“Our goal is not to do damage.”Dolan presented board members with a summary of budget figures based on cutbacks already announced for the 2015 17 and 2017 19 higher education budgets. Although plans were submitted to the Office of Management and Budget in August, Dolan said the final numbers won’t be known until the state Legislature meets.State campus budgets for the remainder of the current biennium were reduced by $48.5 million, including $17 million in operating cost savings, or almost a third of the total savings.Campuses will see another net decrease of $49.5 million, a blow softened by an $11.9 million funding formula increase, resulting in a $564.9 million base budget.The 10 percent reduction for the 2017 19 budget includes $53 million in salaries and benefits across the system. Staff reductions will include not filling 190 vacant full time positions and 125 early retirements or voluntary separations, and 105 layoffs.Rep.
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