11 Budget Projections


As described in the appended Table, only two new full-time faculty (I.1) are anticipated, both to be hired in 2000-2001 to start in Year 1 (2001-2002), with an average compensation (I.2) at the top of the regular Full Professor scale (plus 28% fringe benefits), and with allowance for Distinguished Professor supplements, if approved.


One Assistant Program Officer, beginning in Year 1, at the mid-range of the payscale, plus 28% fringe benefit.

One part-time College Assistant, beginning in Year 3, estimated to a maximum cost for 900 hours annually, at hourly rate. (May be deferred to Year 4 depending on enrollment and need.)


No equipment purchases are anticipated (II.1). Library acquisitions budget (II.2) is described separately below. Supplies and services costs are as shown in the Table, with Years 1 and 2 slightly higher to cover costs of faculty and student recruitment and program announcements and other one-time start-up expenses. Otherwise allowances rise modestly with expanding enrollment.


Table 4. Library Budget

  2000-2001 2001-2002 2002-2003 2003-2004 2004-2005
Core $10,000        
Reference $5,500        
Serials $7,500 $7,500 $7,500 $7,500 $7,500
Reserve   $3,000 $5,000 $5,000 $5,000
TOTAL $23,000 $10,500 $12,500 $12,500 $12,500

Cost Estimates

Core. Acquisitions of monographic items to support the five proposed Urban Education core courses. Of the 342 items listed in the course bibliographies, 164 (48 percent) are already owned; the estimated cost of acquiring the remaining 178 items is $10,000. This is a one-time only cost, to be incurred in academic year 2000-2001 and needs to be provided to the Mina Rees Library for the fiscal year beginning July 2000. Items will be in use starting September 2001.

Reference. Acquisitions of standard reference volumes (handbooks, specialized encyclopedias, etc.), based on lists of such volumes in other graduate education libraries. These are recent works of high quality and provide bibliographies and literature reviews across key subjects for the Urban Education program. The cost for approximately 79 items would be $7000. If we do not duplicate those held at the Hunter and Baruch libraries, the cost is reduced to approximately $5500.

Serials. The faculty have identified approximately 40 key professional journals that would be in high use and demand in the Urban Education program and are not already held by the Mina Rees Library. The library does already subscribe to approximately 25 percent of the faculty's initial list of highly desirable journals. We have reduced that list in half, partly by prioritizing and partly by excluding duplicates of titles to which Baruch or Hunter subscribes and that are not expected to be most frequently in use. The cost of the remaining necessary subscriptions is approximately $7500 per year. These subscriptions would begin for January 2001 and would need to be ordered during fiscal 2000-2001.

Reserve. Annual continuing acquisitions in support of the program are estimated as similar to those for a program of comparable size (Educational Psychology), with recognition that a new program will need to spend its full allocation, whereas a mature program may not. These acquisitions will be primarily items the faculty places on reserve for courses, including the specialization seminars in each of three identified sub-disciplinary areas. The estimated real cost is $3000-5000 annually, beginning at the lower figure in 2001-2002 when only the core courses will be taught (already mainly provided for above) and rising as the seminar courses begin to be taught in 2002-2003.


Headcount student enrollments are projected to grow as described in Section 3 (Table 1). FTE students are calculated on the agreed basis of 12-credits full-time at Level I, all students as full-time equivalent at Level II, and all students as 0.70 FTE at Level III.