I sent a memo to Deans and Vice Presidents last Friday that gave instructions for addressing the 5 percent budget reduction (about $28 million) that the Legislative Budget Board has requested from all state agencies. Each college and division will receive a target budget reduction goal and will be asked to give me a plan by Feb. 8 for meeting this goal. If you have a suggestion, please send it to me at president@tamu.edu no later than Feb. 5. These are tough economic times and we have tough decisions ahead of us, but our university is extremely resilient. Also, we are fortunate that our state is in better economic shape than many others. Our foremost guiding principle as we address these budget reductions is to protect our core mission of teaching, research and service.Vision 1920 wonders if all the colleges and divisions will have 5% targets or if some targets will be more than 5% and some will be less. The future tense "will receive a target" suggests that tough decisions may actually be made to make the targets different. But the expectation of a plan by Feb 8; the first workday after suggestions are due suggests otherwise.
Tuesday, January 26, 2010
5% solutions
In the email from President Loftin:
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