The committee invited Anne Hoover (Director of Academic Affairs) to the meeting to discuss the budget timeline. Ms. Hoover provided the committee with a copy of the 2017-2018 Academic Affairs Campus Budget Calendar (attached).
During the discussion with Ms. Hoover, several items were discussed:
- • Out of state tuition is increasing at UNF.
- • Promotion and Tenure costs are the biggest recurring expense.
- • It is expected that ~$7M in requests will be received with the ability to fund ~$2M.
- • A detailed discussion of the process by which funding is assigned was held.
- • Based on this discussion, it was recommended that the committee next meet with Jay Coleman for an update of the budget assignment process.
Alan will invite Jay Coleman to attend our next meeting.