14 March 2006
Present: Crangle, Sparks, Cocchiarella, Staples, Fahey, Landry, Thurston, Levy, Shen, Boggess, Bernier, Hage, Huckins, Petz.
Alice gave the FBRC report; they are currently working on a student recruitment study that could give prove valuable in how to recruit more out-of-state students and with retention.
Julie Bernier gave a short update on the new Frost School of Continuing and Professional Studies, otherwise known as the evening division. She distributed an informational handout about the school, which will blend online and on-site instruction. Four-year degrees will be offered in Business Administration, Communication Studies and Criminal Justice, PSU’s three newest degree programs that are also currently the most popular majors of full-time students. The plan is to begin advertising on April 1st with the school officially launched in fall 2006. Departments are being encouraged to think about the need for faculty for these courses when they are planning their course schedules. They hope to have a dean on board by July 1.
The energy forecast as of March 13 looks like we’ll be at around a $450,000 deficit instead of the projected $700,000. This is due mostly to the mild winter. Oil prices have somewhat stabilized and we are now purchasing our oil at market price. The switch to NH Electric Coop power in the fall paid off nicely. We plan to continue that practice through December of next year, when the Coop’s prices are expected to rise. Purchasing is working with an energy consultant for recommendations on the bidding and contract process.
Bill presented the proposed student fees to the student government last weekend, who voted unanimously to accept the fees following an hour of good discussion.
In USNH news, Plymouth’s share of short term interest is going up $50,000 next year. This is a reward for our good planning and will go into our base budget for 2007.
Bill presented an enrollment and tuition income spreadsheet. He explained the process for forecasting future years’ class sizes and other projections that help guide our planning. Another sheet showed enrollment mix changes and their effect on revenue. Bill also handed out his budget and finance report for the end of February.
The budget prep team continues to work on reconciling salaries and financial aid and a few other things in the FY07 budget.
The next CBC meeting is Tuesday, March 28 at 8am in HUB 119.