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Spring 2013 Budget Update. April 2013. Agenda. Tuition and enrollment projections Budget forecast m odel and approved funding Segregated fees as endorsed by SUFAC, and room & board rates. Tuition Revenue. - PowerPoint PPT Presentation
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Spring 2013 Budget Update
April 2013
Agenda
• Tuition and enrollment projections• Budget forecast model and approved funding• Segregated fees as endorsed by SUFAC, and room &
board rates
2
Tuition Target for Pooled Revenue=$33,435,359 Variance
Original Estimate 5.2012 $35,218,000 $1,783,000
Fall 2012 10.12.2012 $36,536,000 $3,100,000
Spring 2013 03.03.2013 $36,549,000 $3,114,000
TSI Estimate 5.2012 $13,405,000 -
Fall 2012 $14,400,000 $995,000
Spring 2013 $14,400,000 $995,000
Tuition Revenue
Note – these figures exclude distance learning, study abroad, and school of education cost recovery students
3
EnrollmentOriginal
Fall Billing FTE
Fall 2012 Billing FTE
Fall Estimate -Spring Billing
FTE [90%]
Spring 2013 Billing FTE
Undergrad Resident 5,375 5,514 4,963 5,022
Undergrad NonRes 118 180 162 136
Graduate Resident 116 95 86 105
Graduate NonRes 23 26 23 16
Subtotal Pooled Enrollment 5,632 5,815 5,234 5,279
TSI Enrollment 1,370 1,472 1,325 1,325
Total Pooled & TSI Enrollment 7,002 7,287 6,559 6,604
4
Enrollment ProjectionsFY2013-
14FY2014-
15FY2015-
16FY2016-
17FY2017-
18
Undergraduate 5,690 5,690 5,690 5,690 5,690
Graduate 120 120 120 120 120
Subtotal Pooled Enrollment 5,810 5,810 5,810 5,810 5,810
TSI Enrollment 1,580 1,670 1,695 1,705 1,705
Total Pooled & TSI Enrollment 7,390 7,480 7,505 7,515 7,515
5
Budget Forecast ModelProjected Closing Balances
FY2012-13
FY2013-14
FY2014-15
FY2015-16
FY2016-17
FY2017-18
$500K Lapse in FY14 & FY15 and $1.3M plan; $350K base savings in FY16 and forward
8,071,684
6,752,669
6,070,228
5,066,607
3,694,434
2,065,225
Total Budget Requests 2,043,385 6,383,512 5,148,064 6,172,779 6,290,323 6,192,070
Recommended funding - $ 192,805 1,064,705 648,311 1,110,395 1,334,047 1,307,427
Recommended FTE 2.22 8.67 14.12 16.62 16.62 15.62
Additional Requests 1,850,580 5,318,807 4,499,754 5,062,384 4,956,276 4,884,643
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Recommended FundingDivision FY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Admin 0 257,000 216,100 251,905 289,500 328,975
Admissions 25,300 26,500 27,700 29,000 29,400 29,700
Assoc VC 0 75,925 77,525 79,225 81,125 83,125
BILSA 0 136,400 195,900 295,600 306,400 311,000
Diversity 194,800 156,600 128,700 121,100 113,700 78,900
EMS 0 38,250 227,300 235,440 244,070 247,700
LAE 0 144,630 149,010 153,740 158,370 163,000
Provost 0 178,200 275,034 278,385 281,782 279,927
SA 0 200,000 0 0 0 0
Univ Wide -27,295 -148,800 -648,958 -334,000 -170,300 -214,900
Grand Total
192,805 1,064,705 648,311 1,110,395 1,334,047 1,307,427
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Provost FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 178,200 275,034 278,385 281,782 279,927
FTE 0.00 2.00 3.45 4.95 4.95 4.95
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• FY2014-18• Assistant Director of First Year Experience• Academic Affairs position (Assessment Coordinator or
Coordinator of Graduate Studies and Academic Projects)
• Supplies & materials for new academic affairs position• PACCE positions (i.e. Entrepreneurship Prog Dir,
