Operating & Capital Operating & Capital BudgetsBudgets

Fiscal Year 2006Fiscal Year 2006June 24, 2005June 24, 2005

Eastern Washington UniversityEastern Washington University

OutlineOutline

Legislative Session Legislative Session Summary Summary

EnrollmentEnrollment TuitionTuition FY06 Operating BudgetFY06 Operating Budget 2005-07 Capital Budget2005-07 Capital Budget

2005-07 Legislative Budget 2005-07 Legislative Budget SummarySummary

FY06FY06 FY07FY07

Tuition Increase maximum for RUTuition Increase maximum for RU (25% Recapture)(25% Recapture)

6%6% 6%6%

New Enrollment Funding New Enrollment Funding (324 FTES in FY06 and 326 FTES in FY07)(324 FTES in FY06 and 326 FTES in FY07)

2,147,0002,147,000 2,167,002,167,0000

High Demand Enrollment High Demand Enrollment (Phys Therapy, Comp & Engr Tech, Special Ed, Dental (Phys Therapy, Comp & Engr Tech, Special Ed, Dental Hygiene)Hygiene)

741,000741,000 **

Autism CenterAutism Center 212,000212,000 **

Maintenance & Operating Shift to CapitalMaintenance & Operating Shift to Capital (245,000)(245,000) **

Non-Instruction ReductionNon-Instruction Reduction (98,000)(98,000) **

Tuition Rate Increase - GFS CaptureTuition Rate Increase - GFS Capture (432,000)(432,000) **

Salary Increase FundingSalary Increase Funding (Classified 3.2/1.6%, Non-Represented 3.2/1.6%)(Classified 3.2/1.6%, Non-Represented 3.2/1.6%)

1,315,0001,315,000 927,000927,000

Health Benefit ChangesHealth Benefit Changes 831,000831,000 **

* FY07 Funding level remains flat -- no additional funding for FY07

FY06 Enrollment FY06 Enrollment

8,850 FTES Projected for FY068,850 FTES Projected for FY06 No change over FY05 Budgeted LevelNo change over FY05 Budgeted Level

No Constraint On EnrollmentsNo Constraint On Enrollments

8,593 FY06 State Funded FTES8,593 FY06 State Funded FTES 324 FTES increase over FY05 State funded 324 FTES increase over FY05 State funded

levellevel Enrollment levels exceed state funding by Enrollment levels exceed state funding by

257 FTES257 FTES

6% Tuition Increase for Resident 6% Tuition Increase for Resident Undergraduates & Resident GraduatesUndergraduates & Resident Graduates

25% Tuition Recapture by State25% Tuition Recapture by State

0% Tuition Increase for Non-residents0% Tuition Increase for Non-residents

6% S&A Fee Increase for All Students6% S&A Fee Increase for All Students

FY06 TuitionFY06 Tuition

FY06 Tuition ComponentsFY06 Tuition Components(Per Quarter)(Per Quarter)

CategoryCategoryOperating Operating

FeeFeeBuildinBuildin

gg

FeeFee

S&AS&A

FeeFee

ResidentsResidents UndergraduateUndergraduate $1,156.96$1,156.96 $46.04$46.04 $145.00$145.00

GraduateGraduate $1,851.53$1,851.53 $46.47$46.47 $138.00$138.00

Non-Resident UndergraduatesNon-Resident Undergraduates

DomesticDomestic $4,125.84$4,125.84 $170.1$170.166

$143.00$143.00

InternationalInternational $4,125.84$4,125.84 $170.1$170.166

$143.00$143.00

Non-Resident GraduatesNon-Resident Graduates

DomesticDomestic $5,397.79$5,397.79 $166.2$166.211

$136.00$136.00

InternationalInternational $5,397.79$5,397.79 $166.2$166.211

$136.00$136.00Mandatory fees are assessed separatelyi

CategoryCategoryFY 05 TuitionFY 05 Tuition

RatesRatesFY06 Tuition FY06 Tuition

RatesRates

Resident UndergraduateResident Undergraduate $3,822$3,822 $4,044$4,044

Resident GraduateResident Graduate $5,772$5,772 $6,111$6,111

Non-Resident Non-Resident UndergraduateUndergraduate

$13,299$13,299 $13,317$13,317

Non-Resident GraduateNon-Resident Graduate $17,085$17,085 $17,100$17,100

FY06 Student Impact FY06 Student Impact Annual Tuition RatesAnnual Tuition Rates

S&A Fee Included – Other Mandatory fees assessed separately.

