UPRAC Budget Meeting - cloudprod.utc.edu

UPRAC Budget Meeting

FY 2016-17 Proposed Operating Budget

Dr. Jerald Ainsworth & Dr. Richard Brown

Budget Process Goals

• Align budget priorities to strategic goals

• Budget understanding – Transparency of process

• Build upon strong prior financial stewardship and

fiscal position

• Broaden inclusion with fiscal planning

• Work closely with the University Planning and

Resource Advisory Committee to collaboratively

make budget decisions

Strategy & Issues Going Forward

• Tuition & fees benchmarking – Out-of-state tuition

& scholarships

• State political climate – THEC & new boards

• Drive to 55 attainment goals

• Tennessee Complete College Act

• Tennessee Promise strategy for CC partnerships

• Online education competitiveness

• Marketing and communication

• Alternative revenue streams

• Philanthropy and fund raising

• Accreditation and academic quality

Strategic Plan Goals

• Goal 1: Transform lives through meaningful

learning experiences.

• Goal 2: Inspire, nurture and empower scholarship,

creativity, discovery, innovation and

entrepreneurial initiatives.

• Goal 3: Ensure stewardship of resources through

strategic alignment and investments.

• Goal 4: Embrace diversity and inclusion as a path

to excellence and societal change.

Budget Timeline

August – December

2015

Departments and divisions

prepared budget requests

January – April 2016

Vice Chancellors worked to

finalize requests

April 2016

Chancellor and Executive Team

approved proposed budget

May 2016

Chancellor hosts town hall

meeting to present budget

FY 17 E&G Proposed New Revenue

1% maintenance fee increase yields $721,691.

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

$4,500,000

$5,000,000

Tuition StateAppropriations

Fees Rebalancing Reserves

Recurring = $7,655,475 Non-Recurring = $2,249,900

FY 17 E&G Proposed New Expenses

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

$4,500,000

Recurring = $7,655,475 Non-Recurring = $2,249,900

FY 17 E&G Proposed Budget - Revenue

Total

$155,402,724

Tuition & Fees, $102,981,384,

66%State Appropriations,

$46,639,305, 30%

Grants & Contracts,

$453,856, 1%

Sales & Services, $5,088,679, 3%

Other Sources, $239,500, 0%

FY 17 E&G Proposed Budget - Expense

Total

$155,336,144

Instruction, $66,516,644,

43%

Research, $2,129,881, 1%

Public Service, $2,626,075, 2%

Academic Support,

$12,412,821, 8%

Student Services,

$24,191,095, 16%

Institutional Support,

$12,259,360, 8%

Op/Maint Physical Plant, $20,422,813,

13%

Scholarships/FW, $12,646,432, 8%

Other Expenditures,

$2,131,023, 1%

FY 2017 Proposed Budget - Chancellor

New Budget Allocations

• Recurring $60,571

• Non-Recurring $0

• Total $60,571

Highlights

• Staff Writer

• Community Partnership Operating

• Title IX Operating

• 3% Across-the-Board Salary Pool

FY 2017 Proposed Budget – Academic Affairs


• Recurring $3,815,817

• Non-Recurring $350,000

• Total $4,165,817

Highlights

• Full Funding of 6 New Faculty Positions in Engineering and Business

• Staffing and Operating Support for Arts and Sciences, Enrollment

Services, International Education, and the Library

• Enhanced Support for Career Services

• Faculty Promotions & UCF Rollovers Salary Pool


FY 2017 Proposed Budget – Athletics



• Non-Recurring (If Needed) $150,000

• Total $394,648

Highlights

• Partial Funding for Head Basketball Coaches Salary Adjustments

• Recruiting Operating

• Team Travel Operating

• Tennis Facility Operating


FY 2017 Proposed Budget – Comm. & Marketing




• Total $527,381

Highlights

• Marketing Funds for Student Recruitment

• Associate Vice Chancellor Position; Director of Editorial Services Position;

