February 26, 2001
Trustees OK operating
By Michael Terrazas email@example.com
On Feb. 15, the Board of Trustees approved Emorys educational and general budget for 200102, providing more than $407 million in resources for academic programs and their support.
As in years past, according to Provost Rebecca Chopp, the University
put a high priority on maintaining competitive salaries for its faculty
and staff. The new budget reserves resources for a merit salary program,
an increase in the fringe benefit rate and market adjustments for specific
staff job titles. In addition, efforts are being made in arts and sciences,
business, nursing and Oxford to keep faculty salaries competitive with
Emorys peer institutions.
Another area in which the University continues to focus its investments
is support for research, said Charlotte Johnson, senior vice provost for
administration. As new facilities like the Whitehead Research Building,
Science 2000-Phase II and, to some extent, the Schwartz Center for the
Performing Arts come online, it is imperative that Emory continue to invest
in the faculty and provide infrastructure support for their research programs,
Investments in research support required significant funding in
200102 due to increasing federal requirements, the increasing quality
of our research faculty and new research facilities, said Chopp.
An Office of Industrial Contracting and Marketing will be created
to facilitate our research work with private industry.
The Office of Research Administration will add a senior compliance officer
to monitor and implement new regulatory requirements, and the office will
also add a senior research administrator to help build research in targeted
Chopp said the School of Nursing would be the first to benefit from this
new initiative, and she added that the offices of grants and contracts,
sponsored programs and technology transfer would also add staff positions.
In addition to advancing the research agenda, this budget also advances
the teaching objectives of individual schools strategic plans, according
A number of schools will be adding faculty lines, developing new centers,
planning new academic programs and enhancing student support, she said.
The budget also provides funding to the University Libraries to cover
inflationary costs of acquisitions and to help meet the growing support
needs of the faculty and students.
Chopp said the budget was developed in a tight fiscal environment and
we made careful and deliberate choices about the programs and initiatives
funded in this budget plan. We were able to reallocate about $5.3
million to higher priority programs by identifying efficiencies and managing
more closely investments in existing initiatives, Chopp said. The
deans and administrative managers were thoughtful and thorough in developing
their redeployment plans.
Endowment spending will grow by 6.44 percent from the pooled endowments,
said Edith Murphree, associate vice president for administration. Asked
if the climate on Wall Street is affecting how the endowment is managed,
Murphree said the University has modified the spending rate calculation
to smooth out distributions for spending due to fluctuations in the market
value of the endowment.
Tuition rate increases, in general, ranged from 4 to 6 percent. Tuition
for Emory College will increase by 4.13 percent, its lowest percentage
increase in recent history. Enrollments are projected to grow by less
than 2 percent.
Overall, Johnson said, tuition revenues grew by 6 percent in this budget.
The only school to have a large hike in tuition is nursing, which is the
second year of a two-year tuition adjustment plan.
Although we accomplished much in this budget, we still have issues
that will need to be addressed, Chopp said. The tight labor
market continues to challenge us by making it increasingly difficult to
retain staff with certain skill sets and to recruit qualified applicants
for certain job titles. Institutions with whom we compete for faculty
continue to raise the financial bar. We also must continue investments
in technology and research to maintain and advance our competitive