Monday, June 28, 2010

Ohio University provides budget update to faculty and staff

At the June Board of Trustees meeting, we will present information on revenue and expenditures associated with the FY 2010 university budget along with the proposed budget for FY 2011. The FY 2011 proposed budget reflects the approximately $13 million in base budget reductions that formed part of the university-wide budget conversation held over the last academic year. Some of the reductions involved the loss of positions. Job losses have been reduced now to 14 full-time and 4 part-time positions. We regret that all employees whose positions were abolished have not been placed, but are grateful for the work of University Human Resources and the cooperation of planning units, which have made it possible to reduce the number of layoffs.