FACULTY MEETING 9/12/02 President’s Report President’s Report College Objectives for AY 2003 Graduate and Undergraduate Admissions/Recruitment ESF 2002-03 Operating Budget COLLEGE OBJECTIVES FOR AY 2003 Objectives Achieve $750,000 in expense reductions Energy savings (5%) Accessory instruction (6000 hours) 20% reduction in OTPS Minimize backfill on open positions 15 retirements Hold academic temporary to $440K Objectives Increase other sources of revenue by $750,000 Increase ICR on Research from 18% to 20% Utilization of IFR and SUTRA “Reserves” Federal and State Legislative Support Objectives BS Biotechnology approved by Faculty/SUNY Admin/SED Increase sponsored research expenditures to $11.5M Expand Entrepreneurship Program Expand Green Campus Initiative Objectives Campus Sustainable Energy Management Install molten carbonate fuel cell 250 kw Install photovoltaic system 200 kw Develop campus energy management plan Objectives Acquire $5.0M in State and Federal Incremental R&D Support Raise $1.5M for contribution to Endowment and Establish First Endowed Chair/Professorship Implement Student Retention Initiative Objectives Secure GEN*NY*SIS Funding for Biotechnology Research Center Enroll 445 Freshman/Transfer Students in Fall 2003 Initiate Residence Hall Capital Project Complete Baker Phase II Construction Objectives Complete Ranger School Rehabilitation Initiate Baker Phase III Design Initiate E-mail Communication to Alumni (9/11 Living Memorial) Objectives Reinforce Partnerships Upstate Medical University (M.D./Ph.D. program and undergrad) Le Moyne College (NSF REU proposal) Onondaga Community College (Biotech workforce development/environmental systems) Clarkson University (Sustainability/SLECA) Syracuse University Center of Excellence SUNY Delhi (Watershed Science) (more) Objectives Reinforce Partnerships Griffiss Technology Center (information assurance) Source Sentinel LLC (Biosensors) SUNY Brownfields Center Objectives U.S. News & World Report/Princeton Review Enhance rankings Increase Visibility New York Times Coverage National Public Radio National TV Network Coverage Objectives Accreditation ABET - PS&E SAF – Forestry Have Fun! Graduate and Undergraduate Admissions/Recruitment Fall 2002 Summary Fall 2002 Enrollment – 9/10/02 Undergraduate Freshmen Transfers Continuing/Returning Part Time 198 223 755 131 1307 (more) Summary Fall 2002 Enrollment – 9/10/02 Graduate - First year - Continuing/Returning - Part Time 106 179 351 636 Total Headcount Actual Total Headcount Target 1943 1895 + 48 Undergraduate Enrollment Fall 2002 (data as of 8/23/02) Quantity (F-T headcount) Freshmen Transfer Ranger School Goals Results 210 190 45 445 198 169 54 421 78% 3.00 74% 3.02 2.80 2.80 Quality Freshmen (group 1 & 2) Transfer (transfer GPA) Ranger School (transfer GPA) (more) Undergraduate Enrollment Fall 2002 (data as of 8/23/02) Diversity NYS Out-of-state Students of Color Goals Results 90% 10% 8% 88% 12% 7% Undergraduate Enrollment Progress Report 2002 vs. Historical Application Rates (Inquiry to Applicant) Freshmen +6% 2001 v. 2002; +39% since 1999 Transfers +6% 2001 v. 2002; stabilized since 1999 Acceptance Rates (Applicant to Acceptance) Quantity and quality have increased resulting in a larger, stronger pool of accepted students Yield Rates (Acceptance to Deposit) Freshmen 46% for 2002 Transfer 58% for 2002 50% 3 year average 58% 3 year average Undergraduate Enrollment The Focus for 2003 Metrics Increase Applications by 100 Increase Freshmen Yield to 50% Acquire 445 Freshmen and Transfer Students Undergraduate Enrollment Key Activities for 2003 Application Rates Continued increase in quantity & quality of the pool Focus on programs to connect prospects with ESF +100 applications over 2002 Increase yield of Freshmen (46% to 50%) Increase yield of Transfers (58% to 60%) Acceptance Rates Maximize timeliness & personal approach (more) Undergraduate Enrollment Key Activities for 2003 Yield Rates Making connections is critical to meeting goals Implement best practices among yield activities ERFEG LA EFB (more) Undergraduate