Roadrunners,
As our campus community continues to operate and deliver instruction remotely, we have accomplished much of which to be proud. We will continue to draw strength from our collective resilience in the months ahead.
Now that all summer terms will be delivered online, we must prepare for the economic realities that the pandemic will have an impact on our financial future. We are evaluating various models to plan for potential financial implications and to help guide our decision-making as we navigate through the months ahead. To best position UTSA for a sound financial future, we are taking a proactive approach to managing our current resources. Taking action now will help prepare UTSA to handle any revenue fluctuations in the months to come.
As the university’s Chief Financial Officer, I ask every unit to undertake cost-saving measures to sustain our campus priorities, protect as many jobs as possible and continue to uphold the university’s core educational mission to advance student success and research excellence. These proactive measures will include spending limits, restrictions on expenditures, and more. All expenditures should be limited to those that are critical and essential to maintaining our current level of operations.
The university’s operating reserves have contributed to UTSA’s good financial standing. You have often heard me state that UTSA would count on these balances to continue operations in the case of an emergency. The economic impacts related to the pandemic are still unfolding. To ensure that we are able to maintain our workforce and operations, the institution must secure and access all operating reserves to meet our institutional financial obligations to complete the year in a sound financial position.
Later today, the office of Budget and Financial Planning will provide details of the actions I am asking every unit to take, including the spending limits we are enacting, and the expectations for operating reserves that will enable us as an institution to weather what lies ahead.
As you know, in March the university enacted a hiring suspension for all staff positions. Beginning today, recruitment activities for all new staff and faculty will be paused until further notice, with the exception of the following:
Please refrain from submitting new requests to Human Resources for reclassifications, equity adjustments or stipends. Vacant positions will not be filled, unless the position is funded by external sponsors. Requests for new permanent positions will require approval from your divisional Vice President, with final approval by the Resource Management Team based on the above criteria.
We understand that these adjustments will be challenging. By taking action now, we will position UTSA to move forward as our city, state, and nation recover. The university will continue to monitor fiscal guidelines and practices, and I will provide updates as needed and as information becomes available.
Your ongoing understanding and dedication to UTSA is invaluable. Thank you for all you do.
Sincerely, Veronica Salazar Mendez
UTSA's CORE VALUES |