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...current $20 million deficit for this fiscal year is significantly less than the $130 million that Smith had projected in April...
Faculty of Arts and Sciences Dean Michael D. Smith announced that the University’s largest school has closed half of its two-year $220 million budgetary gap at an open forum yesterday...
Armed with the message that FAS has reached a milestone in its grueling process of downsizing, Smith sought to turn around a prevailing pessimism among faculty and staff...
...addition to the $75 million worth of reductions already identified in the spring, Smith announced yesterday that FAS has achieved an additional $36 million in saving though a combination of cutbacks and increase revenue, creating what Smith referred to as a “cushion” that effectively buys the school more time to develop a comprehensive plan for the budget...
...Michael D. Smith is the Dean of the Faculty of Arts and Sciences...