UT officials are increasingly optimistic that some or all University-wide furlough days could be unnecessary.
As part of the 2012 budget development process, it was announced in June that University of Toledo employees would need to take as many as four furlough days in the week after the Christmas holiday and before New Year’s Day. However, furloughs may prove unnecessary as the financial assumptions the 2012 budget was based on start to firm up.
“Throughout these difficult economic times, furloughs always will be a tool we might have to use to save money without permanently eliminating filled positions, but for the moment we believe the need for furloughs is diminishing,” UT President Lloyd Jacobs said.
Jacobs emphasized that while employees University-wide might not see furloughs, there are some employees in collective bargaining units that allow for furloughs in their collective bargain agreements. He recommended employees communicate with their supervisors to more fully understand how the situation will affect them.
Highlighting the development of the Dorr Street Gateway Project and prominent national recognition of UT Medical Center by U.S. News and World Report as the best hospital in the region, Jacobs said there were many positive things happening at the University.
“Hopefully this news on furloughs will provide some measure of relief for members of the UT community as they plan for the holiday season,” Jacobs said. “Thank you all so much for the work you do every day.”