An enrollment decline and investment losses mean Wright State needs to find around $25 million in savings for its FY 2018 budget as opposed to the originally projected $8 million, Hopkins has said.
The plan to increase savings will likely also call for some WSU departments or operations to merge, Ulliman said.
The board of trustees committees will meet on April 7 and will likely be discussing the new cost savings plan at that meeting.
Last month, Hopkins initiated a hiring freeze at the university for jobs that do not pertain to health, safety, compliance needs or demonstrate a “direct impact on revenue.”
The university also announced in October that it would lay off 23 employees, including six faculty members.
Wright State officials have been reducing expenses for the past year as the school’s unrestricted reserve fund dropped from more than $100 million in 2012 to $12.9 million as of June.
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