During the week of December 8-12, 2008, nine meetings were held by the President in the various colleges to inform faculty and staff about the budget situation for the 2009-2010 AY. Below are links to documents that list questions and suggestions made both during and after the meetings, along with suggestions e-mailed to members of the Senate.

Questions Arising During the Meetings with the President
Questions Arising Outside of the Meetings with the President

Some pertinent budget information:

• Total University Budget for 2008-09 was ca.$300 million.
• The State of Tennessee provided $117 Million of the total, or about 39%.
• The University has been told the State allocation for 2009-10 will be at least 15% less, or about $17.5 million less.
• This $17.5 million reduction represents a decrease of about 6% in the total budget.
• It is estimated that removal of the 12-hour tuition cap will provide about $11 million in additional revenue.
• The Voluntary Buy-out will save about $5 million (plus benefits) in salary expenses next year.

Online Budget Data: http://bf.memphis.edu/finance/budget/FY09July.pdf