Why no public discussion for UConn's $1.3b budget?

[Drew]

http://www.courant.com/opinion/editorials/hc-ed-uconn-secrecy-20150625-story.html


Says UConn operates "too secretly"

 

[The Viking]

Conspiracy Kitty would say Jim Delany is the reason.

 

[SubbaBub]

The "secrecy" meme is direct from people who want to cut state support for UConn by pointing to foundation donors and saying, "See, they don't need state money," because of donor pledges or how the foundation spends it's money to solicit those donations.

This idea couldn't be further from reality. UConn's only saving grace at this point is the support from the state at a time when it's competition is losing theirs. Until UConn adds about a billion and a half dollars to it's endowment, the state needs to provide the support.

 

[mets1090]

http://today.uconn.edu/2015/06/next-years-budget-prioritizes-academic-mission/

 

[Drew]

'Given Chance To Speak Publicly On Budget, Most UConn Officials Pass' http://www.courant.com/news/connecticut/hc-uconn-trustees-budget-0708-20150715-story.html#page=1

 

[Drew]

Update: Layoffs have begun to bring the budget into balance. Sad for these people but a necessary doing: http://www.nhregister.com/general-news/20150820/uconn-begins-to-close-budget-gap-with-layoffs

 

[Drew]

 

[Drew]

UConn adopts a largely flat budget, asks for big increase next year

UConn approved a largely "flat" $1.3b budget- but is asking for a huge increase for next year due to the budget requiring larger class sizes and other issues

"The University of Connecticut's governing board Wednesday adopted a largely flat $1.3 billion budget for the fiscal year that begins Friday, retreating from years of rapid spending increases at the public university.

Still the budget is subject to several significant risks and may quickly become out of balance, school budget officials warned the Board of Trustees.

"The budget is, honestly, precariously balanced. There are still some risks ahead," UConn budget chief Scott Jordan said.

The budget will increase spending by $13 million, or 1 percent, over last year, but the increase is much smaller than the $104.7 million, 9 percent increase that UConn experienced in the 2015 -16 fiscal year.

One large risk is whether state funding for UConn will be further reduced mid-year. The adopted state budget closed a nearly $1 billion deficit with cuts to various state agencies, including a $16.5 million, 4.5 percent reduction to the state's share of UConn's overall budget. State appropriations cover about 30 percent of UConn's budget."