Money was on the minds of members of the Faculty Senate at its meeting last night, with informational briefings from a number of administrators on issues related to the UA’s budget.
The budget is “the not-quite-four-letter word that’s on all our minds these days,” President Robert Shelton said. In her opening address to the Senate, Provost Meredith Hay introduced a large-scale reformation of the UA’s budget management process known as the “Budget Redesign,” which Hay called “probably the most complicated, in-depth redesign of the university’s budget ever.” The plan, which Hay said will take many months to put in place, would involve funneling available dollars more directly to the colleges, especially the tuition money those colleges are responsible for bringing in.
