BUDGET PRESENTATION April 2, 2009

GOALS 1.Students have Access to Classes 2.Avoid Layoffs 3.Keep Intact: Library Acquisition Budget Department Non-Personnel Accounts Academic Replacement Equipment (and SCAP) Adjunct Faculty Budget

ADVOCACY 1.Students supported tuition increase 2.Meetings with Legislators, Governor’s staff, DOB staff 3.Advocacy Committee 4. s to all faculty, staff, and students, 4,000+ parents, 16,000+ alumni

ANY GOOD NEWS? 1.Fredonia has been planning for a worst-case scenario 2.Collective bargaining costs are covered 3.Construction dollars are continued 4.Enrollment demand is strong

BUDGET CUTS Utility (Jan. 2008) $ (461,500) 2.9% cut (April 2008) (515,700) $11.2 million cut (June 2008) (146,300) $96.3 million cut (Aug. 2008) (1,277,200) 90% of Tuition Increase (Dec. 2009) (1,579,700) TOTAL $ (3,980,400)

BUDGET CUTS $96.3 million cut (remainder)$ (448,000) $40 million cut (April 2009) (850,000) 10% Research Tax (April 2009) (10,000) 80% of Annualized Tuition (April 2009) (1,264,300) TOTAL $ (2,592,300)

OTHER BUDGET FACTORS DOB Statutory College Adjustment $ (41,700) Reduced Interest Earning (249,000) No Enrollment Growth N/A Other Revenues (various) 28,000 Salary Adjustments (net) N/A TOTAL - OTHER FACTORS $ (262,700)

BUDGET SHORTFALL Cuts, $ (3,980,400) Cuts, (2,592,300) Total Cuts$ (6,572,700) Other Factors (262,700) GROSS SHORTFALL, $ (6,835,400)

NET SHORTFALL Gross Shortfall$ (6,835,400) $620 Tuition Increase 3,271,900 NET SHORTFALL $ (3,543,500)

STATE BUDGET CATEGORIES Percent of Budget Personnel Services Regular77.56% Temporary Services 5.81 Utilities 6.34 Subtotal 89.71% Supplies and Expense 5.21 Contractual Expense 2.52 Equipment 1.12 Library Acquisition 0.88 All Other 0.56 TOTAL 100.0%

HOW DO WE COVER A $3,543,500 SHORTFALL? Carry Over$200, % Reserve 420,000 Position Reduction (12) 670, Fee Support 350, Institutional Equipment 225, Over Enrollment 675, IFR Unrestricted Funds 250, FSA Utility Support 200, Residence Hall Utility Support 200, Salary Savings 353,500 TOTAL $3,543,500

POSITION REDUCTIONS Positions Amount $670, , ,000 TOTAL 30 $1,695,000 No more than 25% of reduction from faculty Each faculty reduction increases adjunct budget

OVER ENROLLMENT FUNDS Extra tuition generated when Actual Enrollment Exceeds Budgeted (Approved) Enrollment Amount: 100 FTEApproximates $500,000 Actual Budgeted ExcessOver Enrollment $ 305, ,255, ,000

BELT TIGHTENING FOR NEXT YEAR 1.Identify 12 Positions 2.Eliminate/Suspend Extremely Low Enrollment Programs 3.Identify Areas for Efficiency 4.Seek Campus-wide Suggestions