2009-10 annual budget - northern kentucky university...k. keith kaseke . dennis repenning . brenda...

ANNUALBUDGET

2010-2011

1

TABLE OF CONTENTS Table of Contents .......................................................................................................................................... 1

NKU Board of Regents and Executive Team ................................................................................................. 2

Acknowledgements ....................................................................................................................................... 3

Presidential Recommendation to the Board of Regents .............................................................................. 4

Summary of FY 2010-11 Unrestricted Revenues and Expenditures ............................................................. 5

Budget Context ......................................................................................................................................... 6

Sources of Funds ....................................................................................................................................... 8

Total Public Funds (Tuition and Fees Plus State Appropriation – Regular) ........................................ 10

Other Centrally Distributed Revenues ................................................................................................ 12

Net Assets (University Fund Balance) ................................................................................................. 12

Dedicated Revenues ........................................................................................................................... 13

Uses of Funds .......................................................................................................................................... 14

Budget Cuts ......................................................................................................................................... 14

Essential Expenditures and Notable Investments in Strategic Priorities ............................................ 14

Breakdown of Expenditures ................................................................................................................ 18

Academic Affairs Expenditure Budget .......................................................................................................... A

Administration and Finance Expenditure Budget ......................................................................................... B

General Administration Expenditure Budget ................................................................................................ C

Institutional Expense Expenditure Budget.................................................................................................... D

Planning, Policy, and Budget Expenditure Budget ........................................................................................ E

Student Affairs Expenditure Budget ............................................................................................................. F

University Advancement Expenditure Budget ............................................................................................. G

Research Foundation ....................................................................................................................................H

2

NKU BOARD OF REGENTS AND EXECUTIVE TEAM

Board of Regents FY 2009-10

Nancy A. Barone, Chair

Terry L. Mann, Vice Chair

Denise H. McClelland, Secretary

Eric M. Brose

Charles H. Brown

Martin C. Butler

Joyce E. Griffin

Charles E. Hawkins

K. Keith Kaseke

Dennis Repenning

Brenda L. Wilson

President’s Executive Team

James C. Votruba

President

Zebulun R. Davenport

Vice President for Student Affairs

Kimberly A. Luse

Executive Assistant to the President for Special Projects/

Secretary to the Board of Regents

Sue Hodges Moore

Vice President for Planning, Policy and Budget

Kenneth H. Ramey

Vice President for Administration and Finance/Treasurer

Sara L. Sidebottom

Vice President for Legal Affairs and General Counsel

Gerard A. St. Amand

Vice President for University Advancement

Gail W. Wells

Vice President for Academic Affairs and Provost

Joseph E. Wind

Vice President for Government and Community Relations

3

ACKNOWLEDGEMENTS

Budget Office

Kenneth Kline, Budget Director

Angela Schaffer, Associate Budget Director

Kim Schave, Budget Analyst

Mayme Chow, Coordinator

This publication was prepared by Northern Kentucky University and printed with state funds (KRS 57.375).

Equal Education and Employment Opportunities M/F/D

4

PRESIDENTIAL RECOMMENDATION TO THE BOARD OF REGENTS Presidential Recommendation: C-10

RECOMMENDATION:

That the Board of Regents approve the following resolution establishing and approving the Fiscal Year

2010-11 Unrestricted Current Fund Annual Operating Budget for Northern Kentucky University.

Recommendation relating to Fiscal Year 2010-11 Budget, Northern Kentucky University, Board of

Regents, May 5, 2010:

Be it resolved that, upon due consideration of the recommendation of the President, the Unrestricted

Current Fund Annual Budget for Northern Kentucky University is hereby established and approved in an

amount totaling $198,000,000 for the fiscal year beginning July 1, 2010, and ending June 30, 2011,

subject to the realization and receipt of revenue totaling a like amount. Included in the $198M is

$47,555,100 in Regular State Appropriation (excludes Debt Service and FY 2011 Stimulus Funds). The

university has estimated the Regular State Appropriation since the General Assembly has not yet passed

a Budget Bill for FY 2011. Once a Budget Bill is approved by the State for FY 2011, the university will

adjust spending plans accordingly.

