The Senate Finance Committee met on January 31. Kent Kay reported on the university's financial results to date. The enrollment decline continues, and enrollment for Winter is behind both plan for this year and actual results from last year. Spring enrollment is about 11 percent behind where we were at this time last year for Spring quarter.
The budget planning process will work from actual numbers for this year; expenses need to be managed to match this year's actual income, which is still a moving target.
The administration is committed to an open process for the budget. SFC reps will be invited into the budget process during March and April.
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