View
4
Download
0
Category
Preview:
Citation preview
2017 InstitutionalProgram Review
Introduction
Institutional Program Review provides an institutional perspective regarding Stockton’s planning and budget process • Holistic vs. segmented• Focused on the future vs. past
Fall 2016: divisional requests
February 2017: mini budget retreat
March 2017: full strategic planning retreat
President’s Remarks
Key Points
Fall 2017 Enrollment Outlook
State Appropriations
Current Financial Overview
Next Five Years
Fall 2017: Undergraduate
NJ Overall: +40% +45%
+40%
+42%
+33%
+41%
SE/SW Shore
Central East
NortheastCentral/NW
Central/SW
997
1,080
889
402
1,266
Admitted Freshman and Transfer Students – By NJ Region
Enrollment Deposits = 678 (vs. 411 last year) +65%
Fall 2017: Graduate
Two New Graduate Programs for Fall 2017• MAED‐CE Program (alternate route)
• MS in Data Science and Strategic Analytics‐ Pending AIC approval Spring 2017
Applications SubmittedAdmitted StudentsEnrollment Deposits
11% 21% 26%
Direct State Appropriations
$19.84 $19.84 $19.84$18.39 $18.39
$10.00
$12.50
$15.00
$17.50
$20.00
$22.50
FY13 FY14 FY15 FY16 FY17
Millions
Direct State Appropriations
24%21% 20%
16% 15% 14% 14% 13% 12%10%
0%
10%
20%
30%
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Net DeficitFY17* FY 16 FY15
Oper. Revenues $207,000,000 $ 203,947,085 $ 200,281,231
Oper. Expenses $202,600,000 $ 201,548,815 $ 197,751,135
Oper. Surplus $4,400,000 $ 2,398,270 $ 2,530,096
Deferred Maint. $ (9,000,000) $ (9,691,243) $ (8,834,686)
Net Deficit $ (4,600,000) $ (7,292,973) $ (6,304,590)
*Estimated through end of FY17; Accrual basis accounting
FY18 Priority Requests
Total = $13,715,625• Operating = $3,125,625
• Capital = $10,590,000‐ Maintenance & Renovations‐ Technology Upgrades & Replacements
6% increase vs. FY17
President’s Remarks
The Next Five Years
The Next Five Years
Projected Expenses • Modest inflationary increases• Increased academic funding to support
enrollment growth• $9 million for deferred maintenance per year• Additional funding for expansion plans
‐ Academic Quad (Spring 2018)‐ Atlantic City Gateway Project (Fall 2018)
The Next Five Years
• 2% annual increase in total headcount• 2% annual increase in tuition & fees
• Ongoing multi‐million dollar budget deficit‐ Possible ratings downgrade‐ Reduced operating budgets‐ Less $$ for campus maintenance
Current Model: moderate enrollment growth
Projected Result:
Projected Revenue and Expenses
$189.3
$200.3 $203.9 $207.0 $212.4
$222.4 $227.4
$232.5
$195.5
$206.6 $211.2 $211.6
$218.5
$231.6 $235.5 $238.9
$150
$160
$170
$180
$190
$200
$210
$220
$230
$240
$250
FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21Revenues* Expenses *Excludes investment income
Millions
The Next Five Years
• 4% annual increase in total headcount • 2% annual increase in tuition & fees
• Stockton can eliminate its budget deficit• Includes $4 million for faculty lines • Proper maintenance of campus facilities, which
means a positive impact on student experience
New Model: strategic enrollment growth
Projected Result:
Projected Revenue and Expenses
$189.3
$200.3 $203.9 $207.0 $214.8
$227.3 $235.1
$243.1
$195.5
$206.6 $211.2 $211.6
$219.5
$233.6 $238.6
$243.1
$150
$160
$170
$180
$190
$200
$210
$220
$230
$240
$250
FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21Revenues* Expenses
Millions
*Excludes investment income
Comparison of Two Models
8,099 8,1598,339 8,439 8,486
8,835
9,205
9,595
10,000
8,6568,829
9,0059,186
7,500
8,000
8,500
9,000
9,500
10,000
10,500
FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21
2% Annual Growth
4% Annual Growth
The Next Five Years
• Quad, AC Gateway, and Manahawkin represent 25% increase in space capacity
• Strategic Enrollment Management Team‐ Analyzing dozens of ideas‐ Recommending 2020‐type fund to support academic & marketing initiatives
Cabinet is carefully studying what resources are needed for Stockton to grow to 10,000 students
Academic Affairs
Guiding Principles
Diversity and Inclusion• Each future class will be more diverse than
the one before.• We need to be ready to serve them well.
