financial administrator development series budget...

Financial Administrator Development SeriesBudget Administration

Brent JohnstonOffice of Planning and Budgets

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2

Introduction

Spartans Will

• Undergraduate education

• Sustaining plant science successes

• Expansion of engineering disciplines including biomedical engineering

• Computational sciences emphasizing existing strengths in biology

• Food safety

• Population and community health

• Environment • Food• Water• Energy

• Molecular and genetic techniques across plants, animals and people

• Facilities, infrastructure, and technology

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Building Excellence

Provost Priorities Provide support for faculty resulting in greater scholarly productivity and instructional effectiveness

Recruiting and retaining a diverse faculty

Creating a more supportive work environment -WorkLife Office

Creating a more positive campus climate - Healthy Campus Initiative

Creating a more positive campus climate - Policy changes and education

Continue to emphasize the University’s elevating expectations

Pursue multiple strategies for expanding, enhancing, elevating scholarship

Increase competitiveness in key areas -Global Impact Initiative

Build academic infrastructure to support emerging work - new academic departments

Build physical infrastructure to support emerging work - Bio Engineering, Grand Rapids, Business

Expand research infrastructure that supports emerging work

Continue to identify and hold to metrics for improvement

Pursue multiple strategies for enhancing student success: retention, graduation, achievement

Use analytics to understand the teaching and learning process -The University Innovation Alliance

Use technology to enhance teaching and learning - Hub for Innovation in Learning and Technology

Create new models for curriculum and instruction

Use the Higher Learning Commission accreditation process to encourage progress around learning outcomes

Continue to look at institutional outcomes and goals

What is your profession?

6

Financial Control

Planning

Innovation

Management

Building Value

Financial Control – A Beginning Assure consistency between planning and financial

outcomes Continued refinement of institutional information

systems Deployment of OOI and additional financial control

elements- sub-org, sub-account Decentralization of fringe benefits Improving budgetary systems and processes to reduce

redundancy, consistency, and planning certainty Development of dashboard and all-funds perspectives

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• Metrics organized around Bolder by Design to support strategic direction of the institution

• Provides ongoing insight into programmatic/initiative progress and improvement

• Consistent goals and accountability measures in order to appropriately assess performance

Planning profile summary: http://opbweb01.dev.ais.msu.edu/InfoPages/MenuPPSFrame.htm

Performance Metrics and Reporting

http://opbweb01.dev.ais.msu.edu/InfoPages/MenuPPSFrame.htm

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Performance Metrics and ReportingEnhance the Student Experience

Admissions Ratios Entering Class Demographics• GPA• ACT• Academic Standing• Admit %• Yield %

• Resident• Domestic N/R• International• Ethnicity• Gender

Affordability

• Tuition and fee rates• Scholarships/Discounting• Value and return• Student indebtedness

Academic Quality

• Class size• Grad rate• Persistence rate• Value added grads• Degree production

• Rankings• Student experience

10

Performance Metrics and ReportingEnrich Community, Economic, Family Life

Outreach & Engagement Economic Impact• Benefits/Impacts from engagement• Primary forms of engagement• Number of contacts annually• Service learning & civic

engagement

• Total grants per faculty member• Total awards • NSH (HERD) rankings • Distribution of federal funds

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Performance Metrics and ReportingExpand International Reach

External Rankings International Programs

• U.S. News and World Report• Prominent International rankings • CIC Comparison• AAU Comparison

• Study abroad participation• Research with international

components • International student compliment• International faculty

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Performance Metrics and ReportingIncrease Research Opportunities

Faculty Composition Internal Research Metrics• Faculty demographics• Compensation standing • National Academy members• Number of assistantships • Assistantship compensation

• Research $ per faculty member• Research lab s/f per faculty

member• Expenditures per lab s/f

External Metrics• NSF (HERD) ranking, change • AAU research performance • ARL ranking • Patents/Licenses • Start-up companies

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Performance Metrics and ReportingStrengthen Stewardship

Financial Indicators

Staffing

• Composite financial index• Revenue/expense distributions• Admin spending per student• Resources per student • Bond rating

• Staffing compliments• Students per administrative

position• Maintenance, grounds staffing

Energy and Utilities

• Total unit cost• Mix of fuels • Construction standards• Sustainability/conservation

Advancement/Endowment• Annual giving• Alumni giving rate• Endowment growth• Investment performance

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Planning Basics

Account Structure Overview

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Current Funds

General Fund: Unrestricted

operating funds; budgeted and allocated for

general operations

Designated Fund: Unrestricted self-

supporting mission related

activities – fee for service

Auxiliary Fund: Unrestricted self-supporting non-

mission activities –fee for service

Expendable Restricted:

