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AMC Minutes March 10 by gegeshandong


									                           University of Colorado Denver
                              AMC Faculty Assembly
                     Academic Office 1, 7th Floor Board Room, L15-7000
                            Anschutz Medical Campus (AMC)
                                      March 30, 2010
Members Attending: David Thompson, Karen King, Leslie Jameson, Lillian Hoffecker, Mike Glode, Evalina
Guests Attending:
Steve Bosley, Regent, Chair at Large
Marguerite Childs, Associate Vice Chancellor for Academic Affairs
Dick Krugman, Dean, School of Medicine/Vice Chancellor for Health Affairs
Lilly Marks, Senior Associate Dean, Administration and Finance
Roderick Nairn, Provost & Vice Chancellor
Jeff Parker, Vice Chancellor for Administration and Finance
Terry Potter, Assistant Vice Chancellor for Academic Effectiveness
Dick Traystman, Vice Chancellor for Research
Glenda Tate, Assistant to the Dean of the School of Pharmacy
Louise Vale, Associate Vice Chancellor for Budget/Operations
M. Roy Wilson, Chancellor

11:30 AM         Meeting Call to Order- Leslie Jameson, Chair
     February Meeting Minutes approved unanimously
     Meeting Objective: put together components of AMC (unique campus) to assess the
      financial repercussions of all the budget implications currently.

11:35 AM         Jeff Parker, Vice Chancellor for Administration and Finance
     Revenue forecast from March 19th. Illustrates happenings with Sales Tax and provides
      early indications of income tax returns. Things are leveling off, and it was a more positive
      forecast. (PDF attached)
     Accumulating perhaps 1-time funding at campus level, instituted a budget task force, with
      representation—start now to address the future; will start hearing more about that soon.
     Likelihood of one-time funding initiatives? Governor’s taking initiative, and will probably
      be passed.
     Proportion of School of Medicine deficit? Education budget is 12 million; 2 million
      decrease is 16%. Tuition of School of Medicine 19 million. Next year tuition goes up 6.5%.
      Difficult part is as state money drops, less money researchers in the school have to
      provide base salary. Then we become more at risk for being poached, because other
      institutions can afford to pay 75% of a researcher’s salary. It jeopardizes our education
      AND research.

12:00 PM         Regent Steve Bosley, Chair, At Large
     This board understands the budget situation, the state legislature and governor have done
      all they can.
     How we got here? In Colorado measures can be put on ballot easily—Tabor Amendment
      23 (K-12) automatic pilot. President Benson is realistic about the marketplace and is
    talking about ballot issues, etc. Analyzing a study about what’s on voters’
    minds…education had 70%.
   Glode: Harvard lost one third of their endowment 32 billion to 24 billion; how does CO
    compare in terms of revenue generation from sales/real estate tax, compared to other
    states in Big 12?
          o There are states suffering greatly (GA) they use a lot of lottery money. Talking about
             huge percentage increase in tuition. In dollars, increase is small, in percentage
             they’re gigantic. Some (Arizona, California, etc) are raising their tuition by 20%-30%.
             Wyoming is in great shape. Vast majority of public institutions is suffering the same
             way. Amount of confidence the legislature has in Bruce Benson is great.
      Some private organizations have large endowments. Is there a plan to, even if the
       variations in economic funding from the state continue to be negative, (11 years it’s not
       been positive) start to buffer that by finding income sources that are truly outside the
          o We were talking about a Major fundraising campaign…not a good time to do that.
          o I just don’t see Tabor and 23 getting together (pressure was to call everyone in for a
             special session and don’t let them leave until they figure out a solution, but we
             didn’t do it) they’re so entrenched; both are causing a problem.
          o What can we do because it sounds like 23 and Tabor are fundamental problems and
             the economy exacerbates them.
                  We’ve gotten by on this much less and we all have to move forward to come
                   up with a funding solution that takes politics out if at all possible.
      It’s important that the task force process for getting representatives on the committee
       be as broad and inclusive as possible so everyone feels like they had input in the choices
       of the people on the task force. All councils, assemblies, etc. If those groups are asked to
       nominate someone from their group—I really hope it has the feeling that the whole
       campus came together from the grassroots up instead of appointing a member
       arbitrarily. Hope it gets a lot of press so people feel like they’ve had a chance to share in
       this challenge.
   Is there a better way to find out what decisions have been made by the Regents? The
    branding issue came up at a Faculty Council meeting and someone said the Denver Post
    was going to announce the branding initiative; the decision had been made last summer
    by the Regents.
                 o Next 60 days it will be rolled out.
                 o The Silver and Gold was so great at rolling out information from Regents
                 o Online newsletter is not working? Please review it and suggest alternatives
                 o Glode-my understanding, after having written an inflammatory letter, is that
                   they don’t have the staff to cover meetings like the S&G used to have.
                   Whether or not the online version is doing the job is unknown versus print,
                   but it is true from the person in charge is that they don’t have the staff to
                 o Jameson—it was also about communicating across campuses, and I can’t say
                   I’ve had conversations since the online version. It’s one of those things where
                   you send it to a folder in your Outlook and say I’ll look at it later.
12:30 PM         Dick Traystman, Vice Chancellor for Research
     Short recap on NIH grants: 10.5 billion dollars- went to fund a variety of different types of
      grants, stimulus or ARRA institutions.
     UCD submitted some 590 grants within the past year. Out of 590 we received 135, roughly
      20%. Amount of dollars generated: approx 55 million in the past year with the ARRA
      money. That’s the good news!
     Problem is that the ARRA money will disappear at the end of 2010. NIH budget is
      proposed at 2.5% above the original 30 billion dollars. Roughly 10 billion dollars which has
      not made up anywhere near enough to increase the NIH. A lot of people who were funded
      through this money will be out of money by end of 2010. Research for those grants will
      probably have to be curtailed, people researchers have hired may have to be let go.
     Other institutions have as many grants; there will be 1000’s of grants not funded through
      ARRA, all losing money at once so all those people will be in the same pool to apply for
      grants. Looks a bit bleak, but I’m enthusiastic that our investigators have done so well
      before, during, and after the ARRA funding.
     Many grants are very specific and can only do certain things with monies from the grant.

