BUDGET DEVELOPMENT. WKU Budget Educational And General UnrestrictedRestricted Auxiliary.

Slides:

Advertisements

Similar presentations

UNIVERSITY OF NEBRASKA AT KEARNEY BUDGET OVERVIEW Barbara L. Johnson Vice Chancellor Business and Finance October 2011.

Advertisements

OVERVIEW OF THE WKU FY BUDGET OCTOBER 2009 PRESENTED BY MIKE DALE & LADONNA HUNTON OFFICE OF THE PROVOST & VPAA WESTERN KENTUCKY UNIVERSITY SOURCE.

Faculty Convocation February 11, Financial Status

UW-Platteville Financial Overview October/November 2014 Robert Cramer - Vice Chancellor Financial Services 1.

2010–2011 CAPITAL AND OPERATING BUDGET UNIVERSITY OF KENTUCKY.

UNIVERSITY OF NEBRASKA AT KEARNEY BUDGET OVERVIEW Barbara L. Johnson Vice Chancellor Business and Finance October 1, 2014.

A Primer on The University Budget Fiscal Year

UW-Platteville Financial Overview October/November 2013 Robert Cramer - Vice Chancellor Cathy Riedl-Farrey - Director, Financial Services 1.

1 Tuition Policy Advisory Committee September 16, 2004.

Overview of UTSA’s Discretionary Budget Presented by: Mary Simon Sr. Director Budget and Planning Development.

FY10 Budget Snapshot budget.missouri.edu. MU Funding Sources Fiscal Year 2010 *See the following slide for detail General Operating Funds483,136,98327%

Office of the President FY 2010 Budget FY09 Original FY 09 Final FY10 Total State Budget $214,181.4 $192,893.1$207,711.7 General Fund161, , ,642.8.

FY10 Budget Snapshot budget.missouri.edu. MU Funding Sources Fiscal Year 2010 *See the following slide for detail. Tuition260,658, % Supplemental.

Budget.missouri.edu Mizzou Budget Facts. Current Funds Budget Sources Fiscal Year 2008 (Includes Extension; Excludes UM Health Care) *See the following.

Budget Training The University of Montana 2010/2011 Session I The Budget Environment.

Town Hall Meeting Development of Next Two-Year Budget FY2010 and FY2011 December 4, 2008 Presented by: Scott Bass, Provost and Don Myers, Vice President.

University of Colorado at Boulder 1 New Regent Orientation University of Colorado at Boulder March 11, 2009.

Overview of UTSA’s Discretionary Budget

1 March 5, 2014 Budget Education. Agenda External Environment External Environment Financial Structure Financial Structure General Fund Budget Overview.

FY Budget Documents Executive Summary Approval of Tuition & Fees Schedule Recurring Reduction Implementation Plan Narratives Revenue Summary Expenditure.

A Primer on The University of Texas at Austin Budget Fiscal Year

UNIVERSITY OF KENTUCKY Tuition and Mandatory Fees see blue.

1 State University System Operating Budget. 2 NATURAL RESOURCES $9, % CRIMINAL JUSTICE $3, % GENERAL GOVERNMENT $4, % EDUCATION.

Leading and Managing Budgets University of Mary Washington FY

Clemson University- Budgeting. Why Bother to Budget? Plan that helps identify known and anticipated financial problems Needs generally always greater.

FY Budget Documents  Executive Summary Recurring Reduction Implementation Plan  Narratives  Revenue Summary  Expenditure Summary by Organizational.

March 28,  Operating Budget Status  Financial Outlook  Continuing Challenges 2.

FY 16 All Sources Budget Expenditures. Funding Source FY 16 State Appropriation$15,870,163 Tuition$8,540,493 Tuition - Financial Aid$459,144 Auxiliaries$1,997,297.

Planning and Budget Committee February 20, Agenda Current Financial Position Sequester Revenue and Expenditure Comparisons FY08 to FY14 FY16 Revenue.

BUDGET OVERVIEW Barbara L. Johnson Vice Chancellor Business and Finance October 2010.

Open Budget Forum Walt Branson October 28, FY 14 Current Fund Original Budget Gross Revenue, before reduction of revenue to be expended on student.

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

HEARTLAND COMMUNITY COLLEGE FINANCIAL UPDATE OCTOBER 16, 2009.

