1. Discussion about what the Budgets and Fiscal Planning Committee will deal with during Spring term.
The group engaged in an extended discussion about the fiscal issues of concern to the faculty. The following items, not necessarily in order of priority, were endorsed as being worthy of further extended discussion:
The group also felt that further meetings should involve Category I approvals and that discussion of these issues should wait until there is a need to deal with Category I approvals.
- A universal campus wide policy on returned overhead. At present, the policy differs from college to college as to whether the PIs are given a fraction of the returned overhead to spend on local needs. The group felt that consistent with general budgeting principles in higher education some portion of the “revenue” should return to those who generated it. While everyone understands the need for strategic investments for the “common good”, it is increasingly essential for PIs to receive some discretionary funds to meet local needs.
- A thorough accounting of the INTO program is needed. Faculty in Business and Engineering are facing a number of problems dealing with INTO students in the form of academic dishonesty and poor preparation for advanced classes. Is the program worth the extra effort required and what could be done to decrease the problems?
- An accounting of the cumulative effect of “re-organization”. The BFP group has dealt with the Cat. I proposals for re-organization and collectively sees no savings associated with the restructuring. We propose to examine all the approved Cat I proposals for re-organization, sum up the savings and increased expenditures, make a cost estimate of the effort involved and report what we find.
The group also felt that further meetings should involve Category I approvals and that discussion of these issues should wait until there is a need to deal with Category I approvals.