Once it was determined that positions would need to be eliminated, we developed a process for identifying functions within the University that could be eliminated, realigned, reorganized or repurposed in order to realize permanent personnel costs savings.
We began by developing a set of guiding principles for our work:
We then identified factors that “limited” our ability to realize savings in the current fiscal year (FY14) such as the changing environment, efforts already underway including the Success Curriculum, budget commitments and reductions made in mid-FY13 that needed to be made permanent, the fact that we were already ending the first quarter of the fiscal year, and other requirements such as the implementation of the Affordable Health Care Act.
The Executive staff and the President reviewed their respective divisions and identified functions that could be eliminated, realigned, reorganized or repurposed. Working with Human Resources, they collectively discussed the preliminary ideas about which functions to eliminate or change and developed their preliminary plans.
The Vice Presidents and President reviewed positions that would be impacted by elimination, realignment, reorganization of repurposing of functions. Alternative assignments for affected employees were identified. Savings for planned actions were then identified and final decisions were made.
Human Resources then proceeded with execution of planned reductions of personnel, including appropriate communications.
Our targeted FY14 compensation reduction is about $2 million.
The estimated recurring compensation (salaries/wages and benefit costs) savings achieved through multiple organizational and position/functional realignment actions that were guided by the principles of (1) Focus on Core Mission, (2) Respond to Changing Environment, (3) Minimize impact upon current employees, and (4) Remain financially strong are:
No. Capital improvement projects are proposed by the University and funded by the State with funds authorized only for capital projects and outside of the funding formula used to support general operations. These capital funds are allocated for specific projects and are restricted to those purposes only.
The last capital budget bill included allocated funds to renovate the Administration Building to provide enhanced student lab and faculty office space for the Math Department, as well as administrative office space, money to renovate some of our classrooms, and funds for the "Founders Plaza" between the Administration Building and the Rhodes Athletic Center. The Founders Plaza project has been planned for several years as a needed maintenance to permanently address and repair shifting concrete on the old plaza, improve safety, and improve accessibility.
Capital dollars have decreased in recent years, which presents challenges for us moving forward as we look for ways to fund essential preventive maintenance, repairs, and renovations.