Acting in the capacity of chief executive officer of the University and on behalf of the Board of Regents,

the President shall have printed the detailed budget of the University embodying this authorization and

indicating the various budgets of individual units and the subsidiary expenditure categories. In addition,

the President is authorized to approve adjustments between the budget authorizations when such

action appears, in his judgment, to represent the best interests of the University. However, any

adjustment which alters the unrestricted current fund budget authorization of $198,000,000 shall be

submitted to this Board for approval at its next regular meeting.

In the event that projected current fund revenue is not sufficient to equal authorized unrestricted

current fund expenditures, the President shall take appropriate measures to reduce budgeted

expenditure authorizations by amounts sufficient to insure that unrestricted current fund expenditures

do not exceed available revenue.

The President is authorized to allocate and expend University net assets for such purposes deemed to

be in the best interest of the University and necessary to support, protect, maintain or enhance the

functioning of the University and its physical environs. The President shall report such expenditure

authorizations to the Board periodically.

In the incurrence of financial obligations and the expenditure and disbursement of University funds

available under this authorization, all University units and University personnel or agents shall adhere to

and observe applicable laws, regulations, and policies of both the Commonwealth of Kentucky and the

University, which govern and control the expenditure of funds. Administrators of the various units shall

not authorize nor incur any financial obligation in excess of the budget authorizations.

5

SUMMARY OF FY 2010-11 UNRESTRICTED REVENUES AND EXPENDITURES

Sources of Funds FY 2010/11 Percent of Total

Governmental Appropriation – Regular $ 47,555,100 24.00% Governmental Appropriation – Debt Service 2,746,000 1.39% Tuition 119,393,000 60.40% Other Fees 81,000 0.04% Sales and Service of Auxiliary Enterprises 12,508,038 6.27% Sales and Service of Educational Activities 4,518,321 2.29% Other Sources 6,645,141 3.31% Net Assets 4,553,400 2.30%

Total Revenues $ 198,000,000 100.00%

Expenditures by Major Object FY 2010/11 Percent of Total

Personnel $ 91,533,396 46.23% Benefits 27,700,969 13.99% Operating 40,818,949 20.62% Capital 5,480,613 2.77% Utilities 7,926,518 4.00% Student Financial Aid 12,163,012 6.14% Transfers (Debt Service) 11,039,309 5.58% Transfers (Other) 1,337,234 0.67%

Total Expenditures $ 198,000,000 100.00%

Expenditures by Major Function FY 2010/11 Percent of Total

Education and General Instruction $ 68,301,335 34.50% Research 171,018 0.09% Public Service 8,087,070 4.08% Libraries 5,955,484 3.01% Academic Support 20,245,308 10.22% Student Services 13,924,044 7.03% Institutional Support 32,209,342 16.27% Operation & Maintenance of Plant 17,682,531 8.93% Student Financial Aid 11,994,325 6.06% Mandatory Transfers 5,236,748 2.64% Non-Mandatory Transfers 1,234,757 0.63%

Total Education and General 185,041,962 93.46%

Auxiliary Enterprises Student Services $ 6,884,313 3.47%

Student Financial Aid 168,687 0.09%

Transfers 5,905,038 2.98%

Total Auxiliary Enterprises $ 12,958,038 6.54%

Total Expenditures $ 198,000,000 100.00%

Budget Highlights and Analysis

6

BUDGET CONTEXT

The FY 2010-11 Annual Budget is the outcome of a collaborative process guided by both the university’s

Business Plan “It’s All About Talent” and the university’s 2007-12 Strategic Agenda “The Talent

Imperative!” (these documents can be found at http://president.nku.edu). The Business Plan details our

plan to achieve the statewide 2020 Public Agenda and support Northern Kentucky Vision 2015 goals.

However, continuing cuts in state appropriations as well as limits on tuition increases have constrained

progress on both our Business Plan and our Strategic Agenda. Our shortfall in budgeted total public

funds (tuition plus regular state appropriations) based on projected need in the Business Plan for FY11

equals $12 million. Given the financial environment the university has faced the past several years, we

have aggressively managed our resources to continue to progress toward our long-term goals.

Since FY2008-09, we have reallocated nearly $10 million to fund both essential expenditures and

strategic initiatives. Major investments include creation of a College of Health Professions, opening of

three new buildings on campus, investments to increase student retention, and upgrades to our

technology systems. During this time, we completed our SACS re-accreditation process as well as

implemented a new SAP financial, human resources, and campus management system. We anticipate

receiving positive financial results in the future as we leverage our new SAP system to increase

efficiencies while improving performance.