$18

$222

i

$339

$15

FY06 Mandatory FeesFY06 Mandatory Fees

CategoryCategory FY 05 FeesFY 05 Fees FY06 FeesFY06 Fees

Technology FeeTechnology Fee $105.00$105.00 $105.00$105.00

Health Clinic FeeHealth Clinic Fee $112.02$112.02 $115.17$115.17

Health & Wellness Health & Wellness FeeFee

$16.47$16.47 $16.95$16.95

Total FeesTotal Fees $233.49$233.49 $237.12$237.12

No Change

All categories of students pay the same level of mandatory fees. Mandatory Fees increased by the Fiscal Growth Factor only.i

$3.15

$0.48

$3.63

FY06 Additional Annual FY06 Additional Annual Impact on StudentsImpact on Students

StudentStudentImpact 6%Impact 6%

Grant Funds Grant Funds Available to Available to

Offset ImpactOffset Impact

High-Need StudentsHigh-Need Students $222$222 $232$232

Low/Medium Need Low/Medium Need StudentsStudents

$222$222 $0-$232$0-$232

Resident Undergraduate

*The State Need Grant award amounts were increased by the State to match an assumed 6 percent tuition increase and the eligibility range was increased from 55 percent of median family income (MFI) to 65 percent of MFI. Students who are not eligible for State Need Grant will receive varying amounts of additional grant and loan assistance to pay for the increase, or will pay out of pocket.

i

OperatingOperatingBudget - FY06Budget - FY06

General Fund State & Tuition General Fund State & Tuition Combined Funding Per Actual Combined Funding Per Actual FTESFTES

$7,924 $7,984 $7,939$7,730

$8,004

$8,494

5,000

6,000

7,000

8,000

9,000

2000-01 2001-02 2002-03 2003-04 2004-05 2005-06

Do

llar

s

Operating Budget Funding Operating Budget Funding SourcesSources

61.3%59.2%61.3%

38.7%40.8%

38.7%

0%

10%

20%

30%

40%

50%

60%

70%

80%

1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06

GF-S

Operating Fee

PercentPercent

FY06 Operating Fee FY06 Operating Fee AssumptionsAssumptions

Discount Rate held atDiscount Rate held at 18.0%18.0%

WaiversWaivers 14.0%14.0%

Waivers for Waivers for ScholarshipsScholarships

250,000250,000

Section 6010 WaiversSection 6010 Waivers 1,335,241,335,2400

Financial Aid held Financial Aid held atat

05 Level05 Level

EWU Financial AidEWU Financial Aid 3.5%3.5%

Addition to Fin. AidAddition to Fin. Aid 210,334210,334

FTESFTES 8,8508,850

HeadcountHeadcount 9,0099,009

FTES/HC Conversion FTES/HC Conversion RateRate

1.0181.018

Enrollment MixEnrollment Mix FY 05 FY 05 MixMix

Interest IncomeInterest Income $95,000$95,000

UncollectiblesUncollectibles 1.2%1.2%

President’s President’s ReservesReserves

$300,00$300,0000

Fund Balance Fund Balance Invest.Invest.

