Budget and Planning
Budget updates, 2009Dec. 17, 2009 Hoffman announces cross-cutting teamsAs part of preparing to develop the FY11 budget, executive vice president and provost Elizabeth Hoffman announced the membership for five teams that will review functions or programs that cross administrative or academic units. See story. Dec. 11, 2009 Regents approve spring surcharge for studentsWith a $100 surcharge during spring semester, ISU students will cover about 10 percent of the university's $24.5 million mid-year reversion of state funds. The state Board of Regents approved the surcharge Dec. 10. See story. Nov. 30, 2009 Hoffman outlines strategy for developing FY11 budgetIn a Dec. 2 memo to senior leaders, executive vice president and provost Elizabeth Hoffman outlines the strategy for developing ISU's next few budgets in the face of declining state funding and anticipated declining enrollments. See story. Nov. 30, 2009 Geoffroy: ISU must deploy limited resources to areas that contribute most to future successIf Iowa State is to continue to fulfill its land-grant mission, it must find ways to deploy its severely reduced resources to programs and activities that will contribute most to the university's future success, Geoffroy said in a Nov. 30 letter to faculty and staff. Nov. 11, 2009 Temporary layoff/furlough details availableDetails are available for the temporary layoff/furlough plan that applies to faculty, P&S staff, and supervisory and confidential staff. See Inside story | Program documentation and FAQ. Nov. 11, 2009 Guidelines for partial shutdown over semester breakUniversity leaders are encouraging units to consider participating in a partial shutdown of the university from Dec. 24, 2009, to Jan. 3, 2010. The shutdown, which is not mandatory, would allow some employees to use temporary layoff/furloughs at a time when classes aren't meeting. See Inside story | VP Warren Madden's letter to administrators. Nov. 5, 2009 More temporary layoff/furlough details soonThe portion of temporary layoff/furlough plan that applies to faculty, P&S staff, and supervisory and confidential staff, is nearing completion, and officials hope to release more details and a Q&A next week. See story. Nov. 5, 2009 Retirement incentive looks familiarThe new retirement incentive option, dubbed RIO2, is similar to last year's program, although the eligibility age has been lowered. See story | Q&A (pdf). Nov. 5, 2009 Temporary benefits reductionThe university's contribution to employees' TIAA-CREF or VALIC retirement accounts will be reduced by 20 percent for eight months. See story | Q&A (pdf). Oct. 29, 2009 Regents approve budget reversion planEmployees, students and university units likely will share the burden
of a mid-year reduction of $24.5 million in state funding under
a plan approved by the state Board of Regents
Oct. 29. Oct. 29, 2009 Letter to employees on reduction plan
Geoffroy In an Oct. 29 e-mail, President Geoffroy thanks the campus community for input on budget reductions and outlines plans for handling a mid-year cut in state funding. Oct. 28, 2009 Survey illustrates P&S budget opinionsA staff survey shows that Professional and Scientific employees favor
furloughs to position eliminations or smaller retirement contributions
to meet a mid-year budget reversion. The survey was conducted by the P&S Council Executive Committee Oct. 22-23. The
survey results were passed on to
President Gregory Geoffroy and Provost Elizabeth Hoffman. Oct. 15, 2009 President seeks inputIn an Oct. 15 e-mail, President Geoffroy encourages faculty and staff to send suggestions for cost savings or budget reduction strategies to dpartment chairs, deans and other unit leaders. Oct. 14, 2009 Board president suggests options for meeting mid-year reversionIn a special meeting Oct. 14, State Board of Regents president David Miles outlined options Iowa State leaders might consider in developing a plan to cut $24.5 million from this year's budget. Those options include:
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Where to send your commentsSend your comments about the budget to: budgetcomments@iastate.edu. President's memos |