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FY19 Budget Summit College of the Sciences Tim Englund

FY19 Budget Summit College of the Sciences Tim Englund.

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FY19 Budget Summit College of the Sciences Tim Englund

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  1. FY19 Budget SummitCollege of the SciencesTim Englund The mission of Central Washington University is to prepare students for enlightened, responsible, and productive lives; to produce research, scholarship, and creative expression in the public interest; and to serve as a resource to the region and the state through effective stewardship of university resources. Qualified faculty and staff create a community that encourages and supports the emotional, personal, and professional growth of students from a variety of backgrounds. 

  2. College of the Sciences Our Mission The College of the Sciences prepares students for enlightened and productive lives through the intertwined endeavors of learning and research in the classroom, laboratory, and field. As practitioners of scientific inquiry, students and faculty create and apply knowledge to solving human, social and environmental problems. The college values instruction, research, and service as interdependent activities that enable human curiosity and discovery.

  3. FY18 Financial Information Last Year’s Presentation: Actual Amount = $75,706

  4. College of the Sciences *Excludes 149 Faculty Development Funds provided by Provost to the colleges. Includes Local General Funds. **Includes summer. This is all SCH prior to the 70/30 RCM allocation split.

  5. FY19 Financial Information FY18 Carry Forward: $761,790 + FY19 Net Income: $555,604 = FY19 Carry Forward: $1,127,771 - Course Fees: $189,623 Misc Encumbrances: $83,000 June Summer Profit: $277,602 ______________________________ “Available” FY19 Funds: $747,653

  6. FY19 Budget Impacts • And it hasn’t been just hack ‘n slash! • COTS Investments: • First year of Yearlong Exploration of Social Science Program (YESS) implementation • Full-time secretarial support for ENST & IEM • Primate Captive Care Certificate online • Faculty Early Career Grants • Undergraduate Research Grants • Graduate Assistantships

  7. FY19 Budget Impacts • And it hasn’t been just hack ‘n slash! • Students and Faculty continue to do big things: • LAJ in Mexico • New Field Schools in Ecuador and Bhutan • Generous Benefactors (Record Year!): • $1.8M for scholarships in Math, Physics, Biology & Chemistry • 3-barrel brewing system for CRBW

  8. FY19 Budget Impacts • What keeps me awake at night: • The Efficiency Target rollover money is 1-time only. • Efficiencies erode without continual vigilance. • Big costs are on the horizon. Some of these we know about and are preparing for. Some we don’t and aren’t. • Student Credit Hours (# of students x # of credits = SCH) are fickle and this year is not looking great for COTS.

  9. FY19 Budget Impacts • What to do with $750,000? • Be Responsible! • COTS Programmatic Strategic Reserve Fund • COTS Equipment Strategic Reserve Fund • Invest in innovations! • You tell me (us) your ideas.

  10. Thank you!

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