Saturday, November 24, 2012
YSU struggles with unknowns for 2014 budget - Denise Dick, Vindy.com
As Youngstown State University continues to contend with less money from the state, the unpredictability of a few key budget elements limits the institution’s ability to plan ahead. “If there’s one word to describe next year’s budget process, it’s ‘uncertain,’” said Neil McNally, budget director, during a retreat for YSU trustees Friday. The uncertainty is caused by three factors and the difficulty in predicting them for the fiscal year 2014 budget, said Gene Grilli, vice president for finance and administration. Those factors are enrollment assumptions, tuition and state share of instruction. “For the past two fiscal years, we’ve had assumptions on enrollment projections that obviously have not been met,” McNally said.
http://www.vindy.com/news/2012/nov/17/ysu-struggles-with-unknowns-for--budget/