“The latest budget summaries for Colorado State University-Pueblo suggest that the college has been operating under staggering budget deficits for at least the past six years.
But some faculty members are questioning whether the numbers can be reliable, particularly after CSU-Pueblo President Lesley Di Mare told the faculty senate last week that it’s difficult to track what comes in and what goes out of the Belmont campus.
“I’ve been here two years trying to get a handle on the finances and I’m still not certain exactly what money comes in and exactly what money goes out,” Di Mare said Friday.”
- Jeff Tucker, “Budget software raises questions,” Pueblo Chieftain, December 24, 2013.
“[T]his document reports a decline in tuition revenue from 2012 to 2013, but total revenues remain the same. The actual $5M deficit is due to an increase in expenses. However, note that instruction expenses were almost identical in 2013 and 2012. My big problem is with institutional support, which increased from 2.859 million to 3.293 million from 2012 to 2013. Why is upper level admin going up so much? And how can they ask faculty to be laid off given these increases in admin costs?”
- AAUP budget consultant Howard Bunsis of Eastern Michigan University, in an e-mail to me, December 22, 2013.