WSU’s President asks all departments to prepare for COVID19-related budget cuts
PULLMAN, Wash – As the coronavirus continues to impact state and local budgets nationwide, Washington State University President Kirk Schulz is asking all departments to prepare for a 10% budget reduction.
Dr. Schulz laid out his request in a letter to the university community Tuesday. He said “the economic fallout from the pandemic is – and will be – significant.”
Schulz laid out a core principles that will guide the decision making, which include: prioritizing core and mission critical activities to support high quality academic delivery and student success functions; working to sustain as many jobs as possible; focusing on revenue generation; and aligning the budget to achieve financial sustainability across all WSU campuses and locations.
He said the university could keep jobs by instituting “system-wide salary reductions based on salary levels, with a goal of minimizing the impact on our lower-earning faculty and staff.”
WSU Athletics previously announced voluntary salary cuts for its highest-paid coaches and employees.
Dr. Schulz asked all units to prepare for that 10% budget reduction. He said “this is an exercise in anticipation of what may be required to balance the state’s budget. The truth is, at this point we simply do not have enough information to know what our funding picture will look like.”
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