Budget Proposal 2005-06

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Budget Proposal2005-06

• Andrea Beloy, Rem Nivens, and Eric Stoller

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Medine Memorial Union Overview

• Mission/Values of Acorn University
• Support academic programs
• Foster and promote cultural diversity
• Maintain a safe environment for activities
• Provide excellent customer service
• Enhance student development
• Provide for professional development of staff

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Medine Memorial Union Overview

• ensure continued opportunities for students...

• Student Services
• Programming
• Student employment
• Leadership opportunities
• Auxiliary Enterprise
• Funding from various sources
• Student fees, general funds, rental/lease income,
  programming income, sponsorships, retail food
  sales

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History/Background of Medine Memorial Union Budget

• Student fee appropriation
• General Fund appropriation
• Building/equipment maintenance and reserve funds
• History of income sources

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Medine Memorial Union FY 2005-06 Focus

• University Budget Guidelines
• Salaries and benefits
• Inflation
• Assessments Overhead
• Enrollment projection

• Departmental Budget Guidelines
• No student fee increases
• Student employment/development
• Support student education, retention and
  recruitment
• Facilities/Equipment reserves and maintenance

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Medine Memorial Union Budget Initiatives

• Environmental impact
• Publicity, facility rental, movie center closure,
  contract renegotiation, building/equipment
  reserves/maintenance, personnel changes

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Medine Memorial Union Publicity

• Overall budget allocation remained the same, but
  more of a focus is placed on how to use publicity
  for maximum benefits
• Assessment efforts led to changes
• Direct focus on two specific areas
• Retail food sales 5000
• Summer conference facility rental - 5000

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Medine Memorial Union Rental of Facilities

• 7 increase in rental/lease rates
• Facility rental additional 40,000 increase
• Open to community 25 of time
• Assume 10 decrease in student use during low use
  hours
• Increase community usage rates
• Summer conferences

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Medine Memorial Union Movie Center Closure

• Justification
• Consistent loss of revenue
• New AMC Movie Complex
• Alternative entertainment options
• New movie program Movies in the Quad

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Medine Memorial Union Renegotiating Contracts

• Rental/Lease
• Bookstore
• Hair Salon
• Branded Lease
• Operations
• Custodial Services

Total income increase 22,260
Total savings 20,000
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Medine Memorial Union Building/Equipment
Maintenance

• Deferred maintenance concerns
• Increased maintenance budgets for FY06
• Focus on immediate needs
• Tackle sharp increase in utilities costs from FY05

• Revived effort in keeping reserves at adequate
  level
• Restored 50 of allocation decrease

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Retirement of .49 FTE Employee

• Part of department for past 7 years, switched to
  part-time employment 5 years ago through own
  request
• 12,000 position (10-month)
• Responsible for administration of movie
  programming, marketing, and general activities
• Departmental decision to not fill this position
• Movies are no longer offered through MU
• Added marketing and other generalist duties to GA
  job description to provide better professional
  development opportunities

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Medine Memorial Union Additional Budget Items

• Anticipated inflation rate 3.5
• Assumption of 2.5 increase in cost for
  programming
• Increase in Special Events allocation
• Reorganizing spending for Administrative Expenses
• Correction to utility costs
• Increase in fine amounts
• Assumption for decreased General Fund Allocation

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Questions