Monday, May 28, 2018

Castleton implements plan to align budget with enrollment trends - Vermont Business

Castleton University announced a series of updates Thursday as part of its ongoing process to align its budget with current and future enrollment trends. The plan currently being implemented is a result of a four-month-long collaborative, exhaustive, and transparent approach to an organizational restructure that has identified cost-savings opportunities and growth initiatives. The restructuring, which was announced in February in response to a 3 percent operating deficit due to a decline in its traditional first-year student enrollment, seeks to align the university’s operating budget with the enrollment realities faced by colleges and universities across the country. https://vermontbiz.com/news/2018/may/17/castleton-implements-plan-align-budget-enrollment-trends