1 / 18

Campaign Planning Committee Budget Update mubudget.missouri

Campaign Planning Committee Budget Update mubudget.missouri.edu. Campaign Planning Committee Budget Update. Questions to Answer If state funding is only 12% of your budget, it can’t be that important. What’s the big deal?

ryan-bell
Télécharger la présentation

Campaign Planning Committee Budget Update mubudget.missouri

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. Campaign Planning Committee Budget Updatemubudget.missouri.edu

  2. Campaign Planning Committee Budget Update • Questions to Answer • If state funding is only 12% of your budget, it can’t be that important. What’s the big deal? • You raised $1B in the comprehensive campaign. Can’t you use some of that to balance the budget? • You have a lot of construction on campus. You must not have a budget problem. • How can you afford athletics if you have a budget problem? • Points to Emphasize • MU has an enormous impact on Columbia, Boone County and the State. • Enrollment and tuition is “king.”

  3. MU Funding SourcesFiscal Year 2011 Tuition $274,332,177 14.7% Supplemental Fees 9,061,862 0.5% Extension Tuition & Fees 18,412,870 1.0% Other Student Fees 36,133,603 1.9% Federal Appropriations 16,951,955 0.9% State Appropriations 228,688,257 12.2% Grants & Contracts 175,750,000 9.4% Recovery of Indirect Costs 35,000,000 1.9% Gifts, Endowments & Investment Income 57,171,538 3.1% “Enterprise” Operations* 1,020,538,787 54.5% Total Revenue $1,872,041,050 *See the following slide for detail

  4. “Enterprise” Operations Hospitals & Clinics University Physicians University Stores Residential Life Athletics* Campus Dining Vet Medicine Clinical Services Research Reactor KOMU *See the following slide for detail $624,493,497 137,758,124 49,962,271 38,949,042 35,489,004 24,765,917 20,864,130 10,162,436 9,747,000

  5. MU Intercollegiate Athletics • Total Budget = $50M • Ticket & suite sales; NCAA/Conference revenue; Gifts; Licensing; Endowment income; Campus • 96% self sufficient • ICA pays $7.4M for scholarships • Student/Athletics Success • Upper quartile on APR scores in Big XII & BCS • Graduation rate of 80% • 248 athletes (50%) with GPA of 3.0 or higher • Overall GPA of 2.94 • Impact on Enrollment • Financial Aid website hits up 25% on OU weekend • Campus nonresident enrollment parallels athletics success

  6. MU Funding SourcesTotal: $1.9 B “Enterprise” Operations - $1,020M Hospitals and Clinics University Physicians Athletics Bookstore Housing and Dining Services General Operating - $488M Tuition State support Grant and contract indirect costs Restricted - $299M Other State appropriations Grant and contracts Gifts Endowment distributions Designated - $64M Extension Tuition ITF, Health & Activity fees College Course fees

  7. MU General Operating SourcesTotal: $488M General Operations: Core budget for on-campus teaching and support services State Appropriations $179M Indirect Cost $35M Tuition $273M

  8. Change in General Operating Funding Sources TUITION STATE SUPPORT

  9. Enterprise Operations Designated Fees Gifts & Grants Restricted Appropriations General Operating State Support Tuition

  10. State Support Per Student FTE Student FTE State Funding State Support / FTE Percent • Change • 40% | -7% | -33% | FY11 27,838 $179 M $6,445 FY01 19,950 $193 M $9,675

  11. State Tax Appropriations to Higher Education in MissouriFY 2011 National Comparison* • Appropriation per Capita Ranking – 45th 25 7 27 45 18 15 21 16 12 *Information obtained from the Grapevine Report published by Illinois State University

  12. MU $1B Comprehensive Campaign • Cash & Expectancies • Gifts are Restricted (Not a substitute for General Operating funds) • Provides Margin of Excellence • Faculty Recruitment • Student Recruitment through scholarships • Facilities • Relationship Building

  13. MU Capital Improvements • Primary Sources of Funding • Gifts • Grants • Revenue Bonds • Auxiliary Reserves • Revenue Bonds Debt Service • Revenue generated by the facility • M&R funding (Tate & Switzler Halls) • General Operating Funds • We have not pledged tuition or state funding for debt service

  14. MU Impact • Federal Funds • Nonresident Tuition • Total (Plus: Gifts, Endowments, Foundation/Industry Grants, Clinical Trials) • MU’s Weekly Payroll • Construction Spending • Ten Year Average of $100,000,000 • Currently over $400,000,000 in progress, planning or design • Faculty are “small businesses” $370,000,000 110,000,000 $480,000,000 $16,000,000

  15. Tuition & Fee Comparison2010 – 2011 Institution AAU Public AAU Public & Private Big XII Big Ten University of Missouri-Columbia University of Missouri-Columbia (with 5.8% increase) Combined Tuition & Fees • Highest • $15,250 • $43,814 • $29,824 • $40,223 • Lowest • $5,044 • $5,044 • $6,779 • $7,417 • Average • $9,683 • $22,449 • $9,674 • $13,463 • $8,501 • $8,989

  16. MU Student Financial Support • Student Financial Aid • Scholarships • Fellowships • Graduate Fee Waivers (Does not Include loans) • Student Employment • Tuition & Required Fees • Covered for students from families with income < $60,000 $112,000,000 $50,000,000

  17. Campaign Planning Committee Budget Update • Questions to Answer • If state funding is only 12% of your budget, it can’t be that important. What’s the big deal? • You raised $1B in the comprehensive campaign. Can’t you use some of that to balance the budget? • You have a lot of construction on campus. You must not have a budget problem. • How can you afford athletics if you have a budget problem? • Points to Emphasize • MU has an enormous impact on Columbia, Boone County and the State. • Enrollment and tuition is “king.”

  18. Campaign Planning Committee Budget Updatemubudget.missouri.edu

More Related