SIU considers major budget cuts

SIU considers major budget cuts


Wednesday, March 29, 2017 9:59 PM EDT

Wednesday, March 29, 2017 9:59 PM EDT

CARBONDALE — SIU looks to make big budget cuts and borrow money to keep the Carbondale campus up and running.

SIU President Randy Dunn’s recommendations are in response to what he calls a financial crisis for the SIU system. They would affect all of SIU’s campuses, but the biggest cut would be made here in Carbondale: $30 million.

Dunn blames three factors for the impact here:

– the state budget impasse
– declining enrollment
– the fact that the Carbondale campus has already tapped out about $80 million in reserves the school must now pay back.

In addition to the Carbondale cuts, Dunn wants SIUE to cut $4 million, and the School of Medicine to cut $2.2 million.

He’s hoping making these adjustments now will keep the university afloat, without depending on state funding.

“So I really do see this as a shorter-term measure to buy some time until the state gets its act together and gets something passed,” said Dunn.

Dunn went on to say that if the university is in this mess six months from now, then its the fault of the state.

Decisions on specific cuts should be finalized by July 1.



via WSIL – News

March 29, 2017 at 02:00PM

SIU considers major budget cuts

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