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Finance and Administration Budget Briefing 2019

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Page 1: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

F i n a n c e a n d A d m i n i s t r a t i o nB u d g e t B r i e f i n g 2 0 1 9

Page 2: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

F i n a n c e a n d A d m i n i s t ra t i o n

• Budgets and Financial Planning• Business Services• Human Resources• Information Technology• Physical Plant• Public Safety/Campus Police• University Design and Construction• University Facilities

Page 3: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Major Accomplishments

• Student Accounting services created a new process for daily cash balancing that improves the balancing process between Banner and TouchNet, enabling errors to be caught prior to posting to Banner Finance.

• Accounting Services completed the FY 18 Audit with zero findings.

• Auxiliary Services expanded post office operations to begin selling packing and mailing products to add new revenue sources.

• Procurement and Contract Services increased the use of workflow processes related to contract signing and approvals.

Page 4: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Major Accomplishments

• Human Resources implemented full-day adjunct orientation, which helps connect adjunct faculty to the Campus community.

• Physical Plant conducted monthly safety training for approximately 65 physical plant employees.

• Auxiliary Support Services assisted the Military Learning Center to provide additional textbooks to their inventory.

Page 5: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Goals for Next Year

• Enhance campus safety and preparedness through a comprehensive emergency management program (Goal Priority 3.3).

• Auxiliary Support Services will work with Barnes & Noble to deliver a discounted textbook program available to all students.

• Accounting Services and Procurement Services will improve the utilization of the purchasing card and reduce the quantity and frequency of paper checks.

• Accounting Services will begin the process to implement the Index module in Banner Finance to help improve the error rate associated with using a full FOAP.

Page 6: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Goals for Next Year

• Accounting Services will create a guide for discretionary spending and a process for ensuring university expenses and not charged to foundation accounts.

• Human Resources will develop a comprehensive training plan to serve the campus community.

• Physical Plant will increase monitoring over campus usage of electricity, natural gas and water.

• Physical Plant will increase recycling efforts and reduce landfill usage.

Page 7: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Goals for Next Year

• Information Technology will periodically review the University systems for vulnerabilities and address noted weaknesses.

• Information Technology will make efforts to improve cybersecurity protection.

• Accounting Services and Student Accounting Services will reduce net service costs for merchant account usage by passing the credit card transaction fee to the customer.

Page 8: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

One-time Budget Requests

Page 9: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

One-time Budget Requests for 2019 – 2020

Budget RequestsPriority #1

Purchase and implementation of an IT vulnerability scanning tool.

Amount Requested $125,000

Frequency of Request

One-time

University Goal Priority

Goal Priority 3.5

Page 10: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

One-time Budget Requests for 2019 – 2020

Budget RequestsPriority #2

Replacement of University Center furniture

Amount Requested $170,000

Frequency of Request

One – time

University Goal Priority

Goal Priority 3.6

Page 11: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

One-time Budget Requests for 2019 – 2020

Budget RequestsPriority #3

2019 Payroll Source Manuals

Amount Requested $1,000

Frequency of Request

One – time

University Goal Priority

Goal Priority 3.6

Page 12: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Recurring Budget Requests

Page 13: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Recurring Budget Requests for 2019 – 2020

Budget RequestsPriority #1

Salary and benefit adjustments (performance and merit)

Amount Requested $2,176,800

Frequency of Request

Recurring

University Goal Priority

Goal Priority 3.1

Page 14: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Recurring Budget Requests for 2019 – 2020

Budget RequestsPriority #2

Director of Emergency Management

Amount Requested $75,000

Frequency of Request

Recurring

University Goal Priority

Goal Priority 3.3

Page 15: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Recurring Budget Requests for 2019 – 2020

Budget RequestsPriority #3

Compensation Software

Amount Requested $13,000

Frequency of Request

Recurring

University Goal Priority

Goal Priority 2.3

Page 16: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Recurring Budget Requests for 2019 – 2020

Budget RequestsPriority #4

Staff Engineer – Facilities Mechanical Systems

Amount Requested $67,000

Frequency of Request

Recurring

University Goal Priority

Goal Priority 3.6

Page 17: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

Recurring Budget Requests for 2019 – 2020

Budget RequestsPriority #5

Information Technology – Security budget increase

Amount Requested $60,000

Frequency of Request

Recurring

University Goal Priority

Goal Priority 3.5

Page 18: Finance and Administration Budget Briefing 2019€¦ · mailing products to add new revenue sources. ... additional textbooks to their inventory. Goals for Next Year •Enhance campus

F i n a n c e a n d A d m i n i s t r a t i o nP r i o r i t i z e d L i s t s o f R e q u e s t s

Priority Request Amount

1 Performance and Merit Salary Increases $2,176,800

2 Director of Emergency Management $75,000

3 IT Vulnerability Scanning Tool $125,000

4 Compensation Software $13,000

5 Staff Engineer/Project Manager – Facilities Mechanical Systems

$67,000

6 IT Security software/hardware/service $60,000

7 Replacement of UC Furniture $75,000