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MSSU in financial ‘recovery mode’
New approach
The proposed budget, Speck said, is highlighted by what is not in it. The budget won’t have any deferred maintenance or numbers based on enrollment increases.
“The way we did the budget in the past didn’t reflect the actual things to take care of,” Speck said. “This year, our budgeting staff has given us real numbers. There’s not a lot of leeway.”
The budget assumes that enrollment will stay the same. In previous years, increases in enrollment were predicted.
University departments will held more accountable for staying in budget, Speck said.
“We can’t take the perspective of, ‘If we need it, we have to have it,’” he said. “That’s not going to fly. We all have to stay within budget.”
Many departments have gone over their budget allotments for the current fiscal year, Speck said. Those numbers were not available as of Wednesday, but Speck said part of the reason for the overages was increased gas prices.
Douglas said Speck’s attention to the university’s financial condition is one of the reasons he was hired early this year. During an interview, Speck was given a chance to ask questions of the board. The first thing Speck asked about, Douglas said, was the amount of overspending on the budget.
“He said the budget has a lot of parentheses that have to be dealt with,” Douglas said. “We knew about it, but him bringing it up on his own was important.”
Stadium money
State Sen. Gary Nodler, R-Joplin, said the Legislature is debating a bill that would allocate $2 million toward the construction of a locker room at Fred G. Hughes Stadium that also could be used as a storm shelter.
“There was some criticism of the bill on the House floor, and some good-natured ribbing in the Senate,” Nodler said. “But because of the recent tornadoes, storm shelters are no longer a laughing matter.”
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