FY20 Budget Budget... · 2019-07-16 · Tuition and Fees Tuition rate increase per BOT approval 27.4 28.6 1.2 4.4% Grants & Contracts 84.8 Increase in Grant spending 91.1 6.4 7.5%

Board of TrusteesJune 26, 2019

FY20 Budget

Key Issues – UConn & UCH

High fringe benefit costs, due primarily to the State’s unfunded liabilities, are impacting UConn’s and UConn Health’s competitiveness.

Research competitiveness – UConn and UCH research fringe rates are about 20% points higher than our peers. This results in less research grants, research dollars, innovation and commercializing technologies.

Clinical competitiveness – Current state fringe rates for UConn Health’s John Dempsey Hospital are 45% higher than other Connecticut hospitals. This results in tens of millions of dollars in more costs for UConn Health to provide clinical care compared to other hospitals in the state.

With the additional $33.2M of State support to cover the unfunded liabilities, the original UCH projected FY20 cash shortfall of $40.3M, now drops to $7.1M.

Over the past decade (since FY10), UConn and UConn Health have faced $166M in State cuts, fund sweeps and rescissions and have paid $1.9B in fringe costs from non-state funds*.

2

*Non-state funds include tuition, fees, patient revenue, grants and contracts, and revenue from sales and services.

State SupportThe State is a strong partner to UConn, supporting most of debt service and about half of faculty and staff salary and fringe costs.

3

FY20 Funding Split ($M) State UConn - Storrs Total Salaries – Faculty & Staff $198.1 47% $227.9 53% $426.0Salaries – Temporary Payroll* $0 0% 153.3 100% $153.3Fringe Benefits $168.1 50% $168.8 50% $336.9Financial Aid $9.0 5% $185.7 95% $194.7

Other Expenses $21.6 7% $304.1 93% $325.7Debt Service** $212.1 89% $27.0 11% $239.1Total State Support $608.9*Temporary Payroll includes graduate assistants, students, post doctoral associates and other special payroll**State debt service attributable to both UConn and UCH

UConn funds come from tuition, fees, federal & private grants, sales & services revenue and foundation reimbursements.

UConn Pays Increasing Share of Fringe Costs

Fringe rates are determined by the State Comptroller's Office. UConn has no input or control over these rates.

As fringe costs rise, and the State covers a smaller share, UConn pays more for fringe expenses and less for student service expenses.

$158.2

$337.0

$96.4

$168.1

$50

$100

$150

$200

$250

$300

$350

FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20Budget

STORRS - Total Fringe Expense STORRS - Fringe Paid by State

UConn’s Share ($168.8M = 50%)

UConn’s Share ($61.8M = 39%)

4

State Block GrantThe State block grant is only used to pay for salaries of University employees, but it only covers 47% of all employees.

Since FY10, the State block grant has averaged ~$214M per year - the FY20 appropriated block grant is ~$14M less than this 10 year average.

The remaining 53% of employees are funded by non-State revenue sources including tuition and fees, auxiliary enterprises, research, grants and contracts, Foundation, and sales and services.

$233.0

$195.8

$240.6

$200.4

FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19Forecast

FY20Budget

$40M cut

since FY16

5

Fringe Benefit Rate Components - SERSThe State Comptroller determines the fringe benefit rates and the University

is charged those rates for each employee.

FY19 State Fringe Benefit Rate Components

**Other retirement options are available for non-classified employees (Alternate Retirement Plan (ARP) Rate at 14.50%). 37%of our current employees are on the ARP.

State Retirement (SERS) ** 64.30%FICA SS 6.20%FICA Medicare 1.45%Unemployment Compensation 0.23%Group Life Insurance* ~0.20%Health Insurance* ~24.02%

96.40%*Rates vary according to coverage selected

Unfunded Pension Liability 33.61%Retiree Health 20.94%Normal/Current Retire. Costs 5.30%Other Post Employ. Benefit Costs (OPEB) 2.86%Administrative Costs 0.37%Roll-forward/Adjustments 1.22%

64.30%

Below is an example showing the components of the fringe rate for an employee who is a member of the State Employees Retirement System (SERS)** with an annual salary of $100K.

Retirement Plan Headcount % Headcount %SERS 3,030 62.9% 2,731 62.7%ARP 1,778 36.9% 1,607 36.9%Teachers 13 0.3% 17 0.4%

4,821 4,355

UConn Storrs & Regionals UConn Health

6

FY20 Combined BudgetThe deficits would be non-existent without the State’s unfunded SERS liabilities.

7

FY20 Budget ($M)UConn-Storrs & Regionals

UConn Health

Combined Total

State Block Grant 200.4 128.2 328.6 Fringe Benefits & Adjustments 66.8 63.4 130.2

Total State Support 267.2$ 191.6$ 458.8$ All Other Revenues 1,072.5$ 938.4$ 2,010.9$

Total Revenues 1,339.7$ 1,130.0$ 2,469.7$

Total Expenditures 1,328.3$ 1,126.2$ 2,454.5$

Operating Gain/(Loss) 11.4$ 3.8$ 15.2$

Unfunded SERS Pension and Retiree Health Costs 135.4$ 125.3$ 260.7$ Less amount funded by the State 104.4$ 70.6$ 175.0$ Additional State Support (portion of the unfunded liabilities) 33.2$ 33.2$ Net SERS Unfunded Pension and Retiree Health Costs 31.0$ 21.5$ 52.5$

Non-Operating Gain/(Loss) 10.6 10.6Excess/(Deficiency) (19.6)$ (7.1)$ (26.7)$ Lapses 19.6 7.1 26.7Projected Net Gain/Loss 0.0$ 0.0$ 0.0$

Financial Overview

9

$10.6M Reduction in

Capital Spending

$7.1M Lapses

FY15 FY16 FY17 FY18 FY19 FY20Original Projection w/o Intervention ($25.9) ($40.0) ($48.1) ($59.4) ($40.5) ($50.9)Final Budget and Proposed FY20 ($12.5) ($15.9) ($15.9) ($18.4) ($18.2) ($17.7)Actuals/Forecast FY19 ($2.9) ($12.6) ($15.4) ($9.9) ($18.2)

($25.9)

($40.0)

($48.1)

($59.4)

($40.5)

($50.9)

($12.5)

($15.9) ($15.9) ($18.4) ($18.2) ($17.7)

($2.9)

($12.6)($15.4)

($9.9)

($18.2)

($70.0)

($60.0)

($50.0)

($40.0)

($30.0)

($20.0)

($10.0)

$0.0

$33.2M Additional State support for a

portion of the State’s unfunded

liability

FY20 Budget Key Drivers of Deficit

10

REVENUE: Dermatology Department Updates

Mohs move from Hospital Based to Office Based Clinic Provider Ramp-up Pharmacy Utilization Decrease

DOC Pharmacy Contract

EXPENDITURES: Salary – SEBAC 5.5% CBI Increases Fringe Benefits –

Salary CBI increases Full Impact of the SAG Award 9% Health/Dental/Pharmacy Insurance Increase and estimated Retirement

rate increase

Clinical Enterprise – UMG and JDH Fringe Benefit Differential

11

27.14%29.54% 30.14%

31.08% 30.61%28.80% 28.79% 28.13% 26.67% 27.20% 27.75%

28.70%

36.85%

41.05% 40.69% 40.25%42.60%

49.07% 50.10%52.30%

59.10%57.53%

62.34%

70.43%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19Budget

FY20Proposed

Budget

ConnecticutHospitalAssociation

JDH and UMG

For FY20, the difference in rates is expected to result in over $106M of additional costs to run the Clinical Operations compared to other area hospitals.

After accounting for the $13.5M that the state provides UConn Health annually to help with this fringe cost differential, and the one time FY20 appropriation of $33.2M for a portion of the state’s unfunded liabilities, UConn Health will still pay $72.9M more in fringe costs than other area hospitals to provide clinical care.

$72.9M Gap

$13.5M FB Diff. State Support

$19.6M Add'l State Support for a portion of the State’s unfunded liability

FY19 Actuals vs. FY20 Proposed Budget

12

FY2019 FY2020

Operating Revenue and Expense ($M) Forecast Proposed

Budget Variance %

Variance State Support Salary 122.8$ 128.2$ 5.5$ 4.5% Increase in State Funding for CBI'sState Support Fringe 63.1 63.4 0.3 0.4% Increased fringe reimbursement (includes SAG impact)Tuition and Fees 27.4 28.6 1.2 4.4% Tuition rate increase per BOT approvalGrants & Contracts 84.8 91.1 6.4 7.5% Increase in Grant spendingInterns/Residents 69.4 73.1 3.7 5.3% Increase offset by program expenses noted belowNet Patient Revenue 542.8 568.1 25.2 4.7% 1% rate increase and increase in DSS Enhanced PaymentsOther Revenue 195.4 169.2 (26.2) -13.4% DOC Pharmacy Contract

Total Operating Revenue 1,105.7$ 1,121.7$ 16.1$

Research and Restricted Funds 23.72 8.3 (15.46) -65.2% EPIC project funds in FY19

Total Current Funds Revenues 1,129.41$ 1,130.0$ 0.61$

Personal Services 419.0$ 443.4$ 24.4$ 5.8% CBI IncreaseFringe Benefits 159.0 180.8 21.7 13.7% Fringe rate increase; SAG award impact; CBI increasesDrugs/Medical Supplies 126.0 112.8 (13.2) -10.5% DOC Pharmacy ContractOther Expenses 350.4 352.9 2.4 0.7%Depreciation 30.4 28.1 (2.2) -7.4% Higher debt service payments; less available for projects

Total Operating Expenses 1,084.8$ 1,117.9$ 33.1$

Research and Restricted Funds 23.72 8.3 (15.46) -65.2% EPIC project funds in FY19

Total Current funds Expenditures 1,108.54$ 1,126.2$ 17.66$

Operating Margin 20.9$ 3.8$ (17.0)$

Unfunded SERS Pension & Retiree Health Payments & RevenuesUnfunded SERS Pension and Retiree Health Costs (101.0)$ (125.3)$ (24.3)$ Less amount of Unfunded SERS Pension and Retiree Health Costs funded by the State 62.0 70.6 8.7 Additional State Support for FY2020 - 33.2 33.2 100.0% Additional State support for Unfunded Liabilities

Net UCH non-state fund payments for Unfunded Pension and Retiree Health Costs (39.1)$ (21.5)$ 17.6$

Excess/(Deficiency) (18.2)$ (17.7)$ 0.5$

Cash FlowTransfer for Capital/Debt Service 30.4$ 28.1$ (2.2)$ Principal Payment on Debt (7.0) (8.5) (1.5) Capital Equipment/Projects (5.1) (9.0) (3.9)

Non-Operating Gain/(Loss) 18.2$ 10.6$ (7.6)$

Total UCH Cash Excess/Shortfall 0.0$ (7.1)$ (7.1)$

UCH would be fiscally healthy…

…but for unfunded liability costs

Cover

Proposed Operating Budget

Fiscal Year 2020

and

Review of Fiscal Year 2019

Fiscal Year

2020

Review of Fiscal Year

2019

CY Budget vs CY Actuals

Consolidated Statement of Revenues and Expenses (with Eliminations)

ERROR:#REF!

