Download pdf - URC Budget Requests FY 2020 - Texas A&M University–San ...€¦ · URC Budget Requests FY 2020 March 25, 2019 URC Budget Request Analysis 1 . Agenda President Matson’s FY 2020

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


Budget Priorities for FY 2020


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.


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.


Legislative Update


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.


Enrollment Update


FY2020 Incremental Revenue Forecast


Revenue Forecast (7,083 Hct)


RevenuesFY 2019

Forecast

FY 2020 Forecast

(SB1)

Increase/(Decrease)

(SB1)FY 2019Forecast

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)


RevenuesFY 2019

Forecast

FY 2020 Forecast

(SB1)

Increase/(Decrease)

(SB1)FY 2019Forecast

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.


Merit Increase FY 2019 – One-Time Merit Payment.

1.5% Merit Pool.

FY 2020 – Potential 1.5% base merit pool.


FY2020 Divisional Budget Requests


Current Summary of Requests by Division


DivisionRecurringRequests

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

UniversityAdvancement $567,693

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

Discussion
