PASSHE Operating Budget
Finance, Administration, and Facilities CommitteeBoard of Governors
July 8, 2013
1999
/200
020
00/0
120
01/0
220
02/0
3 20
03/0
420
04/0
520
05/0
620
06/0
720
07/0
820
08/0
9*20
09/1
0**
2010
/11*
*20
11/1
220
12/1
3 (es
t.)
$0 $200 $400 $600 $800
$1,000 $1,200 $1,400 $1,600 $1,800
E&G Revenue (Constant) E&G Revenue (Nominal)
E&G BudgetDollars in millions
*FY 2008/09 E&G Appropriation is net of midyear budget cuts.**2009/10 and 2010/11 includes ARRA SFSF funds.
1988
/89
18% reduction ($90M)
PASSHE Funding and Enrollment History
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
0
20,000
40,000
60,000
80,000
100,000
120,000
$6
,80
3
$3
,86
4
1983/84 Through 2012/13 (estimated)In 2012/13 Constant Dollars
E&G Appropriation/ FTE Other Revenue/ FTE Total Annualized FTE Total FTE
106,814$14,257
History of Tuition and Average Fees2000/01 – 2012/13
22% less than 2010
2000/01
2001/02
2002/03
2003/04
2004/05
2005/06
2006/07
2007/08
2008/09
2009/10
2010/11
2011/12
2012/13
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000 $
3,79
2
$6,
786 $500
$951
$4,
349
$8,
315
$400
$999
Tuition & Tech Fee COT Fees* Room & Board SGA Fees**
*COT Fees include Health Services, Instructional Support and "Other"**SGA Fees include Activity and Recreation and Student Centers
$9,041
$17,051National Average: $17,860National Increase: 112%PASSHE Increase: 89%PSU Average: $26,134PSU Increase: 95%*
Tuition and Average Fees2012/13 by University
22% less than 2010
BL CA CH CL EA ED IN KU LO MA M
I SH SLW
E $0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
$22,000
Tuition & Tech Fee Room & Board Mandatory Fees
*Mandatory Fees Include: Health Services, Instructional Support, Activity, Recreation Center, Student Union, and "Other“ fees.
PASSHE Average: $17,051
Revised Budget ProjectionsDollars in Millions
Note: Numbers may not add due to rounding.
Revenue/Sources 2012/13 2013/14 $ %Tuition $831.1 $825.5 ($5.6) (0.7%)Fees 178.1 177.7 (0.3) (0.2%)State Appropriation 412.8 412.8 0.0 0.0%All Other Revenue 65.6 66.6 1.0 0.0%Use of Carryforward Funds 50.4 30.1 (20.3) (35.3%)Total Revenue/Sources $1,537.9 $1,512.6 ($25.3) (1.6%)
Expenditures & Transfers Salaries & Wages $787.8 $800.4 $12.6 1.6%Benefits 324.9 357.4 32.5 10.0% Subtotal, Compensation $1,112.7 $1,157.7 $45.0 4.0%All Other Expenditures/Transfers 425.1 431.9 6.8 1.6%
Total Expenditures & Transfers $1,537.9 $1,589.6 $51.7 3.4%
Revenue/Sources Less Expenditures/Transfers
$0.0 ($77.0)
1997/98
1998/99
1999/2000
2000/01
2001/02
2002/03
2003/04
2004/05
2005/06
2006/07
2007/08
2008/09
2009/10
2010/11
2011/12
2012/13
2013/14
($100)
($50)
$0
$50
$100
$150
Appropriation Change Tuition Rate Increase Unmet Need
FY2011/12 includes the elimination of $20.7 million in line items and $38.1 million in federal ARRA SFSF funds.
E&G Budget Request vs. FundingDollars in Millions
Cost Containment Results
Efforts made in recent years to become more efficient and reduce costs include:• Workforce management--400 fewer funded positions• Streamlining course offerings and academic programs• Consolidated operations--such as electronic library
services, distance education and construction services• Better utilization of technology to improve operations
and student services• Multi-year collaborative procurements• Energy utilization reductionsOver the last 10 years, base budget reductions of $285 million have reduced PASSHE’s budget by 16%.
Projected Retirement Costs20
02/0
320
03/0
420
04/0
520
05/0
620
06/0
720
07/0
820
08/0
920
09/1
020
10/1
120
11/1
220
12/1
320
13/1
420
14/1
520
15/1
620
16/1
720
17/1
820
18/1
920
19/2
020
20/2
120
21/2
2
$0
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
$140,000,000
$160,000,000
ARP SERS PSERS
2013/14 E&G cost increasefor SERS and PSERS:
$15 million
45%
36%
SERS Rates as % of Salary
2012/13 10.5%2013/14 15.1%2017/18 31.1%
2011/12 2012/13 2013/14 2014/15
Faculty $ 457.9 $ 477.6 $ 488.8 $ 500.9
AFSCME 111.9 114.1 117.6 123.5
SCUPA 21.9 22.5 23.3 24.3
Nonrepresented 108.0 111.3 114.6 118.6
Other 32.6 33.0 33.9 34.8
Students 22.6 22.6 22.6 22.6
Total Pay $ 754.9 $ 781.2 $ 800.8 $ 824.8
Change ($) $ 26.3 $ 19.6 $ 23.9
Change (%) 3.5% 2.5% 3.0%Not in Original Budget $22.2 $14.0 N/A
Estimated E&G Paythrough Life of Contracts
Dollars in Millions
Balancing the 2013/14 Budget
Tuition Rate Increase (%)
Total Revenue Increase
New Tuition Rate
Tuition Rate Increase ($)
1% $9,014,800 $6,492 $64 2% $18,029,600 $6,558 $130 3% $27,044,399 $6,622 $194 4% $36,059,199 $6,686 $258 5% $45,073,999 $6,750 $322 6% $54,088,799 $6,814 $386 7% $63,103,599 $6,878 $450 8% $72,118,398 $6,942 $514 9% $81,133,198 $7,008 $580
FY2012/13 resident full-time undergraduate tuition rate is $6,428 per academic year.
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