Minutes and Members

Council Charge – Budget Planning Assumptions

Additional revenue will come from either reallocation or over-realized designated tuition as a result of enrollment growth.
If authorized, any increases in tuition and fees will be limited to a combined total of 3.95 percent.
Assume a projected growth rate of 3 percent.
Budget an additional $516,000 to cover increased group insurance benefits and an additional $500,000 for deferred maintenance.
Budget an additional $400,000 in permanent funding for adjunct faculty.
Identify 1.5 percent of our existing base budget for reallocation.
Link recommendations to the university Strategic Plan and describe anticipated outcomes.
Recommendations should reference the Guiding Principles.
The Council should carefully review assessment reports and integrate findings into the budgeting process.