1. 2009-2010 BUDGET PRESENTATION April 2, 2009

2. 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

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

4. 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

5. BUDGET CUTS 2008-2009 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)

6. BUDGET CUTS 2009-2010 $96.3 million cut (remainder)$ (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)

7. 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)

8. BUDGET SHORTFALL Cuts, 2008-09$ (3,980,400) Cuts, 2009-10 (2,592,300) Total Cuts$ (6,572,700) Other Factors (262,700) GROSS SHORTFALL, 2009-10$ (6,835,400)

9. NET SHORTFALL 2009-2010 Gross Shortfall$ (6,835,400) $620 Tuition Increase 3,271,900 NET SHORTFALL $ (3,543,500)

10. 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%

11. HOW DO WE COVER A $3,543,500 SHORTFALL? 2008-09 Carry Over$200,000 2008-09 1% Reserve 420,000 Position Reduction (12) 670,000 2009-10 Fee Support 350,000 2009-10 Institutional Equipment 225,000 2009-10 Over Enrollment 675,000 2009-10 IFR Unrestricted Funds 250,000 2009-10 FSA Utility Support 200,000 2009-10 Residence Hall Utility Support 200,000 2009-10 Salary Savings 353,500 TOTAL $3,543,500

12. POSITION REDUCTIONS Positions Amount 2009-10 12 $670,000 2010-11 10 565,000 2011-12 8 460,000 TOTAL 30 $1,695,000 No more than 25% of reduction from faculty Each faculty reduction increases adjunct budget

13. OVER ENROLLMENT FUNDS Extra tuition generated when Actual Enrollment Exceeds Budgeted (Approved) Enrollment Amount: 100 FTEApproximates $500,000 Actual Budgeted ExcessOver Enrollment 2007-08 5276 5215 61 $ 305,000 2008-09 5466 5215 251 1,255,000 2009-10 5400 5215 185 925,000

14. 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