Budget Review and Update What Does It Mean for Academic
Affairs?
Slide 2
Structural Deficit State We have a structural deficit because
our planned base spending exceeds our planned base revenue.
TuitionRevenue Carryover Spending EnrollmentShortfall
TuitionRevenue Authorized Budget $4.5M
Slide 3
Enrollment Task Force Increase frosh and transfer students
Increase frosh and transfer students Increase students of color
Increase students of color Improve 4-year graduation rate Improve
4-year graduation rate Increase retention Increase retention rates
rates Report available on Chancellors website
Slide 4
Slide 5
Across-the-Board 19%
Slide 6
Your will shall decide your destiny. - Charlotte Bront, Jane
Eyre
Our Destination Structural deficit resolved Structural deficit
resolved Budgetary buffer established Budgetary buffer established
Inclusive value system in place Inclusive value system in place
Curriculum aligned with changing student needs Curriculum aligned
with changing student needs Competitive salaries established
Competitive salaries established Blah Blah Blah
Slide 10
Across-the-Board $3.2M 19% 29%
Slide 11
Academic Affairs Budget Expenses Figures are approximate but
reflective of actual values. 4.4%
Slide 12
Our Problem to Solve How to deliver a rigorous, more attractive
student experience with reduced resources and higher
accountability.
Slide 13
Slide 14
A Spectrum of Value Systems
Slide 15
Food for Thought
Slide 16
25 FTE Reinvested 17 FTE Reinvested
Slide 17
Food for Thought Reallocate 102 Expenses to Non-102 Reallocate
102 Expenses to Non-102 Lean Process Improvement Lean Process
Improvement Leverage Existing Technological Capacity Leverage
Existing Technological Capacity
Slide 18
Our Destination Structural deficit resolved Structural deficit
resolved Budgetary buffer established Budgetary buffer established
Inclusive value system in place Inclusive value system in place
Curriculum aligned with changing student needs Curriculum aligned
with changing student needs Competitive salaries established
Competitive salaries established
Slide 19
Our Problem to Solve How to deliver a rigorous, more attractive
student experience with reduced resources and higher
accountability.
Slide 20
Immediate Next Steps At the Division Level (within two weeks)
At the Division Level (within two weeks) Refine university-wide
principles for budget decisions Refine university-wide principles
for budget decisions Design process/timeline for final decision-
making Design process/timeline for final decision- making Establish
dashboard indicators for reporting progress toward our destination
Establish dashboard indicators for reporting progress toward our
destination
Slide 21
Immediate Next Steps At the Dean/Associate Vice Chancellor At
the Dean/Associate Vice Chancellor Level (within a week) Level
(within a week) Establish strategic shares for colleges and units
(FY 16/FY 17) Establish strategic shares for colleges and units (FY
16/FY 17) Identify appropriate data sources Identify appropriate
data sources