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Monday May 4th, 2015 9:05AM

UGA preparing for possible layoffs in budget cuts

By The Associated Press
ATHENS - The University of Georgia is bracing for possible layoffs as part of state-mandated budget cuts for all Georgia colleges. <br /> <br /> Gov. Sonny Perdue asked every state agency to trim 3.5 percent from their budgets, but University System of Georgia Chancellor Erroll B. Davis told colleges to cut 5 percent. For UGA, that would mean about $20 million. <br /> <br /> UGA senior vice president Tim Burgess says layoffs are possible under the cuts. The state Board of Regents will vote on a systemwide budget reduction plan at its meeting in August. <br /> <br /> Those recommendations will be forwarded to state legislators, who will take up the issue when they convene in January. State tax revenues are down 1 percent, or $600 million, over the last year. <br /> <br />
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