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Message from the Chancellor: Aug. 30, 2017

UMSL Budget Update


Dear Colleagues,

The University of Missouri–St. Louis exceeded its financial goals for FY2017 – ending the year June 30 with its first operating fund surplus since FY2012. UMSL had initially projected an operating deficit of $15 million for FY2017 prior to implementing a new sustainable budget plan.

You deserve much credit for this dramatic turnaround. But, as University of Missouri System President Mun Choi said in his budget directive dated July 21 and shared with you last week, we must continue to exercise budget discipline during these times of “significant budget constraints.” Many of the areas mentioned in President Choi’s guidelines are built into the foundation of the sustainable budget plan UMSL developed in FY2016 for implementation beginning in FY2017. Therefore, the directive in a real sense affirmed that UMSL is moving in the right direction.

Going forward, UMSL will continue to streamline redundant processes, curtail unnecessary purchases, consolidate appropriate business functions, determine what academic programs of excellence best serve our diverse student body and make strategic hires of faculty and staff. These types of decisions have been and will continue to be made in consultation with numerous individuals and groups representing students, faculty and staff – most prominently the University Assembly Budget and Planning Committee.

UMSL will again meet its financial goals in FY2018 if each unit stays within its approved budget. Please consult with your unit’s budget manager or any of the signees of this communication for additional clarification. It is important that we stay focused on our educational and financial goals and support UM System initiatives that improve efficiencies and outcomes.

Together, we are committed to a better UMSL for today and tomorrow.


Tom George

Kristin Sobolik
Provost and Vice Chancellor for Student Affairs

Rick Baniak
Vice Chancellor for Finance and Administration - CFO

Martin Leifeld
Vice Chancellor for Advancement