McRobbie announces $4.9 million in budget reductions

All IU vice presidents, chancellors and deans at all IU campuses are being asked to reduce their operating budgets by at least $4.9 million for the remainder of the fiscal year, according to an IU press release.

IU President Michael McRobbie announced this today after the State Budget Agency said the state operating funds for IU are being reduced by $4.9 million, according to an IU press release. This is a 1 percent reduction of the the state’s operating funds

The state operating funds provide about 19 percent of IU’s $2.6 billion annual budget.
In October, McRobbie ordered a slowdown in administrative hires, and in December he said salaries for about 400 of IU’s senior administrators will be frozen in the upcoming fiscal year to help save more than $2 million.