UNC campuses must submit plans for 50% budget cuts as COVID-19 worst case scenario
The UNC Board of Governors has told chancellors on all 17 campuses to submit plans for cutting their budgets by up to 50% as COVID-19 threatens the fall semester.
Board Chairman Randall Ramsey sent an email to each campus leader earlier this week, multiple academic sources confirm, asking for two budget-cutting scenarios: one by 25% and another by half.
“These plans should not be general in nature,” Ramsey wrote, according to the email leaked to the Policy Center. “They should be very specific and include details of which programs will be shuttered, which positions will be furloughed, laid off or eliminated entirely and all other details of how a 25% to 50% spending reduction will be handled.”
https://www.newsobserver.com/news/coronavirus/article244321897.html
The UNC Board of Governors has told chancellors on all 17 campuses to submit plans for cutting their budgets by up to 50% as COVID-19 threatens the fall semester.
Board Chairman Randall Ramsey sent an email to each campus leader earlier this week, multiple academic sources confirm, asking for two budget-cutting scenarios: one by 25% and another by half.
“These plans should not be general in nature,” Ramsey wrote, according to the email leaked to the Policy Center. “They should be very specific and include details of which programs will be shuttered, which positions will be furloughed, laid off or eliminated entirely and all other details of how a 25% to 50% spending reduction will be handled.”
https://www.newsobserver.com/news/coronavirus/article244321897.html
