First off, our new building project is going great! We’ve found enough financing that our new building will be state-of-the-art. The 400 million in loans are fully subscribed at a very good rate. You’ll love the staff offices when you see them in the new building! They have a spectacular view of the city, especially above the 8th floor. The students will love the recreational amenities and I’m sure you will too. Yes, the classrooms are a bit small, but we’re sure you’ll adjust! And we even have an office for the adjuncts.
Next, a reminder. Just because you have a certain amount of money in your department’s budget doesn’t mean you have to spend it. Find ways to economize. Turn nickels into dollars! Consider not printing everything you’re used to printing for classwork. For example, make the student share assignment sheets. They love group work! Remember, pinching pennies helps us watch the dollars!