The SM调教所 Board of Regents reviewed initial budget and tuition proposals for 2023鈥�24 and approved the renaming of SM调教所 Boulder鈥檚 Fleming Building during its meeting Feb. 9鈥�10 at the Auraria Campus.
Regents also discussed the SM调教所 system strategic plan, received a report on state demographic trends, and heard public comments on wages and job stability for non-tenure-track faculty and campus concealed carry policies.
It was the first regular meeting for new regents Wanda James, Frank McNulty and Mark VanDriel, who were elected in November.
Budget and fee proposals
Chief Financial Officer Chad Marturano presented initial budget scenarios for all four campuses during Thursday鈥檚 meeting.
Key aspects of SM调教所 Boulder鈥檚 budget proposal include:
- 4% increase in tuition for incoming undergraduate resident and non-resident students鈥攂ecause of SM调教所 Boulder鈥檚 tuition guarantee, only new students, not continuing undergraduates who will complete their degrees in four years, will see an increase in their tuition.
- 4% tuition increase for graduate students.
- 4% merit compensation pool for university staff, faculty and graduate students on appointment. The campus plans to propose an additional 4% merit pool for the 2024鈥�25 fiscal year, if funds are available, to allow a total 8% merit pool over the next two years.听
- 5% across-the-board pay increase for classified staff in line with the state of Colorado.
- Minimum wage increases for staff ($18/hour) and student workers ($16/hour).
Regents will vote on the budget proposals during the April meeting before the new fiscal year begins July 1.听Read more about the proposals in SM调教所 Boulder Today.
Public speaks on non-tenure-track faculty, concealed carry
Regents heard from SM调教所 Boulder Professor Emily Harrington, who shared concerns about wages and job stability for non-tenure-track faculty. She was joined by about 40 individuals, many wearing red and carrying signs supporting her message.
She presented a petition led by United Campus Workers of Colorado advocating for improved wages, greater job security and more career advancement opportunities, and she encouraged the campuses to do more to support those vital employees.
SM调教所 Boulder has taken steps toward addressing the concerns in recent years. SM调教所 Boulder also supports proposed legislation to extend the length of term contracts that it can offer to non-tenure-track faculty.
Board Chair Lesley Smith thanked the representatives for sharing their perspectives.
鈥淲e all know that SM调教所 faculty and graduate students are critical to carrying out the educational and research mission of our university,鈥� Smith said.
The board also heard from 14 individuals, primarily students from SM调教所 Student Government, who urged regents to consider a petition to ban the concealed carry of guns on all SM调教所 campuses.
Regent policy currently requires SM调教所 campuses to allow concealed carry in most public spaces.
One SM调教所 Denver student spoke in favor of concealed carry on campus, urging regents not to strip away constitutional rights.
Regents agreed to discuss the topic further in the University Affairs Committee in April.
SM调教所 President Todd Saliman said he looked forward to the conversations and thanked speakers for sharing their comments.
鈥淪afety is a paramount priority for all of us, for the entire Board of Regents, for the chancellors, and for me鈥攁nd obviously it is for the entire SM调教所 community,鈥� Saliman said.
Strategic plan update听
The regents also received an update on the third pillar of the SM调教所 system strategic plan, outlining new goals and steps being taken to retain faculty and staff members who are Hispanic/Latino, Black/African American, American Indian or Pacific Islander. It also includes people who identify as 鈥渕ore than one race鈥� that includes these identities.听
The university has identified goals for increasing retention in these populations as a key metric of the strategic plan.
In fiscal year 2021鈥�22, 7% of faculty and 17% of staff at SM调教所 Boulder identified as one or more of those four populations.
During that time frame, SM调教所 Boulder hired 572 new faculty members, of which 65 were Hispanic, Black, American Indian or Pacific Islander. And it retained 3,620 faculty members, of which 279 identified within those populations.
In 2021鈥�22, SM调教所 Boulder hired 785 new staff members, of which 150 were Hispanic, Black, American Indian or Pacific Islander. The campus retained 3,717 staff members, of which 617 identified within those populations.
The campus has set a goal of retaining 90% of all faculty and staff members by 2026.
Marturano also shared several actions the campus is taking to increase the hiring and retention of underrepresented employees, including steps to form new affinity groups on campus, inclusive hiring practices听and other steps.
The regents, chancellors and other campus leaders met in breakout groups to discuss the data and goals.
Demographic projections
Elizabeth Garner, state demographer for Colorado, described 听that will impact college enrollment and Colorado鈥檚 workforce in the decades to come.
鈥淏ig picture, we see the population slowing down,鈥� Garner said. 鈥淏irths are down, and deaths are up.鈥�
She also touched on migration trends in Colorado and described how population changes interact with housing supply, the labor force and long-term economic development. She encouraged regents to consider various ways to broaden the base of prospective students if they wish to maintain or grow student enrollment.
Finally, she presented information on how Colorado's population is changing due to migration and in terms of race and ethnicity. Garner highlighted the growth in Colorado鈥檚 Hispanic population, particularly in the population aged 0鈥�24 years, and spoke about the state鈥檚 need to close the attainment gap in the Hispanic and Black populations.听听
鈥淐olorado is not a very diverse state to begin with, but we are finally becoming more racially and ethnically diverse,鈥� she said.
Despite the challenges, Garner forecasted population growth to continue in Colorado because job growth is expected to continue in certain industries.
鈥淏iggest picture, we鈥檙e continuing to grow, but at a much slower rate,鈥� she said.
Other business
The board also:
- Approved the renaming of SM调教所 Boulder鈥檚 Fleming Building to the Ofelia Miramontes and Leonard Baca Education Building in honor of two trailblazing faculty members in the School of Education. Before the regents鈥� vote, Chancellor Phil DiStefano spoke of the contributions and lasting legacies and contributions of Miramontes and Baca.
- Approved the appointment of Karolin Luger to the position of SM调教所 . She, along with four other SM调教所 Boulder faculty members who recently received the honor, will be recognized at a celebration this spring.
The next regular board meeting is April 27鈥�28 at SM调教所 Anschutz Medical Campus.
