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Recent messages from the president regarding the budget.
Fiscal Year 2012–13 General Budget
At the end of June, the Pennsylvania legislature and the governor approved flat appropriations for PASSHE. On July 9, 2012, the PASSHE Board of Governors approved tuition and fee increases for fiscal year 2012–13. As a result, we are now in a position to finalize IUP’s general (E&G) budget for FY 2012–13.
President Driscoll Discusses Goals, Budget Questions in WIUP-TV Interview, September 1
In this wide-ranging discussion, the president answers budget-related questions and identifies his three most important goals in his first year at IUP. He even talks a bit about salmon fishing.
Budget Reductions for Fiscal Year 2013–14
To meet a $5.786 million projected shortfall for fiscal year 2013–14, central budget reductions were made, new revenue identified, and each vice president and the Office of the President have worked to identify $3.987 million in budget reductions. These cuts do not include any active employee reductions and will not change our primary mission of service to our students.
President Updates 2013–14 Budget Information
Since my message of May 29, 2013, about IUP’s 2013–14 budget, we have information about our budget assumptions and a plan to move forward.
2013–2014 IUP Operating Budget Is Balanced
Since my last update to you on August 5, we have adjusted the current fiscal year’s operating budget and are actively engaged in addressing budget challenges for future years.
General Guidelines Related to Budget Reduction Efforts for Fiscal Year 2014–15
Planning for the most likely scenario for fiscal year 2014–15 shows a projected shortfall of $2.561 million IUP will use one-time central savings to cover $1.281 million, reducing the shortfall to $1.280 million. Permanent budget reductions totaling this amount must be identified within the next 60 days.
President Outlines Multiyear Approach for Balancing IUP’s General Fund Budget
After consultation with the University Budget Advisory Committee, President Michael Driscoll provides an update on the university’s budget planning, including a proposed three-pronged approach for long-term financial stability.
Budget Update: Uncertain Circumstances Delay Finalizing 2015–16 Fiscal Plans, Tuition Pilot
In a budget update to the IUP community that details the State System Board of Governors' vote to freeze tuition, President Michael Driscoll announces that IUP's Per-Credit Tuition Pilot program will be deferred for one year.
Budget Update: Moving Forward
President Michael Driscoll provides an update on the university’s budget following the Board of Governors’ approval in July of a tuition and technology fee increase of 3.5 percent for the 2015–16 academic year.
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