1. 2012 BUDGET http://mubudget.missouri.edu/

2. Funding Sources Fiscal Year 2012 Tuition Supplemental Fees Mizzou Online & Cont. Education Other Student Fees Federal Appropriations State Appropriations Grants & Contracts Recovery of Indirect Costs Gifts, Endowments & Investment Income “Enterprise” Operations* Total Revenue *See the following slide for detail $308,438,776 16,967,979 20,509,461 38,068,343 16,572,476 202,918,910 227,142,000 36,500,000 65,819,575 1,094,832,199 2,027,769,719 15.2% 0.8% 1.0% 1.9% 0.8% 10.0% 11.2% 1.8% 3.2% 54.0% 100%

3. “Enterprise” Operations Hospitals & Clinics University Physicians University Stores Residential Life Athletics Campus Dining Research Reactor Agriculture Parking KOMU Office of Research/Patent & Royalty Other $666,992,680 152,820,993 56,679,302 42,042,298 43,052,163 26,758,098 10,807,480 9,976,868 7,865,000 7,428,622 3,146,901 34,259,269 $1,094,832,199 60.9% 14.0% 5.2% 3.8% 3.9% 2.4% 1.0% 0.9% 0.7% 0.3% 6.1% 100%

4. Funding Sources Total: $2 B “Enterprise” Operations - $1,094M Hospitals and Clinics University Physicians Athletics Bookstore Housing and Dining Services Restricted - $322M Restricted appropriations Grant and contracts Gifts Endowment distributions Internally Designated - $101M Mizzou Online ITF, Health & Activity fees College Course fees General Operating - $510M Tuition State support Grant & contract indirect costs

5. General Operating Sources Total: $510M State Appropriations $166M Indirect Cost $37M Tuition $308M General Operations Core budget for on-campus teaching and support services

6. State Appropriations Changes FY11-FY13 Amount (in Millions) $ Change (in Millions) Cumulative $ Change Cumulative % Change FY11 Final Budget$179.4 FY12 Approved$169.0-$10.4 -5.8% FY12 Governor’s Initial Higher Ed Withholding$166.7-$2.3-$12.7-7.1% FY12 Governor’s Additional Withholding to UM$164.8-$1.9-$14.6-8.1% FY12 UM System Absorbed ½ of Addt’l Withholding$165.7$0.9-$13.7-7.6% FY13 Projected Budget$166.7-$1.0-$12.7-7.1%

7. General Operating Gifts & Grants Federal Appropriations Rec. Ctr., ITF, Student Health Hospital, KOMU, Athletics, Bookstore State Support Tuition Money Tree

8. 27% 70% 3 % Change in General Operating Funding Sources TUITION STATE SUPPORT

9. State Support Falls Short of Inflation 2001-2011 $ Millions $332M $247M $179M

10. State Support to Higher Education FY 2011 National Comparison* Appropriation per Capita Ranking *Information obtained from the Grapevine Report published by Illinois State University 45 7 18 16 12 21 15 26 24

11. State Support to Higher Education FY 2011 Appropriation per Capita Ranking* *Information obtained from the Grapevine Report published by Illinois State University 41.Michigan 42.Ohio 43.Pennsylvania 44.Rhode Island 45.Missouri 46.Oregon 47.Arizona 48.Colorado 49.Vermont 50.New Hampshire

12. *Information obtained from the Grapevine Report published by Illinois State University 1.Wyoming State Support to Higher Education FY 2011 Appropriation per Capita Ranking* 2.Alaska 4.North Carolina 10.Alabama 3.North Dakota 5.New Mexico 6.Hawaii 7.Nebraska 8.Mississippi 9.Louisiana

13. Balancing Budget With Declining State Support $18M Non-Salary Reduction Hiring Freeze $5.5M Cut in Unit Budgets (FY11) Tuition Increase Enrollment –Non-Resident Student Recruitment –International Student Recruitment –Retention Strategies –Financial Aid Strategies

14. Tuition & Fee Comparison 2010 – 2011 Institution AAU Public AAU Public & Private Big XII Big Ten University of Missouri-Columbia University of Missouri-Columbia (FY12 increase of 5.8%) Average $9,683 $22,449 $9,674 $13,463 $8,501 $8,994 Lowest $5,044 $6,779 $7,417 Highest $15,250 $43,814 $29,824 $40,223 Combined Tuition & Fees Source: AAUDE Annual Academic Year Tuition and Required Fees 2010-11 Composite Report

15. Financial Aid FY 2010 Institutional Sources Federal Sources State of MO Sources Other Outside Sources Total Aid Student Employment at MU Federal Loans Alternative Loans Total Loans Grand Total $93,000,000 27,000,000 12,000,000 10,000,000 $142,000,000 $51,000,000 179,000,000 9,000,000 $188,000,000 $381,000,000

16. Mizzou Online 100 Years of Distance Education Programs 8,000 Students Served Annually 80% from Missouri Degree & Certificate Options (57) –2 nd in the Big XII –More than any Big Ten school 554 Courses Offered $17M in Fee Revenue

17. Intercollegiate Athletics Academic Performance 2.98 overall student-athlete GPA. (Record Performance) 11 sports above a 3.00 team GPA. 253 (54%) student-athletes received a 3.00 or higher GPA. (Record Performance) MU achieved a 2010 Graduation Success Rate of 80%. (Record Performance) MU finished second in the conference with 6 sport teams leading the Big 12 conference in APR and 10 of 20 sport programs finished in the top three in the conference in their respective sport.

18. ICA Self-Sufficiency Division I Comparison No subsidies at: –Texas –Texas A&M –OU –Ohio St. –Michigan –Purdue –Nebraska MU tied for 16 th lowest out of 220 (4%) MU at 4% with Alabama, Georgia, Florida, Michigan St. Source: “Athletics Subsidies at Division I Schools.” USA Today. 23 June. 2011. <http://www.usatoday.com/sports/college/2011-06-23-2011- athletic-department-subsidy-table_n.htm>

19. Select Others –MU –Illinois –KU –Wisconsin –Texas Tech –Minnesota –Tennessee –N. Carolina –Colorado –Cal –Wash St. –Maryland –Mo State –Rutgers –UNLV –SEMO –UMKC ICA Self-Sufficiency Division I Comparison 4% 5% 6% 10% 12% 15% 17% 24% 25% 39% 42% 60% 75% 78% $2.7M $4.0M $3.6M $5.5M $5.9M $8.0M $13.5M $8.8M $7.3M $12.1M $9.3M $13.7M $5.6M $26.9M $34.1M $6.6M $8.6M Source: “Athletics Subsidies at Division I Schools.” USA Today. 23 June. 2011. <http://www.usatoday.com/sports/college/2011-06-23-2011- athletic-department-subsidy-table_n.htm>

20. Economic Impact Federal Funds Nonresident Tuition Total (Plus: Gifts, Endowments, Foundation/Industry Grants, Clinical Trials) MU’s Weekly Payroll Construction Spending –Ten Year Average of $100,000,000 –Currently over $400,000,000 in progress, planning or design Faculty are “small businesses” $370,000,000 110,000,000 $480,000,000 $16,000,000

21. 2012 BUDGET http://mubudget.missouri.edu/