YOUNGSTOWN — Fifteen staff employees will be laid off and 43 vacant positions will be eliminated under a $3.8 million budget reduction plan announced today by Youngstown State University.
“Three years of enrollment decline and the continued loss of state funding support represent permanent challenges that have resulted in a structural deficit in the university’s operating budget,” said Ikram Khawaja, interim president. “While these actions alone do not resolve our fiscal problems, we believe that they are yet another crucial step toward helping balance our budget while at the same time protecting as much as possible the academic and other services that are important to our students’ continued success.”
YSU’s state allocations and tuition revenue have decreased by a combined $19.5 million over the last three years, and those losses could increase to $22 million next year.
The personnel measures were included in the university’s $173 million fiscal year 2015 operating budget approved Tuesday by the YSU Board of Trustees’ Finance and Facilities Committee.
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