Scholarly Coord, Marketing asst, Launch lab manager, liasons to BILSA & EMS)
• FY2015-18• PACCE positions
BILSA Funding
9
FY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 136,400 195,900 295,600 306,400 311,000
FTE 0.00 1.00 2.00 3.00 3.00 3.00
• FY2014-18• Salary Adjustments (i.e. cover under-allocated salary budget
lines, Weigel & Prill-Adams)• Unclassified position, supplies and capital to fund increased
enrollment in the School of Ag • In addition to the above positions, 3.00 FTE for total salaries
of $160,000 were already approved for funding (Biology, Ag & Farm Manager)
• FY2015-18• Add’l positions to fund increased enrollment in the School of
Ag
EMS FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 38,250 227,300 235,440 244,070 247,700
FTE 0.00 0.45 2.45 2.45 2.45 2.45
10
• FY2014-18• Chemistry – chemical hygiene officer and student help• In addition to the above positions, 3.00 FTE for total
salaries of $185,000 were already approved for funding (Chemistry, Math & Mechanical Engineering)
• FY2015-18• Add’l faculty position in mathematics and mechanical
engineering
LAE FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 144,630 149,010 153,740 158,370 163,000
FTE 0.00 0.00 0.00 0.00 0.00 0.00
11
• FY2014-18• Overload and adjunct pay• Student help• Japanese language instruction (student help and
supplies)• In addition to the above positions, 3.00 FTE for total
salaries of $144,000 were already approved for funding (Women’s & Gender Studies, Criminal Justice & Political Science)
Diversity FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 194,800 156,600 128,700 121,100 113,700 78,900
FTE 1.70 1.70 1.70 1.70 1.70 0.70
12
• FY2013• ESL Program startup• Center for Veteran & Non-Traditional Students (Director
and student help)• FY2014-18
• Decreasing support of ESL program as it becomes self-sustaining
• Maintain funding for Center for Veteran & Non-Traditional Students
Student Affairs FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 200,000 0 0 0 0
FTE 0.00 0.00 0.00 0.00 0.00 0.00
13
• FY2014 • Repair/replace acoustic panel winches in the CFA
Associate VC FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 75,925 77,525 79,225 81,125 83,125
FTE 0.00 1.00 1.00 1.00 1.00 1.00
14
• FY2014-18• Registrar’s office position
Admissions & Enrollment Svcs Funding
FY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 25,300 26,500 27,700 29,000 29,400 29,700
FTE 0.52 0.52 0.52 0.52 0.52 0.52
15
• FY2013-18• Fund remaining portion of position supported by Federal
Overhead-Financial Aid
Administrative Svcs FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount 0 257,000 216,100 251,905 289,500 328,975
FTE 0.00 0.00 0.00 0.00 0.00 0.00
16
• FY2014• Two backup appliances for off-site data backup (OIT)
• FY2014-18• Annual hardware & software maintenance increases
(OIT)
University Wide FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Amount -27,295 -148,800 -648,958 -334,000 -170,300 -214,900
FTE 0.00 2.00 3.00 3.00 3.00 3.00
17
• FY2013• One-time supplemental compensation planning ($600,000)• Ongoing compensation planning ($350,000)• Budget lapse planning (-$1,005,295)• Classroom technology upgrades- Russell 122 & Doudna
205a ($28,000)• FY2014-18
