Saturday, September 22, 2018

Leavitt’s budget plan enters phase one - Christina Basken, Advance-Titan

The three-phase fiscal plan UW Oshkosh Chancellor Andrew Leavitt announced on Jan. 29 is now out of its planning phase and living part one of the three-year plan. The purpose of the plan as stated by Leavitt in his blog is to employ a three-phase fiscal plan to reduce general-purpose revenue spending by $9.5 million over the next two years. The goal by the second year of the plan was to raise a net of $1 million of on going revenue. The plan is to cut academic spending by 30 percent in the first year, 50 percent in the second year and 20 percent in the third year. Non academic spending will be cut by 60 percent the first year and 40 percent in the second year. https://advancetitan.com/news/2018/09/13/leavitts-budget-plan-enters-phase-one