190 likes | 319 Vues
Budget Update. Presented To: University of Louisiana at Monroe Faculty, Staff and Students August 2002. Update Agenda. State Appropriations 2002-03 Budget Enrollment Management. State Appropriations . Total State Funds $40,651,641 Self Generated Funds $23,106,710
E N D
Budget Update Presented To: University of Louisiana at Monroe Faculty, Staff and Students August 2002
Update Agenda • State Appropriations • 2002-03 Budget • Enrollment Management
State Appropriations • Total State Funds $40,651,641 • Self Generated Funds $23,106,710 • Library and Scientific $ 685,246 (In Capital Outlay FY02-03)
The ULM Budget • Budget Process • 2002-03 General Operating Revenues & Expenditures • Reallocations
TYPICAL ANNUAL BUDGET PROCESS INPUTS PROCESS OUTPUTS Campus Reserves System Requirements Instruction Requirements Unavoidable Costs State Mandates Regulatory Requirements Other • Department • Division/School • Vice Presidents • President’s Cabinet • Provost • President • Board of Supervisors An Annual Operating Budget aligned with Campus Mission And Goals NEEDS Department / Work Unit Expenditures Prior Year Cash Mission & Goals Available Funds New and Reallocations President’s Budget Preparation Directive Performance Distributions
Self-Generated Fees Tuition and Fees Fiscal Year 01-02 Projected Tuition and Fees 19,825,524.93 Fiscal Year 02-03 Budgeted Tuition and Fees 18,398,202.75 (9.6% decrease) 1,427,322.18 Tuition Increase 3.4% 639,369.00 Pharmacy Enhancements 262,500.00 Total Fee Enhancements 901,869.00 Decrease in Tuition and Fees 525,453.18
General Operating Funds – RevenueFY2002-03 Other3%$2.08 M StateFunds64%$40.65 M Tuition and Fees33%$21.01 M
Expenditures by Function FY01-02 FY02-03
Expenditures by Function FY2002-03 Library2.2%$1.4 M Scholarships7.7%$4.7 M Plant Oper/Mainten10.3%$6.3M Instruction, Research & Support61.9%$38.02 M Institutional Support 11.9%$7.3 M Student Services 6%$3.6 M
Expenditures by Object FY02-03 FY01-02
Expenditures by Object FY2002-03 Other Charges & Capital 12%$7.9 M Salaries & Related Benefits77.9%$49.7 M Travel, Oper. Services, Supplies & Prof Services10.1%$6.1 M
2002-03 Budget Plan The state appropriation totals $40,651,641 which represents an increase of $1,141,624 a 2.89% increase from fiscal year 2001-2002. The $1,141,624 increase is dedicated to the following: Risk Management decrease (78,716) Legislative Auditor fee increase 11,728 Civil Service Merit 442,263 Group Benefits 1,463,288 Strategic Faculty (DEFE) 23,826 Equipment Pool (720,765) Total Increase $1,141,624
Reallocations • Major Budget Increases: • Academic Support 318,000 • Instructional Support 521,372 • Honors Program 23,000 • Advancement-Development 108,000 • Student Services-Recruiting 341,124 • Plant-Custodial, Grounds, Equipment 417,000 • Group Health Benefits 1,674,068
Special Initiatives for Fall 2002 Partnership between Academic Affairs and Student Services to personally contact undecided students Targeted Groups: Incomplete applicants Newly admitted students Students from Spring 2002 who have not enrolled for Fall 2002
Enrollment is a University Initiative • Remember that retention is everyone’s responsibility • Coordinate recruitment efforts with the Admissions Office • Identify barriers to enrollment