WASHBURN UNIVERSITY OF TOPEKA
                                BOARD OF REGENTS
                                  A G E N D A
______________________________________________________________
DATE:      October 8, 1997
PRE-MEETING DINNER:   -  6:00 p.m.                 KTWU Studio
BUSINESS MEETING:     -  7:00 p.m.                 KTWU Studio
______________________________________________________________

I.   Call to Order            Chairperson Parks

II.  Roll Call
        Mr. Craig               Mrs. Porter
        Mr. Dick                Mr. Roth
        Mr. Engel               Mrs. Wagnon
        Mr. Ferrell             Dr. Ybarra
        Mrs. Parks

III. Approval of Minutes of September 10, 1997 meeting as circulated.

IV.  President's Report

V.   Old Business

        1. Washburn University:  State Financing   DISCUSSION

VI.  New Business

     A. Action Items:

        1. Faculty-Staff Salary/Wage Proposal
            for FY 1998                             Pres.Farley

     B. Consent Agenda:

        1. Personnel
           a. Faculty Personnel                     Dr. Sheley
        2. Purchases over $25,000
           a. Purchase of 21 Network Computer
              Terminals                             Mr. Mosiman
        3. Financial Reports
           a. Liquidated Claims Approval            Mr. Mosiman
           b. Public Fund Investments               Mr. Mosiman
           c. Depository Security Transactions      Mr. Mosiman

     C. Information Items:

        1. Budget Status Report for the Two Months
             Ending August 31, 1997                 Pres.Farley
        2. Strategic Financial Indicators
             Fiscal Years 1984-1997                 Pres.Farley

                           Agenda Item No.  VI.A.1. 
                      Washburn University Board of Regents

SUBJECT:      Faculty-Staff Salary/Wage Proposal for FY 1998  

DESCRIPTION:

Background:   At its July meeting the Board approved the expenditure of
approximately $200,000 from the FY 1998 Budget General Contingency Account
for an additional salary/ wage program increasing the University's overall
salary/wage pool increase for the 1998 fiscal year to 3.5% (excluding Law,
KTWU and auxiliaries which are covered by separate financing plans),   This
would have the effect of providing the same overall salary/wage increase
for Washburn University employees which was provided for employees at the
state Regents' universities.  The administration was given the directive to
determine how best to allocate the additional amount.   After Board
approval was received, a committee consisting of faculty, staff and
classified employee representatives met on several occasions to develop a
proposal for allocating the $200,000.  Several allocation alternatives were
proposed and carefully reviewed.  The final proposal received broad based
support.

The proposal is that $200,000 for the fiscal year "be divided on a per
capita basis, based on a full-time equivalent appointment, among employees
who are continuing, benefit eligible employees as of July 1, 1997, and paid
from the General Fund" and that  one-half of the per capita increase be
made to those employees payment in January, 1998 spreading the remainder of
the amount over the rest of the contract year.  Further, committee
recommended that the per capita increase be included in the base salary for
computation of increases for the next fiscal year.   The estimated increase
per full-time employee is estimated to be approximately $400.  (Law School,
KTWU and auxiliary units will not receive funding from this source;
however, the area heads of these units may give some or all employees
equivalent raises out of their own financing plans.)   The administration
proposes implementation of the committee's recommendation by making the
one-half lump payment to those employees who were continuing, benefit
eligible employees as of July 1, 1997 and still employed as of the December
15, 1997 payroll and issuance of a new appointment contract to such
employee effective for January 1 through June 30, 1998, including the per
capita increase in his/her new annual base salary and superseding the
current appointment. The new annual basic salary amount then would be the
amount upon which the employees'  FY 1999 compensation will be computed.

RECOMMENDATION:

President Farley recommends that the $200,000 available resources to
provide employees an additional salary/wage increase be allocated as
recommended by the special committee. 

      9/22/97                            /s/                          

        (date)                   Jerry B. Farley, President
                          Agenda Item No.  VI.B.1.a. 
                      Washburn University Board of Regents

SUBJECT: Faculty Personnel

DESCRIPTION:

Hire Jessica Wakefield as Artist in Residence/Concertmaster in a joint
position with the Music Department and the Topeka Symphony Orchestra for
one year.  Hire Anne-Liesse Persehaye as a Lecturer in the Department of
International Studies for the Fall 1997 semester only.  Appoint Nancie
Palmer as Acting Assistant Chair, Fall '97/Acting Chair, Spring '98; in the
Department of Social Work effective September 5, 1997.  Her contract will
remain a 9-month contract.

FINANCIAL IMPLICATIONS:

Wakefield's annual academic salary will be $30,000.  Her position line #
will be 24500-14-2(a new line #).  The College of Arts and Sciences will
fund $15,000 from position line #17500-13-2.  The remaining $15,000 will be
funded through a grant contract with the Topeka Symphony Orchestra. 
Persehaye's position line #32500-08-2 will be funded from salary savings in
the College of Arts and Sciences, the amount is $10,930.  Palmer will
receive an administrative stipend of $2,000 for duties as acting assistant
chair/Acting Chair in FY98.  Salary savings from line #28000-02-2 will
provide $1,000.   The remaining $1,000 will come from the sabbatical
reimbursement for the spring semester.  Palmer's annual academic salary for
1997-98 will then be $39,500.

