SU [Campus Governance: TITLE]

The year began with a review of budget projections for the year. Links to the following documents are available at: http://www.salisbury.edu/campusgov/fiscaladvisory/Minutes/Oct012004Notes.htm

FY 2004 Total Revenue and Expenditures

FY 2005 Total Revenue and Expenditures

FY 2005 Changes in Revenue and Expenditures

FY 2005 Full-Time UG In-State Tuition Comparison

Future Budget Considerations

It was agreed that the committee wanted to be informed/enlightened in advance of various happenings/activities before an emergency crisis in order to react appropriately instead of at the last minute. Thus, having various campus segments present information about their areas might help tremendously when faced with making last minute recommendations to the President's Executive Council. During the year, the committee met with Greig Mitchell, Alan Selser and Betty Crockett in order to stay abreast of financial situations. The committee also met with Jane Dane concerning enrollment, tuition, and scholarship issues (see notes of November, 2004 at http://www.salisbury.edu/campusgov/fiscaladvisory/Minutes/Nov05204Notes.htm) and Rosemary Thomas and Kim Nechay from the University Foundation (see http://www.salisbury.edu/campusgov/fiscaladvisory/Minutes/Dec0304Notes.htm) to better understand where “advancement” stands. Recommendations following the meetings were made hoping to encourage more funding for scholarships as well as alternative methods to increase donations to the Salisbury University Foundation.

During the spring semester, presentations included the FY 06 Capitol Budget (available at: http://www.maryland.gov/mdgovcontent/newsalerts/CapitalBudget.pdf), BOR Policy Change on Contingent Employment (Management of Contingent II Status Employment of Nonexempt and Exempt Staff Employees) Cost Implications/Implementation Plan (see http://www.salisbury.edu/campusgov/fiscaladvisory/Documents/ContingentConversioPlan2005.htm and FY 05-06 operating budget projections, along with possible scenarios for the end of the FY 05 budget.

The Board of Regents conducted a retreat. The President presented a detailed description of how Salisbury University could grow in enrollments if given a 5% increase. A detailed Executive Summary was developed by Administration and Finance and shared with the committee.

During the May 13 meeting, an end of the year surplus was projected. A number of items relating to People Soft, computer replacements, physical plant emergency repairs, and general operating expenditures have already been taken care of, however, there is a balance still available. The Executive Staff developed a “wish list” of how the remaining funds could be used which was shared with the committee on May 25, 2005, along with the Preliminary FY 2006 State Support Estimates. Although the committee met on May 31, 2005 following receipt of the documents the committee did not approve or reject the proposals.

During the summer, Greig Mitchell, Dr. David Buchanan and Jo Laird (FAC chair) will meet to discuss the development of methods to allow the committee to better meet its charge by identifying funding priorities earlier in the year, whether there is a surplus or not.

Comments and questions about this page can be directed to jwlaird@salisbury.edu