Mason Nation

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MASON IN THE SPOTLIGHT

150 Under 50 Rankings 2016

The Times Higher Education 150 Under 50 Rankings 2016 is a ranking of the top 150 universities under 50 years old.

It celebrates young universities that have made a great impact on the global stage in years rather than centuries and showcases the future rising university stars.

George Mason University ranked 59 GEORGE MASON UNIVERSITY 3

#14 in Most Innovative Schools

#95 Best Colleges for Veterans

#143 in National Universities

George Mason ranked 16 on the list of 50 Most Underrated Colleges in America by Business Insider

#OPENING SOON

4

Open in Arlington!

GEORGE MASON UNIVERSITY

Mason Growth

2200024000260002800030000320003400036000

FY 2000 FY 2007 FY 2017(Fall 2016)

Enrollment

110

120

130

140

150

160

FY 2000 FY 2007 FY 2017

Total Buildings

0

200

400

600

800

1000

FY 2000 FY 2007 FY 2017

Total Budget($ in millions)

1000200030004000500060007000

FY 2000 FY 2007 FY 2017

Number ofResidential Beds

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Mason Transfer Students ROI is even better!

GEORGE MASON UNIVERSITY 6

GEORGE MASON UNIVERSITY 7

Strategic Planning

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Fundraising: Total Gifts and Pledges

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$21.9

$30.5$34.2

$49.9

$32.4

$41.6$46.9

$54.3

$70.8

$98.3

$0

$10

$20

$30

$40

$50

$60

$70

$80

$90

$100

FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016dollars in millions

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FY 2017 and FY 2018Operating and Capital Budget Update

AA- Aa3

A+ A1A A2A- A3

BBB+ Baa1

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STABLE FINANCIAL RATINGS IN 2017

January 2017Received Two Ratings

GMUF’s Prince William Lab LLC

Refunding Bonds!

Operating, $138.6

Financial Aid, $22.3

Capital Improvements, $57.8

Mason Capital Funds, $5.0

Tuition, $353.3Mandatory Student

Services & Activity Fees, $83.9

Room & Board, $70.2

Contracted Services, $32.8

Community & User Service Fees, $84.9

Sponsored Research, $104.7

Philanthropic Activities, $45.0 One Time, $2.5

Pressure: AnticipatedBudget Cuts

FY 2017 REVENUE BUDGET $1.0B

pie chart in millions

Enrollment Related Fees, 51%

All Other Activities, 27%

Capital

VA State Funding, 22%

12GEORGE MASON UNIVERSITY

Educational & General, $514.8

One-Time Funding, $2.5Student Services & Activity Fees, $83.9

Room & Board, $70.2

Financial Aid, $22.3

Capital Improvements, $58.4

Research Contracts & Grants, $104.7

Community & User Services (Non E&G),

$66.4

Contracted Services, $32.8

Foundation Support for Mason, $45.0

FY 2017 EXPENSE BUDGET $1.0B

pie chart in millions

Enrollment Related, 69%All Other

Activities, 25%

Capital, 6%

13GEORGE MASON UNIVERSITY

General Fund $8,294 $9,088 $7,397 $7,209 $6,391 $7,676 $5,854

In-State Tuition 15,810 13,515 10,941 10,989 6,348 $11,521 $8,204

Total 24,104 22,603 18,338 18,198 12,739 19,197 $14,058

Mason percent of average is 73% of total

Doctoral Average

w/o Mason

STATE FUNDING DISPARITY

General fund estimate is based on SCHEV FTE projection in the 2B report, numbers for all institutions will change with actual revised numbers for FY 2017

STATE FUNDING DISPARITY

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LONG TERM FINANCIAL SHIFT FROM TAXPAYER TO STUDENT

67%

28%33%

72%

0%

10%

20%

30%

40%

50%

60%

70%

80%

George Mason UniversityGeneral Fund vs. Tuition and Other as a Percent of the E&G Budget

State Appropriations Tuition & Other67%

33%

1985

57%43%

2000

28%

72%

2017

**FY 2018**Commonwealth

Revenue Shortfall

15GEORGE MASON UNIVERSITY

Examine the Base: Efficiency & Effectiveness MeasuresDebt Deauthorization: 4 Year Total $230M

Partial List Fairfax Concert Hall $41.1MHousing IX $41.1MEconomics Building $30.7MParking Deck IV $27.2MSW Campus Dining $14.6M

Asset ReutilizationMason Inn Conversion Historical Loss $12MMason Hall Phase I & II Cost Avoidance $13MScience & Technology CampusBroadlands Properties TBD

Base Budget Reductions & Reallocation 5 Year Total $33.1M

No Added Debt FY 2015, 2016, 2017 $0

FY 2

013

-201

7

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*Commonwealth budget revisions after appropriations

Mason Priorities

Increase Student Financial Aid

Attract & Retain Top Talent

Multidisciplinary Research Institute for Biomedical

Innovation

Career-ready graduates with equitable resources to

support enrollment growth

Governor’s Amended FY 2018 Budget

Increase undergraduate financial aid $3.1M

1.5% One-Time Bonus

Block Grant - $1.25M for IBI Initiative

-$9.3M budget reduction ($8.0M on-going and $1.3M

one-time)

HouseAmended FY 2018

Budget

Increase undergraduate financial aid $3.1M

3% Faculty and Classified Staff Salary Increase

(1/6 GF, 5/6 NGF)

Block Grant - $1.25M for IBI Initiative

-$6.3M budget reduction on-going

Senate Amended FY 2018

Budget

Increase undergraduate financial aid $3.1M

2% Faculty Salary Increase and 3% Classified Staff

Salary Increase

Block Grant - $1.25M for IBI Initiative

-$9.3M budget reduction ($8.0M on-going and $1.3M

one-time)

FY 2018 PROPOSED BUDGET AMENDMENTS

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TODAY’S NEWS

Commonwealth of VirginiaOffice of Governor Terry McAuliffe

Governor McAuliffe Announces January 2017 General Fund Revenue Collections Up 7.4% From The Previous Year And Fiscal-Year-To-Date Collections Up 4.6%

~ Payroll Withholding and Sales Tax Collections Accounted for the Gain ~

Effects on FY 2018 Budget are yet to be determined

More information in 2-4 weeks

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19

Capital Construction Funding – Robinson Hall

Capital Construction Funding – Utility Infrastructure

Capital Planning Funding – Telecom IT Infrastructure

Financial Autonomy – Pilot program for increased financial flexibility similar to Level 3 institutions

PROPOSED BUDGET – OTHER ITEMS OF NOTE

GEORGE MASON UNIVERSITY

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Diversification of Revenue Streams

Faster Farther Campaign and the Future of Fundraising

Tuition Pricing Strategy

Student Enrollment and Retention

Commonwealth Base Budget Cuts

Capital Infrastructure – Prioritize• Robinson Hall• Utility Infrastructure

MASON’S STRATEGY – FY 2018 - 2020

All options have to be on the table……

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Opportunities Abound

KEY TAKE-AWAY’S

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DONE IS BETTER THAN PERFECT

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FABULOUS FAILURES

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Life is short, be happy.

Find the value in each of us.

Pay it forward.

Learn from mistakes.

…is an Amazing University –transforming students’ lives everyday

…has Faced Headwinds before –together we will meet the challenge

…fosters Open Communication/Collaboration –in pursuit of excellence in education

GEORGE MASON…