June 2011 Monthly Update

 

Admissions Update:  As of June 15, we stand at 654 active deposits (707 total deposits).  We continue to monitor summer melt closely.  Since it has been running on the higher end of the average, we did make a small number of offers to students on our waiting list and are awaiting their responses.  We expect that all of these numbers will continue to move around a bit before we settle at our final enrollment.

Financial Report: Operating revenues should meet expectations and operating expenses are 2.2% less than projections.  Most expense areas continue to be less than last year.  Everyone on campus has played a role in this new culture of thrift.  We expect to generate a surplus of over $2 million this year.  The endowment market value as of 4/30/2011 is $242,268,000.  Ten month investment return is 22%.  Through June 15 cash gifts total $14.3 million compared to $16.3 million at this time last year.  The annual fund has closed the gap slightly and is now 3-5% behind last year in total commitments. 

Reunion attendance:  We greeted a nearly record high level of guests with well over 1000 on campus, and reunion alumni presented over $7 million in gifts and future pledges to the University.   

Office Moves: You’ll see in the list of capital projects below the reclamation of student residence space in Whitman Hall. Thanks to our staff colleagues who have been working in Whitman in for their understanding and wonderful cooperation.  These offices will move to temporary space this summer and then to a modular building to be placed adjacent to Whitman Hall in the fall.  From late June through late August, you’ll find these offices as follows:

HEOP:                                                Lee Hall
Academic Advising:                           Memorial Hall (R. Thacker) and Bewkes 317 (J. Torres)
Special Needs:                                    Bewkes 314-316
CSTEP/McNair:                                  Bewkes 322 and 326
Center for Civic Engagement:            Bewkes 321 an 322
First-Year Program:                            Flint 211 (Crosbie-Currie), Valentine 217, 218 (Bishop and 
                                                            Daniels), Bewkes 318 (Boyette)
Summer Campus Refurbishments, Repairs and Renovations: We have an ambitious summer facilities plan to improve energy efficiency, assure safety and enhance campus life.  Projects in progress:

Summer Campus Refurbishments, Repairs and Renovations: We have an ambitious summer facilities plan to improve energy efficiency, assure safety and enhance campus life.  Projects in progress:

  • Whitman Hall-renovations to accommodate new residential space
  • 62 Park-renovations to for residential space
  • Lee Hall-residential refurbishment
  • Dean Eaton-fire alarm upgrade 
  • Lee Hall-abatement        
  • Sykes Hall- replace steam, condensate & hot water piping, repair entranceway pillars and clock tower         
  • Hulett-Jencks-replace North entrance door  and West breezeway entrance door         
  • 17 College-repair entranceways           
  •  50 and 52 Park-Window replacement  and vinyl siding installation              
  • Memorial Hall,  11 Maple, 62 E. Main, 85 E. Main-replace roof on each building     
  • Atwood Hall-foundation waterproofing
  • Gunnison  Chapel-re-point spire & bell tower 
  • Dana Dining Hall-re-point entranceway of Dana Dining Hall       
  • Herring Cole-Re-point façade of building, entranceways – repairs         
  • Appleton Arena -ice compressor renovation
  • Augsbury-replace column showers      
  • Newell Field House -repair West Wall           
  • Red Barn-shore up the red barn            
  • Block Building-replace entranceway doors   
  • Vilas hall-new boiler    
  • Entrance road-inner campus road to Eben Holden renovation
  • Campus-wide slate maintenance             
  • Steam line tunnel and piping replacement