president’s employment contract requires the Board of Trustees to conduct an annual assessment of the president’s performance. An annual evaluation has been developed that measures progress toward goals set in July 2024, as well as the president’s capacity to lead Central in a way that enables the institution to thrive in a future that is both challenging and opportunity rich. The evaluation process is inclusive and will provide constructive insight to the Board of Trustees as well as to the president. In addition, an instrument for this evaluation has been developed, along with a list of participants who will complete the evaluation instrument. These individuals are selected based on their roles at the university and constitute the shared governance leadership of the various constituents, along with other university administrators. The annual evaluation process will be conducted as it has in the past, with three executive sessions during the July 2025 Board Retreat to complete the evaluation: the first for the president to review his self-evaluation, the second for the Board to discuss the evaluation among themselves, and the third to share their feedback with the president. July Board Retreat The July Board Retreat will be held on the Ellensburg campus July 24 and 25, 2025. The focus of the retreat will be on budget and alternative sources of funding. In addition, the board will receive university updates on several campus areas and initiatives. Board members will review suggested retreat topics and respond to Dr. Cochran with their selections. Budget and Enrollment Update SVP Klucking gave an update on FY25. We are headed in the right direction this year. In the state and local funds, wages and benefits are on budget and the enrollment contingency is still intact. The system funds have higher revenues due to mix and participation and wages and benefits are on budget. However, there are increased goods and services expenses related to the cost of goods sold and maintenance. Currently, the Fall 2025 admissions funnel shows First Time in College applications and admits are down a bit, but confirmations are up 8.8 percent from this time last year. Transfer applications and admits are down slightly, and confirmations are down 6.1 percent from this time last year.
SVP Klucking explained that the key budget drivers for fiscal year 2026 include: • 8200 Student Headcount • 2175 on campus residents • 6400 Ellensburg campus • State allotment conference budget (yet to be signed) • General wage increases and healthcare costs • Enrollment contingency planning for the state general fund
10 Board of Trustees Minutes May 15-16, 2025
Made with FlippingBook interactive PDF creator