2009 Performance Accountability Report Vol. 2 - Maryland Higher ...

FY 2009 Funding Issues and Cost Containment Efforts
The University of Baltimore has implemented initiatives to reduce waste, improve the overall
efficiency of its operation and achieve cost savings in FY 2009. These initiatives include cost
saving and avoidance endeavors, revenue enhancements and strategic reallocations.
The university has achieved cost savings/avoidance through budget reductions, collaboration
with other academic institutions, increased credit card usage, space and building efficiencies and
technology initiatives. The associated savings are as follows:
Collaboration on MBA with Towson University $ 903,000
Utilization of credit cards for small purchases 10,000
Centralize summer classes for utilities savings 10,000
On line academic course schedules – elimination of printing 5,000
Total Cost Savings/Avoidance $ 928,000
Revenue enhancements include competitive contracts directed to student support services
(bookstore, vending, reprographics), facilities rentals and leases during non-peak hours, and a
partnership with Coppin State University for shuttle service. The revenue enhancements are
summarized as follows:
Competitive contracts (bookstore, vending, reprographics) $ 228,000
Facilities rentals and leases during non-peak hours 183,000
Partnership with Coppin State University (shuttle bus rental) 30,000
Total Revenue Enhancements $ 441,000
The University of Baltimore achieved efficiencies in FY 2009 through reduced waste, improved
overall efficiency of its operation, and cost savings totaling $1,369,000.
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