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What will be the impact of the UNM $22.5 M budget cut on SNL?

What will be the impact of the UNM $22.5 M budget cut on SNL?

ALBUQUERQUE (AP) — With declining enrollment and a smaller allotment from the cash-strapped state, the University of New Mexico is bracing to have $22.5 million less to spend in fiscal year 2017.

The school also will be looking to hire a new president.

Robert Frank announced Friday that he won’t seek to renew his contract after it ends on May 31, 2017. “I am pleased with what we have accomplished during my presidency, and it will be with great pride that I hand over the reins to the next president, who can build upon our successes,” Frank said in a statement.

He was hired by UNM in January 2012.

The Board of Regents now has eight months to choose the school’s 22nd president.

Board President Rob Doughty said the search would begin no later than next spring, and an interim president would be appointed if a successor to Frank isn’t found in a timely manner.

On Thursday, Frank announced the university will put a freeze on hiring, and all college officials will perform departmental audits of temporary and part-time staff positions. Those positions that aren’t deemed to be critical will likely be cut.

He said the expected losses mean everything from programs to staff and administrative positions could face cuts, The Santa Fe New Mexican reported.

“We have stretched ourselves to the point where we can no longer do any stretching,” Frank said to a room full of about 500 concerned staff and faculty members. “This is a ‘no win’ for all of us.”


What will be the impact of the UNM $22.5 M budget cut on SNL?

ALBUQUERQUE (AP) — With declining enrollment and a smaller allotment from the cash-strapped state, the University of New Mexico is bracing to have $22.5 million less to spend in fiscal year 2017.

The school also will be looking to hire a new president.

Robert Frank announced Friday that he won’t seek to renew his contract after it ends on May 31, 2017. “I am pleased with what we have accomplished during my presidency, and it will be with great pride that I hand over the reins to the next president, who can build upon our successes,” Frank said in a statement.

He was hired by UNM in January 2012.

The Board of Regents now has eight months to choose the school’s 22nd president.

Board President Rob Doughty said the search would begin no later than next spring, and an interim president would be appointed if a successor to Frank isn’t found in a timely manner.

On Thursday, Frank announced the university will put a freeze on hiring, and all college officials will perform departmental audits of temporary and part-time staff positions. Those positions that aren’t deemed to be critical will likely be cut.

He said the expected losses mean everything from programs to staff and administrative positions could face cuts, The Santa Fe New Mexican reported.

“We have stretched ourselves to the point where we can no longer do any stretching,” Frank said to a room full of about 500 concerned staff and faculty members. “This is a ‘no win’ for all of us.”



http://www.lamonitor.com/content/unm-president-says-he-won’t-seek-2nd-term

Comments

Anonymous said…
UNM, clearly the next University to run LANL; this didn't even speak to UNM's Athletic Program, that's also in the red.

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