The University of Louisiana at Monroe (ULM) plans to request approval from the University of Louisiana System Board to implement staff furloughs to address a 5–6-million-dollar budget shortfall before the June 30 fiscal year-end. Acting President Nick Bruno, returning after retiring in 2020, emphasized that the financial position of the University is fragile.
“We’re visibly at this time trying to at this time find solutions to that. We’re optimistic that we will find solutions to correcting that problem.”
Bruno says layoffs aren’t currently being considered, though campus restructuring is likely. A hiring freeze began on Monday and recalled all employees working remotely.
“While that doesn’t save anything, we hope that it’s going to improve efficiency, and we will continue to analyze our cash flow each day or each week and to ascertain how we need to disperse that.”
Bruno says the primary goal now is to make sure that their estimates and budget align with the revenue of the university for the 2026 fiscal year, and even if furloughs are implemented, it will not affect students.
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