As we consider our long-term goals for degree production, the university recognizes that substantial

changes are necessary if we are to achieve these goals. We do not anticipate significant increases in

state funds in the near future. Current projections indicate state revenues will not return to FY08

nominal levels until FY12. However, looking past FY12, increasing demands on state funds from

Medicaid, pension obligations, and debt obligations will likely mean continued depressed levels of

discretionary funds available. Given this assumption, we have embarked on a long-term strategy for

financial stability. While details of this strategy are under development, the university is focused on the

following strategic initiatives:

Continue our process for budget restructuring, realignment, and reinvestment.

Revisit our strategic priorities in light of major changes in our environment.

Continue to place a campus-wide priority on degree production and time to degree.

Reduce administrative infrastructure wherever possible.

Maximize instructional output in the form of student credit hours generated.

Take advantage of opportunities for online/technology-enhanced courses and programs.

Identify innovative and entrepreneurial initiatives that support student learning and accrue

revenue to the university.

Establish student credit hour expectations for colleges and departments based on faculty

resource base and public demand for graduates.

Make more efficient use of classrooms.

http://president.nku.edu/


7

Redesign work where possible: consolidate, streamline, and eliminate.

Reallocate resources in order to invest in areas vital to our future.

Ensure strong alignment of planning, assessment, improvement, and investment at all levels.


8

SOURCES OF FUNDS

The university’s annual budget contains projected revenues and planned expenditure of fund balance

for all university funding sources with the exception of State funded capital projects, the NKU Research

Foundation (affiliated corporation), and the NKU Foundation (unaffiliated corporation). From a central

budgeting perspective, expenditures from each of these sources of revenue are budgeted through a

separate process. However, the university takes an all-funds approach to expenditure budgets at the

unit level. Each Vice President allocates funds amongst units in their area considering all sources of

revenue available to a unit. This approach continues at each level of the organization, i.e. a Dean will

allocate expenditure budgets to each academic department considering all sources of funds available to

each academic department.


9

For the FY 2010-11 Annual Budget, total sources of funds are planned to decrease by $2 million over FY

2009-10. This includes the enacted regular State Appropriations plus a representative amount of federal

stimulus funds included as net assets which will be reported as part of the university’s restricted

expenditures in the university’s financial reports.

Governmental Appropriation-

Regular24.00%

Governmental Appropriation-Debt Service

1.39%

Tuition60.40%

Other Fees0.04%

Sale and Services of Educational

Activities2.29%

Sale and Services of

Auxiliary Enterprises

6.27%

Other Sources3.31%

Net Assets2.30%

Revenues by Source


10

TOTAL PUBLIC FUNDS (TUITION AND FEES PLUS STATE APPROPRIATION – REGULAR) Tuition continues to remain the university’s primary revenue source. Resident undergraduate tuition

rates are increasing 5% for AY 2010-11. Tuition revenue is projected to increase $7.1 million over the

prior fiscal year. The university has become significantly less reliant on state funds to operate the

institution over the past nine years. In FY 2001-02, regular state appropriation comprised 45% of our

total public funds. For the FY 2010-11 budget, regular state appropriations will account for just 28% of

our total public funding. As illustrated in the graph below, the university is currently receiving less state

funds per FTE student than at any other time in the past nine years on an inflation adjusted basis.

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Rev

enu

e p

er F

TE (

$)

Tuition and Regular State Appropriation per FTE Inflation Adjusted*

Tuition per FTE

SA per FTE

* HECA Inflation Adjusted, 2009 base year, Fall FTE figures used for calculations.


11

As state appropriations continue to become a much smaller percentage of our overall budget, the

university continues to seek other sources of revenue. Over the past eight years, other sources of

revenue have grown from 5% to 9% of our annual budget. However, in many cases, the use of this

revenue is restricted and cannot be used to fund general operations. In addition, the activities necessary

to acquire this revenue often have costs associated with them, such as operating the Bank of Kentucky

Center.

