Proposed budget cuts and layoffs will be presented to Wright State University’s board of trustees at their April 7 finance committee meeting.
While there’s a chance trustees could approve cuts right away that day, they’re unlikely to, said chairman of the finance committee Doug Fecher.
Trustees expect to receive an outline of what measures need to be taken to secure the university’s financial footing. Trustees will review it and could make changes, Fecher said
Former president David Hopkins had requested provost Tom Sudkamp and chief financial officer Jeff Ulliman revise a budget plan by April 3.
The university needs to cut $25 million from its fiscal year 2018 budget to regain its financial footing. Wright State also expected to spend almost $40 million more than it brought in this year.
The school laid off 23 employees in October and more layoffs are expected to be announced next month, Ulliman has said. Since Hopkins’ resignation last week, interim president Curtis McCray has been charged with realigning Wright State’s budget.
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