Enrollment Key Activities for 2003 Improvements needed Several Faculty web sites Improved communication with accepted students Graduate Enrollment Focus for 2003 Acquire 105 Full Time First Year Graduate Students Increase Percentage of Domestic Students (Chemistry) ESF 2002-03 Operating Budget A Look Back at Fiscal Year 2001-0 2 Achieved balanced budget due to the following actions: Suspended four faculty searches and VP search in Oct. 2001 Postponed decisions about filling behind retirees and other vacancies Made reductions in discretionary spending (OTPS; visibility; computer infrastructure) Introduced new Spring 2002 courses to limit the increase in accessory instruction usage SUNY’s 2002-03 State Budget Deficit Core instructional budget – relatively unchanged No tuition increase No funding for: Negotiated collective bargaining increases Support of enrollment growth Support of sponsored research growth Inflation SUNY-wide unmet need (more) $ 64.3M $ 18.9M $ 5.2M $ 14.1M $102.5M SUNY’s 2002-03 State Budget Deficit SUNY-wide unmet need $102.5M PLUS Post-budget expenditure cap (“haircut”) $ 11.0M Total SUNY gap $113.5M Impact of State Budget on ESF ESF’s 2002-03 operating budget is approximately $31,000,000. Gap between revenue and anticipated expenses is $1,620,000, assuming all cuts made in 2001-02 were restored, and there would be no changes (additions or deletions) in labor costs Goals of ESF’s BudgetPlanning Process Minimize negative impact on academic programs and services Use “reserves” as conservatively as possible Position ESF for additional budget problems in 2003-04 College “Reserves” “Reserves” primarily available from IFR (Income Fund Reimbursable) accounts Revenue is generated by specific activities and is generally used to support related purposes. Example of an IFR account: University Police account - collects parking and traffic fines Generated $8000 in revenue in 2001-02 Revenue is used to cover the cost of patrol cars, protective equipment, training, etc. (more) College “Reserves” Through prudent use of IFR funds over the last five years, ESF has a total accumulation in all IFR accounts of slightly over $2M. These are our “reserves.” Campus Actions Taken to Address $1,620,000 Revenue Gap Reductions in 2002-03 operating expenses: OTPS and visibility budgets – Maintained 10% across-the-board cut from 2001-02 FY and cut another 10% Temporary service – 10% cut Library acquisitions – 10% cut Computer infrastructure – Maintained 50% cut from 2001-02 FY Visiting faculty and other temporary academic appointments – Reduced by $150,000 from 2001-02 levels (from $590,000 to $440,000) (more) Campus Actions Taken to Address $1,620,000 Revenue Gap Utilities budget – Reduced by 5% from 2001-02 level 1% M/C salary increases, to have been effective 7/1/02 – Will not distribute Overtime budget – Reduced by 20% Estimated salary savings from participation in retirement incentive program - $200,000 (more) Campus Actions Taken to Address $1,620,000 Revenue Gap SU accessory instruction contract with SU Negotiated an amendment to the current contract, reducing the planned 2002-03 rate increase from 3% to 0%. Plan to hold net usage of accessory instruction to 6000 credit hours Increased student support services fee, which supports accessory instruction costs Total impact of campus actions - $865,000 Remaining Shortfall to be Covered from IFR “Reserves” Total shortfall $1,620,000 Total of campus actions $ 865,000 Total to be covered by IFR “reserves” $ 755,000 ESF 2002-03 Summary Budget Revenue Base state allocation Tuition, fees & interest Student services fee Special funding (member items, SUNY etc.) Special graduate support Use of IFR “reserves” $23,902.4 6,067.0 378.9 711.5 169.5 755.0 $31,984.3 (more) Expenses Personal service (including temps & grads) Est. net retirement savings Other-than-personal service (& related expenses) Accessory Instruction Utilities Financial Aid – undergrad. Grad. tuition waivers Visibility initiative Specially-funded items $20,655.5 (200.0) 2,248.9 4,822.8 2,339.9 386.2 923.7 40.0 767.3 $31,984.3