2006 Minnesota Statutes

135A.19 FINANCIAL EMERGENCY.
The Board of Trustees of the Minnesota State Colleges and Universities and the Board of
Regents of the University of Minnesota may immediately lay off employees, without notice, if the
respective board has declared a financial emergency. All other contractual provisions relating to
layoffs continue to apply. A financial emergency may be declared if, at any time: (1) the projected
revenue for the system from tuition and the general fund for the current or next fiscal year is less
than 93 percent of the anticipated expenditures in the board approved budget, and (2) if tuition
would need to be increased more than three times the annual inflation rate to solve the shortfall.
For employees of the Minnesota State Colleges and Universities covered under a collective
bargaining agreement, this section applies to all collective bargaining agreements effective
after July 1, 1995, and shall be effective for each collective bargaining agreement covering
those employees the day after it has been ratified by the Legislative Commission on Employee
Relations. For represented employees of the University of Minnesota, this section applies the day
following signing of the next agreement. For employees not covered by a collective bargaining
agreement, this section is effective July 1, 1995. The Board of Trustees of the Minnesota State
Colleges and Universities and the Board of Regents of the University of Minnesota shall balance
layoffs of faculty, other employees, and administrators. The boards should strive to provide
uninterrupted service and instruction to students.
History: 1995 c 212 art 2 s 5