150 likes | 288 Views
FY’13 Budget – Faculty/Staff Budget Forum. April 11, 2012. Overview. Tuition and Fee Recommendations Sticker Price versus Student Debt Burden SSI Historical Perspective Budget Development Balancing Budget - Critical Investments. FY 2013 Tuition and Fee Recommendations.
E N D
FY’13 Budget – Faculty/Staff Budget Forum April 11, 2012
Overview • Tuition and Fee Recommendations • Sticker Price versus Student Debt Burden • SSI Historical Perspective • Budget Development • Balancing Budget - Critical Investments
FY 2013 Tuition and Fee Recommendations * Regional rates have been collapsed into one rate table for all campuses
FY 2013 BudgetSSI Projection SSI 4-year Statewide Growth: 1.0% SSI OHIO Growth: Athens Campus: 4.0% HCOM: 3.0% Regional Campuses: -0.7% Athens Campus Enrollment growth – eLearning Programs Weighting shift – Degrees vs. Course Completions
FY 2013 Budget Development • No anticipated budget cuts or layoffs, FY09 was the last fiscal year with no budget cuts. • Cost Increases – Utilities, healthcare and other unavoidable expenses. • Reviewing of additional investments to further Ohio University.
Balancing the Budget Without a tuition increase there can be no raises or investments and colleges and administrative units will have to cut their budgets again Even with a tuition increase there will need to be difficult choices among potential investments
Investing in Academic Excellence • Student advising • Information technology supporting students, faculty, and staff • Classroom technology • Instructional capacity to meet student demand • Student financial aid • Vital student recruitment and retention activities • Career and Leadership Development • Compensation for faculty and staff