OU president recommends pay cuts for university administrators, including himself
NORMAN, Okla. – As many state agencies are facing budget cuts, officials at the University of Oklahoma say they will be taking those cuts in stride.
Last month, Oklahoma officials announced that the state was $900 million short, meaning nearly every state entity would be dealt some sort of cut.
On Monday, University of Oklahoma President David Boren announced that he is recommending a pay cut for top university administrators, including himself.
“At OU, our administrators, faculty, staff, and students are part of one family. Our university leaders want to be part of any shared sacrifice we need to make. It is a tough time for the university, for students and their parents, and for the taxpayers who struggle in the private sector. We want to do our part to help out. While the total saved will not be huge, every little bit helps, and it is important for all of us to be in the same boat together. The affected administrators have asked that the savings be designated for need-based scholarships for students,” Boren said.
Boren has previously announced a $20 million plan to cut OU’s budget, including a voluntary retirement plan, which was expected to save up to $10 million.