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Pay Restoration Proposed
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FEBRUARY 27, 2004 -- The university administration plans to ask the Board of Control to restore the salaries and wages of those affected by the recent pay cuts, CFO Dan Greenlee told the University Senate Feb. 25.
"Because faculty and staff compensation is our highest priority, based upon the improved projected condition of the general fund, the Executive Council will recommend to the Board of Control the restoration of the furlough compensation reduction," he said.
The recommendation was made after a periodic review of general fund revenues and expenditures. Based on the latest figures, the administration has determined that the general fund can be increased by approximately $4 million through transfers between other funds without compromising the university's overall financial condition.
That leaves the general fund with a projected year-end deficit of $1.8 million for this fiscal year, rather than the $6.3 million anticipated in November. If salaries are restored, the deficit would increase to about $2.9 million.
An ad hoc committee formed to look into the budget has also determined that the general fund deficit would be $1.8 million, Greenlee said. Senate President Robert Keen serves on that committee, which is chaired by Board of Control Member Rodger Kershner.
"We were estimating much harsher times" when the furlough program was enacted, Greenlee said.
Under the program, administrators, faculty and nonunion staff have had their annual pay reduced by the equivalent of five working days. The pay reduction was expected to save the university about $1 million and affects 732 employees.
Greenlee cautioned that next year, the university could still face some tough choices. "If I were doing back-of-the-envelope calculations for next year, I'd say we were looking at a $4.5 million to $5.5 million deficit," he said.
In other business, the senate
* returned Proposal 6-04, Wireless LAN Strategy and Policies, to committee to be split into three different proposals as suggested by Pickens. The new proposals are expected to address wireless spectrum usage policy, a campus-wide wireless network, and the use of local area networks.
* approved Proposal 19-04, Suspension of the AAS Degree in Chemical Engineering Technology; Proposal 20-04, which allows graduate certificates to be awarded; Proposal 21-04, Suspension of the BS Degree in Mining Engineering; Proposal 22-04, which amends the policy on minors; and Proposal 23-04, Graduate Certificate in Sustainability. For more information on the proposals, visit http://www.sas.it.mtu.edu/usenate/propose/2003-04.html
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