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University retrenchments by the faculty book and beyond it universityworldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from universityworldnews.com Daily Mail and Mail on Sunday newspapers.
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January 25, 2021 | On Jan. 21, department chairs and center directors received memos with their FY22 base budget reduction instructions. This follows Chancellor Blank’s October 2020 announcement that the estimated impact of the pandemic on UW-Madison would be $320 million due to lower revenues and increased costs. As a result, UW-Madison leaders distributed base-budget cuts for all 101-funded units that will begin in FY22. The overall FY22 101 base-cut to CALS will be $2,709,293, based on CALS overall 101 budget of $64 million. These reductions follow one-time reductions of $2.06 million made to the CALS 101 budget during the current fiscal year. For those units with fund 104 Extension funding, details on FY22 based cuts will be available in the coming weeks. Overall, the Extension base budget reductions to CALS as a whole are anticipated to be at a similar level of approximately 4.25 percent. ....