Transcript No Slide Title

Campus Budget
Overview
Fall 2010
Kelly Ratliff
Budget and Institutional Analysis
Budget Process: Timeline
Regents
Budget
Request
(November)
Legislative
and Governor
Final State
Budget Act
(July?)
Governor’s
May Revision
(mid-May)
Campus
Budget
Process
Governor's
Budget
Proposal
(January)
Legislative
Committees
Advocacy
(Spring)
Budget Planning: Administrative & Resource Management
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Campus Facts: UC Davis Sources of Funds
2009-10
Campus Revenue by Fund Source
Total $3.09 Billion
July 1, 2010
Core Funds (State and Tuition)
$576.3 million
Other
1%
Federal
13%
Medical
Center
36%
State
18%
Student
Fees &
Tuition
13%
Services/
Auxiliaries
13%
Private/
Local
7%
General
Campus
Colleges
40%
Utilities
6%
Employee
Benefits
16%
Professional
Schools
13%
Central
Admin and
Library
24%
• The instructional mission is supported largely with state and student fee funds.
• Many UC funds are restricted.
– Federal funds primarily fund research.
– Services and auxiliaries include student housing, parking, clinical activities and others.
– Private and local funds are usually restricted to specific programs or research activities.
Budget Planning: Administrative & Resource Management
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Core Fund Budget Overview
amounts in millions
2008-09
2009-10
2010-11
Prior-year
($3.6)
($15.5)
($52.4)
State Budget actions
($16.4)
($84.7)
$30.0
($4.1)
($10.3)
($30.3)
($10.6)
($24.0)
($50.3)
($114.8)
($56.7)
New Revenue (fees, tuition)
$8.2
$26.4
$30.0
Permanent reductions to units
$16.7
$36.0
$34.2
Central benefit savings
None
None
$6.4
($25.4)
($52.4)
$13.9
$28.9
$5.0
PEB employer contribution
Salary, Benefit cost increases
TOTAL SHORTFALL
Shortfall remaining
Furloughs (Sep 09 – Aug 10)
ARRA stabilization funds
$15.0
Other temporary actions
$10.0
$23.5
$14.5
Less one-time transition funds
$0.0
$0.0
($20.1)
($15.4)
$0.0
$28.3
NET (SHORTFALL)/RESERVE
Budget Planning: Administrative & Resource Management
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Budget Planning for 2011-12
amounts in millions
2009-10
2010-11
2011-12
Prior-year
($15.5)
($52.4)
$13.9
State Budget actions
($84.7)
$30.0
pending
PEB employer contribution
($4.1)
($10.3)
($10.0)
Salary, Benefit cost increases
($10.6)
($24.0)
($15.0)
($114.8)
($56.7)
($11.1)
New Revenue (fees, tuition)
$26.4
$30.0
pending
Permanent reductions to units
$36.0
$34.2
Central benefit savings
None
$6.4
($52.4)
$13.9
Furloughs (Sep 09 – Aug 10)
$28.9
$5.0
ARRA stabilization funds
$0.0
$15.0
Other temporary actions
$23.5
$14.5
Less one-time transition funds
$0.0
($20.1)
$0.0
$28.3
TOTAL SHORTFALL
Shortfall remaining
NET (SHORTFALL)/RESERVE
Budget Planning: Administrative & Resource Management
pending
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Budget Planning for 2011-12
Moving Forward
•
Significant challenges remain:
– State Budget – structural deficit remains, new Governor/Legislature
– Post-employment benefits – significant cost for all fund sources
– Compensation gaps for faculty and staff
– Health benefit cost increases
– Unfunded/underfunded enrollment
– Implementation of budget reductions from the last three years
•
Opportunities
– 2010-11 State Budget supportive of UC and CSU
– Comprehensive Campaign
– Some faculty hiring continues
– Good bidding climate for capital projects
– New approaches to how we do business
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Campus Budget: Information Sources
• Budget News
Campus, UC system, state budget information
– budgetnews.ucdavis.edu
• Data, analysis, reports
– facts.ucdavis.edu/ Campus Facts
– budget.ucdavis.edu Campus Budget Office
• Advocacy
– www.ucforcalifornia.org
• Annual financial schedules and reports
– www.universityofcalifornia.edu/reportingtransparency/
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