University of South Carolina

FY2008-2009 Preliminary BudgetBoard of TrusteesBoard of Trustees

Executive CommitteeExecutive Committee

June 18, 2008June 18, 2008

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Internal Budget Process

System Budget FY2009

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University of South Carolina SystemProposed Total Current Funds Budget

FY2008-09

Grants, Contracts, and Gifts

26.1%

Tuition and Fees37.1%

State Appropriations21.0%

Sales and Service Auxiliary Enterprises

12.7%

Sales and Service Educational and Other

Sources3.2%

Revenues

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University of South Carolina SystemProposed Total Current Funds Budget

FY2008-09

Instruction29.8%

Public Service

5.2%

Research11.5%

Academic Support

6.3%

Student Services

6.1%

Scholarships and Fellowships

14.1%

Operation and Maintenance of Plant

6.4%

Institutional Support

7.5%

Auxiliary Enterprises

9.2%

Transfers3.9%

Expenditures

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FY 2009 State Funding

USC Beaufort’s reduction includes reduction of $180,240 for Penn Center Early Childhood At-Risk Family Initiative

TOTAL BASE REDUCTION

USC Columbia (4,301,711)USC School of Medicine (614,322)USC Aiken (357,141)USC Beaufort (317,489)USC Upstate (539,609)USC Lancaster (79,392)USC Salkehatchie (70,319)USC Sumter (126,654)USC Union (25,752)

(6,432,389)

USC Columbia Tuition and Fees

FY 2009

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Estimated Resident Undergraduate Cost per Semester

Current 2007-08 to Proposed 2008-09Academic Academic

Year Dollar Year2007-08 Change 2008-09

I. Total Resident Undergraduate Tuition

-Educational & General 3,270.00 213.00 3,483.00

-Bond & Renovation Revenue 275.00 25.00 300.00

-Transportation Fee 10.00 - 10.00

-Wellness Center 105.00 - 105.00

-Student Activities 70.00 6.00 76.00

-Student Health Center 151.00 2.00 153.00

-Computer Fee 40.00 - 40.00-Athletics Activity 52.00 - 52.00

Total Resident Undergraduate Tuition 3,973.00 246.00 4,219.00II. Technology Fee 200.00 0.00 200.00

Total Required Tuition and Fees 4,173.00 246.00 4,419.00

Average University Housing Cost (1)1,725.00 85.00 1,810.00

10 Meal Plan (2)1,023.00 65.00 1,088.00

Average Book Cost (3)450.00 18.00 468.00

(1) Based on weighted average costs of traditional style housing for FY08 and FY09.(2) Provided by Food Services.(3) Estimate by the USC Financial Aid Office.

Other Student Costs:

Required Tuition and Fees:

USC Columbia Campus

Operating Budget FY2009

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USC Columbia Campus – FY 2009State Budget Cut Impact

State Budget Cut ($ 4,301,711)

Reduction in State Appropriations $ 3,768,892– Tuition Impact

Travel Cut $ 532,819- Passed on to Academic & Service Units

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USC Columbia Campus – FY 2009 Academic Programs and Services

Faculty Excellence Initiative $750,000Global Competitiveness Initiative

$200,000University Libraries

$369,941Total $1,319,941

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USC Columbia Campus – FY 2009 Academic Support and Student Affairs

Programs

Scholarship 4% Fee Waiver Increase $ 701,227 In-State Undergraduate

Enrollment Management $ 355,000Gamecock Guarantee Operations $ 100,000Student Affairs Planning & Compliance $ 120,000Study Abroad Data Management $ 10,000MyStudentBody.com $ 14,330Total $1,300,557

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USC Columbia Campus – FY 2009 General Institutional Costs and Central

Operations

Utility Increases $ 988,636Insurance Increase $

166,386Law Enforcement and Safety - Fuel Adjustment $

125,000Facilities - Fuel Adjustment $

100,000Facilities - Sustainability Coordinator $ 80,828Facilities - Salary Allocation Plan - Year Three $

500,000Facilities - O&M of Strings Facility and Band Hall $

100,027 Env. Health & Safety - Fire Alarm Inspection $ 145,980Env. Health & Safety - Hazardous Waste Increase $

15,000Human Resources Initiatives $

24,147Total $2,246,004

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USC Columbia Campus – FY 2009 Pay Package, Health Insurance and

Retirement

University Share of Pay PackageSalary $ 665,080Fringe Benefits $ 156,853

Retirement & Health Insurance Increases $ 735,000

Total $1,556,933

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USC Columbia Campus – FY 2009 Mandated Fee Distributions

Institutional Bond $ 1,000,000Student Health Center $ 80,000Student Activities $ 240,000Total $ 1,320,000

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USC Columbia Campus – FY 2009Non-Recurring Funding

Recommendations

Enrollment Management $ 66,000Gamecock Guarantee Operations $175,000Student Affairs Planning and Compliance $ 4,320Study Abroad Data Management $ 60,000MyStudentBody.com $ 48,680Total $354,000