Ambitious Enrollment Growth: 10,000 by FY21• We will be smart and strategic.• We will align resources with enrollment goals.
Enrollment Growth
We need to grow and we will.• Galloway• Atlantic City• Manahawkin• Hammonton• Woodbine
Atlantic City Campus
Atlantic City Taskforce/AC Operations• 10 Academic Program Proposals • 20 Co‐curricular and Academic Support Proposals
Academic Plans for Fall 2018 Opening• Master of Social Work• Business Studies• Hospitality and Tourism Management• Organizational Leadership • LIBA, Community Leadership and Civic Engagement
Effective Resource Alignment
Existing Resources
FY18 & FY19 Requests
$5,252,295 New Requests Received
$1,478,703 New Requests Forwarded
$1,023,643 New Requests Still in Play
Existing Resources Re‐aligned: Ongoing
Faculty
New in AY 17‐18• Vera King Farris Visiting Professorship• Health Science Faculty (Manahawkin)
New in AY 18‐19• Computer Science• Exercise Science• Counseling Psychology (?)
Faculty
From Existing Resources in AY 17‐18• Writing• Mathematics• Business• Criminal Justice• Computer Science• LEAD
From Existing Resources in AY 18‐19• To Be Determined
Staff
New in AY 17‐18• Communication Disorders• Nursing• Academic Affairs Internship Coordinator
New in AY 18‐19• Simulation Laboratory Technician
From Existing Resources in AY 17‐18• TBD – align with support for Enrollment
Non‐Salary
New Items Related to Accreditation• Attending Veterinarian• Training
New Items Related to Existing Enrollment Growth• Business, NAMS, GRAD, Advising, Library
New Items Related to Future Enrollment Growth • LEAD, GRAD
Student Affairs
Divisional Goals
Maximize quantity and retain the quality and diversity of our new students
Support students’ personal and interpersonal growth, in concert with Stockton’s ELOs
Provide professional development opportunities Develop and expand technological resources Administer and assess programs and services in
light of emerging higher education trends
Key Objectives Integrate Strategic Enrollment Management Plan
(SEMP) 4.0 Annual recruitment plan refinement and
execution Promote inclusion and equity
Enhance co‐curricular experience for all students
Diversify content delivery (social media, mobile devices)
Implement “Innovation Hubs”
Operating Budget Requests
$55,831 Athletics Hourly
$129,900 Athletics Non‐Salary
$29,300 Student Affairs Non‐Salary
$215,031 Total
Auxiliary Budget Requests
$71,500 Increase to ARMC Contract
$15,000 EMS Annual Technology Licensing
$16,500 LAP Adaptive Technology
$103,000 Total
Administration and Finance
Administration and Finance
Administration and Finance supports the operations of Stockton based on the following themes:• Communication• Customer Service• Collaboration• Compliance
Plant and Facilities
$562,313 Salaries for Quad (14 positions with fringe phased‐in during FY18)
$80,000 Operating (maintenance system & real estate due diligence)
$360,000 Utilities Increase & Addition of Quad
$50,000 Rothenberg Building
$1,052,313 Total
Capital Budget Request
$4,087,000 Existing facilities repairs, replacements, upgrades (deferred maintenance – ADA compliance)
$1,703,000 Campus housing maintenance
$3,000,000 Seaview maintenance & renovation
$8,790,000 Total
Information Technology Services
Information Technology Services
ITS supports the operations of Stockton based on the following core values:• Service Excellence• Reliability• Innovation• Security
