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Tue February 18, 2014
Eastern Michigan University Shares Budget, Strategic Plan Update With Campus
Eastern Michigan University officials hope to avoid using reserves to balance the budget this school year despite student credit hours dipping slightly. E-M-U officials gave the campus community an update on the budget and strategic plan Tuesday.
President Susan Martin says everyone on campus needs to work towards being as efficient as possible, while also being innovative. Martin notes many universities are struggling to meet credit hour targets, and an unexpected jump in December graduations is really impacting Winter credit hours. Applications for the fall however are strong with solid test scores as well.
Martin says with the core of the strategic plan in place they are looking for help from the campus community to fill in the details as part of the budgeting process. She hopes to follow this pattern annually to help keep on track and better align the budget with the strategic plan.
EMU hopes to increase annual capital investments to maintain over 120 campus facilities. The university would receive an additional four-point-six million dollars next year from the state in metrics based funding under Governor Rick Snyder's budget proposal.
— Andrew Cluley is the Ann Arbor beat reporter, and anchor for 89.1 WEMU News. Contact him at 734.487.3363 or email him firstname.lastname@example.org.