MBSC Ballroom – In Monday’s forum, Chancellor Jeff Gold met with faculty and staff to provide updates, address the budget situation and answer any questions.
Despite the fiscal challenges, there is much to be thankful for this holiday season, Gold said, noting the continued momentum at UNO and giving a nod to the recent NCAA Tournament berth for the UNO Men's Soccer Team.
And, while budget challenges are concerning, he said he remains optimistic about the future, and the university’s progress to date.
Gold also referred attendees to the university-wide email that employees received on the budget response team (BRT) process from Marjorie Kostelnik, Senior Associate to the President. The newsletter outlines the university's progress toward its $30 million cost cutting target, updates from individual BRTs, and common questions and answers.
To date, the University of Nebraska has:
- Captured $6.6 million in BRT savings (this is equivalent to a 2 percent tuition increase) enroute to reducing NU’s spending by $30 million in the next several years.
- Cut 61 positions through attrition and the elimination of unfilled positions.
The future budget determinations by the State remains unclear, Gold said, noting the Nebraska economic forecasting board’s recent decision to further lower its revenue projections.
Gold, answering a specific audience question, said if deeper cuts are needed, beyond those already identified by the BRT groups, the university would work closely with faculty, staff and students on campus to chart the course forward.
Questions from the audience spanned a variety of topics including:
- Future distribution of state dollars to each campus in the system.
- The difference between BRT cuts and some recent cuts reported at other campuses within the system.
- The Chancellor's thoughts on across-the-board cuts vs. strategic cuts.
- And why this budget process has been similar or different than previous ones in the past.
The Chancellor closed by wishing all a joyful and safe Thanksgiving holiday.
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