Ohio University
FY18 Budget Planning - Planning Assumptions
2/10/2017
Topic
Guarantee Student
Rates
Non-Guarantee Student
Rates
UG Enrollment
Financial Aid
(Incremental Increase)
Item
SSI
Healthcare
Raise Pool
Allocated Costs
Capital Cost Model
Subvention
FY19 - Planning Assumption
FY20-FY21 Planning Assumption
Where Assumption is Used
Cap Calculation: (Budget Bill (0%) + 5-year CPI
(1.3%))
Cap Calculation: (Budget Bill (0%) + 5-year CPI
(1.3%))
Cap Calculation: (Budget Bill (2%) + 5-year CPI
(1.3%))
Tuition/SSI/SFA Model
2
Tuition Increase: 1.3%
Tuition Increase: 1.3%
Tuition Increase: 3.3%
Tuition/SSI/SFA Model
3
Room Increase: 3.5%
Room Increase: 3.5%
Room Increase: 3.5%
Tuition/SSI/SFA Model
4
Board Increase: 2.0%
Board Increase: 2.0%
Board Increase: 2.0%
Tuition/SSI/SFA Model
5
Cap: 0%
Cap: 0%
Cap: 2%
Tuition/SSI/SFA Model
6
Tuition Increase: 0%
Tuition Increase: 0%
Tuition Increase: 2%
Tuition/SSI/SFA Model
7
Room Increase: 0%
Room Increase: 0%
Room Increase: 0%
Tuition/SSI/SFA Model
8
Board Increase: 0%
Board Increase: 0%
Board Increase: 0%
Tuition/SSI/SFA Model
9
Freshman Enrollment Increase: 4,461
Freshman Enrollment Increase: 4,461
Freshman Enrollment Increase: 4,461
Tuition/SSI/SFA Model
10
Transfers Enrollment Increase: 545
Transfers Enrollment Increase: 545
Transfers Enrollment Increase: 545
Tuition/SSI/SFA Model
11
Retention Rate: 3-year avg.
Retention Rate: 3-year avg.
Retention Rate: 3-year avg.
Tuition/SSI/SFA Model
12
Graduation Rate: 3-year avg.
Graduation Rate: 3-year avg.
Graduation Rate: 3-year avg.
Tuition/SSI/SFA Model
13
College Share of Financial Aid: $0.9M
College Share of Financial Aid: $3.0M
College Share of Financial Aid: FY20 = $3.9M
FY21 correlates to Tuition, Room & Board
Tuition/SSI/SFA Model
14
Student Financial Aid: $4.9M
Student Financial Aid: $2.4M
Student Financial Aid: FY20 = $0.6M
FY21 correlates to Tuition, Room & Board
Tuition/SSI/SFA Model
15
ICA: Correlates to Tuition, Room & Board
ICA: Correlates to Tuition, Room & Board
ICA: Correlates to Tuition, Room & Board
Tuition/SSI/SFA Model
Auxiliary Support: $.5M ($4.5M total)
Auxiliary Support: FY20 = $.5M
FY21 correlates to Tuition, Room & Board
Tuition/SSI/SFA Model
Market value growth per Foundation
investment return forecast
Market value growth per Foundation
investment return forecast
Endowment Distributions by
PU
18
Auxiliary Support: $2M
($4M total)
Projection based on 36 months avg as of
7/31/16
Will be updated when final endowment
distributions are published in February
State Appropriation Growth: 1%
State Appropriation Growth: 1%
State Appropriation Growth: 2%
Tuition/SSI/SFA Model
19
OHIO Share: 10.3% (constant to FY17)
OHIO Share: 10.3%
OHIO Share: 10.3%
Tuition/SSI/SFA Model
20
Guarantee Adjustment: $1.1M
Guarantee Adjustment: $1.1M
Guarantee Adjustment: $0M
Tuition/SSI/SFA Model
21
Allocations to Colleges: -2.3%
Allocations to Colleges: 1%
Allocations to Colleges: 2%
Tuition/SSI/SFA Model
22
Cost Growth: 6%
Cost Growth: 6%
Cost Growth: 6%
Planning Unit Input
23
University Contribution Growth: 5%
University Contribution Growth: 5%
University Contribution Growth: 5%
Planning Unit Input
24
Raise Pool: 0%
Raise Pool: 0%
Raise Pool: 2%
Planning Unit Input
25
Faculty Compensation Plan (FCI): 0%
Faculty Compensation Plan (FCI): 0%
Faculty Compensation Plan (FCI): 1%
Planning Unit Input
26
Staff Compensation Initiative (SCI): 0%
Staff Compensation Initiative (SCI): 0%
Staff Compensation Initiative (SCI): 1%
Planning Unit Input
27
Compliance: $0M
Compliance: $1M
Compliance: $2M
Allocated Cost Model
28
Compensation: TBD
Compensation: TBD
Compensation: TBD
Allocated Cost Model
29
Capital Model: $0.9M
Capital Model: $0.9M
Capital Model: $0.9M
Allocated Cost Model
30
Utilities: $0.6M
Utilities: $0.6M
Utilities: $0.6M
Allocated Cost Model
31
Plant Operation & Maintenance: $.2M
Plant Operation & Maintenance: $.2M
Plant Operation & Maintenance: $.2M
Allocated Cost Model
32
Distance Learning: $0.7M
Distance Learning: $1.0M
Distance Learning: FY20 = $1.3M
FY21 = $1M
Allocated Cost Model
33
Deferred Maintenance: $1.3M
Deferred Maintenance: $1.3M
Deferred Maintenance: $1.3M
Depreciation Model
34
Capital Plan Debt: $1.05M
Capital Plan Debt: $1.05M
Capital Plan Debt: $1.05M
Depreciation Model
35
Subvention Distribution same as Base FY17
Subvention
Subvention Distribution same as Base FY17
Subvention
Subvention Distribution same as Base FY17
Subvention
Planning Unit Input
16
Endowment
Distributions
FY18 - Planning Assumption
1
17