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Eastern Ad-Hoc Budget Committee
Minutes
December 1, 2010
Connecticut Room, Gelsi-Young Hall

 

Attendance: Pat Banach, Karyl Bulmer, Karen Collins, Dennis Hannon, Drew Hyatt, Kristin Jacobi, Brian Lashley, David Mariasi, Diane Moore, William Newell, Elsa Núñez, Dimitrios Pachis, Reece Painter-Payne, Michael Pernal, William Salka, Robert Wolf

Absent: Dave Bachand, Jennifer Brown, Pat Christadore, David Cummings

Meeting commenced at 10:00 am

Motion to accept the revised minutes of the previous meeting (Banach, Wolf - Passed)

FY 2010 Pre Audited Results

  • A review of the pre-audited results of FY 2010, showed an increase of $1.5 million in our bottom line over our revised March projection due mainly in part to savings in personnel costs, equipment, and a reduction in debt service.
  • As in prior years, the Operating E&G funds were subsidized by Auxiliary Services.
  • Eastern’s Major Performance Trends & Budget Indicators
  • Tables of Eastern’s major performance trends and budget indicators were distributed to the committee. The tables included information regarding the FTE of Full-time Enrollment, housing occupancy by hall, an analysis of the south residential village, the general fund distribution for new facilities money, and utility costs for the last six years.

BOT Strategic Topics

  • Committees were formed at the System Office and including various members of CSUS to discuss BOT Strategic Topics.
  • AVP Howarth is a member of the Work Group for Priorities 1 and 2: Operating CSUS in Light of Severe Budget Reductions, and Identifying New Efficiencies and Practicing Exemplary Stewardship. He distributed copies of Eastern’s Energy Efficiency and Cost Reduction Strategies.

Work $mart

  • Since June 2010, eight Work $mart ideas have been submitted.
  • We need some ideas to get Work $mart going again.
  • A sub-committee was formed consisting of the following members: AVP Howarth, William Newell, Diane Moore, Pat Banach, and Reece Painter-Payne.

FY 11 Budget Update

  • The mid-year review of FY 11 is in progress and is due to the System Office on January 12.

New Business – General Discussion All

  • The next meeting for December 22 has been cancelled. Notification will be sent out with the schedule of the Spring semester meetings.

Meeting adjourned at 11:30 am

Respectfully submitted,

 

Karyl Bulmer
Financial Specialist