Director of Integrated Marketing Position; Webmaster Position

• Salary Compression Adjustments


FY 2017 Proposed Budget – FOIT




• Total $832,753

Highlights

• Purchasing Buyer/Surplus Position (Partial Funding)

• Emergency Management Planner Position; Police Officer Position (2)

• Skilled Crafts Position; Custodian Position (2)

• Facilities Operating Funds


FY 2017 Proposed Budget – Stud. Development



• Non-Recurring (If Needed) $88,000

• Total $264,341

Highlights

• Judicial Investigator Position

• Women’s Center Victim/Survivor Advocate Position

• Disability Resource Center Operating (If Needed)


FY 2017 Proposed Budget – Institutional


• Recurring: $1,469,793

• Non-Recurring: $1,300,000

• Total $2,769,793

Highlights

• Diversity Advisory Council Institution & Unit Plans

• New Library Cleaning Contract

• Technology Refresh – Infrastructure, Wireless, Classrooms, State Office

Building, Voice Over Internet Protocol (VOIP)

• Utilities

• FLSA Salary Pool

FY 2017 Proposed Budget – Scholarships & FW




• Total $890,071

Highlights

• New Gold Scholarships

• Graduate Assistantships Stipend Increase

• Increase Institutional Scholarships & Grant-In-Aid for Tuition Increase

FY 2017 Proposed Board Approved Fees

Annual Rate Annual Increase

Fee Current Proposed Amount Percent

Annual Revenue

Generated

International Education

Fee New $20 $20 100% $239,960

Doctorate of Physical

Therapy Differential Fee New $56 $56 100% $92,736

Doctorate of Occupational

Therapy Differential Fee New $56 $56 100% $68,544

Total $401,240

FY 2017 Proposed Presidential Approved FeesAnnual Rate Annual Increase


Annual

Revenue

Generated

Lab Fee

Adjustments $16,300

Total $16,300

• Courses Included in Lab Fee Adjustments

• Education

• Environmental Science

• Interior Design

• Communications

FY 2017 Proposed Chancellor Approved Fees

Annual Rate Annual Increase


Annual

Revenue

Generated

Nurse

Practitioner

Seat Fee New $500 $500 100% $7,500

PT Seat Fee $250 $500 $250 100% $2,500

Parking

Student

Decals 3% $36,252

Parking

F/S &

Other Decal

Types 3% $6,382

Meal Plans 4% $46,265

Total $98,899

FY 16 Tennessee Universities Tuition & Fees

University

Total

Mandatory

Fees

Undergraduate

Maintenance

Fees

Total

Undergraduate

Resident

Tennessee State $1,039 $6,378 $7,417

Austin Peay $1,453 $6,348 $7,801

ETSU (JRs, SRs, and Grad Students) $1,359 $6,828 $8,187

UT Martin $1,408 $6,918 $8,326

Tennessee Tech $1,171 $7,182 $8,353

UT Chattanooga $1,732 $6,624 $8,356

Middle Tennessee $1,648 $6,756 $8,404

ETSU (FR & SOPH) $1,649 $6,828 $8,477

University of Memphis $1,583 $7,686 $9,269

UT Knoxville (admitted before 2013-14) $1,758 $9,028 $10,786

UT Knoxville (admitted 2013-14) $1,758 $10,376 $12,134

UT Knoxville (admitted 2014-15 & later) $1,758 $10,678 $12,436

FY 16 & 17 Fees

*Preapproved UT Board Increase

Fee Current Proposed

Student Activity $240 $240

Debt Service $300 $300

Health Services $120 $120

Athletics $480 $480

Green $20 $20

Technology $250 $250

Library $50 $50

Transportation* $72 $96

Facilities $200 $200

International $0 $20

Total $1,732 $1,776

FY 13-17 Undergraduate Tuition & Fees

Proposed

$7,212 $7,555 $8,138 $8,356 $8,546

$21,558 $22,762

$24,256 $24,474 $24,667

$-

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

2013 2014 2015 2016 2017

In-State Out-of-State

FY 13-17 Graduate Tuition & Fees

Proposed

$8,350 $8,762 $9,416 $9,670 $9,889

$22,696 $23,967

$25,534 $25,788 $26,007

$-

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

2013 2014 2015 2016 2017

In-State Out-of-State

FY 01-17 Tuition vs. Appropriation

Tuition and appropriation for FY 2016 is revised and for FY 2017 is proposed.

