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1. 2 3 $79.3 81.6 83.4 84.2 86.7 101.2 120.4 139.7 110.9 ? 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010.

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Presentation on theme: "1. 2 3 $79.3 81.6 83.4 84.2 86.7 101.2 120.4 139.7 110.9 ? 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010."— Presentation transcript:

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3 3 $ ?

4 4 Initial Decrease from 2008 $17.8 million Recent Proration 11.0 _____ Total 2009 Decrease $ 28.8 million Down 20.6% from 1 year ago. Current Year Appropriation

5 5 Division budgets compared to net state appropriation (in millions) Budget Approp. O&M College of Med Hospitals

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9 9 Division budgets compared to net state appropriation (in millions) Budget Approp. O&M College of Med Hospitals

10 10 Operations and Maintenance Budget,

11 11 Operations and Maintenance Net Cut in State Funds from 2008: $16.4 million Increased revenue (tuition, etc.): $5.7 million Internal budget cuts: $1.9 million Net shortfall: $8.8 million

12 12 COSTS: (“fixed” costs) Benefits: $8.9 million Health insurance: 6.9 million Utilities: 10.8 million Retiree pension: 9.8 million Peehip for retirees: 2.4 million Debt service: $9.9 million TOTAL fixed costs:$48.7 million

13 13 Others: Supplies/travel/operating $16.6 million Other 1.3 million Scholarships 4.8 million Subtotal: $22.7 million Salaries: $92.5 million TOTAL: $163.9 million

14 14 Fixed Costs: $48.7 million Others: $22.7 million Salaries: $92.5 million TOTAL: $163.9 million

15 15 REVENUES: State Appropriations:$69.2 million Tuition and Fees: 72.7 million Other: 13.1 million (Sales of educational services, interest income, grants overhead, and misc.) TOTAL: $155.1 million

16 16 Total Operations and Maintenance Budget Shortfall, : Costs:$163.9 million Revenues: million ________________________ Shortfall: $ 8.8 million

17 17 Budget Reduction Measures

18 18 1)Equipment & Personal Computers (2008 O&M total = $5 million) 2) Travel (2008 O&M total = $3 million) 3) Cell Phones ($350,000 saved) 4) No Across-Board Salary Increases

19 19 5)Staff Position Freeze 6)Staff Reclassification Freeze 7)Temporary Personnel 8) Overtime Pay

20 20 Revenue Measures 1) Increased enrollment 2) Increased tuition 3) Control personnel costs

21 21 USA compared to other organizations affected by the economic downturn: 1. Demand for USA’s products is going up, not down. 2. USA needs to retain employees to address this demand.

22 22 Cost/savings per 1 percent of payroll (University-wide): $3.1 million (O&M only): $1 million Revenue generated per 1 percent of tuition increase: $573,000

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