Frequently Asked Questions - FY2018 University Budget

  1. Was Willamette University’s 2018 budget approved by the Board of Trustees?
  2. Does this budget reflect the reductions and reorganizations completed across campus this year?
  3. How many incoming College of Liberal Arts students is this budget based on?
  4. Are any layoffs expected based on this budget?
  5. Is the university still in a hiring slowdown?
  6. If I have questions about my unit’s budget, where should I direct them?
  7. Where can I view budget documents?

1. Was Willamette University’s 2018 budget approved by the Board of Trustees?

Yes. The Board approved the budget during their May meeting.


2. Does this budget reflect the reductions and reorganizations completed across campus this year?

Yes. The budget includes planned reductions received across all units on campus this year to address the university’s structural deficit for fiscal year 2018. Additional budget reductions will need to be identified in the future to build the 2019 budget.


3. How many incoming College of Liberal Arts students is this budget based on?

The adopted budget is based on 438 incoming CLA students, which was determined by both our own data analysis and that of our financial aid consultant. While the original budget was based on 475 students, one time cuts and cost savings - along with a slightly lower anticipated discount rate - enabled the university to achieve its budget objectives based on 438 students. Based on current enrollment deposit levels by first year students and transfers, the size of the incoming class could be larger.


4. Are any layoffs expected based on this budget?

Aside from a very small number of layoffs that have already occurred, no additional layoffs are expected in fiscal year 2018. The budget does include job vacancies unfilled on a temporary or permanent basis.


5. Is the university still in a hiring slowdown?

Hiring should only occur for positions that are included in the 2018 budget and have been approved by area deans and vice presidents. Hiring for any new positions needs to be reviewed by Sr. Vice Presidents Carol Long and Monica Rimai. Routine hiring of student employees can continue, but should not be expanded without review. This requirement extends to reclassifications and salary adjustments. Because the university is still working to address its structural deficit, all units should carefully evaluate whether or not a vacancy must be filled or new positions created.


6. If I have questions about my unit’s budget, where should I direct them?

Each unit on campus was responsible for identifying its own budget reductions. Questions on specific budgets should be directed to the unit’s dean, vice president or University Fiscal Officer.


7. Where can I view budget documents?

Budget documents are available on the Financial Operations website and can be accessed with a Willamette username/password.