mu budget
DESCRIPTION
MU Budget. http://mubudget.missouri.edu/. Funding Sources Fiscal Year 2014. 26.7% 4.7% 0.8% 1.7% 9.0% 3.3% 53.8 % 100%. Operating Fund Targeted Tuition & Student Fees Federal Appropriations Targeted State Appropriations Grants & Contracts - PowerPoint PPT PresentationTRANSCRIPT
MU Budget
http://mubudget.missouri.edu/
Funding SourcesFiscal Year 2014
Operating Fund
Targeted Tuition & Student Fees
Federal Appropriations
Targeted State Appropriations
Grants & Contracts
Gifts, Endowment & Investment Income
Enterprise Operations
Total Revenue
$572M
100M
17M
36M
193M
71M
1,154M
$2,144M
26.7%
4.7%
0.8%
1.7%
9.0%
3.3%
53.8%
100%
“Enterprise” Operations
Hospitals & ClinicsUniversity PhysiciansUniversity StoresAthleticsResidential LifeCampus DiningResearch ReactorAgricultureParkingKOMU Office of Research/Patent & Royalty Other
$701M 165M
56M52M45M29M13M11M8M7M3M
65M
$1,154M
60.7%14.3%
4.9%4.5%3.9%2.5%1.1%1.0%0.7%0.6%0.2%5.6%
100%
General Operating SourcesTotal: $572M
Operating Fund
• State Appropriations$182M
• Tuition $353M
• Indirect Cost $37M
27%
70%
3 %
Change in General Operating Funding Sources
19901995
20002005
2014
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
62%
32%
6%
INDIRECT COST
TUITION
STATE SUPPORT
What’s Wrong With This Picture?FY 2001 – FY 2014
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014-20%
-10%
0%
10%
20%
30%
40%
50%
60%
Head Count State Appropriations FY Based CPI
Head Count
CPI
State Appropriations
State Support to Higher EducationFY 2013 National Comparison*
Appropriation per Capita Ranking
*Information obtained from the Grapevine Report published by Illinois State University
44
7
17
199
30
15
13
20
Tuition & Fee Comparison2013 – 2014
Institution
AAU PublicAAU Public & PrivateSEC Big TenBig XII
University of Missouri-Columbia
Average
$11,383 $25,385 $11,296 $14,565
$13,895
$9,415
Lowest
$6,263 $6,263 $6,263 $8,061 $6,456
Highest
$17,100 $49,138 $42,978 $45,527 $36,590
Combined Tuition & Fees
Source: U.S. News Best Colleges 2012
FY2013 State Appropriations for Higher EdPer Capita
Arkansas Illinois Iowa Kansas Kentucky Missouri Nebraska Oklahoma Tennessee US Average$0
$50
$100
$150
$200
$250
$300
$350
$400
$307.38
$277.02
$256.14$263.08 $269.15
$154.64
$355.46
$257.17
$225.39 $229.72
Bordering States
*Information obtained from the Grapevine Report published by Illinois State University
Strategic Operating Plan
• Five year plan 2014 to 2018
• Drives how new state funds will be allocated
• Identifies our priorities as a campus
• All resource decisions will be related to the plan
Strategic Operating Plan (cont.)
Strategy Statement:
MU’s mission as a public, land-grant university is to discover and disseminate knowledge. Building on its unique interdisciplinary research and teaching strengths, exemplified by Mizzou Advantage, MU will, by 2018, enhance its academic stature as measured by publicly available metrics, including those of the Association of American Universities (AAU).
Strategic Operating Plan (cont.)
1. Strengthen interdisciplinary and experiential learning for Mizzou’s undergraduate, graduate, and professional students
2. Recruit, develop, and retain faculty and staff in order to promote MU’s strategic goals
3. Grow MU’s high-impact research and creative activity by enhancing campus infrastructure and other resources
4. Ensure that MU’s revenue model allows for strategic investments and leverages MU’s strengths to drive state and regional economic development
MUSOP – 5 year Expenditures
36,191,835
162,291,656
64,234,146
38,094,000
Theme 1
Theme 2
Theme 3
Theme 4
MUSOP – 5 year Revenues
Private Sources; $4,000,000 New State funds for Strategic Invest-
ment; $34,960,000
Budget Realloca-tion; $183,654,273
Student Fees; $78,197,362
MU Budget
http://mubudget.missouri.edu/