Last week Governor Mike Parson announced that he was withholding another $4.3 million from our FY2020 state operating appropriation. This is in addition to the $7.6 million withhold he announced in April.
We expect Gov. Parson to announce his first FY2021 withholds on July 1.
The FY2020 withholds impact the amount of reserves we will have available to manage revenue shortfalls in the coming fiscal year (which begins on July 1). However, the FY2021 withholds will have a direct impact on the extent of cost saving measures — including personnel decisions — that we have to implement this summer and fall.
We remain engaged with our elected officials to advocate that state spending cuts be spread throughout state government and not disproportionately impact higher education.
New Events Policy
Last week we implemented an Events Policy. Under this policy, all campus events will continue to be canceled through June.
Beginning in July, events will be approved centrally by submitting a request through the university’s EMS Online Reservation System. Events will not be approved unless they meet the specific limitations set out in the policy, including submission of a risk assessment matrix to the office of event and meeting services.
Distributing CARES Act funds
As you know, the university received $7.4 million in funds under the federal Coronavirus Aid, Relief and Economic Security (CARES) Act to distribute to students. On May 1, the university distributed $250 payments to 6,536 students with an expected family contribution of $12,000 or less. At the end of May, the university distributed $1,000 to 3,912 students who met particular qualifications and applied for funds.
Last week we approved a plan to distribute the remaining $1.9 million:
- In Springfield, the funds will be distributed to Title IV eligible students residing on campus in spring 2020.
- In West Plains, the funds will be distributed to Title IV eligible students who received funds under the first two distributions.
These distributions will be made later this month.
Next town hall July 9
We continue to address the questions raised during and after our last town hall meeting. The Events Policy referenced above answers several questions we received. Our work groups on furloughs and on mask requirements for the fall continue to meet. We will have policies on those subjects to report in the coming weeks.
Our next Virtual Town Hall meeting will be 10 a.m. — noon July 9. Details about the meeting will be posted to the town hall webpage as they become available. We will focus on budget decisions at that meeting.
We have expanded our Zoom license to allow up to 3,000 people to participate in the July 9 town hall meeting. The meeting will address issues most relevant to university employees, so we are asking that only faculty and staff attend the meeting.
Thanks for all you do for Missouri State!
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