DSA Budget

Workshop
Budget Oversight Committee
Chapin University
March 29, 2022
 Who are we?

Courtney Warx
Kylie Sievers Amanda Wesche
Vice President of Student
Dean of Students Director of EDI
Affairs
Budget Oversight Committee
Our committee assists the Division of Student Affairs in managing resources in a model of
collaboration and shared leadership. The main functions of this committee are to review
and prioritize annual budget need requests and make allocation recommendations; make
recommendations for student tuition and fee changes; and make recommendations for
budget reduction strategies, if needed.

We have been charged with providing a professional development workshop for the DSA on
budgeting and resource allocation & management.
Learning Outcomes
Foundational Intermediate Advanced

Understand outside Understand the scarcity Advocate for resource

influences and limitations and political nature of distribution, fundraising, and
on institutional resources in higher evidence-based practice to
budgeting. Recognize the education. assist with resource
role institution mission, allocation.
Budget Oversight vision, and values Our goal is for all
Rubric contribute to resource participants to finish the Second goal is to get all
allocation. workshop at an participants thinking about
intermediate how they can develop an
Everyone should be understanding of advanced understanding of
entering this workshop at budgeting and finances in budgeting and finances in
a foundational level higher education higher education.
 Contemporary Materials

Finances in Higher Ed Pandemic's fall financial Cutting faculty salaries by

toll adds up executive order
2022-2023 Assumptions and Parameters
• Assumptions are factors that influence our budget, things we know or
assume to be true.
• A common assumption when budgeting, is enrollment. Chapin's target
enrollment is 5,500
• What are some assumptions for your departments' budget?
• Parameters are what guide and constrain our budget regarding both
creation and spending.
• How do the parameters of the budget influence the assumptions you listed?
• Example: We have parameters on enrollment, so we can only increase
enrollment so much.
 Budget Reductions

Eliminating
Across the
Freeze Targeted Restructuring Positions &
Board
Programs

Barr & McClellan (2015)

Activity 1: Cutting
Costs
Unfortunately, we will need to cut 2%
of all department budgets
• Create a short presentation on what
you'd cut from your budget and why
and what this means for your unit.
• Example: Dean of Students
Activity 2:
Initiative
Mind Matters is UWL's
proposed 2022-2025 initiative
focused on a public health
approach to promoting mental
health with a focus on
enhancing student success
through increased attention to
healthy campus environment.

Mind Matters website

Break
10 minutes
Activity 2: Initiative
As we return to campus, student
engagement is down. Students pay an
activities fee, how can we as a division
create an initiative to increase student
engagement using these funds?
• Create an initiative
• What is the purpose? How does it
align with our mission and values?
• What is the cost?
• Who are the stakeholders?
Activity 3 – Cheers
for Chapin
Cheers for Chapin is a 24-hour
campaign hosted by the DSA to raise
money for Chapin University,
particularly for...
• What is the money for?
• What is the fundraising goal?
• How will you engage students,
alumni, and donors?
2022-2023 Recap & Recommendations
• Allocation of Resources
• Allocation of Funds
• Student Tuition
• Student Fees

How can we maintain our high tuition high aid model? What should we
keep in mind?
Thank you!
Final
Thoughts
A balcony moment
References
Barr, M. J., & McClellan, G. S. (2018). Budgets and financial management in higher education. John Wiley & Sons, Incorporated.
Flaherty, C. (2022). Cutting faculty salaries by executive order. Inside Higher Ed. https://www.insidehighered.com/news/2022/03/04/mizzou-defends-presidents-right-
cut-faculty-pay-25?utm_source=Inside+Higher+Ed&utm_campaign=a379135791-DNU_2021_COPY_02&utm_medium=email&utm_term=0_1fcbc04421-a379135791-
237076505&mc_cid=a379135791&mc_eid=e698c63ce9
Student Affairs Now. (2022). Finance in higher education. https://studentaffairsnow.com/finance/
University of Wisconsin La Crosse. (2022). Minds matters: Public health approaches to student mental health. https://www.uwlax.edu/minds-matter/#tm-goals-of-the-
initiative
Whitford, E. (2021). Pandemic's fall financial toll adds up. Inside Higher Ed. https://www.insidehighered.com/news/2021/01/12/colleges-spent-millions-covid-19-
expenses-fall-even-sources-income-shrank-data-show