State Appropriation

Tuition Revenue

Other Sources

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

FY02-03 FY03-04 FY04-05 FY05-06 FY06-07 FY07-08 FY08-09 FY09-10

Tuition Revenue and SA as a % of Budget (excluding SA Debt Service and Auxiliaries)

5%

41%26%

65%54%

5%

41%26%

65%54%

5%

41%26%

65%54%

5%

41%26%

65%54%

9%


12

2.1M

Other Centrally Distributed Revenues

OTHER CENTRALLY DISTRIBUTED REVENUES Other Central Revenues total $2.1M and represent 1%

of the FY 2010-11 annual budget. These revenues

include all other unrestricted revenue sources that are

controlled centrally such as:

• Investment Earnings

• Flex Payment Plan Revenues

• Application Fees

• Credit Card Fees

• Registration Fees

• Administrative Cost Reimbursement from Federal

Financial Aid programs

These revenues are budgeted as central sources of

revenue to expenditure units throughout the university.

For FY 2010-11, other central revenues are budgeted to

increase by $150K over budgeted FY 2009-10.

NET ASSETS (UNIVERSITY FUND BALANCE) The FY 2010-11 budgeted university fund

balance allocation plus state allocated federal

stimulus funds supports $4.6M in budgeted

nonrecurring expenditures. Net Assets

represent 2% of the FY 2010-11 Annual

Budget.

4.6M

Net Assets


13

DEDICATED REVENUES Dedicated revenues consist of university dedicated

revenues as determined by university policies,

auxiliary revenues, and state appropriation debt

service. For FY 2010-11, dedicated revenues

account for 12% of our operating budget.

UNIVERSITY DEDICATED REVENUES = $9.1M

Revenues collected for specific purposes and

budgeted directly into units such as:

• Course Fees for consumables, software, etc.

• Optional Service Fees and User Fees

• Revenue units such as the Bank of Kentucky

Center, Center for Applied Ecology, Parking

Services, Summer Camps, and Music Fees

AUXILIARY REVENUES = $12.5M

Auxiliary revenues can only be spent on auxiliary operations and are generated through bookstore, food

service, child care, vending, and residential operations.

STATE APPROPRIATION DEBT SERVICE = $2.75M

State Appropriation Debt Service accounts for debt service on state funded capital projects.

24.4M

Dedicated Revenues


14

USES OF FUNDS

BUDGET CUTS Each Vice President was required to meet a recurring budget reduction target totaling $1.2M to cover

essential expenditures and cuts in state appropriations. Targets were based on each division’s

percentage share of the FY 2009-10 adjusted recurring base budget (fixed costs, auxiliary operations,

revenue units, and the Kentucky Center for Mathematics were removed from the base). In addition to

budget cuts, units reallocated existing funds to invest in high priority areas consistent with their unit

alignment plans.

ESSENTIAL EXPENDITURES AND NOTABLE INVESTMENTS IN STRATEGIC PRIORITIES

Information Technology = $1,117,000

$667,000 in recurring funding and $450,000 in non-recurring funding is provided for the university’s

disaster recovery initiative, enhancements to IT security, and an integration specialist position

committed to supporting advanced technologies in Griffin Hall.

Increase in scholarships = $557,135

Increased funding is provided for institutional scholarships and waivers. In addition, the university

has committed to funding the Northern Difference Grant and the KCTCS Transfer Scholarship

program this fiscal year regardless of the number of students who qualify. This $557,135 investment

excludes budgeted increases in expenses for the faculty and staff tuition benefit programs.

ERP continuing operations and expenses = $427,467

$427,467 in new recurring funding is provided to support information technology expenses related

to continuing operations for the SAP ERP system.

Online programs and courses = $500,000

Non-recurring funds are provided in support of expansion of on-line programs and courses. This is

the first year of a two year commitment.

Temporary back-office functional positions = $358,901

Non-recurring continuation funds are provided to Enrollment Management, Human Resources and

the Comptroller’s Office to support operations and complete the transition to the SAP ERP system.

With project funding ending 6/30/10, additional funding is provided to extend the transition period

beyond the end of the project.


15

Quality Enhancement Plan (QEP) = $124,910

Recurring funds are provided in support of the university’s Quality Enhancement Plan.

NKU Connect and Persist (UCAP) = $172,624

Recurring funds are provided for the NKU Connect and Persist student retention initiative.

Doctorate of Nurse Practice and Acute Care Nurse Practitioner Programs = $223,722

Recurring funds are provided for two faculty positions in support of the new Doctorate of Nurse

Practice program and the new Acute Care Nurse Practitioner program.

