Transcript Budget Update CSU Budget CSU Budget • $63.7 Million increase to fund 10,000 Student system-wide • $23.3 million increase for 2,700 additional.

Budget Update
CSU Budget
CSU Budget
• $63.7 Million increase to fund 10,000 Student system-wide
• $23.3 million increase for 2,700 additional students
financial aid awards
• $88.1 million increase toward employee pay increases, as
bargained for by unions
• $26 million in general obligation bonds for capital renewal
programs
• 8% fee increase for undergraduate students to $2,520; 8%
for teacher credential students to $2,922; 10% increase for
graduate students to $3,102
CSU Budget
• $560,000 to expend graduate nursing programs
and $250,000 to increase the number of teacher
preparation programs to produce additional K-12
science and math teachers
• $41.8 million toward mandatory cost increases for
health/dental insurance
• $7.9 million for long-term needs for libraries,
deferred maintenance and technology initiatives
HSU Budget
HSU Budget
• Authorized and State funded enrollment level is 7,389 Fulltime Equivalent Student (FTES), an increase of 180 students
over 2004-05.
• FY05-06 budget built on the assumption of enrolling 7,268
FTES (including Summer Session)
– Summer actual enrollments reported at 240 FTES
– Need approximately 7,171 FTES for Fall and 6,884 FTES for
Spring to meet HSU’s internal budget estimate for an annual
average of 7,268 FTES
– Fall estimate predicts enrollments of 6,950 FTES; HSU’s annual
average will probably be about 7,100 FTES. (To meet our 7,268
FTES internal target, we would have to enroll 7,106 FTES Spring
2006)
[156 FTES more than Fall]
Where Does Our Money Come From?
General Fund Support
Student/Other Fees
Total General Fund
Net Increase
$68,727,876
$21,004,976
$89,732,852
$5,818,594
Compared to last year’s budget of $83,914,258, this means we will
have $5,818,594 more dollars this year.
What Did We Fund?
Mandatory Cost Increases
Total FY05-06 Mandatory Costs
Salary Increases
$5,685,064
$2,299,000
Health/Dental Benefits Rate Change
Retirement Rate Changes
Property Insurance-Risk Pool
$936,000
$1,108,000
$190,964
Energy Cost Increase
Financial Aid to Students
Maintenance for Recreation Center
Long Term Maintenance Backlog
$113,000
$945,900
$50,000
$42,200
Subtracting the mandatory costs from projected new income leaves us
with a balance of $133,530.
What Did We Fund?
Campus-Wide Approved
Requests for Funding
Academic Affairs
Student Affairs
University Advancement
$2,045,000
$128,000
$345,000
Administrative Affairs
President’s Division
Total Requests
$250,000
$522,000
$3,290,000
What Did We Fund?
Campus-Wide Approved Requests for Funding
Division/Approved Funding
Academic Affairs
Summer Session
Lecturers
Masters of Social Work
Operating Expenses CNRS
Unit 11 administration
Information Technology Services (ITS)
WASC
Academic Affairs Total
Total
$1,000,000
$300,000
$250,000
$285,000
$55,000
$90,000
$65,000
$2,045,000
What Did We Fund?
Campus-Wide Approved Requests for Funding
Division/Approved Funding
Student Affairs
Alcohol & Drug Intervention Program
Equity MPP
Humboldt Orientation Program/Multicultural program SSP position
Total
$56,000
$30,000
$42,000
Campus Security (one additional police
officer)
Student Affairs Total
$128,000
What Did We Fund?
Campus-Wide Approved Requests for Funding
Division/Approved Funding
University Advancement
University Advancement - VP
Office/Enrollment Campaign
Capital Development Officer Advancement
University Advancement Total
Total
$265,000
$80,000
$345,000
What Did We Fund?
Campus-Wide Approved Requests for Funding
Division/Approved Funding
Administrative Affairs permanent funding
for 5 one-time funded positions
Total
$250,000
What Did We Fund?
Campus-Wide Approved Requests for Funding
Division/Approved Funding
President’s Division
Total
Enrollment Management Admissions/OEM Operating Budget
Diversity Training
$500,000
President’s Division Total
$522,000
Total Approved Requests
$22,000
$3,290,000
How Do We Fund The Cost Increases?
Campus-Wide Reallocation
To FY2004-05 Base Budget
Academic Affairs
Student Affairs
University Advancement
Administrative Affairs
President’s Division
All University
Total Reallocations
($1,726,628)
($296,723)
($63,941)
($510,530)
($175,518)
($383,130)
($3,156,470)
How Do We Use Our Money?
Recap
Total Increase in Funds
$5,818,594
Mandatory Costs
($5,685,064)
Approved Requests
($3,290,000)
Necessary Reallocation
($3,156,470)
Divisional Base Budgets
Academic Affairs
Administrative Affairs
Student Affairs
University Advancement
President’s Unit
All University
Total
$48,556,013
$10,654,542
$6,877,908
$1,703,004
$5,099,818
$16,841,567
$ 89,732,852
Questions?