Jan 262010
 
Authors: Madeline Novey

CSU departments and colleges will present the first in a series of in-depth public discussions regarding the entire university budget where officials will detail and gather feedback about adjustments for fiscal year 2011 today from 8 a.m. to 5 p.m.

Deans and department directors face a number of challenges in budget drafts, which ride the coattails of a rough year in terms of financing for Colorado’s colleges and universities.
The presentations, to be held in the Lory Student Center’s North Ballroom, represent a commitment to higher levels of university transparency, which CSU officials have said over the last year is of utmost importance, given the tall fiscal hurdles of the economic downturn.

“I think everyone has a stake in how Colorado State University is doing, and from a Faculty Council perspective, we are strong believers in shared governance,” said Vice Chair of the Faculty Council Tim Gallagher. “We appreciate the opportunity to have our voices heard about budget issues.”

Today’s discussions come just after CSU released its second annual report outlining university finances compiled from audit reports and internal spending reviews.

And while the process of increased openness started before current President Tony Frank took his place at CSU’s helm, CSU spokesperson Brad Bohlander said Monday it is “certainly reflective of the culture Dr. Frank has created.”

Though all of the budget information has been available throughout the years, it has never been produced as one, comprehensive package to the university community, Bohlander said.

“The main thing this (Financial Accountability Report) does is display that the university, from a financial standpoint, managed well,” he said, “ … and that the university is being very good stewards of the funds they receive.”

Modeled after a similar state financial report, the FAR for fiscal year 2009 contains audited financial statements showing the various sources of CSU’s revenue –– state appropriations, capital gifts, student tuition and grants and contracts, among others. The report also illustrates CSU’s expenses, with the largest portions devoted to paying for research and academics.

Of the three power house colleges in Colorado, CSU and the University of Northern Colorado are the only two that release a package of budget details to their constituents.

CU-Boulder has financial information available for anyone who requests it but does not release a report detailing revenues and expenditures, CU spokesperson Bronson Hilliard said. He lauded CSU for its effort to produce such information.

By making financial statistics available not only to CSU administration, but faculty, staff, students, donors and legislators, the university hopes to involve as many voices as they can in current and future budget discussions, Bohlander said.

News Managing Editor Madeline Novey can be reached at news@collegian.com.

Schedule

8 to 8:15 a.m. Welcome and Overview
8:15 to 8:30 a.m. College of Agricultural Sciences
8:30 to 8:45 a.m. College of Business
8:45 to 9 a.m. College of Engineering
9 to 9:15 a.m. College of Liberal Arts
9:15 to 9:30 a.m. College of Veterinary Medicine & Biomedical Sciences
9:30 to 9:45 a.m. College of Natural Sciences
9:45 to 10 a.m. Break
10 to 10:15 a.m. College of Applied Human Sciences
10:15 to 10:30 a.m. Warner College of Natural Resources
10:30 to 10:45 a.m. University Libraries
10:45 to 11 a.m. Information Technology
11 to 11:15 a.m. Graduate Affairs
11:15 to 11:30 a.m. Undergraduate Affairs
11:30 to 11:45 a.m. Enrollment and Access
11:45 to noon Outreach and Strategic Partnerships
Noon to 1 p.m. Lunch Break (lunch not provided)
1 to 1:15 p.m. International Programs
1:15 to 1:30 p.m. Student Affairs
1:30 to 1:45 p.m. Research
1:45 to 2 p.m. University Operations
2 to 2:15 p.m. Advancement
2:15 to 2:30 p.m. Break
2:30 to 2:45 p.m. Public Affairs
2:45 to 3 p.m. President’s Office
3 to 3:15 p.m. ASCSU
3:15 to 4 p.m. Wrap up and Closing Remarks

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