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Florida International University G51 BUDGET AND FACULTY FUNDING MODEL April 28, 2006

Florida International University G51 BUDGET AND FACULTY FUNDING MODEL April 28, 2006. AGENDA. FY 06/07 Budget Overview Determining a New Budget Model Understanding the Faculty Funding Model and Implementation. FY 06/07 BUDGET ASSUMPTIONS. Moderate. FTE – Incremental State Funding

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Florida International University G51 BUDGET AND FACULTY FUNDING MODEL April 28, 2006

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  1. Florida International University G51 BUDGET AND FACULTY FUNDING MODEL April 28, 2006

  2. AGENDA • FY 06/07 Budget Overview • Determining a New Budget Model • Understanding the Faculty Funding Model and Implementation

  3. FY 06/07 BUDGET ASSUMPTIONS Moderate FTE – Incremental State Funding FTE - Incremental Tuition Revenue FTE BUDGET DISTRIBUTION BY LEVEL Lower Upper Grad I Grad II Law RESIDENT/NON RESIDENT MIX TUITION INCREASE UNDERGRADUATE GRADUATE STATE FUNDING % 924 698 8673 11573 2814 515 312 93% / 7% 2% 5% 50% $9.8 M

  4. AGENDA • FY 06/07 Budget Overview • Determining a New Budget Model • Understanding the Faculty Funding Model and Implementation

  5. DETERMINING A NEW BUDGET MODEL TWO ELEMENTS OF THE NEW MODEL for allocating funds Faculty and Support Funding Strategic Initiatives Funding • Initiatives aligned with university strategic direction • Presented in new brief format and discussed at Budget Hearings • Focused on faculty only for special cases considered investments • Research faculty/start up • New programs/accreditation • Enrollment growth • Open to all University Units • Serve as the basis for future funding - mid year allocations and LBR Strategic Enrollment Faculty • Use the Delaware Study to benchmark faculty need by discipline • Establish a long term plan for funding faculty at 75% and 50% • Use the Oklahoma Study to identify amount of funding per faculty position adjusted for Miami cost of living index

  6. DETERMINING A NEW BUDGET MODEL PRIORITIZATION MATRIX

  7. DETERMINING A NEW BUDGET MODEL STRATEGIC IMPERATIVES Based on FIU Strategic Framework Enrollment Growth and PhD production Health International Environment Critical & Emerging Technology Derived from BOG Strategic Plan Critical Needs Emerging Technologies Economic Development Educated Workforce

  8. DETERMINING A NEW BUDGET MODEL Enrollment Contribution Methodology • Based on number of FTE’s generated per faculty • Used Delaware benchmark to place each discipline into a level of FTE student to FTE faculty • Moderate and High = between 16:1 to 25:1 and greater than 25:1 • Low = less than 16:1 Cost Effective Calculation • Based on faculty salaries per FTE and net material costs – what are net material • Used Delaware benchmark to place each discipline into a level of cost-effectiveness per student • Cost-effective = less than $7.000 • Higher cost = over $7,000 (two thirds) • Cost is not considered for Low Student/Faculty Ratio

  9. DETERMINING A NEW BUDGET MODEL PRIORITIZATION MATRIX

  10. AGENDA • FY 06/07 Budget Overview • Determining a New Budget Model • Understanding the Faculty Funding Model and Implementation

  11. DELAWARE STUDY PARTICIPANTS National Study of Instructional Costs and Productivity (Delaware Study) Arizona State University Temple University University of Central Florida University of Delaware University of Florida University of Houston University of South Florida Wayne State University

  12. INSTITUTIONAL CLASSIFICATION Classification Definition Research I & II • Award >= 50 doctoral degrees annually • Receive >= $40M in federal support • Award >=10 doctoral degrees in >= 3 disciplines • or • Award >=20 doctoral degrees in >=1 discipline Doctoral I & II • Award >= 20 masters degrees in >= 1 discipline • Receive >= $40M in federal support Comprehensive (Master’s) I & II Baccalaureate (Liberal Arts) I & II • Award baccalaureate degrees in liberal arts field • Award at least a bachelor’s degree in programs limited to technical fields Engineering

  13. FACULTY CLASSIFICATIONS Delaware Study categorizes Faculty into 3 types: • Regular/Other Regular Faculty Recurring contractual relationship. Assume continuing appointment. • Regular: Tenured/Tenure-Eligible (Professor, Associate, Assistant Professors) • Other Regular: Non-Tenure Track (Instructors, Lecturers, Visiting Faculty, etc.) • Supplemental Faculty(Adjuncts) Paid out of “temporary” (OPS) funds. Non-recurring appointment. No expectation of continuing appointment. • Teaching Assistants (Graduate Assistants) Students receiving stipend for teaching.

  14. FIU EXAMPLE: DATA SOURCE TO RATIO BASED ON COURSE CIP CODE CIP: 13.10 Special Education & Teaching Stud FTEs / Fac FTEs Ex. 176.8/13.2 = 13.4

  15. IMPLEMENTATION FACULTY FUNDING MODEL RESULTS= USES BASED ON DEANS’ REQUESTS

  16. IMPLEMENTATION

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