Additional Budget Cuts on the Horizon
Posted: August 2, 2002 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
Senior Vice President Maurice Scherrens has announced that George Mason is expecting additional budget reductions when Gov. Mark Warner reports the results of the new state forecast on Aug. 19. The governor previously revealed that last year’s general fund revenue collections fell short of the forecast by $237 million, and that a re-forecast would be conducted for the 2002-04 biennium.
In a letter to the President’s Council, Scherrens said, “We anticipate that the governor will impose additional (and significant) budget reductions on agencies in order to bring expenditures back in line with estimated revenues. On the basis of the information available to us, we are asking each of you to take the necessary steps to protect the university’s core programs and avoid a much more serious budget problem later in the year.”
Scherrens also expressed caution in filling any vacant permanent positions, although George Mason will not initiate a hiring freeze or impose across-the-board specific expenditure restrictions unless mandated by the state. “For many units the only remaining budget flexibility (after already absorbing previous budget reductions) is the savings associated with your vacancies and position turnover,” said Scherrens. “Therefore, where possible without jeopardizing your ability to provide core mission services, you should maintain your current financial/budget position by keeping non-essential positions vacant until we hear more specifically on the extent of the upcoming budget reductions.”
To view Scherrens’ letter to the President’s Council and Warner’s memo announcing the re-forecast, visit the Budget Office’s web site. For more information, contact Donna Kidd at (703) 993-8743 or email@example.com.