March 28, 2006

April 12th, 2011 by JJ

28 March 2006

Present: Crangle, Cocchiarella, Fahey, Landry, Levy, Hage, Petz, Sparks, Thurston.

Bill distributed a packet of USNH strategic indicators. The board of trustees wanted a smaller set of indicators that could realistically drive decisions. The board will have another discussion on the resulting eighteen indicators on April 20 at PSU. After explaining the format of the document and some minor discussion of several indicators, Bill focused for this meeting on the financial indicators.

The 10th indicator, operating margin, is key to all the financial indicators. This is the amount that at the end of each year becomes the bottom line. Bill noted that our budgeting and the system’s accounting methods differ enough that it is difficult to reconcile them. He hopes to eventually match our accounting method to that of the USNH. Bill’s discussion went on to include indicators 11 through 13, unrestricted net assets to operations, unrestricted net assets to debt and total financial resources per FTE student.  The board, at the next meeting, will comment on whether they think our indicator targets are realistic.

The above discussion took the entire meeting time. The next CBC meeting is Tuesday, April 11 at 8am in HUB 119.

Featured in Plymouth Magazine

Example Image

The Best Job Perk Ever

 An Interview with Donald Hall ■ Diane Jeffrey ’97, Director of the Silver Center for the Arts When I tell people that I am director of PSU’s Silver Center for the Arts, they often say “That sounds like fun!” Not only do I confirm their suspicions, I often tell them about the fascinating people I […]

Example Image

Coach for a Day

Dean of the First-Year Experience Mark Fischler is a professor, mentor, and friend to countless students. But this past September, he was also a coach for the Panther football team.

Example Image

From Korea with Gratitude

When Dan Lee stepped off the plane in California back in 1990, the 20-year-old South Korean émigré was seeking the American dream. After earning an advanced degree in economics, he accepted a job offer at PSU, believing the small-town New England setting would be a good place to raise his young family. As an associate […]