Consistent distribution of revenues and costs Distribute revenues to units Units pay for all the costs associated with their programs Eliminate the “General Purpose” budget Central Costs Expose costs Allocate central costs to units based on cost drivers University Support Pool (USP) Used for initiatives and subventions Funded by Unrestricted central resources Portion of Tuition from Colleges and Schools, e.g., 10%

Revenues Undergraduate Tuition and Fees Graduate Tuition and Fees New York State Appropriation Philanthropy Endowment Payout (including endowed professorships) F&A from external grants (indirect cost return) Expenses Central Administrative Costs (Allocated Costs) Central Initiatives and Subventions (USP) Undergraduate Financial Aid Graduate Financial Aid Facilities & Utilities Costs Debt

All Units SourcesUnits Gifts Endowment Income Sponsored / Federal Facilities & Administrative Enterprise / Other Undergraduate + Professional Tuition Graduate Tuition State Appropriation Central Unrestricted Gifts + Investment Income Administrative Units Colleges + Academic Units Contract Colleges + Facilities True-Up Provost Allocation Tuition Pool USP / Allocated Costs

 All academic year undergraduate tuition revenue pooled  The pool includes a payment from the NYS Allocation (true up)  USP tax deducted from the pool  Remaining tuition pool returned to  the home college in which the student is enrolled  college where instruction occurs  Financial Aid  The undergraduate financial aid office will package students using centrally held endowments and grants to reduce the amount distributed to units.  Remaining unmet need is pooled and distributed across all colleges proportional to the tuition they receive. Colleges will be able to use their own financial aid endowments to fund costs.  Financial aid associated with on-campus Housing and Dining

 Graduate Tuition flows directly to Colleges/Schools  Professional student tuition subject to USP (Provost tax)  Research student tuition not subject to USP  Colleges will be responsible for tuition aid  The Graduate School will continue to provide fellowships (stipends and health insurance)

 Equalize in-state undergraduate tuition (true-up)  Support contract colleges

 Facilities and Administrative charges (F&A) on grants will primarily be distributed to the college/school expending the research dollars  2% returned to PI  Central research costs will be distributed proportional to external research funding. Research initiative pool managed by SVPR.

 Allocated central costs will be distributed based on the following metrics (proxies for drivers of costs)  Number of graduate and professional students  Undergraduate tuition  Number of faculty  Number of staff  Research expenditures  Five-year rolling average of gifts received

Cost CategoryDistribution Basis FacultyProportionate share of academic FTE Alumni/Development Support Alumni Affairs paid by central resources. Development costs distributed by proportionate share of a five-year rolling average of cash gifts. FacilitiesProportionate share of assigned square footage in all units by category UtilitiesActual billings EmployeeProportionate share of total employee FTE in all units ResearchProportionate share of direct research expenditures Student Support All Proportionate share of grad and professional student enrollment and undergraduate student tuition UndergraduateProportionate share of undergraduate student tuition GraduateProportionate share of graduate and professional student enrollment Mixed Students, Faculty, StaffProportionate share of students, faculty, and staff Students, Faculty/Academics (Library) Proportionate share of students and faculty and academic personnel

Cost CategoryAmount Faculty $6,910 Alumni/Development Support $24,586 Facilities $17,431 Utilities - Employee $15,713 Research $30,589 Student Support - All $19,799 Undergraduate $28,587 Graduate $12,264 Mixed - Students, Faculty, Staff $106,527 Students, Faculty/Academics (Library) $46,512 Total $308,917

Facilities  Operations and Maintenance expenses will be distributed and paid by all units that have assigned space  Charge will reflect averaged costs for the campus based on classification of space  Public facilities will be distributed to all units Utilities  Cost will be paid directly by units

 Finance Officers  November 14  Individual Deans & College Officers  Month of November  General Campus Wide Forums  December 12 th & 20 th  Utilities, Maintenance, Building Care, Debt Service  January 8 th  Tuition, Enrollment, Financial Aid & State Appropriations  January 10 th  Allocated Costs, Libraries, University Support Pool (USP)  January 17 th  Facilities and Administrative Cost (F&A), Research  January 24th