October 11, 2011
Institutional Priorities Committee
Minutes of October 11, 2011
3:00pm - 5:00pm
DUC 211 A & B
Present: Gene Pearson, Maria Pallavicini, Mary Lou Lackey, Patrick Cavanaugh, Peg Ciccolella, Bob Murta, Nejat Duzgunes, Jin Gong, Elizabeth Griego, Chris Johnston, Peter Meyer, Susan Giraldez, Dan Shipp, Kelli Page, Ashton Datcher, Mike Wright, Robert Brodnick Marcus Perrot
Absent: President Eibeck, Lewis Gale, Ted Leland
Guests: Roy Bergstrom, Edward Pegueros
Call to Order: 3:04pm
Minutes: Minutes for the September 27, 2011 meeting were approved.
Review of FY13 Budget Request Presentation Schedule: Pearson reminded the committee that FY13 budget request presentations begin on October 25th with presentations by University Development and the Division of Student Life. External Relations and Business & Finance will present on November 8th.
Preview FY13/14 Budget Income and Expense Assumptions [Stockton campus]: Perrot presented preliminary budget income assumptions for the Stockton campus including: enrollment assumptions, tuition and mandatory fees [including comparison with Pacific's standard, aspirant, and tuition peers], financial aid, and net tuition estimates. Expense assumptions reviewed included: possible salary adjustments, employee benefits costs, debt service, and other required expenditures including the administrative fee and utilities.
Preview of FY13 Income and Expense Assumptions:
Dugoni School of Dentistry: Bergstrom presented enrollment and tuition assumptions for the multiple programs of the dental school, as well as student fees, and financial aid assumptions. Expense assumptions included salary adjustments, and other expenditures.
McGeorge School of Law: Murta stated that there has been a significant decline in the number of employment opportunities for recent graduates. This change has led to a nationwide the drop in the number of applicants to law schools. This fall there was a significant drop in the number of students taking the October LSAT. He reviewed the decline in J.D. enrollment at the law school since FY11. He reviewed revenue and expense assumptions based on different fall 2012 enrollment projections.
Review Evaluation System for FY13/14 Budget Requests: Brodnick reviewed the standardized criteria and rubric for the prioritization/ranking process that the committee will use after the budget presentations. He suggested that there might be a need to develop a scoring rubric to the criteria to help prioritize the requests. He also reviewed the template for submitting budget requests. Pearson reminded the Vice President's that in addition to FY 13 budget requests, they are to submit a brief update on FY12 funded items.