Provost hints at possible staff, course reduction during budget cuts - Divya Kumar, USF Oracle

Though the university was able to mitigate the impact felt on campus of the deep budget cuts dealt to USF and the State University System since 2007, USF Provost Ralph Wilcox hinted at a more somber future in his annual Fall Faculty assembly — a future which could possibly include staff reductions, General Education and elective course reductions and the diversification of revenue streams as the university attempts to restore its cash reserves over the next three years. Wilcox addressed faculty following the weeks in which letters sent from USF President Judy Genshaft to the USF community stating the university would be taking measures to tighten its budget to protect its financial bond ratings and a university administrator resigned, calling the way the cuts were to be implemented “draconian.” Though Wilcox said USF was the only research institution to preserve all tenure and tenure-track positions during the cuts, he said, “today, we’re in the midst of a paradigm shift.” http://www.usforacle.com/provost-hints-at-possible-staff-course-reduction-during-budget-cuts-1.2831491