FY 13 University Wide Budget Discussion

• No funds allocated for raises nor any across board raises in FY 13

Budget

• There are a few faculty promotions and staff

promotions/adjustments, EPHASIZE few

• TRS Rate Change – July 1, 2012 Employee 5.53% to 6% and

Employer from 10.28% to 11.41%

• Health Insurance Increases/Changes – January 1, 2013

Miscellaneous Comments

• No furloughs in original budget

• Very conservative tuition projections

• Starting this Summer – Revenue and expenses will have to be split

between Fiscal Years

• Original split is 82% PS / 18% NPS, should get closer to 75% / 25%

on actual #’s (E&G)

Continued

FY 13 FY 12 Change

State Approp. $ 11,583,768 $ 11,088,845

Tuition 11,118,000 10,982,000

Fees 1,893,700 1,641,700

Total $ 24,595,468 $ 23,712,545 $ 882,923 or 3.7%

Comparison of E&G Budget

FY13 FY 12 Change

Original $ 11,583,768 $ 11,088,845 4.4%

Cut During FY 12 218,277 2.0%

Original VS Amended

$ 11,583,768 $ 10,870,568 6.6%

Comparison of State Funds

E&G $ 25,595,468

Sponsored 14,238,225

Indirect Cost 70,000Technology Fee 420,000

Departmental 60,000

Auxiliary Funds 5,910,000

Total $ 46,293,693

note – does NOT include capital budget……….

Total Budget

• Greg Hawver – Chairperson

• Laurel Robinson

• Michael Fathi

• Bryan McLain

• Ru Story-Huffman

• Yevette McWhorter

• Ian Brown

• Rebecca Short

Budget Committee

• Plant Items

• Baseball Field Drainage

• Library Items

• IT Items –

Core/Switches/Routers

• C&M Department

• A&S – Equipment

• Academic Testing Center

• Education

• HR – Fireproof Safe

• Total Request - $ 575K

FY 12 YE Recommendations

• English Professor

• Counselor Position

– Student Affairs

• Academic and Disabilities

Reorganization

• Library Operating

• Glass and Clay for A&S

• Writing Project

• Stipend for Honors Program

• Education Travel

• SACS

FY 13 Recommendations by Budget Committee

• English Professor – in FY 13 budget• Counselor Position – Student Affairs – in FY 13 budget but on hold• Academic and Disabilities Reorganization – in FY 13 budget, still in planning process• Library Operating – FY 12 YE accomplish some, remainder reviewed in FY 13 YE or amended

budget• Glass and Clay for A&S – FY 12 YE and FY 13YE• Stipend for Writing Project – Not in FY 13 Budget• Stipend for Honors Program – Still under review for FY 13• Education Travel – Not in original, NCATES will be amended in as needed• SACS - In FY 13 Budget• Swapping of 3 Nursing Professors – SFI to regular E&G funding• Biology Professor – In FY 13 Budget (search started before Committee Started Work)• Business Professor – In FY 13 Budget but on hold• M&O Funds – Specific Allocation from BOR for HHS Phase I

FY 13 Final Adds/Comments

Undergraduate Comments

Tuition $ 2,256 $ 150.40 hr/2.50%

Institutional Fee 242

Health Fee 70

Activity Fee 64

Athletic Fee 180 $ 5 increase

Technology Fee 50

Success Center Fee 28

Parking Fee 18

Totals $ 2,908

Tuition and Fees

• Graduate Tuition - $ 170 per hour/up from $ 165 per hour –

LOWEST in System

• Fees in our Sector - $ 992 to $ 555 (GSW - $ 652)

• Housing Rates – Unchanged in FY 13

• Meal Rates – Up 3%

• Increases effective Fall Term

• Fee Request – Thru Fee’s Committee, again in November (Including

Miscellaneous Fees)

Tuition and Fee Comments

• More student driven that EVER before

• Special Thanks to department heads staying within your budgets

• Academic Departments – Summer Profits will be allocated, working

on mechanism

• GSW is in solid financial shape (reserves, splits on PS/NPS, only

debt is resident halls, low cost on fees)

Closing Comments