To: The University Community
From: Chancellor J. Keith Motley
Date: October 3, 2008
Subject: Fiscal Challenges
As many of you may have learned from the media over the past weeks, Massachusetts is facing serious fiscal challenges due to a softening economy and slowing revenue collections, which have fallen well short of state budget projections. As a university that receives substantial funding from the state, the University of Massachusetts Boston will be required to share in the solution to this difficult fiscal problem.
This morning I met with my leadership team to begin the discussion about how we as a university community can best prepare for and address the looming funding cuts, and next week I will meet with University of Massachusetts President Jack Wilson to discuss system-wide concerns and possible courses of action. These discussions will continue in the coming weeks as we receive additional information from Governor Deval Patrick’s administration and learn more about its planned course of action.
As we move forward, I will provide you with regular updates, and we will engage the entire campus community in an open and fair process toward finding solutions. I want you to know that throughout this fiscal challenge, we will not compromise excellence and will remain determined to keep the University of Massachusetts Boston on its trajectory of progress. I am very optimistic that with your help – faculty, staff, and students – we will succeed.