Motion 18-26: Ms. Black moved that the Board of Trustees of Central Washington University hereby adopts the 2018-2019 meeting schedule as proposed. Mr. Nellams seconded the motion. Motion passed. Discussion: Trustee Erickson suggested that one meeting be held at one of our University Centers and that we think about holding next year’s planning retreat in Ellensburg if possible. Action – Approval of FY19 Tuition Increase Washington State law limits the rate by which CWU is allowed to increase resident undergraduate tuition to the 14-year average of wage inflation, which is currently 2.2 percent. However, there is no limit on other types of tuition (non-resident undergraduate, resident and non-resident graduate). Given the current law regarding resident undergraduate tuition increases, as well as our positioning relative to other institutions in the other three tuition categories, we are recommending a 2.2 percent increase for resident undergraduate tuition and 5.0 percent increases in all other categories (non- resident undergraduate, resident and non-resident graduate) for academic year 2018-2019. Motion 18-27: Mr. Liu moved that the Board of Trustees of Central Washington University hereby approves a 2.2 percent resident undergraduate tuition increase, and a 5 percent increase in non- resident undergraduate and graduate tuition (resident and non-resident) for academic year 2018- 2019. Robert Nellams seconded the motion. Motion approved. Action – Approval of FY19 Budget Central Washington University’s anticipated revenue for Fiscal Year 2019, including all funding sources, will be approximately $307 million. Total university expenses are anticipated to be $307 million. The FY19 operating fund revenues and related expenses are budgeted at $223 million, and $221 million respectively. These budgets reflect the favorable impact of growing enrollment, cost-control initiatives, and strategic investments in our core functions. Operating budgets have been developed using a driver-based methodology informed by history of rates, projected headcounts and FTE, and expected margins. Undergraduate enrollment is the main driver. The increase is attributable to many factors, including strategic investments in recruiting, marketing and a continued focus on improving retention. Motion 18-28: Mr. Erickson moved that the Board of Trustees of Central Washington University hereby approves the proposed budget for Fiscal Year 2019 as presented. Mr. Nellams seconded the motion. Motion approved. Action – Approval of Proposed Parking Fees for 2019-2023 Currently, Central Washington University provides parking services for faculty, staff, students and campus visitors. The university maintains 44 parking lots with 4,171 individual parking spaces on the residential campus in Ellensburg. Parking fees, fines and revenue from parking meters support parking services. In recent years the revenues generated are not sufficient to cover costs of increased maintenance and operating expenses for parking services. Parking permit fees have not been increased since 2010 and it is necessary to do so now. It is recommended that parking fees be increased over a five-year period, beginning with a 10-percent increase in fall of 2019, and 5 percent annually over the next four years.
8 Board of Trustees Minutes Annual Board Planning Retreat, July 26-27, 2018
Made with FlippingBook flipbook maker