We broke this budget work into two phases and, at the community’s suggestion, we slowed down Phase 1 to be more deliberate and inclusive. In this first phase, deans and vice chancellors submitted initial proposals for unit-specific budget reductions for review and consideration and developed and implemented unit-level processes for engagement, consultation, communication, and iteration with members of the campus community. Phase 1 budget reductions were implemented for FY 2023-24, effective July 1, 2023.
Since we began this strategic realignment of resources work in November 2022, many community members have engaged in the process—through email updates, info sessions, and other means.
Engagement and iteration
Proposals financially validated and reviewed by leadership
Proposals finalized and shared
Board of Regents approve balanced budget