campus budgets

Campus Budgets

By: Matt Rubel & Tara Martinez

◦ System- appropriations and allocation

◦ Campus level- expenses and tuition revenue

Revenue > Personnel + Operating Costs

Basic Campus Budgeting

System Appropriation Tuition Enrollment Fees? Other (grants, customized training,

etc.)

Revenue

In FY14 58.7% of revenue came from TUITION

Springfield Report

Personnel Non-Personnel

Expenditures

Salary Benefits Staff Development Curriculum Development Release Time Sabbaticals Tuition Waivers

Personnel Costs

Your campus building(s).Everything else!

Operations

Fond Du Lac Tribal and Community College

Supplies Travel Memberships Purchased Services IT Support Equipment Replacement/Lease

Other Operating Costs

Marketing

Debt Service

Other Campus Costs

All campuses must keep cash reserves*

5-7% of the campus budget

* NO required student life reserve but the same percentage is recommended!

Reserves

Legislative snapshotMoney and tuition set for this year

Allocation and Tuition for next year up for debate this legislative session.

Every college prepares a budget outlook◦ Enrollment◦ % revenue from tuition v. state◦ Other revenue◦ Personnel costs

Start with a snapshot

Campus Budget Breakdown

General Fund

Student Life Fee

Tech. Fee

Health Service Fee

Revenue Fund Fee

Parking

MCTC Exam-ple

Questions?