The University of Cincinnati’s (UC) new chief academic officer warned the new budget model may not provide the kind of sweeping solutions to the university’s budget woes some faculty are looking for. Provost Valerio Ferme briefly touched on the university’s new budget model – which is expected to go into effect next year – during a meeting of UC’s Faculty Senate in August. Many faculty have asked me about the new budget model,” Ferme said, adding some of those questions have revolved around potential solutions to budget issues faculty have been complaining about for years.