Fiscal Year Fiscal Year

20192019

Approved BudgetActualsVariancePercent Variance

Revenues:

Tuition & Fees $ 25,475,780$ 27,397,232$ 1,921,4527.5%

Research Grants and Contracts80,242,45184,765,7344,523,2835.6%

Auxiliary Enterprises18,758,06418,629,838(128,226)-0.7%

Interns and Residents69,266,54769,448,628182,0810.3%

Net Patient Care539,730,748542,814,3173,083,5690.6%

Correctional Managed Health Care- 0- 0- 0-- 0- 0

Gift & Endowment Income5,444,4946,066,485621,99111.4%

Investment Income- 0- 0- 0-

Other Income68,709,70770,136,1681,426,4612.1%

Total Revenue$ 807,627,791$ 819,258,402$ 11,630,6111.4%

Expenses:

Salary Expense$ 414,145,814$ 419,006,331$ 4,860,5171.2%

Fringe Benefits245,586,754254,206,9848,620,2303.5%

Medical/Dental House Staff56,104,25955,890,039(214,220)-0.4%

Medical Contractual Support17,016,07417,504,422488,3482.9%

Correctional Managed Health Care- 0- 0- 0-

Temporary/Per Diem Staff5,821,9426,711,694889,75215.3%

Utilities13,064,90212,984,625(80,277)-0.6%

Outside & Other Purchased Services98,479,07493,769,591(4,709,483)-4.8%

Insurance3,626,4123,533,856(92,556)-2.6%

Repair and Maintenance16,779,20017,101,952322,7521.9%

Drugs62,363,79467,327,0264,963,2328.0%

Medical Supplies56,177,49958,649,0582,471,5594.4%

Other Expenses 31,769,22533,024,3731,255,1484.0%

Debt Service9,587,1879,618,84431,6570.3%

Depreciation30,244,95930,362,559117,6000.4%

Total Expenses$ 1,060,767,095$ 1,079,691,354$ 18,924,2591.8%

Excess/(Deficiency)

of Revenues over Expenses$ (253,139,304)$ (260,432,952)$ (7,293,648)2.9%

State Appropriation-Block Grant118,125,405118,432,906307,5010.3%

State Supported Fringe Benefits 118,684,139125,083,1086,398,9695.4%

GF Appropriation Rescission- 0- 0- 0-

Workers Compensation Net of Appropriation145,022442,791297,769205.3%

Transfer to State of CT(1,991,106)(1,991,106)- 00.0%

Excess/(Deficiency) $ (18,175,844)$ (18,465,253)$ (289,409)-1.6%

Total State Support234,963,460241,967,6997,004,2393.0%

Percent of Total Revenues22.54%22.80%

calc check24,011(244,229)

&P

JDH Budget Assumptions

Budget Assumptions - Clinical JDH

Fiscal Year

2019

Budget vs.

Actual

ERROR:#REF!

•Net Patient Revenue assumes

Summary of Net Patient Revenue Change:

ERROR:#REF!ERROR:#REF!

ERROR:#REF!ERROR:#REF!

ERROR:#REF!ERROR:#REF!Variance%Variance

Average Daily Census106.8111.44.64.3%

Patient DaysERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

DischargesERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

Outpatient EquivalentsERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

&P

UMG Budget Assumptions

Budget Assumptions - Clinical UMG

Fiscal Year

2019

Budget vs.

Actual

ERROR:#REF!

•Net Patient Revenue assumes a 2% rate increase

Summary of Net Patient Revenue Change:

Net Rev VarEncounters VarRVU VarFTE Var

Summary of Net Patient Revenue Change

FY14 Departing Providers(1,776,966)

FY14 New Providers5,255,381

Providers with FTE Increases(55,741)

Yr 2 & 3 Ramp Ups1,347,158

FY15 New Providers/Reimb Inc4,663,018

Anesthesiology47,327

Established Providers266,728

Total increase in Net Revenue 9,746,905

&P

need to update

SOM

SOM FUNDS -

Statement of Revenues and Expenses


20192020

ActualsBudget ProposedVariancePercent Variance

Revenues:

Tuition & Fees $ 18,367,829$ 18,893,037$ 525,2082.9%

Federal Grant Revenue- 0- 0- 0-

Non Fed Research Grants & Contracts- 0- 0- 0-

Auxiliary Services4,418,2554,519,665101,4102.3%

Int/Res Distribution68,886,68772,575,7373,689,0505.4%

Net Patient Care Revenue- 0- 0- 0-


Gift & Endowment Income1,5001,500- 00.0%

Contractual & Other Income7,6897,689- 00.0%

F&A Recoveries - 0- 0- 0-

Investment Income757757- 00.0%

Internal Income27,332,31428,499,6231,167,3084.3%

Total Revenue$ 119,015,031$ 124,498,008$ 5,482,9774.6%

Expenses:

Salary Expense$ 55,456,330$ 60,194,080$ 4,737,7508.5%

Fringe Benefits28,619,15835,057,8306,438,67122.5%

Internal Contractual Support12,718,7417,973,054(4,745,687)-37.3%

Medical/Dental House Staff53,433,61655,273,7741,840,1583.4%

Medical Contractual Support9,471,2329,886,974415,7424.4%

Temporary/Per Diem Staff45,57638,522(7,054)-15.5%

Utilities3,664- 0(3,664)-100.0%

Outside & Other Purchased Serv7,874,2788,483,855609,5767.7%

Insurance341,793515,585173,79250.8%

Repair and Maintenance78,04544,536(33,509)-42.9%

Drugs1,1381,080(58)-5.1%

Medical Supplies959,2431,128,365169,12217.6%

Other Expenses 6,423,3247,233,531810,20712.6%

Grants Sub Contracts535,000530,000(5,000)-0.9%

Grants Close Out Exp Adj11,71411,714- 00.0%

Debt Service- 0- 0- 0-

Depreciation1,345,2351,315,028(30,207)-2.2%

Total Expenses$ 177,318,087$ 187,687,926$ 10,369,8395.8%

Excess/(Deficiency)


calc check- 0- 0

SODM

SODM FUNDS -



20192020


Revenues:

Tuition & Fees $ 8,924,653$ 9,604,720$ 680,0677.6%




Int/Res Distribution- 0- 0- 0-




Contractual & Other Income- 0- 0- 0-


Investment Income410252(158)-38.6%

Internal Income- 0- 0- 0-

Total Revenue$ 11,163,647$ 11,955,525$ 791,8787.1%

Expenses:

Salary Expense$ 14,555,878$ 15,779,192$ 1,223,3148.4%

Fringe Benefits9,316,72710,774,4751,457,74715.6%

Internal Contractual Support2,256,8922,441,904185,0138.2%

Medical/Dental House Staff- 0- 0- 0-

Medical Contractual Support- 0- 0- 0-

Temporary/Per Diem Staff- 0- 0- 0-

Utilities- 0- 0- 0-

Outside & Other Purchased Serv578,704671,00992,30516.0%

Insurance54,55383,04328,49052.2%

Repair and Maintenance5,0005,000- 00.0%

Drugs- 0- 0- 0-

Medical Supplies455,922579,447123,52527.1%

Other Expenses 2,411,3922,717,868306,47612.7%

Grants Sub Contracts- 0- 0- 0-

Grants Close Out Exp Adj- 0- 0- 0-


Depreciation292,033295,5603,5271.2%

Total Expenses$ 29,927,101$ 33,347,498$ 3,420,39711.4%

Excess/(Deficiency)


calc check- 0- 0

Research

RESEARCH FUNDS -



20192020


Revenues:

Tuition & Fees $ - 0$ - 0$ - 0-

Federal Grant Revenue56,591,93263,771,6297,179,69712.7%

Non Fed Research Grants & Contracts28,173,80227,345,735(828,066)-2.9%





Gift & Endowment Income4,729,0245,134,862405,8388.6%

Contractual & Other Income945,325924,758(20,567)-2.2%

F&A Recoveries 00(0)-99.6%

Investment Income602,705674,80872,10312.0%

Internal Income7,123,4736,642,411(481,062)-6.8%

Total Revenue$ 101,433,955$ 108,268,799$ 6,834,8446.7%

Expenses:

