In the Justice today, I read that the the University has allocated an additional $200,000 to the Rose operating budget for this fiscal year. Puzzling, considering the museum’s staff has been downsized (its previous director, Michael Rush, a strong opponent of the University’s decision to sell artwork, was fired) and the museum has its own [...]
In case you missed it, over the summer the Massachussetts legislature passed UPMIFA. UPMIFA is the Universal Prudent Management of Institutional Funds Act, and in practice it frees up Brandeis’ budget. Alex wrote a useful article all about it way back in February, if you want more information. Hooray, I guess. Can we save the [...]
Let the schadenfreude commence.
Though I generally try to avoid posting during the summer , this is rather important. Brandeis has decided, after considering some apparently rather unpleasant options, to suspend payments to its faculty and staff retirement accounts for FY 2010, a move it expects to save $7.4 million in an effort to make up a projected budget [...]
Posted on: May 4th, 2009
Category: Adam, Budget Crisis, Context and Connections, Honesty, The Public Good
“BRANDEIS IS NOT CLOSING THE ROSE AND SELLING ALL THE ARTWORK.” Words and italics from them, bold and caps from yours truly. If you’re going to take anything from the interim report of the Future of the Rose Committee, make it that. We’ve sat and listened as the Rose first was closed, then open for [...]
