1. UW-Platteville Financial Overview November 2012 Robert Cramer - Vice Chancellor Cathy Riedl-Farrey - Director, Financial Services 1

2. Summary of Funding Sources UW-Platteville Financial Update – 2011-12 Closing Balances (June 30, 2012) – Utilities – 2012-13 All Funds Budget – Tuition and enrollment – Budget Forecast model – TSI Detail – Debt Service Detail 2

3. General Purpose Revenue (GPR) – includes general funding, specific purpose funding, and earmarked funding from the state, primarily from state sales and income taxes Program Revenue (PR) – includes tuition, auxiliaries, and segregated fees, as revenues received for services or from users Federal Revenue (PR-F) – includes federal grants, financial aid, direct loans, as revenues from a federal agency Segregated Funds (SEG) – includes transportation fund and other separate state accounts, credited by law to a specific state fund Gifts and Grants – includes revenues from the Foundation, non federal grants 3

4. UW-Platteville Financial Update 4

5. FY2011-12 Closing Balances All Funds Summary (Cash Basis) Beginning Cash$ 23,128,452 ( 7/01/2011 rev ) Total Revenue$128,276,751 Total Expenses$126,913,276 Net Income$ 1,363,475 – Excluding direct student loan amounts Closing Balance$ 24,491,927 ( 6/30/2012 ) 5

6. Select Fund Balances Fund 102$4,721,950 (General operations, tuition revenue, base of $47 million) Fund 123$4,001,400 ( Debt service, $4 M base) Fund 128$4,096,650 (Dining, housing, parking, base of $25 million) Fund 131 $8,474,838 (DLC, School of Ed Cost Recovery, TSI, base of $15 million) Fund 136$1,693,089 (Similar to 128, HTCP, camps & conferences, base of $3.7 million) 6

7. Carry Over Balances by College/Division Chancellor & Diversity 74,763.00 Provost 110,340.00 Administrative Services 383,480.00 Graduate Studies & Library 40,518.00 Student Affairs 39,840.00 Advancement/Development222,100.00 Admissions & Enrollment Services 48,262.00 LAE 52,212.00 BILSA 171,683.00 EMS 700,654.00 Budget Lapse 312,841.00 Grand Total Carryover*** 2,156,693.00 ***Excludes accounts that automatically carryover (i.e. Fund 128, 136, some 131) 7

8. Utility Update FY12 – PLT under budget by $911,000; System wide - $7.6 million Highest savings in the UW System Savings was kept centrally by UW System Future savings distribution still being discussed 8

9. 2001-02 Budget State funding of 40% Final 2001-2002 UW-Platteville Budget $73.6 Million 9 Federal $5,454,833 7%

10. 2012-13 Budget Final 2012-2013 UW-Platteville Budget $172.6 Million (all funds) Final 2012-2013 UW-Platteville Budget $126.1 Million (excluding federal aid) State Funding of 22% State Funding of 17% 10

11. Financial Forecast Assumptions Revenue modeling to project available funds from the state, TSI, and tuition (traditional undergrads and grads) Key variables are tuition, enrollment and state support Assumes 3.0% increases in tuition annually Assumes flat enrollment at Fall 2012 levels except for TSI Assumes TSI growth to 1705 in FY2016-17 Assumes TSI faculty & staff growth maintaining the current faculty/staff to student ratio of TSI Assumes flat general purpose revenue excluding lapse Assumes lapses of $174 million in 2011-13 and $300 million 2013- 15 statewide with allocation as proposed in 2011-13 Assumes 2% pay plan for TSI expenditures for 13-14 forward; Assumes GPR pay plan funded by state so no cost factors included Assumes TSI incentive grant will be for new students only starting in Fall 2013. No continuing student grants. 11

