The University of Memphis

1. The Universityof Memphis President Shirley Raines General Faculty Meeting August 21, 2003

2. Looking Back on FY03: A Year of Celebrations We celebrated our 90th Anniversary: a Lifetime of Learning.

3. A Year of Celebrations We unveiled a new academic seal and a new motto: to Dream, to Think, to Do!

4. A Year of Celebrations We hosted the quarterly meeting of the Tennessee Board of Regents at which the sons of Kemmons Wilson, Sr. accepted the Regents Award for Excellence in Philanthropy, recognizing the Wilson School of Hospitality and Resort Management.

5. A Year of Celebrations We dedicated the V. Lane Rawlins Clock Tower and the University Services Court.

6. A Year of Celebrations Governor Bredesen honored the University of Memphis by speaking at our annual faculty convocation.

7. A Year of Celebrations • Faculty promoted and tenured • Major grants and funded research • New faculty joining our ranks

8. Celebrations Faculty Turnover dropped to 6.9% in 2002 • 2003 Counts: Full-time E&G faculty positions 850 • Adjunct faculty ~ 465 • Turnover percentage for 03 will be available in October

9. New Beginnings The University’s Administrative Leadership Team welcomed three important additions this spring: Dr. Douglas E. Hurley V.P. for Information Technology Dr. Rosie P. Bingham V.P. for Student Affairs Dr. Robert P. Bartlett V.P. for Advancement

10. Familiar Faces Continuing to provide outstanding leadership: Mr. Charles Lee V.P. for Business & Finance Mr. R. C. Johnson Athletic Director Dr. Ralph J. Faudree, Jr. Provost

11. New Beginnings The move to Wilder Tower is complete and student services are now located in a single facility: • Student registration • Financial aid • Placement • Advising • Testing • Career Services Dedication on August 25 following our first Freshman Convocation

12. New Beginnings: FedEx Institute of Technology • Technologically enhanced learning opportunities • Grand Opening Nov. 2003 • State, City, County, & corporate funding

13. New Beginnings:Millington Center • Extended programs and research activities • Phase 1 in design for classroom relocation from Navy Base • U of M Foundation Loan provided initial renovation

14. New Beginnings:Prescott Acquisition • New space for renovation and use

15. Challenges for 03-04 • Tuition increase of 14% insufficient to offset 9% reduction in base budget state funding. • Lottery benefits to students and to colleges/universities still uncertain. • TBR mandate: no salary increases this year when people are losing jobs. • Continued attention to cost-saving measures to meet the needs of students, faculty, and staff.

16. University Status & Trends

17. Headcount & FTE Fall UoM has maintained a stable enrollment of around 20,000 for more than 20 years Source: U of M Institutional Research

18. Degrees Earned 3,000+ degrees each year equates to ~ 20% of the FTE graduating on an annual basis. Source: U of M Institutional Research

19. Doctoral Degrees Other = DBA & DMA Source: U of M Institutional Research

20. Sponsored Project AwardsResearch Grants & Contracts FY03: $36 million; a one-year gain of $7 million (24%) Source: UoM Research Support

21. Private Gifts Alumni, Parents, Faculty & Staff Corporations & Foundationsincludes gifts to athletics and the UoM Foundation, and in-kind gifts Millington site Wilson gift FY03 Gifts to Athletics: $6.8M or 35% of $19.4M total. Source: UoM Division of Marketing & Advancement

22. Endowment & Trust Funds FY01 & 02 reflect market value decline. Source: UoM Accounting Office

23. Annual Fees – FY04with 14% increase for Fall

24. Appropriation & Tuition as a percentage of E&G revenue Fees continue to fill the gap & are now at 49% of the E&G Budget

25. University Budget FY2004 Original Budget $293.2 million Adjusted for 14% fee increase in millions

26. Revenues – All SourcesOriginal Budget base Total Revenues $293M

27. Base Budget by Object Original FY04 Operating includes scholarships, utilities, maintenance, supplies, technology, & communications

28. Base Budget by Division Original FY04

29. Revenue Changes FY2004

30. University Subsidy of Athletics Budget vs. Actual • Athletics is meeting its goal of self sufficiency. • Challenges: • Gender equity • Conference and venue uncertainties

31. Priorities for Planning Investing in People Building Productive Partnerships Increasing Interdisciplinary Work

32. Operational Goal #1People • Enroll and retain highly regarded and motivated students • Honors Program • Recruiting high achievers • Financial support • Recruit and retain outstanding faculty and staff • Enhanced academic reputation • Faculty awards

33. Operational Goal #2Programs • Expand research & interdisciplinary programs in areas of existing strength. • Defining and communicating departmental focus areas • Seize new opportunities for effective intellectual, economic, cultural, and social contributions. • New resources for research funding • Interdisciplinary partnerships

34. Ensure a diverse faculty, staff, and student body. Create a safe, physically pleasing, and culturally rich learning environment Better business practices Campus safety Operational Goal #3Environment

35. Operational Goal #4Technology • Maximize learning, leadership, and innovation through the effective use of information technology. • Ensure increased fluency among students, faculty, and staff.

36. Operational Goal #5Community and Alumni • Increase community and alumni involvement in the life of the University through • An outstanding intercollegiate athletics program • Programs in Performing Arts • New opportunities for participation, service, & engagement in the academic life of the university.