Board sets budget, extends president's contract
BGSU trustees, at their final meeting of the fiscal year on June 19, extended the contract of President Mary Ellen Mazey for three years and granted her a
1 percent salary increase, effective Sept. 1.
Mazey was installed as BGSU president in 2011, with a five-year contract.
"President Mazey's passion and dedication to our University is unparalleled," said Board Chair Fran Voll. "We've been very pleased with her performance
over the last three years and are delighted to extend her contract to ensure BGSU's progress continues."
In other action, the board set the educational and general operating budgets for the Bowling Green and BGSU Firelands campuses for fiscal year 2015.
Tuition and general fees for both campuses, and room and board for the Bowling Green campus, are frozen for the 2014-15 academic year, based on earlier
action by the board.
The Bowling Green campus budget of just under $274.3 million approved by the board includes an anticipated $60.4 million in State Share of Instruction
(SSI), a reduction of 6.2 percent from last year. Fiscal year 2015 will be the second year of the state's significantly revised funding formula for higher
education, which is expected to result in greater yearly funding fluctuations, according to Chief Financial Officer Sheri Stoll. Total resources overall
for FY 2015 are expected to decrease by $6.3 million, or 2.2 percent.
The University will collect about $1.7 million from fees approved at the May board meeting. Enrollment is expected to remain relatively flat, with an
overall decrease in tuition and instructional fees of about $2.9 million.
The BGSU Firelands budget of almost $13.4 million is based on an anticipated $4.4 million in SSI, an increase of $117,000, or 2.7 percent, over last fiscal
year. Total tuition and fees are expected to decrease by $167,000, or 1.8 percent, from the previous year, reflecting a downturn in enrollment in 2014.
Budget priorities for both campuses for FY 2015 were mainly limited to salaries, benefits and a small increase to student scholarships. The collective
bargaining agreement between BGSU and the faculty association calls for a 4.0 percent salary pool, with 1.0 percent across-the-board, 1.0 percent merit,
1.0 percent fixed market and 1.0 percent market pool; the funds for these increases come from reallocations. In addition, a 1.0 percent compensation pool
was approved for all other employee groups, along with a small pool for salary adjustments for classified staff falling below their minimum classification
The board did approve a tuition increase for BGSU's consortial undergraduate program in nursing with the University of Toledo, in keeping with Toledo's
tuition rates and in accordance with the agreement between the schools. Fees were not raised at either institution. The increase amounts to about $93 per
semester for 12 credit hours.
The trustees again turned their attention to the replacement of campus Greek housing, a $30 million project. Following their approval of funding for the
architecture and design/build firms at the May meeting, the trustees voted to allocate just over $2 million for the next step in the process, the
demolition of the old units and relocation of utilities in the area. The money will come from the Residence Life Renewal and Replacement Reserves.