UNIVERSITY OF ILLINOIS URBANA-CHAMPAIGNCHICAGOSPRINGFIELD

Presented to the Board of TrusteesMarch 10, 2010

Financial Indicators

2

State of Illinois General Fund AppropriationsFiscal Year 2010

$28.5 Billion $2.7 Billion

3

State of Illinois – General Revenue FundEstimated Accumulated Unpaid Vouchers

Dollars in BillionsTOTAL ACCOUNTS PAYABLE

At end of fiscal year

Projected unpaid vouchers

Contributions owed to state pension systems

Payment on FY 2010 pension borrowing

Loss of one-time federal stimulus aid

Miscellaneous revenue losses/sweeps

$6 billion

$4.1 billion

$0.8 billion

$1.5 billion

$350 million

PROJECTED FY 2011 REVENUE SHORTFALL APPROACHES

$13 billion

nearly

FY 2010: Nearly $6 billion (projected)

Source: Chicago Tribune

4

Cumulative Change in State Tax Appropriation

-20.9%-20.4%

-14.0%

In Constant 2009 Dollars (CPI)

FY02 – FY10 exclude $45 million from higher education for Health Insurance payment to CMS.

ISAC

Community Colleges

Universities

30.7%Elementary/Secondary

5

Unrestricted $1,853.3M Unrestricted $1,853.3M

Where Does the Money Come From?FY 2010

Where Do the Dollars Go?FY 2010

UnrestrictedInstructional Funds

6

Collected Billed Appropriation

Rescission Stimulus

In Millions

$388

$680

$724

$19$743

$133

$617

$697.5

$45.5$743

2009 20102008

$542

$665

$722

$722

State Appropriation RevenueUnrestricted Funds

Billings and Collections through February 28, 2010

7

UI Month End GRF ReceivableFiscal Year 2007 through Fiscal Year 2010

In Millions

Month End General Revenue Fund Receivable

* *

* The first two months of FY10 have receivables from FY09 still outstanding. The receivable amount for each month in millions is as follows: July $77; August $44.

8

In Constant 2009 CPI Dollars

Original Appropriation

Spending Authority

UI Direct State Tax Appropriations (GRF)Fiscal Year 2000 – Fiscal Year 2010

In Millions

9

Income Fund (Tuition) RevenueUnrestricted Funds

Fiscal Year 2006-2010; collections through February of Fiscal Year 2009-2010In Millions

11.1%

10.9%

8.2%

12.7%

Annual tuition revenue increased by 50.2% in total from FY06-FY10

$655$722

MAP

10

State and Income Fund FY 2000 – FY 2010• Total Enrollment FY 2000 over 67,000

• Total Enrollment FY 2010 over 75,000

General Tax Funds

Income Fund

In Millions

In Constant 2009 CPI Dollars

11

Sponsored Projects RevenueRestricted Funds

Budget Fiscal Year 2006-2010; Actual through February Fiscal Year 2009-2010In Millions

Sponsored project revenue increased by 12.7% in total from FY06-FY10

$640

$442$407

$721

$636$614$609

-4.8% .8% 3.6%

13.4%

Thru 2/28

Thru 2/28

12

$232$237$247$248

$233

$127

$114$116$118

$149

$60 $58 $61$67

$74

$59$52$49$45$49

$0

$50

$100

$150

$200

$250

FY 2005 FY 2006 FY 2007 FY 2008 FY 2009

HHS NSF Education Defense USDA Energy Other

Federal Grants and Contracts ExpendituresAll Functions – Total University

In Millions

13

Total Research & Development ExpendituresFY 2008

$0

$75

$150

$225

$300

$375

$450

$525

$600

UIUC NW U of C UIC Rush SIUC Loyola SIUE Il Inst ofTech

NIU Finch

Source: National Science Foundation (fiscal year 2008 is latest data available)

National Ranking29

154

207 228264

32

4956

197

139

253

In Millions

14

Hospital Revenue/Expense/Net IncomeFiscal Year 2009 versus Fiscal Year 2010 through January 31

In Millions

15

Personal Services ExpendituresFiscal Year 2006 through Fiscal Year 2010

In Millions

1.8%3.2%

1.3% 3.4%

Personal Services expenditures increased by $186 million or 10% in total from FY06-FY10

16

Utility Budget versus Actual ExpendituresFiscal Year 2005 through Fiscal Year 2010

In Millions

FY10 Actual is through 1/31/10

17

University of IllinoisTotal Debt by Type

$692.4

$803.1

$1,018.1

$1,098.7$1,131.0 $1,202.2

$1,322.2

$1,693.9

$1,543.5

$1,686.9

In Millions

18

University of IllinoisTotal Debt by Campus

$692.4

$803.1

$1,018.1

$1,098.7

$1,131.0 $1,202.2

$1,322.2

$1,693.9

$1,543.5

$1,686.9

In Millions

19

Information Technology ExpensesFiscal Year 2009 Total = $202 Million

20

Information Technology Expensesby Campus

$202 Million Total