CSUSM Budget Cycle Highlights
January Budget Call: Funding requests for Strategic Initiatives
January Mid-year budget review March Review of Budget Call
Recommendation made to EC April Preliminary campus budget
target schedule prepared May EC reviews and approves
Budget Call requests
CSUSM Budget Cycle Highlights (Cont)
June Base Budget Review July Final campus budget reviewed
by EC and approved by the President August Division allocations finalized and
submitted to the University Budget Office September Final division budgets reviewed by
the Budget Office and posted to the PeopleSoft Financial System
CSUSM Sources of Revenue
General Operating Fund– 85%– State of California Appropriation– State University Fees
Lottery Fund – .5%– California Lottery sales– CSUSM process
Proprietary Funds – 7.5%– Student Fees– Self-support operation– Parking, Extended Studies, Clark Field House, etc.
Cash Trust Projects – 7%– Miscellaneous student fees– Student Newspaper, Associated Students, Inc.,
Instructionally Related Activities, Credential Evaluation Fee, etc.
Incremental budget– New sources of funding
Governor’s Compact 3%-4% operating fund increase– 2 ½% enrollment growth– 8%-10% student fee increases
University Reserve – maintained at 1% Campus Wide Activities – Year-end balances Uses of new funding
– Priority items – University mandates Allocations by Chancellor’s Office for specific purposes
- compensation, State University Grant, benefits Campus obligations – CMS student implementation,
computer refresh program, utilities, ADA compliance, Risk Management
– Instruction – Strategic Initiatives
Components of the CSUSM Operating Fund Budget
CSUSM Budgeting Philosophy
Decentralized budgeting philosophy Effective FY 07/08 - New budgeting philosophy adopted
– Variation of Zero-Based Budgeting (ZBB) Permanent Base Budget is maintained at campus,
division and salary levels– ZBB is applied at the department/operating expense level
Departments perform a review of funding needs and submit requests to division
Division reviews department requests and determines source of funds to meet needs as appropriate
– Permanent– Fiscal– Off-sets (salary savings and/or outside sources)
Permanent and Fiscal Budgets
Permanent Base Budget– Ending point for completed Fiscal Year, June 30
All permanent employee salaries, OE&E
– Starting point for new Fiscal Year, July 1
Permanent Allocations– Adjusts permanent base budget – increase or decrease
Fiscal Allocations– One-time funding – Does not affect permanent base budget – Prior year balances at division level
CSUSM Budget Adjustments
Supplemental Allocations– Fiscal (one-time) funds– Allocated from the Chancellor’s Office for a specific purpose
Campus Department/Division Budgets amended during the year
– Budget transfers initiated by the Provost, Vice Presidents, divisions, colleges and departments for specific requests and/or purposes
– Campus Budget Office Benefits, compensation
Contacts:
Mary HinchmanAVP, Business and Financial [email protected](760)750-4520
Liz RojasAssistant Director, University Budget [email protected]
Brenda MartinAssistant Budget Analyst, University Budget [email protected]
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