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ERIC Number: ED157573
Record Type: RIE
Publication Date: N/A
Pages: 17
Abstractor: N/A
Reference Count: 0
Budget Exercise.
Clowes, Darrel A.
Following a discussion of the factors to be considered in constructing feasible college budgets, an exercise in budget development is presented involving a hypothetical community college with 2,500 full-time equivalent (FTE) students, 500 in developmental education, 750 each in transfer and technical programs, and 500 undecided. Exercise participants are to follow a specific funding formula that covers cost per FTE, faculty to student ratios, mean faculty productivity, and number of student credit hours equalling one FTE for each study type. For each administrative office to be funded, participants are asked to consider officer's salary, costs for secretary, fringe benefits, student wages, travel, supplies and expenses, and equipment. For each academic area to be financed, participants must indicate chairperson's salary, number of full-time faculty and average salary for each, number of secretaries and clerical staff, fringe benefits, part-time faculty earnings per each section taught, student wages, travel, supplies, equipment, and total instructional costs per area. Participants are reminded to not overlook expenses for computer rentals; unusual activities such as art/drama, allied health and graduation; and special considerations such as ratio of part- to full-time instructors, number of planned sections, and productivity by area. (TR)
Publication Type: Guides - General
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Virginia Polytechnic Inst. and State Univ., Blacksburg.