State community colleges cut personnel

The two-year institutions in the Connecticut State Colleges and Universities system were instructed this summer to cut their deficit spending for the 2020 fiscal year from an estimated $19.6 million to $8 million. The reductions presented at a Board of Regents meeting recently totaled $9.4 million.

They’ll spend about $8.7 million from reserve funds this year, after some proposed cuts were rejected to limit impact on students, officials said. Additional revenue and benefits savings also helped closed the gap.

“While this number is slightly higher than the $8 million cap set by the Board, it is reasonable to expect that additional attrition or other savings opportunities will develop over the remainder of the year,” CSCU staff wrote in a summary of the cuts to the board’s Finance and Infrastructure Committee.

The cuts were called for in the $1.28 billion budget approved by the Board of Regents in June.

Read more: https://www.middletownpress.com/news/article/Your-Money-Your-State-State-community-colleges-14476796.php