A Budget Update

June 4th, 2009 by Bridget

June 4, 2009

Colleagues,

Yesterday UNH officials announced that UNH’s projected budget for FY10 will result in layoffs and in reductions in hours for some employees.  I know that all of us are concerned for those who will be affected.

Plymouth State University also has submitted to USNH a balanced budget for next year.  Our current projections do not include staff layoffs or reductions in hours.

Much of the uncertainty that I discussed in the State of the University Address, however, still remains.  Governor Lynch has recommended stable funding for the university system, and the legislature is expected to vote on a budget that will include USNH’s appropriation by the end of June.  Later this month as well, the USNH Board of Trustees will make decisions about the rate of tuition increases.   We know that students and families will be affected by what happens in the economy over the summer months, and we will not know final enrollments until the autumn.

I appreciate all of your support in these difficult economic times.  The cabinet has drawn and will continue to draw on recommendations from the Planning and Budgeting Leadership Group and the extended cabinet and on the ideas many of you have submitted to us.  I will continue to update you on the budget situation on a regular basis and will report to you at greater length as uncertainties begin to resolve over the next few weeks.  You can expect to hear again as early as next week and then again at the end of June.

Sincerely,
Sara Jayne

Sara Jayne Steen
President
Plymouth State University
MSC #1, 17 High St.
Plymouth, NH 03264
(603) 535-2210

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