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CAMPUS FORUM

WISCONSIN’S 2015-2017 BIENNIAL STATE BUDGET & TRANSITION UPDATE

WEDNESDAY, FEBRUARY 26, 201411:30 A.M. - SAGE 1216

4:00 P.M. - SAGE 1214

The Biennial Budget Puzzle

Tuition

Share

of Costs

Cost to Continue

New Initiatives

Compensation

Operating

Budget

StandardBudget

Adjustments Capital BudgetFinancial

Aid

Compliments to UW System for this Puzzle Conceptualization

Statutory

Language

Debt Service

Lapses

Reductions

Board of Regents Request

TuitionShare

of Costs

StatutoryLanguage

Cost to Continue

New Initiatives

Operating

Budget

StandardBudget

Adjustments

Student Financial AidHigher Educational Aids Board

TuitionShare

of Costs

StatutoryLanguage

Cost to Continue

New Initiatives

Operating

Budget

StandardBudget

Adjustments

FinancialAid

Governor’s Executive Budget

TuitionShare

of Costs

StatutoryLanguage

Cost to Continue

New Initiatives

Debt Service

Operating

Budget

StandardBudget

Adjustments

FinancialAid

Capital Budget

TuitionShare

of Costs

StatutoryLanguage

Cost to Continue

New Initiatives

Debt Service

Operating

Budget

StandardBudget

Adjustments

Capital Budget

FinancialAid

State-Funded Compensation

TuitionShare

of Costs

StatutoryLanguage

Cost to Continue

New Initiatives

CompensationDebt

Service

Operating

Budget

StandardBudget

Adjustments

Capital Budget

FinancialAid

Final Legislative Budget

TuitionShare

of Costs

Lapses

StatutoryLanguage

Cost to Continue

New Initiatives

CompensationDebt

Service

Operating

Budget

StandardBudget

AdjustmentsReductions

Capital Budget

FinancialAid

UW System Diamond Chart

UW Oshkosh Diamond Chart

UNIVERSITY OF WISCONSIN OSHKOSH

2013-14 OPERATING BUDGET $250,173,654 total

[$194,173,654 without Direct Lending]

Total Budget: $250,173,654

Federal Funds $84,990,802

Gifts, Grants & Contracts $4,798,395

Auxiliaries $48,190,873Other Operational Receipts $2,596,592

Combined Total: $50,787,465

GPR + Tuition/Fees Total: $109,596,992

GPR$43,120,790

Tuition/Fees$66,476,202

44%

34%

2%

20%

56%

17% 26%

39%GPR

61%Tuition/Fees

100%CombinedSubtotal

Focus on the Relative Allocation GPR v. Tuition/Fees

CurrentData

+ =

Slide From Last YearUnderstanding our

Uncommitted Reserve

$3 million rainy day fund – Why and How Used? Addressed unanticipated fluctuations in

enrollment numbers Addressed unexpected changes in financial

planning assumptions Addressed key areas of campus initiative and

re-investment

Inside Story:Fund Balance Fiasco …

$27.2 million fund balance and reserves Public outcry Major political consequences What were the audit results?

Legislative Audit Bureau

Program Revenue Balances by Level of Commitment

(as of 06-30-2012)

Levels of Commitment

LAB Audit Findings: $27.2 million fund balance

40.5%: Planned balances (program revenues)

38.2%: Designated balances (targeted commitments)

9.8%: Obligated funds (commitments)

11.0%: Reserve balances (emergencies, contingencies)

0.4%: “Undocumented” $136,000

Inside Story:Fund Balance Fiasco …

1. Value employees and abide by contracts, policies and established procedures.

2. Budget for activities that are central to the mission, add value, or are required.

3. Protect the direct instructional undergraduate and graduate teaching mission.

4. Protect the integrity of services supporting the University’s mission.

5. Continue the commitment to the University’s strategic plan and established priorities.

UW OshkoshBudget Principles

UW System Perspective2014-15 Annual Budget

(UW Must Fund)

Ongoing: $61.9M GPR

New Initiatives$1.3 M

Budget Cut

$32.8 M

Cost-to-Continue$3.9 M

Pay Plan & Fringe Benefits

$23.9 M est.

