ITS Budgets
With all the attention on the current economic conditions I've been asked about the ITS budget, specifically if we are vulnerable to serious losses. The most honest answer I can give is probably not.
There is no certainty as we're tied to the macro economic events just as the rest of the University is. Our enrollment is strong, our applications pool is large, and the University's stewardship of funds is very good. Those all reassure me that the bulk of our budget funding will remain intact.
Some have also asked if we might be vulnerable to the same problems that led UW to eliminate scores of central IT positions? If you'd like to read the UW report on what happened there, it can be found at <http://www.washington.edu/uwtech/workgroup.html >.
Like most central IT units we do provide services for which we charge a fee, and we provide products for which we charge. As a percent of our expenses these recovered amounts are about 23%. Our charge-back systems to collect these amounts are stable and well managed.
Much of this income is derived by immediate payments for purchases made at the Computer Store, or through internal direct billing to University budgets. The amount dependent upon manual billing efforts is very small.
Although it looks like uncertainty will continue in the markets, I think we're well positioned to ride out this period as we have past periods of market unrest, and am convinced the best way for us to proceed is to continue to put our energy into doing the best job we can to provide effective and efficient services that support the University's mission.
There is no certainty as we're tied to the macro economic events just as the rest of the University is. Our enrollment is strong, our applications pool is large, and the University's stewardship of funds is very good. Those all reassure me that the bulk of our budget funding will remain intact.
Some have also asked if we might be vulnerable to the same problems that led UW to eliminate scores of central IT positions? If you'd like to read the UW report on what happened there, it can be found at <http://www.washington.edu/uwtech/workgroup.html >.
Like most central IT units we do provide services for which we charge a fee, and we provide products for which we charge. As a percent of our expenses these recovered amounts are about 23%. Our charge-back systems to collect these amounts are stable and well managed.
Much of this income is derived by immediate payments for purchases made at the Computer Store, or through internal direct billing to University budgets. The amount dependent upon manual billing efforts is very small.
Although it looks like uncertainty will continue in the markets, I think we're well positioned to ride out this period as we have past periods of market unrest, and am convinced the best way for us to proceed is to continue to put our energy into doing the best job we can to provide effective and efficient services that support the University's mission.
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I believe you're right on regarding our position. What we have to remember is that we always need to be good stewards of our budgets and do the right thing for Penn State. We also have to remember that even with the most recent .75% cut this year. We have to make the right decisions with the 99% that's left!