Transcript 2013-14 OPERATING FUND BUDGET SACRAMENTO STATE State of California 2013-14 Budget Governor’s Approved Budget – As of July 30 2012-13 2013-14 Prior-year Balance -1.658 billion .872 billion Revenues &

2013-14
OPERATING FUND BUDGET
SACRAMENTO STATE
State of California 2013-14 Budget
Governor’s Approved Budget – As of July 30
2012-13
2013-14
Prior-year Balance
-1.658 billion
.872 billion
Revenues & Transfers
98.195 billion
97.098 billion
Total Resources Available
96.537 billion
97.970 billion
Total Expenditures
95.665 billion
96.281 billion
Fund Balance
.872 billion
1.689 billion
Encumbrances
.618 billion
.618 billion
Reserve
.254 billion
1.071 billion
Last Year’s Perspective
“Shall those who’ve been blessed beyond imagination give back
one or two or three percent for the next seven years, or shall we
take billions out of our schools and colleges to the detriment of
the kids standing behind us and the future of our state?”
– Governor Edmund (Jerry) G. Brown Jr.
CSU Funding Changes
• $125 million received for the rollback of the 2012/13
tuition fee increase of 9.1%. On-going funds received
help offset that gap.
• The enacted budget supports $125.1 million General
Fund spending plan increase:
– Mandatory cost increases - $48.2 million (health benefit premium
increases, energy cost increases, and 2011/12 through 2013/14
operations and maintenance of new space)
– Employee compensation pool - $38.0 million
– 1.45% (system wide) enrollment growth - $21.7 million
– Student access and success initiatives - $7.2 million
– Innovative use of technology and online courses to address course
“bottlenecks” - $10 million
CSU Budget History
Source: http://blogs.calstate.edu/budgetcentral/wp-content/uploads/2013/08/slide2.jpg
Sacramento State
2013-14 Operating Fund Budget
Sources of Funds
General Fund State Tax Dollars
Student Fees
Federal Work Study
$116,988,137
$141,600,000
$1,000,000
Total
$259,588,137
Sacramento State
2013-14 Operating Fund Budget
Uses of Funds
Divisional Baseline Allocations
All University Expenses
Benefits
Tuition Fee Discounts*
Other Uses (Reserves)
Total
*Formerly State University Grants
$126,211,174
$22,918,487
$61,745,285
$43,292,750
$5,378,075
$259,545,771
Sacramento State – Divisional Baseline Allocations
Operating Budget 2013/14
Planning, Enrollment
Management &
Student Affairs
$10,602,108
President's Office
8.4%
$1,014,078
.8%
Human Resources
$1,750,018
1.4%
University
Advancement
$2,787,447
2.2%
Restricted Program
$3,040,000
2.4%
Total Allocations: $126,211,174
Public Affairs and
Advocacy
$1,363,071
1.1%
IRT
$6,573,359
5.2%
Athletics
$2,651,656
2.1%
ABA
$13,832,847
11.0%
Academic Affairs
$82,596,590
65.4%
Information Resources
• The 2013-14 Budget: California Spending Plan
– http://www.lao.ca.gov/reports/2013/bud/spending-plan/spendingplan-073013.aspx
• Budget and Enrollment Trends Graph
– http://blogs.calstate.edu/budgetcentral/wp-content/uploads/2013
/08/slide2.jpg
• CSU Funding Changes
– http://www.calstate.edu/budget/fybudget/coded-memos/B13-02Memo.pdf