MEMORANDUM

To: NJIT Faculty, Staff and Students

From: Robert A. Altenkirch

Date: Sunday, April 9, 2006

Subject: Budget Task Force

From accounts in the media, and from the information that we distributed on campus, the proposed State budget contains one of the largest, if not the largest, reductions and spending constraints to higher education ever in New Jersey as part of the Governor’s effort to bring State expenditures in line with revenues.  For too long, the State has relied on short term approaches to budgeting, e.g., using one-time bond revenues to cover recurring expenses, and, at some point, those short term approaches are no longer feasible, and recurring expenditures must be backed by recurring revenues.  While we are working with the Legislature and the Governor’s Office in an effort to have some of the State budget shortfalls that impact us restored, we cannot rely solely on restoration at this point as “the” revenue source that provides relief in working to develop an FY07 budget.  Rather, we must rely on a combination of well thought out expenditure reductions and revenue enhancements under our direct control.

As we begin the process of assembling an FY07 budget, one that will take considerable effort, we must consider all options.  In doing so, it is useful to have broad campus input so that in fact we do consider options that may not at first glance be evident. Additionally, we must ensure that we do take measures that are in the best interest of the University as a whole, and while they may result in “doing business differently” they do not result in “shutting down the business.”

The Budget Task Force that will review the budget situation, review carefully considered precautionary measures already taken to manage the remaining portion of this year’s (FY06) budget as prudently as possible to keep options open by limiting commitments against the FY07 budget, and develop potential budgetary options as recommendations to the University Senior Staff that will impact the FY07 budget and beyond while supporting efforts that, collectively, comprise all that the academic enterprise offers to students, faculty, and staff has been appointed.  The Task Force, whose membership is listed below, has already begun meeting and will continue to meet on a regular basis through the budget development process.

Bob Altenkirch, President

Peter Beltran, President, GSA

Fadi Deek, Dean, College of Science and Liberal Arts

Bob English, Chair, Engineering Technology

Bob Lynch, Chair, Humanities

Greg Mass, Executive Director, Career Development Services

David Mendonca, Assistant Professor, Information Systems

Michael Mielczarek, President, Student Senate

Maria Oquendo, EOP Assistant Director for Counseling Services Juniors

Shakera Rodgers, Administrative Assistant, Dean of Students

Marguerite Schneider, Assistant Professor, Management

Darius Sollohub, Assistant Professor, Architecture

Shane Williamson, Assistant Dean for Academics, Honors College

Cindy Wos, Assistant to the Chair for Administration, Chemical Engineering z We will keep you apprised of information as it becomes available.

Thanks,

Bob