Dear HSU Campus Community,

The University Resources and Planning Committee (URPC) met this past Thursday to discuss an approach to develop a balanced three-year university budget plan through FY 2021-2022. Efforts over the last several years have moved us closer to our goal of sustainable, predictable budgeting. However, with our continued trend of declining enrollments, we must once again reduce our expenditures in order to operate within our means. Based on our most recent enrollment projections, we estimate that by FY 2021-2022 we will have a budget gap of $5.4 million between ongoing revenue and ongoing costs. We are working diligently to refine our enrollment projections to have up-to-date planning scenarios to incorporate into our three-year budget plan. In the meantime, one-time savings from last year are providing us with the flexibility to cover the spending gap in the short term while we work on longer term solutions to bring our spending in balance with lower anticipated revenue in the coming years. The URPC’s goal is to complete a balanced budget plan by December 6th, 2019.  

During Thursday's meeting, URPC members discussed possible approaches to achieve this goal and establish principles that will guide the process to reduce $5.4 Million in expenditures. We invite and encourage the input of all campus and community stakeholders in this process. The URPC will meet weekly for the duration of the Fall semester and is planning to implement multiple means of soliciting consultation and guidance from staff, faculty and students to determine the best path to achieve these reductions. We are determined to prioritize the protection of resources allocated directly to students and their education, and, as such, student involvement in this process will be particularly crucial. We thank you all in advance for your participation in and contribution to the challenging work of planning for the future and continued health of our University. 

For more information about the URPC visit: https://budget.humboldt.edu/urpc

For more information about HSU's budget visit: https://budget.humboldt.edu/welcome-0