Chair Lee on $21.5M savings plan reductions

And FY27 executive budget includes a one-time reduction of $21.5 million for a revenue re-estimate.

Was this part of the exercise that you went through as part of the chief savings officer exercise?

Was that?

And how was the amount determined, if that was the case?

For reduction questions, we go to Ken.

Okay.

I get all the good news.

The

The $21 million in savings relates to the savings program that we were asked to identify.

And it's the way that CUNY is...

Savings is structured.

All of those things take place in 27.

Is there, I'm sorry, was there more to your question?

Oh, just how it was determined, how the reductions were determined and how, like what you used, if you could give us categories of where those reductions are.

We are working through the details on how this will play out, but the

additional state resources that we expect to receive.

This reduction was very purposely designed so that we would not impact the campuses.

Okay.

I mean, yes, that is the main goal that we definitely wanted to push on the council side was that no cuts or services just to make sure.

And I know some of them probably came from vacancies, but...

Were there any proposals that you submitted to OMB for the savings plan that were rejected or not accepted?

No.

Okay.