Campus Recreation Center = $134,251

Non-recurring funds are provided for an equipment replacement funds, increased student

employment and facility renovations. This funding is provided as requested by the Student

Government Association through a resolution passed on April 12, 2010.

Interpreter Services / Accommodations for the Deaf and Hard of Hearing - $85,000

Recurring funds are provided for federally mandated interpreter services / accommodations to meet

federal requirements. These funds are needed primarily as a result of cuts in state funds for

providing these services.

Data Quality and Compliance Analyst = $53,100

Non-recurring funds are provided for a data quality and compliance analyst in the Office of

Institutional Research. This is the first year of a three year commitment to fund the position.

Insurance Audit = $40,000

Non-recurring funds of $40,000 are provided to fund an insurance audit to determine the insurance

needs and appropriate insurance levels for all NKU insurances.

Student Union A/V Contract = $37,659

Recurring funds are provided to cover the cost of the service agreement for AV equipment in the

Student Union.

NCATE Accreditation Visit = $37,240

Non-recurring funds are provided in support of expenses related to NCATE accreditation visits.


16

Automatic External Defibrillators = $13,730

$6,500 in recurring funds and $7,230 in non-recurring funds are provided to establish an ongoing

purchase, maintenance and replacement program for automatic external defibrillators across

campus.

KERS rate increase = $1,800,000

The state has increased KERS employer contribution rate to make-up for shortfalls in the KERS

pension fund. Legislation was passed to increase rates gradually over the next 10 years to fully fund

the KERS pension fund. Given our current salary base and the state’s current actuarial calculations,

NKU contributions are expected to double by FY24.

Increase in Fixed Costs and Other Nondiscretionary Expenditures = $3,056,498

Nondiscretionary expenditures include institutional fixed costs and semi-fixed costs such as debt

service, insurance, maintenance contracts, utilities, bad debt, budget corrections, technical

adjustments and other essential university expenditures.

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

FY1

1

FY1

2

FY1

3

FY1

4

FY1

5

FY1

6

FY1

7

FY1

8

FY1

9

FY2

0

FY2

1

FY2

2

FY2

3

FY2

4

Impact of Projected KERS Increases on the FY11 Salary Base

Assumes KERS phase-in of full actuarially required contribution rates applied to FY11 KERS budget.

Hazardous

Non-Hazardous


17

University Contingency = $450,000

A university contingency of $450,000 is budgeted for FY 2010-11. These funds are reserved for

unanticipated expenditures during the fiscal year and authorized by the President.

Budget Contingency = $3,500,000

A budget contingency of $3.5 million is budgeted for FY 2010-11. In the event that a budget

reduction is required in FY 2010-11, Northern Kentucky University will be well prepared to respond

without interrupting operations.


18

BREAKDOWN OF EXPENDITURES One way the university tracks how we spend our funds is expenditures by PCS code, or Program

Classification Structure. This provides the university with an understanding of how much we are

investing in instruction versus other university functions. Over the past 8 years, the university has

intentionally continued to invest the largest proportion of our investment funding in instruction.

Mandatory Transfers

Research

Libraries

Public Service

Student Services

Academic Support

Institutional Support

Instruction

-5% 0% 5% 10% 15% 20% 25% 30% 35% 40%

% of Change in Educational and General Expenditures by PCS

FY2001-02 through FY2008-09

Nonmandatory Transfers

Scholarships / Fellowships

Operation and Maintenance


19

Instruction, Research, Public

Service38.67%

Academic Support & Libraries

13.23%

Student Services7.03%

Institutional Support16.27%

Operation & Maintenance of

Plant8.93%

Student Financial Aid

6.06%

Auxiliary Enterprises

6.54%

Transfers - Debt Service E&G

2.64% Transfers - Other E&G

0.63%

Expenditure by Major Function


20

Personnel /Fringe Benefits60.22%Operating

20.62%

Capital2.77%

Utilities4.00%


6.14%

Transfers - Debt Service5.58%

Transfers - Other0.67%

Expenditures by Major Object Code


21

Academic Affairs54.14%

Administration & Finance11.16%

General Admin/General

Inst7.49%

Planning, Policy and Budget

0.73%

Student Affairs4.89%

University Advancement

2.36%

Contingency0.23%


6.06%

Utilities - E&G3.41%

Debt Service3.27%

Auxiliaries6.27%

Expenditure by Major Area / Selected Functions

Academic Affairs

Academic Affairs

Annual Budget Recurring ($)

