FY19 Budget SummitBFA Office & Enterprise Wide

The mission of Central Washington University is to prepare students for enlightened, responsible, and productive lives; to produce research, scholarship, and creative expression in the public interest; and to serve as a resource to the region and the state through effective stewardship of university resources.

Qualified faculty and staff create a community that encourages and supports the emotional, personal, and professional growth of students from a variety of backgrounds.

Directions• Each unit will submit a detailed FY18 budget report and anticipated FY19 budget

forecast and optional allocation increase request prior to the Budget Summit which will be disseminated to the University community on the Budget Allocation Subcommittee website.

• The objective of the Budget Summit presentation is to give the University community an overview of your unit’s FY18 budgetary decisions as well as how you anticipate allocating your FY19 budget.

• This template include a slide for an allocation increase request if needed (otherwise delete the slide).

• Budget information in all accounts (149, 148, etc.) will be supplied to you for both the budget report and this Budget Summit presentation.

• Each unit will have 15 minutes to present followed by 10 minutes for questions and answers.

• Please identify the amount/proportion of your unit’s budget that is allocated towards discretionary and non-discretionary costs.

• Please delete this slide prior to submission to Linda Hoff (Linda.Hoff@cwu.edu) by 5:00p.m. on January 26.

BFA Office

Unit Mission Valuing transparency, collaboration, and the Wildcat Way, the division of Business and Financial Affairs (BFA) supports CWU by providing a culture of leadership, innovation, creative solutions, and integrated systems.

FY18 Efficiency Target

As this is the VP department for the entire division, I chose to centralize the BFA efficiency targets this year. So far this is the plan:- Rationalize replacement hires- Salary & Benefit savings- Efficiency goal setting- May have to use 148 funds

FY19 Efficiency Strategies

It will become increasingly difficult to maintain a 2% efficiency cut, as salary savings traditionally have been used to fund one-time needs that are not in the base allocation. My FY19 strategy will likely be similar to FY18, Salary savings, hiring deferrals and self support funds.

BFA OfficePreliminary FY19 budget

State Tuition Fund

Expense Type State/Tuition Funds Discretionary Non-Discretionary

Exempt Wages 286,270 286,270 Classified Wages 30,830 30,830

Faculty Wages -

Graduate Assistant Wages -

Student/Temp/OT -

Total Wages 317,100 317,100 -

Benefits 523,131 73,131 450,000

Total Wages & Benefits 840,232 390,231 450,000

Goods & Services 1,888,978 953,978 935,000

Total Expense 2,729,209 1,344,209 1,385,000

BFA OfficeFY16-FY19 Operating Self-Support Funds

FY16 FY17 FY18 (Proj) FY19 (Proj)

Local General Funds

Beginning Fund Balance 4,981,611 4,693,296 3,650,258 2,833,087

Revenue/Transfers 242,949 (295,952) (98,471)

Expenses 531,264 747,086 718,700

Revenue Less Expenses (288,315) (1,043,038) (817,171)

Ending Fund Balance 4,693,296 3,650,258 2,833,087 2,833,087

Enterprise Funds

Beginning Fund Balance - - -

Revenue/Transfers

Expenses

Revenue Less Expenses - - -

Ending Fund Balance - - - -

Student Activities Funds

Beginning Fund Balance - - -

Revenue/Transfers

Expenses

Revenue Less Expenses - - -

Ending Fund Balance - - - -

BFA OfficeFY18 Projections

State Tuition Fund

Expense Type Base Budget Working Budget Projection

Exempt Wages 280,657 280,657 275,136

Classified Wages 29,926 29,926 30,588

Faculty Wages - - -

Graduate Assistant Wages - - -

Student/Temp/OT - - -

Total Wages 310,583 310,583 305,724

Benefits 521,821 521,821 495,857

Total Wages & Benefits 832,404 832,404 801,581

Goods & Services 1,724,768 1,667,743 1,423,829

Total Expense 2,557,172 2,500,147 2,225,410

BFA OfficeFY19 New Allocation Request

No new allocation requests for BFA Office

Thank you!