12:45 PM          Lilly Marks, Sr. Associate Dean, Administration & Finance
     Report: School of Medicine budget issues, specifically how that’s exacerbated by the
      clinical revenue.
     General fund issues: each of our schools, as of April 1st has little idea at school-level of
      what’s going to happen.
     Currently, 1.2% our budget is 1 billion dollars, 12 million dollars from state funds. In terms
      of percentage, in terms of general funds dollars being the only concrete funds we have, it
      really does make an impact.
     We’re looking at making a series of cuts to save our departments. Looking at the sale of
      building in Aspen (clinic); the annual subsidy is just too expensive. Had plans to expand
      into Grand Junction, we’ve backed away from that.
     Looking at other programs to cut; trying to pull out about one million dollars. The general
      fund is only 1.2% but they’re the only hard dollars. Unlike the rest of the University and
      other AMC schools, our faculty is basically required to generate nearly all of their own
      salary. There are big recruitment and retention issues because they’re under constant
      pressure to generate every dollar.
     An osteopathic school in the area has students who will be having clinicals this year and
      they are buying their clinical clerkships, which will mean fewer options for our students.
     Tuition increases are not reasonable for School of Medicine because we only have 640
      students. The burden on the students is already. Because we’re totally leveraged on soft
      funding, we have 55 million dollars in ARRA grants that go away in a year. In addition to
      the state concerns the School of Medicine is looking around the corner of 55 million of our
      budget going away. Have started conversation with executive committee.
     Clinical revenue at UPI has had great subsidies from the grants. Disagree in the shading
      from Dr. Traystman, as he likened this to when the NIH doubling stopped in 2003—we
      went from having 15-16% increases to having 1-2% increases. In 2003 they did not remove
      all the money they put into the budget; it was all baked in and was just the regular road
      that flattened. Those dollars stayed in the budget, but with ARRA, those dollars come out;
      it’s dropping by a third.
     Medicare payments to physicians will drop 21% this Thursday, April 1st. How much impact
      is it going to have when more people at ER show up with insurance than not?
     Both hospitals on this campus are already full. Clinical time is already at capacity or at
      least nearing it.

1:00 PM          Provost Roderick Nairn
     Dr. Nairn: On the matter of AEDs, we did get to review your resolution. No surprise, we
      don’t have any extra money to do this, but we are willing to keep looking at it. We’re
      committed to find the money to maintain the AEDs after they are installed. It would cost
      about $220,000 initial cost, 20-30k after installation.
     Jeff & Rod will send Mike Glode the map for AED locations.

1:20 PM           Terry Potter, Assistant Vice Chancellor for Academic Effectiveness
     Have over 200 pieces of data. Heard from HLC about potential make-up of review team.
     Great response from campuses regarding Cross-cutting themes suggestions
     Next issue we need to think through-we’ll be releasing drafts throughout the next few
      months to get some feedback as we move to a more analytical self-study.
     For the fall, we’re thinking about ways in which we can get more engagement. Prepared
      to go to any group and talk—when the accrediting group comes here, they’ll talk to
      everyone who will meet with them; what do you know about the self-study, did you feel
      included, etc. Any ideas on how we can make this more effective? It is going to be
      something the reviewers will want to hear about.
     Will you be putting the self-study on the web?
                  o We expect to have the chapters soon.
     Impression for School of Medicine—most effective communication which faculty are
      actually reading—Dean Krugman’s email about “what’s going on here”?
     Push polling may be a good way to get the word out.
     Need to realize that some chapters would illustrate things we need to work on, and we’ll
      give you a forum to help make suggestions.
     A bullet-point PowerPoint we could read—cliffs notes for self-study. Understand the
      criteria, where we fit in, and where we have room for improvement.
     From the library, library website is a pretty central website—would be a good idea to
      utilize library site.

1:30 PM         Adjournment

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