Title: Implications of Potential Government Shutdown on Federal Funding for Georgia Tech Research
The U.S. government is facing a critical deadline to agree on federal spending for the fiscal year, which could impact Georgia Tech’s research activities. The current continuing resolution is set to expire soon, potentially leading to a government shutdown.
Federal Funding for Georgia Tech Research
As the deadline approaches, Georgia Tech is closely monitoring the situation. The Institute receives over $100 million per month in federal funding for research activities, making it crucial to plan for potential disruptions. Jennifer Bentson, associate vice president for Finance and Planning, emphasizes the need to prepare for a possible government shutdown.
Mitigation Strategies in Place
To ensure continuity in the event of a shutdown, Georgia Tech’s leadership is implementing various strategies. These include monitoring cash balances, accelerating federal invoicing, and assessing the need to defer certain expenses. The goal is to preserve cash and maintain campus operations during uncertain times.
Preparing for the Future
In addition to the immediate impact of a potential shutdown, Georgia Tech is also considering the changing guidelines related to federal funding for research. By staying proactive and adaptable, the Institute aims to navigate any challenges that may arise in the future.
Stay Informed
As the situation continues to evolve, Georgia Tech will provide updates on how specific federal agencies are affected. It’s essential to stay informed and be prepared for any changes that may impact research activities at the Institute.
Conclusion
In conclusion, the potential government shutdown poses significant challenges for federal funding for Georgia Tech research. By implementing mitigation strategies and staying proactive, the Institute is prepared to navigate any disruptions that may occur. Stay engaged and informed to ensure the continuity of research activities during uncertain times.