 | Board of Visitors minutes December 7, 1990 |  |
FINANCIAL CONSIDERATIONS
Vice President Sandridge advised that the budget for 1990-92 is down some $40 million. An additional five percent cut may take effect. He outlined a number of cost containment projects including a two percent across the board salary cut for faculty, stopping faculty travel, leaving faculty slots unfilled (20 to 25 of them), placing a hold on purchase of computers, and others. Mr. Kelly said that though necessary, that this is discouraging.
Dr. Detmer said that though morale of the faculty is still good, it may decline as the result of cuts.
Mr. Sandridge noted that there is a human element which must be considered when dealing with dedicated faculty and staff. Dr. Detmer said that the basic science section of medical education is the most adversely affected. He noted that the high retention rate in nursing has saved on recruitment costs.
| Board of Visitors minutes December 7, 1990 | |