Restricted funding for sponsored

projects or current gift/endowment

revenue

Manual of Business Procedures: https://ctlr.msu.edu/combp/mbp5EBS.aspx

https://ctlr.msu.edu/combp/mbp5EBS.aspx

General Fund Account Structure

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General Fund

Operations (GA): For day-to-day operations of departments/

colleges Cash Management Programs (GC): Used to account

for annual budget allocations/

carryforward – no expenditures

Specials (GS) Used to account for

projects/ initiatives – startups,

retentions, other activities – sub fund

being reviewed

Contingency (GD): Used to account for

carryforward, unencumbered programmatic

resources, flex funds – Unit priorities

Technology (GL): Used to support

Teaching and Learning

Environment funds (TLE)

Manual of Business Procedures: https://ctlr.msu.edu/download/mbp/ex5GeneralFund.pdf

https://ctlr.msu.edu/download/mbp/ex5GeneralFund.pdf

Formula based on budget proposal •Salary increments

•Operating support

•1% reallocation

Differential•Program allocations

•Reductions

Operating Units Separately Reviewed Items

•Financial aid

•Utilities

•Health care

•Other benefits

•Financial framework

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Dimensions & Practice

*All funds analysis shared at unit/central level

Budget Equation-Values Driven • Continuing discussion: Board of Trustees, President, Provost, Deans,

Governance, Community• Fall--Strategic Planning

• Major challenges/opportunities (e.g., intellectual, educational, research, outreach) facing the unit

• Goals, outcomes or benefits anticipated, and contribution to BbD?• Supports sustainable programmatic visions that are dynamic and responsive • Identify requests that align with priorities, build unique advantage, and add

value• Build internal and external alliances• Use metrics to demonstrate results and accountability with clear outcomes and

impacts• Investment from multiple sources; both internal and central• Reward high performing units and address non-performing and lower-priority

areas 18

• Spring- -Internal Budget Issues• Solidify programmatic plans including reductions• Problem/opportunity addressed (current baseline metrics)• What will be done• Accountability: outcomes and milestones related to college and BbD

metrics• Continue integration of college and university priorities• Continue progress on Boldness by Design initiatives and links

requests with strategic directions outlined in the fall • State economic condition indicates a period of flat resource growth• Most investments come from reallocated funds from elsewhere in

the institution• Seek multiple strategies for achieving goals

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Budget Equation-Values Driven

Planning and Budget Process

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Budget Reports, Data Metrics (PPS), Capital

Outlay

Sept-Oct

Budget Model, Budget and Raise

Calendar, Executive Budget

Jan-Feb

Budget Profiles, Salary Studies,

Planning Meetings

Nov-Jan

State Reporting, State Budget Request,

Functional Budgets

Oct-Nov

Budget Meetings, Budget Guidelines,

Allocations

May-JuneFaculty Salaries

(AAUP), RBI, OCCI, RFA, Tuition Policy

Mar-April

FPSM Requests, College Budget

Materials, Program Fees

Feb-Mar

Budget and Raise Processing, Carry

Forwards

July-Sept MSUPlanning and

Budget Process

Allocations and Budgeting

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Salary and Wage Allocation

Base Budget Reconciliation

Revenue Based Initiatives

Off Campus Credit Instruction

Research Facilitation Allocation

Budget Loadin Financial System

Program Allocations

CognosBI Report and Query Studio

Budget ProfilesFringe Benefits, Utilities, etc.

Budget Allocation

Budget Guidelines

Unit Budget Planning

Salary Distribution(Committed Salaries and Wages)

Appropriations, Tuition and Fees, Other Revenues

Projection

Budget Control Numbers

http://opb.msu.edu/budget/cognos_planning/

http://opb.msu.edu/budget/cognos_planning/

Data Source for Numerous Reports

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Budget and Salary Data

All Funds Array

Reports

Functional Budget Report

Higher Education Reporting

PPS

General Fund Revenue Projection Algorithm

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Revenue

State Appropriations

Tuition and Fees

Investment and Other

Income

Research Facilitation

Pass-Through

Revenue Based Initiative

Pass-Through

General Fund Allocation Projection Algorithm

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Allocation for Projected

Expenditures

Employee Compensation Supplies and

Services

Utilities

Financial Aid

BenefitsDebt Service

General University Operations

Pass-Through Funds

(RBI and RFA)

1% Program Efficiency and Reinvestment Fund (PERF)

https://opb.msu.edu/budgetApp/download/2015-16InstructionsForCompletingUnitBudgets.pdf

https://opb.msu.edu/budgetApp/download/2015-16InstructionsForCompletingUnitBudgets.pdf

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Institutional Overview

• Standard high education model unsustainable

• New models must transcend imitation of peers

• Reflect both concern for long-term stability and new

innovative thinking

• Future concern: how do department/colleges work together

to continue innovations with new sources of income

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Higher Education Outlook

Global Rankings

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MSU ranks 78th in the world according to U.S. News & World Report’s 2017 Best Global Universities. MSU also has 8 academic programs ranked in the top 25 globally.

