The Regents, meeting in regular session
Friday, April 25, also established a new recreation fee, approved an increase in the student activity fee and approved the University's 2004-
10 capital plan, which includes a new $75
million science building.
The budget guidelines also include:
- A health insurance program that includes
"only modest increases in co-pays, and makes
family coverage more affordable," according
to President Joanne Glasser.
- A $300,000 pool to address documented
faculty and staff salary-adjustment issues.
- The reallocation of $600,000 to the Provost's
Office to be available to meet academic
priorities. In addition, $150,000 has been
allocated to Student Affairs to further enhance
out-of-class experiences for EKU students.
- An allocation of $800,000 to expand
Development activities and to move several
existing staff positions from Foundation
funding to University funding. "I firmly believe
this investment will produce healthy returns as
we successfully market Eastern and prepare to
mount a capital campaign in the not-toodistant
future," Glasser said.
- A first-time base budget allocation of $250,000
to partially address deferred maintenance
- An increase of $1.4 million to the University's
contingency fund. "Rebuilding our contingency
and unallocated fund balance is critical
to the economic health of our University,"
Glasser said, "and will give us the flexibility we
need to weather fiscal problems."
The University will vote on the 2003-04
University budget at its next regular meeting June
The Regents approved a $60-per-year
recreation fee for full-time undergraduate and
graduate students to provide the funds necessary
to operate and maintain Phase 1 of the Campus
Recreation Center now under construction. The
cost for part-time undergraduate and graduate
students will be $30 per year. Faculty and staff
will pay $180 for an annual membership.
The facility, expected to open in the Spring
2004 semester, will include a state-of-the-art
exercise and fitness facility and will offer
enhanced programs such as exercise classes and
aerobics. Also, the fee will eliminate the current
intramural sports entrance fee of $20 per sport
per team, and will fund improvements to the
University's intramural complex.
A $30 annual increase to the Student Activity
Fee will be dedicated to the expansion of
opportunities for women to compete in
intercollegiate athletics. Athletics Director John
Shafer is proposing that the University field a
women's soccer team for the 2005-06 season.
EKU is one of only two Ohio Valley Conference
schools without a women's soccer team.
"I am pleased that these recommendations
do not include an additional increase in student
tuition," Glasser said. "Even with the addition of
a couple of new student fees, the increase in the
cost of attending EKU will remain very modest
and tuition will remain well below that of other
The 2004-10 capital plan approved by the
Regents assigns top priority to the completion of
Phase 2 of the Business & Technology Center and
Campus Recreation Center. Glasser called the
new science building a "significant addition" to
Also at their April 25 meeting, the Regents
approved bylaws formally establishing a staff
council composed of 18 elected representatives
from a cross-section of the campus community.