MARCH 2011

PASSHE Budget Status

SRU Comparative Budgets1

FY 2010-11 Fund Sources

Tuition $58,951

State Appropriation

$35,946

ARRA $3,099

Other $2,279

Auxiliaries (OH) $2,770

Total $103,045

FY 2011-12 Fund Sources

Tuition (2% Growth) 2

$61,150

State Appropriation

$18,608

ARRA $0

Other $1,800

Auxiliaries (OH) $2,770

Total $84,328FY 2010-11 Expenditur

es

Personnel $85,887

Utilities $3,692

Operating Expenses

$8,139

Debt $3,954

Financial Aid $1,373

Total $103,045

FY 2011-12 Expenditures

Personnel $88,774

Utilities (5%) $3,877

Operating Expenses

$8,139

Debt $4,100

Financial Aid $1,575

Total $106,465$22,136

2Without a tuition adjustment

,000

1 These numbers are based on Fund 1000, not all E&G

SRU Will Stay With Core ValuesThe budgeting process is driven by basic

principles: Students come first. Educating students is always the highest

priority.Consultation with faculty, students and administration on

matters of the strategic plan and budget decisions are an inherent integral part of the shared governance of the University.

Cuts and/or increases are not made “across-the-board.” Doing so violates the purpose of the strategic plan and is a formula for mediocrity.

The University cannot be all things to all people. The budget reinforces the strategic priorities of the University to preserve the overall quality of the institution.

“When there are not enough biscuits to go around, the table manners tend to decline” Attributed to Joab Thomas, Former Penn State President

Strategic Decisions That Will Continue To Set SRU Apart

We Will Sustain Our Investment in QualityCommit to a faculty that is full time and

professionally credentialed.Commit to sustaining academic programs.Commit to maintaining our teaching/learning

environment, campus safety and security.Commit to recruiting, educating, and graduating

high quality engaged students.

Budget CalendarNow through April

Participate in advocacy opportunities to secure better funding.April 4-5 PASSHE Advocacy in Harrisburg.

Engage University Community in workshops and discussions to give people sufficient information so they can suggest informed ideas.

Utilize web site for gathering ideas, alerting community about changes, and staying informed.

Late April through MayVP's consider proposals coming from within their

division as well as those proposed and prepare presentations for Budget Committee and President.

June – Update to Council of Trustees.

Why Should SRU Receive Support? Outstanding Quality at a Value Cost

Nationally recognized accredited programs producing talented employees. Graduation rate well above national average for public universities (60.6%

compared to 55.9%) and a 17% increase in the last four years (6 yr rate). Resident undergraduate tuition at SRU is $5,804

Resident undergraduate tuition at Penn State is $14,412. Resident undergraduate tuition at Pitt is $15,713

Benefit to Taxpayers SRU and its alumni generate approximately $334 million each year to the regional

economy – the equivalent of 9,020 additional jobs. Every dollar invested in SRU by Pennsylvania taxpayers returns $18.60 in tangible

benefits to the State (higher income taxes, lower crime, better health). The state gains 5.5% on its investment in SRU.

SRU saves and enhances jobs in Western Pennsylvania. Since it’s inception in 2004, the SRU’s Regional Learning Alliance has provided more than

1 million people hours of professional development training to regional business. Westinghouse cited the RLA as one of eight reasons why it retained its world headquarters in Pennsylvania rather than moving out-of-state.

SRU imports talent to Pennsylvania. At SRU, the percent of students who remain in Pennsylvania (93 percent) is greater

than the percent of students who come from Pennsylvania (90 percent) SRU confers more than 1,500 degrees annually.

In a typical year, SRU certifies more than 385 teachers, 290 of whom take positions in the Commonwealth.

http://administration.sru.edu/president/budget/index.php

Participate and Follow

The Process

Useful Budget TermsEducational & General Activities (E&G)

Support the primary mission of the institution such as instruction, academic and administrative support, and public service.

Funded primarily by: Tuition FeesState appropriations Investment income and Other revenues.

Useful Budget TermsAuxiliary enterprise activities-

Self-supporting activities that charge a fee to cover the cost of those services.

Enterprise activities include residence halls, dining services, recreational centers and student unions.

University Auxiliary Enterprises receives no subsidy from E&G fund.

Other than an indirect cost allocation, auxiliary enterprise revenues are not permitted to support E&G operations.

Useful Budget TermsRecurring funds/expenditures

Funds and expenses that recur each year such as: employee salaries and benefits, utility costs, educational supplies and debt service.

Non-Recurring funds/expendituresFunds and expenses that are available in

one year but not the next. They are also defined as one-time funds.

Non-recurring funds can not be relied upon to pay for expected recurring expenses.