Acting Winthrop president freezes 10 percent of university’s budget - Andrew Kiel, WRHI

Acting Winthrop University president Debra Boyd has enacted a ten-percent budget freeze on the university’s spending, ahead of a comprehensive study on the school’s expenditures. In an e-mail distributed earlier today to faculty and staff, Boyd said the funds recovered from the frozen operational spending would be held in a temporary account. That account, Boyd said, would be maintained until the university administration “can collectively analyze each area’s needs,” Boyd said. While all operating budgets will be a part of the review process, personnel budgets would not be affected, Boyd noted. “I think it’s good practice for us to do this on a larger scale…it’s something we’ve been doing on a smaller scale probably every year,” Boyd said in an interview Tuesday afternoon with WRHI. http://www.wrhi.com/2014/09/acting-winthrop-president-freezes-10-percent-universitys-budget-96827