Local Environment

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Local Environment

• Finance
• Staff Profile

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Finance
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2005 performance

• Positives
• surplus
• ,000 Budget Actual
• Income 6,883 7,512?
• Expenditure 6,956 7,157?
• Balance -73 355?
• Operating reserves Oct 2005 2.5mill
• Negatives
• inaccurate

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2005 Performance
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Expenditure 000
2005 Performance
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Some small things to learn

• Be strategic about staff resignation
  replacements chief source of unexpected income
  is gaps in employment
• the total cost of a level D is 134,580 4mths
  gap would save 45,000
• Tailor activities (eg teaching support) to
  available budget

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2006 budget

• Budget
• At source Within School
• Income 13,906 6,707
• Expenditure 14,187 6,988
• Balance -281 -281

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Big things to learn

• Teaching is our main source of income
• Major factor in Research income is our post
  graduate students
• We are running out of money
• Faculty strategy to improve finances is not to
  cut
• but to invest in income producing activities

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Problems for planning

• We cannot tie central costs to central income
  our information base is unreliable
• We have few discretionary resources () to
  allocate to teaching research
• We have not clearly (quantitatively) identified
  our strengths and weaknesses in teaching and
  research

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Staff Profile
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Some Ratios

• StudentStaff
• School 20.6 1
• Faculty 13.3 1
• University 17.2 1
• AcademicGeneral Staff
• School 2.9 1
• Faculty 2.0 1
• University 1.6 1

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Academic Rank Profile
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Planning for the future

• Our Academic Age/Rank profile is different
• Academic Salaries dominate our budget
• Any attempts to change Academic Staff profile
  must take into account
• Teaching
• Research
• A major thrust of these planning days is to
  consider our teaching and research profiles with
  respect to
• External demands (growing esteem)
• Internal demands (succession planning)