management and budget fy17 at a glance › finserv › omb › budget-planning... · plant. debt...

$141 M Research $100 M Academics $32M Public Service $23 M Student Aid & Services 3,973 3,339 2014 2017 $40M 9% $26M 6% $165M 38% $45M 10% $67M 16% $92M 21% $171M 39% $65M 15% $92M 21% $37M 9% $29M 7% For more information, visit the UAF Oﬃce of Management and Budget at www.uaf.edu/omb/. F Y17 at a glance UAF is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual: www.alaska.edu/nondiscrimination/. 11/2017 Revenues State General Funds Federal Receipts UA Receipts & Partnerships Auxiliary Receipts & UA Intra-agency Transfers Tuition & Fees Indirect Cost Recovery $435M Of that, 68% ($296M) is unrestricted and 32% ($139M) is from sponsored activities. Expenditures Salaries & Benefits Unrestricted Contractual Services Commodities Student Aid, $13M, 3% $435M UAF must commit funding to fixed labor, utilities, debt and student aid, leaving a small portion for flexible spending. Debt & Transfers Land & Buildings, $13M, 3% UAF’s budget is spent in direct support of its mission. Total employees Since FY14, roughly $20M in State GF has been cut from the UAF budget. This does not include the effects of increased fixed costs and the loss of fuel-related supplemental funds, as well as a reduced capital budget, which has required UAF to reallocate funds from operating areas to cover facilities needs. Equipment, $5M, 1% Travel, $10M, 2% UAF has 574 fewer employees in fall 2017 than in fall 2014, a decrease of 14%. Of $92M in federal receipts, 74% comes from research activity. Student tuition and fee revenue remained ﬂat from FY16. Tuition rate increases offset lower enrollment. Salaries & Benefits Sponsored/Restricted Debt obligations have nearly doubled since FY15 due to financing for the power plant. Debt and utilities are major components of UAF fixed costs. From FY14-FY17, labor costs decreased by $27M; of this, 75% was from unrestricted sources. Since FY16, receipts, partnerships and transfers increased by 45% due to a full year of Sikuliaq operations. Salaries and benefits totaled $236M, 54% of total expenditures. Represents fall headcounts MANAGEMENT AND BUDGET University of Alaska Fairbanks Up $12M from FY16 60% of travel expenditures are sponsored.

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Page 1: MANAGEMENT AND BUDGET FY17 at a glance › finserv › omb › budget-planning... · plant. Debt and utilities are major components of UAF fixed costs. From FY14-FY17, labor costs

$141MResearch

$100MAcademics

$32MPublicService

$23MStudent

Aid &Services

3,973

3,339

2014 2017

$40M9%

$26M6%

$165M38%

$45M10%

$67M16%

$92M21%

$171M39%

$65M15%

$92M21%

$37M9%

$29M7%

For more information, visit the UAF O�ce of Management and Budget at

www.uaf.edu/omb/.FY17 at a glance

UAF is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual: www.alaska.edu/nondiscrimination/. 11/2017

Revenues

State General Funds

Federal Receipts

UA Receipts & Partnerships

Auxiliary Receipts & UA Intra-agency

Transfers

Tuition & Fees

Indirect CostRecovery

$435MOf that, 68% ($296M) is

unrestricted and 32% ($139M) is from sponsored activities.

Expenditures

Salaries & Benefits

Unrestricted

Contractual Services

Commodities

Student Aid, $13M, 3%

$435MUAF must commit funding to

fixed labor, utilities, debt and student aid, leaving a small

portion for flexible spending.

Debt & Transfers

Land & Buildings, $13M, 3%

UAF’s budget is spent in

direct support of its mission.

Totalemployees

Since FY14, roughly $20M in State GF has been cut from the UAF budget. This does not include the effects of

increased fixed costs and the loss of fuel-related supplemental funds, as well as a reduced capital budget,

which has required UAF to reallocate funds from operating areas to cover facilities needs.

Equipment, $5M, 1%Travel, $10M, 2%

UAF has 574 fewer employees in fall 2017 than

in fall 2014, a decrease of 14%.

Of $92M in federal receipts, 74% comes

from research activity.

Student tuition and fee revenue remained

flat from FY16. Tuition rate increases

offset lower enrollment.

Salaries & Benefits Sponsored/Restricted

Debt obligations have nearly doubled since FY15 due to

financing for the power plant. Debt and utilities are major components of UAF

fixed costs.

From FY14-FY17, labor costs decreased by $27M; of this, 75% was from unrestricted sources.

Since FY16, receipts, partnerships and

transfers increased by 45% due to a full year

of Sikuliaq operations.

Salaries and benefits totaled $236M, 54% of

total expenditures.

Represents fall headcounts

MANAGEMENT AND BUDGETUniversity of Alaska Fairbanks

Up $12M from FY16

60% of travel expenditures are