We are now mid-way through fiscal year 2005-2006, and at this time we release
our annual budget planning for fiscal year 2006-07. I am pleased to report
that we do not anticipate a need this year for further budget reductions.
Barring unforeseen catastrophic financial events, our budget planning for
2005-06 has provided adequate reserves to meet any minor budget lapses during
2006-07. Thanks to the good planning and excellent cooperation of the campus,
we have been spared a mid-biennium budget correction.
As we begin
to discuss the 2007-2009 biennial budget, we will keep you informed. Should
the system generate DINs for the 2007-09 budget request, we will request your
input. Past budget memos and planning documents are available for you to view
at:
http://www.uwosh.edu/admin_serv/budgets.htm
Tom