These minutes reflect discussion and debate at a meeting of a committee of the University of Minnesota Senate or Twin Cities Campus Assembly; none of the comments, conclusions, or actions reported in these minutes represents the views of, nor are they binding on, the Senate or Assembly, the Administration, or the Board of Regents.

 

Minutes

 

Senate Committee on Finance and Planning

Tuesday, April 6, 2004

2:30 - 4:15

238A Morrill Hall

 

 

Present:

 

Charles Campbell (chair), Brittny McCarthy Barnes, Stanley Bonnema, David Chapman, Daniel Feeney, Steve Fitzgerald, Thomas Klein, Joseph Konstan, Michael Korth, Cleon Melsa, Timothy Nantell, Kathleen O'Brien, Richard Pfutzenreuter, Terry Roe, Charles Speaks, Alfred Sullivan, Kate VandenBosch, Warren Warwick, Michael Volna, Susan Carlson Weinberg

 

Absent:

 

Calvin Alexander, Yi Li, Thomas Stinson, Susan Van Voorhis

 

Guests:

 

none

 

[In these minutes:  (1) budget principles for the University; (2) budget instructions and the 04-05 budget; (3) update on the new financial system; (1, continued) budget principles for the University; (4) statement about the transit strike]

 

 

1.         Budget Principles

 

            Professor Campbell convened the meeting at 2:30 and turned to the budget principles that had been forwarded by the Academic Health Center Finance and Planning Committee (AHCFP).  He noted that the Committee has been talking about this subject for a long time and has been asked by the President to discuss principles about how the University should proceed.  He wants to have changes in place by July 1, 2005.

 

            Professor Feeney explained that the AHCFP had tried to distill down the elements in the principles; they may sound like motherhood and apple pie, but there are significant principles embodied in the recommendation from the AHCFP.  The first two principles deal with IMG, the third calls for not hindering interdisciplinary activities, the fourth calls for an open discussion about the allocation of O&M funds, and the fifth discusses IMG.  The goal is to get things on the table and foster discussion with the central administration; the AHCFP proposal is an attempt to get the process jump-started.  They started to work on this about six months ago and now want to work through the governance process.  This Committee can decide what its views are and what to do with the principles.  He said that unlike others in the institution, the tenured faculty can take a critical look at the budget structure and say things that may be unpleasant.

 

            Professor Roe suggested it was important to discuss the process.  He said he did not see the Committee coming up with the "right" answer that directly helps to best allocate resources.  But the Committee can play a major and constructive role in helping to design a process whereby informed individuals knowledgeable of resource opportunity costs at the college level are part of this decision process.  IMG provides income streams and an incentive to be entrepreneurial; it also provides incentives to do things that may not be so good, such as teaching courses that other colleges might more appropriately offer.  There is a need to distinguish between income from undergraduates and from graduate students; much of the latter comes from research grants with the income transferred to the teaching budget and then back, but not all of it goes to research.  There was a time when the Graduate School did program reviews, which was a way to see complementarities across colleges and to access opportunity costs; that perspective is missing in the way the administration judges opportunity costs across colleges and could provide a mechanism for dialogue.  It would useful if the Committee could help provide the mechanism to accomplish that discussion.

 

            Professor Feeney related that he had had it on his list when he was FCC chair to look at IMG but was unable to get to it.  There are fundamentally different views about IMG across colleges.  IMG is centered on undergraduate teaching and does not work as well for units that do not have a lot of undergraduates.  The AHCFP would like to be sure everyone understands the implications of IMG for all units.

 

            Professor Konstan referred to the fifth principle, "fully attribute revenues to units generating them and allocate costs to units incurring them."  He said he was not sure it was possible ever to allocate costs fully, such as staff associated with central expenses.  One reaches the point where one decides it is silly to try to get to that level of detail.  The higher-level decision is whether the University wants an entrepreneurial model for budgeting.  Or does it value more of a core university idea, even if some units operate at a "profit" and subsidize some that operate at a loss?  He said he has not heard that question articulated; it could be done with the system before IMG and it still possible although harder to do with IMG. 

