CAMPUS FORUM April 23, 2009 1 ENROLLMENT TRENDS 2 Total Undergraduate ApplicaBons 7000 6000 5000 5886 5033 4606 3949 4000 2004 Total Apps 3000 2005 Total Apps 2006 Total Apps 2007 Total Apps 2000 2008 Total Apps 2009 Total Apps 1000 0 3 Accepted ApplicaBons 5000 4598 4500 4216 4000 3834 3766 3500 3326 3000 2500 2000 1500 2004 Accepts 2005 Accepts 2006 Accepts 2007 Accepts 2008 Accepts 1000 2009 Accepts 500 0 4 Enrollment Deposits 1800 1584 1600 1400 1396 1200 1000 800 2004 Deposits 2005 Deposits 600 2006 Deposits 2007 Deposits 400 2008 Deposits 2009 Deposits 200 0 5 Female Deposit Paid 450 400 356 350 346 307 300 278 250 200 2004 2005 150 2006 2007 100 2008 2009 50 0 6 120 DomesBc Minority Deposits Paid 110 102 100 87 85 80 74 60 2004 2005 40 2006 2007 2008 20 2009 0 7 Enrollment ProjecBon for Fall 2009 Total Students New Students -­‐ (High)
(Likely)
(Low)
6912 1608 1438 1375 8 Michigan Tech Fall Enrollment History 1970-­‐2008 8,500 8,000 7,865 7,414 7,500 6,961 6,935 7,000 7,014* 6,625 6,510 6,500 6,187 6,000 5,500 *final preliminary On-­‐Line Learning 2008 2007 2005 2006 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1989 Standard Learning 1990 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 1971 4,500 1970 5,000 4,903 BUDGET 10 GENERAL FUND AND CURRENT FUND
FY09 Condensed Income Statement Projection
(in Thousands)
Total Operating Revenue
Total Operating Expense
General
Fund
Current
Fund
$ 96,739
$ 167,599
(131,926)
(222,025)
(16,086)
(6,030)
49,801
59,461
Transfers Out
Total Nonoperating Revenue
Net Income (Loss)
$
(1,472)
Ending Fund Balance
$ (11,111)
$
(995)
$ 14,420
Note: Current Fund includes General Fund, Designated Fund, Auxiliaries,
Retirement and Insurance, and the Expendable Restricted Funds.
11 CURRENT FUND
(in Thousands)
Original
Projection
Revenue
$
232,008
$
(231,536)
Expense
$
1,022
229,020
(228,055)
550
Investment Gains (losses)
Net
Projected Year End
(As of 3/31/09)
(1,960)
$
(995)
12 45
40
CASH FLOW
2007,2008 & 2009 YTD
(dollars in millions)
2007
2008
2009
35
30
25
20
15
10
5
0
J J J J J F F F F M M M M A A A A A M M M M J J J J J J J J J A A A A S S S S S O O O O N N N N D D D D D
13 American Recovery & Reinvestment Act Federal -­‐ Student Financial Aid -­‐ ScienNfic Research State -­‐ Budget StabilizaNon 14 Federal Student Financial Aid Pell Grants American Opportunity Tax Credit
Work Study Non SNmulus – GI Bill $17B $15B $200M $60B/5 years
15 Federal ScienBfic Research Increases NIH NSF DOE NASA
$10.4B $ 3.0B $ 4.8B $ 0.55B 16 “State” Fiscal StabilizaBon Funds ! $48.6B to governors to help stabilize state and local budgets to avoid educaNon reducNons. ! State commitment to advance educaNon reform. 17 ! EducaNon StabilizaNon Fund – 81.8% ! Restore support to K-­‐12, Public Higher EducaNon, Early Childhood Services. ! Michigan Share EsNmate -­‐ $1.3B. ! Government Services Fund – 18.2% ! Public Safety, Other Government Services including EducaNon. ! Michigan Share EsNmate -­‐ $289.8M 18 State Fiscal StabilizaBon Fund Uses ! Restore state support to educaNon to greater of 2008 or 2009 level for each of 2009, 2010, 2011 (cannot go below 2006 level). ! If there are dollars remaining …. ! K-­‐12 ! ModernizaNon, RenovaNon, Repairs ! MiNgate TuiNon Increases, etc. 19 State Fiscal StabilizaBon Funds at Michigan Tech -­‐ Increase? -­‐ Backfill? 