(Today) is Election Day, with sweeping changes in the offing for the Michigan House, Senate and Governor’s Office. Once they are sworn in, our newest group of state political leaders will face a great challenge in the form of crafting next year’s budget. As I have noted earlier, the budget for the current fiscal year was balanced only through the use of federal stimulus funds and one-time accounting moves. These tools will not be available for next year when lawmakers deal with a general fund structural deficit of approximately $1.4 billion and as they work to make good on their campaign promises of eliminating the Michigan Business Tax and Surcharge. These items represent $1.5 billion in state tax revenue.Check back for more items from the desk of the president here on the Ferris State University Blog.
As we approach this next legislative session I want to share with you data on the economic health of our state and projections for its future. At the same time I want to update you on the economic health of our University as we prepare for the challenges ahead. We have scheduled two budget forums, for Tuesday, Nov. 9, at 1 p.m. in the Rankin Center’s Centennial Room, and Nov. 10, at Noon, in the West Campus Community Center. I hope you will be able to attend one of these sessions and look forward to visiting with you. We will not be providing food at these meetings, so please feel welcome to bring your lunch with you. If you are unable to attend, I will be posting materials from the forums online. Links to materials from last year’s forums are available at http://www.ferris.edu/htmls/administration/president/budget.htm.
Tuesday, November 2, 2010
From The Presidents's Desk: Election Day Will Have An Impact
Here is a note from President Dave Eisler (pictured in the mugshot) to the Ferris State University community discussing Ferris enrollment numbers for the Fall 2010 semester: