StemCell Therapy

CSU System CFO Henry Sobanet provided an update on Gov. Jared Polis budget request including a $494 million general fund increase to public higher education to restore operating support for colleges and universities to the $825 million funding level of fiscal year 2020. If approved, the CSU System would receive $101.6 million. The governors request also allows up to a 3% increase in resident, undergraduate tuition rates.

Budget Each spring, typically in May, the Board finalizes the budget for the coming year. During the bimonthly meetings leading up to budget approval, the Board receives financial updates which model multiple scenarios reflecting updated projections of factors such as enrollment trends and the anticipated funding for higher education from the legislature.

The Board reviewed models for the Education and General Budget which assume state funding at the level of fiscal year 2020, a slightly greater than typical enrollment decline from fall to spring, and tuition increases of 0% or 3%. Given ongoing financial challenges, including those from COVID-19, the CSU models project a fiscal shortfall in the range of $19.7 million to $28.6 million. Consistent with the Governors budget request, there are no salary increases included in the current CSU budget modeling for FY2021. The Board continues to implement its multi-year strategy of managing the shortfall created by COVID-19. At the February meeting the Board will further discuss how to resolve a shortfall if those revenue projections hold steady after updates to enrollment figures and new state revenue projections.

Faculty Representative Report Professor Stephanie Clemons discussed CSUs nation-leading sustainability ranking and the successful in-person fall semester. Clemons is retiring, and Faculty Council will designate a new representative who will fill the role starting at the Boards February meeting.

Student Representative Report ASCSU President Hannah Taylor shared priorities that Associated Students of CSU are focusing on including: a petition drive for a ballot initiative to change the citys You+2 policy to ME+3; health initiatives including mass ordering of thermometers for students, mental health support, flu shot promotion; and support for Rams Against Hunger. Taylor also discussed ASCSUs mentor program for academics and a partnership with Rocky Mountain Student Media to do monthly fireside chats shared online on the CTV YouTube channel.

See the article here:
New research marketing campaign part of CSU progress report to Board of Governors - Source

This entry was posted on December 8, 2020 at 8:00 pm and is filed under Veterinary Medicine. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed. |