FY 13 University Wide Budget Discussion
• No funds allocated for raises nor any across board raises in FY 13
Budget
• There are a few faculty promotions and staff
promotions/adjustments, EPHASIZE few
• TRS Rate Change – July 1, 2012 Employee 5.53% to 6% and
Employer from 10.28% to 11.41%
• Health Insurance Increases/Changes – January 1, 2013
Miscellaneous Comments
• No furloughs in original budget
• Very conservative tuition projections
• Starting this Summer – Revenue and expenses will have to be split
between Fiscal Years
• Original split is 82% PS / 18% NPS, should get closer to 75% / 25%
on actual #’s (E&G)
Continued
FY 13 FY 12 Change
State Approp. $ 11,583,768 $ 11,088,845
Tuition 11,118,000 10,982,000
Fees 1,893,700 1,641,700
Total $ 24,595,468 $ 23,712,545 $ 882,923 or 3.7%
Comparison of E&G Budget
FY13 FY 12 Change
Original $ 11,583,768 $ 11,088,845 4.4%
Cut During FY 12 218,277 2.0%
Original VS Amended
$ 11,583,768 $ 10,870,568 6.6%
Comparison of State Funds
E&G $ 25,595,468
Sponsored 14,238,225
Indirect Cost 70,000Technology Fee 420,000
Departmental 60,000
Auxiliary Funds 5,910,000
Total $ 46,293,693
note – does NOT include capital budget……….
Total Budget
• Greg Hawver – Chairperson
• Laurel Robinson
• Michael Fathi
• Bryan McLain
• Ru Story-Huffman
• Yevette McWhorter
• Ian Brown
• Rebecca Short
Budget Committee
• Plant Items
• Baseball Field Drainage
• Library Items
• IT Items –
Core/Switches/Routers
• C&M Department
• A&S – Equipment
• Academic Testing Center
• Education
• HR – Fireproof Safe
• Total Request - $ 575K
FY 12 YE Recommendations
• English Professor
• Counselor Position
– Student Affairs
• Academic and Disabilities
Reorganization
• Library Operating
• Glass and Clay for A&S
• Writing Project
• Stipend for Honors Program
• Education Travel
• SACS
FY 13 Recommendations by Budget Committee
• English Professor – in FY 13 budget• Counselor Position – Student Affairs – in FY 13 budget but on hold• Academic and Disabilities Reorganization – in FY 13 budget, still in planning process• Library Operating – FY 12 YE accomplish some, remainder reviewed in FY 13 YE or amended
budget• Glass and Clay for A&S – FY 12 YE and FY 13YE• Stipend for Writing Project – Not in FY 13 Budget• Stipend for Honors Program – Still under review for FY 13• Education Travel – Not in original, NCATES will be amended in as needed• SACS - In FY 13 Budget• Swapping of 3 Nursing Professors – SFI to regular E&G funding• Biology Professor – In FY 13 Budget (search started before Committee Started Work)• Business Professor – In FY 13 Budget but on hold• M&O Funds – Specific Allocation from BOR for HHS Phase I
FY 13 Final Adds/Comments
Undergraduate Comments
Tuition $ 2,256 $ 150.40 hr/2.50%
Institutional Fee 242
Health Fee 70
Activity Fee 64
Athletic Fee 180 $ 5 increase
Technology Fee 50
Success Center Fee 28
Parking Fee 18
Totals $ 2,908
Tuition and Fees
• Graduate Tuition - $ 170 per hour/up from $ 165 per hour –
LOWEST in System
• Fees in our Sector - $ 992 to $ 555 (GSW - $ 652)
• Housing Rates – Unchanged in FY 13
• Meal Rates – Up 3%
• Increases effective Fall Term
• Fee Request – Thru Fee’s Committee, again in November (Including
Miscellaneous Fees)
Tuition and Fee Comments
• More student driven that EVER before
• Special Thanks to department heads staying within your budgets
• Academic Departments – Summer Profits will be allocated, working
on mechanism
• GSW is in solid financial shape (reserves, splits on PS/NPS, only
debt is resident halls, low cost on fees)
Closing Comments