UL Lafayette Leaders Outline Plan to Close Budget Gap at Campus Town Hall

UL interim president holds town hall to address budget deficit

LAFAYETTE, La. (NEWS 15) — The University of Louisiana at Lafayette is tackling a bigger financial shortfall than originally thought, with a deficit that totaled $50 million. Interim President Ramesh Kolluru addressed faculty and staff in a town hall meeting…

UL Lafayette leaders outline plan to close budget gap at campus town hall

Concerns over the University of Louisiana at Lafayettes budget took center stage during a town hall meeting Thursday at Wharton Hall, where university leaders spoke with faculty, staff and students about ongoing financial challenges and efforts toward recovery.The meeting focused on transparency, fiscal restructuring and the steps administrators are taking to pull the university out of its financial troubles.Im grateful for the transparency from…

UL deficit now estimated at $50 million, $10.5 million to go

In his first town hall since taking over as UL’s interim president, Ramesh Kolluru laid out steps taken to cut what is now described as a $50 million shortfall, reiterating the need for yet more austerity.  Since the original deficit was revealed, the total number has grown with successive town halls over the past few months. The $50 million figure sets the target number higher than previous tallies of the university’s budget hole. Half is the $…