January 8, 2009
"There has been much in the news, in the past few months, concerning the state of the economy in Indiana and throughout the country. From what I have seen, things are better here than in many parts of the nation, but that does not mean that we will be immune from budget challenges," Bradley said in his regular bi-weekly electronic newsletter.
Last fall, the Indiana Commission for Higher Education recommended cuts for all of the state's higher education institutions during the 2009-11 biennium, including reductions totaling more than $2.8 million dollars for Indiana State. Gov. Mitch Daniels has since recommended additional cuts of more than $2.6 million, including a reversion of 1 percent of the university's state appropriation for fiscal 2009.
"Those of you who have been around for a while know that budget cuts are just a part of life. Higher education has struggled financially for a long time," Bradley said. "We have the processes in place to respond to these proposed cuts and others if they occur. It is very early in the legislative process that will ultimately determine our state appropriation for the next two years. We will not know with any certainty what our total budget will be until late spring."
Bradley indicated his intention to use the governor's proposed budget as a starting point in planning for the coming two years and the university will be conservative, particularly in filling vacant positions.
"Our employees, at all levels, are what make ISU such a great place. Our top priorities will be to maintain direct services to students and to protect the jobs of our current employees. I am confident that careful planning, coupled with good management of resources, will allow us to weather these bad economic times and continue to provide high-quality instruction and services to our students."
Media contact: Dave Taylor, media relations director and university spokesperson, Office of Communications & Marketing, Indiana State University, 812-237-3743 or firstname.lastname@example.org
ISU's budget priorities are to maintain student services and protect current jobs, university President Dan Bradley said in a message to faculty and staff. Budgets proposed by both the Indiana Commission for Higher Education and Gov. Mitch Daniels call for cuts in ISU state appropriations over the next two years.