 

In terms of the first principle, "the University’s budget model should be accessible, predictable, and transparent," Professor Konstan said that predictability also needs to deal with the issue of reserves.  Ever since he has been at the University he has heard the rumor that the administration is going to take college and department reserves; it has never happened.  With respect to predictability, people will act irrationally if they fear the treatment that may be coming.  A corresponding question is where risk is managed--at the individual level, at the unit, the college, or the University as a whole.  From the faculty perspective, the faculty themselves must guard against risk (e.g., of needing to cover a period of reduced external funding) because they are not confident that departmental or collegiate reserves will be allocated to them for this purpose; the administration views the deans as having risk management responsibility.

 

Finally, Professor Konstan spoke about understandability.  The average person should be able to understand where the money is going, he said.  And there is nothing in the principles about system efficiency.  The decision was made not to include space in the original IMG model because it was not efficient to do the work necessary to include space for the small gain that would have been achieved.  These are the three items in his mind, he said, but the biggest one is the balance between the collectivist institutional approach (is the Medical School better off because there is a strong English department?) versus the entrepreneurial university (get what you can).

 

And it may be that English does not operate at a loss, Professor VandenBosch pointed out.  To have every department float on its own bottom is not desirable; there will be areas that require new investment that will not be self-sufficient, at least not for some time.  There will be other areas that need a sunset provision, but that cannot happen in one year because people's careers are at stake, but those units also will likely not generate enough revenue to pay their costs.  At the same time, while not every department needs to be entrepreneurial every year, it is unlikely that the University can completely abandon the entrepreneurial model, she concluded.

 

The "if you can catch it, you can eat it" model works if the market can distinguish between the knowledge a student gained from a course in field x taken in college y verse college z, and if there were no public goods whose provision to one means provision to all, yet the cost is borne by a college or department supplying the good, Professor Roe said.  But there has to be a mechanism to evaluate how important English, for example, is compared to other departments so there is a way to evaluate tradeoffs.  It is not possible to ever get it completely right, but one does not want huge errors in assessing tradeoffs, either.  IMG was instituted but it did not change the old rules or the externalities, and the system is getting out of balance.  Mr. Klein said that with respect to the "catch it, eat it" model, it could be consistent with the entrepreneurial model for a department that sees the need to run a deficit for several years to build up expertise or shift personnel, to have the capability in the budget system to allow it to do so. Decisions on whether to invest in a new area should be controlled where the knowledge is and should also be where the responsibility is.  The unit that should bear responsibility is the college, Professor VandenBosch maintained; departments shrink and grow within the colleges.  There could also be a central pool of funds for activities that are not within one college.  Having such central pool of funds that colleges and/or departments could have access to for investments in new programs or majors or courses, Mr. Klein added, would not run counter to a model that relied on entrepreneurial creativity to find solutions.

 

A basic conflict in the system as it now exists, Mr. Fitzgerald said, is the need to account for the costs of common goods, even with tuition all attributed to the colleges.  There has been an increased focus on common goods since the adoption of IMG, he said.

 

Professor Konstan made several points.  First, he noted that there used to be a Department of Linguistics in CLA but that it was eliminated.  As long as colleges make the decisions, Computer Science, for example, will have no say about whether or not it needed Linguistics. 

 

Second, the newspapers recently reported that the ranking of the MBA program has improved.  But never has there been a headline about the Carlson School doing a good budget job, bringing in tuition.  The University is supposed to be about quality; if Agricultural Economics is very good, it increases the quality of the students, which benefits everyone.  If it is not good, it attracts lower-quality students and has a negative effect on other units.  He said he has an idealized vision of the faculty thinking collectively about what is best for the University and so advising the President. 

