Form 3 - Budget Impact Reduction Statement
COLLEGE OF Business Administration
Reductions
| |
FTE |
Instruction |
FTE |
Instr. Support |
Total |
| 1 Base budget cut |
|
$340,360 |
|
$66,263 |
$406,623 |
| 2 Loss of BRP (Budget Recovery Plan) |
|
--- |
|
$37,504 |
$37,504 |
| 3 Total reductions |
|
$340,360 |
|
$103,767 |
$444,127 |
Unavoidable additional costs:
| |
FTE |
Instruction |
FTE |
Instr. Support |
Total |
| 4 New hires: Tenure/Tenure-Track or Staff |
7.00 |
$517,430 |
1.00 |
$50,000 |
$567,430 |
| 5 Startup costs for new tenure track hires |
|
$132,490 |
|
$0 |
$132,490 |
| 6Other (specifically on attached pages) |
0.50 |
$55,002 |
|
$0 |
$55,002 |
| 7 Subtotal - additional budget problem |
7.50 |
$704,922 |
1.00 |
$50,000 |
$754,922 |
| 8 Total budget problem (add) |
7.50 |
$1,045,282 |
1.00 |
$153,767 |
$1,199,049 |
Temporary Solution Strategies (Backfill with Carryover Funds)
| |
FTE |
Instruction |
FTE |
Instr. Support |
Total |
| 9 Non-Base Recovery Allocation |
|
— |
|
$18,752 |
$18,752 |
| 10 Backfill with GF (AA) |
|
$628,970 |
|
$84,699 |
$713,669 |
| 11 Backfill with CERF |
|
$0 |
|
$25,158 |
$25,158 |
| 12 Backfill with Grant Reimbursed |
|
$0 |
|
$0 |
$0 |
| 13 Backfill with Non-PI 17 acct and 06 acct |
|
$0 |
|
$0 |
$0 |
| 14 Total Temporary Solutions/Backfill |
13.10 |
$628,970 |
- |
$128,609 |
$757,579 |
Budget Solution Strategies:
| |
FTE |
Instruction |
FTE |
Instr. Support |
Total |
| 15 Savings from retirement/resignations |
- |
$0 |
- |
$0 |
$0 |
| Reduce part-time faculty expenditures by |
|
|
|
|
|
| 16 Consolidating sections |
1.20 |
$66,398 |
|
— |
$66,398 |
| 17 Reducing sections/increase class size |
0.60 |
$40,348 |
|
— |
$40,348 |
| 18 Reduce frequency of courses |
|
$0 |
|
— |
$0 |
| 19 Cancelling low enrolled or not required courses |
|
$0 |
|
— |
$0 |
| 20 Reducing assigned time |
4.80 |
$309,566 |
|
— |
$309,566 |
| 21 Total reduction part-time faculty expenditures |
8.67 |
$416,312 |
|
|
$416,312 |
| 22 Reduce GA/TA/ISA expenditures |
|
$0 |
|
— |
$0 |
| 23 Reduce MPP expenditures |
|
— |
|
$0 |
$0 |
| 24 Reduce Staff (temp help or perm) expenditures |
|
— |
|
$25,158 |
$25,158 |
| 25 Reduce student assistant expenditures |
|
— |
|
$0 |
$0 |
| 26 Reduce operating expense and equipment expenditures |
|
— |
|
$0 |
$0 |
| 27 Other (specify on attached pages) |
|
$0 |
|
$0 |
$0 |
| 28 Total Budget Reduction |
8.67 |
$416,312 |
- |
$25,158 |
$441,470 |
Academic Affairs
B(16)
