URC Budget Requests FY 2020 - Texas A&M University¢â‚¬â€œSan ... URC Budget Requests FY 2020 March 25, 2019

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  • URC Budget

    Requests FY 2020

    March 25, 2019

    URC Budget Request Analysis 1

  • Agenda

     President Matson’s FY 2020 Budget Priorities

     Legislative Update

     Enrollment Update

     Forecasted Available Incremental Revenue

     Division Strategic Priorities

     Discussion

    URC Budget Request Analysis 2

  • Budget Priorities for FY 2020

    URC Budget Request Analysis 3

  • FY 2020 Budget Priorities

     ADHERENCE TO IDENTIFIED PRIORITIES – All new funding requests should be aligned and focused within the Strategic Plan Build.Impact.Transform.

     STRATEGIC ENROLLMENT MANAGEMENT–The comprehensive plan should thoughtfully contemplate a strategic mix of new degree programs and targeted growth within existing academic programs to optimize the weighted semester credit

    hour formula funding model.

     EARLY INTERVENTIONS FOR ACADEMIC SUCCESS – A greater emphasis must be placed on earlier interventions in the academic career of a student to enhance readiness for college success, particularly as our admissions standards increase. The Division of Enrollment Management should lead efforts to develop pre-college programs in close collaboration with Academic Affairs and Student Affairs. Fiscal priorities to jump-start initiatives through one-time funds or corporate foundation support should be given consideration.

    URC Budget Request Analysis 4

  • FY 2020 Budget Priorities

     OPERATIONS AND AUXILIARY GROWTH – The budget should anticipate incremental growth in supporting areas that will be impacted by enrollment growth. Base funding priority shall be provided to Marketing and Communications, Information Technology and University Police. Other units identified as providing crucial support to a growing student body, faculty and staff may be considered in a secondary priority. One-time support that allows the establishment or scaling of appropriate auxiliary operations to support campus growth should also be given consideration. The use of technology and process improvement to generate efficiencies should be emphasized in every division.

     SUSTAINABILITY—As our University grows and matures, there is a need for a greater appreciation and sensitivity for sustainable practices that address our environmental, social, and economic impact. Budget initiatives that recognize and promote this will be given priority consideration.

    URC Budget Request Analysis 5

  • Legislative Update

    URC Budget Request Analysis 6

  • Legislative Update  House Bill 1 – Latest version made available March 15, 2019

     Funding increased from original LBB recommended House Bill by

    $1,405,658 for the 2020-2021 biennium ($702,829 per year).

     Senate Bill I – Updated version expected soon.

     Still includes loss of 10% of Downward Expansion and Transitional

    Funding (approximately $1.4 million for the biennium).

     The updated bills have to be reconciled in joint conference committee submitted

    to and approved by the Governor.

    URC Budget Request Analysis 7

  • Enrollment Update

    URC Budget Request Analysis 8

  • FY2020 Incremental Revenue Forecast

    URC Budget Request Analysis 9

  • Revenue Forecast (7,083 Hct)

    URC Budget Request Analysis 10

    Revenues FY 2019

    Forecast

    FY 2020 Forecast

    (SB1)

    Increase/ (Decrease)

    (SB1) FY 2019 Forecast

    FY 2020 Forecast

    (HB1)

    Increase / (Decrease)

    (HB1) State Appropriations 32,619,859 34,098,647 1,478,788 32,619,859 35,571,755 2,951,896

    Total Net Tuition & USF 32,690,179 35,552,719 2,862,540 32,690,179 35,552,719 2,862,540

    Other Revenues 1,748,645 1,832,046 83,401 1,748,645 1,832,046 83,401

    Total Revenues $67,058,683 $71,483,412 $4,424,729 $67,058,683 $72,956,520 $5,897,837

    6.7% Headcount Growth over FY 2019

  • Revenue Forecast (6,804 Hct)

    URC Budget Request Analysis 11

    Revenues FY 2019

    Forecast

    FY 2020 Forecast

    (SB1)

    Increase/ (Decrease)

    (SB1) FY 2019 Forecast

    FY 2020 Forecast

    (HB1)

    Increase / (Decrease)

    (HB1) State Appropriations 32,619,859 34,098,647 1,478,788 32,619,859 35,571,755 2,951,896

    Total Net Tuition & USF 32,690,179 34,152,294 1,462,115 32,690,179 34,152,294 1,462,115

    Other Revenues 1,748,645 1,832,046 83,401 1,748,645 1,832,046 83,401

    Total Revenues $67,058,683 $70,082,988 $3,024,304 $67,058,683 $71,556,095 $4,497,412

    2% Headcount Growth over FY 2019

  • Revenue Forecast

     Potential incremental available revenue ranges

    between $1.0 and $3.0 million available.

     Should have a better estimate of incremental revenue

    by mid April 2019.

     Expect to have final incremental revenue by 20th class

    day of Fall 2019.

    URC Budget Request Analysis 12

  • Merit Increase  FY 2019 – One-Time Merit Payment.

    1.5% Merit Pool.

     FY 2020 – Potential 1.5% base merit pool.

    URC Budget Request Analysis 13

  • FY2020 Divisional Budget Requests

    URC Budget Request Analysis 15

  • Current Summary of Requests by Division

    URC Budget Request Analysis 16

    Division Recurring Requests

    One Time Requests

    Academic Affairs $1,544,438 $879,963

    Business Affairs $1,629,553 $1,649,792

    Enrollment Management $408,450 $3,100

    Student Affairs $720,984 $129,100

    University Advancement $567,693

    Total New Requests $4,871,118 $2,661,955

  • Discussion

    URC Budget Request Analysis 17

    URC �Budget Requests �FY 2020 Agenda Slide Number 3 FY 2020 Budget Priorities FY 2020 Budget Priorities Slide Number 6 Legislative Update Slide Number 8 Slide Number 9 Revenue Forecast (7,083 Hct) Revenue Forecast (6,804 Hct) Revenue Forecast Merit Increase Slide Number 15 Current Summary of Requests by Division Slide Number 17