North Central State College
Proposed FY 2016 Budget
May 27, 2015
FY 2016 Budget
What We Know
 The governor’s executive budget is seeking to restrict raising tuition by no
more than the greater of two percent over the previous academic year or
two percent of the statewide average cost and no increase tuition in
FY2017
 The House budget is allowing colleges to raise tuition by 2% ($89.76
annually) or $83 (annually) in FY 2016 and 0% in FY 2017
 FY 2016 SSI is about the same as FY 2015
 Implementation of tiered tuition & tuition guarantee
 Enrollment continues to be a challenge
 Estimated additional expenses due to pay raises
 Estimated additional IT expenses
 Estimated additional benefit costs about 3%
 Estimated increase in bad debts and write-offs
FY 2016 Budget
What We Don’t Know
 The level of state appropriation may not be enacted as
proposed by the governor
 Actual level of enrollment may be flat, increase, or decrease
 Effect of Federal Changes to financial aid (financial aid,
regulations that might cost additional dollars or be
restrictive)
 State budget will not be finalized until June 30, 2015
Budget Goals
Expense
Revenue
SSI Update
Component
1. Completed FTE
% Share
Analysis
•
Course Completion
1.68%
Above enrollment proxy
•
Course Completion Access
1.68%
Above access enrollment proxy
1.57%
Above enrollment proxy
2. Success Points (Overall)
•
12 Credit Hours
1.6%
Above enrollment proxy
•
24 Credit Hours
1.7%
Above enrollment proxy
36 Credit Hours
1.8%
Above enrollment proxy
Dev. Ed English Success
1.6%
Above enrollment proxy
Dev. Ed Mathematics Success
1.0%
Below enrollment proxy
•
3. Completion Milestones
•
Associate' s Degree Completion
2. 22%
Above enrollment proxy
•
Associate's Degree Access
2.12%
Above access enrollment proxy
•
Certificates
0.76%
Below enrollment proxy
•
Certificates Access
0.93%
Below access enrollment proxy
Transfers
1.93%
Above enrollment proxy
Transfers Access
1.54%
Above access enrollment proxy
•
FY 2015 SSI Update
FY 2015 VS. FY 2016
2.50%
2.22% 2.22%
2.12%
2.02%
1.93% 1.93%
2.00%
1.69% 1.65%
1.68%
1.55%
1.57% 1.57%
1.54% 1.51%
1.50%
0.93% 1.00%
1.00%
0.76% 0.75%
0.50%
0.00%
Course Compl. Course Compl. - Success Points
(FTE)
Access
FY 2015
Assoc. Degrees Assoc. Degrees
Access
Certificates
Certificates Access
FY 2016 (Draft)
Transfers
Transfers Access
1.22%
4.00%
Total % FY 2015
0.00%
Total % FY 2016 (Draft)
1.98%
1.98%
1.23%
1.30%
1.49%
1.50%
1.77%
6.09%
5.86%
4.44%
4.44%
2.42%
2.47%
3.01%
3.15%
6.53%
6.54%
7.17%
7.30%
6.62%
10.28%
10.25%
12.00%
1.85%
1.30%
1.25%
2.32%
2.31%
1.73%
1.75%
1.63%
1.60%
1.90%
1.83%
1.46%
2.63%
6.78%
8.00%
2.71%
2.78%
2.78%
15.47%
15.21%
14.47%
14.60%
16.00%
1.38%
1.21%
FY 2015 SSI Update
Total % of SSI – NCSC vs. OACC
20.00%
Enrollment Trends
Fall to Fall (Credit Hours)
10,000
8,443
8,333
7,961
8,000
7,882
7,418
8,115
8,009
7,353
6,000
6,651
4,000
1,765
2,152
2,000
1,664
-
FA2012
CONTINUING
FA2013
CONTINUING FROM PREVIOUS TERM
FA2014
NEW
RETURNING
Enrollment Trends
Spring to Spring (Credit Hours)
20,000
18,804
18,722
18,467
16,000
12,000
8,000
2,593
4,000
1,171
2,545
1,224
2,405
755
1,018
971
-
SP2013
CONTINUING
SP2014
CONTINUING FROM PREVIOUS TERM
635
SP2015
NEW
RETURNING
Enrollment Trends
Summer to Summer (Credit Hours)
8,000
7,063
6,000
4,000
4,369
3,910
2,000
1,017
748
861
692
742
-
702
SU2012
CONTINUING
695
300
477
SU2013
CONTINUING FROM PREVIOUS TERM
SU2014
NEW
RETURNING
Enrollment Trends
Where do our students come from?
2,020
FY 2016 Enrollment Goals
SP2016
477
FA2015
4,637
-
7,983
508
8,106
SU2015
2,434 1,319
17,983
504
1,846
25,244
6,125
10,000
Continuing
7,309
23,756
20,000
Continuing From Previous Term
30,000
New
Returning
FY 2016 Proposed Revenues
State Appropriations
Student Tuition and Fees
Other Revenues
$1,390,000
$7,300,000
$10,400,000
FY 2016 Proposed Revenues
FY 2015
FY 2016 - Proposed
State Appropriations
$
6,733,279
$
7,300,000
Student Tuition and Fees
$
10,632,185
$
10,400,000
Other Revenues
$
437,462
$
667,825
University Center
$
5,000
$
20,000
Capital Debt Service
$
150,000
$
100,000
Child Development Center
$
527,880
$
428,175
Workforce & Community Dev.
$
331,550
$
100,000
Facilities
$
74,000
$
74,000
$
18,891,356
$
19,090,000
Appropriated Reserves
Total Revenues
FY 2016 Proposed Expenditures
Payroll
Fringes
Shared Campus Expense
All Other Expenses
4,998,227
8,998,683
1,150,000
3,943,090
FY 2016 Proposed Expenditures (Cont.)
FY 2015
FY 2016 - Proposed
Payroll
9,259,428
8,998,683
Fringes
3,943,136
3,943,090
Printing
64,647
64,882
130,675
132,950
85,000
85,000
Shared Campus Expense
1,150,000
1,150,000
Professional Development
211,350
235,932
Grants and Scholarships
300,000
710,000
97,050
97,050
New Equipment
358,507
446,107
Professional Fees
272,617
261,935
2,238,017
2,327,859
32,500
32,250
Corporate
122,000
35,250
Facilities
507,311
519,012
Contingency
69,118
50,000
Fund Balance Replacement
50,000
Advertising
Postage
Equipment Lease and Rental
All Other Expenses
Child Development Center
Total Expenditures
18,891,356
19,090,000
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