1. Budgetary Affairs Committee Report Faculty Senate Meeting February 21, 2013

2. SUMMARY: S&T GENERAL OPERATING BUDGET* FY 2013: $4.1M in reductions; $3.0M re-investment; $1.9M increase in salaries; no deficit FY 2014: (preliminary assumptions) $3M increase in fees ( 1.7%/4.4%/6.0% ); 3% increase in salaries; $1.1M Geo- Thermal bond debt; projected estimate: $2.4M “planning” deficit * Budget data provided by Carol Heddinghaus

3. UM FY2013 Operating Budget Information: http://www.umsystem.edu/ums/fa/budget/operating/ http://www.umsystem.edu/ums/fa/budget/operating/ S&T FY2013-14 Budget Information http://web.mst.edu/~hale/BAC

4. (includes IT Fee) Student org. sales, health services,, St. Pat’s, summer fees http://web.mst.edu/~hale/BAC up from $50.7M

5. physical facilities, charges printing, video communications, Havener Center Residence Hall/ housing to capital replacement Transfers to pay debts from Aux Services income S&T to/from System People Soft etc. All E&E Library acquisitions parking lots, http://web.mst.edu/~hale/BAC

8. Increases

9. Distance Ed. Recovery, Gifts, Endowment Assessment + 1.7%/+4.4%/+6.0%

11. http://web.mst.edu/~hale/BAC/FY2013BudgetBook[1].pdf COMPARISON WITH OTHER CAMPUSES

12. SUMMARY: S&T GENERAL OPERATING BUDGET* FY 2013: $4.1M in reductions; $3.0M re-investment; $1.9M increase in salaries; no deficit FY 2014: (preliminary assumptions) $3M increase in fees ( 1.7%/4.4%/6.0% ); 3% increase in salaries; $1.1M Geo- Thermal bond debt; projected estimate: $2.4M “planning” deficit * Budget data provided by Carol Heddinghaus

13. Supplementary Slides