WednesdayJune 24, 2020

Board of Trustees approved balanced budget for Fiscal Year 2021

At the Board of Trustees meeting on June 23, the Board approved a resolution for a balanced budget for Fiscal Year 2021 (FY21), which begins July 1, 2020.

  • The Budget Resolution states that the Board will review the FY21 budget at a date no later than Oct. 1, 2020, and will either affirm the budget approved June 23, or approve a revised Fiscal Year budget.
     
  • The Resolution also states that the College Finance Department will report monthly to the Board Finance Committee and the Board of Trustees on the status of key FY21 budget assumptions such as:
    • Fall 2020 enrollment
    • FY21 State subsidy for instruction
    • Federal Stimulus funds
    • Operating Expenses
    • Personnel Expenses, including the impact of the Voluntary Separation Program (VSP)

Chief Financial Officer Chris Calvert said the FY21 budget is based on assumptions of a 20% reduction in State subsidy funds and a 20% decline in enrollment for all semesters of Academic Year 2020-2021.

The balanced budget also assumes that a 9.1% cut to the salaries of all benefits-eligible employees would take place Oct. 1, 2020.

CFO Calvert said the budget assumptions as of June 23 do not take into account savings that may be achieved through employee retirements or resignations as part of the Voluntary Separation Program.

The application period to participate in the VSP ended on June 17.

In answer to a question from a Board member, CFO Calvert said that after VSP savings are taken into account, and the actual Fall enrollment figures and State subsidy funds are known, the employee pay reduction could be less than 9.1%.

Download information from the Board meeting:

Graduate says thanks for CState support

Alexis Ruffin, a Spring 2020 Cincinnati State graduate, recently sent a message to Black Male Initiative (BMI) advisor Bryan Dell expressing thanks for the support College employees like Bryan provided in helping students succeed.

Alexis majored in Chemical Technology with additional coursework in the Pre-Engineering Technology program. She will continue her education in fall at the University of Cincinnati, in the Chemistry + Cosmetic Science Bachelor’s to Master’s program.

Alexis said in her message, "I would have given up on school after a rough semester I had, but mentoring and support helped me persevere."

She noted, "Thanks to BMI I was able to obtain many positive and unforgettable experiences. I was able to find passion in giving back to my community, and now I wish to help others in any way I can."

"Even the little things made a major impact," Alexis added.

Bryan said Alexis was an active member of BMI who served as communication officer and treasurer, while also maintaining a 3.0 grade point average.

"In addition to her classes and work, Alexis sometimes had a 90-minute one-way commute to make it to classes on time," Bryan said.

"Through mentoring, tutoring, or just encouraging other students to continue down the path they started and not give up, Alexis demonstrated BMI values like responsibility and accountability," Bryan added.

Library provides numerous virtual services

The Cincinnati State Library reminds students, faculty, and other patrons that an array of services continue to be offered virtually.

Click the image below to download a summary of the help and support available from the Library.

EIT New Student Orientation on June 25

The Engineering and Information Technologies Division (formerly the Center for Innovative Technologies) is offering a virtual New Student Orientation program on Thursday, June 25, from 4 to 6 p.m.

  • Students who are new this Summer or are planning on Fall classes are welcome to attend the session, offered via Zoom at https://zoom.us/j/99803793803?pwd=SEYzMndMempuM0lJMC95ZGpqem5HUT09
    • Meeting ID: 998 0379 3803
    • Password: EITwelcome
       
  • Students who have not already registered for the June 25 session should call the EIT Office at 513-569-1743 or send a text messsage with full name and major to 513-818-3421

Additional orientation sessions will be offered in August for students who are starting an EIT program in Fall.

The orientation session includes:

  • Insights from Academic Advisors
  • Information about co-op opportunities
  • Help setting up MyCState and Blackboard and registering for classes
  • Exploring support services available to help students succeed

Webinar offered on "Equity in Remote Education"

Many organizations are continuing to offer programs that may be of interest to Cincinnati State faculty and other members of the College community.

Monday, June 29, at 2 p.m. (Eastern time zone) - "Equity in Remote Education" - Chronicle of Higher Education free live webinar

  • A panel of experts offers advice to institutional leaders on establishing policies and institutional requirements to keep student equity at the heart of a college’s mission, even in unprecedented times.

Click here to learn more and register for the webinar. All registrants will receive a link to the webinar recording.

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