Transcript Document

Campus Budget Overview
Department Chairs Meeting
September 20, 2012
Kelly Ratliff
Associate Vice Chancellor
Sources of Funds: 2012-13 Revenue Projections
Projected Revenue: $3.6 Billion
State designated
and restricted, 1%
(in millions)
Student Fees, 5%
State, Unrestricted
and Tuition, 19%
($700 million)
Tuition, 11%
State unrestricted
funds, 8%
UC Davis Medical
Center, 40%
Indirect cost
recovery, 3%
Grants and
contracts, direct,
14%
Sales and
Service,
Auxiliary, 11%
Gifts,
endowments,
interest, other, 4%
2012-13 Budget
Source of Funds
Federal (Hatch, Pell
Grants), 2%
1
State support, tuition, fees
2
State unrestricted funds
3
State designated and restricted
4
Tuition
$396
5
Student Fees
$162
6
$304
Sub-total
$50
$912
7
Extramural research (all sponsors)
8
Grants and contracts, direct
$518
9
Indirect cost recovery
$122
10
Sub-total
$640
11
Other Sources
12
Federal (Hatch, Pell Grants)
$60
13
Sales and Service, Auxiliary
$397
14
Gifts, endowment, interest, other
$143
15
16
17
Sub-total
UC Davis Medical Center
$600
$1,431
TOTAL
$3,583
Uses of Funds: 2011-12 Operating Expenses
Total Campus: $3.2 Billion
Amount
Salaries and
Wages 52%
1
Benefits 16%
2
3
Scholarships 7%
4
5
Supplies and
Equipment 25%
Category
Instruction and
Academic Support
Research
Student Services and
Financial Aid
Operation and
Maintenance
(in millions)
% of total
$ 766
24%
$ 508
16%
$ 321
10%
$ 95
3%
$ 96
3%
$ 147
5%
$ 63
2%
6
Auxiliary
7
Institutional Support
8
Public Service
9
Medical Center
$ 1,217
38%
10
TOTAL EXPENSES
$ 3,213
100%
Unrestricted State Revenue vs. Mandatory Student Fees
UC Davis, Annual State Revenue vs.
Student Tuition and Fees ($ in Millions)
$600
$500
$400
Tuition
$300
Tuition and Other
Student Fees
Unrestricted State
General Funds
$200
$100
2007-08 Enrollment
30,685
2012-13 Enrollment
34,004 (Projected)
$0
2007-08
2008-09
2009-10
2010-11
2011-12
(preliminary)
2012-13
(projected)
2012-13 State Funds and Tuition Budget Shortfall
Trigger cut to UC
of $250 million.
Base
dollars in millions
Scenario
1
Budget shortfall
2
Prior year shortfall not addressed permanently
3
State Budget Act (as enacted July, 2012)
4
Fixed cost increases for state funds and tuition
$ (25.1)
5
TOTAL SHORTFALL
$ (55.8)
6
Addressing the shortfall
7
Tuition revenue due to fee increase
8
Increase in national and international undergraduates
$ 3.5
9
Tuition revenue due to enrollment increase
$ 2.8
10
Academic investments for enrollment increases
11
Efficiencies and Cost Reductions
12
Remaining Shortfall
13
Available reserves
$ 46.6
14
Remaining reserve balance
$ (1.7)
$ (25.4)
$ (5.3)
$ --
Regents may consider
tuition increase.
Campus will look for
additional efficiencies and
cost reductions.
$ (2.8)
$ 4.0
$ (48.3)
UC and campus will look
for bridging options.
Employees by Fund Source
April 2009 and April 2012 FTE
State Funds & Tuition
2009
2012
Position Type
Tenure-Track Faculty
Health Science Funds3
2009
2012
External & Other Funds
2009
2012
Total
2009
2012
1,172
1,113
51
46
54
70
1,277
1,229
715
612
497
511
1,382
1,748
2,594
2,871
1,887
1,725
548
557
1,436
1,818
3,871
4,100
Staff
3,688
3,243
7,041
7,447
3,502
3,758
14,231
14,448
Student Employees2
1,317
1,391
499
527
1,435
1,406
3,251
3,324
Grand Total
6,892
6,359
8,088
8,531
6,373
6,982
21,353
21,872
Other Faculty and Other
Academic1
Total Academic
Change from April 09 to April 11
1 Other
-533
443
609
519
Faculty includes Adjunct Professors, Lecturers and other non-tenure-track appointments. Other Academic includes Librarians,
Academic Administrative Officers and University Extension Educators and non-student research academic appointments.
2 Student Employees includes teaching assistants, graduate student researchers, residents, and administrative and clerical employees.
