BUDGET TOWN HALLbudget.gmu.edu/wp-content/uploads/03012016.BudgetTownHall.pdf · Spring Break Camps...
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March 1, 2016 S. David Wu, Provost J.J . Davis, Senior Vice President BUDGET TOWN HALL
Transcript of BUDGET TOWN HALLbudget.gmu.edu/wp-content/uploads/03012016.BudgetTownHall.pdf · Spring Break Camps...
March 1, 2016S. David Wu, Provost
J.J. Davis, Senior Vice President
BUDGET TOWN HALL
VIRGINIA PROPOSED BUDGET UPDATE
STATE OF THE UNIVERSITY
TIME LINE
MASON NEWS
STATE OF VIRGINIA PROPOSED BUDGET
UPDATE
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FY2016RevenueBudget $977.6M
Operating,$128.4
FinancialAid,$18.7
CapitalImprovements,$75.1
MasonBondProceeds,$10.1
Tuition,$335.7
MandatoryStudentsServices&ActivityFees,
$79.2
Room&Board,$67.9
ContractedServices,$27.2
Community&UserServiceFee, $86.1
SponsoredResearch,$102.6
PhilanthropicActivities,$43.0 One-Time Funds,$3.7
VAStateFunding, 23%
Capital
Enrollment RelatedFees, 49%
AllOtherActivities,
28%
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Governor’sProposed Budget Increase inFY2017
~2%
~17%Robinson Hall
Utility InfrastructureMaintenance Reserves
GOVERNOR’S PROPOSED BUDGET
OperationsandStudentSupport:• FINANCIALAID:Undergraduateneedbasedfinancialaid~$3.1M• ENROLLMENTFUNDING:Student accessandcompletion~$2.5M• CYBERSECURITY:Veteranspathwayincybersecurityprogramfunding~$0.4M
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VirginiaDegreeCompletionNetwork• Resources topromoteflexible, onlinedegreecompletion
ResearchInitiativesandOpportunities• MajorityoffundingfromEconomic Development Budget
• Emphasis onCyber-Security andBioscience
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Compensation– Year2
GraduateFinancialAid
Research– EnhancedOperatingDollars
SIX-YEAR PLAN – GAPS IN PROPOSED BUDGET
MASON’S RESPONSE TO PROPOSED BUDGET
1ATTRACTANDRETAINTOPTALENT
2INCREASEGRADUATESTUDENTFINANCIALAID
3MULTIDISCIPLINARYRESEARCH:INSTITUTEFORBIOMEDICALINNOVATION(DIRECT)
4CAPITALAUTHORIZATION– PHILANTHROPICGIFTS
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#1 FOCUS on COMPENSATION
MASONPRIORITIES GOVERNOR’SPROPOSEDBUDGET
HOUSEPROPOSEDBUDGET
SENATEPROPOSEDBUDGET
Increase StudentFinancial Aid
é $3.1Mundergraduateaid
Year2moves funding toSCHEV
é funding forgraduatefinancial aid
AttractandRetainTopTalent
é 2%compensation inYear 2 (FY 2018)
é 3%compensation Year1and2
é 2%Salary IncreaseYear1andmaintains 2%increase Year2
MultidisciplinaryResearch: InstituteforBiomedical Innovation
Provides competitivepool offunds
Block grant Provides competitivepool offunds
Career-ready graduates.Equitable resources tosupport enrollmentgrowth
é $2.5MforAccess andCompletion aswellas$0.4M for CybersecurityVeterans pathway
Redistributes fundingé ~$19.7M.
Adds funding forgeneraloperations é~3.0M
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BlockGrantconcept
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PROPOSED BUDGET – OTHER ITEMS OF NOTE
CapitalConstruction Funding– RobinsonHall
CapitalConstruction Funding– Utility Infrastructure
Financial Autonomy– Pilotprogramforincreasedfinancial flexibilitysimilar toLevel3institutions.
STATE OF THE UNIVERSITY
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TheMason
IDEA
Q.HowwillGeorgeMasonUniversitybestserveourstudents,ourcommunity,andthebroaderglobalsociety?
A.Thestrategicplan,whichisgroundedinourrecentlyadoptedstrategicvision,offersaroadmapforthefuture:university-widegoals,aframeworktohelpusmakechoicesonhowtoachievethosegoals,andmetricstoassessourprogress.
