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McHenry faces the challenge of balancing Cleveland State's budget

Mearns discusses the gap in CSU's budget

John Boyle III to retire as VP of Business Affairs and Finance

Students Share their opinions on the upcoming budget cuts

Budget Task Force releases initial report

Strategies to handle cut still being determined

Continuing Education to end after 35 years

State funding is drying up for universities

 


 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

Budget

Cleveland State University is undergoing massive restructuring to it's operating budget due to the loss of federal stimulus funds. This issue has been covered in great detail by James O'Malley and Kelsey Mercurio.

President Berkman to hold an open forum on April 29 to discuss proposed budget

April 29, 2011

By: James O'Malley

Now that Cleveland State University has the approximate allocation of about $62 million in SSI for fiscal year 2012, the impact of the loss is becoming much clearer. President Berkman announced through an email on April 15, that he will be holding an open forum on April 29, to discuss the budget presentation that will be made to the Board of Trustees on Monday, May 2.

The Plain Dealer recently reported that only 29 percent of first-time, full-time freshman graduated within six years. The article also mentioned that Ohio Board of Regents (OBOR) ranks CSU as 11th of the 13 public universities in terms of graduation rates and retention.

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Despite cuts, CSU committed to academic quality, says Berkman

April 7, 2011

By: Kelsey Mercurio

Last week we sat with President Berkman to talk about the school budget, the cuts, plans for efficient use of resources, future investments in advancing the school’s mission and his accomplishments in the last two years.

When President Berkman heard about the cuts that would be happening in the upcoming year he responded quickly and created a Budget TASK Force to address the fiscal challenge and recommend strategies to deal with the budget gap in a way that didn’t affect students and their needs. He seems confident that the composition of the TASK force will help the school deal with the gap in the budget through consultations with all the stakeholders.

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Financial forum discusses budgetary concerns of students

April 7, 2011

By: Kelsey Mercurio

The Student Government Association (SGA) held a one hour question and answer session about the government budget for the students to ask any concerns they may have about their future at Cleveland State. SGA invited Provost Geoffrey Mearns; Corinne Webb, the interim vice president of enrollment and student affairs; and Tim Long, the director of budget and financial analysis.

Long started off the hour long questionnaire by discussing the figures of the government budget. Every year the state tax dollars (SSI) in Ohio gives two billion dollars for higher education. For the fiscal year of 2012 (FY 12), the government is only giving 1.7 billion for higher education. Every school in Ohio has a different amount of money that was cut, but for Cleveland State the loss of federal stimulus is putting the budget from 70 million to 60 million.

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McHenry faces the challenge of balancing Cleveland State's Budget

March 24, 2011

By: James O'Malley

Stephanie McHenry’s second day on the job as Vice President of the Office of Budget and Financial Analysis was Tuesday, March 15. While most of CSU was enjoying spring break, she and her team were anxiously awaiting the release of Gov. John Kasich’s executive budget.

President Berkman recently appointed McHenry to the position of VP where she succeeds long-term VP, John Boyle. She had previously worked at Urban Partnership Bank where she was the Cleveland region president and served on CSU’s board of trustees.

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Mearns discusses the gap in CSU's Budget

March 24, 2011

By: Kelsey Mercurio

Even though the implications of the Ohio State Budget has not been analyzed the university administration, faculty and staff at Cleveland State are already making plans on how to meet the challenges arising from the cuts and other provisions in the budget.
The main challenge that Cleveland State is facing is the gap between the anticipated revenue and the anticipated expenses.

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John Boyle III to retire as VP of Business Affairs and Finance

March 3, 2011

By: James O'Malley

As Cleveland State University is grappling with the task of restructuring it’s operating budget due to expected cuts in State Subsidized Funding, it has surprised many to learn that the long-term Vice President of Business Affairs and Finance, John “Jack” Boyle III, will be stepping down from the position after 22 years of service to the university in various roles.

President Ronald Berkman recently appointed Stephanie McHenry, former Urban Partnership Bank Cleveland Region president and a member of CSU’s Board of Trustees since 2007, to succeed him.

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Students Share their opinions on the upcoming budget cuts

March 3, 2011

By: Kelsey Mercurio

The university has said all it can about the cuts that are taking place this month, but what do the students think? Unfortunately, it seems that most students on campus don’t know much about the cuts and how it will affect them.

There is still no definite answer about how the cuts will affect the student’s tuition, but it’s safe to say the increase will hurt the pockets of many students.
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Strategies to handle cut still being determined

Feb. 17, 2011

By: Kelsey Mercurio

Cleveland State still does not know exactly how much the state budget cuts will cost the university, but the university community is sure that the cuts are coming and some colleges are already feeling pain. Even though the various colleges and divisions don’t know what to expect in the end, they have been asked by the university’s budget office to start putting together a plan that will address the deficit. The colleges have been asked to prioritize the expenses they will cut, including personnel.
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Budget Advisory Task Force releases initial report

Feb. 17, 2011

By: James O'Malley

Tuition IncreaseIn an effort toward transparency, President Ronald M. Berkman sent out a report from his Budget Advisory Task Force to all faculty, students and staff on Friday, Feb. 12. The report, which is purely preliminary, outlines the tentative plans to restructure Cleveland State University’s operating budget for the fiscal years 2012-2015 and includes tuition increases, cuts to scholarships, and redundancies for each college.

The task force, which was constituted in September 2010, gathers the deans of different colleges, senior administration officials from the university budget office, the provost and the vice president of research & graduate studies. Provost Geoffrey Mearns and Tim Long of the Office of Budget & Analysis were appointed as the co-chairs of the task force.
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Continuing Education to end after 35 years

Feb. 3, 2011

By: Kelsey Mercurio

Cleveland State University is one of many public colleges being hit by the state cuts of higher education. Due to the cuts, CSU has made a decision to close its Division of Continuing Education.

Most of the classes offered in Continuing Education programs will be transferred to other departments on campus. The locations of the classes are not yet determined.
The budget cuts come from the recession that hit Ohio hard. The income tax revenue and sales tax on higher-end items have declined significantly. This in return made the state revenue decline as well. In the past years the state has given stimulus funds to higher education in Ohio. Come July, the state no longer has stimulus money to give out to various universities.
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State funding is drying up for universities

Feb. 3, 2011

By: James O'Malley

Lately, American economists have been predicting an end to the recession, but many state universities in Ohio, including Cleveland State University, are just beginning to feel the strain of the tumultuous economy.

The State Share of Instruction (SSI) subsidy and student instructional fees primarily fund CSU’s operating budget. The SSI makes up nearly 35 percent of the Operating Budget and is funded with 86 percent coming from state revenue sources and 14 percent from federal stimulus funds that end in fiscal year 2012. This, coupled with a looming state deficit exceeding $8 billion, is cause for concern for those working in education. In fact, many are predicting cuts in SSI near 22 percent, meaning that CSU could stand to lose about 7 percent of its overall funding for the operating budget.
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