Faculty Finance Committee Minutes
February 11, 2006
Attendance
Ron Akers, Jane Brockmann, W.S. Brown, Elizabeth Dale, Alan Dorsey, Mary Ann Eaverly, Susan Hegeman, Alyssa Lunin, Paul Robinson, Ken Wald
Minutes
- The meeting began at 2 pm, with Dean Glover and Kimberly Browne in attendance at the request of the committee.
- The Dean was asked to review the details of the cuts he proposed in fulfillment of the budget cutting exercise. He explained that $884K were saved from the cancellation of searches and some other hiring-related sources and $275K were returned from units’ unused OPS. After that, he proposed continuing the $300K cut in operating expenses already in place this year as a response to the College debt and giving back $500K in enrollment management. Were he to do this, a little more than $1 million in additional cuts to be located. The Dean was asked if canceling 08-09 searches would make a difference. The reply was no, in that the cuts must be effective in the beginning of the 2008 fiscal year. The Dean was asked about any constraints in determining cuts. He suggested that cuts to SCHs or to graduate student enrollment could both be considered as possibilities. He also warned the committee to take into consideration differences between large and small departments in regard to the degree of flexibility they had in managing their budgets. The Dean was asked about the possibility of using indirect cost returns to fund start-ups for new faculty. The Dean replied that to a great extent he was already using IDC money for this purpose. He confirmed that the committee should help him locate “principles” by which cuts could be determined. The Dean left.
- The February 4 minutes were approved.
- Discussion began of the second draft of the committee’s report in the light of Dean Glover’s comments and information. Adjunct appointments and non-departmental units were discussed. It was determined that in the next meeting the committee would address the Dean’s proposed cuts of OE and enrollment management, and continue discussion of allocating remaining cuts to units.The meeting adjourned at 3:40 pm.
Respectfully submitted,
Susan Hegeman
Recording Secretary
