Posted: Sep 2, 2011 11:17 AM by Stephanie Ryan
Updated: Sep 2, 2011 11:17 AM
BATON ROUGE-- A handful of professors signed furlough agreements at Southern University Friday morning, hoping the agreement will keep the university out of financial exigency.
In the agreement, about 20 faculty members volunteered to take up to ten percent unpaid time off over the next two years to save Southern $1.5 million. That is only if the administration also agrees to unpaid time off. If the administration agrees, that would save the University about another million dollars.
The Board of Supervisors meets Friday at 1:00 to vote on a budget. If 90 percent of faculty do not agree to furloughs, the board could declare a financial emergency, which would allow them to make cuts from teacher salaries much easier than normal.
90 percent of the faculty equals about 240 signatures, according to Dr. Thomas Miller of SU's Faculty Senate. At noon, the faculty will meet on campus to collect furlough signatures and rally before the meeting.
Miller believes there is a good chance the faculty will gather the 240 signatures they need.
News 2 will have a crew at the Board of Supervisors meeting, and will bring you all the latest at 4, 5 and 6.