2012-13 KCTCS ANNUAL BUDGET

KCTCS Board of Regents MeetingsJune 14-15, 2012

Presented by:Michael B. McCall, KCTCS President

2012-13 KCTCS ANNUAL BUDGETPaid Credit Hours: Three-Year Average

Year

Actual Paid Credit Hours

2008 1,421,5642009 1,587,0512010 1,824,5412011 1,842,159

* Three-Year Average used in 2011-12 KCTCS Annual Budget.

Year

Actual Paid Credit Hours

2011-12 Budget

3-Year Average

2008 1,421,564

2009 1,587,051 1,611,052*

2010 1,824,541

2011 1,842,159* Three-Year Average used in 2011-12 KCTCS Annual Budget.** Three-Year Average used in 2012-13 KCTCS Annual Budget.

Year

Actual Paid Credit Hours

2011-12 Budget

3-Year Average

2012-13 Budget

3-Year Average

2008 1,421,564

2009 1,587,051 1,611,052*

2010 1,824,541 1,751,250**

2011 1,842,159

State Appropriation Reduction and Additional Expenses

Dollars (Millions)

Reductionor Expense

9.1 State Appropriation Reduction

4.0 Fixed Cost Expenses• Employee Benefits

0.9 Fixed Cost Expenses• Utilities, Insurance, Contracts

1.1 Faculty Promotions 6.5 Salary Increase

21.6 Total

2012-13 KCTCS ANNUAL BUDGET

* Each Budget Unit was required to implement a recurring internal reallocation of approximately 1% of its public funds base to accommodate the additional expenses—primarily the salary increase. The Fire Commission and KBEMS implemented additional 5.4% reallocations to fully implement the 6.4% State Appropriation reduction.

AdditionalRevenue

Dollars (Millions)

Source of Revenue

6.8 Tuition Rate Growth

3.2 Tuition 3-Year Average Growth

4.4 Recurring Budget Reserve

2.0 Merit Bonus Pool

16.4 Subtotal

5.2 Other Internal Reallocation (Gap)

21.6 Total