I made the new hires anyway. I've got two new full-time employees starting in a couple weeks. The word I got on the decision that was expected in May is that it will likely be announced before the end of June. That left me with an unpleasant choice. I need the new hires to complete the current project. But without additional funding, I can't guarantee them a year of employment. I figured my best option was transparency. So I made the offers, with the stipulation that without further funding, I couldn't assure them a job after early 2012. One declined, opting to wait for more long-term news. The second accepted, as did the alternate for the first.
I'm expanding staff, but crossing my fingers that I'll be able to keep them employed in a year. Of course, my job is as on-the-line as theirs. Meaning, this is a rather stressful time, knowing I've got work to do, commitments to fulfill, and a very real, somewhat looming expiration date.
Three currently outstanding proposals remain, each of which would buy us some more time, and offer opportunities for long-term contributions to the field externally, and growth and development internally.