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2009-10 General Fund Budget

BUDGET PRESENTATION Academic Senate – July 29, 2009 Michael Ortiz, President Ed Barnes, Vice President for Administrative Affairs Marten denBoer, Provost.

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2009-10 General Fund Budget

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  1. BUDGET PRESENTATIONAcademic Senate – July 29, 2009Michael Ortiz, PresidentEd Barnes, Vice President for Administrative AffairsMarten denBoer, Provost

  2. BUDGET PRESENTATIONAcademic Senate – July 29, 2009Michael Ortiz, PresidentEd Barnes, Vice President for Administrative AffairsMarten denBoer, Provost

  3. CSU budget reduction - $584 M. For Cal Poly Pomona, $584M translates to a $30.8M permanent base budget reduction Enrollment target for CPP reduced from 17,816 to 16,123 (9.5% -- 1,693 FTES) 2009-10 General Fund Budget

  4. Impact of $30.8 Million Reduction • Fewer Class Sections • Compensation Contribution • Furloughs will make up about one-half of the reduction in 2009/10 • Reduced level of service • Permanent reductions to department and division operational expenses, including student assistants, travel, supplies and equipment

  5. Next Steps • Develop and implement plans to reduce the operating budget for the campus by $30.8 million • Develop department and division plans for FY 2009-10 and 2010-11

  6. BUDGET PRESENTATIONAcademic Senate – July 29, 2009Michael Ortiz, PresidentEd Barnes, Vice President for Administrative AffairsMarten denBoer, Provost

  7. Academic Affairs 2009-10 Budget • Prior Year Base Budget $91.2 million • Expected Reduction $20.3 million • Resulting Budget $70.9 million Permanent Faculty Salaries $45.0M Temporary Faculty $7.4M Permanent Staff $12.5M Temporary Staff $0.4M Management $3.8M Assigned Time $1.1M Operating $4.3M Credit for Benefits Savings -$3.0M

  8. Overall Measures • Reducing course offerings to campus FTES Target for 2010-11 Estimated Savings: $5.7 million • Furloughs for faculty, staff and administrators Estimated Savings $8.6 million Furloughs in Academic Affairs give us a year to work toward long-term solutions.

  9. Additional Measures Additional Savings Needed $6 million 25% reduction in operating expenses beyond 25% already taken in 2008-09 This could include: • General Operating expenses down $0.75M • Student Assistants expense down $0.30M • Travel expense down $0.10M Assigned Time funding down 50% $0.70M Total Savings Estimated $1.85 M

  10. Remaining Gap $4.15 million Increase class size • Raising student-faculty ratios about 8% - saves $3.5 million Use carry-forward funding • One-time dollars

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