USG Board of Regents' Recent Action on Employee Furloughs
May 26, 2009
To the Faculty and Staff of Georgia Tech:
At its monthly meeting, the University System of Georgia (USG) Board of Regents approved language that would enable the implementation of a mandatory furlough program. In addition, the Regents requested that each USG institution include this language in all annual appointment letters and contracts for the 2010 fiscal year.
While we do not anticipate the need to implement a mandatory furlough program at this time, this measure is intended to offer all of the USG institutions additional flexibility in managing their budgets in the event of additional reductions. As I am sure you are aware, we have been working to minimize the impact of the budget reductions on the mission of the Institute, and we will continue to pursue avenues that help reduce expenses without sacrificing the quality of our education and research.
I will continue to keep the campus community informed as our institutional decisions and the state’s fiscal outlook evolve over time.
G. P. "Bud" Peterson