National Rankings

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MSU has 33 undergraduate and graduate programs/schools in the top 25 nationwide. (U.S. News & World Report)

10 Year Change in State Appropriations

Maryland, 43.56%Nebraska, 36.15%

Wisconsin, 30.02%Indiana, 24.28%

Minnesota, 12.25%Iowa, 8.88%

Ohio, 5.92%New Jersey, 1.91%

Michigan, -9.28%

-40.00%

-20.00%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

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2006-2016

Source: Grapevine-College of Education-Illinois State University

2016 Enrollment Dashboard

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7,950

7,256

Entering Class SelectivityAcademic

Preparation (ACT) Pre-Entry Credits

65.70%

73.30% 26.124.6 6.75

3.79

2006 2016

Enrollment indicators trending positively --• Record applications

• Better-prepared students • Record Honors college participation

Source: Enrollment Report, 2016

Student Destinations and Outcomes

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• 91% of 2015 graduates surveyed were employed or continuing their education within 6 months of graduation. Of this, 63% were employed.

• Of 2014 graduates with employment, 62% were employed in Michigan and an additional 16%were employed in the Midwest.

Source: Destination survey, 2015

Student Debt Summary

32

National

State

MSU

$30,100

$30,045

$26,091

National

State

MSU

68%

63%

43%

MSU lags both State and National averages for amount of debt and proportion with debtFor the class of 2015, the proportion of students graduating with debt and the average debt load were both lower

than 2014 figures. Average debt reduced by $31 and the proportion with debt is lower by 2%. Since 2005, the proportion of students graduating with debt has been reduced 13 percentage points from 56%

Average Debt for Students Graduating with Debt

Proportion of StudentsGraduating with Debt

Source: Project on Student Debt, 2015

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The above reflects the estimated distribution of Michigan high school graduates by ACT performance level. The highest performance level is positioned at the base of the graph and progressively diminishes moving to the top.

0

20,000

40,000

60,000

80,000

100,000

120,000

2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

MI Public HS Graduates by ACT Performance

ACT College Readiness Benchmark ACT21+ ACT17+ Other ACT Scores

Michigan High School Graduates

10 Year Financial Framework

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Item Funding Timing NotesGlobal Impact/Academic Excellence

$6.1M$7M

FY17FY20

Unfunded need of $7-$21M over ten years to advance status as top-100 institution; increasing competition for federal funds

Technology

$13M - $23M R

$46M Data Center

$75M-$150M other NR

FY17-FY21

In Process

Ongoing

IT Stabilization

Data Center

Strategic Technology (NR)–Student Success, Student Information, Research, Analytics,

Network/WiFi

Research/Critical SpaceInfrastructure

$17.5M-$70M$100M

$10M-$20M

When authorizedFY17-FY20

Variable

STEM teaching and learning buildingInterdisciplinary science facilities

Research infrastructure

Power and Utilities $80M-$120M FY18-FY24Address overall obsolescence of Simon Plant, assure

water quality, provided through utility allocations

Deferred Maintenance-Just-in-Time

$300-$500M NR FY17-FY27 5 year projection includes HVAC replacements, need to prioritize projects and define scope

Financial Aid $25M R Ongoing Advancement

Effort

Adjust proportion of donor versus institutional aid through increasing donor support

Health Care Difference between inflation and actual Ongoing Monitor ACA impact, limit institutional cost growth

FY17 & FY18 Budget PlanningBudget Item

2016-17Proposal

2017-18Pro-Forma

State Appropriations 2.6% 4%Includes restoration

Tuition & Fees 3.7% Res Lower Div3.9% Res Upper Div4.2% Non-Res UG

4.0% Res Lower Div4.0% Res Upper Div4.0% Non-Res UG

Financial Aid 4.5% 4.5%

Faculty Salaries 2.5% 2.5%

Utilities -5.5% 0.0%

Health Care 5.0% 5.0%

Competitive Programs - $5.0

Competitive Talent 0.5% Provost Market0.5% Special Retention

0.5% Provost Market

Technology $5.0 $5.0

Base Budget Reduction 0.0% -1.0%

Total Budget $1,317.0 $1,363.4Preliminary 2016-17 budget approved by the BOT in June 2015 35

Budget Model Example

36

INCOME EXPENDITURES VARIABLES2016-17 2017-18 2016-17 2017-18

Appropriations 275.9 286.9 Financial Aid 138.3 144.5 Appropriation 4.0%Page 1- Line 23-25, 28, 29 Page 1- Line 23-25, 28, 29

Tuition and Fees 947.9 947.9 LD Core UD Core LD Prof UD ProfUndergrad 24.8 Page 2-Lin Undergrad -Res 4.0% 4.0% 4.0% 4.0%Grad 8.5 Undergrad - Non Res 4.0% 4.0% 4.0% 4.0%New NR Student Enr 0.0 Undergrad - Int 4.0% 4.0% 4.0% 4.0%Total 981.3 Salaries 689.7 712.4 Grad

