9 September 2003
Tinnell, Staples, Landry, Bernier, Hage, Mathis, Thurston, Sparks, Davis, JPClark, Moore, Crangle.
Bill Crangle explained the membership structure of the committee to new members.
Dan Moore was elected CBC chair.
This year’s CBC Executive Committee will be Bill Crangle, Dan Moore, and John P. Clark.
2004 Goals and Objectives Matrix: (sent to members in email prior to meeting) Bill Crangle briefly discussed the original long-range goals. Questions were taken, one of which underlined the need for finalization of the new official list of comparator institutions. Nick mentioned that the draft list of comparators is much smaller than the original, which will allow for more effective study of similar schools.
Bill explained that the University Planning Committee is responsible for setting the strategic direction for the university. The Campus Budget Committee’s job is to fund those directions.
Other questions sparked a mini-discussion on faculty salary issues. That topic is scheduled to be addressed later in the fall
Policy development may be added to discussion topics scheduled for the spring (April-May), along with a much needed long-term financial plan.
The ongoing NEASC accreditation could drive a few changes in the Strategic Plan, especially in the area of assessment, which could, in turn, affect the work of the CBC.
Please review the Work Plan for 2004 and email Dan Moore or Bill Crangle with any changes or additions that you feel are needed.
Bill reported that the 2003 budget ended in the black. Discussion on that is planned for the next meeting.
Bill offered an orientation meeting for the new members. Nancy Pettengill will contact them to set up a session.
The meeting time will remain on second and fourth Tuesdays from 8-9:30am. Location will be confirmed asap. The Faculty Resource and Budget Committee (FBRC) will meet at this time next Tuesday to plan their meeting schedule.
Several significant issues stand out for the FY 2004 budget. The mix of in-state and out-of-state students has swung more towards in-state, which means less tuition dollars. The legislature finally came to an agreement on the budget on September 4th. It is basically the same budget proposed back in June, in which in-state tuition will remain at a 6.7% increase. Benefits continue to be a problem causing a six million dollar USNH deficit. That fund must be brought back into the black with a built-up reserve. Finally, $200,000 will be restored to our R&R (repair and replacement) account.
The next CBC meeting is Tuesday, September 23 at 8am. Location will be announced.