• Tuition and fee rates are frozen at FY 2020 levels.
  
  
• Enrollment for Fall 2020 is lower than in Fall 2019.
  
  
• Auxiliary units have been hit very hard. The University returned over $18 million in room, board, and other fees to students for a portion of the spring semester and waived most fees in the fall. The Fall 2020 losses are estimated at $28 million.
  
  
• In order to reduce density for health and safety, residence halls are operating at 34 percent of normal capacity, decreasing not only housing revenues but also dining services revenues.
  
  
• All external events have been cancelled for the foreseeable future, impacting revenues at the UMBC Event Center and Conference Services, with estimated losses through December of nearly $1 million.

• Identifiying expenses ﹘ such as dining services, travel, and utilities ﹘ that will naturally drop due to the lower volume of people on campus.
  
  
• Scouring non-personnel costs to determine where cuts can be made without affecting the quality of instruction.
  
  
• Deferring or canceling non-critical infrastructure projects.
  
  
• Continually reviewing business processes to ensure utmost efficiency.
  

• Eliminating a portion of budgeted vacant positions, and implementing a hiring freeze to achieve savings from remaining vacant budgeted positions.
  
  
• Implementing a temporary salary reduction (TSR) plan for those staff and faculty earning $100,000 and above. The reductions will be spread across the remaining available pay periods of the fiscal year and range from 1.5 percent at the lower end of that salary range up to 15 percent for the President. This TSR will offset the State-funds shortfall by almost 6 percent and the total funds shortfall by approximately 2.5 percent. For more detailed information on the TSR plan, please visit the Human Resources website.

Schedule Adjustments

Thanks to all who attended CS3's virtual coffee hour yesterday.  It was a wonderful opportunity for new colleagues to make connections across departments, especially since we're not able to meet casually on campus!  CS3 would like to extend a warm, UMBC welcome to the new faculty members who joined us: 

Mark your calendars for our next coffee hour on October 14th at 10am when we will meet and greet additional new faculty from the social sciences.

• The Halal Shack
• Starbucks
• Commons Retriever Market
• True Grit's Late Night