UC Davis Fall 2010 Budget Overview & Planning Insights by Kelly Ratliff
The UC Davis Fall 2010 Budget Overview presents an analysis of the campus budget process, including funding sources and financial challenges faced by the institution. Highlighting core funds amounting to $576.3 million from state and tuition, this report identifies the significant role of federal funds in research and discusses various auxiliary services. It outlines obstacles such as structural state budget deficits and compensation gaps while identifying opportunities for faculty hiring and capital projects. This overview serves as a vital resource for understanding the financial landscape of UC Davis.
UC Davis Fall 2010 Budget Overview & Planning Insights by Kelly Ratliff
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Presentation Transcript
Campus Budget Overview Fall 2010 Kelly Ratliff Budget and Institutional Analysis
Budget Process: Timeline Campus Budget Process
Campus Facts: UC Davis Sources of Funds July 1, 2010 Core Funds (State and Tuition) $576.3 million 2009-10 Campus Revenue by Fund Source Total $3.09 Billion • The instructional mission is supported largely with state and student fee funds. • Many UC funds are restricted. • Federal funds primarily fund research. • Services and auxiliaries include student housing, parking, clinical activities and others. • Private and local funds are usually restricted to specific programs or research activities.
Budget Planning for 2011-12 Moving Forward • Significant challenges remain: • State Budget – structural deficit remains, new Governor/Legislature • Post-employment benefits – significant cost for all fund sources • Compensation gaps for faculty and staff • Health benefit cost increases • Unfunded/underfunded enrollment • Implementation of budget reductions from the last three years • Opportunities • 2010-11 State Budget supportive of UC and CSU • Comprehensive Campaign • Some faculty hiring continues • Good bidding climate for capital projects • New approaches to how we do business
Campus Budget: Information Sources • Budget News Campus, UC system, state budget information • budgetnews.ucdavis.edu • Data, analysis, reports • facts.ucdavis.edu/ Campus Facts • budget.ucdavis.edu Campus Budget Office • Advocacy • www.ucforcalifornia.org • Annual financial schedules and reports • www.universityofcalifornia.edu/reportingtransparency/