Report to the University Senate

Budget and Planning Committee

February 28, 2005

Submitted by: Dr. Jerry Fly

1. We agreed to support President Leland’s priority ranking of items in the New Funding Request.  Items were placed into one of three categories: priority one, enhancement funding, and priority two.  The priority one funding request was $271, 739, the enhancement funding request was $50,000, and the priority two funding request was $1,534,885.  The New Funding Request Total was $1,856,624.  There are reasons to believe that we might receive via formula funding of enrollment enough new funds to get most of the priority one items.  We are not optimistic about the funding for the priority two items.

2. We agreed to support President Leland’s three-year plan to reach salary equity at the minimum level for staff, and after that is achieved, to reach salary equity at the midpoint for faculty.  Funds for attaining the salary equity will come from merit funds allocated to unfilled positions.

3. We agreed to send a motion to the University Senate asking for a modification in the indirect cost and overhead expense rate for grants.  The motion should reach the Senate during the March meeting.

4. We agreed to support President Leland’s suggested monetary guidelines for the naming of facilities and outdoor areas.  Guidelines for the naming of facilities and outdoor areas are necessary to comply with Board of Regent’s Policy 912.

5. We agreed to support President Leland’s revised budgeting process.  The revised process will allow the Budget and Planning Committee to participate in the budget hearings with the President, Vice Presidents, Deans, and Directors of Major Divisions.