{"671003":{"#nid":"671003","#data":{"type":"news","title":"Georgia Tech Prepares for Potential Federal Government Shutdown","body":[{"value":"\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003EThe United States government is approaching the extended deadline of Nov. 17 to reach an agreement on federal spending for the current fiscal year, which began Oct. 1. If an agreement is not reached by the deadline, it will result in a government shutdown, which will affect many programs, including the federal contracting work performed by Georgia Tech.\u0026nbsp;\u003Cspan\u003E\u003Cspan\u003ECurrently, Georgia Tech receives approximately $85 million per month of federal funding for its research activities.\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u201cWhile most Institute operations would not be immediately affected, a prolonged federal shutdown would require measures to \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003Cspan\u003Epreserve cash and maintain campus operations\u003Cspan\u003E\u003Cspan\u003E,\u201d \u003C\/span\u003E\u003C\/span\u003E\u003Cspan\u003Esaid Jim Fortner, vice president for Finance and Planning and interim chief financial officer. \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003E\u003Cspan\u003ELeadership continues to monitor the situation and is ready to implement strategies to help ensure business continuity in the event of \u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003Cspan\u003Ea federal government shutdown. \u003Cspan\u003ECurrent mitigation strategies include monitoring cash balances, accelerating federal invoicing, and assessing the need to defer major purchases and non-essential travel. \u003C\/span\u003EMore information will be provided as it becomes available.\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/p\u003E\r\n","summary":"","format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EThe Institute continues to monitor the situation in the event a federal shutdown occurs after the extended Nov. 17 deadline. As a result of Georgia Tech\u2019s proactive financial planning, most Institute operations would not be immediately affected. The longer a shutdown lasts, the greater the likelihood that operational changes would be necessary.\u003C\/p\u003E\r\n","format":"limited_html"}],"field_summary_sentence":[{"value":"The Institute continues to monitor the situation in the event a federal shutdown occurs after the extended Nov. 17 deadline."}],"uid":"27164","created_gmt":"2023-11-10 16:23:05","changed_gmt":"2023-11-13 12:08:53","author":"Rachael Pocklington","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2023-11-10T00:00:00-05:00","iso_date":"2023-11-10T00:00:00-05:00","tz":"America\/New_York"},"extras":[],"hg_media":{"672356":{"id":"672356","type":"image","title":"Capital Building in the Fall.png","body":null,"created":"1699652726","gmt_created":"2023-11-10 21:45:26","changed":"1699652726","gmt_changed":"2023-11-10 21:45:26","alt":"Fall leaves at the Federal Capital Building","file":{"fid":"255582","name":"Capital Bldg Fall.png","image_path":"\/sites\/default\/files\/2023\/11\/10\/Capital%20Bldg%20Fall.png","image_full_path":"http:\/\/tlwarc.hg.gatech.edu\/\/sites\/default\/files\/2023\/11\/10\/Capital%20Bldg%20Fall.png","mime":"image\/png","size":7150780,"path_740":"http:\/\/tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2023\/11\/10\/Capital%20Bldg%20Fall.png?itok=Lm1464IF"}}},"media_ids":["672356"],"groups":[{"id":"64319","name":"Administration and Finance"},{"id":"220261","name":"Finance and Planning"},{"id":"1214","name":"News Room"}],"categories":[],"keywords":[{"id":"193253","name":"federal government shutdown"}],"core_research_areas":[],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003ERachael Pocklington\u003Cbr \/\u003E\r\nInstitute Communications\u003C\/p\u003E\r\n","format":"limited_html"}],"email":["rpocklington@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}