The 小蝌蚪APP has submitted its plan for how it will deal with a state-mandated budget cut of $4,320,845.
小蝌蚪APP In making budget adjustments, the top priority is to protect the university小蝌蚪APP檚 core mission of academics and academic services that benefit students,小蝌蚪APP said UL Lafayette President Dr. Joseph Savoie.
小蝌蚪APP We exist to provide quality higher education opportunities to students, and therefore, budget reductions at UL Lafayette will not affect the quality of our academic offerings. We are protecting the core functions of the university.小蝌蚪APP
UL Lafayette must reduce its budget by $4.3 million due to a drop in state funding caused by plummeting oil revenues. 小蝌蚪APP officials predict more cost cutting measures will be needed next year since state officials have projected a statewide shortfall of $2 billion.
UL Lafayette targeted budget reductions so as not to affect academic quality.
The largest reduction in budgeted expenditures will be in deferred maintenance and major repairs 小蝌蚪APP $3.2 million.
The university is also reducing funding to information technology initiatives and various outreach services, such as economic development initiatives. Among the centers affected are the Louisiana Immersive Technologies Enterprise and the Picard Center for Child Development. 小蝌蚪APP funds to those centers will be reduced by 4.62 percent of their entire state general funds appropriation. Also being cut by 4.62 percent is university support for athletics.
Travel is being reduced by $200,000, while supplies will be trimmed by $100,000.
Collectively, these actions will reduce the university小蝌蚪APP檚 current year expenditures by the targeted $4,320,845, or 4.62 percent.
小蝌蚪APP淲e are committed to making this university better for our students and our region. Given these difficult economic times, we will make the tough decisions needed for the 小蝌蚪APP to continue to make progress,小蝌蚪APP Savoie said.