Balancing the budget, achieving financial health and the installation of Flock cameras were among the topics Kent State University President Todd Diacon discussed while taking questions during the final Talking With Todd session for the spring semester.
"Our challenges are not bigger than the other challenges at the other Ohio public university by any measure," Diacon said in addressing the university's finances. "When I say we have a balanced budget, I mean we don't spend more than we bring in in revenue. We don't balance the budget with savings or reserves."
To close an $18 million gap on a roughly $700 million budget for Fiscal Year 2027, the university will need to reduce staffing by up to 45 occupied positions in the coming weeks, Diacon shared. Most of those employees should receive 90 days of continued pay as part of the staff reduction.
Watch Talking With Todd.