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Qberlin College VOLUME 1, NUMBER 2 rlin. Ohio THURSDAY, SEPTEMBER 20,1979 College ends fiscal year with $63,758 surplus Recording a total of $17,353,780 in general fund expenses, the College has ended its 1978-79 fiscal year with a budget surplus of $63,758 and is projec¬ ting yet another surplus, of $47,392, for 1979-80. Both income and expenditures were above those that had been projected for 1978-79, but the increase of actual over projected income, $183,936, more than balanced out the $134,960 increase in actual over projected expenditures. Total expenditures for the 1978-79 year, including both general and restrict¬ ed funds, were $19,049,919, up 5.2 per¬ cent from the $18,109,327 spent in 1977- 78. Of the $63,758 surplus, $48,613 was produced in the area of educational and general operations; $4,077 by the hous¬ ing and dining system, which showed the surplus after receiving $53,607 in income from summer conferences; and $11,068 by the Oberlin Inn, which had been ex¬ pected to show a deficit of almost $46,000. The actual surplus for the year was almost $47,000 more than the $16,820 surplus that had been projected. Compared to budget projections for the year, tuition income was up $43,613 (from $11,532,600 to $11,576,213) and current funds investment income was up $131,912 (from $200,000 to $331,912). Tuition income came in above projec¬ tions due to the addition of 14 more full-time student equivalents than had been anticipated, and the increase in current funds investment income was higher than anticipated largely because of an increase in interest rates being paid. Endowment income and income from gifts and grants was lower than had been projected. Endowment income had been projected at $4,155,800 and was actual¬ ly $4,133,156, a difference of $22,644. Gifts and grants income, not including current restricted funds, had been pro¬ jected at $815,000 and was actually $735,929, a difference of $79,071. The shortfall in endowment income reflects the fact that in accordance with the long-range financial plan an increas¬ ing amount of endowment income is be¬ ing reinvested. When restricted fund monies are included in the gifts and grants category, the total of $2,077,275 actually received is $117,839 higher than (continued on page 6) Clear, sunny skies and the prospect of lots of fun brought out more than 100 students, faculty, staff and their families for the OC "Day at Cedar Point" Sunday. Here stu¬ dents Jack McFarland and Margy Jackson whip around on one of the amusement park's many rides. (Photo by Daniel Friedman) Committees recommend changes in curriculum The educational policy committees and faculty councils of the College of Arts and Sciences and Conservatory of Music have developed sets of recom¬ mendations concerning curriculum of-ferings and allocations of faculty posi¬ tions within each division. The recommendations were drawn up following an intensive review of the en¬ tire College curriculum and are likely to have a significant impact on future changes in academic programs offered here. Resolutions concerning the curricu¬ lum in the College of Arts and Sciences identify a number of areas in which aca¬ demic programs could be initiated, strengthened or expanded. Among these areas are non-Western studies, writing skills, theater, computer science, intro¬ ductory chemistry for non-science ma¬ jors, women's sports, studio art, linguis¬ tics and literary theory, and women's his¬ tory. The College of Arts and Sciences res¬ olutions also single out four programs which could be considered as "less es¬ sential" than those listed above. These are the education program's teacher training program, European history, the physical education major, and the hu¬ manities program. While the humanities program is identified as less essential than others, a College of Arts and Sciences resolution suggests that the College "assign a high priority to the planning and implementa¬ tion of a strong and cohesive program of interdisciplinary studies that would en¬ compass but not be limited to the scope of the present humanities program." The Conservatory report recommends that several new or continuing positions be created, in the areas of accompany¬ ing, opera coaching, eurhythmies and aural skills, and recorder (half-time). It also suggests that the Conservatory seek funds for short-term residencies by guest conductors, and that composition be separated from music theory and be giv¬ en departmental status (this recommen¬ dation was approved by the Conservato¬ ry faculty in May). The report also recommends that two positions, one in the TIMARA program and one in chamber music strings, not be filled on a continuing basis until 1980-81, and that a piano department position be discontinued and reallocated for other purposes beginning in 1980-81. In addition to containing specific rec¬ ommendations, the Conservatory report notes that several program areas (opera theater, TIMARA, early music and jazz) are relatively new and that during the re¬ view process no proposals for creation of "totally new curricular areas" were re¬ ceived. It concludes that "it does not ap¬ pear that any large-scale reorganization of our resources is possible in the im¬ mediate years ahead." The curriculum reviews undertaken by both the College of Arts and Sciences and the Conservatory were predicated on the assumption that the total size of the College faculty will remain stable over the next several years. Recommen¬ dations of the long range financial plan adopted by the faculty in 1977 were based on this assumption. However, expansion of faculty size and academic offerings —at least on a temporary basis —is still possible, as money to be raised for current expenses under the 19/83 campaign includes a pool of $2 million slated to go for crea¬ tion of new academic programs. Recommendations from the College of Arts and Sciences and Conservatory groups will be forwarded for action to the appropriate committees or councils, or to the divisional faculties or General Faculty. Have you ever felt that students from the same high school keep turning up on campus? If you have, you're right. A relatively small number of schools consis¬ tently send their graduates to Oberlin. In the jargon of the admissions office, these schools are known as the "feeder" schools. Last year the biggest of the feeders (in terms of numbers of students "fed" to OC) were the 26 schools listed below with the number of freshmen each sent here. For more on the feeder schools—and what the College is doing about them —see page 3. U. of Chicago Lab HS (Chicago, III.) 10 Interlochen Arts Academy (Interlochen, Mich.) 8 Stuyvesant HS (New York, N.Y.) 7 Hunter College Campus School (New York, N.Y.) 6 Great Neck South HS (Great Neck, N.Y) 6 Lincoln Sudbury Regional HS (Sudbury, Mass.) 6 Taylor Allderdice HS (Pittsburgh, Pa.) 5 Walden School (New York, N.Y.) 5 HS of Music and Art (New York, N.Y.) 5 Fieldston School (Bronx, N.Y.) 5 St. Ann's Episcopal School (Brooklyn, N.Y.) 5 John Dewey HS (Brooklyn, N.Y.) 5 Hanover HS (Hanover, N.H.) 5 Newton North HS (Newtonville, Mass.) 5 Evanston Township HS East (Evanston, III.) 5 Kenwood HS (Chicago, III.) 5 Rocky River HS (Rocky River, Ohio) 4 N.C. School of the Arts (Winston-Salem, N.C.) 4 Dalton School (New York, N.Y.) 4 Hastings HS (Hastings on the Hudson, N.Y.) 4 Teaneck HS (Teaneck, N.J.) 4 Northfield Mount Hermon (Northfield, Mass.) 4 Walt Whitman HS (Bethesda, Md.) 4 Bethesda Chevy Chase HS (Bethesda, Md.) 4 Luther HS (Chicago, III.) 4 Georgetown Day HS (Washington, D.C.) 4
Object Description
Title | Oberlin Observer. 1979-09-20 |
Description | volume 01, number 02 |
Subject | Oberlin College--Periodicals |
Editor | Sherman, Mikie |
Contributors | Blodgett, Geoffrey (au) |
Topics | OC history |
Date | 1979-09-20 |
Year | 1979 |
Month | September |
Day | 20 |
Type | text; image |
Format | |
Identifier | Oberlin_Observer_Vol_1_No_2.pdf |
Publisher | Oberlin College. Library |
Language | English |
Relation | http://www.oberlin.edu/cgi-bin/cgiwrap/library/ref/index.php?db=observerindex |
Number of pages | 6 |
Description
Title | Page 1 |
Transcript | Qberlin College VOLUME 1, NUMBER 2 rlin. Ohio THURSDAY, SEPTEMBER 20,1979 College ends fiscal year with $63,758 surplus Recording a total of $17,353,780 in general fund expenses, the College has ended its 1978-79 fiscal year with a budget surplus of $63,758 and is projec¬ ting yet another surplus, of $47,392, for 1979-80. Both income and expenditures were above those that had been projected for 1978-79, but the increase of actual over projected income, $183,936, more than balanced out the $134,960 increase in actual over projected expenditures. Total expenditures for the 1978-79 year, including both general and restrict¬ ed funds, were $19,049,919, up 5.2 per¬ cent from the $18,109,327 spent in 1977- 78. Of the $63,758 surplus, $48,613 was produced in the area of educational and general operations; $4,077 by the hous¬ ing and dining system, which showed the surplus after receiving $53,607 in income from summer conferences; and $11,068 by the Oberlin Inn, which had been ex¬ pected to show a deficit of almost $46,000. The actual surplus for the year was almost $47,000 more than the $16,820 surplus that had been projected. Compared to budget projections for the year, tuition income was up $43,613 (from $11,532,600 to $11,576,213) and current funds investment income was up $131,912 (from $200,000 to $331,912). Tuition income came in above projec¬ tions due to the addition of 14 more full-time student equivalents than had been anticipated, and the increase in current funds investment income was higher than anticipated largely because of an increase in interest rates being paid. Endowment income and income from gifts and grants was lower than had been projected. Endowment income had been projected at $4,155,800 and was actual¬ ly $4,133,156, a difference of $22,644. Gifts and grants income, not including current restricted funds, had been pro¬ jected at $815,000 and was actually $735,929, a difference of $79,071. The shortfall in endowment income reflects the fact that in accordance with the long-range financial plan an increas¬ ing amount of endowment income is be¬ ing reinvested. When restricted fund monies are included in the gifts and grants category, the total of $2,077,275 actually received is $117,839 higher than (continued on page 6) Clear, sunny skies and the prospect of lots of fun brought out more than 100 