To: NJIT Faculty, Staff and Students
From: Robert A. Altenkirch
Date: Monday, December 3, 2007
Subject: FY09 OMB Budget Submission
As you know, our budget needs are substantial. While the “full needs” budget contained in the OMB submission totals $104.8 million in new funding, we identified Critical ($77.7 million), Core ($10.1 million), and Priority ($17.0 million) Needs. The Critical Needs comprise a request for an increase in recurring State appropriations of 15.7% over our FY08 appropriation of $49.1 million for an FY09 request of $56.8 million plus $70 million one-time funds for renovation of Central High School. The recurring increase is requested to support an estimated salary program of $4.1 million, graduate assistant health insurance to bring our students on a par support-wise with our sister institutions, and recognition of an additional 249 full-time-equivalent employee positions to be consistent with State fringe benefit funding.
Core Needs are important for base operations, and, in most cases, are needs that have been deferred over a number of years because of fiscal constraints at the State level. Priority Needs requests by-and-large derive from the Strategic Plan, new and expanded academic program offerings, Library and Information Services and Technology enhancements, and facility improvements.