Friday, November 17, 2017

School of Arts & Sciences addresses budget deficit - EMILY BURKE, Tufts Daily

The budget for the School of Arts & Sciences (A&S) is currently in a deficit, according to the Sept. 27 A&S faculty meeting minutes, which discussed the school’s budget and financial situation. In the minutes, Executive Administrative Dean for Arts & Sciences Scott Sahagian emphasized that the deficit exists for good reason; the university is investing in academic buildings, housing, research and other areas. “At present, our first quarter models are projecting a $7.5M budget deficit in A&S for this fiscal year,” Dean of the School of Arts & Sciences James Glaser told the Daily in an email. “We’re trying to manage our spending and commitments this year to reduce that number to break even.” In the minutes, Glaser said that the university is working on fundraising and other measures to close the deficit. https://tuftsdaily.com/news/2017/11/09/school-arts-sciences-addresses-budget-deficit/