Ga. colleges to lose $136M in budget cuts

ATLANTA - The state Board of Regents has approved a $136 million budget cut for the state's 35 colleges and universities this year.

The board accepted the 6 percent reduction plan at a Tuesday meeting. The cuts are part of a statewide strategy to deal with an estimate $1.6 billion budget shortfall in the fiscal year that began July 1.

Some lawmakers worry the deficit could be worse if tax revenues continue to lag.

For colleges and universities, the cuts mean freezing hiring and travel, not replacing old equipment, cutting the number of books and magazines in libraries and delaying new academic programs.

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