Minutes of Meeting

Budget Advisory Committee Thursday, January 14, 2016 at 11:00 AM

Location: Psychology Conference Room, Bldg 51, Rm 3202

Call to Order:

The meeting was called to order at 11:00 a.m. by Richard Patterson, co-chair.

Members Present:

Krista Paulsen, Richard Patterson, Bruce Kavan, Alan Harris, Adel El-Ansary, Sam Kimball

Members Absent:

Stacy Boote

Others Attending:

Jay Coleman, Associate Provost
  • Approval of the Minutes
    Minutes from November 11, 2015 meeting were unanimously approved.
  • New Business/Announcements/Other Discussions
    Associate Provost Jay Coleman attended to update the committee on the current UNF budget and how the BOG performance metrics affect UNF.

    In the last budget cycle, UNF received about $4.6 million in performance funding. Of this money about $1.5 million was allocated for essentials and the remaining amount has been placed in reserves due to uncertainty of the BOG performance metric funding.

    Dr. Coleman then discussed several of the BOG performance metrics currently used to determine SUS ranking for performance metrics. Of these metrics, retention rate is the most important. STEM fields also play a major role in the performance metrics, and he said for the metrics STEM also includes areas of strategic emphasis at the state level and any areas that are determined to have a gap in the current marketplace.

    For the remainder of the meeting, Dr. Coleman discussed an early draft of budget request items for 2016-2017 including possible requests for positions, other recurring expenses and non-recurring expenses.
  • Adjournment & Next Meeting
    The meeting adjourned at 12:00 Noon.
    Our next meeting will be Thursday, February 18, 2016 at 12:00 Noon with Provost Traynham joining us as a guest.