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.
Here is what we now know:
After consulting with Cabinet, I have decided to not
implement additional cuts for Fiscal Year 2013–2014. IUP will cover the
shortfall with one-time central resources for this year.
While this does not solve our budget shortfall, it reinforces
our need to plan for the long term instead of reacting to the short term. To
that end, we will spend this year working with the University Budget Advisory
Committee to develop a long-range (three-year) budget planning model.
Details of IUP’s Fiscal Year 2013-2014 Education and General Budget are