Salary Expense$ 56,353,877$ 58,592,437$ 2,238,5604.0%

Fringe Benefits29,712,98034,288,2534,575,27315.4%

Internal Contractual Support9,572,8099,217,125(355,684)-3.7%


Medical Contractual Support24,45424,454- 00.0%


Utilities3,648,0323,541,436(106,596)-2.9%

Outside & Other Purchased Serv8,222,4959,371,0871,148,59214.0%

Insurance- 0- 0- 0-

Repair and Maintenance1,047,1451,031,939(15,207)-1.5%

Drugs4,9266,8921,96639.9%

Medical Supplies5,701,0095,912,059211,0503.7%

Other Expenses 2,464,2932,756,926292,63411.9%

Grants Sub Contracts14,687,97215,810,0681,122,0967.6%

Grants Close Out Exp Adj37,75999,88362,123164.5%


Depreciation6,784,4026,410,356(374,046)-5.5%

Total Expenses$ 138,291,654$ 147,081,915$ 8,790,2616.4%

Excess/(Deficiency)


calc check- 0- 0

CMHC

CMHC FUNDS -



20192020


Revenues:

Tuition & Fees $ - 0$ - 0$ - 0-



Auxiliary Services- 0- 0- 0-




Gift & Endowment Income- 0- 0- 0-

Contractual & Other Income- 0- 0- 0-



Internal Income- 0- 0- 0-

Total Revenue$ - 0$ - 0$ - 0-

Expenses:

Salary Expense$ 0$ - 0$ (0)-100.0%

Fringe Benefits- 0- 0- 0-

Internal Contractual Support(0)(0)- 00.0%




Utilities- 0- 0- 0-

Outside & Other Purchased Serv00- 00.0%

Insurance- 0- 0- 0-

Repair and Maintenance- 0- 0- 0-

Drugs- 0- 0- 0-

Medical Supplies00- 00.0%

Other Expenses 00- 00.0%




Depreciation- 0- 0- 0-

Total Expenses$ 0$ 0$ (0)-27.9%

Excess/(Deficiency)

of Revenues over Expenses$ (0)$ (0)$ 0-27.9%

calc check- 0- 0

INST Spprt

INSTITUTIONAL SUPPORT -



20192020


Revenues:

Tuition & Fees $ 68,750$ 68,750$ - 00.0%








Contractual & Other Income1,092,863842,396(250,467)-22.9%


Investment Income49,10549,105- 00.0%

Internal Income37,225,23134,748,466(2,476,765)-6.7%

Total Revenue$ 44,007,746$ 41,725,262$ (2,282,483)-5.2%

Expenses:

Salary Expense$ 49,675,184$ 50,065,896$ 390,7130.8%

Fringe Benefits34,006,32739,277,7075,271,38015.5%





Utilities5,759,2026,548,860789,65813.7%

Outside & Other Purchased Serv28,188,94929,639,8551,450,9065.1%

Insurance173,997233,89659,90034.4%

Repair and Maintenance5,512,6856,251,167738,48213.4%

Drugs18,15318,110(43)-0.2%

Medical Supplies584,650570,542(14,108)-2.4%

Other Expenses 4,275,2974,398,262122,9652.9%




Depreciation5,806,4485,563,401(243,047)-4.2%

Total Expenses$ 136,766,742$ 145,382,589$ 8,615,8466.3%

Excess/(Deficiency)


calc check- 0- 0

Dental Clinics

Dental Clinics -



20192020


Revenues:

Tuition & Fees $ 36,000$ 36,000$ - 00.0%



Auxiliary Services27,83030,7152,88510.4%


Net Patient Care Revenue10,474,92410,009,164(465,760)-4.4%


Gift & Endowment Income2,7701,385(1,385)-50.0%

Contractual & Other Income272,218284,72712,5094.6%



Internal Income24,56824,568- 00.0%

Total Revenue$ 10,838,311$ 10,386,559$ (451,751)-4.2%

Expenses:

Salary Expense$ 5,180,976$ 4,933,458$ (247,519)-4.8%

Fringe Benefits3,606,2703,904,153297,8838.3%





Utilities8,5378,537- 00.0%

Outside & Other Purchased Serv963,018670,494(292,524)-30.4%

Insurance194,472194,472- 00.0%

Repair and Maintenance22,75630,2567,50033.0%

Drugs7,2427,242- 00.0%

Medical Supplies2,831,4793,073,217241,7388.5%

Other Expenses 114,343112,568(1,775)-1.6%




Depreciation347,212285,891(61,321)-17.7%

Total Expenses$ 15,325,763$ 15,573,155$ 247,3921.6%

Excess/(Deficiency)

of Revenues over Expenses$ (4,487,452)$ (5,186,596)$ (699,144)15.6%

calc check- 0- 0

Finance Corp

88 - Finance Corporation



20192020


Revenues:

Tuition & Fees $ - 0$ - 0$ - 0-



Auxiliary Services(108,411)47,406155,817-143.7%




Gift & Endowment Income- 0- 0- 0-

Contractual & Other Income28,988,6837,244,342(21,744,341)-75.0%



Internal Income15,998,69715,996,082(2,615)-0.0%

Total Revenue$ 44,878,969$ 23,287,830$ (21,591,139)-48.1%

Expenses:

Salary Expense$ - 0$ - 0$ - 0-

Fringe Benefits- 0- 0- 0-

Internal Contractual Support4,796,1021,268,218(3,527,884)-73.6%




Utilities- 0- 0- 0-

Outside & Other Purchased Serv463,305132,567(330,738)-71.4%

Insurance- 0- 0- 0-

Repair and Maintenance- 0- 0- 0-

Drugs21,425,6915,237,707(16,187,984)-75.6%

Medical Supplies154,92938,732(116,197)-75.0%

Other Expenses 31,5907,898(23,692)-75.0%



Debt Service9,559,0929,236,576(322,516)-3.4%

Depreciation7,889,0447,579,587(309,457)-3.9%

Total Expenses$ 44,852,959$ 23,601,285$ (21,251,674)-47.4%

Excess/(Deficiency)

of Revenues over Expenses$ 26,010$ (313,455)$ (339,465)-1305.1%

calc check- 0- 0

Financial overview chart

Original Projection w/o InterventionFinal Budget and Proposed FY20Actuals/Forecast FY19

FY15($25.9)($12.5)($2.9)

FY16($40.0)($15.9)($12.6)

FY17($48.1)($15.9)($15.4)

FY18($59.4)($18.4)($9.9)

FY19($40.5)($18.2)($18.2)

FY20($50.9)($17.7)

was $47.4M loss which was the orig projection (per Dr. Andy make it the same as Budge Proposed for Presentation

DRAFT

Original Projection w/o Intervention

FY15FY16FY17FY18FY19FY20-25.9-40-48.1-59.4-40.5-50.9Final Budget and Proposed FY20

FY15FY16FY17FY18FY19FY20-12.5-15.9-15.9-18.399999999999999-18.2-17.7Actuals/Forecast FY19

FY15FY16FY17FY18FY19FY20-2.9-12.6-15.4-9.9-18.2

$10.6M Reduction in Capital Spending

Key Drivers: Salary Increases Fringe Benefits Increases Change in Dermatology Operations DOC Pharmacy Contract

FB Diff - JDH and UMG combined

Clincial Enterprise (JDH and UMG) vs CHA fringe

JDHFYSalary $ perAuditCHA rateClinical rateRate DiffTotal cost DifferenceIn MillionsActual total FringeUMG - 6A - Salary Expense200959,827,606JDH-Hospital - 6A - Salary Expense93,580,336

200993,580,33627.14%41.20%14.06%13,157,395.2413.238,555,098.43UMG - 6A - Salary Expense201051,816,684JDH-Hospital - 6A - Salary Expense88,764,151










2019139,173,49027.75%69.25%41.50%57,756,742.9857.896,373,862.71Used TM1 FY19 Budget dated 1/25/2019UMG - 6A - Salary Expense2020101,563,130JDH-Hospital - 6A - Salary Expense152,298,230

2020152,298,23028.70%77.31%48.61%74,028,425.9974.0117,738,018.00Per FY20 Proposed Budget as of 5-14-2019

UMG - 6B - Fringe Benefits(FS) - 200917,976,286JDH-Hospital - 6B - Fringe Benefits(FS) - 38,555,098

UMG - 6B - Fringe Benefits(FS) - 201018,885,312JDH-Hospital - 6B - Fringe Benefits(FS) - 38,825,799

UMGFYSalary $ perAuditCHA rateClinical rateRate DiffTotal cost DifferenceIn MillionsActual total FringeUMG - 6B - Fringe Benefits(FS) - 201118,692,722JDH-Hospital - 6B - Fringe Benefits(FS) - 42,155,396

200959,827,60627.14%30.05%2.91%1,739,073.731.717,976,286.00UMG - 6B - Fringe Benefits(FS) - 201219,380,480JDH-Hospital - 6B - Fringe Benefits(FS) - 46,035,129









201885,982,46027.20%48.63%21.42%18,420,632.4018.441,810,785.00

201992,565,76527.75%51.96%24.21%22,407,952.7122.448,092,608.72

2020101,563,13028.70%60.11%31.41%31,905,720.6931.961,054,339.00Pull from TM1 and adjusted per f/s - fb less GASB 68

UMG - fb rate200930.0%JDH-Hospital - fb rate41.2%


TotalFYSalary $ perAuditCHA rateClinical rateRate DiffTotal cost DifferenceIn MillionsActual total FringeUMG - fb rate201134.7%JDH-Hospital - fb rate44.1%

2009153,407,94227.14%36.85%9.71%14,896,468.9714.956,531,384UMG - fb rate201234.3%JDH-Hospital - fb rate43.4%

2010140,580,83529.54%41.05%11.51%16,183,532.3416.257,711,111.00UMG - fb rate201336.7%JDH-Hospital - fb rate46.1%








2018224,281,05827.20%57.53%30.32%68,012,611.0068.0129,024,684.33

2019231,739,25527.75%62.34%34.59%80,164,695.6980.2144,466,471.42

2020253,861,36028.70%70.43%41.73%105,934,146.68105.9178,792,357.00

= Actual

=Budget

=Projection

Updated 9-20-10 for 2009 CHA Data

Updated 12-1-11 for 2010 CHA Data (from W. Thorpe)


