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Vol. 70, Issue #2
Thursday, September 21, 2017
THE EQUINOX The student voice of Keene State College
Moving forward KSCEQUINOX.COM
Taking on the deficit
ADAPT
OLIVIA BELANGER
ADMINISTRATIVE EXECUTIVE EDITOR
-Manage budget aggressively -Hold focus -Make critical investments -Enhance revenue where we can
EMMA HAMILTON
NEWS EDITOR KSC Interim President Melinda Treadwell hosted a campus-wide meeting on Friday, Sept. 15 to discuss the current financial status of Keene State College. All departments were acting without a budget until that Friday meeting because Treadwell wanted the KSC budget to meet the University System of New Hampshire (USNH) Board of Trustees approved number first. “My responsibility to this campus, to the chancellor, to the University System is that we would close a 2.4 million dollar budget deficit before we loaded the budgets,” Treadwell said. “I did not want to load a budget and then come back and ask for more cuts, and the target this year is a $2.4 million deficit for Keene State.” With the budgets now fully loaded, Treadwell said the campus is currently sitting on a $2.4 million budget deficit, which occurs when expenditures exceed revenue. Her goal from here forward, Treadwell added, is to eliminate the deficit this academic year. Treadwell introduced three phases the college will undergo to make this happen.
STABILIZE -Organizational structure -Recruitment, yield, retention
Phase One According to Treadwell, phase one is the “adapt” phase. “We’re adapting to this information, we’re taking the hard efforts to manage our budgets more aggressively, to hold focus on the things we have to prioritize and to make some critical investments that will help us be stable and move forward and lastly...what can we do perhaps to enhance some revenue in this fiscal cycle?” Treadwell said.
VITALITY
-Focus on the future -Mission, students & community
» MOVING A2
Index
Top Headlines
Section A: News .....................1-3
Section B: Student Life............1-4
Opinions ................4-5
Time Capsule............5
A&E........................6-8
Sports.....................6-8
Associated Collegiate Press
A5: Keene switches to LED bulbs A8: KSC classes to German churches B1: Students’ thoughts on the budget B8: Stacking up the wins
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Contact Us Newsroom: 358-2413 Executive Editor: 358-2414 Advertising/Business: 358-2401 Questions? Contact obelanger@kscequinox.com or asaurman@kscequinox.com
Administrative Executive Editor: Olivia Belanger | obelanger@kscequinox.com Managing Executive Editor: Alexandria Saurman | asaurman@kscequinox.com
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