Budgets and Fiscal Planning Committee

Voting members present: Tekla Bude, Filix Maisch, Reni Powell, Courtney Seton, Shawn Tucker
Voting members absent: Frank Chaplen
Ex-officio members present: Sherm Bloomer

Program Proposal

• Mathematics Education Graduate Major (MA, MS, PhD), Key #740 – Deactivate Graduate Major
  • Realigning some of the existing programs and this one does not need to be continued.
  • Budget worksheet and narrative is very generic – indicates no impacts to the budget.

Action: Reni Powell moved to approve the proposal; motion seconded and passed with 5 votes in favor, 0 votes in opposition and 0 votes in abstention.

• Science Education Graduate Major (MA, MS, PhD), Key #741 – Deactivate Graduate Major
  • Realigning some of the existing programs and this one does not need to be continued.
  • Budget worksheet and narrative is very generic – indicates no impacts to the budget.

Action: Reni Powell moved to approve the proposal; motion seconded and passed with 5 votes in favor, 0 votes in opposition and 0 votes in abstention.

Report Back from University Budget Advisory Committee

• Typically, in fall, a lot of the work is about tuition rates.
• Inflation is about 3.5% - continuing students will see an increase of about that much, incoming students will see an increase at the rate of inflation plus a little more.
• There has been discussion about whether tuition prices should be charged based on campus, rather than modality. This change is not likely to be made by next fall.
• Workgroups are looking at differential tuition and the budget model.
• Student building loan debt fee – supports student fee run buildings. Hasn’t been raised in about 20 years, but many of the buildings need renovations so there is discussion around raising the fee.

Other Business

• No other business