'Choices & Responsibility,' infrastructure seen as high
The 1997-98 Basic Educational and General Budget of $306,760,859, which
was approved by the Board of Trustees on Feb. 14, will help fund academic
and support unit activities arising from Choices and Responsibility, support
for core programs, enhancements and new initiatives in the schools and service
units, and improvements to the University's infrastructure.
priorities for 1997-98 budget
President Bill Chace said, "This budget, approved by the Board in a
manner that fully appreciates both our current and future fiscal capabilities,
is a strong reinforcement of our present planning and a reassuring affirmation
of our hopes and aspirations."
The $306 million budget provides an increase in revenue of $21.8 million,
a 7.7 percent increase over the 1996-97 budget. Tuition and fees, which
account for more than 60 percent of the University's total revenues in the
Educational and General Budget, are projected to increase overall by approximately
5 percent. Revenue from endowment income will increase $9 million, or 31
percent over the prior year. Income from sponsored research will increase
$1.3 million, or approximately 4 percent. Endowment income and indirect
cost recovery on sponsored research comprise 18 percent and 11 percent,
respectively, of total revenue. Other projected sources of income will remain
relatively stable for the next year.
Tuition increases ranged from 5 percent for undergraduates in Emory College
and the business school to 8.7 percent for first-year law school students.
Law school tuition remains fixed over the three-year program. Tuition in
almost all of the academic units remained at the lower end of rates charged
by peer institutions.
In keeping with past years, this budget increases scholarships in proportion
to tuition increases. Scholarship and fellowship support will increase by
5 percent, or $2.6 million, for a total of $53.9 million.
Salaries and fringe benefits account for 61 percent of annual expenditures,
or $186.5 million, with scholarship and fellowship expenditures comprising
18 percent of total educational and general expenditures. The remaining
21 percent of total expenditures includes utility costs, equipment, library,
supply, travel and other miscellaneous expenses. The pool for faculty and
staff salary increases will be 4 percent, and the cost of fringe benefits
will remain at 24 percent, the same as for the 1996-97 budget year.
Academic programs will receive an additional $12.9 million in direct support.
All schools will post an increase over 1996-97 except the law school, where
the small decrease reflects a planned reduction in enrollment for the school.
The Rollins School of Public Health budget is 14 percent larger than in
1996-97, owing primarily to a projected 40 percent growth in tuition revenues
resulting from enrollment increases and changes in the tuition structure.
Increased funding for the schools will support teaching and curricular innovation,
interdisciplinary scholarship and other measures called for in Choices and
Responsibility. The increased funding will also support the appointment
of additional faculty and department chairs in several schools; Arts and
Sciences programs such as Science 2000; stipend increases in the Graduate
School; joint programs between schools; and development of core facilities
in biomedical areas.
Support units will receive an additional $8.9 million to fund salary increases
for staff, utilities expense and other basic operating costs in Campus Life,
Institutional Advancement, Facilities Management, Woodruff Library, Information
Technology and Academic Services. Enhancement funding will support improvements
to the University's technological and administrative infrastructure, expansion
and inflationary costs of library collections and support for additional
costs of maintaining new buildings. The budget provides additional support
for International Affairs and research in new and expanding programs such
as the Offices of the Vice President for Research, the Executive Vice President
for Health Affairs and Patent and Licensing.
Information Technology and Woodruff Library expenditures include additional
funding for the establishment of the Information Commons area in the Woodruff
Library addition. The Information Commons will be an open user area for
faculty and students with computer workstations and technical staff support.
It will be of major assistance to faculty and staff in accessing and analyzing
"Recent growth in the University's endowment also created additional
capacity in the Woodruff Fund," said Edie Murphree, associate vice
president for administration. This additional capacity will be used to fund
a variety of initiatives that will enhance academic programs, including
increased support for the Center for Teaching and Curriculum, additional
Woodruff professors, landscaping improvements that may arise from the campus
master planning process, construction and renovation of buildings and other
initiatives called for in Choices and Responsibility.
In addition to approving the Basic Educational and General Budget, the Board
of Trustees approved a .75 percent capital matching program for the construction
of new buildings. Projects currently under discussion include the Science
2000 initiative for chemistry and physics, the performing arts center, new
medical research and education buildings, a nursing school building, Candler
Library renovation and smaller projects. The matching program is projected
to continue through the year 2002.
"The 1997-98 operating budgets will permit us to continue the process
of building the quality and depth of Emory's programs and forward the implementation
of the Choices and Responsibility agenda, while keeping our long-standing
commitment of keeping costs to students and their families as low as possible."
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