University News
President Goldfarb Issues Budget Letter
May 13, 2004
May 13, 2004
Dear Campus Community,
We expect that we will receive official notification from the State that the University will have to lapse two percent of its FY04 general revenue budget at the end of this fiscal year. While we are waiting for official notification, we have been preparing for the callback of budget with our Vice Presidents. We had asked the campus, at the beginning of the fiscal year, to protect two percent of our budget for just such a circumstance.
We are very concerned over the lateness in the fiscal year of this callback and the impact it will have on our ability to deal with significant deferred maintenance projects, necessary purchases and other significant needs which had been identified when we hoped we might be able to release these funds.
Please know that I appreciate all of the support during these difficult and uncertain budgetary times. We will continue to review this issue with our legislators and others. We will provide additional information on our FY04 and FY05 budgets once it is available. Again, thanks so much for all of your assistance, patience, and support.
Sincerely,
Alvin Goldfarb
President
Posted By: University Communications (U-Communications@wiu.edu)
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