Updated 4-22-14 for 2012 CHA Data (from CHA)





CHA rate is the average rate of the prior 3 years

FY09FY10FY11FY12FY13FY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget

Connecticut Hospital Association27.14%29.54%30.14%31.08%30.61%28.80%28.79%28.13%26.67%27.20%27.75%28.70%

JDH and UMG36.85%41.05%40.69%40.25%42.60%49.07%50.10%52.30%59.10%57.53%62.34%70.43%

-7385.5%Clincial portion of Unfunded Liability

-12533.6%Total Unfunded Liability

58.9%Portion of clinical Unfunded liability

33.2Additional State Support for FY20

19.56clinical portion of Additional State Support

13.5Fringe Differential

19.6Additional State Support (clinical Portion)

106.0total variance

72.9Gap

Connecticut Hospital Association

FY09FY10FY11FY12FY13FY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget0.271399999999999970.29540.30140.310800000000000020.306099999999999980.287999999999999980.287899999999999990.281299999999999990.266699999999999990.2720340.277474680000000030.28699999999999998JDH and UMG

FY09FY10FY11FY12FY13FY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget0.368503636089453520.410519051192148650.406930111761378280.402537289929149670.425992914430756710.490713858089749430.500990177782150490.522993431639256820.590999999999999970.575281236322686350.623400947647159920.70429133839037183

$106M

SERS breakdown

Full Retirement SERS RateNormal/Current portion of Retirement SERS Rate

SERS Regular Retirement Rate ComponentsFY 2019ExpenseRateExpenseRate

% of total rateRate %Unfunded Liability33.61%54.56%Unfunded Liab and Retiree HealthSalary100,000Salary100,000

Employer Contributions for Retirement (Actuary's Report) - Normal Cost144,114,682(A)8.17%5.251%Retiree Health Insurance Costs 20.94%Medicare1,4501.45%Medicare1,4501.45%

Employer Contributions for Retirement (Actuary's Report) - Unfunded Liability922,467,441(B)52.28%33.614%Normal/Current Retiree Costs5.30%9.74%Normal/Current CostsFica6,2006.20%Fica6,2006.20%

SERS - Tier 4 Defined Contribution - Employer1,279,6020.07%0.047%Other Post Employment Benefit (OPEB)2.85%SERS Retirement Regular64,30064.30%SERS Retirement Regular9,7389.74%

Retiree Health Insurance Costs (SERS Regular)574,788,55832.58%20.945%Administration Costs0.37%Family Insurance30,00030.00%Family Insurance30,00030.00%

Other Post Employment Benefit (OPEB) - State Contribution78,337,200New4.44%2.855%Roll-Forward and Other Adjustments1.22%Total Fringe Cost101,950101.95%Total Fringe Cost47,38847.39%

Retirement Administration Costs - SERS Regular10,171,2450.58%0.371%64.30%Total Salary and FB201,950Total Salary and FB147,388

Roll-Forward and Other Adjustments33,343,4371.89%1.215%

100.0%64.30%Variance in Expense54,562

Total SERS Regular Cost Pool1,764,502,165

Projected Salary Base for SERS Regular Actives2,744,285,280

SERS Regular Retirement Rate (Cost Pool/Salary Base)64.30%

ARP retirement Plan

FY 2019% of total rateRate %

Retiree Health Insurance Costs (ARP)26,318,20926.69%3.94%

Gross Proposed Budgeted Amount - ARP Retirement52,400,00053.13%7.84%

Other Post Employment Benefit (OPEB) - State Contribution17,475,60017.72%2.61%

Retirement Administration Costs - ARP499,7020.51%0.07%

Roll-Forward and Other Adjustments1,929,9301.96%0.29%

100.00%14.75%

Total ARP Retirement Cost Pool98,623,442

Projected Salary Base for ARP Actives - FY 2018668,554,395

ARP Retirement Rate (Cost Pool/Salary Base)14.75%

SERS Hazardous Duty Retirement Rate ComponentsFY 2019

Employer Contributions for Retirement (Actuary's Report) - Normal Cost101,590,318(C)

Employer Contributions for Retirement (Actuary's Report) - Unfunded Liability406,364,559(D)

SERS - Tier 4 Defined Contribution - Employer223,398

Retiree Health Insurance Costs (SERS Hazardous Duty)98,283,958

Other Post Employment Benefit (OPEB) - State Contribution22,090,800

Retirement Administration Costs - SERS Hazardous Duty4,844,009

Roll-Forward and Other Adjustments32,366,515

Total SERS Hazardous Duty Cost Pool665,763,557

Projected Salary Base for SERS Hazardous Duty Actives752,546,324

SERS Hazardous Duty Retirement Rate (Cost Pool/Salary Base)88.47%

Gross SERS Employer Contribution (A)+(B)+(C)+(D)1,574,537,000

Retiree Health Allocations

SERS Regular574,788,558

SERS Hazardous Duty98,283,958

Alternative Retirement Program (ARP)26,318,209

Judges1,504,708

All Others8,203,566

Total709,099,000

Other Post Employment Benefit (OPEB) Contributions

SERS Regular78,337,200

SERS Hazardous Duty22,090,800

Alternative Retirement Program (ARP)17,475,600

Judges' Retirement949,200

Teachers Retirement784,800

All Others362,400

Total120,000,000

SERS - Tier 4 Defined Contribution - Employer1,503,000

FB Diff - JDHUMG wo unfunded

Clincial Enterprise (JDH and UMG) vs CHA fringe

combined totals

JDHFYSalary $ perAuditCHA rateClinical rateRate DiffTotal cost DifferenceIn MillionsActual total FringeUMG - 6A - Salary Expense200959,827,606JDH-Hospital - 6A - Salary Expense93,580,336

200993,580,33627.14%41.20%14.06%13,157,395.2413.238,555,098.43UMG - 6A - Salary Expense201051,816,684JDH-Hospital - 6A - Salary Expense88,764,151140,580,835SERSUnfunded Liability Component of Fringesers ratesunfunded liab portion

201088,764,15129.54%43.74%14.20%12,604,868.7912.638,825,799.00UMG - 6A - Salary Expense201153,898,323JDH-Hospital - 6A - Salary Expense95,631,329149,529,652Fiscal YearRegular DutyRetiree Health

201195,631,32930.14%44.08%13.94%13,332,113.4413.342,155,396.00UMG - 6A - Salary Expense201256,460,906JDH-Hospital - 6A - Salary Expense106,047,292162,508,198FY1349.47%46.01%22.76%






2017177,422,90826.67%59.10%32.43%57,538,249.0657.569,117,086.00UMG - 6A - Salary Expense201885,982,460JDH-Hospital - 6A - Salary Expense138,298,598224,281,058FY1952.28%32.58%64.30%33.62%

2018138,298,59827.20%63.06%35.86%49,591,978.6049.687,213,899.33UMG - 6A - Salary Expense201992,565,765JDH-Hospital - 6A - Salary Expense139,173,490231,739,255

2019139,173,49027.75%69.25%41.50%57,756,742.9857.896,373,862.71Used TM1 FY19 Budget dated 1/25/2019UMG - 6A - Salary Expense2020101,563,130JDH-Hospital - 6A - Salary Expense152,298,230253,861,360

2020152,298,23028.70%77.31%48.61%74,028,425.9974.0117,738,018.00Per FY20 Proposed Budget as of 5-14-2019

UMG - 6B - Fringe Benefits(FS) - 200917,976,286JDH-Hospital - 6B - Fringe Benefits(FS) - 38,555,09856,531,38423,351,77233,179,613ERROR:#DIV/0!

UMG - 6B - Fringe Benefits(FS) - 201018,885,312JDH-Hospital - 6B - Fringe Benefits(FS) - 38,825,79957,711,11123,839,08933,872,02224.1%41.1%

UMGFYSalary $ perAuditCHA rateClinical rateRate DiffTotal cost DifferenceIn MillionsActual total FringeUMG - 6B - Fringe Benefits(FS) - 201118,692,722JDH-Hospital - 6B - Fringe Benefits(FS) - 42,155,39660,848,11825,134,91235,713,20623.9%40.7%

200959,827,60627.14%30.05%2.91%1,739,073.731.717,976,286.00UMG - 6B - Fringe Benefits(FS) - 201219,380,480JDH-Hospital - 6B - Fringe Benefits(FS) - 46,035,12965,415,60927,021,63438,393,97623.6%40.3%









201885,982,46027.20%48.63%21.42%18,420,632.4018.441,810,785.00

201992,565,76527.75%51.96%24.21%22,407,952.7122.448,092,608.72

2020101,563,13028.70%60.11%31.41%31,905,720.6931.961,054,339.00Pull from TM1 and adjusted per f/s - fb less GASB 68



TotalFYSalary $ perAuditCHA rateClinical rateRate DiffTotal cost DifferenceIn MillionsActual total FringeUMG - fb rate201134.7%JDH-Hospital - fb rate44.1%

2009153,407,94227.14%36.85%9.71%14,896,468.9714.956,531,384UMG - fb rate201234.3%JDH-Hospital - fb rate43.4%









2018224,281,05827.20%57.53%30.32%68,012,611.0068.0129,024,684.33

2019231,739,25527.75%62.34%34.59%80,164,695.6980.2144,466,471.42

2020253,861,36028.70%70.43%41.73%105,934,146.68105.9178,792,357.00

= Actual

=Budget

=Projection

Updated 9-20-10 for 2009 CHA Data








CHA rate is the average rate of the prior 3 years

FY09FY10FY11FY12FY13FY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget

Connecticut Hospital Association27.14%29.54%30.14%31.08%30.61%28.80%28.79%28.13%26.67%27.20%27.75%28.70%28.8%29.4%30.7%24.1%33.8%36.6%41.3%

