Budgetary Affairs
Committee Report
Faculty Senate Meeting
April 17, 2014
1.7+1.1
GeoTher &
Chem E
1.9+2.2
32.3%
Powell House
Chem E., Alumni
House, Utilities,
Power Plant
1.4
?
-0.8+4.4
-2.5
Cost dollars
=> Start up
Primarily from non-resident
graduate enrollment increase.
$0.1M - FY13
rate balance
+ 1.2M +1.3M
+0.4M
1.77%
merit
Mandated U-wide staff salary
increases to establish uniform
wages across range of positions.
$544K in E&E
$247K in S&W
SUMMARY/COMMENTS
•
•
•
•
•
FY14 Rate Balance: $2.0M
Includes $1.4M in Rate Reductions
$1.9M Geo-Therm./ Bldg. Debt
FY13: $56.0M
Growing end of year balances FY07: $14.9M
FY15 Rate Balance: Enrollment ?
Will graduate enrollment
increase be sustained?
SUPPLEMENTARY SLIDES
REDUCTIONS
PROVOST*
E&E
S&W
TOTAL
*Provost E&E Reduction by Division
(543,617) (257,075) (800,692)
RA&ID
Acad. Depts
Admin Services
(60,716) (233,058) (293,774)
RENRM
Enroll. Mgmt
Advancement
(80,000)
(47,810) (127,810)
RPROV
Chancellor
(45,000)
(30,212)
RSPON
Provost
Sponsored
Programs
Student Affairs
Other E&E Adjustments
Bad Debt
Insurance
M&R
Residential College
Programming
Recruiting Fees
Net Other Adjustments
Total
(75,212)
(43,000) (95,000) (138,000)
(772,333) (663,155) (1,435,488)
(100,000)
(150,000)
276,749
(24,360)
(65,000)
(62,611)
(834,944)
RUGST
Undergrad.
RIATS
IT
RGRDSTOF Graduate Off.
114,918
51,024
107,771
76,111
31,924
139,500
22,235
543,483
FY 13 to FY 14 Original Budget to FY 14 Revised Budget
11/11/13
General Revenue Allocation Budget
Dollars in Millions
FY 13
Revised Budget
FY 14
Changes
FY 14
Original Budget
Base Restated
Changes
Revised Budget
FY 14 - FY 13
REVENUE
Tuition & Fees
81.0
5.3
86.3
86.3
2.2
88.5
7.5
less Aid
23.0
1.9
24.9
24.9
-
24.9
1.9
Net Fee Revenue
58.0
3.4
61.4
61.4
2.2
63.6
5.6
State Appropriations
43.8
0.1
43.9
43.9
2.5
46.4
2.6
Recovery of Indirect
6.5
6.5
6.5
6.5
-
Other Revenue
2.2
0.3
2.5
2.5
2.5
0.3
110.5
3.8
114.3
114.3
119.0
8.5
Dedicated Fees*
3.9
(0.1)
3.8
3.8
3.8
(0.1)
Dedicated Recovery of Indirect
1.6
1.6
1.6
1.6
-
Debt Payments
0.9
1.9
2.8
2.8
2.8
1.9
M&R/Fuel & Utilities/Campus Accts**
12.5
0.2
12.7
12.7
0.2
Salaries & Wages
63.2
1.3
64.5
64.4
1.2
Fringe Benefits
19.5
1.3
20.8
20.8
8.8
8.1
Total Revenue Base
4.7
EXPENSE
Expense & Equipment
8.8
Reductions
(1.4)
(1.4)
0.5
0.5
New Commitments & P&T***
12.7
(0.2)
64.3
0.1
20.8
1.3
(0.1)
8.0
(0.8)
0.4
0.4
0.4
2.5
2.5
2.5
(1.2)
-
Strategic Initiative Positions
110.4
3.7
114.1
114.1
2.9
117.0
6.6
0.1
0.1
0.2
0.2
1.8
2.0
1.9
Balance
*Summer Session/Info Tech Fee/Bad Debt/Recruit Fees
**Insurance, ASB & other transfers to system, fire protection, auditing, etc.
*** .5 million FY 14 OB - 75k to staff positions, balance for faculty
*** .4 million - Rev FY 14 300k to academic positions, balance for staff
Actual State Appropriations
43,850,214
13,907
43,864,121
43,864,121
2,570,000
46,434,121
2,583,907