ANGELO STATE UNIVERSITY FINANCE AND ADMINISTRATION Sharon K. Meyer Vice President.
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Transcript of ANGELO STATE UNIVERSITY FINANCE AND ADMINISTRATION Sharon K. Meyer Vice President.
![Page 1: ANGELO STATE UNIVERSITY FINANCE AND ADMINISTRATION Sharon K. Meyer Vice President.](https://reader036.fdocuments.in/reader036/viewer/2022062309/56649e605503460f94b5b45b/html5/thumbnails/1.jpg)
ANGELO STATE UNIVERSITY
FINANCE AND ADMINISTRATION
Sharon K. Meyer
Vice President
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Custom
er Service
“Best P
ractices”
User-friendly Processes
Cost Efficiency
Support Services
ACADEMIC EXCELLENCE
FINANCIAL
TRANSPARENCY
RESIDENTIAL CAMPUS
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ORGANIZATIONAL RESPONSIBILITIES
• Finance– Controller– Accounts Payable– Purchasing– Student Accounts
• Budget• Payroll• Human Resources• Facilities Management
– Building Maintenance– Central Plant– Grounds– Custodial (contracted)– Energy Management
• Facilities Planning and Construction
• Environmental Health, Safety and Risk Management
• Residential Programs• University Police
– One Card Office
• Business Services– Bookstore (contracted)– Recreation Center– Health Center– Food Service– Vending– University Center– Camps & Conferences– Special Events– Space Management
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INSTITUTIONAL DATA SET• Total Budget = $78,428,090• Total FTE
– Faculty = 275.75
– Staff = 405.31
– Students = 195.2
– Total = 876.26
• Campus– 62 buildings
– 1,789,866 assignable sq ft
– $280,197,176 building value
– 268 acres of land• 5,000 acre leased ranch
• Deferred Maintenance– $5.6 million after infrastructure
upgrade is complete
– 2% of total building value
• Construction– Centennial Master Plan– Under construction
• Centennial Village• Infrastructure Upgrades• Signage project
– Planning Stage• One-Stop Center• Recreation Center• Residence Hall projects• Street Closures
• Energy Management– Performance contract
• Guaranteed savings = $800,000 per year
– Usage/cost data• Space utilization
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Residence Halls
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Residence Halls
• # of Beds– 1695– With triples - 1950
• Annual Budget– $7,590,235
• Halls/Year built– Concho Hall – 1969 – 448 beds– Massie Halls – 1982 – 326 beds– Vanderventer Apts – 1979 -150 beds– Carr Hall –1959 – 98 beds– Harvard House Apts – 1960’s – 165 beds– Texan Hall – 2004 – 508 beds– Centennial Village – under construction
• Total debt– Texan Hall - $17,225,000 (principal)– Centennial Village (pending) - $28,415,000
(principal)
• 3,500 beds (35% of enrollment)– Configuration– Graduate– Married student– Privacy– Amenities
CURRENT PROPOSED
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• Facility use generates $225,000 in Rental Income Yearly (with an annual growth of 10%)
• Management of Auxiliary Enterprises• Space Management• Event and Property Management at U.C., Junell
Center/Stephens Arena, ASU Lake Facility, SAY Sports Complex, Pavilion and ASU Super Slab, and adjunct sites on/off campus
• Close to 5,000 Total Bookings with over 120,000 Persons in attendance
• Operation of ASU Ticket Office• Summer Conferences Operations Generating $656,757
Business Services
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FINANCES
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46%
0% 5%1%
20%
24%
4%
E & G E & G - HEAF Designated Auxiliaries Trust Restricted Fund Balances
2%
9%5%
6%
5%
40%
33%
Salaries M & O
Capital Projects Debt Service
Utilities Financial Aid
Benefits
ANGELO STATE UNIVERSITYFY 2008 OPERATING BUDGET
Available
8/31/07
Budgeted
FY 08
HEAF $2,029,371 -0-
Designated $9,101,819 $3,740,254
Auxiliaries $3,414,129 $285,441
Fund Balances
DesignatedTuition
(per SCH) FY 05
44/50
FY 06
56
FY 07
60
FY 08
75
FY08 Sources of Funds FY08 Uses of Funds
Reserves = 18% of total budget
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Outstanding Debt/Debt Service
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ANGELO STATE UNIVERSITYOUTSTANDING DEBT/DEBT SERVICE
Principal & Interest TRB GR GR=Dedicated Designated Auxiliary Total
Series 1998A $ 8,166,652 $2,316,534 $ 6,153 $ 444,206 $ $2,766,893
Series 2002 21,122,969 1,230,781 11,642 1,242,423
Series 2004 14,964,028 392,479 3,098 156,570 552,147
Series 2005 7,713,309 184,328 1,066 59,384 244,778
Series 2006 31,695,511 749,919 749,919
Totals $ 83,662,469 $4,124,123 $ 21,959 $ 660,160 $ 749,919 $5,556,160
Principal Only = $56,146,010
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Angelo State University Centennial Master Plan
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West Texas Population
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Students come from 209 counties out of 254 within state
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Fall, 2006 Space Model
– Teaching Predicted = 275,859Actual = 298,172
– Library Predicted = 82,111Actual = 89,108
– Research Predicted = 15,426Actual = 13,616
– Office Predicted = 139,793Actual = 128,175
– Support Predicted = 46,187Actual = 46,858
Total Predicted = 559,375Actual = 575,929
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Space Utilization Rates
• CLASSROOM 22.95(32 out of 35)
• LABORATORIES 11.92 (32 out of 35)
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• 10,000 enrollment
• Increase on campus residences to 3,500
• Identifiable campus entries, boundaries
• Improved signage to and on campus
• Enhance on campus activities
• Enhanced academic community
Master Plan Goals
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• Acquire additional land in critical areas
• Organize campus by functional cores
• Create well-defined campus perimeter
• Increase campus activity
• Make campus people friendly
• Lease unnecessary land for mixed-use
development
• Strengthen campus identity within city
Strategies
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Acquire additional land in critical areas
• Area bounded by Avenue N and Vanderventer between Johnson and Jackson
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Acquire new land in critical areas
• Additional land as it becomes available
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Blue = Administrative core Green = Residential core
Red = Academic core Purple = Athletic core
Organize campus by functional cores
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Create well-defined campus perimeter• Establish a more distinctive main entrance
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Create well-defined campus perimeter• Group new student services in Hardeman
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Create well-defined campus perimeter• Ease campus access with improved signage
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Increase campus activity with new facilities
• Student Recreation/Wellness Center
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Increase campus activity with new facilities
• Indoor/Outdoor places to congregate
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Increase campus activity with new facilities
• Architectural craft and detail
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Make campus safe• Develop Central Plaza at Mall and Johnson
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Make campus people friendly
•Strengthen mall on both ends of campus
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Make campus people friendly• Enhance landscaping
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Make campus people friendly• Increase public art
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Strengthen campus identity within city• Improved signage throughout city to ASU
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Initial Steps
• Address immediate housing needs–526-bed residence hall - Centennial Village
• Demolition of unused buildings• Renovate Hardeman for one-stop center and Multi-
cultural center• Address traffic and safety issues• Renovate and enhance Student Recreation Center
• Improve campus signage
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Angelo State University Campus Master Plan
QUESTIONS?