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FAC members warn CSU budget plan leans on one‑time reserves despite large deficits

2623670 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Faculty Advisory Committee members said Connecticut State Colleges and Universities (CSCU) presented a small legislative funding request and plans to rely heavily on internal reserves and spending reductions to cover forecast deficits for fiscal years 2026–27, raising concerns about long‑term sustainability and staffing declines.

Members of the Faculty Advisory Committee (FAC) reviewed the Connecticut State Colleges and Universities system’s presentation to the Higher Education Financial Sustainability Advisory Board and flagged concerns that current budget choices trade short‑term stability for long‑term risk.

The FAC said the system office requested roughly $23 million for fiscal 2026 and $21.6 million for fiscal 2027 while reporting projected deficits of about $151.3 million in fiscal 2026 and $156.7 million in fiscal 2027. The system plans to cover much of the gap by drawing down approximately $95 million from CT State reserves each year and…

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