Page 3- All Salary Increases Page 1- Line 29, 25-46Page 1- Line 29, 25-46 Health Insurance 84.8 89.0 Other Revenue - ICR 3.0%

Page 3-Line 2 Other Revenue 93.2 95.2 Other Benefits 109.1 112.4 Ranked Faculty 2.5%

Page 3-Line 2 Academic Staff 2.5%Utilities 59.5 59.5 Competitive Talent 0.5%

GA's 2.0%Page 2- Line 37-40 Coalition-Trailing Cohort (APSA, APA) 1.5%

Page 1- Line 29,30 New Space 0.0 0.5 Coalition-Leading Cohort (Labor groups, CTU) 2.0% Page 2- Line 37-40 Student Labor 4.0%Page 1- Line 33 Supplies/Services 132.9 135.2Funds Budgeted in prior year 0.0 0.0 Page 4- Line 1-4

Central University Items 102.8 105.9 Page 3- All Salary IncreasesFinancial Aid 4.5%Page 2-Line 30-35

Framework 10.0 Health-Faculty & Academic Staff 5.0% Health-Coalition 5.0%

Page 4- Line 10-11 Other Benefits-Faculty & Academic Staff 3.0%Other Benefits-Coalition 3.0%

JIT Page 1-Line 32,33 Critical Space 0.0 Utilities 0.0% Res Fac Passthrough 0.0 Res Fac Passthrough 0.0

Page 1- Line 33 Revenue-Based Initiatives 0.0 Revenue-Based Initiatives 0.0

Page 4- Line 30-38 Central University Items 3.0%Base Budget Reduction** (6.0) Supplies/Services 2.0%

Page 4- Line 1-4Base Budget Reduction (1.00%)

Total 1,317.0 1,363.4 Total 1,317.0 1,363.5

Surplus/(Deficit) 0.0 Budget Change 3.5%

Does not include 1% efficiency factor

4.0%

Matrix 04

REVENUE AND BUDGET SHORTFALL SCENARIOS

TUITION INCREASES

0%3%4%5%10%12%15%18%20%25%28%

APPROPRIATIONS-20%ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

-17%ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!




-3.5%ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

0%ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!





Budget (Shortfall) / Surplus

1% Approp = $3.25M 1% Tuition = $3.0M 1% Reduction = $3.8M 1% Fin Aid = $0.34M

326.0166283.7

ERROR:#REF!2.837

ERROR:#REF!

BASELINE INCREMENTS:

FACULTY SALARIES = 2% plus allowance OTHERS PER CONTRACT

S&S = 3% UTILITIES = 7% HEALTH CARE = 10%

9-May-03

Parameters

MSU

Deviation FormReductio

AppropTuitionBaseline Revenue and Expenditures%$

-5%7%5.60%$21.00

-10%10%Investment Income @ $4.0M5.60%$21.00


Faculty Salary -- No increase $6.1M

ALT.


Summer Tuition @ $6.0M

Faculty salary @ 2.5% save $1 M

2017-18 Pro Forma Inclusions

2017-18Non-Resident & International Tuition and Fees

Pro-Forma Budget Model InclusionsFY16 - FY17 Proposed Adjustments

Total Budget$1,363.402015-162016-17

Per CreditAY FeeTotalPer Credit +4%AY FeeTotal% Change

InclusionsNon-Resident$1,166$0$34,965$1,212$0$36,3644.00%

Tuition4%

Appropriations4%International$1,166$1,000$35,965$1,212$1,400$37,7645.00%

Financial Aid4.5%

Faculty Salaries 2.5%+0.5%

Utilities0%

Central University Items3%

Reduction-1%

PERF$6M

Academic Competitiveness$5M

IT Initiatives$5M

Model/Margin$3M

Other Existing recurring resources$2.3M

Other Considerations for Potential Inclusion

Grand Rapids Support ~$2.5M

Financial Aid - Personal Miscellaneous Yr. 2~$1.2M

Financial Aid - >$30K Students~$2.6M

Other new space support~$0.4-$1.9

Health/Fringe Benefits

Utilities~($2.5M)

2015-16 Budget Model

Reconciliation of Pro-Forma and Current Proposal

Adjustments

Appropriations - From 4.0% to 1.5% per revised state planning-$6.5

Tuition cap - From 4.0% to 3.2% per revised state planning-$3.2

Resident tuition - From 3.2% to 2.9% per internal planning-$1.2

Non-resident tuition - From 3.6% to 4% per revised internal planning$0.4

Utilities - From 4.0% to 2.2% per internal planning$1.0

Central university items - From 4.0% to 3.0% per internal planning$1.2

Engineering/Business to 5% per internal planning$1.7

New International Fee revenue per internal planning$2.3

($250 per semester all undergrads)

