 120 590 2,248
BANKRUPTCIES 55 222 624
BUSINESS LICENSES 31 162 462
UTILITY CONNECTIONS 15 94 274
MARRIAGE LICENSES 12 49 130