MEMORANDUM
Executive Committee Meeting
Texas Student Publications Building, Room C3.302
2500 Whitis Avenue
Austin, Texas 78705
January 18, 2006
2:00 P.M.
AGENDA
I. 2:00 p.m. Convene in Open Session for Executive Committee
Meeting
A. Adjourn to Executive
Session to meet with UT System legal counsel, UT-Austin campus representatives
and TSP legal counsel regarding legal issues relating to organization of TSP
within the UT-Austin campus and UT System.
B.
Convene in open session
C.
Adjourn
To request accommodations
under the Americans with Disabilities Act, please contact the Board Office at
least three days prior to the meeting.
The Board Office may be reached by phone at (512) 499-4402; by email at
bor@utsystem.edu; and by mail at 201 West Seventh Street, Suite 820, Austin,
Texas 78701-2981.
BOARD OF OPERATING TRUSTEES MEETING
Campus Club, Room 203
405 W. 25th Street
Austin, Texas 78705
January 20, 2006
2:30 P.M.
AGENDA
I. 2:30 p.m. Convene in Open Session for Executive Committee Meeting
A. Discussion and appropriate action regarding Monthly Financial Report
B. Discussion and appropriate action regarding possible reorganization of TSP within university administration or as private, non-profit corporation
C. Possible executive session as allowed under the Texas Open Meetings Act to meet with attorney regarding item I.B.
II. 3:00 p.m. Convene in Open Session for TSP Board Meeting
A. Discussion and approval of Minutes from November 18, 2005 meeting
B. Discussion and appropriate action regarding Executive Committee Report
C. Discussion and review of monthly reports from Director and Student Managers
D. Discussion and appropriate action regarding new business
-- Tower Lease Renewal
-- College Publisher Contract Renewal
E. Adjourn
To request accommodations under the Americans with Disabilities Act, please contact the Board Office at least three days prior to the meeting. The Board Office may be reached by phone at (512) 499-4402; by email at bor@utsystem.edu; and by mail at 201 West Seventh Street, Suite 820, Austin, Texas 78701-2981.
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Summary |
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% of FY = 33% |
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Budget |
Actual |
Actual |
Actual to Budget |
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05/06 |
through Dec 04 |
through Dec 05 |
% through Dec 05 |
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ESTIMATED INCOME |
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Student Services Fee (Required) |
433,203 |
190,609 |
189,303 |
44% |
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Other Income |
2,748,160 |
1,000,743 |
1,089,887 |
40% |
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Total Estimated Income |
3,181,363 |
1,191,352 |
1,279,189 |
40% |
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BUDGETED EXPENSES |
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Salaries |
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Administrative/Professional |
372,458 |
115,665 |
124,065 |
33% |
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A & P Longevity Pay |
3,600 |
2,000 |
1,760 |
49% |
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Classified Personnel |
602,915 |
179,540 |
188,099 |
31% |
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Classified Longevity Pay |
11,040 |
3,060 |
4,120 |
37% |
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Total Salaries |
990,013 |
300,266 |
318,044 |
32% |
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Wages |
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Wages |
754,080 |
240,238 |
267,075 |
35% |
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Longevity |
0 |
0 |
0 |
0% |
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Merit Pool |
0 |
0 |
0 |
0% |
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Total Wages |
754,080 |
240,238 |
267,075 |
35% |
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Fringe Benefits |
331,013 |
101,474 |
90,143 |
27% |
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Other Expense |
974,383 |
456,966 |
410,624 |
42% |
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Tuition & Fees |
25,200 |
9,515 |
14,515 |
58% |
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Travel |
37,300 |
12,461 |
15,515 |
42% |
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Allocation for Budget Adjustment |
16,429 |
0 |
0 |
0% |
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Total Budgeted Expense |
3,128,418 |
1,120,920 |
1,115,916 |
36% |
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EXCESS INCOME OVER EXPENSE |
52,945 |
70,433 |
163,273 |
308% |
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Transfers: |
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TO: UT Administrative Charge |
85,945 |
25,702 |
23,645 |
28% |
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TO: Vice-President/Student Affairs |
15,000 |
15,000 |
0 |
0% |
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FROM: SSF Reserve |
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0 |
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0% |
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FROM: TSP Operations Reserve |
0 |
110,375 |
0 |
0% |
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