Sunday, January 27, 2013
At IPFW, budget ills may mean job losses - Sarah Janssen, The Journal Gazette
An enrollment dip, rising operational costs and the uncertainty of state funding have caused IPFW to ramp up discussions about difficult cuts to its declining budget. For the upcoming budget year beginning July 1, the university is facing a budget deficit up to $4.2 million. Such cuts are unlikely without at least some layoffs, said Walt Branson, vice chancellor for financial affairs. Academic department heads have already been tasked with presenting options to the administration for cuts. An exact figure remains fluid, Branson said, because the state legislature hasn’t approved the next two-year budget, which will include allocations for state universities. Depending on state appropriations and fall enrollment, IPFW’s shortfall could rise as high as $9 million.
http://www.journalgazette.net/article/20130119/LOCAL04/301199986/1002/LOCAL