 |
|
|
|
| Employee Compensation |
|
|
|
|
|
| Freeze 2009-10 salaries |
|
$3,868,000 |
|
|
|
| Freeze 2010-11 salaries for those earning more
than $75,000 |
|
$2,717,000 |
|
|
|
| Lower health insurance costs |
|
$600,000 |
|
|
|
| Cap tuition benefits at current levels |
|
$109,000 |
|
|
|
| Eliminate Emeriti Program retiree health |
|
$519,000 |
|
|
|
| Subtotal |
|
$7,813,000 |
|
|
|
| Student-to-Faculty Ratio |
|
|
|
|
|
| Reduce temporary faculty replacements 50 percent |
|
$1,600,000 |
|
|
|
| Eliminate positions through known and future retirements |
|
$2,100,000 |
|
|
|
| Subtotal |
|
$3,700,000 |
|
|
|
| Comprehensive Fee Revenue |
|
|
|
|
|
| Reduce expense for 2009-10 enrollment shift |
|
$182,000 |
|
|
|
| Subtotal |
|
$182,000 |
|
|
|
| Facilities and Utilities |
|
|
|
|
|
| Eliminate 5 percent of space (approx. 150,000 sf) |
|
$975,000 |
|
|
|
| Adjust inflation in renewal and replacement |
|
$1,171,000 |
|
|
|
| Undertake energy conservation projects |
|
$900,000 |
|
|
|
| Budget savings from co-generation facility |
|
$1,774,000 |
|
|
|
| Lock in favorable natural gas rates |
|
$1,022,000 |
|
|
|
| Subtotal |
|
$5,842,000 |
|
|
|
| Study Abroad |
|
|
|
|
|
| Budget lower 2009-10 inflation and exchange rates |
|
$919,000 |
|
|
|
| Control costs of non-Smith programs |
|
$877,000 |
|
|
|
| Identify efficiencies in Smith programs |
|
$50,000 |
|
|
|
| Discontinue director cost-of-living allowances |
|
$156,000 |
|
|
|
| Subtotal |
|
$2,002,000 |
|
|
|
| Library and Information Technology Services |
|
|
|
|
|
| Reduce Information Technology Services costs |
|
$606,000 |
|
|
|
| Reduce Libraries costs |
|
$933,000 |
|
|
|
| Subtotal |
|
$1,539,000 |
|
|
|
| Administrative, Student and Academic
Support |
|
|
|
|
|
| Reduce/eliminate inflationary allowances |
|
$831,000 |
|
|
|
| Eliminate half of one-time, equip and program facilities
pools |
|
$408,000 |
|
|
|
| Eliminate initiatives fund for three years |
|
$1,967,000 |
|
|
|
| Reduce other admin, student and academic support |
|
$3,466,000 |
|
|
|
| Subtotal |
|
$6,672,000 |
|
|
|
| Revenue Generation |
|
|
|
|
|
| Increase endowment through campaign |
|
$2,000,000 |
|
|
|
| Add revenue enhancing programs |
|
$250,000 |
|
|
|
| Subtotal |
|
$2,250,000 |
|
|
|
| Grand Total |
|
$30,000,000 |
|
|
Message from
the President
Introduction
Employee
Compensation
Student-to-Faculty
Ratio
Comprehensive
Fee
Revenue
Facilites & Utilities
Study
Abroad
Libraries &
Information
Technology
Services
Administrative,
Student & Academic Support
Revenue
Generation
Investment
Required
Appendix
| |