Funds budgeted in prior year per internal planning$4.2

$0.0

Matrix 12 Tuit (2)

Preliminary 2015-16 Budget Preparation

FACULTY SALARIES -- 2.5%UTILITIES -- 4.0%OTHERS PER CONTRACT

S&S -- 2.0%FINANCIAL AID - - 4.5%HEALTH CARE -- 5.0%

2.5% - $31.6M3.0% = $37.9M3.5% = $44.2M4.0% = $50.5M

2.5% = $31.6M 3.0% = $37.9M 3.5% = $44.2M 4.0% = $50.5M

Tuition Target42.4

8.511.522.533.544.555.56

2.71.0%1.5%2.0%2.5%3.0%3.5%4.0%4.5%5.0%5.5%6.0%42.30

APPROPRIATIONS-3-3.0%$0$5$9$13$17$22$26$30$34$39$43

-2-2.0%$3$7$12$16$20$24$29$33$37$41$46

-1-1.0%$6$10$14$19$23$27$31$36$40$44$48

-0.50.5%$7$11$16$20$24$28$33$37$41$45$50

00.0%$9$13$17$21$26$30$34$38$43$47$5142.3

0.50.5%$10$14$18$23$27$31$35$40$44$48$5250.9

11.0%$11$15$20$24$28$32$37$41$45$49$54

1.51.5%$13$17$21$25$30$34$38$42$47$51$55

22.0%$14$18$22$27$31$35$39$44$48$52$56

2.52.5%$15$20$24$28$32$37$41$45$49$54$58

33.0%$17$21$25$29$34$38$42$46$51$55$59

3.53.5%$18$22$26$31$35$39$43$48$52$56$60

44.0%$19$24$28$32$36$41$45$49$53$58$62

$3.3MIf faculty increased by 1%

$5.0MIf technology funded per Framework

1% Approp = $2.7M 1% Tuition = $8.5M 1% Reduction = $6.0M 1% Fin Aid = $1.3M 1% Inv Inc = $0.30M Attachment B

1% Fac Sal = $3.1M 1% Other Sal = $3.2M 1% S&S = $1.0M 1% Utilities = $0.6M 1% Health = $0.77M

Academic competitiveness $? Technology per framework $?

287.5360

-3.93.3

&"Tahoma,Italic"&8&Z&F &A &D acr

Model Reconciliation

2017-18Non-Resident & International Tuition and Fees

Pro-Forma Budget Model InclusionsFY16 - FY17 Proposed Adjustments

RevenuesExpenditures2015-162016-17

Per CreditAY FeeTotalPer Credit +4%AY FeeTotal% Change

BOT pro-forma$1,256.8$1,256.8Non-Resident$1,166$0$34,965$1,212$0$36,3644.00%

Appropriations - From 4.0% to 1.5% per revised state planning-$6.5-$1.0Reduece utilities from 4.0% to 2.2%International$1,166$1,000$35,965$1,212$1,400$37,7645.00%

Tuition cap - From 4.0% to 3.2% per revised state planning-$3.2-$1.0Reduece central uni items from 4.0% to 3.0%



