Trustees approve $657.8 million budget
Present President McDavis? employment agreement
Jun 27, 2008
By Monica Chapman
The Ohio University Board of Trustees today approved a $657.8 million balanced budget for the 2009-10 fiscal year and extended a new five-year contract to President Roderick J. McDavis, voting to include a pay increase, his first in two years.
The budget, which includes $2.3 million in support for the Vision Ohio Investments, will provide $1.2 million for enhanced faculty compensation and a 3 percent salary raise pool for faculty and staff. Bolstered by successes in enrollment and retention rates, the budget totals $432.7 million for the Athens campus.
The board also passed a resolution to increase miscellaneous fees, including an online course instructional fee and an aviation fuel surcharge. The total amount for tuition and the general fee for FY2009 will remain unchanged from FY2008.
This decision to increase presidential compensation was based on the recommendation of the board?s executive committee, which found that McDavis? previous salary of $294,665 ranked last among eight institutions identified as peer public universities in Ohio. The salary increase will elevate McDavis? salary to fourth among the peers, which comprise University of Akron, Bowling Green State University, Miami University, University of Toledo, Kent State University, University of Cincinnati and Wright State University.
The new salary will be $380,000. Opportunity to earn incentive compensation will be removed from the new employment agreement, but all other benefits remain largely unchanged. The employment agreement, once finalized, will become effective July 1. First Lady Deborah McDavis will remain on the payroll at $28,144 to continue her independent work for the university.
Chair C. Daniel DeLawder commended McDavis for meeting and exceeding the terms of his former contract, adding that the process has begun for selecting a firm to conduct a comprehensive evaluation of the president in the coming fiscal year. The evaluation, DeLawder said, will include more constituent input than any evaluation in the past.
?I?m excited about the leadership of the president. We have a superb administrative team and superb faculty. We are really, really proud to be trustees of this institution,? DeLawder said.
In the president?s report, McDavis discussed connections between the Vision Ohio Implementation Plan and the University System of Ohio strategic plan. According to McDavis, Ohio?s five year plan incorporates 14 of the 20 USO accountability measures, and progress is being made to align with the remaining six measures. A few of those six, including one that aims for increased state support for higher education, are out of the university?s control.
?Our goal is to be totally aligned? so that we?re moving forward in concert with where the state wants to go,? McDavis said.
McDavis updated the board on the Voluntary System of Accountability, announcing that a comparative analysis will be posted on the USO Web site within 70 days, offering an ?apples to apples? comparison of cost, financial aid, degree programs, retention rates and other measures among Ohio?s public universities.
McDavis called 2007-08 a historic year for Ohio University, due to the record-breaking achievements of students, faculty, staff and administrators. His report highlighted Ohio University?s fourth-place ranking among public universities in the U.S. News and World Report's predicted graduation rate performance indicator. He also acknowledged several generous endowments, including a $91.8 million gift by Fritz J. and Dolores H. Russ to the Russ College of Engineering and Technology.
?I think it?s the best year we?ve had yet,? DeLawder said, adding, ?It also sets a new bar for us.?
McDavis called particular attention to the fact that Ohio University students have secured 74 nationally and internationally competitive awards for the upcoming academic year -- a new record for the university.
?There is not another university in Ohio that even comes close to that number. That speaks volumes about our students,? McDavis said over loud applause from the board.
Executive Vice President and Provost Kathy Krendl elaborated on the awards process via pre-recorded video conference, pointing to the benefits to students and to the university as a whole. Krendl said Ohio University?s pool of applicants has doubled in the past five years, while the number of awards received has tripled, amounting to more than $1.2 million in cash awards, tuition stipends, travel and living expenses.
?They say it takes a village,? Krendl said. ?The village of Ohio University is really supporting those students, and there?s a great and very strong commitment from the faculty to help those students succeed.?
Representatives from the University Resources Committee, Governance Committee, University Academics Committee, Audit Committee and Executive Committee also reported to the board, outlining their respective meetings, which took place Thursday afternoon and Friday morning.
In other business, the board approved:
- Accepting bids and a revised project budget for the renovation of Shively Hall, not to exceed $13.2 million
- Accepting bids and a revised budget for the construction of a university airport snow removal equipment building. The building costs will be covered 95 percent by grant funding
- Major and degree program reviews for law enforcement technology and the department of aviation
- Accepting a resolution creating a master of music degree in brass pedagogy
- Changing the name of the School of Health Sciences, in the College of Health and Human Services, to the School of Public Health Sciences and Professions
- Appointment of members to the regional campus Coordinating Councils: Amy Eyman at Ohio University-Lancaster, Andrew Hutyera at Ohio University-Eastern and Sam Lucas at Ohio University-Chillicothe
- Adoption of the internal audit annual audit plan
- Re-election of McDavis as president; DeLawder and M. Marnette Perry as board chair and vice chair respectively; and Vice President for Finance and Administration Bill Decatur as treasurer of Ohio University
Updated July 2, 2008.
Board of Trustees http://www.ohio.edu/trustees/
Published: Jun 27, 2008 4:43 PM