Budget Update 10/25/20152

CSU Final State Budget: $125 million to backfill for tuition fee increase rollback $125.1 of new funding – Governor vetoed language requiring that $10 million be earmarked for access to bottleneck courses Historically our share is 4-6% CSU Final State Budget 10/25/20153

CSU Expenditure Plan for remaining $125.1 million in new funding: Continue to allocate $10 million to alleviate bottleneck courses Mandatory cost increases (health, new space, energy) - $48.2M 1.45% system wide enrollment growth - $21.7M Compensation pool - $38.0M Student Access & Success Initiatives - $7.2M – $675k allocated to CP State Final Budget 10/25/20154

Cal Poly Allocation – Sources & Uses (handout): Campus Enrollment Target – 16,255 Resident FTES Mandatory Costs Continuing Commitments Future Commitments Centrally Administered Budgets Prorated allocation to Divisions State Final Budget 10/25/20155

S&U Worksheet Example 10/25/20156

State Support vs. Tuition & Fees 10/25/20157

Student Success Fee – Second year of three year phase-in of campus fee increase – (based on 16,000 resident FTE) : $160/qtr. ($8.6 million) : $210/qtr. ($11.2 million) : $260/qtr. ($14.0 million) – Allocations focus on access to additional classes, progress to degree, student health & well being, and inclusivity and diversity. Cal Poly Specific Funding 10/25/20158

Reduction in State Support vs. Net Revenue Increase 6 year period ending 2013/14 10/25/20159

S & U Process 10/25/ $ $ CSU Allocation to Cal Poly Sources & Uses Unmet Needs Initiatives Sources & Uses Unmet Needs Initiatives Academic Affairs Student Affairs President Admin & Finance Univ. Adv. $ $ $ $ $ $ Central $1.6M $10.0M $771k $1.5M$67k$6.7M

FY 2013/14 Base Budget by Division 10/25/201511

Funding Sources: State Support (Governor’s proposal) : – Recommended Increase in state support for the next 4 years starting 2013/14 System wide fees (Governor’s proposal) – Assumes no system wide fee increases for the next 4 years Performance Measures, e.g. graduation rates, transfer rates, etc. Enrollment Growth Capital Campaign – Scholarships – Facilities – Programs Future Planning - Sources 10/25/201512