$300,00$300,0000

Enrollment Assumptions

Waiver Assumptions

Policy Assumptions

Financial Aid Assumptions

FY06 Operating Fee RevenueFY06 Operating Fee Revenue

Gross Operating Fee RevenueGross Operating Fee Revenue $ 39,631,699$ 39,631,699

Less: Tuition WaiversLess: Tuition Waivers -5,548,313-5,548,313 3.5 % EWU Financial Aid3.5 % EWU Financial Aid -1,176,242-1,176,242 Uncollectible AllowanceUncollectible Allowance -475,570-475,570 Plus: Interest IncomePlus: Interest Income 95,00095,000

Less: Additional Waiver AuthorityLess: Additional Waiver Authority -1,335,240-1,335,240 Additional Financial AidAdditional Financial Aid -210,334-210,334 Quality (3.8 GPA) ScholarshipsQuality (3.8 GPA) Scholarships -250,000-250,000 Investment in Fund BalanceInvestment in Fund Balance -300,000-300,000 President’s ReservePresident’s Reserve -300,000-300,000

Net Operating Fee RevenueNet Operating Fee Revenue $ $ 30,131,00030,131,000

Net New Policy RevenueNet New Policy Revenue $ 705,000$ 705,000

FY06 Reductions to GFSFY06 Reductions to GFS

Net New Policy RevenueNet New Policy Revenue 705,000705,000

Less:Less:25% Tuition Recapture - 25% Tuition Recapture - $432,000 $432,000 (Half in FY06 and half in FY07) (Half in FY06 and half in FY07)

216,000216,000

Non-Instruction ReductionNon-Instruction Reduction 98,00098,000

Net Remaining Net Remaining $ $ 391,000391,000

FY06 New State Enrollment FY06 New State Enrollment Funding DistributionFunding Distribution

Business & Public AdministrationBusiness & Public Administration (37,772)(37,772)

Education & Human DevelopmentEducation & Human Development 47,66147,661

Social & Behavioral SciencesSocial & Behavioral Sciences 254,082254,082

Arts & LettersArts & Letters 107,476107,476

Social WorkSocial Work 70,87170,871

Science, Math & TechnologyScience, Math & Technology 581,621581,621

Total Instruction DistributionTotal Instruction Distribution 1,023,9391,023,939

FY06 New State Enrollment FY06 New State Enrollment Funding DistributionFunding Distribution

Academic Affairs AdministrationAcademic Affairs Administration 94,43794,437

LibraryLibrary 77,98677,986

Information TechnologyInformation Technology 80,10780,107

Academic Affairs SubtotalAcademic Affairs Subtotal 252,530252,530

Business & FinanceBusiness & Finance 273,845273,845

Student AffairsStudent Affairs 82,35382,353

University AdvancementUniversity Advancement 45,39245,392

President’s OfficePresident’s Office 57,94157,941

Total Non-Instruction DistributionTotal Non-Instruction Distribution 712,061712,061

FY06 Proposed FY06 Proposed Salary IncreasesSalary Increases

Non-Represented Employee Increase Non-Represented Employee Increase 3.2% COLA effective September 1, 20053.2% COLA effective September 1, 2005

Classified Employee IncreaseClassified Employee Increase 3.2% COLA effective July 1, 20053.2% COLA effective July 1, 2005

FY06 State and Tuition FY06 State and Tuition (FY06 Ledger 1 Accounts)(FY06 Ledger 1 Accounts)

InstructionInstruction $ 41,037,026$ 41,037,026

ResearchResearch 291,483291,483

Public ServicePublic Service 258,897258,897

Academic SupportAcademic Support 5,027,0195,027,019

LibrariesLibraries 4,245,4144,245,414

Student ServicesStudent Services 7,232,3737,232,373

Institutional SupportInstitutional Support 10,926,42810,926,428

Plant Operations & Plant Operations & MaintenanceMaintenance

9,696,3609,696,360

Total Ledger 1Total Ledger 1 $ 78,715,000$ 78,715,000 This budget represents a 7.8% increase over FY05

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FY06 Non-Ledger 1 FundsFY06 Non-Ledger 1 Funds

