Transcript Planning, Budget and Forecast

Planning, Budget and Forecast
Presented to Financial Area Reps
by Mary Simon, Sr. Director Budget and Planning
April 25, 2013
AGENDA
Planning, Budget and Forecast
 Tuition and Student Fees - Revenue Overview
 Paying Semester Credit Hours
 SCH computed by Semester
 Annual Trends by type
 Mid-Year FY13 and Budget Status FY14
 Budget 2014 Pending Outcomes and Next Steps
Tuition and Student Fees
Budget 2013
FRCST 2013
% Chg
Budget 2014 *
$150,602
46,385
104,217
$157,596
52,420
105,176
4.6%
13.0%
0.9%
$154,022
48,579
105,443
299
288
-3.6%
300
$68,615
40,373
28,242
$68,430
40,275
28,155
-0.3%
-0.2%
-0.3%
$69,068
40,267
28,801
Desig. Program, Course Fees
Auxiliary Student Parking Srvs
$25,164
21,644
3,520
$25,953
22,433
3,520
3.1%
3.6%
0.0%
$25,520
21,530
3,768
TUITION AND STUDENT FEES
$244,680
$252,267
3.1%
$248,688
TOTAL Tuition
Statutory Tuition
Designated Tuition
Lab & Supplemental Fees
TOTAL Mandatory Student Fees
Desig. -Mandatory Student Fees
Auxiliary - Mandatory Fees
TOTAL Incidental Student Fees
* Preliminary estimate based on 701,000 paying SCH; currently under review for final FY 2014 SCH projections
Paying Semester Credit Hours
800
700
693.1
714.3
728.0
707.3
(in thousands)
600
500
Grad Non Res
400
Grad Res
300
UG Non Res
200
UG Res
100
0
FY 2010
FY 2011
FY 2012
Frcst FY 2013
Certified “Paying” SCH and Headcount
Actual FY 11-12
Fall HC Fall 2011
Spring
HC
UG - Res
24,505
301,871
22,581
UG - NR
780
10,628
875
G - Res
3,585
23,191
3,358
G - NR
264
1,869
296
2,133
143
614
Doctoral Res
681
5,018
646
4,725
398
1,334
Doctoral NR
17
82
14
64
10
26
Total FY 12
29,832
342,659
27,770
319,379 11,033
65,976 68,635
100.0%
Frcst FY13
29,152
338,248
26,955
309,440 10,044
59,602 66,041
--
707,290
--
*BUDGET 14
28,741
333,324
26,694
308,074 10,044
59,602 66,041
--
701,000
--
Spring 2012
Sum
HC
278,481 8,170
12,054
454
21,922 1,858
Sum 2012 Totals HC
52,130 55,256
%
HC
Total
SCH
%
SCH
80.5%
632,482
86.9%
2,714
2,109
3.1%
25,396
3.5%
9,158
8,801
12.8%
54,271
7.5%
703
1.0%
4,616
0.6%
1,725
2.5%
11,077
1.5%
41
0.1%
172
0.0%
* Preliminary Estimate at 701,000 SCH which may increase slightly based on Forecast FY 2013
728,014 100.0%
Mid Year FY 13 and Budget FY14 Status
Revenue Projections & Assumptions
Mid Year Revenue Adjustments FY13

Current Year Forecast Revenue Projections FY13 were provided to fee
administrators in Feb/March and recorded as budget adjustments.
Budget Status FY14

Tuition and Mandatory Fee Revenue Projections FY14 based on holding at FY
2013 levels of paying SCH

Final FY 14 Projections expected following BOR (May 9th) and review of
SUMMER SCH and enrollment projections for FALL 2014
- New enrollment criteria beginning FALL 2014

Updates to the BUD documents FY 14 for changes in Revenue projections will
be processed by Budget Office and communicated to fee administrators
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Budget 2014
Pending Outcomes and Next Steps
 Divisional funding requests will be coordinated by VPBA Office
during first half of May
 Pending 83rd Legislative Budget Outcome for FY 14 Base Budget
Adjustments expected in mid-late May timeframe
 Next meeting of University Strategic Planning Resource Committee
on May 28th to review resources and requirements for
recommendation to CMO
 2014 Budget Goals and Priorities Hearing with UT System
scheduled on June 6th
 2014 CMO Allocations and required updates will be made by the
Budget Office for Final Budget submission due July 19th
 BOR approves Operating Budgets August 21-22
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