Budget Reductions: Phase 1

PHASE 1 STATUS UPDATE (SEPTEMBER 2017)

To date, we have Achieved $1.5 million in budget savings and reductions as reflected in the updated Phase 1 list, which now includes a status update column. 

PHASE 1 PLANNING

A preliminary list of ideas were evaluated to create a Phase 1 list of reductions and savings ideas for implementation. This implementation includes the development of new revenue opportunities and funding sources, budget savings, the reduction and/or cessation of services and the thoughtful elimination of positions as vacancies are created. Portions of this implementation are already in progress. While most of the Phase 1 reductions and savings will be realized by 2017-18, some savings will not be realized until 2018-19 due to anticipated process changes that must occur prior to implementation.

PHASE 1 CATEGORIES

New Sources of Funding Identify new revenue sources to support operations Move existing expenses to alternate funding sources Budget Savings Identify cost savings in exiting operations Service Changes, Operational Redesigns, and Budget Reductions Eliminate, reduce, or redesign services Redesign existing operations to achieve savings Internal Reallocations Reallocate savings to offset deficits or bolster high priority items

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 SUPPORTING DOCUMENTS 

 January 2017 letter to the URPC: Status report on fiscal planning for -5% budget reduction for FY 2017-18 

February 2017:  Phase 1 Implementation Summary

March 2017:  Phase 1 Implementation Summary (revised 03/27/17)