SUBJECT: FY 2004 Budget Guidelines
The Administration developed guidelines for the FY 2004 budget in consultation with the Regent's Budget and Finance Committee whose last meeting was July 17.
The Budget Guidelines include a budget for tuition, sales tax and state aid revenues, a recommendation for performance increase policy for faculty and staff, and selected recommended operating expense increases.
Based upon Regents Budget and Finance Committee consultation, President Farley will present the Budget Guidelines at the July 23, 2003 meeting.
date Jerry B. Farley, President