Budget Planning Council

M I N U T E S

March 2, 2007

 

Present: William Decatur, Greg Shepherd, Gail Houlette, Phyllis Bernt, Aimee Howlee, Morgan Allen, Wendy Merb-Brown, Rich Carpinelli, John Day, David Thomas, Joe McLaughlin, Morgan Vis, Dominic Barbato, and Darrell Winefordner,

 

Absent: Gary Neiman, Dennis Irwin, and Kathy Krendl

 

Guests: April Henderson, Steve Flaherty

 

Goal: Budget reduction targets for Planning Units

  • Units will do a reduction target exercise; target will be set higher than needed

 

1.  Restatement of Budget Position

(Three percent tuition increase Scenario Summary handout)

a. Preliminary Enrollment

  • Information is still changing and incomplete
  • See line 1—same information shared with the Board of Trustees
  • Line 2 & 3 indicates refinement of $11,000 difference
  • Mike Williford and Kathy Krendl are refining numbers regarding enrollment and retention, etc.
  • Better information is needed for graduate numbers even though they do not pay fees – Darrell has created “assumptions”

 

b. SII Adjustment

  • SII is down by $1.7 M; potential to move up or down by $1.5 M

 

c. Utility/POM (Plant Operations Maintenance)

  • POM figures previously did not include water and sewage resulting in an additional $1M
  • Projections for utilities next year show a decrease in cost (due to using less gas and more steam), with costs remaining relatively flat for the future

 

2.  Establishing targets for Contingency Budget Reallocations ($9.8M target)

a. Review of exemptions

       i. Library Acquisitions

      ii. Fee Waivers

     iii. Graduate Stipends

     iv. Scholarships

      v. Central Pools and Reserves

     vi. Technology Fees

    vii. Debt Service

   viii. Faculty Salaries?

 

  • Faculty compensation cost equal $1.2M each year for five years
  • Undergraduate  recruitment and retention - $1M – delete ‘Marketing’ text
  • Faculty promotions $150,000 in addition to compensation raises
  • Graduate investment - $1M
  • Minimum wage $500,000 which only funds half of the increase
  • Need to evaluate some figures…i.e. undergraduate retention and graduate investments
  • Proposals from Planning Units will be revisited
  • Should IT be pulled and held harmless regarding cuts?
  • Suggestion to  ‘sweeten’ Gateway Scholarship initiative suggestion

 

b. Establishing a target(s)   

      i. Athens General Program

     ii. General Fee

 

  • Faculty pay exempted example is not exempted at the unit level
    • Differential target for academic (2.15%) and support (4.9%) units
  • Summary page – exemptions listed generate $191M of the $312M needed (handout)
  • Summary of reserves; Research and Administer Central Pool (handout)
  • Differential cuts discussion

 

c. Establishing guidelines for Planning Units

 

3.  Cost Saving and Revenue Enhancement Priorities

  • Scenarios are drafts and need refining
  • $9.8M beginning figure will come out of the general fund budget not Student Affairs
  • General fee budget should be treated the same as academic
  • Debt service discussion and exemption status
  • Differential between academic and support

 

2a. Review of Exemptions (part of target worksheet)

Need to examine “non-strategic” initiatives; examine at the college level items such as productivity, quality, programs and centrality; assessment needed regarding fee waivers and graduate stipends

  • Arguments need to be presented from units regarding justifying cuts and discussion  needs to occur across units in keeping with a strategic plan perhaps for 5 years
    • Framework not in place currently for such an endeavor
    • Program elimination strategy needed as well as administrative offerings

 

  • Reason for optimistic $8M middle point target versus $9.8 to $11 M
  • $6M to break even – extra $2M for a strategic pool scenario suggested; no because we do not have the tax amount under RCB
  • Reminder to consider SIS costs

 

Send list of ideas brainstormed at previous meeting to be considered before the next meeting in order to reach a consensus (See Feb 1 minutes for listing)

 

The next meeting is Friday, March 9 from 9:30-12:00 in Baker University Center Room 239

 

Handouts for today’s meeting