JDH and UMG36.85%41.05%40.69%40.25%42.60%49.07%50.10%52.30%59.10%57.53%62.34%70.43%

Without Unfunded Liabilities28.80%29.40%30.70%32.10%33.76%36.59%41.34%

adjusted to 32.10 from 24.1 not sure why a drop in fringe smoothed out variance

Connecticut Hospital Association

FY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget0.287999999999999980.287899999999999990.281299999999999990.266699999999999990.2720340.277474680000000030.28699999999999998JDH and UMG

FY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget0.490713858089749430.500990177782150490.522993431639256820.590999999999999970.575281236322686350.623400947647159920.70429133839037183Without Unfunded LiabilitiesFY14FY15FY16FY17 FY18 FY19 BudgetFY20 Proposed Budget0.288011623858466070.294043040076093780.306957272615245360.321000000000000010.337646227668384590.365888829685194710.41336532216329652

$32M

NEWBudgetvsCYActuals

FY2019FY2020FY2019FY2020

Operating Revenue and Expense ($M)ForecastProposed BudgetForecastProposed BudgetVariance% Variance

State Support Salary122,757,678128,230,785$ 122.8$ 128.2$ 5.54.5%Increase in State Funding for CBI's

State Support Fringe67,123,58663,385,73263.163.40.30.4%Increased fringe reimbursement (includes SAG impact)4.0 M decrease in state support for Forecast FY19

Tuition and Fees27,397,23228,602,50727.428.61.24.4%Tuition rate increase per BOT approval

Grants & Contracts84,765,73491,117,36584.891.16.47.5%Increase in Grant spending

Interns/Residents69,448,62873,137,67869.473.13.75.3%Increase offset by program expenses noted below

Net Patient Revenue542,814,317568,056,525542.8568.125.24.7%1% rate increase and increase in DSS Enhanced Payments

Other Revenue195,376,135169,228,057195.4169.2(26.2)-13.4%DOC Pharmacy Contractplug rounding difference .01 in other revenue

Total Operating Revenue1,109,683,3101,121,758,649$ 1,105.7$ 1,121.7$ 16.1

Research and Restricted Funds23,723,2478,264,00023.728.3(15.46)-65.2%EPIC project funds in FY19internal income and internal expense are included in this P&L - no eliminations in presentation

Total Current Funds Revenues$ 1,133,406,557$ 1,130,022,649$ 1,129.41$ 1,130.0$ 0.61

Personal Services419,006,331443,426,423$ 419.0$ 443.4$ 24.45.8%CBI Increase

Fringe Benefits159,034,879180,759,511159.0180.821.713.7%Fringe rate increase; SAG award impact; CBI increases

Drugs/Medical Supplies125,976,084112,761,995126.0112.8(13.2)-10.5%DOC Pharmacy Contract

Other Expenses350,438,812352,859,847350.4352.92.40.7%

Depreciation30,362,55928,125,68530.428.1(2.2)-7.4%Higher debt service payments; less available for projects

Total Operating Expenses1,084,818,6631,117,933,462$ 1,084.8$ 1,117.9$ 33.1

Research and Restricted Funds23,723,2478,264,00023.728.3(15.46)-65.2%EPIC project funds in FY19

Total Current funds Expenditures$ 1,108,541,910$ 1,126,197,462$ 1,108.54$ 1,126.2$ 17.66

Operating Margin24,864,6463,825,187$ 20.9$ 3.8$ (17.0)

Unfunded SERS Pension & Retiree Health Payments & Revenues

Unfunded SERS Pension and Retiree Health Costs(101,045,192)(125,336,209)$ (101.0)$ (125.3)$ (24.3)

Less amount of Unfunded SERS Pension and Retiree Health Costs funded by the State57,959,52270,639,48862.070.68.74.0 M increase in state support for Forecast FY19

Additional State Support for FY2020- 033,200,000- 033.233.2100.0%Additional State support for Unfunded Liabilities

Net UCH non-state fund payments for Unfunded Pension and Retiree Health Costs(43,085,670)(21,496,722)$ (39.1)$ (21.5)$ 17.6

Excess/(Deficiency)(18,221,024)(17,671,535)$ (18.2)$ (17.7)$ 0.5

Cash Flow

Transfer for Capital/Debt Service$ 30.4$ 28.1$ (2.2)

Principal Payment on Debt(7.0)(8.5)(1.5)

Capital Equipment/Projects(5.1)(9.0)(3.9)

Non-Operating Gain/(Loss)$ 18.2$ 10.6$ (7.6)

Total UCH Cash Excess/Shortfall$ 0.0$ (7.1)$ (7.1)

State support revenue is net of Unfunded portion

Fringe Benefit Expense is net of Unfunded portion

Workers comp claims are included in fringe expense

NEWBudget(Spending version)

FY2019FY2020FY2019FY2020

($M)ForecastProposed BudgetForecastProposed BudgetVariance

State Support Salary122,757,678128,230,785122.76$ 128.25.47

State Support Fringe125,083,108134,025,220125.08134.08.94

Additional State Support- 033,200,000- 033.2

Total State Support247,840,786295,456,005$ 247.84$ 295.46$ 14.42

Tuition and Fees27,397,23228,602,50727.4028.61.21

Grants and Contracts84,765,73491,117,36584.7791.16.35

Interns and Residents69,448,62873,137,67869.4573.13.69

Net Patient Revenue542,814,317568,056,525542.81568.125.24

Other Revenue195,376,135169,228,057195.38169.2(26.16)plug rounding difference .01 in other revenue

Total Operating Fund$ 1,167,642,832$ 1,225,598,137$ 1,167.64$ 1,225.6$ 24.75

Research and Restricted Funds23,723,2478,264,00023.728.3(15.46)


Salary and Wages419,006,331443,426,423419.01443.424.42

Fringe Benefits260,080,071306,095,721260.08306.146.02

Drugs and Medical Supplies125,976,084112,761,995125.98112.8(13.21)

Other Expenses350,438,812352,859,847350.44352.92.42

Debt Service and Projects12,140,00017,500,00012.1417.55.36


Research and Restricted Funds23,723,2478,264,00023.728.3(15.46)


Net Gain/(Loss)1,535(7,045,849)0.00(7.1)(40.26)

Revenue Chart NEW budget

Revenues

State Block Grant128.2

Fringe Benefits & Adjustments134.0

Additional State Support33.2

Total State Support$ 295.5Per Jeff/Dr. Andy for Pie chart remove the internal income

Tuition and Fees28.6Internal income

Grants and Contracts91.193,476,493.23

Interns and Residents73.1all the other slides has the internal transactions included

Net Patient Revenue568.1

Other Revenue75.7

Total Operating Fund$ 1,132.1Also do not include the Revenue breakdown grid

Research and Restricted Funds8.3

Total Current Funds Revenues$ 1,140.493.476493234

State Block Grant128.23

Fringe Benefits & Adjustments134.03

Additional State Support33.20

Tuition and Fees28.60

Grants and Contracts91.12

Interns and Residents73.14

Net Patient Revenue568.06

Other Revenue75.74


&P

State Block GrantFringe Benefits & AdjustmentsAdditional State SupportTuition and FeesGrants and ContractsInterns and ResidentsNet Patient RevenueOther RevenueResearch and Restricted Funds128.23078500000005134.0252197294000233.20000000000000328.60250699000000291.11736457665699673.137678468999994568.0565245440001375.7415641733430228.2639999999999993

Expense Chart NEW budget

Expenditures

Salary and Wages443.4

Fringe Benefits306.1

Drugs and Medical Supplies112.8

Other Expenses259.4Per Jeff/Dr. Andy for Pie chart remove the internal income

Debt Service and Projects17.5Internal exp

Total Operating Fund$ 1,139.293,476,493.24

all the other slides has the internal transactions included


Total Current funds Expenditures$ 1,147.4Also do not include the Revenue breakdown grid

93.4764932381

Salary and Wages$ 443.43

Fringe Benefits306.10

Drugs and Medical Supplies112.76

Other Expenses259.38

Debt Service and Projects17.50


Normal/Current Costs180.859.1%

Unfunded Liab and Retiree Health125.340.9%

Total Fringe306.1

&P

Salary and WagesFringe BenefitsDrugs and Medical SuppliesOther ExpensesDebt Service and ProjectsResearch and Restricted Funds443.42642336402986306.0957205893414112.76199533741698259.3833533851083617.58.2639999999999993

Normal/Current CostsUnfunded Liab and Retiree Health180.8125.3

FY19vsNEWBudget(Spending)

FY2019FY2020FY2019FY2020

($M)ForecastProposed BudgetForecastProposed BudgetVariance

State Support Salary122,757,678128,230,785122.76$ 128.2$ 5.5Increase in State Funding for CBI's

State Support Fringe125,083,108134,025,220125.08134.08.9Increased fringe reimbursement (includes SAG impact)

Additional State Support- 033,200,000- 033.233.2Additional State support for Unfunded Liabilities

Total State Support247,840,786295,456,005$ 247.84$ 295.46$ 47.62

Tuition and Fees27,397,23228,602,50727.4028.61.2Tuition rate increase per BOT approval

Grants and Contracts84,765,73491,117,36584.7791.16.4Increase in Grant spending

Interns and Residents69,448,62873,137,67869.4573.13.7Increase offset by program expenses noted below

Net Patient Revenue542,814,317568,056,525542.81568.125.21% rate increase and increase in DSS Enhanced Payments

Other Revenue195,376,135169,228,057195.38169.2(26.2)DOC Pharmacy Contractplug rounding difference .01 in other revenue


Research and Restricted Funds23,723,2478,264,00023.728.3(15.5)EPIC project funds in FY19


Salary and Wages419,006,331443,426,423419.01443.424.4CBI Increase

Fringe Benefits260,080,071306,095,721260.08306.146.0Fringe rate increase; SAG award impact; CBI increases

