Colleagues,
We have received a number of inquiries from the campus’ financial staff regarding the divisional salary savings requirements for FY26.
Last year, the requirement went from 4% to 5% to help support our increased instructional costs, including the Temporary Academic Support (TAS) budgets within Academic Affairs, and to support our ongoing efforts to strengthen the campus’s long-term fiscally sustainability. We greatly appreciate everyone’s collective efforts and commitment to support this transition and more specifically our students who benefit from this instructional support.
Although the additional savings helped to partially offset our increased instructional cost, we are still projecting a high structural deficit moving into this fiscal year. As a result of these financial projections, the current fiscal uncertainties in higher education and the campus’ financial status leading into our multi-year budget reduction planning we will need to maintain the 5% salary savings requirement for FY26. This is a prudent measure to help support the campus’ transition to a more fiscally sustainable level and to ensure we are best supporting the instructional needs of our students.
Thank you for understanding and your continued support of the campus.
