Grambling State University Faces $2.5 Million State Mid-Year Budget Cut
Office of the President
To: Faculty, Staff and Students
From: Willie D. Larkin, Ph.D.
President
Subject: GRAMBLING STATE UNIVERSITY FACES $2.5 MILLION STATE MID-YEAR BUDGET CUT
Date: January 28, 2016
These are perilous economic times in the State of Louisiana. This communiqué is to inform you that the Governor recently announced a mid-year budget reduction of $262 million to all state agencies. Higher education’s portion of that reduction is $131 million. This translates to a $2,509,045 reduction for Grambling State University.
Although the University remains in a stable condition financially, this latest spending cut will be burdensome because it must be implemented for the remaining six months of the fiscal year, which ends on June 30, 2016. Unfortunately, we will not have the flexibility to spread the reductions over a full year. I have established a Budget and Priorities Committee to develop criteria for budgetary decision-making, including this current reduction. This committee will review previous reductions, current spending levels, priorities and needed plans to protect the core missions of our institution.
I ask for your support and patience during these budget reductions, and I promise to keep you apprised of actions taken. I also encourage you to share any creative cost-saving suggestions you may have via e-mail at gsusavings@gram.edu.
Thank you for your cooperation, and please know that this is not a plan the University looks forward to executing, but one that is necessary given the uncertainty of new revenue. Stay tuned for additional information–to include university-wide conversations.
P.O. Box 607.403 Main Street • Grambling, LA 71245 • Office: (318) 274-6117 • Fax: (318) 274-6172 • www.gram.edu
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