NJIT Faculty, Staff and Students
Robert A. Altenkirch
Monday, December 3, 2007
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.