1. 1 Tuition Policy Advisory Committee September 16, 2004

2. 2 Sources of Funds Educational and General – State appropriated and Available University Funds (AUF) Designated Funds Sponsored Research Grants and Contracts Auxiliary Enterprise Funds Gift Funds

3. 3 Educational and General Funds (E & G) 14-accounts – State Appropriated Funds 20-accounts – Available University Funds (AUF) Sources of 14-accounts General revenue appropriations provide by the Legislature Tuition: statutory and graduate differential Indirect cost income from sponsored projects Laboratory and supplemental fees and library fines Uses of E & G Funds Instruction Research Administration Scholarships Sources of 20-accounts AUF derived from income from Permanent University Fund

4. 4 Designated Funds 19-accounts Sources of Designated Funds Academic: Base Designated Tuition – ($46/SCH) established by the Legislature Academic Sustainability Tuition – designated tuition established by the Board of Regents Mandatory Student Incidental Fees College and Course Incidental Fees Use of Designated Funds Academic: Other: Continuing Education, Conferences, Camps Programs and activities relevant to the educational mission of the University Other: Public service activities relevant to the mission of the University

5. 5 Sponsored Research Grants and Contracts 26-accounts Source of Sponsored Funds Funds provided by external agencies and sponsors for specific research and educational programs Use of Sponsored Funds Funds can only be used for the purpose specified in the award

6. 6 Auxiliary Enterprise Funds Auxiliary Enterprise Units generate income by providing goods and services to the campus community and the general public 29-accounts Examples of Auxiliary Enterprise Units Parking & Transportation Housing and Food Athletics (includes Frank Erwin Center) Recreational Sports Texas Union Sources of Auxiliary Funds Uses of Auxiliary Funds Managed as self-supporting units and all expenditures support the auxiliary function

7. 7 Gift and Endowment Funds 30-accounts Source of Gift Funds Cash received from external donors usually for a specific purpose Use of Gift/Endowment Funds Funds are controlled by the terms and conditions of the gift/endowment Source of Endowments Annual interest earnings on the investment of the principle Note: In addition, substantial, non-monetary gifts are often received (real estate, art work, stocks & bonds, core samples, etc.)

8. 8 2004-05 University Budget Change from 2003-04 Academic931.677.9 (E & G and Designated) Sponsored Research314.222.0 Gifts and Endowments143.214.1 Auxiliary178.58.9 TOTAL$1,567.5$122.9

9. 9 University Finances Fiscal Year 2004 - 05 Total University Budget = 1.567 B

10. 10 Educational and General Funds 2004 – 05 Fund Sources General Revenue Appropriations292.0 M Tuition95.2 M Indirect Cost – Research Support41.0 M Interest2.2 M Prior Year Balances3.0 M Other0.7 M Available University Fund106.3 M Transfers from the Coordinating Board: State Research Grants2.2 M Texas Grant Program, Financial Aid15.8 M TOTAL558.4 M

11. 11 Designated Funds 2004 – 05 Fund Sources Designated Tuition63.8 M Academic Sustainability Tuition70.2 M Mandatory & Incidental Student Fees108.3 M Sub-Total242.3 M Student Financial Aid12.3 M Continuing Education20.2 M University Interscholastic League6.2 M Indirect Cost - Research Support14.3 M Interest on Time Deposits1.5 M Other69.9 M TOTAL366.7 M

12. 12 Academic Funding 2004 – 05 Personnel Detail E & GDesignatedTOTAL Staff151.7 M84.0 M235.7M Faculty200.5 M0.6 M201.1 M TA’s17.4 M0.6 M18.0 M Wages6.3 M16.0 M22.3 M Sub-Total Salaries375.9M101.2 M477.1 M Fringes110.0 M27.8 M137.8 M TOTALS485.9 M129.0 M614.9M Personnel Expenditures = 66.5% of Total Academic Budget

13. 13 Academic Budget Over 30 Years

14. 14 Budget Revenue Summary Fiscal Year 2004 - 2005 Revenue Increases/(Decreases) from 2003 – 2004 Budget General Revenue Appropriations0.1 Available University Funds(3.0) Tuition0.8 ITAC/Library/Designated Tuition/AST/Other Fees72.6 Other Designated Increases1.8 Transfers from the Coordinating Board (THECB)5.1 Net Revenue Increase77.4 Reductions in Current Budget Reduction to Contributions for Athletics0.5 Net Expenditure Decrease0.5 Available Funds for 04-05 Budget77.9

15. 15 Budget Expenditure Summary Fiscal Year 2004 - 2005 Expenditure Increases from 2003 – 2004 Budget Salary / Fringe Benefits25.6 New Faculty Positions1.8 Faculty Start-Up Cost and New Program Initiatives6.6 Research Infrastructure0.9 Repair and Renovation16.0 Scholarships (AST Set-Aside)19.7 Utilities – Rate and Consumption Increase6.0 Commitments List1.3 Total Budget Increase77.9 Available Budget77.9 Budget Surplus0

16. 16 Tuition and Fee Sources Statutory Tuition – rate established by the Legislature, scheduled to increase annually by $2/SCH until 2005-06; rate is $48/SCH for 2004-05 academic year Base Designated Tuition – authorized by the Legislature, with rate set by the Board of Regents; UT Austin rate is fixed at $46/SCH Differential Tuition - authorized by the Legislature, with rate set by the Board of Regents for graduate programs, and Law and Pharmacy first-professional programs Academic Sustainability Tuition – flat rate, designated tuition set by the Board of Regents for full time students; for 2004-05: resident $720, non-resident returning $800, first-time enrolled non-resident $1200 Mandatory Incidental Fees – authorized by the Board of Regents; University wide, required fees assessed on SCH or headcount basis College & Course Specific Incidental Fees – authorized by the Board of Regents, assessed on SCH or headcount basis

17. 17 Mandatory & Incidental Student Fees 2004 – 05 Expenditures Information Technology31.7 M Advising12.5 M Application / Admissions4.1 M Placement6.3 M Equipment5.7 M Instructional Resource16.3 M Orientation1.5 M Writing Center1.1 M Course Specific Fees2.3 M Library15.7 M Book Fines / Late Fees0.7 M Other10.4 M TOTAL108.3 M

18. 18 Academic Sustainability Tuition 2003– 04 vs 2004 – 05 Expenditures FY 03-04FY 04-05 Tuition Grants (Financial Aid)3.9 M17.1 M B-On-Time (Financial Aid)0.6 M2.6 M Maintenance, R&R, ADA Compliance11.7 M16.0 M Faculty & Staff Salary Increase0.0 M25.6 M Hire 30 additional Faculty members0.0 M2.3 M Faculty & Program Start-up funding0.0 M6.6 M TOTAL16. 2 M70.2 M

19. 19 Academic Sustainability Tuition Fall 2004 / Spring 2005 SEM Credit Hrs (SCH)ResidentContinuing Non-Resident New Non-Resident Undergraduate Full-Time12+ Hours (Fixed)$720$800$1,200 Part-Time8 – 11 Hours (Fixed)$576$640$960 1 – 7 Hours (Prorated) 1 st Hour$216$240$360 Each Add’l Hour$36$40$60 Graduate Full-Time9+ Hours (Fixed)$720$800$1,200 Part-Time1 – 8 Hours (Prorated) 1 st Hour$216$240$360 All Other Hours$65$72$108

20. 20 Financial Aid Grant Award for Academic Sustainability Resident Undergraduate Tuition Annual IncomeAwards $0 - $40,000100% $40,001 - $60,00075% $60,001 - $80,00050%