EXPENDITURES FY 15 FY 16

Contract and Vendor Payments\nKSU spends approximately $50 million annually with vendors and contractors. Seventy-five percent of the spending is with 34 vendors. (Attachment A) Realization of potential savings is not estimable at this time, but a 10% savings will generate $3.8 million. All vendor relationships and contracts are being reviewed. Additionally, a University practice of encumbering funds for a variety of activities, approved and unapproved, at the beginning of each fiscal year will terminate, providing a truer picture of actual expenditures.

CONTRACT AND VENDOR PAYMENTS TOTAL -- --

External Relations and Development Seven positions will be eliminated in External Relations and Development. Eliminated positions are from staff performing work duplicative of work in other offices and/or work that should be in other offices. Also included are positions covering work that the University has no need for. Institutional research will move to the President's Office and will join other data resources under a centralized function supporting the University from dispersed locations. Retirement options will be discussed with retirement eligible employees. The job descriptions for the Communications Office positions will be revised to meet the new objectives and approaches of the office. Present