MEMORANDUM

To: NJIT Faculty, Staff and Students

From: Robert A. Altenkirch

Date: Tuesday, May 9, 2006

Subject: Budget Task Force information

The Budget Task Force announced on April 9 (http://www.njit.edu/publicinfo/bulletins/budget_task_force040906.php) has met a number times to review the precautionary measures taken to manage the remaining portion of this year’s (FY06) budget, in order to limit commitments against the FY07 budget, and to develop potential budgetary options as recommendations to the University Senior Staff that will impact the FY07 budget from both the revenue and expenditure sides of the ledger.  The information distributed to the Task Force and discussed at Task Force meetings is available on Highlander Pipeline, for which you need a UCID and password, under FY07 Budget Information. Please feel free to offer suggestions for discussion to members of the Task Force.

Thanks,

Bob