Budget Summary Town Hall Report September 22 & 23, 2009

Summary Budget Summary State reduced our operating budget by 4.2% Provided one-time monies of equal amount Tuition revenues increased due to rate increase of 5% and projected budget enrollment increase of 2% Allocation of recurring money to recurring needs

Budget Summary State Budget Recurring Reduction ($ 1,393,681) 4.94% Incentives (40%) 209,263.74% Net Reductions ($ 1,184,418) 4.20% Overall Higher Education net reduction was 3.81%. Overall Four-year net reduction was 4.54% Non-Recurring ARRA Funding $ 1,184,418

Budget Summary State Budget No capital projects for PUC R&R Funding Recurring($ 137,254) 24.86% Non-Recurring (ARRA) $ 276, % Net $ 138, %

Budget Summary State Budget Recurring Reduction (from ) ($ 414,527) 1.53% Incentives (40%) 137,042.51% Net Reductions ($ 277,485)1.03% Overall Higher Education net reduction was 0.27%. Overall Four-year net reduction was 1.38% Non-Recurring ARRA Funding $ 277,485 ($ 1,461,903 total)

Budget Summary State Budget No capital projects for PUC R&R Funding No change from Retains $ 276,047 in ARRA non-recurring funding

Budget Summary University Budget Recurring Operating Revenue State Appropriations Operating($ 1,184,418) State Appropriations Debt Service($ 122,797) Tuition and Fees $ 3,492,720 Other $ 185,351 Reallocations $ 1,245,800 Total $ 3,616,656

Budget Summary University Budget Recurring Operating Revenue Tuition Breakdown: 5% Resident Increase/6% Non-Resident Enrollment Change$ 1,074,239 Budget is based on a 2.04% credit hour increase from prior budget, but budget number is 1.11% below actual. Rate Increase$ 2,204,000 Technology Fee$ 107,481 R&R Fee$ 107,000

Budget Summary University Budget Recurring Operating Tuition and Fees: Per Hour Fees ResidentNon-Resident New Student-Undergraduate $ $ New Student-Graduate $ $ Students continuously enrolled since fall 2006 $ 3.10 less Technology Fee $ 7.65 Student Service Fee (level with assessment change) $ 5.15 Parking Fee (level with assessment change) $ 4.75 Lab Fee (for applicable courses) $ 56.30

Budget Summary Student Financial Aid Budgeted Scholarships and Grants $ 19, Fee Remissions 242,000 Loans 37,495,000 Employment Related 5,553,000 Total $ 62,700,000

Budget Summary University Budget Recurring Operating Allocations: Salaries, Wages and Benefits Salary Pool $ 0 Faculty Promotions 60,000 Employee Benefits 360,802 Student Minimum Wage 40,000

Budget Summary University Budget Recurring Operating Allocations: Instructional Support Continuing Lecturers $ 250,000 Academic Advising Support 80,000 Library Electronic Resources (offset) 100,000 Instructional Lab Support From Lab Fee Increase 108,200 Additional Allocation 100,000

Budget Summary University Budget Recurring Operating Allocations: Positions Counselor, Counseling Center $ 50,000 Registered Nurse, Student Health Center 40,000 Campus Police Officer 46,074 Information Access Specialist 55,000 Benefits and S&E 80,426

Budget Summary University Budget Recurring Operating Allocations: Strategic Reserve$ 1,000,000

Budget Summary University Budget Recurring Operating Allocations: Other Repair &Rehabilitation Student Fees 107,000 Additional Allocation 260,104 Athletic Expansion (year 1) 76,975 Utilities and Insurance 223,500 Fee Remissions 374,000

Budget Summary University Budget Recurring Operating Allocations: Other Technology Reserve (Student Fees)$ 107,481 Debt Service (Offset) ( 122,797) Miscellaneous 219,891 Total Allocations $ 3,616,656

One-Time Allocations Allocation of Available Funds Gyte Learning Commons, Phase 3 $ 700,000 Library Renovation 250,000 Faculty Computer Upgrades 450,000 Classroom Upgrades 300,000

One-Time Allocations Allocation of Available Funds Schneider Ave Bldg, Completion $1,535,000 Alumni Hall Ceiling and Foyer 200,000 Fitness Center Equipment 40,000 SLT Special Projects (TBD) 400,000

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