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B oard of Trustees Meeting

Overview of budget proposals for 2006-07, including goals, assumptions, and accomplishments in student enrollment and programs. Discussion on faculty loads, facilities maintenance, and funding for initiatives.

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B oard of Trustees Meeting

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  1. Board of Trustees Meeting Focus Discussion May 6, 2006

  2. Briefing on Budget Proposals from theGovernor, House, and Senate President Les Wong, David Haynes, Gavin Leach and Mike Roy

  3. 2006-07 General Fund Budget • Budget Goals • Reduce faculty teaching loads from current levels • Establish base budget funds for facilities maintenance • Increase base budget funding for capital equipment replacement • Provide adequate funding for Superior Edge initiative

  4. 2006-07 General Fund Budget (continued) • Budget Goals (continued): • Provide start-up funding for Internationalization initiative • Continue to provide financial aid funding based on current funding model • Cover cost of state mandates • Increase compensation base funds to meet contractual commitments and to remain competitive

  5. 2006-07 GF Budget • Budget Assumptions • State appropriation will increase by .3% to 1.8% • Enrollment will continue to grow by about 2% • Base budget reductions • SIP $1,100,000 • RIF $ 700,000 • Operations $ 500,000 • Tuition and Fees contingent on state funding

  6. Summer 2000 Enrollment Retreat: A Six Year Review of Accomplishments William Bernard and Paul Duby

  7. Lower Appropriation per FYES from $6,975 to $5,500 Increase FYES from 6,999 to 8,876 Increase annual Student Credit Hours from 206,881 to 266,760 Accomplished FY 03 (Now $5,238 per FYES) Summer 2000 Retreat Objectives – What have we accomplished? Fiscal Initiatives • Will be accomplished in FY 07 (Now 8,536 prelim) • Will be accomplished in FY 07 (Now 253,428 prelim)

  8. Increase % of out-of-state new freshman enrollment (was 21%) Increase baccalaureate new freshman enrollment from 1,195 Increase 3rd semester retention from 70% Increase enrollment from 8,144 to 10, 330 Accomplished (Now 31%) Summer 2000 Retreat Objectives What have we accomplished? • Second Highest in NMU History (Now 1,372) • Highest 3rd semester retention rate in NMU History (73%) • Projected Fall 2006 enrollment over 9,700 (highest in NMU history)

  9. Recruitment Initiatives • Added regional Admissions Counselor in Minnesota (apps up 20%) • Added presence of full-time admissions staff member in California • Restructured Academic Achievement Award competition • Implemented Wildcat Weekends • Provided student bus trip from Chicago • Added regional application conversion efforts • Evaluated and restructured recruitment regions

  10. Off Campus Academic Initiatives • USOC Coaching Program • RN to BSN Accelerated Program • Masters Degree in Nursing • Loss Prevention Baccalaureate Program

  11. Number of Baccalaureate New Freshmen with a HS GPA of 4.00 And ACT:C of 30+

  12. 1stSemester Academic Performance of Baccalaureate New Freshmen

  13. 1stSemester Clear Academic Standing and 3rd Semester Retention Baccalaureate New Freshmen ?

  14. Applications Freshmen – 4,377 Transfers – 752 Active Admissions Freshmen – 3,302 Transfers – 379 Orientation Counts Freshmen 932 Transfers 187 Applications Freshmen – 4,389 Transfers – 820 Active Admissions Freshmen – 3,282 Transfers – 417 Orientation Counts Freshmen 989 Transfers 159 Where we stand for Fall 2006? 2005 2006

  15. Enrollment Outlook for Fall 2007 • Fall 2007 target is 9,700 which represents a gain of at least 200 students (+2.1%) • Projected Increases will be in: • Total new freshmen up from 1,874 to 1,920 (+2.5%) • New transfers up from 509 to 530 (+4.1%) • Continuing undergraduates up 150 (2.5%) • New and continuing graduate students up 50 (6.2%)

  16. Questions?

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