Drugs and Medical Supplies125,976,084112,761,995125.98112.8(13.2)DOC Pharmacy Contract

Other Expenses350,438,812352,859,847350.44352.92.4

Debt Service and Projects12,140,00017,500,00012.1417.55.4Higher debt service payments; less available for projects


Research and Restricted Funds23,723,2478,264,00023.728.3(15.5)EPIC project expenditures in FY19


Net Gain/(Loss)1,535(7,045,849)0.00(7.1)(7.1)

FY20 Clinical Budget

UMG and JDH

FY2019FY2020FY2019FY2020

Operating Revenue and ExpenseForecastProposed BudgetForecastProposed BudgetVariance

State Support Salary- 0$ - 0$ - 0$ - 0Increase in State Funding for CBI's

State Support Fringe (includes FB Differential)- 0- 0- 0

Tuition and Fees- 0- 0- 0

Grants & Contracts- 0- 0- 0

Interns/Residents- 0- 0- 0

Net Patient Revenue532,339,393558,047,360532.3558.025.71% rate increase and increase in DSS Enhanced Payments

Other Revenue56,124,99551,972,78956.152.0(4.2)

Total Operating Revenue588,464,388610,020,149$ 588.5$ 610.0$ 21.6

Personal Services237,784,086253,861,360$ 237.8$ 253.9$ 16.1CBI Increase


Drugs/Medical Supplies93,831,70296,188,60293.896.22.4Increase due to volume

Other Expenses149,048,970151,076,176149.0151.12.0

Depreciation7,898,1846,675,8627.96.7(1.2)

Total Operating Expenses578,303,782612,739,484$ 578.3$ 612.7$ 34.4

Operating Margin10,160,606(2,719,335)$ 10.2$ (2.7)$ (12.9)

Unfunded SERS Pension & Retiree Health Payments

Unfunded SERS Pension and Retiree Health Costs(59,204,682)(73,854,874)$ (59.2)$ (73.9)$ (14.7)

Less amount of Unfunded SERS Pension and Retiree Health Costs funded by the State- 0- 0- 0

Net UCH non-state fund payments for Unfunded Pension and Retiree Health Costs(73,854,874)$ (59.2)$ (73.9)

Excess/(Deficiency)(49,044,076)(76,574,209)$ (49.1)$ (76.6)$ (12.9)(76,574,209)(76,574,209)

253,861,360

178,792,35770.4%overall fb rate with unfunded liab and retiree health

72,858,21028.7%cha average rate

105,934,147increase in cost to UCH

104,937,48341.3%overall fb rate without unfunded liab and retiree health

72,858,21028.7%cha average rate

32,079,273increase in cost to UCH

FY20 Academic_Res Budget

SOM/SODM/Dental Clinics/Research

FY2019FY2020FY2019FY2020

Operating Revenue and ExpenseForecastProposed BudgetForecastProposed BudgetVariance

State Support Salary- 0$ - 0$ - 0$ - 0

State Support Fringe- 0- 0- 0

Tuition and Fees27,328,48228,533,75727.328.51.2Tuition rate increase per BOT approval

Grants & Contracts84,765,73491,117,36584.891.16.4Increase in Grant spending

Interns/Residents68,886,68772,575,73768.972.63.7Increase offset by program expenses noted below

Net Patient Revenue10,474,92410,009,16410.510.0(0.5)Dental Clinics remains flat

Other Revenue50,995,11652,872,86751.052.91.9

Total Operating Revenue242,450,943255,108,890$ 242.4$ 255.1$ 12.7255,108,890rev check- 0

Personal Services131,547,061139,499,167$ 131.5$ 139.58.0CBI Increase


Drugs/Medical Supplies9,960,95910,708,30110.010.70.7

Other Expenses139,330,566141,151,480139.3141.21.8

Depreciation8,768,8828,306,8358.88.3(0.5)

Total Operating Expenses332,539,243345,280,947$ 332.5$ 345.3$ 12.7383,690,493exp check(38,409,546)

Operating Margin(90,088,300)(90,172,057)$ (90.1)$ (90.2)$ (0.1)


Unfunded SERS Pension and Retiree Health Costs(28,323,360)(38,409,546)$ (28.3)$ (38.4)(10.1)



(128,581,603)(128,581,603)- 0

Excess/(Deficiency)(118,411,661)(128,581,603)$ (118.4)$ (128.6)$ (0.1)

FY20 CAS and FC Budget

CAS/Finance Corp

FY2019FY2020FY2019FY2020

Operating Revenue and ExpenseForecastProposed BudgetForecastProposed BudgetVarianceadd three slidesuch overall

State Support Salary- 0- 0$ - 0$ - 0$ - 0

State Support Fringe- 0- 0- 0- 0

Tuition and Fees27.33- 00.0- 0(0.0)

Grants & Contracts84.77- 00.0- 0(0.0)

Interns/Residents68.89- 00.0- 0(0.0)

Net Patient Revenue10.47- 00.0- 0(0.0)

Other Revenue88,886,71565,013,09388.965.0(23.9)DOC Pharmacy Contract

Total Operating Revenue88,886,90765,013,093$ 88.9$ 65.0$ (23.9)

Personal Services49,675,18450,065,896$ 49.7$ 50.10.4CBI Increase offset by DOC Pharmacy Contract


Drugs/Medical Supplies22,183,4235,865,09222.25.9(16.3)DOC Pharmacy Contract

Other Expenses62,059,27560,632,19162.160.6(1.4)

Depreciation13,695,49313,142,98813.713.1(0.6)

Total Operating Expenses168,102,452155,912,084$ 168.1$ 155.9$ (12.2)

Operating Margin(79,215,545)(90,898,992)$ (79.2)$ (90.9)$ (11.7)


Unfunded SERS Pension and Retiree Health Costs(13,517,249)(13,071,789)$ (13.5)$ (13.1)0.4



Excess/(Deficiency)(92,732,795)(103,970,781)$ (92.7)$ (104.0)$ (11.7)(103,970,781)(103,970,781)-

FY19(260,188,531)(260,188,723)(191)

FY20(309,126,593)(309,126,593)- 0

JDH Stats 1

John Dempsey Hospital

Statistical Graphs (Excludes NICU)

FY17FY182019 Forecast2020 Proposed Budget

Patient Days38,33942,30844,05744,400

10.35%4.13%0.78%

Outpatient Equivalents17,43317,69617,75317,464

1.51%0.32%-1.63%

Discharges9,24010,10510,25810,486

9.36%1.51%2.22%

Average Length of Stay4.24.14.34.2

-2.38%4.88%-2.33%

&P

Make sure to review all stats in previous years - DO NOT include dental clinics - these numbers are including them

Patient Days

FY17FY182019 Forecast2020 Proposed Budget38339423084405744400

Outpatient Equivalents


Discharges


Average Length of Stay

FY17FY182019 Forecast2020 Proposed Budget4.24.09999999999999964.34.2

JDH Stats 2

John Dempsey Hospital

Statistical Graphs (Excludes NICU)


Surgical Cases

Main5,2625,6986,0456,3475.00%

FSC5,2975,9546,5616,8895.00%

Emergency Department Visits34,19935,93535,67836,600

5.08%-0.72%2.58%

Payor Mix by Discharge

Commercial28%29%26%26%

Medicaid25%25%29%29%

Medicare44%44%44%44%

Other3%2%1%1%

100%100%100%100%

Days in Accounts Receivable45.044.065.042.0

-2.22%47.73%-35.38%

&P

Surgical Cases

Main

FY17FY182019 Forecast2020 Proposed Budget5262569860456347 FSC


Emergency Department Visits


Payor Mix by Discharges

Payor Mix by Discharge

FY17FY182019 Forecast2020 Proposed Budget0000Commercial

FY17FY182019 Forecast2020 Proposed Budget0.280000000000000030.289999999999999980.260.26Medicaid

FY17FY182019 Forecast2020 Proposed Budget0.250.250.289999999999999980.28999999999999998Medicare

FY17FY182019 Forecast2020 Proposed Budget0.440.440.440.44Other


Days in Accounts Receivable


UMG Stats 1

UConn Medical Group

Statistical Graphs


Physician RVU's1,054,5341,084,2891,151,6341,160,425

2.82%6.21%0.76%

Encounters673,334684,219704,169709,488

Anesth16,48617,21017,24216,014

Enc Less Ane656,848667,009686,927693,474

RVU per Enc1.611.631.681.67

Net rev per enc121.64129.81142.85155.0112.168,430,087.50

Expense Per RVU146.31150.13150.31168.3418.03

2.61%0.12%12.00%20,927,585.63

Net Revenue Per RVU77.6781.9187.3594.77

5.47%6.63%8.50%

Days in Accounts Receivable41424544

Net Revenue81,904,48988,818,725109,627,184118,503,820

Anesthesiology8,083,2889,033,1149,034,8078,526,852

Net Rev less Anesth73,821,20179,785,611100,592,377109,976,9689,384,592

Other Revenue12,933,06113,034,24114,562,0459,793,605

Expenses166,090,519175,393,784187,061,968209,016,148

Anesthesiology Exps11,801,38712,610,31713,960,36413,665,587

Expenses less Aneth154,289,132162,783,467173,101,604195,350,56122,248,957

Bottom Line(63,169,681)(64,507,704)(62,872,739)(80,718,723)

&P

Physician RVU'sFY17FY182019 Forecast2020 Proposed Budget1054534108428911516341160425

Expense Per RVU


Net Revenue Per RVUFY17FY182019 Forecast2020 Proposed Budget77.66889355867141481.91425441003275487.34752250647079694.773008552900947