Engineering/Business to 6%/5% per internal planning$2.1

New International Fee revenue per internal planning2.1



RBI Increment$8.8$8.8RBI Increment

Revised Proposal$1,263.8$1,263.8

2015-16 Budget Model

Reconciliation of Pro-Forma and Current Proposal

Adjustments

Appropriations - From 4.0% to 1.5% per revised state planning-$6.5

Tuition cap - From 4.0% to 3.2% per revised state planning-$3.2



Utilities - From 4.0% to 2.2% per internal planning$1.0

Central university items - From 4.0% to 3.0% per internal planning$1.2

Engineering/Business to 5% per internal planning$1.7

New International Fee revenue per internal planning$2.3



$0.0

Matrix 12 Tuit


FACULTY SALARIES -- 2.5%UTILITIES -- 4.0%OTHERS PER CONTRACT

S&S -- 2.0%FINANCIAL AID - - 4.5%HEALTH CARE -- 5.0%

2.5% - $31.6M3.0% = $37.9M3.5% = $44.2M4.0% = $50.5M

2.5% = $31.6M 3.0% = $37.9M 3.5% = $44.2M 4.0% = $50.5M

Tuition Target42.4

901.522.533.544.555.56

2.71.0%1.5%2.0%2.5%3.0%3.5%4.0%4.5%5.0%5.5%6.0%42.30

APPROPRIATIONS-3-3.0%($8)$5$10$14$19$23$28$32$37$41$43

-2-2.0%($5)$8$13$17$22$26$31$35$40$44$49

-1-1.0%($3)$11$15$20$24$29$33$38$42$47$51

-0.50.5%($1)$12$17$21$26$30$35$39$44$48$53

00.0%$0$14$18$23$27$32$36$41$45$50$5442.3

0.50.5%$1$15$19$24$28$33$37$42$46$51$5550.9

11.0%$3$16$21$25$30$34$39$43$48$52$57

1.51.5%$4$18$22$27$31$36$40$45$49$54$58

22.0%$5$19$23$28$32$37$41$46$50$55$59

2.52.5%$7$20$25$29$34$38$43$47$52$56$61

33.0%$8$22$26$31$35$40$44$49$53$58$62

3.53.5%$9$23$27$32$36$41$45$50$54$59$63

44.0%$11$24$29$33$38$42$47$51$56$60$65

$3.3MIf faculty increased by 1%

$5.0MIf technology funded per Framework



Academic competitiveness $? Technology per framework $?

287.5360

-3.93.3


Tuition and Fee Matrix

Budget Planning

Tuition and Fee Matrix

ResidentNon-ResidentTotal

Tuition and Fees

LD- Undergraduate$1.6$1.7$3.3Professional and Other

CoreBusEngrProf OtherTotal

UD- Undergraduate$2.3$1.2$3.5Resident

Lower Division$83.30$25.90$20.00$30.00$159.20

Graduate$0.4$0.3$0.7Upper Division$144.00$28.20$19.54$52.02$243.76

Other$4.90$3.40$8.30

Graduate Professional$0.8$0.3$1.1

Non-Resident

Total$5.1$3.5$8.5Lower Division$23.90$10.74$6.44$8.62$49.70

Upper Division$30.10$5.70$3.57$8.93$48.30

International

Lower Division$25.30$53.60$18.80$4.40$102.10

ResidentNon-ResidentTotalUpper Division$24.80$22.30$8.20$4.50$59.80

LD- Undergraduate$0.8$0.9$1.7

@28 CreditsTotal UG$336.30$146.44$76.55$111.87$671.16

UD- Undergraduate$3.1$2.0$5.1

Grad$36.50$7.10$21.90$41.30$106.80

Graduate$0.4$0.3$0.7

Grad Professional$0.00$100.40$100.40

Graduate Professional$0.8$0.3$1.1

Total$372.80$253.57$878.36

Total$5.1$3.5$8.5

Tuition and Fees 1% Values

Professional and Other

ResidentCoreBusEngrProf OtherTotal

Lower Division$0.83$0.26$0.20$0.30$1.59

Upper Division$1.44$0.28$0.20$0.52$2.44

Other$0.05$0.03$0.08

Total$2.32$0.54$0.40$0.85$4.11

Non-Resident

Lower Division$0.24$0.11$0.06$0.09$0.50

Upper Division$0.30$0.06$0.04$0.09$0.48

Total$0.54$0.16$0.10$0.18$0.98

International

Lower Division$0.25$0.54$0.19$0.04$1.02

Upper Division$0.25$0.22$0.08$0.05$0.60

Total$0.50$0.76$0.27$0.09$1.62

Total UG$6.23$2.17$1.26$2.15$11.80

Grad$0.37$0.07$0.22$0.41$1.07

Grad Professional$0.00$1.00$1.00

Total$6.59$2.24$1.48$3.57$13.88

Matrix 12


FACULTY SALARIES -- 1.5%OTHERS PER CONTRACT

S&S -- 2.0%UTILITIES -- 5.0%HEALTH CARE -- 5.0%

FINANCIAL AID - - 10.0%

With current expenditure projections and tuition increases at 5%,

reductions necessary to combat loss of state appropriations

Reuction Target

4.8012345678910

2.80.0%1.0%2.0%3.0%4.0%5.0%6.0%7.0%8.0%9.0%10.0%

APPROPRIATIONS-8-8.0%($14.7)($9.9)($5.1)($0.3)$4.5$9.3$14.1$18.9$23.7$28.5$33.3

-7-7.0%($11.9)($7.1)($2.3)$2.5$7.3$12.1$16.9$21.7$26.5$31.3$36.1

-20-20.0%($35)($30)($25)($20)($16)($11)($6)($1)$4$8$13

-17-17.0%($26)($21)($17)($12)($7)($2)$3$7$12$17$22

-15-15.0%($21)($16)($11)($6)($1)$3$8$13$18$23$27

-13-13.0%($15)($10)($5)($0)$4$9$14$19$24$28$33

-10-10.0%($6)($2)$3$8$13$18$22$27$32$37$42

-7-7.0%$2$7$12$17$21$26$31$36$41$45$50

-5-5.0%$8$13$17$22$27$32$37$41$46$51$56

-3-3.0%$13$18$23$28$33$37$42$47$52$57$61

-1-1.0%$19$24$29$34$38$43$48$53$58$62$67



287.5360

-3.93.3

780.10.393

770.7

9.4


Dash 1 Year

14000.0710000.0526000.1310000.05006000.0310000.0528000.14

AppropriationTuitAidUsalHCOBUTBBR

20000.110000.0511000.05515000.07520000.16000.0310000.0540000.2

AppropriationTuitAidUsalHCOBUtBBR

Michigan State University Budget Planning Dashboard

2010-11

Revenue Inputs

Appropriation-13.00%

Tuition & Fees5.00%

Expense Inputs

Financial Aid13.00%

University Salaries0.00%

Health Care-5.00%

Other Benefits3.00%

Utilities5.00%

Budget Reduction-6.00%

2010-11

Budget Surplus/(Deficit)

