CAMPUS FORUM
WISCONSIN’S 2015-2017 BIENNIAL STATE BUDGET & TRANSITION UPDATE
WEDNESDAY, FEBRUARY 26, 2014
11:30 A.M. - SAGE 1216
4:00 P.M. - SAGE 1214
Where excellence and opportunity meet.™
Compliments to UW System for this Puzzle Conceptualization
The Biennial Budget Puzzle
Board of Regents Request
Operating
Budget
Statutory
Language
Cost to
Continue
Tuition
Share
of Costs
Standard
Budget
Adjustments
New
Initiatives
Student Financial Aid
Higher Educational Aids Board
Statutory
Language
Operating
Budget
Financial
Aid
Standard
Budget
Adjustments
Cost to
Continue
Tuition
Share
of Costs
New
Initiatives
Governor’s Executive
Budget
Statutory
Language
Operating
Budget
Debt
Service
Standard
Budget
Adjustments
Financial
Aid
Cost to
Continue
Tuition
Share
of Costs
New
Initiatives
Capital Budget
Operating
Budget
Debt
Service
Standard
Budget
Adjustments
Capital
Budget
Financial
Aid
Statutory
Language
Cost to
Continue
Tuition
Share
of Costs
New
Initiatives
State-Funded
Compensation
Operating
Budget
Debt
Service
Standard
Budget
Adjustments
Capital
Budget
Financial
Aid
Statutory
Language
Compensation
Cost to
Continue
Tuition
Share
of Costs
New
Initiatives
Final Legislative Budget
Operating
Budget
Debt
Service
Standard
Budget
Adjustments
Capital
Budget
Financial
Aid
Reductions
Statutory
Language
Cost to
Continue
Compensation
Tuition
Share
of Costs
Lapses
New
Initiatives
UW System
Diamond Chart
UW Oshkosh
Diamond Chart
UNIVERSITY OF WISCONSIN OSHKOSH
2013-14 OPERATING BUDGET
$250,173,654 total
[$194,173,654 without Direct Lending]
Total Budget: $250,173,654
Federal Funds $84,990,802
34%
56%
Gifts, Grants & Contracts $4,798,395
2%
Auxiliaries $48,190,873
Other Operational Receipts $2,596,592
Combined Total: $50,787,465
20%
Focus on the Relative Allocation GPR v. Tuition/Fees
44%
17%
GPR
Tuition/Fees
26%
$43,120,790
$66,476,202
GPR + Tuition/Fees Total: $109,596,992
39%
GPR
+
61%
Tuition/Fees
=
100%
Combined
Subtotal
Slide From Last Year
Understanding our
Uncommitted Reserve
$3 million rainy day fund – Why and How Used?
 Addressed unanticipated fluctuations in
enrollment numbers
 Addressed unexpected changes in financial
planning assumptions
 Addressed key areas of campus initiative and
re-investment
Inside Story:
Fund Balance Fiasco …




$27.2 million fund balance and reserves
Public outcry
Major political consequences
What were the audit results?
 Legislative Audit Bureau
Program Revenue Balances by
Level of Commitment
(as of 06-30-2012)
Levels of Commitment
Inside Story:
Fund Balance Fiasco …
LAB Audit Findings: $27.2 million fund balance