Utilities - Franchise Fee $72,900Facilities O&M of Strings Facility and Band Hall

$12,000Total $84,900

Academic Support and Student Affairs Programs

General Institutional Costs and Central Operations

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USC Columbia - Source of “A” Funds

I State Appropriated Funds 151,211,185

154,006,828

1,506,068

(4,301,711)

II Special Below-the-Line Appropriations 8,300,867 Nanotechnology 1,000,000

Hydrogen Fuel Cell Research 1,000,000

Institute for Public Service and Policy Research 716,454

Small Business Development Center 936,534

Freshwater Initiative 500,000

Law Library 344,074

African-American Professors Program 178,805

School of Public Health - Epilepsy 75,000

Palmetto Poison Control Center 250,000

Technology Incubator Project 200,000

OneCarolina 1,500,000

EngenuitySC 100,000

South Carolina Lightrail (NON-RECURRING) 1,500,000

Beginning Base Recurring Appropriations

Estimated State Funds for Pay Package

State Budget Cut

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USC Columbia - Source of “A” Funds

III Departmental Income and Transfers 307,251,656

218,555,501

11,512,327

Tuition Increase for Mandated Fee Distributions (1,320,000)

87,744

7,900,372

70,000,000

515,712

IV General Fund Income and Transfers 59,172,500

50,000,000

2,800,000

1,372,500

5,000,000

Total Source of Funds 525,936,208

Student Fee Abatements

Other Revenue - General Fund

Transfers from/-to Other Fund Groups (net)

General Fund Balance Carryforward

Estimated Access and Equity (State Contract/Grant)

Other Departmental Revenue

Departmental Balances Carryforward

Dept Transfers from/-to Other Fund Groups (net)

Student Tuition and Fees

Tuition Increase

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USC Columbia - Use of “A” Funds

V Recurring Base Budgets 430,761,116

380,761,116

Undergraduate Abatements 33,950,000

Graduate Abatements 16,050,000

VI Special Below-the-Line Appropriations 8,300,867Nanotechnology 1,000,000

Hydrogen Fuel Cell Research 1,000,000

Institute for Public Service and Policy Research 716,454

Small Business Development Center 936,534

Freshwater Initiative 500,000

Law Library 344,074

African-American Professors Program 178,805

School of Public Health - Epilepsy 75,000

Palmetto Poison Control Center 250,000

Technology Incubator Project 200,000

OneCarolina 1,500,000

EngenuitySC 100,000

South Carolina Lightrail (NON-RECURRING) 1,500,000

Department Base Budget Allocation

Student Fee Abatements:

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USC Columbia - Use of “A” Funds

VII Carryforward Balances Allocated 70,000,000

70,000,000

VIII New and Continuing Funding Recommendations - Recurring 11,874,225

1,319,941

1,300,557

2,246,004

3,063,001

3,944,722

IX Non-Recurring Funding Recommendations 438,900

Total Use of Funds 521,375,108

Net General Fund Unallocated Carryforward Balance 4,561,100

Carryforward Balances Allocated to Departments

Academic Programs and Services

Academic Support and Student Affairs Programs

General Institutional Costs and Central Operations

Pay Package, Health Insurance and Retirement

Internal Reallocations

System Tuition and Fees

FY2009

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Columbia

Undergraduate - Resident 4,173 4,419 246 - Non-Resident 10,816 11,454 638 - Non-Resident General University Scholarship 4,173 4,419 246

- Non-Resident Departmental Scholarship 6,082 6,435 353 - Non-Resident Athletic Scholarship 8,162 8,078 -84

Graduate - Resident 4,644 4,918 274 - Non-Resident 9,790 10,368 578Law - Resident 8,382 8,924 542 - Non-Resident 16,725 17,810 1,085 - Non-Resident Scholarship 9,257 9,856 599

Medical School

Resident 11,272 12,388 1,116Non-Resident 29,930 30,229 299Non-Resident Scholarship 14,090 15,485 1,395

Campus CURRENT 2007-08

PROPOSED 2008-09

DOLLAR CHANGE

Required Tuition & Fees per Semester for Full-time Students

Current 2007-08 to Proposed 2008-09

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Senior & Regional CampusesRequired Tuition & Fees per Semester for Full-time Students

Current 2007-08 to Proposed 2008-09

USC Aiken

Resident 3,503 3,766 263

Non-Resident 6,961 7,448 487

USC Beaufort

Resident 3,125 3,500 375

Non-Resident 6,956 7,288 332

USC Upstate

Resident 3,880 4,171 291Non-Resident 7,876 8,342 466

Regional Campuses - under 75 credit hours

Resident 2,434 2,632 198Non-Resident 5,890 6,340 450

Regional Campuses - 75 or more credit hours

Resident 3,533 3,826 293Non-Resident 6,991 7,508 517

DOLLAR CHANGE

Campus CURRENT 2007-08

PROPOSED 2008-09

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