Projecting & Managing Faculty Funds 2007-2008 Faculty Head Counts Academic Budget Breakout 07-08 What Can Go Wrong

Projecting & Managing Faculty Funds 2007-2008 Faculty Head Counts Academic Budget Breakout 07-08 What Can Go Wrong www.phwiki.com

Projecting & Managing Faculty Funds 2007-2008 Faculty Head Counts Academic Budget Breakout 07-08 What Can Go Wrong

Russell, Joni, Contributing Editor has reference to this Academic Journal, PHwiki organized this Journal Projecting & Managing Faculty Funds Lisa Kopecky Assistant Vice President as long as Academic Operations & Finance 2007-2008 Faculty Head Counts 713.5 Tenured/Tenure-Track Faculty 165 Full-time Lecturers 1,203 Part-time Faculty 2,081.5 TOTAL Academic Budget Breakout 07-08

Jameson Health System PA www.phwiki.com

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What Can Go Wrong Basic Process What is the distribution of our faculty How much should be available How much is available What are other “puts & takes” adding to or taking from the available amount What are the commitments against available funds Faculty Headcount Distribution

How Much Should Be Available How Much Is Available Adjusting the Baseline

Baseline Budget Realignment Original FT Faculty $9,072,100 Original PT Faculty 2,100,915 $11,173,015 Revised FT Faculty $9,221,300 Balance to PT Faculty 1,951,715 $11,173,015 PT Faculty Dollars Fund: Part-time faculty hires Part-time faculty settlements Teaching Associates Graduate Assistants Faculty additional pay or releases How Much Is Available

Puts & Takes Faculty Leaves FERP: Faculty Early Retirement Program (50% time base & 50% salary as long as 5 years) DIPL: Difference in Pay Leave (faculty is paid difference between base salary in addition to FT Lecturer Replacement Rate – $47,472 as long as 08-09) Sabbatical: Fall or Spring – receive full pay; AY – receives 50% pay LWOP: Leave Without Pay – 100% of salary savings during leave period available as long as PTF hiring Release Time Reimbursements – Funding from grant or other activity buy out faculty time Release Time Reimbursements

Difference-In-Pay Leave Faculty AY salary $80,000 FT lecturer replacement rate – $47,472 Paid to AY faculty on Leave $32,528 Part-time Faculty Salary Payouts Part-time Appointment Types: Academic Year: Paid 10 Months (Sept – June) in present year; 2 months in next (July & August) Fall: Paid 6 Months in present year (Sept – Feb) Spring: Paid 4 Months in present year (February – June); 2 months in next (July & August) PT Faculty Salary Payouts

Russell, Joni M Magazine for Every Mom Contributing Editor www.phwiki.com

Russell, Joni Contributing Editor

Russell, Joni is from United States and they belong to M Magazine for Every Mom and they are from  Los Gatos, United States got related to this Particular Journal. and Russell, Joni deal with the subjects like Domestic Lifestyle (Regional)

Journal Ratings by Jameson Health System

This Particular Journal got reviewed and rated by Jameson Health System and short form of this particular Institution is PA and gave this Journal an Excellent Rating.