Ongoing: $61.9M GPR

New Initiatives$1.3 M

Budget Cut$32.8 M

Cost-to-Continue$3.9 M

Pay Plan & Fringe Benefits

$23.9 M est.

UW System Cuts … $61,900,000UW Oshkosh Share$3,035,250

UW System Perspective2014-15 Annual Budget

(UW Must Fund)

UW Oshkosh Priorities2014-15 Annual Budget

STEP$500,000

UW Oshkosh ShareUWS

Budget Cut$3,035,250

University Studies

Program$500,000

Equity-Based Compensation Adjustments$1,500,000

Ongoing Funds $5,535,888 GPR

Three Campus-Based Priorities

UW Oshkosh Priorities2014-15 Annual Budget

STEP$500,000

UW Oshkosh ShareUWS

Budget Cut$3,035,250

University Studies

Program$500,000

Equity-Based Compensation Adjustments$1,500,000

Ongoing Funds $5,535,888 GPR

2013-2014Funds Reallocated

2014-20154 percent reduction

Yields$2,368,000

Three Campus-Based Priorities

“Basif

ied”

Prioriti

es

Planning Context and Assumptions

The Nature of the Challenge

Fund Target: $5,535,888 GPR

Less GPR from 4-percent reduction: $2,368,000

Less “basify” 2 priorities: $2,000,000

Less STEP (anticipated to be addressed): $500,000

Subtotal:$4,868,000

Anticipated to be Unaddressed: $667,888

Transition Update

Role of the Board of Regents Role of Campus-based Search and Screen

Committee Two Other Searches – Green Bay and Stout Timeline Issues – August 31 & Beyond

Chancellor Search & Screen Committee

UW Oshkosh Committee21 Members Notes

Faculty 11 Faculty Senate – Faculty will Chair the Committee

Academic Staff 2 Senate of Academic Staff

Classified Staff 2 University Staff Council

Students 2 Oshkosh Student Association

Administration 2 1 from campus (2 names will be submitted); 1 from UW

System

Community Representatives

2 4 names will be submitted

Chancellor Selection Process

March 31, 2014Campus-Based Search and Screen

April 2014Position Description

Search and Screen Committee

Committee Work - March to September

AugustSemi-Finalist Interviews

Mid-August to SeptemberSystem President and Board of Regents

Early SeptemberFinalistsInterviews

Late September or Early October

Selection Decision

January 1, 2015 or as negotiated

Starting Date Assumption of Office

System President and UWS Board of Regents

Managing Transitions – Wm. Bridges Model

THREE PHASESI. LETTING GOII. THE NEUTRAL ZONEIII. THE NEW BEGINNING

Change and Transition

Transition is a natural process of disorientation and reorientation that marks the turning points of the path of growth and renewal

Wm. Bridges

What we call the beginning is often the end. And to make an end is to make a beginning. The end is where we start from.

T.S. Elliot “Little Gidding”

Change and Transition

Endings First phase of transition, a

precondition to a new beginning A period of conflicting values

and emotions A period of difficulty and pain

for some; it is “Giving Things Up” and “Letting Go” (i.e. losses).

A period of excitement, hope and opportunity for others

“Every beginning is a consequence.Every beginning ends something.”

Paul Valery, French Poet

Change and Transition

The Neutral Zone: The period between endings and

beginnings. A temporary time of ambiguity,

uncertainty, personal anxiety, disintegration and reintegration.

A search for a new identity and normalcy.

A precondition for a new beginning.

“It is not so much that we’re afraid of change or so in love with the old way, but it’s that place in between that we fear.”

Marilyn Ferguson American Feminist

Change and Transition

New Beginnings: The period of renewal Acceptance of changed

circumstances Making a commitment to a

genuine new beginning. Getting on board. Enjoying the process of

personal and organizational transition.

“The only joy in the world is to begin.”

Caseare PaveseItalian Writer

Ending

The Overlap: Not everyone moves at the same rate

Change and Transition

Ne

Neutral Zone

Beginning

Don’t be surprised by:• Peoples’ responses to the three phases of transition• Overreaction to the transition• Grieving and resistance• Flattery and opportunism• What you discover• Unrealistic and often conflicting expectations

Change and Transition

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