Administration and Finance
The area of administration and
finance covers auxiliary enterprises (dining services, the bookstore, Wee Care
Daycare, and Housing), facilities (including grounds), network and
administrative technology (computers, networks and telecommunications),
financial planning and budgeting, and human resources (staff and
the auxiliary enterprises in order to enhance the quality of life on campus by
providing excellent customer service and value, and to provide an overall
5-10% return on direct cost.
Improve marketing of dining services in order to expand the
customer base and revenues.
Renovate the serving area in the dining hall to make it more
efficient and flexible.
Support the needs of a growing evening and possibly weekend
program with appropriate dining options.
Modify the structure and guidelines of the board plan to meet
changing student needs.
Make decisions about the future of the bookstore’s partnership
with Augsburg Fortress.
Redesign the staff configuration in the bookstore as a result of
the planned retirement of the manager.
Develop an appropriate response (in both mail order and in-store
sales) from the bookstore to on-line competition.
Connect the operation of Wee Care more closely with the
educational programs at Luther Seminary.
the beauty of the grounds and the condition of the seminary’s facilities so
that the ratio of the renewal and replacement costs is less than 5% of plant
replacement value. Operate plant
facilities efficiently and effectively as measured by cost per square foot.
Renovate the academic
administrative and seminary relations areas to meet new organizational
structures and requirements.
Continue to add electronic
classrooms at a rate of one per year.
Air-condition the Olson
Campus Center chapel and commons.
Repair the Northwestern
Add acoustical treatments
to walls of Olson Campus Center chapel.
Consider renovation of the
Consider renovation of the
Dining Services service area.
Implement new five-year
schedule of specific renovation projects for the housing units to begin in
Consider expanding the
Provide leased space for
the Fisher’s Net staff.
and enhance the on-campus network, including terminals, the Internet and
dial-up access arrangement, and support the administrative hardware and
Upgrade the Quodata system to a client-server Windows-based
system over the next two years.
Maintain the state and reliability of the network and Internet
connection through planned server and network upgrades and replacements.
in developing and maintaining systems which properly steward the financial
resources of the seminary.
Continue to improve the operations of the Business Office and
related reporting functions.
Meet the assumptions of the current financial model, including
10% overall rate of return on the endowment together with a 5.5% spending
rate. This model projects a
balanced budget based on inflationary increases in spending and revenues.
Maintain a debt load between $2-2.5
Effectively manage the budget process to allocate and invest
resources in high priority activities that reflect the new strategic plan.
and develop high quality administrative staff to support the work in each of
the four educational processes.
Find qualified, committed replacements for the 10-15 staff
members who leave each year.
Increase the knowledge and skills of staff members, especially
in the use of technology and in providing customer service.