students, faculty, staff and their families for the OC "Day at Cedar Point" Sunday. Here stu¬ dents Jack McFarland and Margy Jackson whip around on one of the amusement park's many rides. (Photo by Daniel Friedman) Committees recommend changes in curriculum The educational policy committees and faculty councils of the College of Arts and Sciences and Conservatory of Music have developed sets of recom¬ mendations concerning curriculum of-ferings and allocations of faculty posi¬ tions within each division. The recommendations were drawn up following an intensive review of the en¬ tire College curriculum and are likely to have a significant impact on future changes in academic programs offered here. Resolutions concerning the curricu¬ lum in the College of Arts and Sciences identify a number of areas in which aca¬ demic programs could be initiated, strengthened or expanded. Among these areas are non-Western studies, writing skills, theater, computer science, intro¬ ductory chemistry for non-science ma¬ jors, women's sports, studio art, linguis¬ tics and literary theory, and women's his¬ tory. The College of Arts and Sciences res¬ olutions also single out four programs which could be considered as "less es¬ sential" than those listed above. These are the education program's teacher training program, European history, the physical education major, and the hu¬ manities program. While the humanities program is identified as less essential than others, a College of Arts and Sciences resolution suggests that the College "assign a high priority to the planning and implementa¬ tion of a strong and cohesive program of interdisciplinary studies that would en¬ compass but not be limited to the scope of the present humanities program." The Conservatory report recommends that several new or continuing positions be created, in the areas of accompany¬ ing, opera coaching, eurhythmies and aural skills, and recorder (half-time). It also suggests that the Conservatory seek funds for short-term residencies by guest conductors, and that composition be separated from music theory and be giv¬ en departmental status (this recommen¬ dation was approved by the Conservato¬ ry faculty in May). The report also recommends that two positions, one in the TIMARA program and one in chamber music strings, not be filled on a continuing basis until 1980-81, and that a piano department position be discontinued and reallocated for other purposes beginning in 1980-81. In addition to containing specific rec¬ ommendations, the Conservatory report notes that several program areas (opera theater, TIMARA, early music and jazz) are relatively new and that during the re¬ view process no proposals for creation of "totally new curricular areas" were re¬ ceived. It concludes that "it does not ap¬ pear that any large-scale reorganization of our resources is possible in the im¬ mediate years ahead." The curriculum reviews undertaken by both the College of Arts and Sciences and the Conservatory were predicated on the assumption that the total size of the College faculty will remain stable over the next several years. Recommen¬ dations of the long range financial plan adopted by the faculty in 1977 were based on this assumption. However, expansion of faculty size and academic offerings —at least on a temporary basis —is still possible, as money to be raised for current expenses under the 19/83 campaign includes a pool of $2 million slated to go for crea¬ tion of new academic programs. Recommendations from the College of Arts and Sciences and Conservatory groups will be forwarded for action to the appropriate committees or councils, or to the divisional faculties or General Faculty. Have you ever felt that students from the same high school keep turning up on campus? If you have, you're right. A relatively small number of schools consis¬ tently send their graduates to Oberlin. In the jargon of the admissions office, these schools are known as the "feeder" schools. Last year the biggest of the feeders (in terms of numbers of students "fed" to OC) were the 26 schools listed below with the number of freshmen each sent here. For more on the feeder schools—and what the College is doing about them —see page 3. U. of Chicago Lab HS (Chicago, III.) 10 Interlochen Arts Academy (Interlochen, Mich.) 8 Stuyvesant HS (New York, N.Y.) 7 Hunter College Campus School (New York, N.Y.) 6 Great Neck South HS (Great Neck, N.Y) 6 Lincoln Sudbury Regional HS (Sudbury, Mass.) 6 Taylor Allderdice HS (Pittsburgh, Pa.) 5 Walden School (New York, N.Y.) 5 HS of Music and Art (New York, N.Y.) 5 Fieldston School (Bronx, N.Y.) 5 St. Ann's Episcopal School (Brooklyn, N.Y.) 5 John Dewey HS (Brooklyn, N.Y.) 5 Hanover HS (Hanover, N.H.) 5 Newton North HS (Newtonville, Mass.) 5 Evanston Township HS East (Evanston, III.) 5 Kenwood HS (Chicago, III.) 5 Rocky River HS (Rocky River, Ohio) 4 N.C. School of the Arts (Winston-Salem, N.C.) 4 Dalton School (New York, N.Y.) 4 Hastings HS (Hastings on the Hudson, N.Y.) 4 Teaneck HS (Teaneck, N.J.) 4 Northfield Mount Hermon (Northfield, Mass.) 4 Walt Whitman HS (Bethesda, Md.) 4 Bethesda Chevy Chase HS (Bethesda, Md.) 4 Luther HS (Chicago, III.) 4 Georgetown Day HS (Washington, D.C.) 4 |
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