Faculty Assembly
University of Colorado at Colorado Springs
Faculty Assembly
UNIVERSITY BUDGET ADVISORY COMMITTEE and FACULTY BUDGET COMMITTEE
Budget Committee Report, presented to Rep. Assembly 3/19/99 (prepared by Richard
Blade)
1. The UBAC is receiving regular briefings on the current revenue and
deficit situation. Things look grim, with an additional rough $1M deficit
surfacing. The UBAC is still waiting for a presentation by the
administration on next year's proposed budget priorities.
2. The Faculty Budget Committee was recently convened at the request of
member Jim Mattoon of Biology. He is concerned over the continuing lack of
funds to support academic programs that are serving increased enrollment.
After much discussion, the Budget Committee put forth the resolution to the
Representative Assembly that will be presented under new business. See March 19 minutes for full text and discussion of this resolution.
3. Undoubtedly President Tom Zwirlein will discuss the $11.5M projected
deficit in the self-insured part of the health insurance program (the part
in which most university employees are enrolled). At a special meeting in
Denver March 11, we learned that the FACULTY on committees associated with
the health program have warned the administration for some time about
financial problems in the program. The history of the self-insurance speaks
for itself:
Beginning of 1996 there was a $17M surplus
At the end of 1997 there was a $2.7M surplus
At the end of 1998 there was a $5.5M deficit
At the end of 1999 we expect an $11.5M deficit
Next year there will be no self insurance, but the deficit still needs to
be covered.
4. Various TLE initiatives have been forwarded to Central Administration
for possible funding. The results will be known about April 15, and I
intend to publish all the information about this year's TLE budget
initiatives in a Budget Brief.
5. As you may have read in the Silver & Gold, UCD is upset about the CU
Foundation wanting much more contribution from the campus budgets.
Apparently there are no promises or even estimates of benefits arising from
these VERY LARGE increases. At the system-wide Faculty Budget Committee Jim Topping, the system-wide budget director, said Central was sensitive to the
campus complaints. I have requested that VCAF McDaniel look into the matter
at UCCS and report to the UBAC.
1. The UBAC is receiving regular briefings on the current revenue and
deficit situation. Things look grim, with an additional rough $1M deficit
surfacing. The UBAC is still waiting for a presentation by the
administration on next year's proposed budget priorities.
2. The Faculty Budget Committee was recently convened at the request of
member Jim Mattoon of Biology. He is concerned over the continuing lack of
funds to support academic programs that are serving increased enrollment.
After much discussion, the Budget Committee put forth the resolution to the
Representative Assembly that will be presented under new business. See March 19 minutes for full text and discussion of this resolution.
3. Undoubtedly President Tom Zwirlein will discuss the $11.5M projected
deficit in the self-insured part of the health insurance program (the part
in which most university employees are enrolled). At a special meeting in
Denver March 11, we learned that the FACULTY on committees associated with
the health program have warned the administration for some time about
financial problems in the program. The history of the self-insurance speaks
for itself:
Beginning of 1996 there was a $17M surplus
At the end of 1997 there was a $2.7M surplus
At the end of 1998 there was a $5.5M deficit
At the end of 1999 we expect an $11.5M deficit
Next year there will be no self insurance, but the deficit still needs to
be covered.
4. Various TLE initiatives have been forwarded to Central Administration
for possible funding. The results will be known about April 15, and I
intend to publish all the information about this year's TLE budget
initiatives in a Budget Brief.
5. As you may have read in the Silver & Gold, UCD is upset about the CU
Foundation wanting much more contribution from the campus budgets.
Apparently there are no promises or even estimates of benefits arising from
these VERY LARGE increases. At the system-wide Faculty Budget Committee Jim Topping, the system-wide budget director, said Central was sensitive to the
campus complaints. I have requested that VCAF McDaniel look into the matter
at UCCS and report to the UBAC.
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