(FOX 8)-
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New Orleans, La. - Southern University New Orleans looks to trim more than $2.6 million dollars in costs from its budget through layoffs, unfilled vacancies and retirement.
"The impact we are taking from these cuts has been tremendous", said Chancellor Victor Ukpolo. "Not only in the terms of the 2012-2013 fiscal year but with the additional reductions we were forced to make by the end of the 2011-2012 year as well. I have asked my staff to do whatever it takes so that we are able to provide students with the education resources that they need, but this has also forced us to really examine how we do business and look for greater efficiency."
The largest portion of the savings will come from 17 faculty and staff vacancies that the university says it will not fill. That alone makes up $838,337 for the upcoming fiscal year. SUNO will save another $716,146 by laying off 7 staff members and three other employees retire.
The school also plans to cut back on operational and maintenance costs and has put an energy conservation plan in place.
Chancellor Ukpolo continued, "We will continue to make evaluations going forward to see where we can reduce expenses as well as aggressively pursue ways to increase our revenues. Unfortunately after years of budget cuts, we are now faced with some very difficult decisions. I am confident that SUNO will not only survive this difficult period, but rebound stronger than ever."