Annual Budget NonRecurring ($)

Total Annual Budget ($)

Personnel

Staff Administrative Payroll 18,192,186 0 18,192,186

Faculty Payroll 47,316,967 500,000 47,816,967

Fringe Benefits 17,914,764 0 17,914,764

Student Compensation 1,260,128 19,264 1,279,392

Subtotal 84,684,045 519,264 85,203,309

Operating

Pooled Operating 5,045,450 327,287 5,372,737

NonPooled Operating & Contract Srvcs 11,530,206 7,836 11,538,042

Utilities 111,500 0 111,500

Subtotal 16,687,156 335,123 17,022,279

Capital 4,630,612 450,000 5,080,612

Scholarships 10,350,033 0 10,350,033

Total Expenditure Budget 116,351,846 1,304,387 117,656,233

Revenues (4,842,633) 0 (4,842,633)

Total Central University Support 111,509,213 1,304,387 112,813,600

Budgeted FTE - Faculty 597

Budgeted FTE - Administration/Staff 359.75

A-1

Academic Affairs

Academic Affairs (excluding colleges)



Total Annual

Budget ($)

Personnel


Faculty Payroll 5,492,336 500,000 5,992,336

Fringe Benefits 5,783,366 0 5,783,366

Student Compensation 948,152 0 948,152

Subtotal 24,932,371 500,000 25,432,371

Operating


NonPooled Operating & Contract Srvcs 7,157,228 0 7,157,228

Utilities 111,500 0 111,500

Subtotal 9,463,895 324,983 9,788,878

Capital 3,996,230 450,000 4,446,230

Scholarships 9,012,717 0 9,012,717

Total Expenditure Budget 47,405,213 1,274,983 48,680,196

Revenues (4,172,945) 0 (4,172,945)

Total Central University Support 43,232,268 1,274,983 44,507,251



A-2

Academic Affairs

College of Arts & Sciences



Total Annual

Budget ($)Personnel


Faculty Payroll 19,282,176 0 19,282,176

Fringe Benefits 5,585,006 0 5,585,006


Subtotal 27,000,267 0 27,000,267

Operating

Pooled Operating 1,421,740 0 1,421,740

NonPooled Operating & Contract Srvcs 778,728 0 778,728

Utilities 0 0 0

Subtotal 2,200,468 0 2,200,468

Capital 0 0 0

Scholarships 68,956 0 68,956

Total Expenditure Budget 29,269,691 0 29,269,691

Revenues (557,270) 0 (557,270)

Total Central University Support 28,712,421 0 28,712,421



A-3

Academic Affairs

Haile/US Bank College of Business



Total Annual

Budget ($)Personnel

Staff Administrative Payroll 667,765 0 667,765

Faculty Payroll 6,183,041 0 6,183,041

Fringe Benefits 1,629,516 0 1,629,516


Subtotal 8,506,757 0 8,506,757

Operating

Pooled Operating 609,295 0 609,295


Utilities 0 0 0

Subtotal 635,713 0 635,713

Capital 0 0 0


Revenues (36,000) 0 (36,000)




A-4

Academic Affairs

College of Education and Human Services



Total Annual

Budget ($)Personnel


Faculty Payroll 4,512,542 0 4,512,542

Fringe Benefits 1,356,426 0 1,356,426

Student Compensation 52,767 19,264 72,031

Subtotal 6,429,730 19,264 6,448,994

Operating

Pooled Operating 151,205 10,140 161,345


Utilities 0 0 0

Subtotal 325,223 10,140 335,363

Capital 3,200 0 3,200

Total Expenditure Budget 6,758,153 29,404 6,787,557

Revenues (8,268) 0 (8,268)

Total Central University Support 6,749,885 29,404 6,779,289


Budgeted FTE - Administration/Staff 13

A-5

Academic Affairs

College of Health Professions



Total Annual

Budget ($)Personnel


Faculty Payroll 3,405,760 0 3,405,760

Fringe Benefits 859,444 0 859,444


Subtotal 4,576,806 0 4,576,806

Operating



Utilities 0 0 0

Subtotal 109,019 0 109,019

Capital 0 0 0


Revenues (30,150) 0 (30,150)




