Dec. 21, 2009
As we complete our fall semester, I want to update you regarding our efforts to meet the major budget challenges we face to maintain our university system.
We all know that the University of Hawai‘i provides critically needed opportunities for our citizens and contributes in so many ways to the health and well being of the people of Hawai‘i. The university educates Hawai‘i’s citizens and, thereby, generates the foundation of the state’s workforce. UH graduates drive innovation, build our economy and provide needed services and leadership throughout the state. Without the University of Hawai‘i, our state’s future would be drastically diminished.
Unfortunately, the university’s biennium budget was severely and unexpectedly reduced by $154 million because of the state’s budget crisis. The economic crisis came suddenly and the deficit continues to grow every quarter, leaving the state and the university with an unpredictable financial situation. We have attempted to address the challenge with a combination of strategies.