16
March
2010
|
09:28 AM
America/New_York
Mohawk balances budget for 2010-2011 (President's memo)
Mohawk President Rob MacIsaac sent the attached memo to all staff announcing a balanced budget for the College's 2010-2011 fiscal year. The budget includes $8.8 million worth of strategic investments. A $5.5 million reduction in salary expense will be addressed through managing vacancies and one-time contract positions as well as through attrition.