Revenues / Revenues / AdditionsAdditions

Expenditures / Expenditures / DeductionsDeductions

Dedicated Local Funds (Ledger Dedicated Local Funds (Ledger 2)2)

$15,451,006$15,451,006 $16,657,636$16,657,636

Service Funds (includes Service Funds (includes recharges)recharges)

4,406,7434,406,743 4,112,5604,112,560

ASEWUASEWU 2,348,5792,348,579 2,425,7292,425,729Intercollegiate AthleticsIntercollegiate Athletics 3,130,9693,130,969 3,130,9693,130,969BookstoreBookstore 6,496,4196,496,419 6,387,5356,387,535Pence Union BuildingPence Union Building 924,142924,142 862,781862,781ParkingParking 600,000600,000 577,167577,167Housing & DiningHousing & Dining 13,369,67813,369,678 13,115,79313,115,793Scholarships & FellowshipsScholarships & Fellowships 18,860,00018,860,000 18,860,00018,860,000Sponsored Programs & Sponsored Programs & ContractsContracts

14,445,00014,445,000 14,445,00014,445,000

TotalTotal $ 80,032,536$ 80,032,536 $ 80,575,170$ 80,575,170

FY06 OperatingFY06 OperatingBudget SummaryBudget Summary

Educational and GeneralEducational and General

State and TuitionState and Tuition $ $ 78,715,00078,715,000

Dedicated Local Funds, Service funds Dedicated Local Funds, Service funds (net)(net)

16,458,70316,458,703

Total Educational and GeneralTotal Educational and General 95,173,70395,173,703

Auxiliary Enterprises Auxiliary Enterprises (including transfers)(including transfers) 26,499,97426,499,974

Scholarships and FellowshipsScholarships and Fellowships 18,860,00018,860,000

Sponsored ProgramsSponsored Programs 14,445,00014,445,000

FY06 Annual Operating BudgetFY06 Annual Operating Budget $ $ 154,978,677154,978,677 This budget represents an 8% increase over FY05i

Recommended Action Recommended Action FY06 Tuition & Fee RatesFY06 Tuition & Fee Rates

It is recommended that the Board It is recommended that the Board of Trustees approve a 6% tuition of Trustees approve a 6% tuition

rate increase for resident rate increase for resident students and a 6% service and students and a 6% service and activity fee increase for all fee activity fee increase for all fee

paying categories for fiscal year paying categories for fiscal year 2006, which begins July 1, 2005 2006, which begins July 1, 2005

and ends June 30, 2006.and ends June 30, 2006.

Recommended Action Recommended Action FY06 Operating BudgetFY06 Operating Budget

It is recommended that the It is recommended that the Board of Trustees approve the Board of Trustees approve the

operating budget of operating budget of $154,978,677 for fiscal year $154,978,677 for fiscal year

2006, which begins July 1, 2005 2006, which begins July 1, 2005 and ends June 30, 2006.and ends June 30, 2006.

Capital Budget Capital Budget 2005-072005-07

Restoration Phase IRestoration Phase I2005-072005-07

Hargreaves Hall DesignHargreaves Hall Design Cheney Hall RenovationCheney Hall Renovation

$ 1,414,000$ 1,414,000 $ 2,002,000$ 2,002,000

2005-07 Minor Works / 2005-07 Minor Works / PreservationPreservation

Health, Safety, Code ComplianceHealth, Safety, Code Compliance$ 5,700,000$ 5,700,000 Fire alarm systems for 5 bldgs.Fire alarm systems for 5 bldgs. Fire panels, generators, hydrantsFire panels, generators, hydrants Elevator safety upgradesElevator safety upgrades General safety issuesGeneral safety issues

