By Molly Korzenowski
Before the school year started, President Jay Barnes affirmed more future cuts and additional financial loss from declining enrollment numbers.
Here are a few updates on the current budget situation:
- Bethel will face a $9 million budget shortage in 2021 and an $11 million deficit in 2022 if action isn’t taken, according to President Jay Barnes.
- A budget cut plan is currently under deliberation by a working group of members of the Executive Leadership Team and the President’s Cabinet.
- Potential faculty changes and staff reductions will be announced spring 2020. Changes will be bigger than originally anticipated, Barnes said.
- Bethel’s budget is dependent mainly on enrollment, which is predicted to have decreased by 60 students this fall, Barnes said.
- Last year, 48.6 percent of tuition dollars were given back to students, the discount increasing steadily.
- The Child Development Center is planned to close.
- Provost Deb Harless read emails from individuals expressing their concerns.
- Increasing enrollment to support the CDC is not possible, as it would create the need for a building upgrade. Funding such a change is not practical at this time, Harless said.
- To save costs, a CDC management position was eliminated previously. A management restructure is not currently possible, according to Harless.