Transcript WKU BUDGET DEVELOPMENT

BUDGET
DEVELOPMENT
WKU Budget
Educational
And
Auxiliary
General
Unrestricted
Restricted
Revenue = Expense
FY12 Revenue by Source
Auxiliary
Enterprises
6.5%
Restricted Funds
18.7%
State
Appropriation,
Operating
19.4%
Designated State
Funding
0.7%
Self Generated
11.9%
Tuition & Fees
42.8%
Tuition & Fees
$165 M in FY12
Resident
Undergraduate
Tuition Rate
Increase
Tuition &
Fees
42.8%
Mid April
State Appropriation
State
Appropriation,
Operating
19.4%
$77M
Lump Sum
Appropriation
$9.35M Reduction
since FY09
Designated
State
Funding
0.7%
$5M Reduction FY13
Balance of State
Appropriation/Tuition
Restricted Funds
$72M
Restricted
Funds
18.7%
Grants & Contracts
Federal and State
Student Financial Aid
Restricted by External
Sources
Self Generated
$45M Includes Carry
Forward
Examples:
Parking & Transp.
Health Services
University Farm
Gifted Studies
Theatre
Athletics
Rev Estimates
Submitted by
Divisions In Feb.
Self
Generated
11.9%
Auxiliary Enterprises
$25M
Food Services
Bookstore
Printing Services
Housing (SLF)
Auxiliary
6.5%
Expenditures
Fixed Costs and
Commitments
Library
Books/Subscriptions
Inflation
Contractual
Elevator
Obligations
IT Systems
Benefit Increases
Retirement Sys.
Faculty Promotions
Provided Annually
Maint./ Operations
New Facilities
Maint. and Utilities
Strategic
Priorities
Budgeted Expenditures by
Organizational Area
(in Millions)
Academic Affairs
$173.5
Athletics
$21.1
Campus Services & Facilities
$33.0
Development & Alumni Relations
$3.5
Finance & Administration
$8.0
Information Technology
$12.8
Public Affairs
$2.4
Research
$6.7
Student Affairs
$7.0
Other*
*Other includes Office of the President, Chief
Diversity Officer, Chief of Staff and University-Wide.
$20.7
0
50
100
150
200
Budgeted Expenditures
(in Millions)
$200
$180
45%
$160
$140
$120
26%
$100
20%
$80
$60
$40
4%
$20
3%
2%
$0
Personnel
Operating
Expenses
Student Aid Debt Service
Utilities
Capital
Outlay
Example of a
Departmental Budget