Infrastructure PreservationInfrastructure Preservation$ 4,000,000$ 4,000,000 Steam line replacementSteam line replacement Water dist. system Water dist. system

upgradesupgrades Elect & lighting Elect & lighting

improvementsimprovements General upgradesGeneral upgrades

Facility PreservationFacility Preservation$ 8,000,000$ 8,000,000 ADA building upgradesADA building upgrades HVAC renovation/upgradesHVAC renovation/upgrades Roof replacementsRoof replacements Interior & exterior bldg Interior & exterior bldg

restorationsrestorations Landscaping & sidewalksLandscaping & sidewalks

2005-07 Minor Works / 2005-07 Minor Works / ProgramProgram

$ 15,600,000$ 15,600,000

STATE FUNDS - STATE FUNDS - $6,600,000$6,600,000

Enhance ClassroomEnhance ClassroomClassroom RenewalClassroom Renewal

WWF New Track SurfaceWWF New Track SurfaceNetwork UpgradesNetwork UpgradesEmergent NeedsEmergent Needs

General Bldg General Bldg Upgrades/ADAUpgrades/ADA

LOCAL FUNDS - LOCAL FUNDS - $9,000,000$9,000,000

FRS UpgradeFRS UpgradePlayfield ExpansionPlayfield Expansion

Improve Res. WalkwayImprove Res. WalkwayArt Walk DevelopmentArt Walk Development

Campus SignageCampus SignageRed Barn Interior Renov.Red Barn Interior Renov.General Prog. UpgradesGeneral Prog. Upgrades

Repairs to:Repairs to: Heating, VentilationHeating, Ventilation Plumbing & ElectricalPlumbing & Electrical ElevatorsElevators External & Internal Building External & Internal Building

SurfacesSurfaces

2005-07 Preventative 2005-07 Preventative Maintenance & Building Maintenance & Building Systems RepairsSystems Repairs

$ 2,217,000$ 2,217,000

2005-07 Capital Budget 2005-07 Capital Budget ReappropriationsReappropriations

ProjectProject Re-Re-

AppropriationAppropriation

Senior HallSenior Hall $ 9,938,000$ 9,938,000

Cheney HallCheney Hall 3,059,0003,059,000

Campus Network UpgradeCampus Network Upgrade 2,215,0002,215,000

Visitor Center & Formal EntryVisitor Center & Formal Entry 900,000900,000

Facility Preservation BacklogFacility Preservation Backlog 1,500,0001,500,000

Minor Works PreservationMinor Works Preservation 566,168566,168

Water System Pres. & Water System Pres. &

ExpansionExpansion196,072196,072

Infrastructure PreservationInfrastructure Preservation 250,000250,000

Total 05-07 ReappropriationsTotal 05-07 Reappropriations $ 18,624,240$ 18,624,240

ProjectProject AmountAmount

Parking Lot Parking Lot ImprovementsImprovements

$ 50,000$ 50,000

Morrison Window ProjectMorrison Window Project 300,000300,000

Housing – Minor CapitalHousing – Minor Capital 200,000200,000

Tawanka Dining ProjectTawanka Dining Project 100,000100,000

TotalTotal $ $ 650,000650,000

FY06 Local FundFY06 Local FundCapital ProjectsCapital Projects

Total Capital 05-07 Biennial Total Capital 05-07 Biennial Budget SummaryBudget Summary

Fund SourceFund Source AmountAmount

New AppropriationsNew Appropriations

State Bldg State Bldg ConstructionConstruction

$ $ 27,716,00027,716,000

EWU Capital ProjectsEWU Capital Projects 9,000,0009,000,000

Education Education ConstructionConstruction

2,217,0002,217,000

ReappropriationsReappropriations 18,624,24018,624,240

FY 06 Local Funded FY 06 Local Funded ProjectsProjects

650,000650,000

TotalTotal $ $ 58,207,24058,207,240

Recommended Action Recommended Action 2005-07 Capital Budget 2005-07 Capital Budget

It is recommended that the It is recommended that the Board of Trustees approve Board of Trustees approve

the capital budget of the capital budget of $58,207,240 for the 2005-07 $58,207,240 for the 2005-07 biennium, which begins July biennium, which begins July 1, 2005 and ends June 30, 1, 2005 and ends June 30,

2007.2007.