RECOMMENDATION:
President Farley recommends that the Board approve the above faculty
personnel changes.

   9/22/97                         /s/                
    (date)                     Jerry B. Farley, President
                          Agenda Item No.  VI.B.2.a. 
                      Washburn University Board of Regents

SUBJECT:   Purchase of 21 Network Computer Terminals 

DESCRIPTION:

Mabee Library received a University Technology Grant to construct an
electronic classroom.  This classroom will be used for library instruction
and as a computer lab when classes aren't scheduled.  It will seat 35 and
will include 20 x-terminals for student use and an instructor's workstation
from which a demonstration search can be conducted and viewed by the
students via a projected image.  At the end of each class session, time
will be allowed for students to get some hands-on practice with the
databases they were taught.  

When the classroom is used as a lab, students will be able to use all of
the programs available to them from the library and the Academic Computer
Center.

This purchase will enhance the learning experience of the students at
Washburn by providing them with additional experience in information
literacy and by providing them with an additional computer lab for the 90
hours per week the library is open.

The electronic classroom will be jointly managed by Mabee Library and the
Academic Computer Center.

FINANCIAL IMPLICATIONS:

This purchase is within the amount approved by the Board of Regents as
recommended by the Electronic Technology Committee from the G&R 13-07303
Electronic Technology Grant fund.

RECOMMENDATION:

President Jerry B. Farley recommends the purchase of 21 NC217 computer
terminals and keyboards from Tektronix in the amount of $27,515.00.

    9/22/97                        /s/                    
    (date)                     Jerry B. Farley, President
                          Agenda Item No.  VI.B.3.a.  
                      Washburn University Board of Regents

SUBJECT:     Liquidated Claims Approval            

DESCRIPTION:

Attached is the list of claims processed for the month of August 1997 by
fund.  Following is a capsheet of all claims by fund.  The payroll claims
will be presented to the Board of Regents for review at the October 8, 1997
meeting through the Chairperson.

To the best of my information and belief, I certify that the liquidated
claims submitted in this transmittal are in compliance with all applicable
laws and University policies.
                _____________________       __________
                      Louis E. Mosiman               Date

Fund No.                               Fund Name         Total Claims  

(1)     General Fund           $1,841,700.60
  ($3,700,000 were public fund investments)*
(2)     Debt Retirement and Construction Fund     None
  ($125,000 were public fund investments)*
(3)     Building and Construction Fund  $177,813.27
  ($250,000 were public fund investments)*
(4)     Endowment Fund         $94,408.23
  (of this amount, $94,408.23 was investment)
(5)     Student Loan Fund      $,539.00
(6)     Employee Benefit Construction Fund        None
(7)     Liability Expense Fund $9.98
(8)     Restricted and Agency Fund                      $457,813.10
  ($950,000 was investment)*
(9)     Plant Fund             None
(11)    Development Fund       None
(13)    Government and Research Fund                    $  195,156.43
  
                               Sub-Total$2,770,650.61

                               Payroll$1,878,045.35

        *Wire Transfers (Investments)$5,025,000.00

                               Total $9,673,695.96


   9/22/97                         /s/                    
   (date)                      Jerry B. Farley, President
                          Agenda Item No.  VI.B.3.b. 
                      Washburn University Board of Regents

SUBJECT:     Public Fund Investments             

DESCRIPTION:

The Treasurer reports the following public fund investments:

  Public   Wall Str.
  Invstmnt Fund       Journal T-Bill     Successful
  Amount    Period    Rates    Rates      Rate   Bidder      Rate

$1,200,000  247 days  5.58%    5.55%     5.12%  Kaw Valley  5.95%

$  250,000  297 days  5.58%    5.55%     5.57%  MIPs        5.68%

$  750,000  217 days  5.58%    5.55%     5.49%  Mercantile  5.51%

$  125,000  339 days  5.68%    5.55%     5.59%  MIPs        5.68%

$  500,000  252 days  5.51%    5.60%     5.19%  Mercantile  5.51%

$  380,000  287 days  5.51%    5.60%     5.19%  Mercantile  5.46%

Bids for investment of Universitiy's public funds are solicited from area
financial institutions in accordance with University policy and in
conformance with state law regarding public fund investment (K.S.A. 9-1401
et. seq. and 12-675  et. seq.)

RECOMMENDATION:

Dr. Jerry B. Farley recommends approval by the Board of Regents of the
Public Fund Investments reported in the description above.