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StrategicPlan DraftedComprehensiveFinancialMetrics
BondRatingStable
DiversityandLeadershipInclusionCouncil Established
Masonelevated toR-1,CarnegieVeryHighResearch
OnlineDiscussions Continue
TIME LINE
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FINANCIAL
LATESPRING /SUMMER2016Implement newbudget model (E&G).Establish targetmargins andmethodologies
RestructureResearch Indirect(F&A)model
Continue work onOnline committee
Establish Tuition &Fees forFY2017
EARLY SPRING2016Continue IncentiveModel workwithColleges and Schools
Collect Feedback
Continue work onOnline committee
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For Your Calendars
MARCH7-13…SPRINGBREAK
9-13…A10Men’sBasketballTournament
17…ScholarshipDinner
31…BOVMeeting
APRIL1…20thVICTIMS’RIGHTS5KRUNWALK12…BOVSpecialSessionTBD…FinalStateBudgetApproved
MAY5…BOVMeeting(FY2015FinancialPlan
Approved)14…SPRINGCOMMENCEMENT
WelcometoMason!WelcomeAboard!DeborahCrawford,Ph.D.
VicePresidentforResearchR.Thulasi Kumar,Ph.D.,AssociateProvost
Institutional Research&AssessmentSandraTarbox,Ph.D.,DirectorofFinancialAid
Student FinancialAid
CurrentSearchesViceProvostforDigitalLearning&InnovationAssociateVicePresidentforEntrepreneurship&Innovation
UniversityBookStoreRenovated1717
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INOVAHealthSystemPartnership
GeorgeMasonUniversityandInova,ahealthsysteminNorthernVirginiathatserves2millionpeopleannually,arecombiningtheirextensiveandcomplementaryresourcestoconductpersonalizedmedicineresearch.Thisworkwillleadtonewpatientcuresandtreatmentsforavarietyofdiseasesandgroundbreakingdiseasepreventionstrategies.
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JointSteeringBoardJointFellowshipProgramJointResearchandInnovationCentersEducationalProgramsSharedFacilities
o MasonBiomedical ResearchLabo Inova-MasonProteomicsCentero Mason-InovaScientific ConnectorFacilityo InovaClinical Research Infrastructure
MASON – INOVA RESEARCH PARTNERSHIP
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ADDRESSING REAL NEEDS
PersonalizedMedicinePublicPolicyandEthicsCancer
HeartDiseaseMetabolicDiseases
NeurologicalDisorders
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MASON NEWS
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FENWICK LIBRARY REOPENS
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ResearchCommons,amixture ofquiet and collaborative studyspaces throughout thelibrary.
GroupStudyRooms,break-out spaces withAV equipment forteamdiscussion and study.
TwoPresentationPracticerooms– recordyourself presentingand receiveimmediate feedback!
Increased library spaceby157,000 square feet.
Number ofstudent seatsincreased from745 toover2,000!
Dedicated GraduateStudyCarrelson5th Floor.
24Hourquiet study space.
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StudentHousingProposal
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Masonneeds upto1,000+beds.
UniversityLifeWorkingCommittee established andplantohaveaproposalreadyforpublicviewthisSpring,2016
PetersonFamilyHealthSciencesHallwebcamhttp://oxblue.com/open/whiting-turner/GMU
JohnsonCenterUpgrades, includingWIFIandBookstoreRenovation
PointofView: InternationalResearchandRetreatCenter
PotomacScience Center
CAPITAL HIGHLIGHTS
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TheWingZone @TheHub
@Arlington
@Fenwick Library
FacultyStaff Lounge@JohnsonCenter
• March18– 20– HarlemGlobetrotters• April– Ringling BrosandBarnum&BaileyCircusXtreme• May7– BillO’Reilly&DennisMiller:WhoWantstobePresident• May15– TheAvett Brothers• July9– Maks &ValLiveonTour
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SpringBreakCampsatMason
• CampDates:March21-25, 2016• RegistrationOpens:January20,2016• Broughttoyouby:
Acting for Young People Theater Camp
PotomacArtsAcademy 4260ChainBridge,Fairfax(less thanamilefromFairfaxcampus)
Grades K-6Questions? ContactMary Lechter [email protected]
Computer Game Design CampMerten Hall,GeorgeMasonUniversityFairfaxCampus
Ages 8-12Questions? [email protected]
Magical CampMerten Hall,GeorgeMasonUniversityFairfaxCampus
Ages 5-9Questions? [email protected]
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http://potomacacademy.gmu.edu/spring-break/
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FINAL THOUGHTS
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“What is success? I think it is amixture of having a flair for thething you are doing; knowing thatit is not enough, that you have gotto have hard work and a certainsense of purpose.”
Margaret Thatcher
