Faculty Senate 14 Jan 2009 Financial Status Report
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Faculty Senate 14 Jan 2009 Financial Status Report General Conditions Debt Liquidity Endowment FY09 Budget FY10 Budget Capital Renewal Plan
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Faculty Senate 14 Jan 2009 Financial Status Report. General Conditions Debt Liquidity Endowment FY09 Budget FY10 Budget Capital Renewal Plan. We are faced with the Perfect Financial Storm:. No part of the balance sheet is immune Institutional liquidity is strained - PowerPoint PPT Presentation
Transcript of Faculty Senate 14 Jan 2009 Financial Status Report
Faculty Senate 14 Jan 2009
Financial Status ReportGeneral ConditionsDebtLiquidityEndowmentFY09 BudgetFY10 BudgetCapital Renewal Plan
We are faced with the Perfect Financial Storm:
No part of the balance sheet is immune Institutional liquidity is strainedEndowments face unprecedented declineCredit market contractions compromise debt
strategies
We are faced with the Perfect Financial Storm:
States are reducing in-year and multi-year budgets
Fundraising support is in precipitous declineEndowments see an unprecedented dropThere is a real decline in research funding
1997 1999
2001 2003
2005 2007
2009 2011
2013 2015
2017 2019
2021 2023
2025 2027
2029 2031
2033 2035
2037 2039
0.00
5,000,000.00
10,000,000.00
15,000,000.00
20,000,000.00
25,000,000.00
30,000,000.00
35,000,000.00
40,000,000.00
45,000,000.00
Central Administration 0102 Central Administration non-0102 Non-central Unit 0102Non-central Unit non-0102 AUX non-0102 Paid from Gifts
1997 1999
2001 2003
2005 2007
2009 2011
2013 2015
2017 2019
2021 2023
2025 2027
2029 2031
2033 2035
2037 2039
0.00
1,000,000.00
2,000,000.00
3,000,000.00
4,000,000.00
5,000,000.00
6,000,000.00
7,000,000.00
Central Administration 0102 Budgeted Annual Debt Service
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 -
1.00
2.00
3.00
4.00
5.00
6.00
Annual Debt Service (million $)Percentage of Unrestricted E&G (%)
Centrally Budgeted 0102 Projects Bond AmountAverage Annual
Debt Payment First Payment Last Payment Humphreys Hall 3,000 Prior to FY1997 FY2000 Futrall Hall 3,000 Prior to FY1997 FY2001 Library 71,050 Prior to FY1997 FY1997 Extension of Utilities 25,568 Prior to FY1997 FY1998 Science Building 38,685 Prior to FY1997 FY1999 Graduate Education Building 34,505 Prior to FY1997 FY1999 Kimpel Hall 152,488 Prior to FY1997 FY2001 Expansion of Chilled Water 206,455 Prior to FY1997 FY1998 Var. Facilities - HPER 1,035,404 Prior to FY1997 FY1997 Var. Facilities - Old Main 464,890 Prior to FY1997 FY1997 Hollingsworth Land Purchase 24,188 Prior to FY1997 FY1998 Old Main (and HPER thru 2003) 2,081,070 627,251 Prior to FY1997 FY2025 Utilities 1,005,000 58,625 FY1998 FY2008 SW Chiller 3,200,000 239,254 FY2003 FY2022 NW Quad Proj (funds for Fulbright Demo) 1,409,779 105,405 FY2003 FY2022 University House 654,540 48,938 FY2003 FY2022 Offsite Library Storage 1,913,272 143,050 FY2003 FY2022 Various Projects 118,064 9,280 FY2004 FY2022 2002 Various Projects (many small projects) 3,057,252 232,873 FY2003 FY2023 Enhanced Learning Center 725,000 54,917 FY2003 FY2023 JB Hunt CAEB 15,014,285 2,079,139 FY2003 FY2026 Chemistry 14,267,545 252,944 FY2003 FY2023 Louis Epley Band 1,351,087 89,456 FY2005 FY2025 Vol Walker 1,166,250 83,131 FY2005 FY2025 Land Purchases 2,405,645 422,606 FY2005 FY2037 Fine Arts Theatre 579,835 41,331 FY2005 FY2025 Law School 1,902,907 143,719 FY2007 FY2025 Law School Phase II 2,139,360 141,746 FY2008 FY2032 Arkansas Union 6,500,000 474,108 Prior to FY1997 FY2023 KUAF Building Project 1,008,000 64,107 FY2009 FY2039 Land Purchases - Series 2008 Land & Fine Arts 5,146,000 326,892 FY2009 FY2039 Land Purchases - Series 2008 Taxable 105,000 8,814 FY2009 FY2029
Central Administration 0102 Budgeted Annual Debt Service
09/26/08
10/15/08
11/03/08
11/22/08
12/11/08
12/30/08
01/18/09
02/06/09
02/25/09
03/16/09
04/04/09
04/23/09
05/12/09
05/31/09
06/19/09
07/08/09
07/27/09
08/15/09
09/03/09
09/22/09
10/11/09
10/30/09
11/18/09
12/07/09
12/26/09
01/14/10
02/02/10
02/21/10
03/12/10
03/31/10
04/19/10
05/08/10
05/27/10
06/15/10
07/04/10
07/23/10
08/11/10
08/30/10
09/18/10
10/07/10
10/26/10
11/14/10
12/03/10
12/22/10 -
10,000,000.00
20,000,000.00
30,000,000.00
40,000,000.00
50,000,000.00
60,000,000.00
70,000,000.00 Commonfund Funds Available (Liquid Funds)
Initial Deposit
Liquid Funds
Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-050.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%Net Available General Revenue Compared to Last Year
Monthly NAGR
YTD NAGR
Linear (YTD NAGR)
Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05
-6.00%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%Net Available General Revenue Compared to Last Year
Monthly NAGR
YTD NAGR
Linear (YTD NAGR)
