Board of Regents University System of Georgia · 13 Instuonal Reducon ... Marine Biology &...
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Board of Regents University System of Georgia Budget Request, Reduc9on and Rates 1
Transcript of Board of Regents University System of Georgia · 13 Instuonal Reducon ... Marine Biology &...
BoardofRegentsUniversitySystemofGeorgia
BudgetRequest,Reduc9onandRates1
State’sOutlookforFY2012
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Lossofs9mulusfundsforState: $1.0BGEFAmone9zingfund: $0.3BGrowth:K12,USG,TCSG,Correc9ons,SHBP,Medicaid: $1.0BAddi9onalfundsneededforFY2012: $2.3B
Poten9alSourcesofStateRevenueRevenueGrowth
Round2Stabiliza9onfundsforEduca9on TaxPanelRecommenda9onsforFY12
Outline–Opera9ngBudget
• FundingFormula• BudgetRequest• Reduc6onPlans
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Howmanyfacultyareneededtoteachthe7.5MCH?
Howmuchwoulditcostforsupportposi9ons?
Howmuchwouldopera9ngexpcost?
Totalcostofinstruc9on?
Howmuchwoulditcosttopayforthe12,503faculty?
12,503
$913M
$171M
$95M
$1.2B 4
Totalcostofinstruc9on
$1.2B+Research,Academic
Supp,StudentSvcs,Inst.
$1.0B
+OMP,Fringes,Pub.Svc.,Tech
$1.1B
TotalFormula $3.3B
Tui9on,etc ($0.8B)
Reduc9ons ($0.8B)
Formula:State $1.7B5
FormulaSummary
• Enrollmentdrivestheformula• Averagecostformula
• “Asking”Formula
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FY2012BudgetRequest
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FY2012FormulaIncreaseEnrollment: $145.3Million
HealthInsurance: $18.1Million
M&OFunds: $8.7Million
Re9reeFringes: $4.9Million
Total: $177.0Million
$25.5
$81.5
$108.1$90.4
$31.4 $38.9
$81.6 $79.4
$107.8
$145.3
$0$20$40$60$80$100$120$140$160
FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12
OtherRequests
• Physician Education Expansion, $1.7M • Georgia Public Libraries Formula, $125K • M&O Funds for Resident Inst. PPV Projects, $1.3M • Health insurance, retiree fringes for B Units, $1.8M
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Opera9ngBudgetRequest
FormulaFunds $177.0Million
PhysicianEduca9on $1.7Million
PublicLibraries $0.1Million
TotalIncrease $181.9Million
FiscalYear2011StateAppropria9ons: $1.92Billion
FY2012TotalRequest: $2.11Billion
9.4%Increase
BeforeReduc+ons…
OtherRequests $3.1Million
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BudgetReduc9onPlans:FY2011AmendedandFY2012
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BudgetReduc9onInstruc9ons
• Reduc9onPlansof:– 4%=$77M(forFY2011AmendedOnly)
– 6%=$115M– 8%=$154M– 10%=$192M(forFY2012only)
• Nofurloughs• FY2011cashwithholdof4%currently
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Ins9tu9onalReduc9onPlansat4%,6%,8%
Posi9ons37%
Structural13%Acad.
Prog.7%
Def.Mnt9%
Opera9ng13%
Plan21%
At4%
Posi9ons37%
Structural16%Acad.
Prog.6%
Def.Mnt9%
Opera9ng15%
Plan17%
At6%
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Posi9ons37%
Structural17%Acad.
Prog.7%
Def.Mnt8%
Opera9ng16%
Plan15%
At8%
Reduc9onPlanat10%forFY2012
Acombina9onofsomeofthefollowingac9ons:1. Furtherrestric9onsonlearningsupport2. Reviewallins9tu9onalfees3. Analyzeenrollmentcapacity
4. Furtherins9tu9onalreduc9onac9ons
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Cost
Access
Investment
Quality
UniversitySystemofGeorgia–OriginalBudget(StateFunds)AllDollarsinBillions
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6%
8%10%
259,945 282,978 301,892 316,000 321,000270,022Students
Ifallincreasesfunded,andnoreduc9ons
BoardofRegentsUniversitySystemofGeorgia
BudgetRequest,Reduc9onandRates17
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GPLS $17,235,000
Equipment $1,000,000
Construc9on $190,000,000
Design $9,000,000
OtherProjects $115,100,000
MRR $100,000,000
Total $432,335,000
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PerryPublicLibrary(HoustonCounty) $1,600,000
MiddleGeorgiaRegionalLibrary(Jeffersonville,TwiggsCounty) $1,150,000
AthensRegionalLibrary(Royston,FranklinCounty) $1,268,000
ThreeRiversRegionalLibrary(Folkston,CharltonCounty) $561,000
FlintRiverRegionalLibrary(Milner,LamarCounty) $783,000
DoughertyCountyPublicLibrary(Albany) $2,000,000
GwinnekCountyPublicLibrary(Norcross) $1,873,000
CobbCountyPublicLibrary(EastMarieka) $2,000,000
LiveOakPublicLibrary,Islands(Savannah,ChathamCounty) $2,000,000
Atlanta‐FultonCountyLibrary(Milton,FultonCounty) $2,000,000
Atlanta‐FultonCountyLibrary,WolfCreek(FultonCounty) $2,000,000
Subtotal $17,235,00020
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AMC ScienceAcademicBuilding $1,000,000
AASU GambleHallRenova6on $5,500,000
ABAC HistoricLewisHerringRenova6on $3,250,000
CCGA TeacherEduca6on&LearningCenter $7,600,000
CLSU ScienceBuilding $19,800,000
DSC AcademicBuilding $16,150,000
GCSU HistoricEnnisHallRenova6on $9,100,000
GIT Infrastructure‐EcoCommons $4,200,00021
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GGC Infrastructure‐Campuswide $7,100,000
GPC AcademicBuilding $18,000,000
GSOU BiologyBuilding $21,200,000
GSWSU Health&HumanSciencesBuilding $7,800,000
KSU Educa6onFacility $18,000,000
SGC Infrastructure $1,200,000
SSU MarineBiology&EnvironmentalSciences $2,600,000
UWG NursingBuilding $16,500,000
VSU HealthScienceBuilding $32,000,000
Subtotal $190,000,000
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BC AcademicBuilding $1,600,000
GGC AlliedHealthBuilding $2,000,000
GHC StudentAcademicCenter $2,200,000
UGA ScienceLearningCenter $3,200,000
Subtotal $9,000,000
MCG MedicalCommons $52,800,000
UGA VeterinaryMedicalTeachingHospital $62,300,000
Subtotal $115,100,00023
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• Cri6calforUSGins6tu6onstomeetmajorrepairandrenewalneedsininstruc6onalspacesandassociatedinfrastructure– Ensuressafetyandintegrityofcri6calfacili6essystemsandcomponents
– Enablesexis6nginstruc6onalspacetomeetchangingenrollmentandprogramneeds
– Promoteslocaleconomiesthroughuseoflocally‐basedcontractors
– ProtectsState’scapitalinvestment24
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Ac9on
ApprovalofBudgetRequest:1.Opera9ngBudgetRequest
2.Reduc9onPlansforFY2011AmendedandFY2012
3.CapitalBudgetRequest
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BoardofRegentsUniversitySystemofGeorgia
BudgetRequest,Reduc9onandRates28
