1. Budget Forum Oxford Campus January 15, 2009

2. Oxford Campus Educational and General Budget Future Budget Commitments (Revenue Increase or Budget Reduction) FY 2010 through FY 2015 DescriptionFY 2010FY 2011FY 2012FY 2013FY 2014FY 2015 Annual Commitment FY 2015 Debt Service Commitment for Capital Projects $ 5,259,604 $ 1,475,160 $ 1,393,903 $ (2,966) $(2,500,734) $ (18,950) $ 5,606,017 New Building Operations 1,500,000 $ 1,500,000 Utility Enterprise-Capital Projects 500,000 $ 500,000 Parking-Capital Projects 750,000 450,000 $ 1,200,000 Scholarships 1,050,000 $ 1,050,000 Academic Improvements 500,000 $ 3,000,000 Faculty Start-Up 650,000 $ 650,000 One-Time Program Improvements 2,328,270 (2,328,270) $ - Current Budget Deficit 6,000,000 $ 6,000,000 Enrollment Growth (6,500,000) $ (6,500,000) Total $ 12,037,874 $ (353,110) $ 1,893,903 $ 947,034 $(2,000,734) $ 481,050 $ 13,006,017

5. Budget Risks Major Revenue Budget Budget ValueBudget Risk State Appropriations: State Share of Instruction$65,007,840 Success Challenge$3,807,052$7,000,000 *$68,814,892 Fall 2009 Enrollment Growth$6,500,000$3,250,000 Undergraduate Nonresident Enrollments$118,300,000 Investment Income$8,500,000$4,250,000 Unrestricted Endowment Earnings or Distribution$3,000,000$1,500,000 Salary Increase (3%)$6,500,000 Smaller Tuition Increase-------$16,000,000 * The state appropriation has been cut by $308,000 in FY 2009. An additional cut of $82,000 is still being discussed Calculation of Proposed Budget Reductions Original Budget Cut (reduced for delay in capital projects)$9,600,000 Proposed Additional Cut with No Salary Increase$12,400,000 $22,000,000

6. Budget Risks Budget ValueBudget Risk State Appropriations: State Share of Instruction$65,007,840 Success Challenge$3,807,052 *$68,814,892$7,000,000 Fall 2009 Enrollment Growth$6,500,000$3,250,000 Undergraduate Nonresident Enrollments$118,300,000 Investment Income$8,500,000$4,250,000 Unrestricted Endowment Earnings or Distribution$3,000,000$1,500,000 Salary Increase (3%)$6,500,000 Smaller Tuition Increase?____?_____ $16,000,000 * The state appropriation has been cut by $308,000 in FY 2009. An additional cut of $82,000 is still being discussed Calculation of Proposed Budget Reductions Original Budget Cut (reduced for delay in capital projects)$9,600,000 Proposed Additional Cut with No Salary Increase$12,400,000 $22,000,000

7. Budget Reductions Target and Allocation Oxford Total Budget (Net of Miami Plan Scholarships)$347,000,000 Oxford Division Budget$280,000,000 Targeted Budget Reduction$22,000,000 Targeted Budget Reduction$22,000,000 Percentage of Total Oxford E & G Budget (Excluding Miami Plan Scholarships)6.34% Percentage of Division Budget7.86% Division Percentage of Division Budgets Percent of Budget Reduced Share of Budget Reduction Budget Reduction Executive2.2%11.0%3.2%$690,482 Academic Affairs67.8%3.5%30.2%$6,650,939 Finance and Business Services16.4%11.0%22.9%$5,042,939 Information Technology Services7.5%11.0%10.5%$2,315,390 Student Affairs3.1%6.5%2.6%$571,071 Advancement Services3.0%6.5%2.5%$545,321 Central Reduction 28.1%$6,183,858 Total100.0% $22,000,000