 

Third, there is a need for incentives; people will not act without them.  But it should not just be dollars in equals dollars to spend.  Units have to be allowed to offer small classes that will increase quality.  Graduate tuition increases are doing terrible things to the long-term future and will cause students to go elsewhere because research funds will not spread far enough.  But there seems to be no way today to make a central decision to cut graduate tuition for the collective good of the University.

 

The budget principles from the AHCFP are too incremental, he concluded.  They are OK if one is committed to the distributed budget system; if one wants IMG 2.0, these principles will improve it, but they will not address the issue of having a different system that will increase the quality and rank of the University.

 

This Committee is the place to address these questions, Professor Campbell said, and it will then send its recommendations and views to the Faculty Consultative Committee and then to the Senate.  There is not enough of this kind of discussion; the Committee now needs to have it and to propose something.  It would be great if the Committee could put something on the table, and it can propose incremental change or that the University move in bold ways.  He said the discussion would continue later in the meeting, but now turned to Vice President Pfutzenreuter to discuss the budget instructions.

 

2.         Budget Instructions

 

            Mr. Pfutzenreuter handed out copies of an excerpt from the Phase II budget instructions and two tables outlining the major elements of the budget.  The goal for the 2004-05 budget, he explained, are to balance the budget as well as identify funds to invest in the future.  The President wanted to be sure there is an investment pool both this year and next.  Because most cuts were in the first year of the biennium, there are more investments slated for the second (next) year.  The academic investment pool for 04-05 will be about $9 million and the investment in students will be about $6.5 million, amounts that are about twice what they were in the current year.

 

            Mr. Pfutzenreuter next identified the "budget challenges" for the 03-04 and 04-05 years.  For the two years, faculty and staff met 15% of the total (salary freeze and health care costs), administrative and programmatic cost reductions accounted for 31% of the total, other revenues for 10%, and increased tuition and fees covered 45% of the total (totals 101% because of rounding).

 

The total budget problem in 03-04 was $128,600,000; there will be an additional shortfall of $63.9 million in 04-05.  For next year, increased tuition revenues will total $50.9 million; administrative/programmatic cuts will total about $12 million, and there will be a modest increase in revenues (primarily ICR) funds, all of which in total will cover the $63.9 million problem.  There will thus be budget cuts again next year, but they will not be of the same magnitude as for this year.  They are asking units to prepare two pages to identify what the impact of cuts will be so they can understand the problems.  They have had meetings thus far with OIT, Vice President O'Brien's office, and with the Controller's Office about what they will do if they must make cuts; the solutions range from cutting staff to delaying technology improvements to ending daily trash pickup.  There are dollar targets for each unit, about which they have been informed.

 

How honest are the units in reporting on the potential impact, Professor Konstan asked?  Do units always propose to close something that will be noticed, not something that will not?  There must be a temptation to cut what will make the University look bad.  Mr. Pfutzenreuter said he has not seen that at the University (although he has at other places).  People seem to manage around the margins.  This may be because there is no big cut to any one unit; the cuts amount to a few percentage points on the base.

 

            Professor Feeney noted again that there is a dramatically different effect across units when one talks about tuition and fees.  If a unit is tuition-driven, changes affect it.  Is it a conscious decision about tuition elasticity and the net effect of tuition increases, he asked?  It is, Mr. Pfutzenreuter said.  They prepare a large spread sheet with the effects of tuition, IRS assessments, compensation, and so on, on each unit.  They know who is advantaged and who is not by the decisions.  Everyone knows that if a unit is a high-tuition undergraduate college, it will fare better than units without high levels of tuition revenue.  The IRS affects all revenues and has a greater impact on units with lower total revenues.  The incentives are for departments to put as many resources as possible in tenured faculty, Professor Roe observed, or to otherwise make it appear that its funds are committed.  He said he was surprised there were no negative effects at the unit level.

 

            Professor Konstan said that the long-term consequence of substituting tuition revenue for state O&M funds in some colleges is to make those colleges more tuition-sensitive.  This can be seen as a benefit (as it often is by the low-tuition colleges) but can also be seen as a very large risk (as the high-tuition colleges often point out).   