UNIVERSITY OF NEBRASKA AT KEARNEY BUDGET OVERVIEW Barbara L. Johnson Vice Chancellor Business and Finance November 2015.

FY2015 Supplemental Operating Budget FY2015 Operating Budget Board of Trustees Meeting – June 27,

Operating Budget Funding Sources State Appropriations - General Revenue Formula Funding, Special Items, Benefit Cost Sharing THECB Transfers TX Grant,

A Primer on The University of Texas at Austin Budget Fiscal Year

UBC report to Faculty Senate January 25, 2011 Sources of information: ECU annual financial reports:

Budget Process General Revenue External Legislature Appropriates Sets Enrollment Growth Internal President Issues instructions/guidelines Institutional.

Operating Budget Budget Dollar Increase Percent Increase Total Budget$381,723,000$29,443,5008.4% Total E&G358,685,00028,256,7008.6% Unrestricted.

UW-Platteville Financial Overview November 2015 Robert Cramer - Vice Chancellor 1.

Historical Overview of Strategic University Financial Indicators Presentation to University Faculty Senate December 3, 2007.

Heartland Community College Fiscal Year 2010 Tentative Budget.

Chair/Director Orientation David J. Cummins Vice President for Finance & Administration/CFO August 21, 2013* *[ David Cummins has added the following correction.

A Primer on The University Budget Fiscal Year

AUBURN UNIVERSITY FY13 Budget Presented to the General Faculty Meeting October 9, 2012.

University Budget Process Stability of revenue sources compared to most businesses Role of financial statement- financial accounting at one point Operational.

UNIVERSITY OF NEBRASKA AT KEARNEY BUDGET OVERVIEW Jon C. Watts Vice Chancellor Business and Finance September 2016.

HIGHER EDUCATION FINANCE AND BUDGETING May 2017

Business Managers Meeting November 3, 2016

Budgetary Terms State General Fund (SGF) - State funds appropriated by the Legislature General Fees - Student Tuition General Use Funds (GU) - Funds that.

A Primer on The University Budget Fiscal Year

Fiscal Management.

FY2015 ACTUAL AND FY 2016 ESTIMATED REVENUE AND EXPENDITURES

Fiscal Year 2009 Budget Preparation Briefing June 25, 2008

Operating Budget Budget Dollar Increase Pct Increase

FLORIDA ATLANTIC UNIVERSITY

FLORIDA ATLANTIC UNIVERSITY

UNIVERSITY OF NEBRASKA AT KEARNEY

FLORIDA ATLANTIC UNIVERSITY

Budgetary Terms State General Fund (SGF) - State funds appropriated by the Legislature General Fees - Student Tuition General Use Funds (GU) - Funds that.

Michael McKee | Vice President and Chief Financial Officer

Operating Budget Budget Dollar Increase Pct Increase

FLORIDA ATLANTIC UNIVERSITY

UNIVERSITY OF NEBRASKA AT KEARNEY

Operating Budget Budget Dollar Increase

CAMPUS FORUM June 22, 2005.

budgets Changed date to 4th Monday in June

Budget Background and FY 2020 Budget Proposal

Campus Financial Status

Presentation transcript:

BUDGET DEVELOPMENT

WKU Budget Educational And General UnrestrictedRestricted Auxiliary

Revenue = Expense

FY12 Revenue by Source

Tuition & Fees $165 M in FY12 Resident Undergraduate Tuition Rate Increase Mid April

State Appropriation $77M Lump Sum Appropriation $9.35M Reduction since FY09 $5M Reduction FY13 Balance of State Appropriation/Tuition

Restricted Funds $72M Grants & Contracts Federal and State Student Financial Aid Restricted by External Sources

Self Generated $45M Includes Carry Forward Examples: Parking & Transp. Health Services University Farm Gifted Studies Theatre Athletics Rev Estimates Submitted by Divisions In Feb.

Auxiliary Enterprises $25M Food Services Bookstore Printing Services Housing (SLF)

Expenditures Fixed Costs and Commitments Library Books/Subscriptions Inflation Contractual Obligations Elevator IT Systems Benefit IncreasesRetirement Sys.Faculty PromotionsProvided AnnuallyMaint./ Operations New Facilities Maint. and Utilities Strategic Priorities

Budgeted Expenditures by Organizational Area (in Millions)

Budgeted Expenditures (in Millions)

Example of a Departmental Budget