RESOLUTION

concerning

FY2007-08 INSTITUTIONAL SPENDING PLANS AND

AUTHORIZED EXPENDITURE LEVELS

FOR

MANAGEMENT & CONFIDENTIAL PROFESSIONAL PERSONNEL

AND SUOAF-AFSCME ADMINISTRATORS

July 27, 2007

WHEREAS,          Pursuant to the provisions of Section 10a-89(a) of the Connecticut General Statutes, the Board of Trustees shall “...subject to state-wide policy and guidelines established by the Board of Governors of Higher Education,...(1) Make rules for the government of the Connecticut State University system and shall determine the general policies of the university system, including...the expenditure of the funds of institutions under its jurisdiction within the amounts available;...” and

WHEREAS,          Board Resolution 92-31 provides that each university and the System Office shall submit a fiscal year spending plan proposal to the Board of Trustees for its approval, and

WHEREAS,          The spending plan proposal is required to project overall university expenditures and proposed spending levels for full-time positions by major fund source and National Association of College and University Business Officers (NACUBO) program classifications, and

WHEREAS,          Each university and the System Office has submitted spending plans for fiscal year 2007-08 to the Board of Trustees which are summarized in Attachments 1 through 3, and

WHEREAS,          The Board of Trustees has reviewed and discussed the spending plan proposals with the four University Presidents and the Chancellor, and finds the FY2007-08 spending plans appropriate to the System’s present fiscal circumstances, and

WHEREAS,          The Board approves an overall spending level for all funds except for federal and private grants, bond funds, and intra/inter agency funds, therefore be it

RESOLVED,         That each President and the Chancellor shall ensure adherence to the approved spending plan, maintaining expenditure control within the spending caps established for SUOAF-AFSCME, and Management and Confidential Professional personnel categories, and be it further

RESOLVED,         That the following levels of spending for each university, the System Office and Systemwide Operations are authorized for fiscal year 2007-08 and can be changed upon approval by the Chancellor, except for the System Office and Systemwide Operations which must be approved by the Board Chairperson:

                             System Office                                                   $        5,058,484

                             Systemwide Operations                                               13,852,415

                             Central Connecticut State University                            164,906,436

                             Eastern Connecticut State University                             87,878,526

                             Southern Connecticut State University                         167,020,954

                             Western Connecticut State University                            89,497,472

           NOTE: Excludes  federal and private grants, and bond funds

                             and be it further

RESOLVED,         That the above authorized spending levels have the following effect upon the reserves of each University and the System:

                             System Office                                                  $                 0

                             Systemwide Operations *                                         (1,772,772)

                             Central Connecticut State University                              134,194                           

                             Eastern Connecticut State University                             520,002

                             Southern Connecticut State University                                    0

                             Western Connecticut State University                             105,166

                               NOTE: Excludes, federal and private grants, and bond funds

                           * Systemwide Operations includes transfers from reserves of $1,611,000                        

                               and be it further

RESOLVED,         That the University Presidents are authorized to establish and refill positions within approved spending caps, and be it further

RESOLVED,         That the following expenditure caps are placed on the SUOAF-AFSCME bargaining unit for each university, the System Office and Systemwide Operations for fiscal year 2007-08:

                             System Office                                                   $           60,855

                             Systemwide Operations                                               2,980,660

                             Central Connecticut State University                            15,456,853

                             Eastern Connecticut State University                             8,957,056

                             Southern Connecticut State University                          13,649,390

                             Western Connecticut State University                            8,560,425

                             and be it further

RESOLVED,         That the following expenditure caps are placed on the Managerial and Confidential Professional personnel for each university, the System Office, and Systemwide Operations for the fiscal year 2007-08:

                             System Office                                                   $        3,026,306

                             Systemwide Operations                                               1,462,151

                             Central Connecticut State University                            4,046,710

                             Eastern Connecticut State University                            3,719,677

                             Southern Connecticut State University                          4,347,353

                             Western Connecticut State University                          3,216,770

                             and be it further

RESOLVED,         That for FY2007-08 each university is expected to raise projected tuition revenues, as follows:

                             FY2007-08 Tuition Revenue Projections

                             and be it further

RESOLVED,         That while expenditures are authorized up to the limit of the spending plans summarized in this resolution, the Presidents and the Chancellor are encouraged to seek further economies in their operations during fiscal year 2007-08, and be it further

RESOLVED,         That the Board of Trustees may request that each University and the System Office submit a progress report on their spending plans at any time during the year as desired.

A Certified True Copy:

Lawrence D. McHugh

Chairman

BR 07-47 Spending Plan ATTACHMENT Budget Exhibits FY08