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. http://www.msnewsnow.com/story/35558992/jsu-to-cut-42-positions-in-budget-reduction-and-recovery-plan