COMMITTEE: University Budget Committee

MEETING DATE: April 16, 2009

PERSON PRESIDING: Tim Gavin

REGULAR MEMBERS IN ATTENDANCE: Gavin, DelVecchio, Meloth, Treadwell, Fraley

EX-OFFICIO MEMBERS: Fusaro, Vanderpool, Gaddis, Anne Jenkins (for Seitz)

Seitz and Vail-Smith notified the chair that they would not be in attendance. Harrell was ill. Carl Twarog was in attendance for Bickley-Green.

Agenda Item: Approval of the Minutes.

Action Taken: The Minutes from March 19, 2009 were approved.

Agenda Item: Terry Holland, Director of Athletics and Nick Floyd, Associate Director of Athletics provided a presentation that included a listing of the revenue sources and expenses for Athletics. Athletics does not receive state support. Athletics lost $1 million or about 4% of budget due to a reduction in student fees and $400,000 in capital gifts. Football season tickets account for a substantial portion of Athletics revenue and AD Holland projects $1 million less in ticket sales for 2009. The Olympic Sports project is slated to begin this summer, which includes creation of new sports facilities for softball, track and field, and soccer. AD Holland mentioned that expansion of the football stadium was currently on hold. AD Holland stated that neither project would entail state funding. The committee asked questions regarding the impact of lost football ticket sales revenue on the overall Athletics budget.

Agenda Item: Kemal Atkins, Vice Provost for Student Affairs provided a presentation about the auxiliary and state budgets that comprise his area. The majority of revenue comes from fees. While only state funds were reduced due to the budget shortfall, Vice Provost Atkins considered ways to save costs across all revenue streams as good practice. It was noted that this might be a good time to invest in student housing as the cost of construction and financing are low. Additional revenue streams being considered are expansion of the meal service to more off-campus students (currently there are 5400 on-campus students) and increased restaurant opportunities. Housing is profitable given the current cost structure.

Agenda Item: Gavin motioned for approval of UBC 2008-2009 recommendations to Chancellor Ballard. Foley seconded. After discussion and revision, the motion passed.

Agenda Item: DelVecchio motioned for approval of the UBC 2008-2009 Annual Report. Treadwell seconded. After discussion and revision, the motion passed.

Agenda Item: Gavin motioned to cancel the extra meeting of the UBC April 23, 2009 and move this business (Health Sciences) to 2009-2010. DelVecchio seconded. The motion passed.