Transcript Slide 1

Spring 2013 Budget Update
April 2013
Agenda
• Tuition and enrollment projections
• Budget forecast model and approved funding
• Segregated fees as endorsed by SUFAC, and room &
board rates
2
Tuition Revenue
Tuition Target for Pooled Revenue=$33,435,359
Variance
Original Estimate 5.2012
$35,218,000
$1,783,000
Fall 2012 10.12.2012
$36,536,000
$3,100,000
Spring 2013 03.03.2013
$36,549,000
$3,114,000
TSI Estimate 5.2012
$13,405,000
-
Fall 2012
$14,400,000
$995,000
Spring 2013
$14,400,000
$995,000
Note – these figures exclude distance learning, study abroad, and school
of education cost recovery students
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Enrollment
Original
Fall Billing
FTE
Fall 2012
Billing FTE
Fall Estimate Spring Billing
FTE [90%]
Spring 2013
Billing FTE
5,375
5,514
4,963
5,022
Undergrad NonRes
118
180
162
136
Graduate Resident
116
95
86
105
Graduate NonRes
23
26
23
16
Subtotal Pooled Enrollment
5,632
5,815
5,234
5,279
TSI Enrollment
1,370
1,472
1,325
1,325
Total Pooled & TSI Enrollment
7,002
7,287
6,559
6,604
Undergrad Resident
4
Enrollment Projections
FY201314
FY201415
FY201516
FY201617
FY201718
5,690
5,690
5,690
5,690
5,690
120
120
120
120
120
Subtotal Pooled Enrollment
5,810
5,810
5,810
5,810
5,810
TSI Enrollment
1,580
1,670
1,695
1,705
1,705
Total Pooled & TSI Enrollment
7,390
7,480
7,505
7,515
7,515
Undergraduate
Graduate
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Budget Forecast Model
Projected Closing Balances
$500K Lapse in FY14 &
FY15 and $1.3M plan;
$350K base savings in
FY16 and forward
Total Budget Requests
Recommended funding - $
Recommended FTE
Additional Requests
FY2012- FY2013- FY201413
14
15
FY201516
FY201617
FY201718
8,071,684
5,066,607
3,694,434
2,065,225
2,043,385
6,752,669
6,383,512
192,805 1,064,705
2.22
8.67
1,850,580
5,318,807
6,070,228
5,148,064
6,172,779
6,290,323
6,192,070
648,311
14.12
1,110,395
16.62
1,334,047
16.62
1,307,427
15.62
4,499,754
5,062,384
4,956,276
4,884,643
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Recommended Funding
Division
Admin
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
0
257,000
216,100
251,905
289,500
328,975
25,300
26,500
27,700
29,000
29,400
29,700
Assoc VC
0
75,925
77,525
79,225
81,125
83,125
BILSA
0
136,400
195,900
295,600
306,400
311,000
194,800
156,600
128,700
121,100
113,700
78,900
EMS
0
38,250
227,300
235,440
244,070
247,700
LAE
0
144,630
149,010
153,740
158,370
163,000
Provost
0
178,200
275,034
278,385
281,782
279,927
SA
0
200,000
0
0
0
0
Univ Wide
-27,295
-148,800
-648,958
-334,000
-170,300
-214,900
Grand Total
192,805
1,064,705
648,311
1,110,395
1,334,047
1,307,427
Admissions
Diversity
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Provost Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
178,200
275,034
278,385
281,782
279,927
FTE
0.00
2.00
3.45
4.95
4.95
4.95
• FY2014-18
• Assistant Director of First Year Experience
• Academic Affairs position (Assessment Coordinator or
Coordinator of Graduate Studies and Academic Projects)
• Supplies & materials for new academic affairs position
• PACCE positions (i.e. Entrepreneurship Prog Dir,
Scholarly Coord, Marketing asst, Launch lab manager,
liasons to BILSA & EMS)
• FY2015-18
• PACCE positions
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BILSA Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
136,400
195,900
295,600
306,400
311,000
FTE
0.00
1.00
2.00
3.00
3.00
3.00
• FY2014-18
