Friday, February 20, 2009

President finalizes FY09 budget reduction plan - Northern Arizona University

Northern Arizona University will implement furloughs this fiscal year only for the president, vice presidents and academic deans while deferring campuswide furloughs until fiscal year 2010, according to the final FY09 budget plan announced today by NAU President John Haeger. Haeger said that he and the university's vice presidents and academic deans will take three furlough days between now and June 30. In FY10, which begins July 1, university employees making $40,000 per year and higher will take up to seven furlough days during the year. Employees earning less than $40,000 per year will take up to two furlough days. The FY10 furlough program is expected to save the overall university budget about $3 million. "I have received a tremendous amount of feedback from the faculty, staff and administration and took all that input into consideration in making this furlough decision," Haeger said. "It also became apparent that there are a lot of issues regarding furloughs that must be carefully considered. Waiting to implement campuswide furloughs in FY10 will give us sufficient time to work through the policy issues and the details of the implementation plan."