![Page 1: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/1.jpg)
March 24, 2003
University Town Hall Budget Meeting
![Page 2: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/2.jpg)
Enrollment history FY1999-2004 Full-year equivalent
13659
12671
13175
14181
14325
11962
10500
11000
11500
12000
12500
13000
13500
14000
14500
15000
FY99 FY00 FY01 FY02 FY03 FY04
![Page 3: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/3.jpg)
MnSCU State Appropriation and Tuition Revenue per Student FYE
$7424 $7520 $7193 $7062$7310$7145
$7358 $7017
$7358
$6118$6381
$6831$6906$6963
0
1000
2000
3000
4000
5000
6000
7000
8000
FY99 FY00 FY01 FY02 FY03 FY04 FY05
Actual Dollars
Constant Dollars
![Page 4: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/4.jpg)
Percentage of Budget from State Appropriation & Tuition
47%
52%56%
57%58%61%
39%42% 43%
44%48%
53%
0%
10%
20%
30%
40%
50%
60%
70%
FY99 FY00 FY01 FY02 FY03 FY04
State AppropriationTuition
![Page 5: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/5.jpg)
Solving the FY'04 deficit with only tuition Raise every student's tuition by $687 (20%)
$3,461.00
$519.00
$168.00
$3,000.00
$3,200.00
$3,400.00
$3,600.00
$3,800.00
$4,000.00
$4,200.00
1
MN resident annual tuition
Additional 5% tuitionincrease15% tuition increase
FY03 tuition
![Page 6: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/6.jpg)
Solving the FY'04 deficit w/only employee cuts 145 employees @ $67,147 (salary & fringe)
1089
145
Remaining workforce1,089 positions or 88%
Employee layoffs 145 positions or 12%
![Page 7: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/7.jpg)
Min. FY’04 Deficit ScenarioAssumptions $5.575 million Allocation
Reduction
10% Tuition Increase
0% Salary Increase
0% Health Ins. Increase
3% Non-Personnel Inflation
Reduction ($1,759,049)
State Grant Funds $1,500,000
Revised Reduction ($259,049)
![Page 8: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/8.jpg)
Max. FY’04 Deficit ScenarioAssumptions $5.575 million Allocation
Reduction
0% Tuition Increase
5% Salary Increase
15% Health Ins. Increase
3% Non-Personnel Inflation
Reduction ($11,481,360)
State Grant Funds $0
Revised Reduction ($11,481,360)
![Page 9: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/9.jpg)
FY’04 Planning ScenarioAssumptions $5.575 million Allocation
Reduction
15% Tuition Increase
5% Salary Increase
15% Health Ins. Increase
3% Non-Personnel Inflation
Reduction ($4,035,175)
State Grant Funds $1,500,000
Revised Reduction ($2,535,175)
![Page 10: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/10.jpg)
Solving FY’03$100,000 Reduced Repair & Betterment
$240,000 Reduced Moving expenses
$20,000 Canceled Inter. Visiting Professor$305,000 Estimated Salary Increases (saved)
$200,000 Canceled Scholarly Activity
$60,000 Held vacancies open for 6 weeks
$325,000 Miscellaneous salary savings
$1,000,000 Reduction to Reserve
$2,253,162 Total Reductions
![Page 11: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/11.jpg)
Dealing with FY’04• Variety of approaches selected, including
– Reductions in re-assigned time– Some courses increased in size– Some new and/or additional auditorium classes
• 30 of 70 faculty lines released to deans to assign according to criteria developed with input from Faculty Senate
• Capped admission
![Page 12: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/12.jpg)
Dealing with FY’04
• Several Deans, Associate Deans, Associate and Assistant Vice Presidents teaching classes
• Administrative positions unfilled – Director of Admissions– Researcher – International Student Advisor– Director of Alumni Relations
![Page 13: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/13.jpg)
FY’04 Potential Reductions• Altering Campus Schedule
– Closed during breaks and holidays– 4-day work week in summer
• Differential tuition• Evaluation of student & academic support centers• Examine tuition for international students• Evaluate administrative organization• Administrative support transfer• Savings in publications• Evaluation of repair and replacement
![Page 14: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/14.jpg)
Suggestions from Web site
• Adjust hours of operation
• Programming changes
• Staffing/Vacation donation
• Facilities and grounds
• Energy Conservation
• Auxiliary Services
• Revenue generation and tuition
![Page 15: March 24, 2003 University Town Hall Budget Meeting](https://reader035.vdocuments.us/reader035/viewer/2022062519/5697bfea1a28abf838cb7253/html5/thumbnails/15.jpg)
March 24, 2003
Questions or Comments?