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UPDATE to Campus Community: March 29, 2017

Colleagues,

As noted in President Dunn’s message earlier today, we must take immediate and significant steps to reduce our state-supported budgets for the fiscal year that begins July 1. This will be difficult, given the more than $20 million in reductions already taken this year (see July 5 memo for background), but it will not prevent us from fulfilling our core educational mission.

We will approach the cut of $30 million, or 15.9 percent of our state budget, in two ways.

  • We will make $19 million in permanent cuts to state-funded accounts – those supported by state appropriations and tuition – to be implemented in the new fiscal year that begins July 1. This will amount to a 10 percent permanent reduction in state funding on top of the 10 percent already taken in the current fiscal year. This amount is based on the governor’s proposed budget for FY18 as well as conservative enrollment estimates.
  • We must implement a plan to pay back the unrestricted funds we have been using to operate during the state budget impasse. We will need to take an additional $8.3 million to $11 million in the first year of a 10-year repayment plan. The exact amount will depend, in part, on whether there is a stopgap budget before the end of the year. These numbers can also be reduced if we minimize all spending for the remainder of the fiscal year.

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UPDATE to Campus Community: August 1, 2016

Campus Colleagues,

In my July 5 message to campus, I reviewed permanent budget reductions and the impact of “stopgap” funding approved by the state legislature. I noted that the stopgap funding, while welcome and helpful, still leaves us with significant financial challenges as we await word on state appropriations for the current fiscal year. This means that it is essential that we continue to conserve funds wherever possible.

As background, we are using the second stopgap appropriation -- $54 million for the Carbondale campus and $19.9 million for School of Medicine -- to cover salary expenses for FY16 that have already been incurred. We expect to receive reimbursement from the state in six installments from July through December 2016. The state payments will partially replenish cash that was depleted during FY16, but spending for the current FY17 fiscal year is not covered.

At this time, we do not know when or how much additional funding will be appropriated for FY17. 

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