UPDATE (Friday 10:05 a.m.): Purdue to trim $30 million in response to state revenue decline
>>Print ViewPublication Date: 11/20/2009
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Purdue officials announced this morning a five month assessment plan to trim $30 million in response to declining state revenue.
"All aspects of university operations will be considered, including academic programs; total compensation packages for faculty and staff; and administrative structures, systems and processes," Purdue President France Cordova wrote in a letter accompanying the announcement.
The announcement comes two weeks after Gov. Mitch Daniels announced October revenue was $46 million below forecast.
The University has launched a Web site, purdue.edu/sustaining, to update faculty and staff on the process. Cordova's letter and the Nov. 20 forum presentations can be found there.
For more on this story see Monday's Exponent.