Mid-Year Base Budget Adjustments
University general fund base budgets are being increased in the salaries and wages category for the 2016-2017 fiscal year. The total amount of the increase is approximately $2 million. University executive areas will retain a portion of this increase in order to allow for strategic realignment of resources in their areas. The remainder will be passed on as base budget increases for the budgets controlled by individual Deans and Directors.
Deans and Directors are asked to make strategic decisions regarding use of the funds. Deans and Directors may use a portion of their total budget increase, as well as other funds at their disposal, to fund base and/or one-time salary increases to recognize those whose performance and achievements exceed expectations. Funds may also be used to support equity issues and to address budget realignment needs within their units. Employees whose performance meets the expectations of their supervisor(s) should expect to receive a salary increase of approximately one and one-half percent of their current salary.
Mid-year salary adjustments will become effective Nov. 20, 2016. Employees receiving an increase in salary should expect to see the increase reflected in their paycheck on Dec. 9, 2016.