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FY14 BUDGET PRESENTATION September 2013 Board of Regents Meeting.

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Presentation on theme: "FY14 BUDGET PRESENTATION September 2013 Board of Regents Meeting."— Presentation transcript:

1 FY14 BUDGET PRESENTATION September 2013 Board of Regents Meeting

2 Enrollment Enrollment tends to inversely trend with regional economy Growth of FY10 and FY11 during declining/stagnate regional economy Decline of FY12 and FY13 during recovering economy FY10FY11FY12FY13FY14 Actual Budgeted Resident3,8954,1273,9923,786 Non-resident WUE Total4,2594,5564,4784,319 Undergraduate2,9913,1623,1213,078 City College9731,0531, Graduate Total4,2594,5564,4784,319 2

3 Expenditures per FTE The amount spent per student has grown modestly due to enrollment declines since the higher enrollment years of FY11 and FY12 and increases in State Support for FY14. This metric shows that in spite of fluctuations in enrollment, decisions were made to keep the university as efficient as possible to serve students within the resources available. MSU Billings is intentional in the budget development process to advance strategic initiatives while keeping expenditures in balance with the revenue available. Expenditures per FTE FY10FY11FY12FY13FY14Growth Actual ActualsBudgetedRate $9,240$8,788$8,858$9,610$9,8601.6% 3

4 Expenditures by Program FY10FY11FY12FY13 FY14 Actual BudgetedActualBudgeted Instruction $ Expenditures$18,825,382$16,679,483$18,820,927$20,342,662$19,519,716$20,563,458 Percent of Total47.8%41.7%47.4%48.4%47.0%48.3% Research $ Expenditures$158,666$126,880$125,348$135,700$166,821$138,732 Percent of Total0.4%0.3% 0.4%0.3% Public Service $ Expenditures$431,558$397,326$408,678$411,950$372,622$370,367 Percent of Total1.1%1.0% 0.9% Academic Support $ Expenditures$3,501,994$3,450,083$3,285,471$3,479,169$3,299,355$3,548,477 Percent of Total8.9%8.6%8.3% 7.9%8.3% Student Services $ Expenditures$4,609,127$5,070,286$5,354,651$4,849,224$5,542,333$5,298,511 Percent of Total11.7%12.7%13.5%11.5%13.4%12.4% Institutional Support $ Expenditures$3,742,688$4,262,901$3,901,135$4,319,222$3,806,327$4,282,976 Percent of Total9.5%10.6%9.8%10.3%9.2%10.1% Plant O & M $ Expenditures$6,054,503$7,878,722$5,560,180$6,026,940$6,439,272$5,901,151 Percent of Total15.4%19.7%14.0%14.3%14.5%13.9% Scholarship/Fellowships $ Expenditures$2,028,930$2,174,656$2,209,715$2,487,220$2,359,891$2,482,869 Percent of Total5.2%5.4%5.6%5.9%5.7%5.8% Total $ Expenditures$39,352,848$40,040,337$39,666,105$42,052,087$41,506,337$42,586,541 Percent of Total100.0% 4

5 Operating Budget Ratios Difference between FY13 budgeted instruction (48.4%) and actual results (47%) caused by unfilled faculty lines due to enrollment decline and recruiting difficulties. Budget was reallocated to student services to retain combined I/AS/SS percentage of 68.3% (budgeted at 68.2%) Student to employee trend lines reflect a declining enrollment combined with the addition/restoration of faculty lines and the restoration of other employee lines 5 MONTANA STATE UNIVERSITY Billings FY09 Actual FY10 Actual FY11 Actual FY12 Actual FY13 Actual FY13 Budgeted FY14 Budgeted Student FTE to Contract Faculty Ratio Student FTE to Contract Admin/Pro Ratio Student FTE to Classified Employee Ratio


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