 

Part of the challenge in the system now is that there are two levels of allocation, Professor Konstan said.  It could be rational for a college not to put all its funds in tenured faculty but at the same time it could be quite rational for a department, based on its view of the collegiate budget model, to do so.  The view from central administration about what is rational for the college may not translate to departments, which are then seen as not acting rationally.  The biggest item in a department budget is salaries, Professor Campbell observed, and he said he did not know of any department that could move more money into salary lines without the approval of the dean.  But it can be a long-term strategy to move resources that way, Professor Roe pointed out.  Professor Campbell agreed, especially because in virtually every discipline the University has a smaller faculty than its peers, because the University has more disciplines, so there is always pressure to increase faculty size.  When budgets must be cut, it is support expenses that are reduced, leaving a greater percentage of the budget in faculty positions--but without support staff and expenses, so faculty end up being their own staff.

 

Vice President O'Brien said, apropos Professor Konstan's vision about the faculty convening to arrive at collaborative solutions, that in the case of University Services people could do their jobs elsewhere but choose the University because they are committed to it.  They try to operate with as much effectiveness and efficiency as possible, and while perhaps not at 100%, it is high.  They are comparable to the faculty in their commitment to the University.  She also said that the President has as a high priority the service and productivity initiative; the University is not where it wants to be but is working on improvements.  About one-third of the positions eliminated last year were in University Services (which cut 150 positions, of which about 50 were held by people who were laid off).  As the Committee thinks about issues, she said, it needs to be aware of the reality facing the non-academic units. 

 

Professor Campbell thanked Mr. Pfutzenreuter for his report.

 

3.         Update on the New Financial System

 

            Professor Campbell turned next to Mr. Volna for a report on the new financial system. 

           

            Mr. Volna distributed copies of a PowerPoint presentation and noted that it had been several months since he had provided an update to the Committee about the new financial system.  The University has purchased a new system from PeopleSoft for about $9.5 million (about half of which is five years of pre-paid maintenance on all of the University's other PeopleSoft systems and which price included a healthy discount). 

 

They will approach implementation in two phases.  While the University negotiated a good deal from PeopleSoft, they understand that it would be difficult to proceed with a $20-million implementation project this biennium.  So the University has purchased the system and will spend about 18 months learning it before implementing it fully.  There will be no incremental costs and this approach will allow the University to make better choices for implementation.  Mr. Volna reviewed the goals and objectives and the business drivers as well as the vision statement. 

 

Mr. Klein asked if the system had an e-commerce component.  The University decided not to take advantage of that option, Mr. Volna said, because it emphasizes catalogues and has high maintenance costs (to keep the catalogues up to date).  The University could change its mind and purchase that option later.

 

Professor Konstan noted that the EGMS system is designed so the University can serve as a host and intermediary for smaller colleges that must interact with federal agencies.  Is that an option with the PeopleSoft financial system as well?  It is not something the University is planning on, although the system could accommodate it, Mr. Volna said.  Mr. Pfutzenreuter said this is not something the University would become heavily involved with because of security issues.

 

Mr. Bonnema observed that while Phase I would have no increase costs, Phase II, full implementation, would be more expensive.  Assuming they do not anticipate new sources of revenue, will this increased cost mean an increase in the enterprise tax, or an extension of the tax?  Mr. Pfutzenreuter said that it would likely extend the life of the tax, but not the amount.  What is the expected lifetime of the system, Professor Campbell asked?  Mr. Volna said that question was hard to answer but that this is a mature and flexible product and that it should last at least 10-15 years if the University keeps up the maintenance contract and purchases the upgrades.

 

Professor Campbell thanked Mr. Volna for the report.

 

1.         Budget Principles, Continued

 

            The Committee returned to the topic of budget principles. 

