Budget Advisory Committee 9/12/2014

A Few Key Budget Terms Appropriation Allocation Personnel Services Total spending authority NYS generally provides appropriation to the University as a whole Allocation Release of spending authority; distribution of funds to campuses & departments for expenditure control To control spending, the Division of Budget may choose to release allocation for any appropriated funds over the course of the fiscal year, rather than releasing all of it at the beginning of the year. Personnel Services All activity related to payroll and wages PS-Regular (PSR) = regular, ongoing salaries & wages PS-Temporary (PST, or “Temp Services”) = temporary salaries & wages; includes student workers OTPS – “Other Than Personnel Services” Everything other than salaries and wages E.g. Supplies, Travel, Contractual Services, Equipment, Utilities, internal campus charges for services (automotive, telephone, etc.) Recurring Refers to resources or expenditures that are expected to be ongoing e.g. an ongoing revenue stream such as student fees, or an ongoing expense such as a position One-time Refers to resources or expenditures that are expected to occur only once, or irregularly e.g. an energy-savings rebate, or payment for an office renovation

State Appropriated Funds Campus Tuition & related revenue + State Tax Support a.k.a. “Core operating funds” or “State funds” Student tuition, college fee, interest and NYS general tax support University-wide Program Support NYS tax supported, targeted program funds Child Care Center, EOP, etc. Overflow Enrollment & Summer Session a.k.a “SUTRA” Tuition revenue over & above planned fall & spring tuition revenue (“Overflow”) Summer Session activity IFR “Income Fund Reimbursable” Self-supported special revenue funds supported either fully or primarily by campus generated income e.g. student fees, rental of facilities, high school outreach programs, pass-through funds Res Hall a.k.a. “DIFR”, “Dormitory IFR” Self-supported fund dedicated to res hall operations funded by room rents & related charges

Non-appropriated Restricted Purpose Funds College Foundation Funded by endowments, gifts & annual giving Research Foundation Research, public service and training activities funded from a variety of external sources and administered by the SUNY Research Foundation Oneonta Auxiliary Services (OAS) Dining services, bookstore, vending, and other auxiliary operations

*Direct Impact & Administrative categories are defined by SUNY

Budget Challenges: 2014-15 & Beyond No state funding for mandatory cost increases and inflation Tuition increases have covered these costs in last several years Contractual salary increases Utility inflation End of planned tuition increases on the horizon 5-year state-approved plan ends w/ 2015-16 tuition increase Restoration of campus reserves Generate new revenue sources &/or savings to replenish reserves Investments in our future Resources for strategic plan initiatives Resources for other major campus planning initiatives Academic Master Plan, Facilities Master Plan, Enrollment Plan