But the budget still needs to be cut. “If we can’t furlough, we’ll lay more people off,” he said.
In addition, a 5 percent tuition increase and possibly other student fee increases will be necessary to preserve LSU’s “academic core,” Martin told staff and students during multiple forums throughout the day.
LSU faculty groups have adamantly opposed allowing Martin to impose a proposed policy that would allow for employee furloughs without declaring a financial emergency, or exigency.
Faculty contend a broader furlough policy would give chancellors too much power to force employees to take unpaid leave whenever times are financially tough.
“We’d be better off if we have a furlough system to save jobs if we think this (recession) is short term,” Martin told students during a lunchtime forum.
Declaring financial exigency could lead to both furloughs and massive layoffs, he said, explaining that he does not want to “open that door.”
“I have to believe — because I’m a pathological optimist — that we will grow ourselves out of this,” Martin said during an afternoon faculty forum.
LSU also is looking into the possibility of employee “deferrals of payments,” Martin said, that would set aside a small portion of salaries to be paid at a later time when the economy improves.
Martin said LSU likely will “tax athletics” and use some of the Southeastern Conference’s funds from its new ESPN football contract to cushion the cuts.
Officially, LSU’s flagship Baton Rouge campus is looking at a proposed $35 million cut, or 15 percent of its state appropriations. But Martin contends it is really $50 million when a $10 million cut from January is counted and another $5 million in unfunded mandates from increased insurance and benefits costs are included.
LSU’s total budget – counting tuition revenue and federal funding – is about $450 million.
“A cut that large would be devastating to this institution,” Martin said. Roughly 80 percent of LSU’s budget is dedicated to personnel, Martin said, so people will be impacted.
A poorly rated flagship university is a “curse” on the whole state, he said.
Martin said LSU can either “spread the pain” of cuts or target specific academic units to eliminate. Regardless, he said, the cuts will protect LSU’s academic strengths and not be made “across the board.”
How do you think this faculty furlough will effect the University?
Did you know that the Budget Cuts would cause all of these effects?
Are you finally realizing how bad these cuts are for the University?