University of Louisville tightens restriction on hiring amid rev - WDRB 41 Louisville News

University of Louisville tightens restriction on hiring amid revenue concerns

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LOUISVILLE, Ky. (WDRB) --  The University of Louisville won’t fill any open faculty and staff positions through at least Oct. 1 as next year’s enrollment looks to be lower than first projected.

Interim Provost Dale Billingsley explained the policy in a university-wide email Wednesday, saying there would be few exceptions.

Interim President Greg Postel has previously said the university would have a “hiring frost” whereby most – but not all – open jobs would not be filled.

U of L spokesman John Karman confirmed Wednesday that the “frost” had become a full “freeze.”

U of L is the only university in the state that has committed to holding tuition flat in the fall after a decade of increases.

Postel, who became interim president earlier this year, has said he discovered the university had a $48 million gap in its $1.2 billion budget for the fiscal year that starts July 1.

Billingsley’s email is below:

Current enrollment projections suggest that the University of Louisville will experience a $6 million drop in revenue in 2017-18. To protect a positive cash balance for the remainder of 2017 and to balance the projected 2018 budget, the university is implementing an immediate, temporary general-funds hiring freeze for faculty and staff positions. This affects all general-fund positions that are currently vacant and those that will be vacated between now and Oct. 1. Exceptions will be made only in documented emergencies and with explicit review and consent by me in consultation with the budget advisory committee. The freeze will not apply to student workers.

On Oct. 1, the Budget Office and I will analyze the university’s progress toward its budget goals and determine if the freeze will continue to a later date.

Thank you for your hard work and for your patience as we continue to build a budget that will stabilize our current financial issues and position us for success in the future.

Dale Billingsley

Executive Vice President and University Provost

Reach reporter Chris Otts at 502-585-0822, cotts@wdrb.com, on Twitter or on Facebook. Copyright 2017 WDRB News. All rights reserved.

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