Tuesday, May 23, 2023

The CUNY Budget Saga Continues: State Increasing Funding While City Funding and Enrollment Decreases - William Kuzma, the Knight News

In early February, CUNY issued a memo to the Presidents and Department Heads of all its 25 colleges, ordering each college to issue a hiring freeze and develop a ‘Savings Plan’ that includes a 5-6% cut for programs and activities. Since then, the state has passed its new budget plan that includes a significant budget boost for CUNY. However, CUNY may still implement the Savings Plan initiative as it faces other fiscal challenges with a decline in admissions and a reduction in city funding.