Question 1 and 2

[Zheng Wang]

Hey guys,

Attached are the graphs for question 1 and question 2.

Best,
Zheng

________________________________________
From: econ-gro...@googlegroups.com [econ-gro...@googlegroups.com] on behalf of Warren Petrofsky [petr...@sas.upenn.edu]
Sent: Tuesday, April 09, 2013 7:52 PM
To: econ-gro...@googlegroups.com
Subject: Re: Question 4: What are your top three expense categories?

Here is a version with a column for FY14 where we can figure out what to
cut or where to add revenue.

-- Warren

On 4/9/2013 7:50 PM, Lisa wrote:
>
>
>
> On Apr 9, 2013, at 7:42 PM, lwink30 <lwi...@gmail.com
> <mailto:lwi...@gmail.com>> wrote:
>
>> 1. Aux Ent-Student Activity
>> 2. Instruction
>> 3. Student Aid
>

--
Warren Petrofsky
petr...@sas.upenn.edu
Director, Information Security and Unix Systems
Director, Natural Science Computing
SAS Computing - University of Pennsylvania
215-573-0999

[Zheng Wang]

Sorry, here is the file.

________________________________________
From: econ-gro...@googlegroups.com [econ-gro...@googlegroups.com] on behalf of Zheng Wang [zw...@gse.upenn.edu]
Sent: Tuesday, April 09, 2013 8:02 PM
To: econ-gro...@googlegroups.com
Subject: Question 1 and 2

[Warren Petrofsky]

Hi Everybody,

Apologies again for having to miss class on Tuesday night. I took a
stab at a first draft of a new proposed FY14 budget, which I'll attach.

I show that we lose about $60M in revenue from the 25% cut in tuition
and the 10% sequester, but I add $1M in crazy new money from selling
MOOC courses with a company like Coursera, and 2.3M from more aggressive
tech transfer of faculty inventions/discoveries.

I then balanced the budget with $55M in expense cuts, including a bunch
related to lower costs since we'll have fewer freshmen and sophomores.
(With that reason in mind I reduced academic support by 30%, instruction
by 5%, scholarships by 2%, and student aid by 10%.)

I also cut sponsored programs by $5M to match the sequester cuts, since
Jason pointed out that if you don't get the grants, you don't spend the
money.

I added 5% to student services to help transfer students and to build up
the campus experience (based on the little write-up he gave us), and
kept 5% of the instruction savings in instruction to continue to invest
in our undergrad teaching.

I also took 10% of the Athletics/ENT revenue and took it away from their
expenditures and used it to subsidize the rest of the budget, as our
handout suggested.

I'm not wedded to any of this, but thought I should do some work this
weekend to make up for missing Tuesday.

Hope this is helpful.

Thanks!

-- Warren

[Zheng Wang]

Hi guys,

I just put our graphs and data tables (Q1-Q5) into one document so that we can have a better view when we discuss the questions tonight in class. See the attachment.

See you guys in class.

Zheng
________________________________________
From: econ-gro...@googlegroups.com [econ-gro...@googlegroups.com] on behalf of Warren Petrofsky [petr...@sas.upenn.edu]

Sent: Sunday, April 14, 2013 9:40 AM
To: econ-gro...@googlegroups.com
Subject: Updated Proposed FY14 budget