3 Health Science Funds includes sales and services from the teaching hospital, the medical compensation plan, and funds for clinical drug
trials
2012-13 Student Tuition and Fees
National &
Total Fees and Tuition
Resident
International
Undergraduate
$15,257
$38,135
Graduate
$15,387
$30,489
Law (JD)
$49,564
$58,815
Management (MBA)
$38,727
$50,972
Medicine (MD)
$39,652
$51,897
Nursing (MS)
$23,127
$35,372
Veterinary Medicine (DVM)
$33,091
$45,336
Selected Professional Degree Programs:
Notes:
1. Amounts include health insurance ($1,380 undergrad and $2,280 graduate).
Amounts for undergraduates exclude course material fees.
2. Fee levels as of September 2012; Fees subject to change.
Financial Aid Offsets Fee Hikes for Many
Net Cost of Attendance for UC Davis Undergraduates
The University’s financial aid
program helps to offset the
impact of fee increases for
undergraduates from lowerincome families.
The net cost of attendance at
UC Davis has actually declined
for undergraduates from the
lowest-income families since
2006-07.
Gift aid (which does not need to
be repaid) from all sources
more than doubled between
2007-08 and 2010-11.
Net Cost of Attendance by Family Income
in Constant 2010-11 Dollars
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
$0
06-07
07-08
08-09
09-10
10-11
Less than $25,000
$25,000 to $49,000
$49,000 to $74,000
$74,000 to $99,000
$99,000 to $123,000
$123,000 to $149,000
$149,000 and above
All students
Budget Model Development
Phase I – Implemented or in process
 Provost Allocation and Spring Annual Budget
Process
 Undergraduate tuition
 Indirect cost recovery
 Central benefits pool decentralization
 Office of the President funding streams
 Academic masters tuition pilot
 Finalization of 2012-13 budgets
Phase II – To be completed
• Graduate tuition
• Summer session tuition
Campus Budget Model
Campus Budget Model
State designated
and restricted, 1%
• Advances the UC Davis
Vision of Excellence
Student Fees, 5%
Budget Components
in Budget Model
Tuition, 11%
• Encourages
creativity
• Leads to a more
transparent budget process
State unrestricted
funds, 8%
UC Davis Medical
Center, 40%
Indirect cost
recovery, 3%
• Includes a transition
strategy
Grants and
contracts, direct,
14%
Gifts, endowments,
interest, other, 4%
Sales and Service,
Auxiliary, 11%
Federal (Hatch, Pell
Grants), 2%
Budget Model Phase I
Undergraduate Tuition
dollars in thousands
1
Net UG tuition revenue from prior year
2
Net UG tuition revenue due to enrollment growth (390 students)
$ 195,260
$ 2,800
3
Distributed as instructional needs
$ 1,570
4
Distributed per budget model formula
$ 1,230
5
Total, prior year + enrollment growth
$198,060
6
CA&ES
$23,586
7
CBS
$20,755
8
COE
$12,442
9
HArCS
$22,835
10
MPS
$19,406
11
DSS
$37,012
12
Other Academic Units
13
Total (rounded)
14
Provost
15
Special Programs
16
TOTAL
$1,954
$137,990
$59,953
$1,117
$198,060
Budget Model Phase I (continued)
Indirect Cost Recovery Funds
dollars in thousands
1
2
3
Total ICR generated 2011-12 and distributed 2012-13
Less categorical set-asides (ARRA, Garamendi, etc.)
ICR available for distribution
$ 121,700
$ (25,200)
$ 96,500
4
Distribution for Deans, VC-R (34%)
$ 32,800
5
Distribution for Provost (66%)
$ 63,700
Distribution for Deans, VC-R (34%)
$ 32,800
6
7
8
Less prior year campus return program
9
Less OP Tax, benefits, existing base budgets
10
ICR Increase to Deans, VC-R
$ (14,700)
$ (8,300)
$ 9,800
11
12
Distribution for Provost (66%)
13
Graduate student support, matching funds
$ 10,000
14
Research support (VC-R, VC-ARM, Library)
$ 18,000
15
Transition for OP tax implications
16
Provost decisions (debt service, start-ups, etc.)
$ 5,500
$ 30,200
Budget Information Sources
• Budget news (campus, UC system, state)
o budgetnews.ucdavis.edu
• Data, analysis and reports
o Provost’s Dashboard: provost.ucdavis.edu
o Campus Facts: facts.ucdavis.edu
o Campus Budget Office: budget.ucdavis.edu
• Advocacy (critical!)
o www.ucforcalifornia.org
• Annual financial schedules and reports
o www.universityofcalifornia.edu/reportingtransparency