20 CAPITAL IMPROVEMENTS 21 RESIDENTIAL APARTMENTS -­‐ Preliminary Design 22 Waterfront Master Planning CommiZee "  Marty Auer "  Charles Kerfoot "  Mary Marchaterre "  Alex Mayer "  William Predebon "  Suzanne Sanregret "  Jared Johnson "  Bryant Weathers Ex-­‐officio: Jim Heikkinen and Gregg Richards 23 24 Great Lakes Research Center "  Planning Commihee "  Bill Predebon, Chair "  Marty Auer "  Sarah Green "  Charles Kerfoot "  Alex Mayer "  Walt Milligan Ex-­‐officio: Jim Heikkinen and Gregg Richards 25 #  Great Lakes Research Center #  ResidenNal Apartment Building #  Keweenaw Research Center (KRC) #  MacInnes Student Ice Arena RenovaNons #  Physics Labs – Design Phase #  ME-­‐EM Safety Measures #  US41 ReconstrucNon #  Michigan Tech Lakeshore Center (UPPCO) – Design Phase #  Rozsa Art Gallery 26 AQIP and LEAN 27 AQIP Systems Por]olio •  Helping Students Learn •  Accomplishing Other DisNncNve ObjecNves •  Understanding Students’ and Other Stakeholder’s Needs •  Valuing People •  Leading and CommunicaNng •  SupporNng InsNtuNonal OperaNons •  Measuring EffecNveness •  Planning ConNnuous Improvement •  Building CollaboraNve RelaNonships 28 Current AQIP Projects ! InternaNonal Experience ! Academic Advising 29 LEAN Quality Improvement •
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Catering/Ordering Process Recipe/Order Taking Consistency Room Setup and Cleanliness Standards Process for Training New Catering Students RSP’s Internal Processing of ModificaNons Financial Close-­‐out of Sponsored Projects ProbaNonary Period Process Student Status Change Form ProducNon Flow in ResidenNal Dining Cash AccounNng UAW Job PosNng StandardizaNon 30 STRATEGIC PLAN Tune Up 31 Strategic Plan Update •  Dran Guiding Principles (Radson, Schulz and Walck). (Complete) •  Deans Review (January) •  ExecuNve Team Direct Reports Review •  ExecuNve Team Review (March) •  Public Focus Groups (close May 1) •  Deans and ExecuNve Team Review Again •  Final Approval (July Board meeNng) 32 Strategic Plan Website hhp://www.mtu.edu/stratcomment/ 33 STRATEGIC FACULTY HIRING INITIATIVE THEME: ComputaNonal Discovery and InnovaNon –  Interviews are sNll taking place 34 2010 STRATEGIC FACULTY HIRING INITIATIVE THEMES: Health and Energy 35 New Faces •
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Thy Yang, Director of InternaNonal Programs K. Michael Gibson, Chair, Biological Sciences Ronald Strickland, Chair, HumaniNes Joe Herbig, Controller Offer Pending, Director of Public Safety 36 SEARCHES # 50 Faculty Members # Provost 37 CAMPAIGN UPDATE 38 MICHIGAN TECHNOLOGICAL UNIVERSITY
Generations of Discovery
Campaign Productivity Totals
as of March 31, 2009 Alumni & Friends
CorporaNons Private FoundaNons
Gins-­‐in-­‐Kind Grand Total
$ 67,860,066 23,442,399 2,023,070 4,172,864 $ 97,498,399 39 RESEARCH 40 2007 NSF NaBonal Ranking •
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66th among insNtuNons without medical schools Now 117th among public insNtuNons 163rd in total research expenditures Mechanical Engineering now 22nd Visual and Performing Arts now 72nd MathemaNcs now 75th HumaniNes now 78th 41 NSF NaBonal Rank 70 0 -­‐20 -­‐40 50 -­‐60 -­‐80 40 -­‐100 30 -­‐120 NaBonal Rank S&E Research Expenditures ($ Millions) 60 -­‐140 20 -­‐160 10 -­‐180 0 -­‐200 0 1 2 3 Expenditures 4 5 6 All-­‐Rank Fiscal Year Public-­‐Rank 7 8 9 10 UWOMS-­‐Rank 42 QUESTIONS 43