 

            Professor Konstan asked if it would be possible to imagine a model where budgets are mindful of human efficiency and development (companies build these things into their indirect costs; the University does not).  One complaint about the current model is that it pushes people to do everything, do it more cheaply, and makes work worse for everyone at the University.  If one were to hire a faculty member, it should be recognized that there is also need for a graduate student, a support person, and support in the department budget for things like travel.  The University does not budget for these things or think about them when preparing a budget.  When budgets are cut, productivity is cut across the board by taking away support staff or making things so unpleasant that people leave the University.  What would it mean if, when hiring a professor, a unit had to make an allocation of $200,000 to include staff and support in order for the faculty member to be productive?  It certainly happens with vice presidents.  At present the decisions are decoupled so there are units where faculty are starved for graduate students, making them less productive as teachers and researchers.

 

            Professor Campbell said that this subject has come up before.  A former vice president, who had been a dean, pressured departments, as they grew, to include a support structure.  This was last talked about around freshman seminars :  100 new faculty needed new support that amounted to the equivalent of support staff in two or three departments, but it was not provided.  This is a VERY important issue, he said, but in a time of diminishing funds to work toward the goal of providing support staff it requires incredible discipline to convert faculty salary funds into support staff and budget.  It is particularly difficult when most units are short in the number of faculty they need.

 

            During the industrial revolution, companies used machines to improve productivity so that instead of having 100 people working manually, they might have 50 people working more productively.  The University may handicap itself, internally and with the legislature, because it so often seems to maintain that its output, and therefore its productivity, cannot be effectively evaluated or measured.  If the University is to make a case that it is worth investing substantial funding in faculty support, then it also needs to make the case that it will have achieved more for the same dollars that way.  That means measuring reputation, quality of research, quality and quantity of students graduated, and other things that can be compared to show improved productivity.

 

One approach would be for the University to make available a fixed sum of dollars for units and let the units decide what is the best use of those funds, Mr. Klein said.  That proposal is based on a rational theory of decision-making, which may not apply, Professor Campbell said.  Then we have only ourselves to blame, Mr. Klein responded.  That is what the former vice president said, Professor Campbell pointed out.  When looking at the dollars generated, the University should be able to measure productivity.  If a unit receives a lot of grants, it will need a high level of human resources staffing; if it does a lot of teaching, it will need a different type of staffing.  There needs to be adequate staff to run the University, he said, but one cannot decide a priori what kind and how much. The rational decision-making model leaves these types of decisions up to the individual colleges or departments.

 

            Contrary to what Professor Konstan said, Professor Roe maintained, there are incentives for faculty to obtain outside research funds.  It would be interesting to know the nature of incentives other universities provide to encourage this activity.  Do they give PIs some of the ICR funds, which encourages them to get more grants?  But that incentive must be balanced against the need to provide undergraduate instruction.  Harvard, for example, only offers salary for seven months in some fields, with faculty expected to generate the remainder of their compensation.  In the 1980s there was a successful effort to obtain legislative funds to support graduate fellowships. The fellowships obtained seemed also to help increase the University's capacity to compete more effectively for grants and contracts.

 

            There seems to be the perception that IMG provides negative incentives for interdisciplinary teaching, Professor VandenBosch said.  That would not have to be.  How does IMG provide negative incentives?  Mr. Klein said he has spoken with a couple of people about this who believe that IMG could be tweaked, by a slight change in the formula, to change incentives.  There is information about the negative effects, Professor Feeney said, and it varies with what college is engaged with what college.  There are a number of examples identified by the AHCFP committee where individuals were asked to teach but provided no funds for.  It depends on how collaborative or heavy-handed the dean is.  Do they say no, Mr. Klein asked?  They do, Professor Feeney said, and the question is the impact those decisions have on majors and students.  It gets messy.  Perhaps there needs to be a mechanism to deal with people who game the system rather than overhauling IMG, Mr. Klein suggested.

