fy13 budget planning
DESCRIPTION
FY13 Budget Planning. Janet Parker, Associate Vice President, Financial Affairs PRESENTATION TO THE UNIVERSITY STRATEGIC RESOURCE PLANNING COUNCIL March 21, 2012. 1. FY13 Budget Planning. SCH basis for revenue projections will continue to be conservative - PowerPoint PPT PresentationTRANSCRIPT
FY13 Budget Planning
FY13 Budget Planning
Janet Parker, Associate Vice President, Financial Affairs
PRESENTATION TO THE UNIVERSITY STRATEGIC RESOURCE PLANNING COUNCIL
March 21, 2012
Janet Parker, Associate Vice President, Financial Affairs
PRESENTATION TO THE UNIVERSITY STRATEGIC RESOURCE PLANNING COUNCIL
March 21, 2012
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FY13 Budget Planning FY13 Budget Planning
SCH basis for revenue projections will continue to be conservative
All new tuition revenue due to rate increases if approved, must be allocated towards the Graduation Rate Improvement Plan and graduate education as detailed in the Tuition & Fee proposal
Limits flexibility for other new funding awards, e.g. merit Possible reductions to state appropriations in the next
biennium beginning FY 14, including changes to formula could have a significant impact to UTSA
SCH Basis for Revenue SCH Basis for Revenue ProjectionsProjections
SCH Basis for Revenue SCH Basis for Revenue ProjectionsProjections
SCH Category FY 12Budget
FY 12 Forecast
FY 13 Budget
Variance (fr FY12 Budget)
Variance (fr FY12
Forecast)
UG Resident 618,190 631,237 622,000 3,810 <9,237>
UG Non Resident 14,500 23,774 16,000 1,500 <7,774>
Subtotal UG 632,690 655,011 638,000 5,310 <17,011>
GR Resident 58,650 63,276 59,340 690 <3,936>
GR Non Resident 3,660 4,345 3,660 0 <685>
Subtotal GR 62,310 67,621 63,000 690 <4,621>
TOTAL ALL SCH 695,000 722,632 701,000 6,000 <21,632>
Equivalent to ~560 FTE UG and ~500 FTE GR)
Designated TuitionDesignated TuitionRevenue Projections Revenue Projections
(Tuition & Fee Proposal is approved intact)
Designated TuitionDesignated TuitionRevenue Projections Revenue Projections
(Tuition & Fee Proposal is approved intact)
SCHFY 12 Rate
FY 13 Rate
Rate Change
New Revenue –
Rate Change
New Revenue
– SCH Growth
Total
Undergraduate
$142.75 $150.25 $7.50 $4,745,175 $797,828 $5,543,003
Graduate $142.75 $159.50 $16.75 $1,043,693 $110,055 $1,153,748
Total
$5,788,868 $907,883 $6,696,751
Statutory TuitionStatutory TuitionRevenue Projections Revenue Projections
Statutory TuitionStatutory TuitionRevenue Projections Revenue Projections
SCHFY 12 Rate
FY 13 Rate
Rate Change
New Revenue –
Rate Change
New Revenue
– SCH Growth
Total
UG Resident $50 $50 $0 $0 $190,500 $ 190,500
UG Non Resident $363 $401 $38 $551,000 $601,500 $1,152,500
Subtotal UG
$551,000 $792,000 $1,343,000
GR Resident $100 $100 $0 $0 $69,000 $69,000
GR Non Resident $726 $802 $76 $278,160 $0 $278,160
Subtotal GR $278,160 $69,000 $347,160
TOTAL $829,160 $936,000 $1,690,160
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Total Estimated “New” RevenueTotal Estimated “New” Revenue
Advising Fee E&G Funding $1,082,274
Reserves (net) 915,143
Tuition Revenues:Statutory $1,690,160
Designated $6,696,751
Total Estimated Revenues $10,384,328
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Tuition & Fee Proposal Required ExpendituresTuition & Fee Proposal Required Expenditures
Graduation Rate Improvement Plan (net of Benefit increases & Financial Aid) $3,048,000
Graduate Program(net of Benefit increases & Financial Aid) 740,000
Financial Aid (Set Asides & TPEG) 1,133,890
Utilities (replace lost Energy Fee Revenue) 1,540,000
Benefits, Promotion & Tenure 384,000
Total $6,845,890
Budget Reduction PlanningBudget Reduction PlanningBudget Reduction PlanningBudget Reduction Planning
How would UTSA survive another 10% reduction in its state appropriation beginning FY14 without new tuition revenue?
<$8,928,290>Next year, all new revenue available funds
the GRIP/Graduate Program
How would UTSA survive another 10% reduction in its state appropriation beginning FY14 without new tuition revenue?
<$8,928,290>Next year, all new revenue available funds
the GRIP/Graduate Program
Budget Reduction PlanningBudget Reduction PlanningBudget Reduction PlanningBudget Reduction Planning
Strategy Amount Running Total
Professional Development $130,934 $130,934
F&A Reallocation $209,535 $340,469
Cut Official Occasions by 10% $148,689 $489,158
Reduce Central Reserves $500,000 $989,158
Reduce Deferred Maintenance $500,000 $1,489,158
Tax Fee Accounts 2.5% Overhead $1,500,000 $2,989,158
Eliminate RoadRunner Scholarship $500,000 $3,489,158
Eliminate Univ Salary Supplement $127,550 $3,616,708
Shift 90 Day Waiting Benefit Cost to departmental Salary Savings
$1,145,000 $4,761,708
Reduce Division Budgets $587,774 $5,349,482
Strategies remaining from last reduction planning process:
Amount short = $3,578,808
FY13 Cost of Merit FY13 Cost of Merit (E&G Budgets)
FY13 Cost of Merit FY13 Cost of Merit (E&G Budgets)
Classification 1% Merit 1.5% Merit 2.0% Merit 2.5% Merit
Faculty 649,470 $974,206 $1,298,940 $1,623,675
A&P 230,350 345,525 460,700 575,875
Classified Staff 413,136 619,704 826,272 1,032,840
Salary Cost $1,292,956 1,939,435 $2,585,912 3,232,390
Est. Benefits 129,296 193,944 258,591 323,239
Total Cost $1,422,252 $2,133,379 $2,844,503 $3,555,629
FY 13 Budget Planning CalendarFY 13 Budget Planning Calendar
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