1 / 15

Tuition & Fee Proposal and FY 2009 Budget

Tuition & Fee Proposal and FY 2009 Budget . Presentation to UTSA Staff Council June 26, 2008 Janet Parker, Associate Vice President, Financial Affairs. Tuition & Fee Proposal. Proposal to UT Board of Regents for rate approval was due January 2008

inez
Télécharger la présentation

Tuition & Fee Proposal and FY 2009 Budget

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tuition & Fee ProposalandFY 2009 Budget Presentation to UTSA Staff Council June 26, 2008 Janet Parker, Associate Vice President, Financial Affairs

  2. Tuition & Fee Proposal • Proposal to UT Board of Regents for rate approval was due January 2008 • Covers 2 Academic Years beginning Fall 2008 and Fall 2009 • Proposal followed U. T. System Guidelines • Principles - open & collaborative, comprehensive, strategic, transparent and frugal. • Board of Regents set a 4.95% cap • UTSA requested cap exception

  3. Tuition & Fee Proposal Pricing Strategy • Maximize designated tuition revenue • Limit increases to college and course fees • Allowed only those mandatory fee changes if initiated by student referenda with one exception: • Student health center fee – more traditional students have different expectations for service

  4. Student Life Referenda & Initiatives Campus life enhancements -important linkage to student success • University Center III Expansion endorsed in Spring ‘03 • Covers debt service, maintenance & operations • Athletics fee increase approved by vote in Fall ‘07 • Strengthens existing NCAA Div. I programs • New Transportationfee – student initiative approved to • Reduce the cost of most student parking permits • Relieve parking congestion with additional shuttles from remote lots and service frequency

  5. UTSA’s Enrollment Growth • Growth continues to create funding demands • Steady increase in full time, more ‘traditional’ students +472 full-time students over previous year • Additional course sections are required to meet demand • +3,355 in five years

  6. Total Academic Costs Approved by Board of Regents Request to exceed the 4.95% cap to increase fees supported by student referenda • UTSA students will pay $32 more than the total amount if capped

  7. Critical Budget Issues • Funding per FTE Student – Reliance on Designated Tuition • Enrollment increased by 60% but state funding per FTE Student is lowest in the UT System

  8. State Appropriation as a % of Total Revenue has Declined

  9. Critical Budget Issues • Faculty & Staff Resources to meet workload demands of our growth & research mission • Student to Faculty Ratio of 22.3:1 is one of the highest in the state • Reliance on part time faculty 3. Space Deficit • Deficit of 811,809 assignable square feet of Educational and General Space - to meet the average for 4 year TX public institutions, we would need to add 12 x 205,00 GSF buildings (or 4 just to eliminate the deficit and meet current needs – not growth.)

  10. FY 2009 Budget September 1, 2008 – August 31, 2009 Resources • Tuition Revenues • Incremental changes due to rate increase • Incremental changes due to enrollment impacts: increase in headcount, average unit load, mix of UG to GR; paying non-resident students • Net of Bad debt, waivers, and other unfunded liabilities • Internal Reallocations – not new funding • Take away $ from one area and give to another • Fee Revenues • Restricted Revenues – Grants & contracts; gifts and federal/state financial aid

  11. FY 2009 Budget September 1, 2008 – August 31, 2009 Educational & General Budget Resources • Tuition Revenues = $6.3 M • All from designated tuition! • Net of Bad debt, waivers, and other unfunded liabilities • Texas Tomorrow prepaid tuition program increased costs +$270,000 • Internal Reallocations = $3M • $1.2M in Prior Year revenue held in Reserves • $1.5M in Benefit Savings/overfunding • $0.3M in Performance Contract Debt retirement No new State Appropriations in 2nd Year of Biennium

  12. FY 2009 Budget September 1, 2008 – August 31, 2009 E&GRequirements • Mandatory Cost Increases • Ed Code required financial aid set asides • New facility openings (E&G space) • Debt Service cost increases over budget • Salary & Wages • 3% Merit Awards for Faculty & Staff • Faculty Promotions for Tenure/Rank changes; Staff Equity • Associated Benefit costs unfunded by state • Strategic Initiatives • New Faculty for enrollment growth • New Staff • Other initiatives E&G = Educational & General

  13. FY 2009 Budget September 1, 2008 – August 31, 2009 E&G Net Expenditure Increases Mandatory Cost Increases • Ed Code required financial aid set asides $ 1,176,329 • New facility openings (E&G space) 655,334 • Debt Service cost increases over budget 159,225 • Bad Debt / Texas Tomorrow Underfunding 290,000 Salary & Wages • 3% Merit Awards for Faculty & Staff $3,140,000 • Faculty Promotions for Tenure/Rank changes; Staff Equity 380,000 Strategic Initiatives • New Faculty $2,000,000 • New Staff 973,863 • Other initiatives: Master Graduate Instructors Program 295,000 Outreach & Student Recruitment 37,762 Capital Campaign 60,000 Reserves 146,931 TOTAL$9,314,444 E&G = Educational & General

  14. FY 2009 Operating Budget All Revenue Sources - $421,560,213

More Related