“We’re facing difficult decisions that will be guided by priorities laid out in our strategic plan." - UNK Chancellor Doug Kristensen By TODD GOTTULA UNK Communications KEARNEY – University of Nebraska at Kearney Chancellor Doug Kristensen hosted a budget forum with faculty and staff today to outline a proactive plan to address budget challenges. The university is addressing a budget gap of $2.68 million in 2017-18 that will increase to $3.4 million in 2018-19 resulting from reduced … [Read more...]
NU News: Additional Budget Response Team strategies finalized
The University of Nebraska has finalized additional cost-reduction strategies identified by the Budget Response Teams as part of a university-wide effort to close a $49 million shortfall. The shortfall is brought on by cuts in state funding combined with the university’s rising costs. The complete list of 70-plus finalized strategies, along with frequently asked questions and other details about the Budget Response Teams, is available at www.nebraska.edu/BRT. Strategies include elimination … [Read more...]
University of Nebraska announces restructuring, policy changes to manage budget shortfall
LINCOLN University of Nebraska President Hank Bounds was joined today by the NU chancellors in announcing broad changes in structure, policy and process that the university will implement to help manage a recurring $49 million budget shortfall. The changes are necessitated by cuts in state funding during the last legislative session combined with the university’s rising costs. “Budget cuts are never easy. They are even more painful when they come at the precise time that the University of … [Read more...]
Prudent budget proposal protects university affordability, quality
University of Nebraska President Hank Bounds today released a proposed 2017-18 operating budget that he said protects NU’s highest priorities of affordability and academic quality despite a reduction in state funding that will necessitate difficult decisions across the institution. Bounds said the proposed budget, which will be considered by the Board of Regents at its June 1 meeting, shows prudence in a time of fiscal challenges for the state. Reductions approved by the Legislature and … [Read more...]
Message From University Leadership: With state appropriation known, university moving forward on budget pieces
“We must view this challenge as an opportunity to think together about what kind of university we want to be in the future.” To the Faculty, Staff and Students of the University of Nebraska: As you likely know, the Legislature has concluded its session after finalizing a two-year budget package for the state, including funding for the University of Nebraska. With our state appropriation known, we can move forward on other pieces of our budget, including tuition increases and the cost … [Read more...]
