Friday, June 27, 2014

Central Washington U adjusts to reality of budget constraints - ANDY MATARRES, Daily Record

Central Washington University will be able to bridge its $6 million budget gap through next year but still has to face down a $9.5 million deficit through 2015-16. The university, assuming no help from the Legislature, likely will have to make cuts and has already instated a new management style to encourage programs to generate more revenue, an effort some faculty members are worried puts money over academics. The system, called responsibility-centered management, or RCM, gives colleges at the university control over their revenues and responsibility over their budgets. In turn, according to the university’s administration, it will help spread the cuts’ blow and encourage more revenue growth. Without further state funding, and in light of a tuition freeze imposed by the Legislature, the university faces a $6.1 million shortfall in 2014-15, growing to $9.5 million in 2015-16. http://www.dailyrecordnews.com/members/central-adjusts-to-reality-of-budget-constraints/article_4c9e61a2-f324-11e3-a3f5-001a4bcf887a.html