40.5%:
38.2%:
9.8%:
11.0%:
0.4%:
Planned balances (program revenues)
Designated balances (targeted commitments)
Obligated funds (commitments)
Reserve balances (emergencies, contingencies)
“Undocumented” $136,000
UW Oshkosh
Budget Principles
1. Value employees and abide by contracts, policies and
established procedures.
2. Budget for activities that are central to the mission, add
value, or are required.
3. Protect the direct instructional undergraduate and graduate
teaching mission.
4. Protect the integrity of services supporting the University’s
mission.
5. Continue the commitment to the University’s strategic plan
and established priorities.
UW System Perspective
2014-15 Annual Budget
(UW Must Fund)
Budget
Cut
$32.8 M
New Initiatives
$1.3 M
Pay Plan &
Ongoing:
$61.9M GPR
Cost-toContinue
$3.9 M
Fringe Benefits
$23.9 M est.
UW System Perspective
2014-15 Annual Budget
(UW Must Fund)
UW System Cuts …
$61,900,000
UW Oshkosh Share
$3,035,250
New Initiatives
$1.3 M
Budget Cut
$32.8 M
Ongoing:
$61.9M GPR
Cost-toContinue
$3.9 M
Pay Plan &
Fringe Benefits
$23.9 M est.
UW Oshkosh Priorities
2014-15 Annual Budget
UW Oshkosh
Share
UWS
Budget Cut
$3,035,250
STEP
$500,000
Ongoing Funds
$5,535,888 GPR
Equity-Based
Compensation
Adjustments
$1,500,000
University
Studies
Program
$500,000
Three Campus-Based Priorities
UW Oshkosh Priorities
2014-15 Annual Budget
2013-2014
Funds Reallocated
2014-2015
4 percent reduction
Yields
$2,368,000
UW Oshkosh
Share
UWS
Budget Cut
$3,035,250
STEP
$500,000
Ongoing Funds
$5,535,888 GPR
Equity-Based
Compensation
Adjustments
$1,500,000
University
Studies
Program
$500,000
Three Campus-Based Priorities
Planning Context and
Assumptions
The Nature of the Challenge
Fund Target:
$5,535,888 GPR
Less GPR from 4-percent reduction:
Less “basify” 2 priorities:
Less STEP (anticipated to be addressed):
Subtotal:
Anticipated to be Unaddressed:
$2,368,000
$2,000,000
$500,000
$4,868,000
$667,888
Transition Update
 Role of the Board of Regents
 Role of Campus-based Search and Screen
Committee
 Two Other Searches – Green Bay and Stout
 Timeline Issues – August 31 & Beyond
Chancellor Search &
Screen Committee
UW Oshkosh Committee
21 Members
Faculty
11
Academic Staff
2
Classified Staff
2
Students
2
Administration
2
Community
Representatives
2
Notes
Faculty Senate – Faculty will
Chair the Committee
Senate of Academic Staff
University Staff Council
Oshkosh Student
Association
1 from campus (2 names will
be submitted); 1 from UW
System
4 names will be submitted
Chancellor Selection
Process
August
April 2014
Position
March 31, 2014 Description
Campus-Based
Search and
Screen
SemiFinalist
Interviews
Late
Early
September or
September
Mid-August to
Early October
Finalists
September
System President Interviews Selection
and Board of
Decision
Regents
January 1, 2015
or as negotiated
Starting Date
Assumption of
Office
Managing Transitions – Wm. Bridges Model
THREE PHASES
I. LETTING GO
II. THE NEUTRAL ZONE
III. THE NEW BEGINNING
Change and Transition
Transition is a natural
process of disorientation
and reorientation that
marks the turning points
of the path of growth and
renewal
Wm. Bridges
What we call the beginning
is often the end. And to
make an end is to make a
beginning. The end is
where we start from.
T.S. Elliot
“Little Gidding”
Change and Transition
Endings




First phase of transition, a
precondition to a new beginning
A period of conflicting values
and emotions
A period of difficulty and pain
for some; it is “Giving Things Up”
and “Letting Go” (i.e. losses).
A period of excitement, hope
and opportunity for others
“Every beginning is a
consequence.
Every beginning ends
something.”
Paul Valery, French Poet
Change and Transition
The Neutral Zone:
 The period between endings and
beginnings.
 A temporary time of ambiguity,
uncertainty, personal anxiety,
disintegration and reintegration.
 A search for a new identity and
normalcy.
 A precondition for a new
beginning.
“It is not so much that
we’re afraid of change or
so in love with the old way,
but it’s that place in
between that we fear.”
Marilyn Ferguson
American Feminist
Change and Transition
New Beginnings:
 The period of renewal
 Acceptance of changed
circumstances
 Making a commitment to a
genuine new beginning.
 Getting on board.
 Enjoying the process of
personal and organizational
transition.
“The only joy in the world
is to begin.”
Caseare Pavese
Italian Writer
Change and Transition
The Overlap: Not everyone moves at the same rate
Ending
Neutral
Zone
Ne
Beginning
Change and Transition
Don’t be surprised by:
•
•
•
•
•
•
Peoples’ responses to the three phases of transition
Overreaction to the transition
Grieving and resistance
Flattery and opportunism
What you discover
Unrealistic and often conflicting expectations
Send your Feedback!
PLEASE COMPLETE BUDGET FORUM
FEEDBACK SURVEY AT:
http://tinyurl.com/uwosh2014
FORUM VIDEO AND DOCUMENTS WILL BE
ARCHIVED ON CHANCELLOR’S WEB PAGE SOON
Questions?
Thank you
Where excellence and opportunity meet.™