Savings Expected To Near $5 Million
BY KATHLEEN MEGAN, The Hartford Courant
State officials have promised for months that the higher education merger would save millions of dollars, but it wasn’t clear until now exactly when and how those savings would be made.
This week the state Board of Regents for Higher Education released a list of 24 positions that will be eliminated in the state university and community college systems, mostly high-paying administrative jobs with an average salary of $141,000.
“I think it will be close to $5 million, if not a little over” in savings, said Michael Meotti, executive vice president of the new Board of Regents for Higher Education.
A listing of the jobs, including assistant vice chancellors and human resource and finance administrators, says the total saved will be $4.734 million.
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