• Salary Adjustments (i.e. cover under-allocated salary budget
lines, Weigel & Prill-Adams)
• Unclassified position, supplies and capital to fund increased
enrollment in the School of Ag
• In addition to the above positions, 3.00 FTE for total salaries
of $160,000 were already approved for funding (Biology, Ag
& Farm Manager)
• FY2015-18
• Add’l positions to fund increased enrollment in the School of
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Ag
EMS Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
38,250
227,300
235,440
244,070
247,700
FTE
0.00
0.45
2.45
2.45
2.45
2.45
• FY2014-18
• Chemistry – chemical hygiene officer and student help
• In addition to the above positions, 3.00 FTE for total
salaries of $185,000 were already approved for funding
(Chemistry, Math & Mechanical Engineering)
• FY2015-18
• Add’l faculty position in mathematics and mechanical
engineering
10
LAE Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
144,630
149,010
153,740
158,370
163,000
FTE
0.00
0.00
0.00
0.00
0.00
0.00
• FY2014-18
• Overload and adjunct pay
• Student help
• Japanese language instruction (student help and
supplies)
• In addition to the above positions, 3.00 FTE for total
salaries of $144,000 were already approved for funding
(Women’s & Gender Studies, Criminal Justice & Political
Science)
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Diversity Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
194,800
156,600
128,700
121,100
113,700
78,900
FTE
1.70
1.70
1.70
1.70
1.70
0.70
• FY2013
• ESL Program startup
• Center for Veteran & Non-Traditional Students (Director
and student help)
• FY2014-18
• Decreasing support of ESL program as it becomes selfsustaining
• Maintain funding for Center for Veteran & Non-Traditional
Students
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Student Affairs Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
200,000
0
0
0
0
FTE
0.00
0.00
0.00
0.00
0.00
0.00
• FY2014
• Repair/replace acoustic panel winches in the CFA
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Associate VC Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
75,925
77,525
79,225
81,125
83,125
FTE
0.00
1.00
1.00
1.00
1.00
1.00
• FY2014-18
• Registrar’s office position
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Admissions & Enrollment Svcs
Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
25,300
26,500
27,700
29,000
29,400
29,700
FTE
0.52
0.52
0.52
0.52
0.52
0.52
• FY2013-18
• Fund remaining portion of position supported by Federal
Overhead-Financial Aid
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Administrative Svcs Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
0
257,000
216,100
251,905
289,500
328,975
FTE
0.00
0.00
0.00
0.00
0.00
0.00
• FY2014
• Two backup appliances for off-site data backup (OIT)
• FY2014-18
• Annual hardware & software maintenance increases
(OIT)
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University Wide Funding
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
Amount
-27,295
-148,800
-648,958
-334,000
-170,300
-214,900
FTE
0.00
2.00
3.00
3.00
3.00
3.00
• FY2013
• One-time supplemental compensation planning ($600,000)
• Ongoing compensation planning ($350,000)
• Budget lapse planning (-$1,005,295)
• Classroom technology upgrades- Russell 122 & Doudna
205a ($28,000)
• FY2014-18
• Classroom technology upgrades (6 classrooms)
• Office of Planning and Assessment - positions
• Ongoing compensation planning
• Budget lapse planning
