9247 (HT 7/8) t v CIC H PALEY ares POST, ® aLeANY NY teee4 meer Wartere Ie etehn e Pee BIT EL me) 1=000279C024066 01/24/80 ICS IPMABYA ALB NYBA RERELLER Tipp, 01074 MGM ALBANY NY 250 1=23 GO2ZA EST Ke* ‘ts (Jane: eis aes —— - ee oF rye ent DR JOSHUA LEDERBERG OFFICE OF THe PRESIDENT ROCKEFELLER UNIVERSITY 66 ST AT YORK AVE NEW YORK NY 40021 THIS IS TO ADVISE GOVERNOR'S EXECUTIVE BUDGET PROPOSES A CUT OF ONE&eHALF IN BUNDY AID INCREASE ENACTED LAST YEAR, IF YOU HAVE PENDING DECISIONS WITH REGARD TO COMING YEARIS FACULTY AND STAFF COMPENSATIONs TUITION AND OTHER CRITICAL INSTITUTIONAL BUDGET ITEMS, YOU MAY WISH TO POSTPONE ACTION AND ADVISE THOSE DIRECTLY CONCERNED THE FISCAL COMMITMENT MADE BY THE STATE TO YOUR INSTITUTION HAS BEEN PLACED IN JEOPARDY BY THE GOVERNOR!S PROPOSED BUDGET, UNTIL FINAL ACTION ON BUDGET IS TAKEN BY THE LEGISLATURE+ WE WILL NOT KNOW THE EXTENT OF THE STATE'S DOLLAR COMMITMENT, THIS IS THE MOST SEVERE CUT PROPOSED IN THE ENTIRE EXECUTIVE BUDGET. IT, OF COURSE, AFFECTS THE CURRENT ACADEMIC YEAR'S BUDGET OPERATIONS FOR THE INDEPENDENT SECTOR SINCE MANY OF OUR INSTITUTIONS MADE TUITION AND OTHER BUDGET DECISIONS BaSED UPON THE COMMITMENT GIVEN TO US BY THE STATE, THE CHAIRPERSON OF OUR BOARD OF TRUSTEES, PRESIDENT DOROTHY ANN - KELLY OF THE COLLEGE OF NEW ROCHELLE, HAS PLACED THIS ITEM ON THE AGENDA OF OUR BOARD OF TRUSTEES MEETING THIS FRIDAY IN NEW YORK CITY. CICU WILL, OF COURSE, MAKE EVERY EFFORT TO OBTAIN RESTORATION OF THIS FISCAL COMMITMENT, SIGNED» HENRY D PALEY COMMISSION ON INDEPENDENT COLLEGES AND UNIVERSITIES 37 ELK ST ALBANY NY 12224 Oer22 EST MGMCOMP MGM SALwWE PTL _ TA REDM Av AMAL GRAM SEF REVERSE SINE FOR Wrerrnat seman ———