    9/22/97                      /s/                     
    (date)                     Jerry B. Farley, President
                          Agenda Item No.  VI.B.3.c.  
                      Washburn University Board of Regents

SUBJECT:     Depository Security Transactions                  

DESCRIPTION:

Following is a list of the depository security transactions that have
occured:

AUGUST/SEPTEMBER 1997

WITH MERCANTILE BANK

 516366AV3  Lansing KS Swr Sys Rfndg/Impt
     Maturity 9-1-98
     Released 8-29-97                              $60,000
 516366AW1  Lansing KS Swr Sys Rfndg/Impt
     Maturity 9-1-99
     Released 8-29-97                              $40,000
 912827C67  7 1/8 Note H 98
     Maturity 10-15-98
     Added 8-27-97                            $1,000,000
 3135867R4  5.25 FNSM 98 L
     Maturity 3-25-98
     Added 8-28-97                               $145,000
 313389PD4  5.215 FHDR 94-98 DG
     Maturity 7-8-98
     Added 9-3-97                                $280,000

WITH UMB BANK KANSAS

 3128DDMU4  6.5 FGPC G50371 G
     Maturity 9-1-01
     Added 8-1-97                             $2,000,000
 912827X49  6 3/8 NOTE G 01
     Maturity 3-31-01
     Added 8-1-97                             $1,000,000

WITH CAPITAL CITY BANK

 98239HF6  Bonner Springs KS UTGO
     Maturity 9-1-97
     Released 9-11-97                              $95,000

The Treasurer believes the University deposits are properly secured in
accordance with Kansas law (K.S.A. 12-1675 et. seq.   See note on 9-15-82
agenda item VI.J. 

RECOMMENDATION:   Approval by the Board of Regents of the Treasurer's
Report that the University funds are properly secured.

   9/19/97                           /s/                      
  (date)                                                     Jerry B. Farley, President
                           Agenda Item No.  VI.C.1.  
                      Washburn University Board of Regents
                             INFORMATION ITEM ONLY

SUBJECT:  Budget Status Report for the Two Months Ending August 31, 1997

DESCRIPTION:

E & G revenues are estimated to be $39,302,707 and expenditures (assuming
unexpended appropriations of $1,049,000 net of the $200,000 in salary
increases) of $39,079,452, for estimated net operations of $223,255. 
Auxiliary revenues are estimated to be $3,860,412 with expenditures
(assuming unexpended appropriations of $100,000) to be $3,831,795 for net
auxiliary operations of $28,617.  The forecast net operations for the total
General Fund is thus $251,872.

Included in the positive net operating projections are some items that vary
both positively and negatively.  Tuition revenue is forecast to decrease
$(100,558), primarily because graduate hours were over budgeted and
undergraduate hours were under budgeted.  However, since graduate tuition
is higher than undergraduate tuition rates, there is a net loss of tuition
dollars compared to budget.

Other changes include Continuing Education.  This area is budgeted for
revenues of $633,158, but actual revenues last year were $315,000.  The
revenue shortfall will be largely offset by estimated unexpended
appropriations of $175,000 from salary savings in two vacant positions and
unexpended program appropriations.

Tax revenues will be up $60,815 over what we estimated Washburn would
receive in July and August.  Last, but not least, salary expenses are
projected to increase approximately $200,000 per the proposed salary
increase program.
                                               Prepared by:  Bill
Radcliffe, Budget Director

FINANCIAL IMPLICATIONS:  An operating surplus is forecasted for the General
Fund.

      9/22/97                      /s/                     
     (date)                    Jerry B. Farley, President

FULL REPORT IS ON RESERVE AT MABEE LIBRARY, LAW LIBRARY, OR  MAY BE
REVIEWED IN THE OFFICE OF THE VICE PRESIDENT FOR ADMINISTRATION AND
TREASURER.
                          Agenda Item No.  VI.C.2.   
                      Washburn University Board of Regents
                             INFORMATION ITEM ONLY

SUBJECT:  Strategic Financial Indicators, Fiscal years 1984-1997     

DESCRIPTION:

The attached report, Strategic Financial Indicators Fiscal Years 1984-1997,
has been prepared annually since 1984 as a means of evaluating the
effectiveness of the University's administration in using University
resources.  The data reveal generally that Washburn University is sound
financially and has been stable financially in the time frame the annual
evaluation has been performed.  The data also show that proportionately
state revenues  for Washburn are much lower  than state funding for other
four year public universities.  Highlights from the report include:

       Academic expenditures (instruction, academic support and scholarships)
        constitute nearly 66% of the total consolidated educational and general
        expenditures. 

       State funding for Washburn University is only 17.7% of the budgeted
        revenue  compared with 49.1% of institutions in the first quartile and
        61.5% in the third quartile of all public four year universities .

       State and local funding for Washburn University is only 43.7% of the
        total revenue compared with 49.6% of institutions in the first quartile
        and 67.2% of those institutions in the third quartile of all public
        four year universities.

       Institutional (administrative) support expenditures by Washburn
        constitute 10.9% of educational and general revenues compared with
        11.7% of those institutions in the first quartile and 12.7% in the
        third quartile of all public four year universities.

       Endowment income to Washburn is 1.9% of educational and general revenue
        compared with .03% of those institutions in the first quartile and 1.1%
        of those in the third quartile of public 4-year universities.


         9/22/97                    /s/                     
         (date)                                                            Jerry B. Farley, President

FULL REPORT IS ON RESERVE AT MABEE LIBRARY, LAW LIBRARY, OR  MAY BE
REVIEWED IN THE OFFICE OF THE VICE PRESIDENT FOR ADMINISTRATION AND
TREASURER.





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