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YSU plans cuts to address deficit



Published: Thu, September 26, 2013 @ 12:09 a.m.

By Denise Dick

denise_dick@vindy.com

YOUNGSTOWN

To address a $6.5 million deficit, Youngstown State University trustees authorized cost-cutting measures including reductions in expenses, voluntary furloughs and vacation-day reductions, layoffs, delaying technology purchases and energy savings.

About half of the deficit is due to a loss of revenue from the enrollment drop, said President Randy J. Dunn. The remainder is from a loss of state support and the need to fill vacancies that had gone unfilled for the last few years.

Dunn said the projected savings in each category will be announced later this week.

This fall marks the third-consecutive year of declining enrollment. Last year’s enrollment was 13,825 students, and this year, there are 13,395 — about a 3.1 percent drop. Each 1 percent equals about $1 million in revenue.

Trustees approved a resolution authorizing cost-cutting measures Wednesday.

The largest savings, however, will be in reductions in current and future operating expenses, he said.

The layoffs, if necessary, won’t be more than the equivalent of eight full-time employees from the Association of Classified Employees and Association of Professional and Administrative Staff unions, and one or two administrative- exempt employees. No faculty members are expected to be affected.

Trustee James Greene said at a Finance and Facilities Committee meeting that the reductions aren’t to be taken lightly.

“We’re changing lives here for a while,” he said. “The next couple of years are going to be tough.”

Dunn said that the last time the university asked for voluntary furloughs or vacations two years ago, it got a decent response, and he’s hoping for a similar response this time.

“This is not a forced situation,” he said.

University officials will review actual versus budgeted expenses regularly throughout the year to determine if the cost-saving measures have achieved what they hoped.

“If we’re not seeing what we need to see, we’ll have to look at it again,” Dunn said.


Comments

1HonestAbe(274 comments)posted 1 year ago

nowhere near as many layoffs as akron; and akron is in debt to the tune of 27 million. still, a sad day for the folks being laid off. thank you governor kasick.

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2southsidedave(4784 comments)posted 1 year ago

education is not a top priority today....

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3NoBS(1963 comments)posted 1 year ago

The vindy says: "This fall marks the third-consecutive year of declining enrollment."

This fall ALSO marks the third consecutive year of declining state support of state universities. Somehow that bit of info was glossed over.

Why don't the YSU Trustees do without a few of their perks, since the university is experiencing a loss of revenue? The campus already looks shabby and uninviting because there's nobody left to keep things maintained. Laying off more will just exacerbate the situation, and the more unappealing the appearance, the less likely enrollment will rise.

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4mlisi39(47 comments)posted 1 year ago

Why don't they PLAN for these losses ahead of time instead of making it seem like a 'surprise'?

The answer? So it looks like they have no choice but to lay people off.

Proper planning would solve a lot of these issues ahead of time. Those planners are the ones that should be laid off.

Perhaps the Vindy could do a story on these 'budget makers' and 'strategic planners' and why their budgets and plans fail year after year.

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5DwightK(1266 comments)posted 1 year ago

How can we have high unemployment and low enrollment in the very place that makes people more employable?! Parents, get your little darlings off the couch and tell them they need some education if they are going to earn more than minimum wage.

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6walter_sobchak(1922 comments)posted 1 year ago

Dwight
You are 100% again. If not higher education, you will need to learn some skill if you want to earn more than minimum wage or be a leech on the govt., a.k.a., the people. Those that fail to plan, plan to fail! Why can't the lottery profits be redirected to student financial aid for a state university or community college instead of the trickery that they use to give it to Ohio govt-run schools?

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7mufasa(26 comments)posted 1 year ago

Why no mention of the $8.6 million that goes to the failing YSU athletic department??? Athletics should feel the pain as well.

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