uwf budget town hall meeting april 27, 2010 dr. judy bense president university of west florida...

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

University of West Florida

FY2012-2013Budget

President Judy Bense June 14, 2012

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

Current Budget OverviewOne time reductionThe SPARA ProcessFY 12/13 InvestmentsProposed FY 12/13 BudgetPlans for next year…

Discussion Points

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

Current Budget Overview

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UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

$11.9m One Time Reduction for FY12/13

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$11.9M One Time ReductionYear End Carryforward @ June 30, 2012 $30 millionStatutory Reserve - $ 4.3 millionHurricane Reserve - $ 1.5 millionStrategic Reserve - $ 1.4 millionNon-Recurring commitments - $ 2.3 millionEncumbrances, grant matching funds, division and college reserves, and reserves for other unique assets

- $ 8.6 millionTotal $18.1m

Mandated Reduction $ 11.9 million

$11.9 Million Cut

• Use Carryforward• No recurring reductions• Use Central Reserves • Plan for sufficient funding of operations• Adjustments for unique assets and colleges• Hold the Legislature to their word!

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

FY12/13 Pilot of the SPARA Process

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

Progress toward Strategic Budgeting

•Invest in the new Strategic Plan•Measure using our KPIs•Accountability in reporting •Transparency -budget website

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

2012/13 Investment Budget Process

Interim SPARA Process:•Call for Investment Proposals•Reviewed within the Divisions •Vice Presidents’ recommended Budget•President’s Review and Approval•Trustee Presentation

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

FY12/13 Investments

FY 12/13 Investment Funding

• $4.8M for Recurring InvestmentsSources– Growth in student enrollment– Tuition Differential Increase & Graduate Tuition Increase– Changes to Waiver policies– Earnings on our reserves

• $2.3M Bridge Funding from Reserves

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Strategic Direction 1:Enhanced Student Access

33%, $2,327,081• 1.1 Foster student development and professional success – Career Services Technology Coordinator – Licensed Psychologist

• 1.2 Facilitate student access to and choice of UWF– Enrollment Management, – Gulf Coast 2+2 Advisor – Equity compliance funding

• 1.3 Promote student persistence and progression to degree– Retention Program

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Strategic Direction 2: Distinctive Teaching and Scholarship

43%, $3,055,691• 2.1 Expand efforts to engage students in high-impact learning &

research– Marine Services, – Academic Technology Center

• 2.2 Recruit, support, retain quality faculty– $1.74M new faculty, – 2% faculty raises, – $300K Compression adjustments,– Promotion and Tenure

• 2.3 Build a vibrant culture of scholarship and research– Office of Undergraduate Research

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Strategic Direction 3: Valued Partnerships

5%, $ 345,673• 3.1 Develop, cultivate, assess and sustain a network of

mutually beneficial community partnerships– Carnegie Community Engagement Coordinator

• 3.2 Advance the economy and quality of life in the region through partnerships with the citizens, organizations, and communities UWF serves, – BEI Investments

• 3.3 Expand Community awareness visibility, and support of UWF– Advancement, Communications, Marketing and Public Relations

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Strategic Direction 4: Sustainable Institutional Excellence

19%, $1,375,535

• 4.1 Sustain high-quality services and infrastructure– Deferred maintenance– Safety and Environmental Training Programs

• 4.2 Recruit, develop, and retain high-quality staff. – 2% Raise for staff

• 4.3 Strategically align and integrate, planning, budget, and assessment– Support for SACS & Institutional Effectiveness– Internal Audit (Pcard auditor)

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UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

Proposed FY12/13 Budget

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UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

The Future: Plans for FY13/14

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

2013/14 Budget Process

•Blue Ribbon Task Force•Strategic Planning and Resource Alignment Council•Begin Implementation of a full transparent and inclusive process in Fall 2012

UWF Budget Town Hall Meeting

April 27, 2010

Dr. Judy BensePresident

•National • Impact of Pell Funding in Summer •New discussions in Washington

•State•Health Insurance•Leave Liability•Tuition Increase (tipping point)

Things to watch…

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Questions ?

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