 

            "IMG is busted," Professor Feeney maintained.  If one looks at the complexity of the budget instructions, the incentives being bled out of the system, the rewards for perverse behaviors, and the effects these things have on majors and students, one must conclude the system is broken.  It is an even bigger problem in the AHC (ICR and clinical revenues change the whole picture and it is a more complex system).  The AHC colleges have complained for years about the differential effect of tuition and taxes on their programs and there are instances where the number of interdisciplinary programs has declined as clinical revenues have been taxed away.  Right now there is a one-size-fits-all budget model that has a lot of band-aids instead of a multi-faceted model.  That model will lead to further deterioration in activities that are not tuition-driven because of the taxing system the University now uses.  Philosophy about this varies across the institution; those who benefit from IMG are entrenched and those who do not are also entrenched.  There is a need to get this issue on the table, he concluded.

 

            Professor Campbell said the Committee did not have good information on which to base a decision.  The NACUBO report described the debate.  A well-respected public institution on the west coast, where it was said that their health sciences units supported the English department, did a study and discovered that a lot of support for BOTH units was provided by the central administration--and in this case, it happened to be a financial wash.  He said that he could make the argument that CLA subsidizes other parts of the University because the traditional model of financing higher education calls for the student to pay one-third and the state to pay two-thirds; when CLA students may be paying 70% of the costs of their education, that means the state funds are going elsewhere in the institution, to other units.  The point is that if one takes a certain action, without good information, it may not be what the Committee thinks. 

 

            So everything depends on cross-subsidies, Professor Feeney asked?  The lack of accounting for subsidies and for overhead must be remedied before one can draw conclusions, Professor Campbell responded. 

 

            Professor Campbell also commented that ICR is "a losing proposition."  No grant that receives ICR funds covers the cost of doing the research.  The state subsidizes research.  And many grants do not pay any ICR or do not pay the full rate, and sometimes gifts are used to support research in order to avoid paying ICR costs.  The administration makes up the costs with state funds.  This is not bad, because research is part of the University's mission, but it must be recognized that if every tub is on its own bottom, there must be a calculation for common goods.  The rub is that the Committee does not have good financial information; one hopes the new financial system will help.  Even with better information, however, who decides on how he allocates his time, Professor Campbell asked rhetorically?

 

            The ICR rate is an average, Professor Roe pointed out; it could be that research in Political Science or Economics has an actual overhead cost of 12% and in other fields it might be 60% or more.  Professor Campbell commented that he is sure the ICR rate he pays on research grants is more than what his research costs the University. 

 

            Professor Feeney said the Committee should decide if it is in favor of conscious or unconscious decisions.  Many people thought that IMG would lead to more conscious decisions, with a warning about paying for common goods.  He said that decisions should be conscious, which is what the AHCFP is arguing for--rational decisions.  If one group is to subsidize another, that is OK, but it should be as the result of a decision.  There needs to be transparency of information, Professor Roe commented, to which Professor Campbell assented and added that if there is a subsidy, there should be good reasons for it.

 

4.         Transit Strike

 

            Professor Campbell reported that he had been asked if the Committee would take a position on the transit strike.  He said he had agreed to raise the question.  It is clear that the University population is a substantial user of transit, but it would be unusual for the Committee to take a position on a labor situation.  Are there any concerns about the way the University is responding to the strike, he asked?  Ms. McCarthy Barnes asked if the Committee took a position on the clerical strike; Professor Campbell said that the Faculty Consultative Committee had affirmatively decided it would NOT take a position.

 

            The Committee agreed that it would not take a position but that it would urge the two sides to continue to talk, and agreed by a 5-2 vote (with 3 abstentions) on the following statement.

 

The Senate Finance and Planning Committee encourages the parties to find sufficient common ground to bring them back to the negotiating table to end the MCTC transit workers bus strike.

 

            Professor Campbell adjourned the meeting at 4:30.

 

                                                                        -- Gary Engstrand

 

University of Minnesota