$18.80

Dollars in Millions

$18.80

Budget Surplus/Deficit(Not to scale)

283.7648.7000000000000586

93.424000000000007533.979499999999924866.891.685.798.7

Tuition and Fees

Appropriation

Other Revenue

Salaries

Other

Other Benefits

Health Care

Utilities

Financial Aid

SS&E

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FY11 1 Yr Bse

LNLN

1 INCOMEEXPENDITURESVARIABLES1

22009-102010-112009-102010-112

3 Appropriations283.9

rick geiersbach: rick geiersbach:FB page i: djusted for additional appropriations282.7Financial Aid82.7

rick geiersbach: rick geiersbach:FB page 16 Total Scholarships and Fellowships93.5Appropriation-0.4%3

4Page 1- Line 23-25, 28, 29 Page 1- Line 23-25, 28, 294

5 ResNonres5

6Page 2-Line 30-35 Undergrad4.9%5.0%6

7 Tuition and Fees609.3

rick geiersbach: rick geiersbach:FB page i: initial Amount adjusted for additional appropriations609.3Salaries533.7

rick geiersbach: rick geiersbach:FB Page i: Salaries + Labor - Health Insurance & Other Benefits (page 22)542.8Grad5.0%5.0%7

8Undergrad22.9Page 3- All Salary IncreasesPage 1- Line 29, 25-468

9Grad7.0Health Insurance70.0

rick geiersbach: rick geiersbach:FB page 22 Hospitalization 73.4

rick geiersbach: rick geiersbach:To correct for rounding error in split between faculty , coallition, and retireesOther Revenue - ICR3.0%9

10Dubai3.6

rick geiersbach: rick geiersbach:$.5 included last year (of 2.15 expected). This year total is 4.1 so increment needs to be 3.6Page 3-Line 210

11New NR Student Enr6.2Other Benefits91.2

rick geiersbach: rick geiersbach:FB Page 22 Total Retirement and Fringe Benefits less Hospitalization 93.9Ranked Faculty0.0%11

12Total649.0Page 3-Line 2Academic Staff0.0%12

13Page 1- Line 29, 25-46Utilities45.3

rick geiersbach: rick geiersbach:See General Universities Utilities budget47.6Faculty Markets0.5%13

14 Other Revenue88.6

rick geiersbach: rick geiersbach:FB page i85.0Page 2- Line 37-40GA's2.5%14

15Page 1- Line 29,30New Space0.5AP/APSA2.8%15

16 Page 2- Line 37-40CTU1.0%16

17Page 1- Line 33Supplies/Services84.5

rick geiersbach: rick geiersbach:Unit S&E (from Admin, Budget) exludes GU plus Research Excellence Funding 11-334 (Gen Univ 10)86.2Student Labor2.0%17

18Page 4- Line 1-4Regular Labor1.0%18

19Operations74.4

rick geiersbach: rick geiersbach:Amount left to balance - you should be able to tie back to SRI after adjustments.77.4Page 3- All Salary Increases19

20Financial Aid13.0%

21Page 2-Line 30-3521

22University Advancement1.5Health5.0%22

23Public Relations0.0Page 3-Line 223

24Page 4- Line 10-11Other Benefits3.0%24

25Page 3-Line 225

26RCAH1.0RCAH1.0Utilities5.0%26

27Page 4-Line 6, 7Page 4- Line 6,727

28JIT 28

29Page 1-Line 32,33Critical Space**2.229

30Spec Space 30

31Computing - Framework (.05% for 5 yrs)2.531

32Page 4- Line 7, 832

33 Res Fac Passthrough0.0Res Fac Passthrough0.033

34Page 1- Line 3334

35 Revenue-Based Initiatives0.0Revenue-Based Initiatives0.035

36Page 4- Line 30-38Operations4.0%36

37Base Budget Reduction**(29.1)Supplies/Services2.0%37

3838

39 Page 4- Line 1-439

40Base Budget Reduction6.00%40

41 Total981.81,017.7Total981.8993.441

42Change35.9Change in Dollars11.742

43Need24.3Does not include 1% efficiency factor43

44Change1.2%44

44

-10

Sum Rev6,480,000.00may no longer be relevant

1% Values

These drive the salary increase cell (K6)see HEIDI AG reportResNonres

TS Faculty0.000.00Undergrad3.511.09

Other Faculty0.000.00Grad1.140.33

Acad Staff0.000.004.641.43

GA's0.521.30

Ann Rhodes: Ann Rhodes:T&F hardcoded at 8% per DSB

rick geiersbach: rick geiersbach:FB page i: djusted for additional appropriations

