1 / 39

FACULTY MEETING 9/12/02

FACULTY MEETING 9/12/02. President’s Report. President’s Report. College Objectives for AY 2003 Graduate and Undergraduate Admissions/Recruitment ESF 2002-03 Operating Budget. COLLEGE OBJECTIVES FOR AY 2003. Objectives. Achieve $750,000 in expense reductions Energy savings (5%)

gil-gallegos
Download Presentation

FACULTY MEETING 9/12/02

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FACULTY MEETING9/12/02 President’s Report

  2. President’s Report • College Objectives for AY 2003 • Graduate and Undergraduate Admissions/Recruitment • ESF 2002-03 Operating Budget

  3. COLLEGE OBJECTIVES FOR AY 2003

  4. Objectives • Achieve $750,000 in expense reductions • Energy savings (5%) • Accessory instruction (6000 hours) • 20% reduction in OTPS • Minimize backfill on open positions • 15 retirements • Hold academic temporary to $440K

  5. Objectives • Increase other sources of revenue by $750,000 • Increase ICR on Research from 18% to 20% • Utilization of IFR and SUTRA “Reserves” • Federal and State Legislative Support

  6. Objectives • BS Biotechnology approved by Faculty/SUNY Admin/SED • Increase sponsored research expenditures to $11.5M • Expand Entrepreneurship Program • Expand Green Campus Initiative

  7. Objectives • Campus Sustainable Energy Management • Install molten carbonate fuel cell 250 kw • Install photovoltaic system 200 kw • Develop campus energy management plan

  8. Objectives • Acquire $5.0M in State and Federal Incremental R&D Support • Raise $1.5M for contribution to Endowment and Establish First Endowed Chair/Professorship • Implement Student Retention Initiative

  9. Objectives • Secure GEN*NY*SIS Funding for Biotechnology Research Center • Enroll 445 Freshman/Transfer Students in Fall 2003 • Initiate Residence Hall Capital Project • Complete Baker Phase II Construction

  10. Objectives • Complete Ranger School Rehabilitation • Initiate Baker Phase III Design • Initiate E-mail Communication to Alumni (9/11 Living Memorial)

  11. Objectives • Reinforce Partnerships • Upstate Medical University (M.D./Ph.D. program and undergrad) • Le Moyne College (NSF REU proposal) • Onondaga Community College (Biotech workforce development/environmental systems) • Clarkson University (Sustainability/SLECA) • Syracuse University Center of Excellence • SUNY Delhi (Watershed Science) (more)

  12. Objectives • Reinforce Partnerships • Griffiss Technology Center (information assurance) • Source Sentinel LLC (Biosensors) • SUNY Brownfields Center

  13. Objectives • U.S. News & World Report/Princeton Review • Enhance rankings • Increase Visibility • New York Times Coverage • National Public Radio • National TV Network Coverage

  14. Objectives • Accreditation • ABET - PS&E • SAF – Forestry • Have Fun!

  15. Graduate and Undergraduate Admissions/Recruitment Fall 2002

  16. Summary Fall 2002 Enrollment – 9/10/02 • Undergraduate • Freshmen 198 • Transfers 223 • Continuing/Returning 755 • Part Time 131 1307 (more)

  17. Summary Fall 2002 Enrollment – 9/10/02 • Graduate - First year 106 - Continuing/Returning 179 - Part Time 351 636 Total Headcount Actual 1943 Total Headcount Target 1895 + 48

  18. Undergraduate EnrollmentFall 2002 (data as of 8/23/02) Quantity (F-T headcount) GoalsResults • Freshmen 210 198 • Transfer 190 169 • Ranger School 45 54 445 421 Quality • Freshmen (group 1 & 2) 78% 74% • Transfer (transfer GPA) 3.00 3.02 • Ranger School (transfer GPA) 2.80 2.80 (more)

  19. Undergraduate EnrollmentFall 2002 (data as of 8/23/02) Diversity GoalsResults • NYS 90% 88% • Out-of-state 10% 12% • Students of Color 8% 7%

  20. Undergraduate Enrollment Progress Report2002 vs. Historical Application Rates (Inquiry to Applicant) Freshmen +6% 2001 v. 2002; +39% since 1999 Transfers +6% 2001 v. 2002; stabilized since 1999 Acceptance Rates (Applicant to Acceptance) Quantity and quality have increased resulting in a larger, stronger pool of accepted students Yield Rates (Acceptance to Deposit) Freshmen 46% for 2002 50% 3 year average Transfer 58% for 2002 58% 3 year average

  21. Undergraduate Enrollment The Focus for 2003 • Metrics Increase Applications by 100 Increase Freshmen Yield to 50% Acquire 445 Freshmen and Transfer Students