A-6

Academic Affairs

College of Informatics



Total Annual

Personnel


Faculty Payroll 4,670,775 0 4,670,775

Fringe Benefits 1,333,107 0 1,333,107


Subtotal 6,629,266 0 6,629,266

Operating



Utilities 0 0 0

Subtotal 182,270 0 182,270

Capital 0 0 0


Revenues 0 0 0




A-7

Academic Affairs

Chase College of Law



Total Annual

Budget ($)Personnel


Faculty Payroll 3,770,337 0 3,770,337

Fringe Benefits 1,367,899 0 1,367,899


Subtotal 6,608,848 0 6,608,848

Operating



Utilities 0 0 0

Subtotal 3,770,568 0 3,770,568

Capital 631,182 631,182

Scholarships 1,268,360 0 1,268,360


Revenues (38,000) 0 (38,000)




A-8

Administration and Finance

Administration and Finance




Personnel


Fringe Benefits 5,727,791 0 5,727,791


Subtotal 17,371,519 0 17,371,519

Operating


NonPooled Operating & Contract Srvcs 3,007,804 40,000 3,047,804

Utilities 6,477,396 0 6,477,396

Subtotal 12,745,543 126,546 12,872,089

Capital 107,568 0 107,568

Debt Service/Lease Payments 2,205,465 0 2,205,465


Revenues (7,175,427) 0 (7,175,427)



B

General Administration

General Administration*




Personnel

Staff Administrative Payroll 1,116,810 202,210 1,319,020



Subtotal 1,452,003 202,210 1,654,213

Operating



Utilities 0 0 0

Subtotal 257,413 0 257,413



*Includes President's Office, Legal Services, Government and Community Relations, Board of Regents,

and Future Leaders Internship Program

C

Institutional Expense

Institutional Expense




Personnel




Subtotal 2,211,637 0 2,211,637

Operating



Subtotal 11,169,469 0 11,169,469

Capital 0 0 0

Scholarships 29,605 0 29,605



Revenues (390,000) 0 (390,000)


D

Planning, Policy, and Budget

Planning, Policy, and Budget




Personnel




Subtotal 1,385,711 0 1,385,711

Operating



Subtotal 54,120 0 54,120



E

Student Affairs

Student Affairs




Personnel


Faculty Payroll 1,983 0 1,983

Fringe Benefits 1,911,787 0 1,911,787


Subtotal 7,892,747 0 7,892,747

Operating



Utilities 1,337,622 0 1,337,622

Subtotal 6,111,357 107,075 6,218,432

Capital 292,433 0 292,433

Scholarships 1,783,374 0 1,783,374



Revenues (8,814,618) 0 (8,814,618)



F






Personnel


Faculty Payroll 6,000 0 6,000



Subtotal 3,515,230 0 3,515,230

Operating

Pooled Operating 1,061,260 0 1,061,260


Subtotal 1,151,665 0 1,151,665


Revenues (120,825) 0 (120,825)



G

Research Foundation

Research Foundation

The Northern Kentucky University Research Foundation (NKURF) is organized for educational purposes, more specifically to support Northern Kentucky University’s efforts to promote the development, implementation, and coordination of extramurally-sponsored and NKURF-supported programs involving research, instruction, public service, including the administration of conservation easements, and other projects that further the mission of the University.

NKURF is a 501(c) (3) non-profit corporation and is designated to receive, invest, and expend funds to promote and implement scientific and educational activities.

NKURF performs a variety of roles including:

* Serving as the University’s agent for the receipt of external grants and contracts, intellectual property income and other designated income, and conservation easements;

* Overseeing the protection, development, and commercialization of intellectual property;

* Managing special cooperative agreements.

Funding for NKURF programs is derived from multiple sources, including the federal government, state government, and private organizations. These funds include support for direct costs such as salaries, benefits, and other various allocable project expenses as well as facilities and administrative expenses.

In FY10, 131 grants totalling $11,800,039 in new awards were received for research or programs. This represents a 32% increase in the number of grants and a 22% increase in dollars awarded from FY09. During the past eight years, new awards received for research or programs have averaged over $9,500,000 per year, providing substantial support to scholarly research, new and ongoing campus programs, and outreach to Northern Kentucky communities.

H

2009-10 annual budget - northern kentucky university...k. keith kaseke . dennis repenning . brenda...

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