Transcript Tuition Policy Advisory Committee September 30, 2004 DRAFT Total Annual Recurring Funding Requirements ($ in Millions) Operating Budget Requirements 2003-04 $ (0.0) 2004-05 $ 0.0 2005-06 $ 41.7 Repair & Renovation Requirements - - 6.0 Capital Budget Requirements (PENDING) - - - Total Annual Recurring Funding Requirements $ (0.0) $ 0.0 $ 47.7 2006-07 $ $ 69.2 2007-08 2009-10 91.1 $

Tuition Policy Advisory
Committee
September 30, 2004
1
DRAFT
Total Annual Recurring Funding Requirements
($ in Millions)
Operating
Budget Requirements
2003-04
$
(0.0)
2004-05
$
0.0
2005-06
$
41.7
Repair & Renovation
Requirements
-
-
6.0
Capital Budget
Requirements (PENDING)
-
-
-
Total Annual Recurring
Funding Requirements
$
(0.0)
$
0.0
$
47.7
2006-07
$
$
69.2
2007-08
2009-10
91.1
$ 121.2
$ 140.8
12.0
18.0
24.0
28.0
-
-
-
81.2
$
20089
$ 109.1
$ 145.2
$ 168.8
2
DRAFT Operating Forecast
($ in Millions)
STATUS QUO BUDGET SOURCES
GR 2
Tuition & Fees 3,4
AUF
Other 5
TOTAL
2003-04
2004-05 2005-06 2006-07
2007-08
2008-09
2009-10
$297.8
153.0
119.3
68.3
638.5
$291.8
183.6
109.4
59.7
644.5
$291.9
225.0
106.3
65.6
688.7
$298.0
222.7
112.0
61.2
693.8
$298.0
218.2
122.9
63.1
702.2
$304.2
216.5
131.9
65.3
717.9
$304.2
216.9
138.2
67.7
727.0
$310.5
223.3
144.4
70.2
748.4
390.3
248.2
638.5
394.2
250.3
644.4
413.0
275.8
688.8
413.0
275.8
688.8
413.0
275.8
688.8
413.0
275.8
688.8
413.0
275.8
688.8
413.0
275.8
688.8
$0.0
$0.0
($0.0)
$5.0
$13.4
$29.1
$38.2
$59.6
-
-
-
-
-
(14.2)
(9.6)
(5.7)
(2.3)
(29.3)
(19.6)
(13.7)
(4.7)
(45.1)
(30.1)
(22.0)
(7.1)
(61.7)
(41.2)
(30.6)
(9.6)
(79.2)
(52.8)
(39.4)
(12.2)
-
-
-
(3.1)
(3.2)
(3.3)
(3.4)
(3.5)
-
-
-
(11.8)
(12.2)
(12.6)
(12.9)
(13.3)
$0.0
$0.0
($0.0) ($41.7)
($69.2)
($91.1)
($121.2)
($140.8)
1
STATUS QUO USES
Salaries
Other Oper
TOTAL
Net Status Quo Deficit
Quality Requirements Beyond Status Quo
Salary Merit Program (3%) 7
Salary Market Adjustments (2%) 7
Other Operating Expense Increases 6
Reduction of Student/Faculty Ratio 7
Expenses Funded by Incidental Fees (3%)
Faculty Start-up Costs & New Programs
Initiatives
ESSENTIAL OPERATING
BUDGET DEFICIT
2002-03
KEY STATUS QUO BUDGET ASSUMPTIONS
1 - Enrollment decline based on OIR projections
4 - Incidental fees held at 03-04 levels
2 - GR increased at 2.5% per biennium
5 - Indirect Cost increased 5% annually
3 - Tuition: $2 statutory increase in 04-05 & 05-06
to $50 cap
6 - Operating Expenses increased 3% annually
3
DRAFT
R&R / Deferred Maintenance
($ in Millions)
Operating
2003-04
2004-05
2005-06
2006-07
2007-08
20089
2009-10
TOTAL
30.0
32.0
34.0
35.0
36.0
37.0
38.0
242.0
16.0
16.0
16.0
16.0
16.0
107.0
Annual Repair & Renovation
(R&R) Requirement
(-)
Annual R&R Funding
+
Annual Unfunded Amount
=
19.0
16.0
18.0
19.0
20.0
21.0
22.0
135.0
Proposed R&R Funding
Additions*
+
0.0
0.0
6.0
12.0
18.0
24.0
28.0
88.0
Cumulative Deferred
Maintenance
=
19.0
35.0
47.0
54.0
56.0
53.0
47.0
47.0
11.0
16.0
Currently, have $47M in Dererred Maint. Per THECB MP2 schedule on 5/18/2004
4