February 19, 2008
University of the Pacific
Minutes, February 19, 2008
Taylor Conference Room
Call to Order: 2:13 p.m.
Present: Brodnick, Burk, Byl, Cavanaugh, Dodson, Frederick, Gilbertson, Griego, King, Klunk, Krise, Lackey, Leland, Perrot, Spreer, Swagerty
Not Present: Foster, Schmidt, Williams
Special Guest: Bob Murta
Minutes: Minutes of January 15th were approved as distributed.
The Draft Budget Recommendations for FY09 will be delayed. The President has not made any final decision regarding tuition increases, as well as, a few other minor issues. Currently, there is a tentative schedule for the President to meet with Cabinet this coming Friday, Feb. 22nd and possibly present the 'Cabinet Proposal' of the Recommendations to IPC on Tuesday, Feb. 26th.
IPC will meet again on Tuesday, Feb. 26th at 2 pm in a special meeting focused on the Budget Recommendations.
Reports and Current Agenda Items:
McGeorge School Budget Recommendations
Next year's budget will be similar to this years. Dean Parker is performing a reevaluation and reviewing undertaking the long-term plan that the faculty adopted back in 2002 that has been an excellent vision and direction for the school, but without looking at the budgetary impacts and constituencies that are involved. In reevaluating they will look at what has been accomplished, how we integrate human and financial resources, and following the goals based on Pacific Rising. Currently, we have three areas of distinctiveness, with new directors in place who are reviewing plans for those centers.
There has been a decline over the past several years for law school applications nationwide, overall McGeorge will accept a smaller enrollment to have students with a higher GPA to maintain ratings with US News.
In comparison with other law schools McGeorge is at the median of California private law schools. The tuition for entering students at McGeorge is 7th among the fifteen ABA accredited private law schools in California. McGeorge has implemented a 5% increase for FY 07/08 and is recommending a 6.5% increase for FY08/09.
The CalPAP four-year contract is projected to generate $1.5M - $3M revenue. This is slightly down due to reductions in other contract activity, as well as, a conservative estimate for the first year. Based on the services that the Law School has provided, CalPAP has been very pleased. Over the course of the four-year contract it is projected to total $127M in gross revenue, subject to handling anticipated number of cases each year. This revenue represents approximately 5.2% of the Law School's total revenue budget.
In order to align the three campuses regarding student services McGeorge is implementing a health plan like the one here at Stockton. McGeorge will offer the same plan andimplement a mandatory ($1,050.00 for both semesters) health plan policy for students.
Proposed expenditures budget enhancements for McGeorge are:
- Strengthen enrollment to improve student quality, selection and geographic diversity by increasing FY09 financial aid another $225K.
- Attract and retain outstanding faculty and staff with salary adjustments. 3.5% average increase for both faculty and staff, $250K to begin implementation of compensation changes for faculty and staff and $67K increase for the overload stipend for faculty teaching more than 12 units.
- Strengthen current and develop new academic programs of distinction-enhance the library collection by $110K.
- Build financial capacity through fundraising, investment and budget-nearly $179K will be allocated including FY09 to the Main Campus. Projecting $3.2M.
Fundraising for the library has been slow for the McGeorge pertaining to the renovation of their library. At this time the projected surplus has been spread among other areas such as, investing in the Library program. Final decisions as to where this surplus (approximately $2M) will be utilized will become available after the Regent's meeting in April.
McGeorge is ranked the top 20 of law schools nationwide in diversity. McGeorge is very active and working very hard in requiting diverse students amidst intense competition.
Adjourned: 3:13 p.m.
Next meeting: February 26th in the Taylor Conference Room