PriCom to alter budget to offset aid
The University will slow the rate of employee salary increases, postpone construction projects and carefully evaluate spending proposals such as one to upgrade equipment in Stephens Fitness Center in light of the volatile economic circumstances, Provost Christopher Eisgruber ?83 explained Monday night at the annual public meeting of the Priorities Committee (PriCom).Construction projects that are ?nearly complete,? such as the new Butler College and the new chemistry building, will not be postponed, Eisgruber said in an interview after the meeting.When asked about delaying the development of the Arts and Transit Neighborhood, a part of the University?s 10-year Campus Plan, Eisgruber said that the University ?ha[s] to look right now at every project.? The neighborhood, which will transform the southwestern corner of campus, was estimated in 2006 to carry a price tag of more than $300 million.The University is aiming to finalize its decision on which projects will be postponed by the end of the term, Eisgruber added.Eisgruber is the chair of PriCom, a standing committee of the Council of the Princeton University Community (CPUC) that makes budget recommendations to the University president, who in turn offers a final budget to the Board of Trustees for approval.