ITS is committed to providing first‐rate service and end‐user satisfaction to the entire community
Non‐Salary Operating Expenses
$215,000 Telecommunications
$10,000 ITS Support Services
$30,000 Academic Computing
$85,000 Enterprise Computing
$75,000 Institutional Support
$415,000 Total
Position Requests
Event Support / Video Production
Security Operations Technician
Business Intelligence Report Writer
Student Worker Funding for Production Services
Total Position and Salary Request: $283,600
Capital Project Requests (p. 1)
$350,000 Academic Equipment Replacement$75,000 Telephone Switch Upgrade
$250,000 Wireless Expansion & Upgrade$125,000 Business Intelligence Reporting Tool$225,000 Network Equipment Replacement$200,000 Firewall IDS
Capital Project Requests (p. 2)
$60,000 Datacenter Server Replacement$40,000 Productions Renovations
$110,000 West Quad A/V Upgrade$75,000 Network Router
$280,000 Sports Center A/V Upgrade$10,000 I‐Wing Gym A/V Upgrade
$1,800,000 Total ITS Capital Request
President’s Office
President’s Office
Aligning Priorities
Atlantic City Campus
AC Operations Team has 7 working teams developing key goals and implementation plans
300+ meetings, presentations, interviews, and events central to Stockton’s Atlantic City Campus
Survey of faculty, staff and graduate students to determine housing interests (results in April)
Exploring “University District” designation
President’s Office
A New Wave of Opportunity
Institutional Research
Developing modeling tool for retention of undergraduate students based on:
• Student Characteristics
• Academic Performance
• Financial Aid
• Campus Affiliations
Institutional Diversity & Equity
Continue collaborative efforts to review and revise current search processes for faculty and managerial positions, including:
• Search Advocate Program
• Expanding relationships with external sources
Development
Looking Ahead
• No additional funding requested for FY18
• Increase Alumni Engagement
• Women’s Leadership Council
• Focused Fundraising Efforts on Atlantic City
• Stockton’s first “Day of Giving” – Fall 2017
University Relations & Marketing
University Relations & Marketing
University Relations & Marketing
University Relations & Marketing
0
1000
2000
3000
4000
5000
6000
7000
8000
Oct 23 ‐Oct 29
Oct 30 ‐Nov 5
Nov 6 ‐Nov 12
Nov 13 ‐Nov 19
Nov 20 ‐Nov 26
Nov 27 ‐Dec 3
Dec 4 ‐Dec 10
Dec 11 ‐Dec 17
Dec 18 ‐Dec 24
Dec 25 ‐Dec 31
Jan 1 ‐Jan 7
Jan 8 ‐Jan 14
Jan 15 ‐Jan 21
Jan 22 ‐Jan 28
Jan 29 ‐Feb 4
Feb 5 ‐Feb 11
Feb 12 ‐Feb 18
Feb 19 ‐Feb 25
Feb 26 ‐Feb 28
Control Campaign
From November 6 – February 28, the Choose Campaign accounted for 55% of all unique pageviews to the Admissions landing page
Philly.com startedOpen House 12/4
Minimal buys runningChristmas/New Year holiday
AmeriList E‐blastPhilly.com begins 2nd phase
Campaign wraps up
Campaign begins
Visits (unique pageviews) ‐ AdmissionsControl (/admissions) vs. Campaign (/choose)
October 23, 2016 ‐ February 28, 2017
University Relations & Marketing
University Relations & Marketing
Major Budget Requests:
• $180,000 to support integrated marketing communications plan for Atlantic City
• $60,000 to support Transfer advertising and recruitment
Panel Discussion
Q & A
What is the greatest challenge your division/office will face in FY18?
What is the greatest opportunity your division/office will face in FY18?
Question and Answer Session
Thank you forjoining us today!
Recommended