Days in Accounts ReceivableFY17FY182019 Forecast2020 Proposed Budget41424544

UMG Stats 2

UConn Medical Group

Statistical Graphs


Commercial42%40%39%37%

Medicaid18%19%20%21%

Medicare34%35%35%36%

Other6%6%6%6%

100%100%100%100%

Encounters (Excludes Anesthesiology)656,848667,009686,927693,474

1.55%2.99%0.95%

&P

Payor Mix by Gross Charges (Excludes Anesthesiology)

CommercialFY17FY182019 Forecast2020 Proposed Budget0.420.40.390.37MedicaidFY17FY182019 Forecast2020 Proposed Budget0.180.190.20.21MedicareFY17FY182019 Forecast2020 Proposed Budget0.340.350.350.36OtherFY17FY182019 Forecast2020 Proposed Budget0.060.060.060.06

Encounters (Excludes Anesthesiology)

Encounters (Excludes Anesthesiology)FY17FY182019 Forecast2020 Proposed Budget656848667009686927693474

Actual Current year

CUBE:uchc_prd:Income_Statement

PeriodTotal Fiscal Year

Fiscal_Year2019

VersionForecastActualsManual Cell entry

Organization1 - UCHC

ActivityActivity All Plus Offset -

ProgramAll Programs -

MeasureAmount

Per Jeff, remove eliminating Entries for Presentation


SOM FUNDS - SODM FUNDS - RESEARCH FUNDS - CMHC FUNDS - INSTITUTIONAL SUPPORT - UMG - Dental Clinics - JDH-Hospital - 88 - Finance CorporationAll Funds-FS - Eliminating EntriesConsolidated UCHCSERS portion is based on Larry's unfunded liability worksheet * FB for each BU

ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastFY19 per unfunded liab reportFY20 per unfunded liab report-JDH AND UMG ONLYFY20 per unfunded liab report-SOM/SODM/RES/CLINICSFY20 per unfunded liab report-CAS/FC

DebitCredit46.84%52.28%32.58%46.84%52.28%32.58%46.84%52.28%32.58%46.84%52.28%32.58%

2019201920192019201920192019201920192019201920192019TOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree HealthTOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree HealthTOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree HealthTOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree Health

5AB - Tuition & Fees - 18,367,8298,924,653--68,750-36,000--27,397,23227,397,232

5C - Federal Grant Revenue--56,591,932------56,591,93256,591,932

5D - Non-Fed Research Grants & Contracts--28,173,802------28,173,80228,173,802

5E - Auxiliary Services4,418,2552,212,5843,267,693-5,569,644290,12027,8302,952,122(108,411)18,629,83818,629,838

5F - Int/Res Distribution68,886,687------561,941-69,448,62869,448,628

5G - Net Patient Care Revenue-----109,627,18410,474,924422,712,210

Danville,Lisa: Danville,Lisa:$2.5M reduction - estimated writeoffs to occur in FY19-542,814,317- 0542,814,317

5H - Correctional Managed Health Care----------- 0

5I - Gift & Endowment Income1,50026,0004,729,024-2,153-2,7701,305,038-6,066,4856,066,485

5J - Contractual & Other Income7,689-945,325-1,092,8634,204,457272,21833,971,95628,988,68369,483,19169,483,191

F&A Recoveries - --0------00

5L - Investment Income757410602,705-49,105----652,977652,977

5M - Internal Income27,332,314-7,123,473-37,225,23110,067,46824,5682,771,89215,998,697100,543,643- 0100,543,643

Total Revenue-FS - 119,015,03111,163,647101,433,955-44,007,746124,189,22910,838,311464,275,15944,878,969919,802,046- 0- 0919,802,046

6A - Salary Expense55,456,33014,555,87856,353,877049,675,18494,326,3425,180,976143,457,744-419,006,331419,006,331

6B - Fringe Benefits28,619,1589,316,72729,712,980-34,006,32747,939,0023,606,270101,006,520-254,206,984254,206,984119,067,88362,252,876.238,792,316101,045,19269,764,51936,475,402.022,729,28059,204,68233,375,15817,449,734.010,873,62628,323,36015,928,2068,327,839.85,189,41013,517,249

7A - Internal Contractual Support12,718,7412,256,8929,572,809(0)2,765,85013,965,9052,049,45752,173,6614,796,102100,299,417- 0

Danville,Lisa: internal contractual

Danville,Lisa: Danville,Lisa:$2.5M reduction - estimated writeoffs to occur in FY19100,299,417

7B - Medical/Dental House Staff53,433,616------2,456,423-55,890,03955,890,039

710 - Medical Contractual Support9,471,232-24,454--7,834,038-174,697-17,504,42217,504,422

715 - Temporary/Per Diem Staff45,576-29,500--1,280,462-4,822,951533,2056,711,6946,711,694

720 - Utilities3,664-3,648,032-5,759,202217,1408,5373,348,051-12,984,62512,984,625

Outside & Other Purchased Services - 7,874,278578,7048,222,495028,188,94910,635,243963,01836,843,598463,30593,769,591- 0

Danville,Lisa: most of charges being eliminated fall in outside & other purchased services this is the difference of all the items specifically identified93,769,591

730 - Insurance(FS) - 341,79354,553--173,997237,795194,4722,531,246-3,533,8563,533,856

735 - Repair and Maintenance78,0455,0001,047,145-5,512,685800,84122,7569,635,479-17,101,95217,101,952

750 - Drugs1,138-4,926-18,1535,641,8287,24240,228,048

Danville,Lisa: Danville,Lisa:$1.9M added for estimated spend in FY19 due to BD03 requests

Danville,Lisa: most of charges being eliminated fall in outside & other purchased services this is the difference of all the items specifically identified21,425,69167,327,02667,327,026

755 - Medical Supplies959,243455,9225,701,0090584,6502,165,9482,831,47945,795,877154,92958,649,05858,649,058

Other Expenses - 6,423,3242,411,3922,464,29304,275,297455,804114,3431,575,88531,59017,751,92817,751,928

7H - Grants Sub-Contracts535,000-14,687,972------15,222,97215,222,972

7I - Grants Close Out Exp Adj11,714-37,759------49,47349,473

770 - Debt Services-------59,7529,559,0929,618,8449,618,844

79601 - Depreciation Expense - Excl UC211,345,235292,0336,784,402-5,806,4481,561,620347,2126,336,5647,889,04430,362,55930,362,559

Total Expenses-FS - 177,318,08729,927,101138,291,6540136,766,742187,061,96715,325,763450,446,49744,852,9591,179,990,769- 0- 01,179,990,769

Net Income-FS - (58,303,056)(18,763,454)(36,857,699)(0)(92,758,997)(62,872,738)(4,487,452)13,828,66326,010(260,188,723)(260,188,723)

59901 - State Appropriation374,566---106,853,548----107,228,114107,228,114

59902 - In Kind Fringe Benefits--1,681,386-109,901,722----111,583,108111,583,10868,297,33835,708,25022,251,27357,959,52229,998,74315,684,4239,773,59025,458,01311,681,3056,107,4073,805,7699,913,17611,786,8736,162,6013,840,16310,002,765

59905 - GF Appropriation Rescission----------- 0

59906 - Fringe Differential Approp----13,500,000----13,500,00013,500,000

59908 - GF RIP Appropriation----------- 0

59909 - State Appropriation - Bioscience CT----11,204,792----11,204,79211,204,792

59911 - Bioscience CT Rescission----------- 0

59912 - Workers Compensation Appropriation----1,620,772704,000-2,000,000-4,324,7724,324,772

59913 - Workers Compensation Claims Exp----(1,110,465)(738,172)-(2,033,344)-(3,881,981)(3,881,981)

59914 - Transfer to State of CT Agencies----(1,991,106)----(1,991,106)(1,991,106)

59920 - In Kind Fringe - CMHC----------- 0

59921 - Fringe Expense - CMHC----------- 0

State Appropriations-FS - 374,566-1,681,386-239,979,263(34,172)-(33,344)-241,967,699241,967,699

Net Income(After Approp)-FS - (57,928,490)(18,763,454)(35,176,313)(0)147,220,266(62,906,910)(4,487,452)13,795,31926,010(18,221,024)(18,221,024)

Portion GF -per Unfunded liab report57.36%57.36%57.36%43.00%43.00%43.00%35.00%35.00%35.00%74.00%74.00%74.00%

per TM1 FY20 proposed budgetper TM1 FY20 proposed budgetper TM1 FY20 proposed budget

Budget NEW



Fiscal_Year2020

VersionBudget ProposedManual Cell entry




MeasureAmount



SOM FUNDS - SODM FUNDS - RESEARCH FUNDS - CMHC FUNDS - INSTITUTIONAL SUPPORT - UMG - Dental Clinics - JDH-Hospital - 88 - Finance CorporationAll Funds-FS - Eliminating EntriesConsolidated UCHCSERS portion was pulled from TM1 (JDH and UMG emps on SERS/Blended plan)SERS portion was pulled from TM1 ( emps on SERS/Blended plan)SERS portion was pulled from TM1 ( emps on SERS/Blended plan)

Budget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedBudget ProposedFY20 per unfunded liab reportFY20 per unfunded liab report-JDH AND UMG ONLYFY20 per unfunded liab report-SOM/SODM/RES/CLINICSFY20 per unfunded liab report-CAS/FC

DebitCredit48.89%52.28%32.58%per TM1 52.28%32.58%per TM1 52.28%32.58%per TM1 52.28%32.58%

2020202020202020202020202020202020202020202020202020TOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree HealthTOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree HealthTOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree HealthTOTAL SERS portion of total FBSERS Unfunded Liability PortionSERS Retiree Health (No OPEB)Total Debt payments for unfunded pension and retiree Health

5AB - Tuition & Fees - 18,893,0379,604,720--68,750-36,000--28,602,50728,602,507



5E - Auxiliary Services4,519,6652,324,5533,774,594-6,014,393290,12030,7152,996,41247,40619,997,85919,997,859


5G - Net Patient Care Revenue-----118,503,82010,009,164439,543,540-568,056,525- 0568,056,525


