1. Budget Advisory Committee Update
College Senate
October 31, 2016

2. Budget Advisory Committee
The purpose of the Budget Advisory Committee is to:
Maintain a highly transparent, informative, and participatory operating fund budgeting process;
Integrate campus strategic planning with the budgeting process;
Analyze the budget context (e.g., state funding) and its impact on the institution.

3. Membership Chair, Thomas Sakoulas Faculty at Large, Laura Munteanu
Faculty at Large, Tran Trang
Faculty at Large, Paul French
Professional staff, Bill Harcleroad
Classified staff, Anne Winchester
Presiding Officer of College Senate, Michael Koch
Dean Representative, Susan Turell
Chair Academic Planning and Resources Allocation Committee (vacant)
Chair of the Strategic Planning Council, John Schaumloffel
Student Association Treasurer, Leo Mackey
Provost, James Mackin
Sr. Executive Employee Services Officer, Lisa Wenck
Assoc. Vice President & Chief Enrollment Management Officer, Kevin Jensen
VP Finance & Admin. Todd Foreman
VP Advancement, Paul Adamo
VP Student Development, Frank Chambers
Exec. Assistant to President, Colleen Brannan
Budget Director, Julie Piscitello

4. ¼ non-approp

5. State budget impact at SUNY Oneonta
Bad news
No authority to increase tuition
No increase in State Tax Support for Core Operations
Good news
Capital increase to support critical maintenance
2014/15 $10,278,601
2015/16 $ 4,474,000
2016/17 $ 5,900,000 (+32%)

6. Tuition Revenue shortfall

7. Question and Answers Q. How do we cover revenue shortfalls?
A. Campus Reserve.
Q. What is a reserve?
A. The difference between planned revenue and expenses.
Q How much is our reserve?
A. We project a $810,000 surplus.
Q Is this enough?
A No, it’s 6% of our State support and our goal is 15%.

8. Plan to increase reserves
Proactive measures…
Reduce temporary service budget.
Increase enrollment.
Reduce service contracts.
Increase other revenue sources.
Reactive measures…
Reduce OTPS budgets across campus.
Allocations by Cabinet Area - excluding PSR
% of Total
Share of Reduction
Academic Affairs
38.50%
$192,436
Finance & Administration
26.60%
$132,985
Student Development
21.10%
$105,329
Enrollment Management
7.20%
$35,976
College Advancement
2.60%
$12,962
Communications
1.50%
$7,304
Employee Services
1.20%
$5,799
President
0.70%
$3,736
Equity & Inclusion
$3,473
Total
100.00%
$500,000

9. What does it all mean? The Budget is tight. However…
Discretionary spending will be scrutinized
New positions will be extremely limited
Backfilling vacancies will need strong justifications
We need to shore up enrollment – new & continuing
However…
No cause to panic
We must and we will continue to invest in our strategic plan, including investment in new programs