Budget Update 2013
-
Upload
gardenia-dudley -
Category
Documents
-
view
29 -
download
2
description
Transcript of Budget Update 2013
![Page 1: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/1.jpg)
Budget Update 2013
http://mubudget.missouri.edu/
![Page 2: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/2.jpg)
Funding SourcesFiscal Year 2013
Operating Fund
Targeted Tuition & Fees
Federal Appropriations
Targeted State Appropriations
Grants & Contracts
Gifts, Endowment & Investment Income
Enterprise Operations
Total Revenue
$537,394,623
85,850,371
14,706,529
36,843,801
228,042,911
62,520,910
1,092,498,050
$2,057,857,196
26.1%
4.2%
0.7%
1.8%
11.1%
3.0%
53.1%
100%
![Page 3: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/3.jpg)
“Enterprise” Operations
Hospitals & ClinicsUniversity PhysiciansUniversity StoresResidential LifeAthleticsCampus DiningResearch ReactorAgricultureParkingKOMU Office of Research/Patent & Royalty Other
$654,847,287157,747,408
55,693,96942,946,48748,660,68526,630,23812,276,07510,113,4367,675,000
10,415,3832,304,007
63,188,076
$1,092,498,050
59.9%14.4%
5.1%3.9%4.5%2.4%1.1%0.9%0.7%1.0%0.2%5.8%
100%
![Page 4: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/4.jpg)
General Operating SourcesTotal: $538M
Operating Fund
• State Appropriations$169M
• Tuition $332M
• Indirect Cost $37M
![Page 5: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/5.jpg)
27%
70%
3 %
19901995
20002005
2013
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
62%
31%
7%
INDIRECT COST
Change in General Operating Funding Sources
TUITION
STATE SUPPORT
![Page 6: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/6.jpg)
Operating Fund
Gifts & Grants
Other Appropriations
Targeted Tuition / Fees
Hospital, KOMU, Athletics, Bookstore
State SupportTuition
Budget Tree
![Page 7: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/7.jpg)
State Appropriations for OperationsFY 2001 – FY 2013
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013150,000,000
155,000,000
160,000,000
165,000,000
170,000,000
175,000,000
180,000,000
185,000,000
190,000,000
195,000,000
200,000,000
![Page 8: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/8.jpg)
Enrollment GrowthFY 2001 – FY 2013
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Est.
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
23,309
34,255
Head Count
47% Increase
![Page 9: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/9.jpg)
What’s Wrong With This Picture?FY 2001 – FY 2012
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Head Count State Appropriations FY Based CPI
Head Count
CPI
State Appropriations
![Page 10: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/10.jpg)
State Support per Student FTEIn Real $
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 20134,000
5,000
6,000
7,000
8,000
9,000
10,000
Support per Student FTE
![Page 11: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/11.jpg)
Cause & Effect
-20.0%
-10.0%
0.0%
10.0%
20.0%
Percent Increase in Recurring State Appropriations for Operations
Percent Increase in Resident Undergraduate Tuition (Per Credit Hour)
Source: UM System Planning & Budget
![Page 12: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/12.jpg)
Tuition & Fee Comparison2012 – 2013
Institution
AAU PublicAAU Public & PrivateSEC Big XIIBig Ten
University of Missouri-Columbia
Average
$10,904$24,647$10,727$13,254$14,151
$9,257
Lowest
$5,656$5,656$5,656$6,090$8,057
Highest
$16,690$47,246$42,118$34,590$43,799
Combined Tuition & Fees
Source: U.S. News Best Colleges 2012
![Page 13: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/13.jpg)
State Support to Higher EducationFY 2012 National Comparison*
Appropriation per Capita Ranking
*Information obtained from the Grapevine Report published by Illinois State University
44
7
19
229
29
12
14
23
![Page 14: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/14.jpg)
FY2012 State Appropriations for Higher EdPer Capita
Arkansas Illinois Iowa Kansas Kentucky Missouri Nebraska Oklahoma Tennessee US Average$0
$50
$100
$150
$200
$250
$300
$350
$400
$307.55
$278.65
$241.34
$257.59
$282.75
$154.74
$351.58
$249.31
$220.20$233.23
Bordering States
*Information obtained from the Grapevine Report published by Illinois State University
![Page 15: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/15.jpg)
*Information obtained from the Grapevine Report published by Illinois State University
1. Wyoming
TOP TEN
State Support to Higher EducationFY 2012 Appropriation per Capita Ranking*
2. North Dakota
4. North Carolina
10. Alabama
3. Alaska
5. New Mexico
6. Hawaii
7. Nebraska
8. Mississippi
9. Arkansas
![Page 16: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/16.jpg)
FY2012 State Appropriations for Higher EdPer Capita
Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi Missouri SouthCarolina
Ten-nessee
Texas US Av-erage
$0
$50
$100
$150
$200
$250
$300
$350
$306.27 $307.55
$190.10
$268.11$282.75 $281.99
$320.36
$154.74
$183.66
$220.20
$251.77
$233.23
SEC
*Information obtained from the Grapevine Report published by Illinois State University
![Page 17: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/17.jpg)
Capital Projects
• Current Construction Projects
• Projects In Design
$377,000,000
$210,000,000
![Page 18: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/18.jpg)
Capital Projects Employment
Current Projects
50% is Labor
$50 / hour
÷ 2080 hours Jobs
$377,000,000
$188,500,000
3,770,000
1812
![Page 19: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/19.jpg)
Athletic Economic ImpactFY 2013 (Estimate)
Athletic Events
State Championship
Concerts
Includes Impact Related to Venue & Non-venue
Amount =
$185,000,000
![Page 20: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/20.jpg)
Work Yet To Do
Salaries
• To Get To AAU Public Mean $14M
• Above Plus Improve Faculty Mix $25M
Facilities
• Deferred Maintenance $212M• Capital Renewal $284M
![Page 21: Budget Update 2013](https://reader036.fdocuments.in/reader036/viewer/2022062408/56813711550346895d9e99bf/html5/thumbnails/21.jpg)
Budget Update 2013
http://mubudget.missouri.edu/