$10

$20

$30

$40

$50

$60

$70

$80

$90

$100

$110

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Mill

ion

s

Tuition & Fees State Appropriation

BAG Update

Category Action/Strategy Status

Sources of New/

Reallocated Funds

Uses of New/

Reallocated Funds

Reallocations

Institution-wide Budget

Rebalancing (4.75% Target) Complete $2,948,339

Reallocations

Tennessee Promise

Enrollment Impact Complete $918,643

Reallocations

UC Foundation Academic

Affairs Program

Realignments Complete $237,854

Reallocations Compensation Gap Complete $6,157,472

Reallocations

Voluntary Retirement

Incentive Program Complete $6,523,175 $6,523,175

Reallocations

Voluntary Retirement

Incentive Program

Restricted Account

Payments Complete $47,160

Program Realignment

Executive MBA Program

Discontinuation Underway $312,477

TOTALS $9,783,991 $13,884,304

FY 17 Funded Capital Projects

Type Project Total

Outlay Academic Classroom Renovation (Lupton/Fine Arts) $37,910,000

Maintenance Roof Replacements $4,500,000

Total $42,410,000

FY 18 Capital Project Priorities

Type Project Total

Capital Health Sciences Building $95,000,000

Maintenance West Campus Utility Connections $5,570,000

Maintenance Building Envelope Repairs $2,600,000

Total $103,170,000

FY 11-15 E&G Fund Balance

THEC fund balance minimum requirement is 2%; UTC FY 2015 balance is 4.23%.

$5,549,743

$5,339,000

$5,700,000

$6,100,001 $6,200,000

$4,800,000

$5,000,000

$5,200,000

$5,400,000

$5,600,000

$5,800,000

$6,000,000

$6,200,000

$6,400,000

2011 2012 2013 2014 2015

FY 11-15 Notes & Bonds Payable

The West Campus Housing & Parking Garage project will add an estimated $77 MM in FY 2018.

$47,392,967

$47,843,238

$46,067,087

$48,380,824

$46,619,530

$44,500,000

$45,000,000

$45,500,000

$46,000,000

$46,500,000

$47,000,000

$47,500,000

$48,000,000

$48,500,000

$49,000,000

2011 2012 2013 2014 2015

FY 13-17 Institutional Compensation Investment

Graph includes FY 17 proposed compensation plans.

Total

$9,270,552

Across-the-Board,

$6,455,027, 70%

Faculty Promotions & UCF Rollovers,

$1,130,000, 12%

F/S Market & Merit,

$1,685,525, 18%

FY 15 Faculty Compensation Comparison

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000

Professor AssociateProfessor

AssistantProfessor

Instructor Lecturer

UTC Peers

96%

100%

92% 84%

Professor, Associate, & Assistant = Huron; Instructor & Lecturer = AAUP IIA Peers

96%

FY 12-16 Physical Plant Square Footage

FY 2016 square footage does not include the State Office or Mapp Buildings.

2,407,655 2,466,8722,652,604

2,918,640 2,975,309

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

2012 2013 2014 2015 2016

FY 12-16 Residence Hall Occupancy Rates

29793146 3146 3146 3146

29793090 3090 3099 2999

65 36 126 1260

0

500

1000

1500

2000

2500

3000

3500

2012 2013 2014 2015 2016

Capacity Occupancy Overflow Housing

Documents

UPRAC Budget Meeting - cloudprod.utc.edu