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• TSI positions available for allocation
Auxiliary Rates – Segregated Fees
Student Fees
2012/2013
2013/2014
2014/2015
2015/2016
2016/2017
2017/2018
30
30
30
30
30
30
120
120
120
120
120
120
0
0
0
0
0
0
50
47
47
47
47
47
Stadium/Arena Oper 632200
25
25
25
25
25
25
Child Care 632700
10
10
10
10
10
10
8
8
8
8
8
8
83
83
83
83
83
83
Muni. Svc. 632800
18
18
18
18
18
18
PAC/Intramural Oper 632600
54
54
54
54
54
54
Parking
20
20
20
20
20
20
30
30
30
30
30
30
152
152
154
158
162
162
Student Affairs Programming 632006
91
93
93
93
93
94
Student Health & Counseling 632100
106
111
111
111
111
111
SUFAC Activity 622001
100
100
100
100
100
100
Textbook 632900
142
165
179
182
185
187
1,039
1,066
1,082
1,089
1,096
1,099
% Increase
0.97%
2.60%
1.50%
0.65%
0.64%
0.27%
% Increase (excluding Textbook Rental)
1.13%
0.45%
0.22%
0.44%
0.44%
0.11%
BONDING
Stadium/Arena Fac Bond 1 632205
MPSC Bond 632810
WFH Bond1
FY21
632605
WFH Bond2 632615
FY12
FY31
FY25
OPERATIONS
ID Systems 612225
Intercoll. Athletics
632400
642001
Transportation
MPSC Operations 632000
Total Seg. Fees
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Auxiliary Rates – Housing & Meal Plans
2012-13
3,520
-
2013-14
3,700
3,900
2014-15
3,820
4,020
2015-16
3,940
4,150
2016-17
4,060
4,280
2017-18
4,190
4,410
Elevated Renewed
Double
Single
4,428
4,650
4,230
4,790
4,360
4,940
4,500
5,090
4,640
5,250
Semi-Suite
(Bridgeway)
Single Suite (SW)
Avg % inc
5,006
8.0%
5,100
5,250
5.0%
5,260
5,410
3.1%
5,420
5,580
3.1%
5,590
5,750
3.1%
5,760
5,930
3.1%
Other Suite:
Rountree
4,800
4,950
5,100
5,260
5,420
5,590
Meal Plans
Average Rate
% Inc
2,273
5.0%
2,393
5.3%
2,471
3.2%
2,550
3.2%
2,631
3.2%
2,714
3.2%
Residence Halls
Double
Renewed Double
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Total Price of Attendance
Total Price of Attendance
2012/2013
2013/2014
2014/2015
2015/2016
2016/2017
2017/2018
Wisconsin Resident
Tuition
6,422
6,615
6,813
7,018
7,228
7,445
Student Fees
1,039
1,066
1,082
1,089
1,096
1,099
Standard Double Room
3,520
3,700
3,820
3,940
4,060
4,190
Standard Meal Plan (175 meals)
2,920
3,070
3,170
3,270
3,370
Total Estimated Price of Attendance
$
13,901
% Increase
$
14,451
5.7%
$
14,885
4.0%
$
15,317
3.0%
$
3,480
15,754
2.9%
$
16,214
2.9%
2.9%
Minnesota Resident
Tuition
6,846
7,051
7,263
7,481
7,705
7,936
Student Fees
1,039
1,066
1,082
1,089
1,096
1,099
Standard Double Room
3,520
3,700
3,820
3,940
4,060
4,190
Standard Meal Plan (175 meals)
2,920
3,070
3,170
3,270
3,370
3,480
Total Estimated Price of Attendance
$
14,325
% Increase
$
14,887
5.6%
$
15,335
3.9%
$
15,780
3.0%
$
16,231
2.9%
$
16,705
2.9%
2.9%
Non-Resident
Tuition
15,805
16,279
16,767
17,270
17,789
18,322
Student Fees
1,039
1,066
1,082
1,089
1,096
1,099
Standard Double Room
3,520
3,700
3,820
3,940
4,060
4,190
Standard Meal Plan (175 meals)
2,920
3,070
3,170
3,270
3,370
3,480
Total Estimated Price of Attendance
$
23,284
% Increase
$
24,115
5.6%
$
24,839
3.6%
$
25,569
3.0%
$
26,315
2.9%
$
27,091
2.9%
3.0%
Tri-State Initiative
Tuition
10,422
10,735
11,057
11,388
11,730
12,082
Student Fees
1,039
1,066
1,082
1,089
1,096
1,099
Standard Double Room
3,520
3,700
3,820
3,940
4,060
4,190
Standard Meal Plan (175 meals)
2,920
3,070
3,170
3,270
3,370
3,480
Total Estimated Price of Attendance
% Increase
$
17,901
$
4.3%
18,571
$
3.7%
19,129
$
3.0%
19,687
$
2.9%
20,256
$
20,851
2.9%
2.9%
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