The University has committed itself to “a series of broad-based and decisive austerity measures” in response to newly-projected large budgetary shortfalls in both the present fiscal year (FY) as well as FY21. University President Ronald J. Daniels announced these measures in an email to the Hopkins community on Tuesday night. Before any attempts at mitigation are considered, Hopkins is now projected to stand at a nearly $100 million deficit, according to the Financial Implications and Planning (FIP) report.
https://www.jhunewsletter.com/article/2020/04/how-the-university-will-immediately-cut-expenditures
