Budget Development Update
The original timeline for the development of the university’s 2009-10 operating budget has been extended by three weeks. Originally, the plan was to present the university’s recommended budget to the Board of Trustees Finance Committee on April 20. Instead, the recommended budget will be presented to the Board of Trustees Finance Committee the week of May 11 (the exact date is still being determined). The full Board of Trustees will consider the university’s recommended budget on May 18 as originally scheduled.
In the meantime, the university’s Finance and Strategy Committee, which includes representatives from Faculty Senate and Student Government, has begun its work to review summaries of draft budgets for the purpose of providing input and feedback to Dr. Jacobs before he recommends a budget to the board’s Finance Committee. Last week, the Finance and Strategy Committee reviewed a summary of draft administrative budgets; academic and hospital draft budgets are still being developed.
Again, I’d like to extend my thanks to everyone who continues to work diligently on the development of the university’s 2009-10 budget.
Scott Scarborough
