1. Budgetary Affairs Committee Report Faculty Senate Meeting April 17, 2014

3. 1.9+2.2 -0.8+4.4 1.4 -2.5 32.3% 1.7+1.1 GeoTher & Chem E Cost dollars => Start up ? Powell House Chem E., Alumni House, Utilities, Power Plant

4. Primarily from non-resident graduate enrollment increase. $0.1M - FY13 rate balance + 1.2M +1.3M +0.4M

5. Mandated U-wide staff salary increases to establish uniform wages across range of positions. 1.77% merit

6. $544K in E&E $247K in S&W

7. SUMMARY/COMMENTS FY14 Rate Balance: $2.0M Includes $1.4M in Rate Reductions $1.9M Geo-Therm./ Bldg. Debt Growing end of year balances FY15 Rate Balance: Enrollment ? Will graduate enrollment increase be sustained? FY13: $56.0M FY07: $14.9M

8. SUPPLEMENTARY SLIDES

9. REDUCTIONS E&ES&WTOTAL*Provost E&E Reduction by Division PROVOST* (543,617) (257,075) (800,692)RA&IDAcad. Depts 114,918 Admin Services (60,716) (233,058) (293,774)RENRMEnroll. Mgmt 51,024 Advancement (80,000) (47,810) (127,810)RPROVProvost 107,771 Chancellor (45,000) (30,212) (75,212)RSPON Sponsored Programs 76,111 Student Affairs (43,000) (95,000) (138,000)RUGSTUndergrad. 31,924 (772,333) (663,155) (1,435,488)RIATSIT 139,500 Other E&E Adjustments RGRDSTOF Graduate Off. 22,235 Bad Debt (100,000) 543,483 Insurance (150,000) M&R 276,749 Residential College Programming (24,360) Recruiting Fees (65,000) Net Other Adjustments (62,611) Total (834,944)

10. FY 13 to FY 14 Original Budget to FY 14 Revised Budget11/11/13 General Revenue Allocation Budget Dollars in Millions FY 13 FY 14 FY 14 - FY 13 Revised Budget Changes Original Budget Base Restated Changes Revised Budget REVENUE Tuition & Fees 81.0 5.3 86.3 2.2 88.5 7.5 less Aid 23.0 1.9 24.9 - 1.9 Net Fee Revenue 58.0 3.4 61.4 2.2 63.6 5.6 State Appropriations 43.8 0.1 43.9 2.5 46.4 2.6 Recovery of Indirect 6.5 - Other Revenue 2.2 0.3 2.5 0.3 Total Revenue Base 110.5 3.8 114.3 4.7 119.0 8.5 EXPENSE Dedicated Fees* 3.9 (0.1) 3.8 (0.1) Dedicated Recovery of Indirect 1.6 - Debt Payments 0.9 1.9 2.8 1.9 M&R/Fuel & Utilities/Campus Accts** 12.5 0.2 12.7 0.2 Salaries & Wages 63.2 1.3 64.5 (0.2) 64.3 0.1 64.4 1.2 Fringe Benefits 19.5 1.3 20.8 1.3 Expense & Equipment 8.8 8.1 (0.1) 8.0 (0.8) Reductions (1.4) (1.2) - New Commitments & P&T*** 0.5 0.4 Strategic Initiative Positions 2.5 110.4 3.7 114.1 2.9 117.0 6.6 Balance 0.1 0.2 1.8 2.0 1.9 *Summer Session/Info Tech Fee/Bad Debt/Recruit Fees **Insurance, ASB & other transfers to system, fire protection, auditing, etc. ***.5 million FY 14 OB - 75k to staff positions, balance for faculty ***.4 million - Rev FY 14 300k to academic positions, balance for staff Actual State Appropriations 43,850,214 13,907 43,864,121 2,570,000 46,434,121 2,583,907