March 24, 2014

Skorton: Financial Payments to City Will Not Increase

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President David Skorton said that while he is willing to continue to have conversations with the City of Ithaca over the University’s contributions to Ithaca, he said he is not willing to increase Cornell’s direct monetary allocations to the city.

“The reason I’m not going to move money from our bottom line to the City’s bottom line is that I’m not willing to further reduce our workforce, which is what it would take if we went back into deficit again,” Skorton said during a meeting with the press Monday.

Currently, Skorton said the University makes three large contributions to the neighboring community, which include the contribution of having a research university in the community, the jobs the University provides and the direct voluntary contributions.