1. FY 2016/2017 Budget Post Review Update
Seeking Approval of Revised Budget:
FY 2016/2017 Operating Budget
Operating Contribution of $378,390 ($387,569)
Reported Net Contribution of $778,390 ($867,569)
Updated Housing Contract still pending
New Offerings may reduce Revenue
Material impact unknown but limited given mix of variable offerings. No change to Residential Dining
Expense Adjustments per Recommendation
FY 2016/2017 Budget Review

2. FY 2016/2017 Budget Post Board Review Adjustments
Targeted Investment return at 5% $400K
Down from $480K
Increased Incentive from $300K to $325K
Capital Funding Increased to $1,428,195
$25,000 increase for Outpost Seating
New - CSU Bond Refunding for Outpost
Interest reduction of $15,821
FY 2016/2017 Budget Review

3. FY 2016/2017 Budget Meal Plan Type Sales Impact
Meal Types (10/19/Unlimited/Declining/14Flex)
Baseline % – 32/41/14/13/0 (Based on meal selected)
Equal is 1/5
Trend % – 32/21*/14/13/20* Assumes 50/50 for 19 and new 14Flex plan
Shift to new – 15/15/10/30/30
FY 2016/2017 Budget Review

4. FY 2016/2017 Budget Summary Operating Statement Post BOD Review
Updated to reflect Board Recommended Changes
Key activities include
Incentive Adjustment
Investment return down to 5%
New Item for Outpost Bond Refinancing per CO
No change to Residential Dining Revenue
To many plan options/variables to ascertain material impact.
FY 2016/2017 Budget Review