Radford University creates two budgeting groups in response to COVID-19
The groups will be in the areas of academics and services, and begin meeting July 6, 2020.
RADFORD, Va. (WDBJ) - As the coronavirus continues to cause many communities around the globe to adjust, Radford University has announced it will create two Strategic Budgeting Advisory Groups to ease the path moving forward.
At this point the university says it is not making any cuts yet, but rather focusing on these two groups to figure out a strategic approach to budget decisions moving forward.
WDBJ7 got a chance to sit down exclusively with the president to see what this means for the future of Radford.
“We know we’re going to have to make tough decisions once we learn more about the potential impact on the overall state budget,” said University President Dr. Brian Hemphill.
President Hemphill said while they wait for those figures, two committees will start looking at data in academics and services.
“We’ll look at every single program and every service and figure out what would be some things that we want to look at differently as we re-imagine the university,” Hemphill said.
While schools in other hometowns have announced across-the-board cuts, Radford wants to make sure if cuts are needed, they’re made in the right places.
“This is ensuring that we have a university here for many years to come that’s going to be stronger on the other side of this pandemic,” Hemphill said.
In the last week and a half, Hemphill said he has met with about a thousand faculty members to start developing that strategy, but he says there’s still a lot of work to be done.
“I’m optimistic because I know that we’re going to develop a plan and we’re going to execute,” he said. “Radford’s going to be strong because of the great work of our shared governance leaders.”
According to a statement from Hemphill, the groups will be in the areas of academics and services, and begin meeting July 6, 2020.
“This strategic approach includes establishing data-driven criteria and examining productivity trends for all areas. This most recent demonstration represents what is fundamental to the operations and vital to the success of this great University,” said Hemphill.
The groups are set to be co-chaired by Chief of Staff, and Vice President for University Relations Ashley Schumaker, and Vice President for Finance and Administration, and Chief Financial Officer Chad A. Reed.
“I will provide a charge, share potential reduction amounts, and respond to questions from group members. The groups will also receive an initial set of data, discuss reoccurring meeting dates and times, and establish a timeline in order to complete their review and formulate their recommendations by Monday, August 3, 2020,” Hemphill added Monday.
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