College on track to fix deficit
Amy Dalrymple, The Forum
Published Saturday, August 16, 2008
MAYVILLE, N.D. – Mayville State University is on target with a four-year plan to eliminate deficits totaling about $900,000.
One major change to come out of the university’s financial analysis is a new heating plant that will relieve the campus of its dependency on high-priced No. 2 fuel oil.
The new $6.5 million plant, which is expected to pay for itself through cost savings, will burn coal, wood or a combination of both.
I wish they would have replaced the heating plant with a renewable energy source, but I guess coal is North Dakota's thing.
Nice work on the debt though.