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LSU Submits $5.1 Million Mid-year Budget Cut Plan

LSU’s cut was increased to reduce AgCenter, Pennington cuts

10/20/2010 01:01 PM

BATON ROUGE – LSU has submitted a revised plan for meeting a new mid-year budget reduction of $5.1 million, as required by the Division of Administration.  

 

After submitting plans for a $2.2 million mid-year budget reduction last week, LSU was notified on Monday that its mid-year cut has been increased to $5.1 million.  LSU – and other student-serving institutions within the LSU System – were given higher budget cuts so that the LSU AgCenter and Pennington Biomedical Research Center could be spared larger mid-year cuts.

 

LSU calculations show that, because the cuts for the AgCenter and Pennington were re-distributed to the remaining universities within the LSU System, LSU’s mid-year cut went from 1.6 percent to 3.7 percent.  The additional cuts could have been distributed among all higher education systems in Louisiana, but were not.

 

“I am glad that Pennington and the AgCenter have been helped,” LSU Executive Vice Chancellor and Provost John M. Hamilton said, “but I am disappointed that this cut is proportionally much higher for the LSU System – and LSU – than for other higher education institutions in the state.  That is unfair to our students.”

 

To meet the cut, LSU will:

  • Reduce funds in several areas of the LSU School of Veterinary Medicine, including the Louisiana Animal Disease Diagnostic Lab and the Arbovirus Testing Program, which provide research, diagnoses or control of animal-related human diseases such as West Nile virus, encephalitis and rabies;
  • Change the source of funds for graduate assistant tuition exemptions on employing campuses, totaling nearly $1 million;
  • Utilize funds generated by tuition and fees from a higher-than-expected freshman enrollment this fall, which LSU had planned to use to temporarily increase classroom support, reduce section sizes and provide counseling and tutoring hours for students;
  • Change the source of funding for the Academic Center for Student Athletes from the university to the Athletic Department.    

 

“It is clear that we’re going to have to expedite some serious cuts that will impact students and programs to address this budget crisis,” LSU Chancellor Michael Martin said.

 

LSU has already endured $42 million in reductions in state appropriations since January of 2009.  The new cut brings LSU’s losses to $45 million in 22 months, an average of more than $2 million per month.  

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