Thursday, June 11, 2009

Responding to Tough Times

The Daily Star reported that Hartwick College has announced additional layoffs in order to meet a reduced budget. In May, the college trustees approved a $42.6 million budget for 2009-10 that is $3.1 million, or 6.8 percent, less than the $45.7 million budgeted for July 1, 2008, to June 30. Read more here.

Like many area nonprofits, Hartwick College is working to adapt and adjust to the economic downturn. Some of the other planned college actions to reduce the 2009-10 operating budget include cutting employee hours; scrutinizing vacancies to determine the need to fill positions; delaying expenditures; doing capital improvements based on maintaining services; and reminding the college community it can help reduce utility expenses.

No comments: