Friday, February 17, 2017

U Nebraska President Bounds Names Budget Response Team - KTIC

University of Nebraska President Hank Bounds announced today that he has named a cost-cutting Budget Response Team that will re-think a range of university operations in the face of likely budget challenges ahead. The work of the Budget Response Team, detailed in a presentation by Bounds to the NU Board of Regents, will span 10 areas of key university operations and engage nearly 100 subject-matter experts from within and outside of the university. Each area will be represented by a task force charged with identifying strategies for meaningful cuts – or in some cases revenue growth – while advancing university-wide goals for collaboration and outstanding service to students, faculty, staff and other stakeholders. Bounds said the Budget Response Team is necessitated by the state’s current fiscal challenges and their likely impact on the university’s $945 million operating budget, which is funded by state appropriations and tuition revenue.

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