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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Business Officers,<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Please find the attached worksheet onpossible
budget reduction scenarios for FY12. Amanda has asked that this worksheet be shared
with you, as it was distributed to Presidents’ Council this week. See her note
below.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'> Paliotta, Amanda
<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, April 08, 2011 3:16
PM<br>
<b><span style='font-weight:bold'>To:</span></b> Mauck, Sheri<br>
<b><span style='font-weight:bold'>Subject:</span></b> Budget Reduction
Scenarios.xls</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Sheri - Please forward the attached sheet to the Business
Officers. The attachment shows the impact of appropriation budget cuts at
3%, 5%, 7% and 10%.</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>This spreadsheet was provided to the Presidents at the
Council of Presidents meeting on April 7,2011. We do not anticipate cuts
as high as 10%, however, current budget discussions at the Capitol range
between 5% and 7%.</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <o:p></o:p></span></font></p>
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