CU cuts jobs to trim budget
Last Updated: 16:32 March 28, 2012
BOULDER - In an effort to cut $9.4 million from its budget the University of Colorado at Boulder plans to eliminate about 61 jobs during its fiscal year 2011.
Of the 60.5 full-time equivalent positions, 26 of them are vacant positions that will be eliminated, said Bronson Hilliard, CU's media relations director.
Hilliard said 22.6 faculty positions will be eliminated - 1.5 of which are vacant - and 37.9 classified/exempt positions will be eliminated - 24.5 of which are vacant. Some of the staff cuts will come in the form of retiring employees.
"The loss is still significant," Hilliard said.
As a result of the cuts, the university anticipates larger class sizes and fewer section offerings, in addition to eliminating a language, revamping library services and other similar changes.
"Today's budget environment has required us to make strategic cuts to minimize impacts on the quality of education and access to our nationally prominent educational and research programs," Phillip DiStefano, CU's chancellor, wrote in an e-mail to university students and staff.
The budget cuts come in the wake of an approved 9 percent tuition hike.
"Tuition increases approved by the Board of Regents last week will help, but they cannot make up for the loss of state revenue," DiStefano said in the letter.
Hilliard said the university scrutinized what areas could be trimmed trying to minimize impact on students, staff and the research being conducted.
The roughly 61 job cuts come after CU eliminated 75 positions in fiscal 2010 after having its budget cut by $12.9 million.
The proposed budget cuts for fiscal 2011 will be voted on at the Board of Regents April 22 meeting and would take effect July 1.
More breaking news...
WhiteWave buying Earthbound Farm
Jobs grant will aid flood-impacted counties
Broomfield-based WhiteWave (NYSE: WWAV) said the deal is expected to close in the first
Job growth to continue in state next year
About 230 temporary workers will be hired to clean up and repair areas in