RESOLUTION
concerning
RETROACTIVE FUNDING FOR THOSE UNIVERSITIES
THAT DID NOT IMMEDIATELY RECEIVE FULL FUNDING
DUE TO THE TEN-YEAR PHASE-IN OF THE TUITION
AND GENERAL FUND DISTRIBUTION METHODOLOGY
IMPLEMENTED IN FY1996
November 2, 2006
WHEREAS, In FY1994-95, the Board of Trustees, pursuant to its statutory authority, reviewed the then-existing distribution methodology for tuition and general fund dollars, and adopted new formulas for distribution via BR #95-53, BR #95-51, and BR#96-68, and
WHEREAS, The Resolutions required that the new allocation methodologies be implemented over a period of ten years, in order to minimize the adverse impact on Western of the significant shift of funds among the Universities that would be caused by the implementation of the new models, and
WHEREAS, BR#99-32, implemented in June of 1999, accelerated the implementation of the new methodology for general funds and CSU Grants, so that it would be accomplished in six years rather than ten with no retroactive funding, for those Universities slated to receive greater allocations than under the "old" methodology (Central, Eastern, and Southern), and
WHEREAS, Western, which was gradually receiving lower allocations of funds under the ten-year implementation schedule, continued on the schedule originally established, and
WHEREAS, In FY2000, the simplified distribution formula currently in use was adopted by the Board through BR#2000-53, and the phased-in methodology was abandoned, and
WHEREAS, Because of the phasing-in of the new methodology during the FYs 1996-2000, Central did not receive a total of $3,274,733 in funding that it would have obtained had the distribution methodologies been fully implemented immediately, Eastern did not receive a total of $4,267,517, and Southern did not receive a total of $419,979, therefore be it
RESOLVED, That these funds be reimbursed to Central, Eastern, and Southern according to the attached repayment schedule, using the sources of funds named in the schedule.
A Certified True Copy:
David G. Carter, Sr.
Chancellor
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