Fellow Staff, Faculty and Students,
As we move toward the end of the current academic year, our budget is beginning to take shape. I know that we would all like a final answer to our budget future, but the state's protracted budgeting process this year coupled with continued dips in state revenue estimates make a quick and easy answer unlikely.
We do, however, have some clarity on our situation. Approximately $150 million will be cut each year from the state-wide higher education budget in fiscal years 2008-2009, 2009-2010, and 2010-2011. The University of Colorado’s portion of this reduction is $50 million. The President and the Chancellors have agreed that the University of Colorado will reduce its budget permanently by $28.9 million starting July 1, 2009. For UC Denver, this translates into $13.1 million that must be cut. You have also likely heard that higher education in Colorado is expected to receive about $150 million a year in federal stimulus dollars to help backfill the reductions in state support. You may wonder why we might choose to make reductions in our base when federal stimulus funds are being made available for backfill. Looking across a two-year horizon when federal dollars are no longer available, it is clear that a failure on our part to trim budgets now may lead to even more dramatic cuts two years from now.
In addition to the $13.1 million in cuts, the tobacco settlement money that supports our health professions education on the Anschutz Medical Campus has been reduced $1.8 million. The combination of reductions equals $9.8 million for the Anschutz Medical Campus and $5.1 million for the Downtown Campus.
The Deans, Vice Chancellors, and faculty are working on refining and implementing budget plans. I have asked that administration take responsibility for making the largest portion of the needed cuts. I know that many of you in your schools and colleges face difficult decisions as well. I support the Deans in their efforts to do everything possible to minimize the impact of these budget reductions on our students as well as our faculty and staff.
These are challenging times and we all need the best information possible. I will be holding town hall meetings to discuss specific budget concerns you might have on May 7 and May 11. Meeting specifics are listed below. Please try to attend one of these forums if you have additional questions.
I know this year has been a difficult time for our university community as well as our local, national and global communities. Uncertainty has become our new modis operandi. But even as this is true, I believe we will continue to weather this storm as we have so many others and emerge a stronger, more focused institution. I thank you for your perseverance and for your continued good work during this difficult time.
M. Roy Wilson
Budget town hall forums to be held
Town hall forums to discuss the UC Denver budget situation will be held on both the Downtown Campus and the Anschutz Medical Campus. These forums will be open sessions dedicated to answering the campus community's questions. Following are the times and locations:
Anschutz Medical Campus Forum
4:30 p.m. to 5:30 p.m.
Thursday, May 7
Shore Family Forum, Nighthorse Campbell Native Health Building
Downtown Campus Forum
12 p.m. to 1 p.m.
Monday, May 11
2nd Floor Terrace Room, 1380 Lawrence Street
Individuals who wish to watch the Anschutz Medical Campus meeting from the Downtown Campus can view the event in real time at both of the following locations:
- Chancellor’s Conference Room, 14th Floor, 1380 Lawrence Street
- Information Technology Conference Room, 13th Floor, 1380 Lawrence Street
Spring commencement approaching
Two of the best celebrations of our academic year are just around the corner. Commencement this year will be held on the Downtown Campus on Saturday, May 16 and on the Anschutz Medical Campus on Friday, May 22. If you would like to learn more about commencement events on both campus, use this link.