Post on 18-Jan-2016
Town Hall Meeting
Budget Update and PlanningMarch13, 2008
Town Hall Meeting
Budget Update and PlanningMarch13, 2008
FY 08 StatusFY 08 Status FY 09 Budget Development EventsFY 09 Budget Development Events FY 09 InformationFY 09 Information Reports by Vice PresidentsReports by Vice Presidents
Administrative AffairsAdministrative Affairs Academic AffairsAcademic Affairs University AdvancementUniversity Advancement Student Life & DevelopmentStudent Life & Development
Future IssuesFuture Issues QuestionsQuestions
AgendaAgenda
FY 06 Budget Expenditures
Revenue ProjectionsRevenue ProjectionsFY 08FY 08
As of 2/4/200814,300 FYE
Adjusted Base Increase Budget
Carryforward 1,887,449 Appropriation/Allocation 52,242,247 52,242,247
Technology, Underrepresented, Performance Init. 0 1,714,957 Competitive Salary Funds 0 536,042
Tuition: 73,455,662 1,050,000 74,505,662 Other Fees and Revenues 3,000,000 3,500,000 Total Revenue 128,697,909 134,386,357
FY 08 Assumptions FY 08 Assumptions RecommendationsRecommendations
Expenditure ProjectionsFY 08
As of 2/4/2008Adjusted
Base Budget
Total Expenditures 129,191,534 133,092,609Gap Revenue to Expense 1,293,748
Campus Consultation - ContinuingCampus Consultation - Continuing Tuition Set - March Trustees MeetingTuition Set - March Trustees Meeting Budget Worksheets to Units - April 1Budget Worksheets to Units - April 1 Budgets Entered - MayBudgets Entered - May Start of Fiscal Year - July 1Start of Fiscal Year - July 1
Budget Development EventsBudget Development EventsFY 09FY 09
Budget Advisory GroupBudget Advisory GroupAssumptions
FY 09
Includes MnSCU Technology, Includes MnSCU Technology, Underserved Students and Underserved Students and Performance Initiative FundsPerformance Initiative Funds
Tuition Increase 4% with 1% MnSCU Tuition Increase 4% with 1% MnSCU BuydownBuydown
Enrollment of 14,325 FYEEnrollment of 14,325 FYE Tentative Faculty SettlementTentative Faculty Settlement Maintain 5% ReserveMaintain 5% Reserve
Budget Advisory GroupBudget Advisory GroupAssumptions
FY 09
Does Not Include MnSCU Allocation/Cost Does Not Include MnSCU Allocation/Cost Reallocation (Approximately $4.1 Million)Reallocation (Approximately $4.1 Million)
Assumes $1.3 Million Carry Forward From Assumes $1.3 Million Carry Forward From FY 2008FY 2008
Expenses Adjusted for Increased Debt Expenses Adjusted for Increased Debt ServiceService
Includes Mandated Expense, Investments, Includes Mandated Expense, Investments, Reallocations, and Fund to Implement Reallocations, and Fund to Implement Academic PlanAcademic Plan
Enrollment
10,000 10,500 11,000 11,500 12,000 12,500 13,000 13,500 14,000 14,500 15,000
Students
Fiscal Year
FYEFY 2002 through 2008
Total FYE Enrollment
Projected Enrollment
FY 06 Budget Expenditures
Revenue ProjectionsRevenue ProjectionsFY 09FY 09
As of 2/4/200814,325 FYE
Adjusted Budget
Carryforward 1,293,748 Appropriation/Allocation 55,079,382 MnSCU 1% Tuition Buydown 739,830 Technology, Underrepresented, Performance Init. 1,984,880 Competitive Salary Funds 536,042
MnSCU 1% Tuition Buydown (739,830)Other Fees and Revenues 3,500,000 Total Revenue 140,016,441
FY 08 Assumptions FY 08 Assumptions RecommendationsRecommendations
Budget ProjectionsFY 09
As of 2/4/2008Adjusted Budget
Total Expenditures 141,641,359 Budget reductions as of 1/28/08 (2,407,857)Budget mandates and investments 1/28/08 913,557 Reserve for Academic Plan implementation1/28/08 500,000 Total 140,647,059 Gap Expense to Revenue (630,618)
Administrative Affairs
Unit Name Reductions Additions
Computer Information Systems 15,200Human Resources 400Administrative Affairs 70,000Printing Services 13,146Business Services 172,000Public Safety 15,600 17,989Scholarship & Financial Aid 34,538Building & Grounds 40,000 190,000Total 360,884 207,989
Academic AffairsAcademic Affairs
Unit Name Reductions Additions
College of Business 221,000College of Education 273,856College of Fine Arts 349,500College of Science and Engineering 379,742College of Social Science 274,467Learning Resources 111,500Undergraduate Studies 53,675 22,500Continuing Studies 11,053International Studies 100,000Admissions 18,350Academic Affairs 127,250 300,000Total 1,820,393 422,500
University AdvancementUniversity Advancement
Unit Name Reductions Additions
University Communications 62,995Alumni Foundation 44,688Total 62,995 44,688
Student Life and DevelopmentStudent Life and Development
Unit Name Reductions Additions
American Indian Center 1,970Career Services 10,660Counseling & Psychological Services 7,500 87,000CSOLD 10,000GLBT 300Multicultural Student Services 10,550Women's Center 2,325Campus Recreation 5,480Student Life and Development 9,800 30,000Total 58,585 117,000
Office of the PresidentOffice of the President
Unit Name Reductions Additions
Institutional Effectiveness 121,380Athletics 105,000Total 105,000 121,380
SummarySummary
Reductions:Permanent 2,240,894One Time 166,963TOTAL 2,407,857
Investments:Permanent 140,489One-time 121,380Personnel 651,688TOTAL 913,557
AVAILABLE PLANNING BALANCE 1,494,300
State Budget UncertaintyState Budget Uncertainty Finalize Settlements for IFO, Finalize Settlements for IFO,
MSUAASF, & AdministratorsMSUAASF, & Administrators FY 2010-2011 OutlookFY 2010-2011 Outlook Other IssuesOther Issues
Future IssuesFuture IssuesUniversity WideUniversity Wide
www.stcloudstate.edu/budget
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Budget WEB site URLBudget WEB site URL