Friday, November 2, 2012

Delgado Community College freezes spending to cut $13M deficit - THE ASSOCIATED PRESS

Facing a $13 million deficit and an 11 percent drop in enrollment, Delgado Community College Chancellor Monty Sullivan says he's placed a freeze on travel, spending and non-essential hiring. The Times-Picayune reports Sullivan announced the strategy Tuesday in speeches at Delgado's Algiers and City Park campuses in New Orleans. Sullivan said no pay cuts are planned but buyout packages to encourage early retirement are being considered. He said the proposed cuts should help preserve the college's basic operations, lower the deficit and minimize the impact on students. Freezing spending and travel should save a total of about $1 million, he said, and the hiring freeze should save another $2 million. He said there are about 80 vacancies that will not be filled. http://www.therepublic.com/view/story/cf22aa24bf2641b9b095993fd0b9f0df/LA--Delgado-Budget