1. Campus Budget Overview Fall 2010 Kelly Ratliff Budget and Institutional Analysis

2. Budget Planning: Administrative & Resource Management 2 Budget Process: Timeline Regents Budget Request (November) Governor's Budget Proposal (January) Legislative Committees Advocacy (Spring) Governor’s May Revision (mid-May) Legislative and Governor Final State Budget Act (July?) Campus Budget Process

3. Budget Planning: Administrative & Resource Management 3 Campus Facts: UC Davis Sources of Funds July 1, 2010 Core Funds (State and Tuition) $576.3 million 2009-10 Campus Revenue by Fund Source Total $3.09 Billion The instructional mission is supported largely with state and student fee funds. Many UC funds are restricted. –Federal funds primarily fund research. –Services and auxiliaries include student housing, parking, clinical activities and others. –Private and local funds are usually restricted to specific programs or research activities.

4. Budget Planning: Administrative & Resource Management 3 Core Fund Budget Overview amounts in millions2008-092009-102010-11 Prior-year($3.6)($15.5)($52.4) State Budget actions($16.4)($84.7)$30.0 PEB employer contribution($4.1)($10.3) Salary, Benefit cost increases($30.3)($10.6)($24.0) TOTAL SHORTFALL($50.3)($114.8)($56.7) New Revenue (fees, tuition)$8.2$26.4$30.0 Permanent reductions to units$16.7$36.0$34.2 Central benefit savingsNone $6.4 Shortfall remaining($25.4)($52.4)$13.9 Furloughs (Sep 09 – Aug 10)$28.9$5.0 ARRA stabilization funds$15.0 Other temporary actions$10.0$23.5$14.5 Less one-time transition funds$0.0 ($20.1) NET (SHORTFALL)/RESERVE($15.4)$0.0$28.3

5. Budget Planning: Administrative & Resource Management 3 Budget Planning for 2011-12 amounts in millions2009-102010-112011-12 Prior-year($15.5)($52.4)$13.9 State Budget actions($84.7)$30.0pending PEB employer contribution($4.1)($10.3)($10.0) Salary, Benefit cost increases($10.6)($24.0)($15.0) TOTAL SHORTFALL($114.8)($56.7)($11.1) New Revenue (fees, tuition)$26.4$30.0pending Permanent reductions to units$36.0$34.2 Central benefit savingsNone$6.4 Shortfall remaining($52.4)$13.9pending Furloughs (Sep 09 – Aug 10)$28.9$5.0 ARRA stabilization funds$0.0$15.0 Other temporary actions$23.5$14.5 Less one-time transition funds$0.0($20.1) NET (SHORTFALL)/RESERVE$0.0$28.3

6. Budget Planning: Administrative & Resource Management 6 Budget Planning for 2011-12 Moving Forward Significant challenges remain: –State Budget – structural deficit remains, new Governor/Legislature –Post-employment benefits – significant cost for all fund sources –Compensation gaps for faculty and staff –Health benefit cost increases –Unfunded/underfunded enrollment –Implementation of budget reductions from the last three years Opportunities –2010-11 State Budget supportive of UC and CSU –Comprehensive Campaign –Some faculty hiring continues –Good bidding climate for capital projects –New approaches to how we do business

7. Budget Planning: Administrative & Resource Management 7 Campus Budget: Information Sources Budget News Campus, UC system, state budget information – budgetnews.ucdavis.edu budgetnews.ucdavis.edu Data, analysis, reports – facts.ucdavis.edu/Campus Facts facts.ucdavis.edu/ – budget.ucdavis.eduCampus Budget Office budget.ucdavis.edu Advocacy – www.ucforcalifornia.org www.ucforcalifornia.org Annual financial schedules and reports – www.universityofcalifornia.edu/reportingtransparency/ www.universityofcalifornia.edu/reportingtransparency/