• Classroom technology upgrades (6 classrooms)• Office of Planning and Assessment - positions• Ongoing compensation planning• Budget lapse planning• TSI positions available for allocation
Auxiliary Rates – Segregated Fees
18
Student Fees 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017 2017/2018
BONDING
Stadium/Arena Fac Bond 1 632205 FY25 30 30 30 30 30 30
MPSC Bond 632810 FY21 120 120 120 120 120 120
WFH Bond1 632605 FY12 0 0 0 0 0 0
WFH Bond2 632615 FY31 50 47 47 47 47 47
OPERATIONS
Stadium/Arena Oper 632200 25 25 25 25 25 25
Child Care 632700 10 10 10 10 10 10
ID Systems 612225 8 8 8 8 8 8
Intercoll. Athletics 632400 83 83 83 83 83 83
Muni. Svc. 632800 18 18 18 18 18 18
PAC/Intramural Oper 632600 54 54 54 54 54 54
Parking 642001 20 20 20 20 20 20
Transportation 30 30 30 30 30 30
MPSC Operations 632000 152 152 154 158 162 162
Student Affairs Programming 632006 91 93 93 93 93 94
Student Health & Counseling 632100 106 111 111 111 111 111
SUFAC Activity 622001 100 100 100 100 100 100
Textbook 632900 142 165 179 182 185 187
Total Seg. Fees 1,039 1,066 1,082 1,089 1,096 1,099
% Increase 0.97% 2.60% 1.50% 0.65% 0.64% 0.27%
% Increase (excluding Textbook Rental) 1.13% 0.45% 0.22% 0.44% 0.44% 0.11%
Auxiliary Rates – Housing & Meal Plans
19
Residence Halls 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18Double 3,520 3,700 3,820 3,940 4,060 4,190 Renewed Double - 3,900 4,020 4,150 4,280 4,410
Elevated Renewed Double - - 4,230 4,360 4,500 4,640 Single 4,428 4,650 4,790 4,940 5,090 5,250
Semi-Suite (Bridgeway) - 5,100 5,260 5,420 5,590 5,760 Single Suite (SW) 5,006 5,250 5,410 5,580 5,750 5,930 Avg % inc 8.0% 5.0% 3.1% 3.1% 3.1% 3.1% Other Suite: Rountree 4,800 4,950 5,100 5,260 5,420 5,590 Meal Plans
Average Rate 2,273 2,393 2,471 2,550 2,631 2,714% Inc 5.0% 5.3% 3.2% 3.2% 3.2% 3.2%
Total Price of Attendance
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Total Price of Attendance 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017 2017/2018Wisconsin Resident
Tuition 6,422 6,615 6,813 7,018 7,228 7,445
Student Fees 1,039 1,066 1,082 1,089 1,096 1,099
Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190
Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480
Total Estimated Price of Attendance $ 13,901 $ 14,451 $ 14,885 $ 15,317 $ 15,754 $ 16,214
% Increase 5.7% 4.0% 3.0% 2.9% 2.9% 2.9%
Minnesota Resident
Tuition 6,846 7,051 7,263 7,481 7,705 7,936
Student Fees 1,039 1,066 1,082 1,089 1,096 1,099
Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190
Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480
Total Estimated Price of Attendance $ 14,325 $ 14,887 $ 15,335 $ 15,780 $ 16,231 $ 16,705
% Increase 5.6% 3.9% 3.0% 2.9% 2.9% 2.9%
Non-Resident
Tuition 15,805 16,279 16,767 17,270 17,789 18,322
Student Fees 1,039 1,066 1,082 1,089 1,096 1,099
Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190
Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480
Total Estimated Price of Attendance $ 23,284 $ 24,115 $ 24,839 $ 25,569 $ 26,315 $ 27,091
% Increase 5.6% 3.6% 3.0% 2.9% 2.9% 3.0%
Tri-State Initiative
Tuition 10,422 10,735 11,057 11,388 11,730 12,082
Student Fees 1,039 1,066 1,082 1,089 1,096 1,099
Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190
Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480
Total Estimated Price of Attendance $ 17,901 $ 18,571 $ 19,129 $ 19,687 $ 20,256 $ 20,851
% Increase 4.3% 3.7% 3.0% 2.9% 2.9% 2.9%