Katherine Johnston discussed the financial performance for the AHC in the first three quarters of the 1998-1999 fiscal year. Revenue collections in non-sponsored programs through March are above the same period in FY 1998. Expenditures through the third quarter are on target. All of the organizational units in the AHC have positive current balances except the Medical School. Sponsored program revenues through the third quarter are four percent higher than the same period in FY 1998.
Expenses are up by one percent.
Jeanette Louden reported that priority areas over the coming months in the AHC Human Resources office include guiding the implementation of PeopleSoft, leadership development, further process redesign, speeding the hiring processes, improving compensation practices, and self-assessment and improvement. Lorie Wederstrom stated that the strategic facility plan of the AHC was presented to the Facilities Committee of the Board of Regents in March. Their comments were favorable and the next step will be to work with central planning to create an AHC precinct plan. This plan will allow the AHC to identify the land use options on campus by evaluating AHC needs for expansion against constraints of infrastructure, parking, roadways and cost. Beginning August 1st, OML will be abated and utilities decommissioned before it is torn down.