12. Tuition Target for Pooled Revenue=$33,435,359Variance Original Estimate 5.2012$35,218,000$1,783,000 Fall 2012$36,536,000$3,100,000 Spring 2013 TSI Estimate 5.2012$13,405,000- Fall 2012$14,400,000$995,000 Spring 2013 Tuition Revenue Note – these figures exclude distance learning, study abroad, and school of education cost recovery students 12

13. Enrollment Original Fall Billing FTE Fall 2012 Billing FTE Original Spring Billing FTE [90%] Spring 2013 Billing FTE Undergrad Resident5,3755,5144,837 Undergrad NonRes118180106 Graduate Resident11695104 Graduate NonRes232621 Subtotal Pooled Enrollment5,6325,8155,068 TSI Enrollment1,3701,4721,233 Total Pooled & TSI Enrollment7,0027,2876,301 13

14. Budget Forecast Model Projected Closing Balances FY2013FY2014FY2015FY2016FY2017 With $300M Lapse and $1.6M plan [June 15, 2012] 4,272,630479,169 (2,181,148) (5,499,997)(8,885,092) With $174M Lapse and $1.6M plan 8,372,4766,735,9936,128,6015,445,3744,692,248 Additional Requests 12,236,00014,244,00013,090,00014,9367,00015,260,000 14

15. TSI Budget Detail 2011-122012-132013-14 Count ActualCount ProjectedCount Projected Revenue 1,30112,602,7131,47213,401,0001,58015,760,000 Expenses: Salary & Fringe 1598,751,13816410,863,26517912,383,000 Supplies 576,216 798,008760,000 Debt 2,070,000 Incentive Grants 824,338 895,000500,000 Carryover 555,377 273,169 Total Expenses: 12,777,069 14,899,44215,713,000 Note: 34 positions were formerly GPR funded 15

16. Unclassified FTE by division (all funds) DivisionAllocated FY13 Filled as of 10.22.12 Chancellor25.0724.37 Provost58.6749.39 Assoc Vice Chancellor17.8316.83 Administrative Services43.5537.30 Admissions22.0019.50 Diversity16.7514.80 Student Affairs30.2130.00 University Advancement15.0014.00 BILSA94.2796.02 LAE164.32164.58 EMS143.23141.07 Total630.90607.86 16

17. Classified FTE by division (all funds) DivisionAllocated FY13 Filled as of 10.22.12 Chancellor5.00 Provost20.32 Assoc Vice Chancellor14.50 Administrative Services188.68182.68 Admissions9.50 Diversity4.00 Student Affairs26.00 University Advancement11.0010.00 BILSA8.50 LAE14.00 EMS11.75 Total313.25306.25 17

18. Debt Service UW-Platteville has two types of debt service on facilities – General Fund Borrowing is funded through state appropriations of general purpose revenue – Program Revenue Borrowing is funded through University revenues including TSI Debt is issued centrally by the State 20 year bonds are typical 18

19. Debt Service Detail DescriptionFund FY2011 Budgeted FY2012 Budgeted FY2013 Budgeted Bond End Date General Fund110 5,462,888 3,590,3337,463,788 Parking123227,300 204,400265.200FY2030 PAC12312,726 12,716-FY2012 Fieldhouse Addition123319,294 430,704380,807FY2031 Children's Center12335,842 36,09235,854FY2020 Pioneer Student Center123919,251 926,966934,511FY2021 Residence Halls1231,913,710 1,919,4392,160,374FY2032 Stadium123154,771 155,808156,287FY2025 Food Service/Union123428,239 441,453439,809FY2031 Chancellor's Residence12315,241 15,36015,289FY2019 Subtotal123 4,026,374 4,142,9384,388,131 TSI194 2,070,000 FY2031 Grand Total Debt Service 11,559,262 11,675,826 13,921,919 19

20. Proceed with Strategic Planning Research and develop different budget process Budget request form http://www.uwplatt.edu/business/forms.html http://www.uwplatt.edu/business/forms.html Budget submissions are due December 15 th through your division leader Questions and Next Steps 20