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299 BUDGET RESOLUTION ON THE DISPOSITION OF INCREASE IN FY87-88 LEGISLATIVE APPROPRIATION (Board of Trustees meeting, March 20, 1988) 1. To provide for across-the-board salary improvements for employees of the University. 2. To reserve funding for the job reclassification and salary upgrading of employees. 3. To provide inflationary adjustments for operating expenses and other cost increases. 4. To fund certain other budget initiatives. 5. To earmark budget savings for major repairs and capital improvements. 6. To authorize the transfer of designated capital monies to Unexpended Plant Funds. WHEREAS, the Board of Trustees and the University Administration have recognized the urgent need to improve the salaries for employees of the institution, have gone on record in support of such improvements, and strongly supported a special request of $2,000,000 to the Legislature to fund the salary costs involved, and, WHEREAS, the University is fully committed to funding a substantial across-the-board increase in salaries for employees from funds available for this fiscal year, but budget guidelines approved by the Board of Trustees on March 15, 1987 provide for a maximum increase in salaries of only 5%, and, WHEREAS, the University received appropriations from the Legislature in relation to its requests as follows; [See Schedule A, Attached]: (a) $13,723,602 of the $15,723,602 requested for general operations and salary improvements; (b) $1,000,000 of the $8,126,300 requested for capital improvement projects; and, WHEREAS, operating expenses had to be reduced in FY85-86 and FY86-87 to help fund modest salary adjustments for employees ata time when Legislative appropriations were held constant at $10,756,702, and, ( SCHEDULE B DISPOSITION OF INCREASE IN APPROPRIATION FOR FY87-88 A. Increase in Legislative Appropriation FY87-88 Legislative Appropriation FY86-87 Legislative Appropriation Increase in Appropriation B. Improvements in Salaries and Benefits Merit Adjustments 10% salary adjustment Part-time Faculty 10% Pay Scale Adj 5% Funding for Job Reclassification Increase in benefits FICA/Group Ins. Total For Salaries & Benefits C. Other Budget Initiatives 5% Inflationary adjust Federal Programs Pick-up Insurance Increase Increase in Student Work Aid Increase in Land Grant-Matching Provision for Additional Security Faculty Conversion-Spanish Professor Provision for Sabbaticals Financial Aid Office Food Service Improvements Institutional Advancement CRI Survey Unit Prof. Staff Dev. Mathematics & Computer Science Computerize Transcripts Administrative EDP Library Development Strategic Planning Cooperative Extension Service Academic Reorg/Academic Computing Subtotal Total Funding Requirements Amount 13,723,602 10,756,702 2,966,900 129,901 890,000 83,510 530,000 97,858 1,731,269 246,000 60,145 45,355 30,000 67,000 48,150 40,096 80,192 22,773 32,800 90,620 74,500 10,000 31,500 28,000 50,000 40,500 35,000 45,000 158,000 2,966,900 Percent 58.35% 41.65% 100.00% 30 a ce)