At the end of June, the Governor signed House Bill 1, which passed during the recently completed legislative special session. The Bill addressed the significant funding shortfalls facing the State’s budget and included significant reductions in UNM’s state funding. Among the many spending reductions incorporated in this legislation was the elimination of the previously approved 4% salary increase for most state employees. While the Legislature did include a 1% increase for a small portion of state employees, they explicitly removed language providing salary increases to employees of higher education institutions. Per this change, UNM will recommend a revised budget to the Regents that does not include funding for annual salary increases for Fiscal Year 2021. Therefore, employees will not receive a July 1 salary increase as was previously approved. Salary increases for bargaining unit employees are subject to the applicable collective bargaining unit agreement.
This recommendation is not made lightly, and as an institution we remain committed to doing all we can to best support our faculty and staff, especially during these times of rapid change and uncertainty. As the Provost outlined in his all-campus message on Thursday, these reductions are compounded by projected declines in student enrollment and tuition revenues as we enter the fall semester and will require a series of difficult decisions. The Budget Leadership Team and UNM administration will continue working together through the summer and into the fall semester to guide these decisions. Thank you, all, for your understanding, and for your dedication and patience as UNM continues to determine the best path forward in light of our current environment.
As always, please do not hesitate to contact us at firstname.lastname@example.org if you have staff-related questions. Questions regarding faculty increases should be directed to the Office of Faculty Affairs and Services or the HSC Academic Affairs Office.