Town Hall Meeting

Budget Update and PlanningMarch13, 2008

Town Hall Meeting

Budget Update and PlanningMarch13, 2008

FY 08 StatusFY 08 Status FY 09 Budget Development EventsFY 09 Budget Development Events FY 09 InformationFY 09 Information Reports by Vice PresidentsReports by Vice Presidents

Administrative AffairsAdministrative Affairs Academic AffairsAcademic Affairs University AdvancementUniversity Advancement Student Life & DevelopmentStudent Life & Development

Future IssuesFuture Issues QuestionsQuestions

AgendaAgenda

FY 06 Budget Expenditures

Revenue ProjectionsRevenue ProjectionsFY 08FY 08

As of 2/4/200814,300 FYE

Adjusted Base Increase Budget

Carryforward 1,887,449 Appropriation/Allocation 52,242,247 52,242,247

Technology, Underrepresented, Performance Init. 0 1,714,957 Competitive Salary Funds 0 536,042

Tuition: 73,455,662 1,050,000 74,505,662 Other Fees and Revenues 3,000,000 3,500,000 Total Revenue 128,697,909 134,386,357

FY 08 Assumptions FY 08 Assumptions RecommendationsRecommendations

Expenditure ProjectionsFY 08

As of 2/4/2008Adjusted

Base Budget

Total Expenditures 129,191,534 133,092,609Gap Revenue to Expense 1,293,748

Campus Consultation - ContinuingCampus Consultation - Continuing Tuition Set - March Trustees MeetingTuition Set - March Trustees Meeting Budget Worksheets to Units - April 1Budget Worksheets to Units - April 1 Budgets Entered - MayBudgets Entered - May Start of Fiscal Year - July 1Start of Fiscal Year - July 1

Budget Development EventsBudget Development EventsFY 09FY 09

Budget Advisory GroupBudget Advisory GroupAssumptions

FY 09

Includes MnSCU Technology, Includes MnSCU Technology, Underserved Students and Underserved Students and Performance Initiative FundsPerformance Initiative Funds

Tuition Increase 4% with 1% MnSCU Tuition Increase 4% with 1% MnSCU BuydownBuydown

Enrollment of 14,325 FYEEnrollment of 14,325 FYE Tentative Faculty SettlementTentative Faculty Settlement Maintain 5% ReserveMaintain 5% Reserve

Budget Advisory GroupBudget Advisory GroupAssumptions

FY 09

Does Not Include MnSCU Allocation/Cost Does Not Include MnSCU Allocation/Cost Reallocation (Approximately $4.1 Million)Reallocation (Approximately $4.1 Million)

Assumes $1.3 Million Carry Forward From Assumes $1.3 Million Carry Forward From FY 2008FY 2008

Expenses Adjusted for Increased Debt Expenses Adjusted for Increased Debt ServiceService

Includes Mandated Expense, Investments, Includes Mandated Expense, Investments, Reallocations, and Fund to Implement Reallocations, and Fund to Implement Academic PlanAcademic Plan

Enrollment

10,000 10,500 11,000 11,500 12,000 12,500 13,000 13,500 14,000 14,500 15,000

Students

Fiscal Year

FYEFY 2002 through 2008

Total FYE Enrollment

Projected Enrollment

FY 06 Budget Expenditures

Revenue ProjectionsRevenue ProjectionsFY 09FY 09

As of 2/4/200814,325 FYE

Adjusted Budget

Carryforward 1,293,748 Appropriation/Allocation 55,079,382 MnSCU 1% Tuition Buydown 739,830 Technology, Underrepresented, Performance Init. 1,984,880 Competitive Salary Funds 536,042

MnSCU 1% Tuition Buydown (739,830)Other Fees and Revenues 3,500,000 Total Revenue 140,016,441

FY 08 Assumptions FY 08 Assumptions RecommendationsRecommendations

Budget ProjectionsFY 09

As of 2/4/2008Adjusted Budget

Total Expenditures 141,641,359 Budget reductions as of 1/28/08 (2,407,857)Budget mandates and investments 1/28/08 913,557 Reserve for Academic Plan implementation1/28/08 500,000 Total 140,647,059 Gap Expense to Revenue (630,618)

Administrative Affairs

Unit Name Reductions Additions

Computer Information Systems 15,200Human Resources 400Administrative Affairs 70,000Printing Services 13,146Business Services 172,000Public Safety 15,600 17,989Scholarship & Financial Aid 34,538Building & Grounds 40,000 190,000Total 360,884 207,989

Academic AffairsAcademic Affairs

Unit Name Reductions Additions

College of Business 221,000College of Education 273,856College of Fine Arts 349,500College of Science and Engineering 379,742College of Social Science 274,467Learning Resources 111,500Undergraduate Studies 53,675 22,500Continuing Studies 11,053International Studies 100,000Admissions 18,350Academic Affairs 127,250 300,000Total 1,820,393 422,500

University AdvancementUniversity Advancement

Unit Name Reductions Additions

University Communications 62,995Alumni Foundation 44,688Total 62,995 44,688

Student Life and DevelopmentStudent Life and Development

Unit Name Reductions Additions

American Indian Center 1,970Career Services 10,660Counseling & Psychological Services 7,500 87,000CSOLD 10,000GLBT 300Multicultural Student Services 10,550Women's Center 2,325Campus Recreation 5,480Student Life and Development 9,800 30,000Total 58,585 117,000

Office of the PresidentOffice of the President

Unit Name Reductions Additions

Institutional Effectiveness 121,380Athletics 105,000Total 105,000 121,380

SummarySummary

Reductions:Permanent 2,240,894One Time 166,963TOTAL 2,407,857

Investments:Permanent 140,489One-time 121,380Personnel 651,688TOTAL 913,557

AVAILABLE PLANNING BALANCE 1,494,300

State Budget UncertaintyState Budget Uncertainty Finalize Settlements for IFO, Finalize Settlements for IFO,

MSUAASF, & AdministratorsMSUAASF, & Administrators FY 2010-2011 OutlookFY 2010-2011 Outlook Other IssuesOther Issues

Future IssuesFuture IssuesUniversity WideUniversity Wide

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