He told The Herald-Dispatch editorial board that a new centralized budgeting model would allow for better fiscal management, simplified fees for students and the creation of a faculty and staff compensation pool.
Failure to act, he said, could eventually lead to an operating deficit.
During the overnight hours of April 15-16, nearly all the funds in the departmental accounts were swept into a central holding account so the administration and chief financial officer could analyze revenues and expenses. Kopp informed employees through an email, which he now says he won't try to defend.
"In retrospect, it was not the right approach and I regret that," he said. "People were insulted with the technique. ... It was culturally insensitive to our university community."
Kopp said the money is still accessible to the departments.
"We just want to know what you are spending it on," he said.
But Mulder calls it "an enormous kind of change, which really deserves transparent discussion and communication among all parties."
"It may turn out that it is best for the university to do exactly what they are talking about, but I don't think so," she said. "They haven't told us how it will be better."