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Regent questions no vax mandate at Pit

UNM regent committees OK initial budgets for 2022 fiscal year

The full board is expected to vote on the budgets next week. Teresa Costantinidis, UNM’s senior vice president for Finance and Administration, said one reason for the decline in the main campus budget is that the university is being more cautious when estimating how much money it will make on housing, athletics and other revenue sources. In the past, the athletic department, in particular, ran up a multi-million deficit over the course of years by overestimating its revenue and then overspending. “We have much more conservative projections of revenues related to housing and dining and parking, and other activities, the book store, athletics, etc.,” Costantinidis said.

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