FY13 Budget Planning

FY13 Budget Planning

Janet Parker, Associate Vice President, Financial Affairs

PRESENTATION TO THE UNIVERSITY STRATEGIC RESOURCE PLANNING COUNCIL

March 21, 2012

Janet Parker, Associate Vice President, Financial Affairs

PRESENTATION TO THE UNIVERSITY STRATEGIC RESOURCE PLANNING COUNCIL

March 21, 2012

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FY13 Budget Planning FY13 Budget Planning

SCH basis for revenue projections will continue to be conservative

All new tuition revenue due to rate increases if approved, must be allocated towards the Graduation Rate Improvement Plan and graduate education as detailed in the Tuition & Fee proposal

Limits flexibility for other new funding awards, e.g. merit Possible reductions to state appropriations in the next

biennium beginning FY 14, including changes to formula could have a significant impact to UTSA

SCH Basis for Revenue SCH Basis for Revenue ProjectionsProjections

SCH Basis for Revenue SCH Basis for Revenue ProjectionsProjections

SCH Category FY 12Budget

FY 12 Forecast

FY 13 Budget

Variance (fr FY12 Budget)

Variance (fr FY12

Forecast)

UG Resident 618,190 631,237 622,000 3,810 <9,237>

UG Non Resident 14,500 23,774 16,000 1,500 <7,774>

Subtotal UG 632,690 655,011 638,000 5,310 <17,011>

GR Resident 58,650 63,276 59,340 690 <3,936>

GR Non Resident 3,660 4,345 3,660 0 <685>

Subtotal GR 62,310 67,621 63,000 690 <4,621>

TOTAL ALL SCH 695,000 722,632 701,000 6,000 <21,632>

Equivalent to ~560 FTE UG and ~500 FTE GR)

Designated TuitionDesignated TuitionRevenue Projections Revenue Projections

(Tuition & Fee Proposal is approved intact)

Designated TuitionDesignated TuitionRevenue Projections Revenue Projections

(Tuition & Fee Proposal is approved intact)

SCHFY 12 Rate

FY 13 Rate

Rate Change

New Revenue –

Rate Change

New Revenue

– SCH Growth

Total

Undergraduate

$142.75 $150.25 $7.50 $4,745,175 $797,828 $5,543,003

Graduate $142.75 $159.50 $16.75 $1,043,693 $110,055 $1,153,748

Total

$5,788,868 $907,883 $6,696,751

Statutory TuitionStatutory TuitionRevenue Projections Revenue Projections

Statutory TuitionStatutory TuitionRevenue Projections Revenue Projections

SCHFY 12 Rate

FY 13 Rate

Rate Change

New Revenue –

Rate Change

New Revenue

– SCH Growth

Total

UG Resident $50 $50 $0 $0 $190,500 $ 190,500

UG Non Resident $363 $401 $38 $551,000 $601,500 $1,152,500

Subtotal UG

$551,000 $792,000 $1,343,000

GR Resident $100 $100 $0 $0 $69,000 $69,000

GR Non Resident $726 $802 $76 $278,160 $0 $278,160

Subtotal GR $278,160 $69,000 $347,160

TOTAL $829,160 $936,000 $1,690,160

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Total Estimated “New” RevenueTotal Estimated “New” Revenue

Advising Fee E&G Funding $1,082,274

Reserves (net) 915,143

Tuition Revenues:Statutory $1,690,160

Designated $6,696,751

Total Estimated Revenues $10,384,328

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Tuition & Fee Proposal Required ExpendituresTuition & Fee Proposal Required Expenditures

Graduation Rate Improvement Plan (net of Benefit increases & Financial Aid) $3,048,000

Graduate Program(net of Benefit increases & Financial Aid) 740,000

Financial Aid (Set Asides & TPEG) 1,133,890

Utilities (replace lost Energy Fee Revenue) 1,540,000

Benefits, Promotion & Tenure 384,000

Total $6,845,890

Budget Reduction PlanningBudget Reduction PlanningBudget Reduction PlanningBudget Reduction Planning

How would UTSA survive another 10% reduction in its state appropriation beginning FY14 without new tuition revenue?

<$8,928,290>Next year, all new revenue available funds

the GRIP/Graduate Program

How would UTSA survive another 10% reduction in its state appropriation beginning FY14 without new tuition revenue?

<$8,928,290>Next year, all new revenue available funds

the GRIP/Graduate Program

Budget Reduction PlanningBudget Reduction PlanningBudget Reduction PlanningBudget Reduction Planning

Strategy Amount Running Total

Professional Development $130,934 $130,934

F&A Reallocation $209,535 $340,469

Cut Official Occasions by 10% $148,689 $489,158

Reduce Central Reserves $500,000 $989,158

Reduce Deferred Maintenance $500,000 $1,489,158

Tax Fee Accounts 2.5% Overhead $1,500,000 $2,989,158

Eliminate RoadRunner Scholarship $500,000 $3,489,158

Eliminate Univ Salary Supplement $127,550 $3,616,708

Shift 90 Day Waiting Benefit Cost to departmental Salary Savings

$1,145,000 $4,761,708

Reduce Division Budgets $587,774 $5,349,482

Strategies remaining from last reduction planning process:

Amount short = $3,578,808

FY13 Cost of Merit FY13 Cost of Merit (E&G Budgets)

FY13 Cost of Merit FY13 Cost of Merit (E&G Budgets)

Classification 1% Merit 1.5% Merit 2.0% Merit 2.5% Merit

Faculty 649,470 $974,206 $1,298,940 $1,623,675

A&P 230,350 345,525 460,700 575,875

Classified Staff 413,136 619,704 826,272 1,032,840

Salary Cost $1,292,956 1,939,435 $2,585,912 3,232,390

Est. Benefits 129,296 193,944 258,591 323,239

Total Cost $1,422,252 $2,133,379 $2,844,503 $3,555,629

FY 13 Budget Planning CalendarFY 13 Budget Planning Calendar

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