Wednesday, June 21, 2017

Jackson State U to cut 42 positions in budget reduction and recovery plan - Waverly McCarthy, MS News

Following months of careful review of the financial issues at Jackson State University, interim President Rod Paige announced Tuesday the completion of a comprehensive Budget Reduction and Recovery Plan designed to improve efficiencies and move the university toward fiscal stability. The plan includes implementing a hiring freeze, suspending all internally-funded travel, eliminating all unfilled positions, reducing spending on commodities, discontinuing several terminable contracts, resizing satellite campuses and academic and administrative restructuring. Further, to achieve the necessary cost-cutting goals, the university is implementing a reduction in force that will bring the FY2018 budget in balance and allow the university to focus on rebuilding depleted cash reserves.

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