BUDGET PRESENTATION ACADEMIC SENATE – JULY 29, 2009 Michael Ortiz, President Ed Barnes, Vice President for Administrative Affairs Marten denBoer, Provost

General Fund Budget  CSU budget reduction - $584 M.  For Cal Poly Pomona, $584M translates to a $30.8M permanent base budget reduction  Enrollment target for CPP reduced from 17,816 to 16,123 (9.5% -- 1,693 FTES)

Impact of $30.8 Million Reduction  Fewer Class Sections  Compensation Contribution Furloughs will make up about one-half of the reduction in 2009/10  Reduced level of service  Permanent reductions to department and division operational expenses, including student assistants, travel, supplies and equipment

Next Steps  Develop and implement plans to reduce the operating budget for the campus by $30.8 million Develop department and division plans for FY and

BUDGET PRESENTATION ACADEMIC SENATE – JULY 29, 2009 Michael Ortiz, President Ed Barnes, Vice President for Administrative Affairs Marten denBoer, Provost

Academic Affairs Budget  Prior Year Base Budget$91.2 million  Expected Reduction$20.3 million  Resulting Budget$70.9 million Permanent Faculty Salaries$45.0M Temporary Faculty$7.4M Permanent Staff$12.5M Temporary Staff$0.4M Management$3.8M Assigned Time$1.1M Operating$4.3M Credit for Benefits Savings-$3.0M

Overall Measures  Reducing course offerings to campus FTES Target for Estimated Savings: $5.7 million  Furloughs for faculty, staff and administrators Estimated Savings $8.6 million Furloughs in Academic Affairs give us a year to work toward long-term solutions.

Additional Measures Additional Savings Needed$6 million 25% reduction in operating expenses beyond 25% already taken in This could include:  General Operating expenses down$0.75M  Student Assistants expense down$0.30M  Travel expense down$0.10M Assigned Time funding down 50%$0.70M Total Savings Estimated$1.85 M

Remaining Gap$4.15 million Increase class size  Raising student-faculty ratios about 8% - saves $3.5 million Use carry-forward funding  One-time dollars