AHC F&P Committee

August 25, 2005

Minutes of the Meeting

These minutes reflect discussion and debate at a meeting of a subcommittee of the AHC Faculty Consultative Committee; none of the comments, conclusions, or actions reported on these minutes represent the views of, nor are they binding on, the Senate or Twin Cities Campus Delegation, the Administration, or the Board of Regents.

MEMBERS PRESENT: Dan Feeney (chair), Tim Church, Thomas Shier, Timothy Walseth, and Lynda Young

EX OFFICIO PRESENT: Beth Nunnally

REGRETS: Joan Liaschenko

OTHER: David Hagen, Stewart McMullan

[In these minutes: Update on Financial Comparisons. Discussion on the Budget Model, Revenue Distribution, and Space Costs.}

Professor Feeney called the meeting to order at 4:30 p.m.

As a first item of business Professor Feeney raised the issue of space rental and usage costs under the new Enterprise Financial System. This portion of the discussion was off –the- record and is not part of these minutes.

Next, Associate Vice President Nunnally, CFO, distributed an update to the Financial Comparisons Update for fiscal year 2000 through fiscal year 2004. Ms. Nunally called attention to additional slides, which provide summary information related to tobacco revenues and state special allocations. A correction was noted for Chart A series 5(1) will be made by Professor Nunnally. The report was reviewed in its’ entirety and approved with corrections noted. The corrected report will be posted on the web. Professor Feeney asked that the link for this report be sent to the AHC FCC and F&P committee members during the third week of the semester.

Next, Professor Feeney raised the issue of assessments under the new budget model. There was discussion regarding the elimination of the IRS assessment ( i.e. in lieu of allocation of costs) but there was a question raised regarding the status of the Enterprise assessment in the new budget model. It was suggested that Professor Feeney follow up with the budget model committee, regarding the status of the Enterprise assessment in the new budget model now under development.

Professor Feeney said the committee would also evaluate how student services and fringe costs would be charged in the new budget model. Some discussion followed on the areas of life insurance, FICA contributions, and fringe benefit related expenses.

Next, Professor Feeney called for a discussion about agenda items and/or goals for the committee in 2005-2006, in addition to the financial model for use of classrooms and other educational space. This discussion focused on capital replacement issues scheduling, ownership of space, and related practices and policy.

Professor Feeney noted that classroom management systems would be a regular item on the committee’s agenda for the coming year. The first task of the committee will be to develop a Classroom Model. The committee will dedicate the next several meetings to developing principles for a Classroom Model. Professor Feeney has begun a discussion related to these goals via email, with Professor Morrison, the Chair of the Senate Finance and Planning Committee. Professor Feeney will send his communication to committee members. Professor Feeney will also speak with Ms. Peg Brown regarding classroom scheduling in the AHC.

Hearing no further business, Professor Feeney adjourned the meeting at 6:00 p.m.

Sara Balick

University Senate Office