Faculty Finance Committee Minutes
March 21, 2007
10:00 – 12:15
Attendance
Alan Dorsey, Chair; Elizabeth Dale, Vice Chair; Paul Robinson, David Daegling, Ken Wald, Mary Ann Eaverly; Judy Page; H. Jane Brockmann; Joe Glover, Interim Dean; Margaret Fields, Asst. Dean; Kimberly Browne, Budget Director, Chris Eklund, Student Representative
Minutes
Minutes for the last meeting were deferred until the next meeting.
- Group One (income for the university and allocation of funds): Income/Expense reports by colleges and budget units from 1995 through 2005 have been received. An initial review of the reports indicate some parts of the university have had deficits ranging from 1% - 2%. Some colleges had modest surpluses at the end of some fiscal years which stayed in the college as restricted funds. The group noted that the average income for colleges in 2005 averaged 167% of the 1995 income; CLAS averaged 158%. The expenses for the same time comparison averaged 165%; CLAS averaged 165%. Although conclusions cannot be drawn until the data has been thoroughly studied, at least initially there appears to be a discrepancy between expense growth and income growth for CLAS. The group will also track income shifts by faculty and student numbers as they continue to explore the data. The group has struggled to obtain this information; previously the group was limited to annual reports for major budget units and expense reports from various units. The new data set provides additional context as the committee moves forward to present findings and conclusions. The units with the highest budget allocations were IFAS, F&A, and CLAS.
- Group Three (create a series of plans): The group provided information concerning SCH per faculty by division based on AAU Peer Benchmark Comparisons 1999, 2002, and 2005; teaching by tenure-track and non tenure-track faculty for Fall 2006 based on student headcount from section enrollments; full-time faculty in CLAS 1998 – 2006; faculty growth by division, and; SCH growth by division. The reports signify the impact on the university of decreasing faculty size.
- Other reports: An updated Budget Summary projection for the college was distributed. See attachment.
Alan Dorsey has met with the Chairs & Directors, Science Chairs and Social Science Chairs. He has begun to collate ideas presented by these groups and will finalize a short summary after he meets with the Humanities chairs.
