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Responding to the Financial Environment
 

Carol ChristMESSAGE FROM THE PRESIDENT

We have reached an important milestone in our financial planning, as Smith responds to the economic challenges facing every sector of our economy. Our task, as a community, has been to reconcile our high aspirations with the financial realities we face and to develop a sequence of cost-saving strategies that will assure Smith’s strength, resilience and bright future.

Advising me on the development of our plan was the Committee on Mission and Priorities (CMP) and the Advisory Committee on Resource Allocation (ACRA), both of which are comprised of faculty, staff and students and chaired by me. As we considered the tough decisions about how we use our resources and set priorities, we communicated regularly, through this site, through campus forums, and in other ways, to ensure that we relied on all of our collective intelligence to make the best decisions possible.

Throughout this challenging process, I have been encouraged by how imaginatively and wisely faculty, staff and students have been reflecting on what is integral to the Smith experience and what, in a changing higher education landscape, might be re-examined and re-envisioned. With courage, creativity and common purpose, we will arrive at a renewed and financially sustainable path to educational excellence.

Carol T. Christ, President
May 2009

Letters to the Community

NEW An update on staff reductions

Close-of-semester update: the 2009-10 budget and related matters

A message from the president about Josten Library

A message to staff about voluntary schedule reductions

Proposed Budget Reduction Plan for 2009-10 through 2011-12

The directors of the Five Colleges on library collaboration, April 8, 2009

The president's financial planning update, March 11, 2009

From the directors of the Five Colleges, March 11, 2009

Potential budget reduction strategies for discussion, January 28, 2009

The president's financial planning update, January 5, 2009

A message about Smith and the economy, October 23, 2008

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