Minutes of April 29, 2004 Meeting



	The meeting convened at 10:00 a.m. in the Babcock Room, 40th 
Floor, Cathedral of Learning.

	UPBC members present were: James Alexander, Frank Cassell, Jerome 
Cochran, Richard Colwell, David DeJong, Jacqueline Dunbar-Jacob, Gerald 
Holder, Arthur Levine, James Maher, Linda Marts, Carol Neuner, Arthur 
Ramicone, Philip Wion, and Thomas Wolf.  Also present were: Valerie Doyle, 
Richard Henderson, Jeffrey Liebmann, Charles McLaughlin, Robert Pack, and 
Kathy Tosh.
	UPBC members not present were: Nicholas Bircher, N. John Cooper, 
Liz Culliton, Christine Dollaghan, Ronald Hoelzeman, Lindsay Howard, 
Maureen McClure, Mary Ann Peterson, Michael Stuckart, Evelyn Talbott, and 
Stephen Wisniewski.

Discussion of FY 2005 Planning and Budgeting Parameters

	Holder presented the FY 2005 recommendations of the Parameters 
Subcommittee, including a 3% salary raise pool (1.5% for satisfactory 
performance, 1.0% for merit/market/equity, and 0.5% Senior Vice Chancellor 
merit/market/equity) and an assumption of $3.5 million from the 
Commonwealth to be used for the Deans' portion of the research development 
fund, laboratory modernization, and salaries.  Other components included:

-- a 6% increase in tuition (based on the Commonwealth restoring the 
University's appropriation to FY 2002 levels);
-- a differential tuition charge to freshmen;
-- a projected increase in grants and contracts revenues of 8%;
-- increased health care costs of $4.3 million; and
-- a commitment of $3.8 million to academic initiatives (such as 
targeted faculty increases and investments in academic programs).

Cassell moved that the Committee accept the recommended FY 2005 
parameters.  Dunbar-Jacob seconded.  

	Wion moved to amend the motion to shift this $800,000 from 
academic initiatives to the compensation budget.  Colwell seconded.  Maher 
expressed sympathy for the desire to increase salaries, but cited the need 
to target resources at programs facing the greatest market challenges.  
Maher stated that the University carefully benchmarks the salaries of 
faculty and staff against relevant peer groups and that the academic 
initiatives funds allow resources to be applied where they are most 
needed.  The Committee voted 3 to 9 against the amendment.  With no 
further discussion, the Committee voted 9 to 3 to approve the FY 2005 
planning and budgeting parameters as submitted by the Parameters 
Subcommittee.

	The meeting adjourned at 11:05 a.m.