5I - Gift & Endowment Income1,50026,0005,134,862-2,153-1,385495,000-5,660,9005,660,900

5J - Contractual & Other Income7,689-924,758-842,3964,255,721284,72735,808,2527,244,34249,367,88449,367,884

F&A Recoveries - --0------00

5L - Investment Income757252674,808-49,105----724,922724,922

5M - Internal Income28,499,623-6,642,411-34,748,4665,247,76424,5682,317,57915,996,08293,476,493- 093,476,493

Total Revenue-FS - 124,498,00811,955,525108,268,799-41,725,262128,297,42510,386,559481,722,72423,287,830930,142,132- 0- 0930,142,132

6A - Salary Expense60,194,08015,779,19258,592,437-50,065,896101,563,1304,933,458152,298,230-443,426,423443,426,42358.9%30.6%14.4%

6B - Fringe Benefits35,057,83010,774,47534,288,253-39,277,70761,054,3393,904,153117,738,018-302,094,775302,094,775147,691,36577,218,362.748,117,847125,336,20987,027,74145,501,236.128,353,63873,854,87445,260,33123,663,730.514,745,81638,409,54621,271,56911,121,542.16,930,27718,051,819

7A - Internal Contractual Support7,973,0542,441,9049,217,125(0)2,814,89214,070,9082,352,86853,337,5251,268,21893,476,493- 0

Danville,Lisa: internal contractual 93,476,493



715 - Temporary/Per Diem Staff38,522-19,000--652,542-1,024,332100,0001,834,3951,834,395

720 - Utilities--3,541,436-6,548,860245,4488,5373,439,476-13,783,75713,783,757

Outside & Other Purchased Services - 8,483,855671,0099,371,087029,639,85510,985,296670,49439,232,930132,56799,187,092- 0

Danville,Lisa: most of charges being eliminated fall in outside & other purchased services CMHC inpatient elimination noted above - this is the difference of all the items specifically identified99,187,092

730 - Insurance(FS) - 515,58583,043--233,896281,977194,4722,671,823-3,980,7973,980,797

735 - Repair and Maintenance44,5365,0001,031,939-6,251,167942,22630,25610,083,917-18,389,04118,389,041

750 - Drugs1,080-6,892-18,1106,438,3087,24239,090,5005,237,70750,799,83950,799,839

755 - Medical Supplies1,128,365579,4475,912,0590570,5422,596,0993,073,21748,063,69538,73261,962,15661,962,156

Other Expenses - 7,233,5312,717,8682,756,92604,398,262494,021112,5681,732,4697,89819,453,54319,453,543



770 - Debt Services-------74,2559,236,5769,310,8319,310,831


Total Expenses-FS - 187,687,92633,347,498147,081,9150145,382,589209,016,14915,573,155477,578,21023,601,2851,239,268,725- 0- 01,239,268,725

Net Income-FS - (63,189,918)(21,391,973)(38,813,116)(0)(103,657,326)(80,718,724)(5,186,596)4,144,514(313,455)(309,126,593)(309,126,593)


59902 - In Kind Fringe Benefits--1,561,994-118,963,226----120,525,220120,525,22083,238,85343,520,26927,119,21870,639,48837,421,92919,565,53212,192,06431,757,59615,841,1168,282,3065,161,03613,443,34115,740,9618,229,9415,128,40513,358,346






59912 - Workers Compensation Appropriation----2,670,431----2,670,4312,670,431

59913 - Workers Compensation Claims Exp----(4,000,946)----(4,000,946)(4,000,946)

59914 - Transfer to State of CT Agencies----------- 0



State Appropriations-FS - 375,179-1,561,994-256,317,886----258,255,059258,255,059

Net Income(After Approp)-FS - (62,814,739)(21,391,973)(37,251,122)(0)152,660,560(80,718,724)(5,186,596)4,144,514(313,455)(50,871,535)(50,871,535)

Portion GF -per Unfunded liab report56.36%56.36%56.36%43.00%43.00%43.00%35.00%35.00%35.00%74.00%74.00%74.00%

per TM1 FY20 proposed budgetper TM1 FY20 proposed budgetper TM1 FY20 proposed budget

Budget Current Year



Fiscal_Year2019

VersionBudget with ReallocationsManual Cell entry




MeasureAmount



SOM FUNDS - SODM FUNDS - RESEARCH FUNDS - CMHC FUNDS - INSTITUTIONAL SUPPORT - UMG - Dental Clinics - JDH-Hospital - 88 - Finance CorporationAll Funds-FS - Eliminating EntriesConsolidated UCHC

Budget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with ReallocationsBudget with Reallocations

DebitCredit

2019201920192019201920192019201920192019201920192019

5AB - Tuition & Fees - 16,623,4908,750,330--68,360-33,600--25,475,78025,475,780



5E - Auxiliary Services4,726,3392,244,4733,352,557-4,723,553213,14216,3003,370,290111,41018,758,06418,758,064


5G - Net Patient Care Revenue-----104,436,92910,258,134425,035,685-539,730,748- 0

Danville,Lisa: CMHC Lab 270044 90000 72517 30 2,100,000CMHC Radiology 270045 90000 71001 30 400,00072563 -JDH I/P Agree-CMHC (all CMHC funds) 107,68072564 - JDH O/P Svcs-CMHC (all CMHC funds) 3,534,40072566 - UMG O/P Svcs-CMHC (all CMHC funds) 790,887

offsetting entry is Outside Purchased services539,730,748removed CMHC internals - ended in FY18


5I - Gift & Endowment Income-31,5274,503,967---12,000897,000-5,444,4945,444,494

5J - Contractual & Other Income14,000-691,501-977,3914,909,874304,78436,893,73124,438,02168,229,30268,229,302

F&A Recoveries - --(0)------(0)(0)

5L - Investment Income--430,406-50,000----480,406480,406

5M - Internal Income27,581,359-8,497,356-37,162,5078,614,87824,5682,712,31715,996,082100,589,067- 0

Danville,Lisa: 100% internal income eliminated

100,589,067

Total Revenue-FS - 117,513,28111,026,33097,718,238-42,981,811118,174,82410,649,386469,607,47640,545,512908,216,859- 0- 0908,216,859

6A - Salary Expense56,556,91614,765,23357,358,173-48,775,24992,556,8525,359,734138,773,657-414,145,814414,145,814

6B - Fringe Benefits26,775,4249,285,70128,939,580-32,110,01748,782,3573,652,02096,041,655-245,586,754245,586,754

7A - Internal Contractual Support12,751,3822,311,45810,335,952-2,709,60513,974,6352,327,48151,748,2654,454,301100,613,079- 0

Danville,Lisa: 100% eliminatedinternal contractual less CMHC portion

Danville,Lisa: CMHC Lab 270044 90000 72517 30 2,100,000CMHC Radiology 270045 90000 71001 30 400,00072563 -JDH I/P Agree-CMHC (all CMHC funds) 107,68072564 - JDH O/P Svcs-CMHC (all CMHC funds) 3,534,40072566 - UMG O/P Svcs-CMHC (all CMHC funds) 790,887

offsetting entry is Outside Purchased services100,613,079



715 - Temporary/Per Diem Staff20,527-1,600--706,309-4,782,621310,8845,821,9425,821,942

720 - Utilities3,000-3,645,547-5,714,966242,99812,1693,446,223-13,064,90213,064,902

Outside & Other Purchased Services - 7,941,248693,2647,958,079-29,969,38210,104,6421,065,25840,054,466692,73598,479,074- 0

Danville,Lisa: most of charges being eliminated fall in outside & other purchased services CMHC inpatient elimination noted above - this is the difference of all the items specifically identified98,479,074

730 - Insurance(FS) - 337,60750,45650,215-222,622233,324194,4722,537,716-3,626,4123,626,412

735 - Repair and Maintenance71,6527,500982,481-5,522,9811,014,17340,4669,139,947-16,779,20016,779,200

750 - Drugs1,587-12,921--5,277,80816,23037,295,95319,759,29562,363,79462,363,794

755 - Medical Supplies1,465,377490,1955,563,397-16,6311,860,7302,846,49543,791,266143,40756,177,49956,177,499

Other Expenses - 6,624,1042,330,7872,020,219-4,795,350573,431130,2842,284,04922,88418,781,10818,781,108



770 - Debt Services-------28,0969,559,0919,587,1879,587,187


Total Expenses-FS - 176,842,29330,226,625136,066,363-135,559,945184,043,41415,991,821439,830,67942,819,0331,161,380,174- 0- 01,161,380,174

Net Income-FS - (59,329,012)(19,200,295)(38,348,125)-(92,578,134)(65,868,591)(5,342,434)29,776,797(2,273,521)(253,163,315)(253,163,315)


59902 - In Kind Fringe Benefits--1,681,386-103,502,753----105,184,139105,184,139






59912 - Workers Compensation Appropriation----1,620,771704,000-2,000,000-4,324,7714,324,771

59913 - Workers Compensation Claims Exp----923,398(1,328,629)-(3,774,518)-(4,179,749)(4,179,749)

59914 - Transfer to State of CT Agencies----(1,991,106)----(1,991,106)(1,991,106)



State Appropriations-FS - 374,566-1,681,386-235,306,655(624,629)-(1,774,518)-234,963,460234,963,460

Net Income(After Approp)-FS - (58,954,446)(19,200,295)(36,666,739)-142,728,521(66,493,220)(5,342,434)28,002,280(2,273,521)(18,199,855)(18,199,855)

Unfunded liability NO OPEB

UConn (Storrs & Regionals)

PROJECTED FY2019 Salary & Fringe Costs

SERS ONLY

Fund

Documents

FY20 Budget Budget... · 2019-07-16 · Tuition and Fees Tuition rate increase per BOT approval 27.4 28.6 1.2 4.4% Grants & Contracts 84.8 Increase in Grant spending 91.1 6.4 7.5%