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WHEELING, W.Va. — Wheeling Jesuit University is facing serious financial problems.
Students and staff received an email on Monday from the president’s office, saying that the school was declaring a financial exigency.
The decision was made Friday by the school’s board of trustees.
A financial exigency is an imminent financial crisis that threatens the viability of an agency as a whole, or one or more of its programs.
Under the declaration, the board authorized President Michael Mihalyo to take the necessary steps to eliminate the financial exigency.
The president held a campus meeting with students and staff on Tuesday afternoon to discuss what it all means, and what will be the best path forward over the next few weeks.
Media were not allowed to be at the meeting, or on campus, on Tuesday.
The school did release a statement from Mihalyo saying:
“Higher education is facing a complex set of external challenges, including fewer college-bound students and higher tuition discounting” said President Mihalyo. “WJU is not immune to these challenges. By declaring a financial exigency, the board is allowing the university’s leadership team to take appropriate steps to protect the needs of our students, faculty and staff, and explore how we might bring the mission forward in new ways.”
WHEELING, W.Va. — On Thursday, a council meeting was held to discuss personnel matters in Wheeling. This comes after last week’s announcement that Fire Chief Larry Helms will serve as acting city manager when Robert Herron is on administrative suspension. Herron is on leave as he faces a DUI charge following an accident in a city vehicle.
“When Mr. Herron, in years past, would go on vacation we would make Chief Helms the acting city manager in his absence, so he was a logical choice for us for the time period,” said Mayor Glenn Elliott.
Wheeling Fire Chief Larry Helms will continue to serve as acting city manager indefinitely. At Thursday’s meeting two resolutions were adopted, including one that will give him temporary professional assistance with development projects and capital improvements.
“We want to make sure he has all the tools in place. He has a lot of experience working with the city, but he doesn’t have a lot of experience on some project stuff,” said Elliott.
In order to help the acting city manager, council passed a resolution that will allow them to be assisted by the West Virginia Municipal League’s Travis Blosser and Craig O’Leary with the Regional Economic Development Partnership.
“The goal of both of these consulting agreements is to give the acting city manager all the tools he needs to make these projects move forward and not let any lack of experience or anything get in the way. We think we have a great team in place with these two individuals helping out,” said Elliott.
An additional resolution was passed that will allow the mayor to temporarily seek outside legal counsel for consulting on matters that have to do with the city manager. Elliott says that everything in the city will operate the same way and they will keep moving forward with their projects.
“The goal is to keep things running just as they have, keep the business of the city going forward and let these things work themselves out,” said Elliott.
Elliott says that the services will be free of cost to the city. The only expense will be Travis Blosser’s traveling costs from Charleston.
Source: Wheeling Jesuit University facing a financial exigency | WTOV
