Faculty Senate Meeting

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Presentation transcript:

Faculty Senate Meeting September 10, 2018 President Cheryl B. Schrader

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Budget Update Ended FY18 with a $10.1M surplus $4.1M above target Spent nearly $53M less in FY18 than in FY17 FY17 ended with a $24.6M deficit Plan to spend $20M less in FY19 than in FY18 based on a 6.2% decline in enrollment Need to adjust for shortfall in enrollment, increases in medical costs, additional recurring previously unbudgeted items

Growth Mindset Advisory Team Laser-focused on a growth mindset Build enrollment Diversify and expand revenue streams Members Cheryl B. Schrader Sue Edwards, Chair Doug Fecher Michael Bridges Stephanie Green Bruce Langos Austin Rains Burhan Kawosa Walt Branson Greg Sample Jennifer McCamis Mary Jean Henry Mark Anderson Paul Carney John Shipley Craig Woolley

Upcoming Events Green and Gold Fridays Show your Wright State pride Air Force 5K Friday, September 14 6 p.m. Welcome Reception for Provost Edwards Tuesday, September 18 3 to 4:30 p.m., Student Union Atrium Homecoming Weekend 2018 Friday, October 5 and Saturday, October 6