Budget Updates, 2011December 15, 2011 Regents approved tuition and fee rates for 2012-2013Meeting telephonically Dec. 8, the state Board of Regents approve tuition and fee rates and faculty professional development assignments for 2012-13, and gave the final green light to the College of Human Sciences' School of Education. December 8, 2011 2012-2013 tuition rates on regents' docketWhen it meets Thursday afternoon in Ames, the state Board of Regents will be asked to approve tuition and fee rates for next year and a proposed School of Education in the College of Human Sciences. December 1, 2011 Twenty initiatives receive central fundingAbout $4.6 million in matching funds from ISU units will leverage about $4.7 million in central funds to cover 20 new initiatives this year grounded in the university's strategic plan. The one-time funding awards vary in size from $24,000 to $1 million. November 3, 2011 Regents lament another tuition increaseMeeting Oct. 27 in Cedar Falls, the state board of regents gave a reluctant first look at proposed tuition increases for next year. October 27, 2011 Regents meet Thursday in Cedar FallsProposed tuition rates for 2012-13, strategic plan and economic development progress reports, and several proposed building names are among the ISU items on the state Board of Regents Oct. 27 meeting agenda. October 20, 2011 How has the budget model worked? Share your ideasCommittee members tasked with reviewing the performance of the three-year-old resource management model will host two noon forums to hear from the campus community. Ask questions and share your observations and experiences on what's working and what's not with the budget model. October 6, 2011 First look at FY13Executive vice president and provost Elizabeth Hoffman lays out funding priorities and summarizes funding requests to the state for next year in her first budget memo to ISU leaders for the FY13 budget cycle. September 29, 2011 Central funding will support new initiatives: Apply by Oct. 14A new funding request process awards dollars from the central Institutional Excellence Fund to units or interdisciplinary teams for new initiatives grounded in the university's strategic plan. Proposals require a cash or in-kind match of undefined size. Requests are due Oct. 14. September 1, 2011 How well has the budget model worked?The process of collecting input on Iowa State's 3-year-old budget model begins in earnest with a Sept. 23 half-day symposium and continues with interviews, focus group sessions and open forums later in the semester. Learn how you can share your thoughts on the model. August 11, 2011 Regents sign off on FY12 budgetMeeting Aug. 4 in Cedar Falls, the state Board of Regents approved the university budget for the year that began July 1. July 14, 2011 Strong enrollment will bolster FY12 budgetBudget Memo No. 5, distributed in early July from the provost to campus leaders, contained two pieces of good news: Projected tuition revenue, due to higher than previously anticipated fall enrollment, has crept upward, and cuts to state appropriations were not as severe as had been anticipated this spring. The net effect is a projected FY12 operating budget that's larger than last year's. See story. July 6, 2011 Geoffroy comments on FY2012 state appropriationsIn a July 1 letter to faculty and staff, President Geoffroy noted that Iowa State's total reduction in state appropriations for FY2012 will be 5.1%, which includes a 3.63% reduction in the educational budget, loss of one-time funds and 6% cuts in all other appropriations. Geoffroy noted appropriations are better than anticipated, but added managing the reduction will be difficult, as it reduces state appropriations to approximately the same level as FY1994. June 6, 2011 Assessing the Resource Management ModelAfter three years of working with the Resource Management Model, Iowa State University will review how it is impacted the university. The university community is invited to participate in the review and to send comments to budgetmodel@iastate.edu or use the anonymous online form. April 21, 2011 Planning memo for FY12 budget sets salary parameters, early reduction targetsIn her latest budget planning memo to campus leaders, executive vice president and provost Elizabeth Hoffman sets salary increase parameters, writes about strong enrollment in the fall and lays out possible funding scenarios from the state for next year's budget. See memo (PDF). March 1, 2011 Geoffroy: Cuts would be 'debilitating'In recent op-eds in the Ames Daily Tribune (Feb. 26) and Iowa State Daily (March 1), President Geoffroy discusses efforts ISU has made to manage a $62 million reduction in base-budget state appropriations over the past two years. If budget proposals currently being debated are enacted, the cuts will climb to $72 million or more, jeopardizing the university's ability to educate students, do groundbreaking research and serve Iowans through extension, Geoffroy said.Feb. 10, 2011 Geoffroy: Continued cuts would jeopardize progressPresident Gregory Geoffroy reaffirmed Iowa State's commitment to its land-grant mission and the people of Iowa, but told legislators that continued budget cuts are jeopardizing the university's progress. Geoffroy testified before the Iowa Legislature's education appropriations subcommittee at the State Capitol Feb. 9. Feb. 10, 2011 Regents take first look at proposed 2011-12 tuition ratesDuring the Feb. 3 state Board of Regents meeting, Iowa State officials proposed a tuition increase next year of 5 percent for resident students and 3.5. percent for nonresidents. The regents are expected to make a decision on the tuition request at their March 23 meeting. Feb. 4, 2011 Budget situation uncertainVarious budget proposals under consideration by the governor and state lawmakers and an Iowa House-passed measure to limit tuition and fee increases to no more than the previous year's Higher Education Price Index are creating a "highly uncertain situation" for the FY2012 budget, Geoffroy said in a Feb. 4 e-mail to faculty and staff. Geoffroy has asked the University Budget Advisory Committee and the deans and vice presidents to conduct budget planning under several possible scenarios. Jan. 13, 2011 New salary adjustment policy takes effect this weekA new university policy that addresses pay increases for faculty and P&S staff goes into effect Jan. 14 and will be part of developing next year's university budget. Executive vice president and provost Elizabeth Hoffman introduces the new policy in her most recent budget memo (PDF). |
Where to send your commentsSend your comments about the budget to: budgetcomments@iastate.edu. President's memos |