  22. Undergraduate EnrollmentKey Activities for 2003 • Application Rates • Continued increase in quantity & quality of the pool • +100 applications over 2002 • Focus on programs to connect prospects with ESF • Increase yield of Freshmen (46% to 50%) • Increase yield of Transfers (58% to 60%) • Acceptance Rates • Maximize timeliness & personal approach (more)

  23. Undergraduate EnrollmentKey Activities for 2003 • Yield Rates • Making connections is critical to meeting goals • Implement best practices among yield activities • ERFEG • LA • EFB (more)

  24. Undergraduate EnrollmentKey Activities for 2003 • Improvements needed • Several Faculty web sites • Improved communication with accepted students

  25. Graduate EnrollmentFocus for 2003 • Acquire 105 Full Time First Year Graduate Students • Increase Percentage of Domestic Students (Chemistry)

  26. ESF 2002-03 Operating Budget

  27. A Look Back at Fiscal Year 2001-0 2 • Achieved balanced budget due to the following actions: • Suspended four faculty searches and VP search in Oct. 2001 • Postponed decisions about filling behind retirees and other vacancies • Made reductions in discretionary spending (OTPS; visibility; computer infrastructure) • Introduced new Spring 2002 courses to limit the increase in accessory instruction usage

  28. SUNY’s 2002-03 State Budget Deficit • Core instructional budget – relatively unchanged • No tuition increase • No funding for: • Negotiated collective bargaining increases $ 64.3M • Support of enrollment growth $ 18.9M • Support of sponsored research growth $ 5.2M • Inflation $ 14.1M • SUNY-wide unmet need $102.5M (more)

  29. SUNY’s 2002-03 State Budget Deficit SUNY-wide unmet need $102.5M • PLUS • Post-budget expenditure cap (“haircut”) $ 11.0M • Total SUNY gap $113.5M

  30. Impact of State Budget on ESF • ESF’s 2002-03 operating budget is approximately $31,000,000. •  Gap between revenue and anticipated expenses is $1,620,000, assuming • all cuts made in 2001-02 were restored, and • there would be no changes (additions or deletions) in labor costs

  31. Goals of ESF’s Budget-Planning Process • Minimize negative impact on academic programs and services • Use “reserves” as conservatively as possible • Position ESF for additional budget problems in 2003-04

  32. College “Reserves” • “Reserves” primarily available from IFR (Income Fund Reimbursable) accounts • Revenue is generated by specific activities and is generally used to support related purposes. • Example of an IFR account: University Police account - collects parking and traffic fines • Generated $8000 in revenue in 2001-02 • Revenue is used to cover the cost of patrol cars, protective equipment, training, etc. (more)

  33. College “Reserves” • Through prudent use of IFR funds over the last five years, ESF has a total accumulation in all IFR accounts of slightly over $2M. These are our “reserves.”

  34. Campus Actions Taken to Address $1,620,000 Revenue Gap • Reductions in 2002-03 operating expenses: • OTPS and visibility budgets – Maintained 10% across-the-board cut from 2001-02 FY and cut another 10% • Temporary service – 10% cut • Library acquisitions – 10% cut • Computer infrastructure – Maintained 50% cut from 2001-02 FY • Visiting faculty and other temporary academic appointments – Reduced by $150,000 from 2001-02 levels (from $590,000 to $440,000) (more)

  35. Campus Actions Taken to Address $1,620,000 Revenue Gap • Utilities budget – Reduced by 5% from 2001-02 level • 1% M/C salary increases, to have been effective 7/1/02 – Will not distribute • Overtime budget – Reduced by 20% • Estimated salary savings from participation in retirement incentive program - $200,000 (more)

  36. Campus Actions Taken to Address $1,620,000 Revenue Gap • SU accessory instruction contract with SU • Negotiated an amendment to the current contract, reducing the planned 2002-03 rate increase from 3% to 0%. • Plan to hold net usage of accessory instruction to 6000 credit hours • Increased student support services fee, which supports accessory instruction costs • Total impact of campus actions - $865,000

  37. Remaining Shortfall to be Covered from IFR “Reserves” Total shortfall $1,620,000 Total of campus actions $ 865,000 Total to be covered by IFR “reserves” $ 755,000

  38. ESF 2002-03Summary Budget Revenue Base state allocation $23,902.4 Tuition, fees & interest 6,067.0 Student services fee 378.9 Special funding 711.5 (member items, SUNY etc.) Special graduate support 169.5 Use of IFR “reserves” 755.0 $31,984.3 (more)

  39. Expenses Personal service (including temps & grads) $20,655.5 Est. net retirement savings (200.0) Other-than-personal service 2,248.9 (& related expenses) Accessory Instruction 4,822.8 Utilities 2,339.9 Financial Aid – undergrad. 386.2 Grad. tuition waivers 923.7 Visibility initiative 40.0 Specially-funded items 767.3 $31,984.3

More Related