financial sustainability for the university
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FINANCIAL SUSTAINABILITY FOR THE UNIVERSITYA Blueprint for U.P. Manila
By
Prof. Roland G. Simbulan*
Professor 12 in Development Studies and Public ManagementCollege of Arts & Sciences, U.P. Manila
*former Vice Chancellor for Planning and Development, U.P. Manila
*former Faculty Regent, U.P. Board of Regents, U.P. System
COMPARISON OF U.P. SYSTEM BUDGET FOR 2011 AND 2010 BY EXPENSE CLASS (IN THOUSAND PESOS)
CY 2011 PS MOOE CO TOTAL
CUs 3,782,634 576,935 0 4,359,569
PGH 1,089,211 303,188 0 1,392,399
TOTAL 4,871,845 880,123 0 5,751,968
CY 2010 PS MOOE CO TOTAL
CUs 3,323,262 628,361 1,233,435 5,185,058
PGH 952,272 729,971 49,500 1,731,743
TOTAL 4,275,534 1,358,332 1,282,935 6,916,801
DIFFERENCE
596,311 (478,209) (1,282,935) (1,164,833)
%Increase(Decrease)
13.9% -35.2% -100.0% -16.8%
Source: U.P. System Office of the Vice President for Planning and Finance
SOURCES OF U.P. SYSTEM
FUNDS
1. GENERAL FUND (GF)
The annual government subsidy used to finance the basic operations of the U.P. System
2. REVENUE/REVOLVING FUND (RF)
Budget derived from income earned by the U.P. System and the CUs, and available for expenditure under E.O. 714. This includes income from interest income, rental income, tuition, hospital fees, legal research fees, fees from residence halls, dorms, income from other auxiliary services and other miscellaneous sources
3. TRUST FUNDS
Funds which have come officially into the possession of U.P. Manila as trustee, agent, or administrator, or which have been received for the fulfilment of an obligation
U.P. Manila Academic Units and PGH : 2011 Current Operating Expenditures by Source
(General Fund & Revolving Fund )
General Fund Revolving Fund
U.P. Manila Academic Units including Central Administration:
P 502.8 Million P 81.6 Million
Philippine General Hospital: P1.392 Billion P 539.5 Million
Source: UPM Budget Office
Strategies and Action Plans for the University's
Financial Sustainability
1. All year-round aggressive lobbying for increased State Investment for U.P. and public education in general, since we should maintain the PUBLIC CHARACTER OF U.P. AS A NATIONAL, PREMIER, STATE UNIVERSITY UNDER THE 2008 U.P. CHARTER.
2. "Sticking to one's knitting" and "back to the basics" in the focus of academic units which should concentrate on their areas of competence and not be drawn into activities such as basic education skills training, community service, etc. that dissipate the University's energies and resources. Academic units are not in the business of community service. Let PGH be the service unit of U.P. Manila.
3. Discourage proliferation of overlapping programs; encourage programs that can integrate disciplines, pull resources together across units or offer integrated programs that capture the richness and uniqueness of our culture and interrelated elements.
Strategies and Action Plans for the University's
Financial Sustainability
4. Improve administrative efficiency, cut down on resource wastage.
5. Interdisciplinary cooperation to produce as output instructional materials and multi-media content that can be patented, copyrighted to generate income in a globalized academic environment.
6. Creation and strengthening of a Publications Office for U.P. Manila to disseminate scholarship, and aggressive marketing of UPM copyrighted material.
7. Strengthen networking with global philanthropic foundations.
8. Funds from Alumni and Friends of U.P. Manila.
9. Business Center/ Office Concept for UPM Memorabilia, souvenirs, etc..