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Budget Review and Update What Does It Mean for Academic Affairs?

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Structural Deficit State We have a structural deficit because our planned base spending exceeds our planned base revenue. TuitionRevenue Carryover Spending EnrollmentShortfall TuitionRevenue Authorized Budget $4.5M

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Enrollment Task Force Increase frosh and transfer students Increase frosh and transfer students Increase students of color Increase students of color Improve 4-year graduation rate Improve 4-year graduation rate Increase retention Increase retention rates rates Report available on Chancellors website

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Across-the-Board 19%

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Your will shall decide your destiny. - Charlotte Bront, Jane Eyre

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Put another way

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Circles of Budget H*ll Announcement Campus Dialog Opportunity Cuts Strategic Rightsizing

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Our Destination Structural deficit resolved Structural deficit resolved Budgetary buffer established Budgetary buffer established Inclusive value system in place Inclusive value system in place Curriculum aligned with changing student needs Curriculum aligned with changing student needs Competitive salaries established Competitive salaries established Blah Blah Blah

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Across-the-Board $3.2M 19% 29%

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Academic Affairs Budget Expenses Figures are approximate but reflective of actual values. 4.4%

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Our Problem to Solve How to deliver a rigorous, more attractive student experience with reduced resources and higher accountability.

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A Spectrum of Value Systems

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Food for Thought

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25 FTE Reinvested 17 FTE Reinvested

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Food for Thought Reallocate 102 Expenses to Non-102 Reallocate 102 Expenses to Non-102 Lean Process Improvement Lean Process Improvement Leverage Existing Technological Capacity Leverage Existing Technological Capacity

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Our Destination Structural deficit resolved Structural deficit resolved Budgetary buffer established Budgetary buffer established Inclusive value system in place Inclusive value system in place Curriculum aligned with changing student needs Curriculum aligned with changing student needs Competitive salaries established Competitive salaries established

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Our Problem to Solve How to deliver a rigorous, more attractive student experience with reduced resources and higher accountability.

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Immediate Next Steps At the Division Level (within two weeks) At the Division Level (within two weeks) Refine university-wide principles for budget decisions Refine university-wide principles for budget decisions Design process/timeline for final decision- making Design process/timeline for final decision- making Establish dashboard indicators for reporting progress toward our destination Establish dashboard indicators for reporting progress toward our destination

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Immediate Next Steps At the Dean/Associate Vice Chancellor At the Dean/Associate Vice Chancellor Level (within a week) Level (within a week) Establish strategic shares for colleges and units (FY 16/FY 17) Establish strategic shares for colleges and units (FY 16/FY 17) Identify appropriate data sources Identify appropriate data sources