Report of the Faculty Assembly Budget Committee,
1. The Vice - Chancellors have just finished presenting their budget requests and
justifications for the next budget cycle to UBAC. As usual, the amount needed far exceeds
the amount available. As the income side becomes firm - state support, base budget
enhancement, tuition - a rank ordering of initiatives will take shape.
2. Next week, the Budget Committee will meet with the Chancellor and VCAA to discuss
salary pool. Initial indications give that amounts will be available for TIAA/CREF
enhancement, promotion increases, unit merit, extraordinary individual merit,
compression/equity, and of course, regular merit.