FY2014 Transparency Reporting
Sec. 245 (1) of Michigan Public Act 4228 of 2013 requires all public universities to make the following available within 30 days after they adopt their annual
operating budgets for the following school fiscal year, or after any subsequent revision to those budgets. Please use the posted links to access the materials being made available.
- The annual operating budget and subsequent budget revisions.
- A summary of current expenditures for the most recent fiscal year for which they are available, expressed as pie charts in the following 2 categories:
- A chart of personnel expenditures, broken into the following subcategories:
- Earnings and wages
- Employee benefit costs, including, but not limited to, medical, dental, vision, life, disability, and long-term care benefits
- Retirement benefit costs
- All other personnel costs
- A chart of all current expenditures the public university reported as part of its higher education institutional data inventory data under section 241(2), broken into the same subcategories in which it reported those data.
- Links to all of the following for the public university:
- The current collective bargaining agreement for each bargaining unit
- Each health care benefits plan, including, but not limited to, medical, dental, vision, disability, long-term care, or any other type of benefits that would constitute health care services, offered to any bargaining unit or employee of the public university
- Audits and financial reports for the most recent fiscal year for which they are available
- Campus security policies and crime statistics pursuant to the student right-to-know and campus security act, Public Law 101-542, 104 Stat. 2381. Information shall include all material prepared pursuant to the public information reporting requirements under the crime awareness and campus security act of 1990, title II of the student right to know and campus security act, Public Law 101-542, 104 Stat. 2381
- A list of all positions funded partially or wholly through institutional general fund revenue that includes the position title and annual salary or wage amount for each position
- A listing of all debt service obligations, detailed by project, anticipated fiscal year 2013-2014 payment for each project, and total outstanding debt
- The institution’s policy regarding the transferability of core college courses between community colleges and the university.
A listing of all community colleges that have entered into reverse transfer agreements with the university
- Oakland University participates in the Michigan Association of Collegiate Registrars and Admissions Officers (MACRAO) Articulation Agreement. The Agreement allows transfer students to satisfy the university’s general education requirements at the community college except as noted below.
- After transferring to Oakland University, students must complete a writing intensive course in the major and a capstone course. MACRAO transfer students must also either transfer in a course that is acceptable for the knowledge application requirement or take the course at OU after transferring. Transfer students are exempt from the writing intensive in general education requirement. Under the MACRAO agreement, transfer students from participating Michigan public community colleges must present for review a transcript bearing the “MACRAO Agreement Satisfied” stamp
In accordance with Sec. 245 (2) of Michigan Public Act 4228 of 2013, Oakland University is also required to provide a dashboard or report card demonstrating the university’s performance in several “best practice” measures. The dashboard or report card shall include at least all of the following for the 3 most recent school years for which the data are available:
- Macomb Community College
- Mott Community College
- Oakland Community College
- St. Clair County Community College
The Management and Budget Act, 1984 PA 431, Section 238, MCL 18.1238 requires biannual reporting of any self-funded projects that have a cost exceeding $1.0 million on the budget and performance transparency reporting section of the University’s website. Please use the following link to access the materials being made available: Use and Finance Bi-Annual Reporting Form.
- Student retention rate
- Six-year graduation rates
- Number of Pell grant recipients and graduating Pell grant recipients
- Geographic origination of students, categorized as in-state, out-of-state, and international
- Faculty to student ratios and total university employee to student ratios
- Teaching load by faculty classification
- Graduation outcome rates, including employment and continuing education