rick geiersbach: rick geiersbach:FB page i: initial Amount adjusted for additional appropriations

rick geiersbach: rick geiersbach:FB page 16 Total Scholarships and Fellowships

rick geiersbach: rick geiersbach:$.5 included last year (of 2.15 expected). This year total is 4.1 so increment needs to be 3.6

rick geiersbach: rick geiersbach:FB Page i: Salaries + Labor - Health Insurance & Other Benefits (page 22)

rick geiersbach: rick geiersbach:FB page i

rick geiersbach: rick geiersbach:FB page 22 Hospitalization

rick geiersbach: rick geiersbach:To correct for rounding error in split between faculty , coallition, and retirees

rick geiersbach: rick geiersbach:FB Page 22 Total Retirement and Fringe Benefits less Hospitalization

rick geiersbach: rick geiersbach:See General Universities Utilities budget

rick geiersbach: rick geiersbach:Unit S&E (from Admin, Budget) exludes GU plus Research Excellence Funding 11-334 (Gen Univ 10)

rick geiersbach: rick geiersbach:Amount left to balance - you should be able to tie back to SRI after adjustments.TS Faculty260.40

Faculty Markets1.140.20Other Faculty0.00

Acad Staff42.40

GA's20.94

AP/APSA2.260.40

CTU0.080.01 see salproj program for relevant year

Student labor0.11

Labor0.270.05AP/APSA109.72

CTU33.05

Salary driven fringes0.66Student labor5.48

included with salary incrementsLabor27.12

Tuition Waiver12.57

GAHealth2.98

Chk Amt Sal Proj514.66

6.8%Average Tuition Incr.

Reduction4.0

and set up of academic space. The academic space will be paid in four annual installments commencing in 2010-11 from Dubai tuition proceeds

6.07

MSU Fin Model FY11 (DRAFT)&F

Sal proj 1011

Preliminary Salary Projection

25-Jan-17 Main Campus %Increment Normal Dates

salaccr 200619,648,111

ProjectingProjectingoverall0.5%1% Accr Sal196,481EstimatedProjecting

Year-------2010-112010-11F-Load Rate17.50% 2011-122011-12

AnnualCalc'd%%Increase inSalaryAnnual

Using2009-10of IncrBaseIncrYrSalaryFringesAcc. SalTotal of Incr

Ranked Faculty260,402,224 1,566,164

rick geiersbach: rick geiersbach:used annualization from prior year plus $300K estimated for promotions263,983,4160.75%0.25 494,969 86,620173,149 754,737 264,478,385 464,990

Rick Geiersbach: Rick Geiersbach:Always add $300,000 to pay for promotional increments. This may need to be increased at some point.

rick geiersbach: rick geiersbach:used annualization from prior year plus $300K estimated for promotions

Other Fac42,370,468 102,147

rick geiersbach: rick geiersbach:used annualization from prior year plus $300K estimated for promotions42,742,2220.75%0.25 80,142 14,02594,166 42,822,364 26,714

Fac Mkt0 256,104

rick geiersbach: rick geiersbach:used annualization from prior year plus $300K estimated for promotions0.25%0.25 191,704 33,548225,252 191,704 63,901

Grad Asst36,490,897 036,490,8971.00%1.00 364,909 364,909 36,855,806 0

APSA36,177,556 145,44936,323,0051.00%0.75 272,423 47,674320,096 36,595,428 90,808

APA54,839,944 222,85355,062,7971.00%0.75 412,971 72,270485,241 55,475,768 137,657

N-A Open9,119,072 50,9159,169,9871.00%0.75 68,775 12,03680,811 9,238,762 22,925

CTU33,053,103 691,52733,744,6301.00%0.25 84,362 14,76399,125 33,828,991 253,085

FOP2,322,713 14,0322,336,7451.00%1.00 23,367 4,08927,457 2,360,112 7,789

Off-Campus2,048,026 1,8632,049,8891.00%0.75 15,374 2,69018,065 2,065,263 5,125

Confident2,135,569 9,2482,144,8171.00%0.75 16,086 2,81518,901 2,160,903 5,362

Non-Union3,071,213 10,3873,081,6001.00%0.75 23,112 4,04527,157 3,104,712 7,704

Labor27,123,883 027,123,8831.00%1.00 271,239 47,467318,706 27,395,122 0

Student Labor5,475,067 05,475,0671.00%1.00 54,751 54,751 5,529,818 0

Total514,629,735 3,070,688519,728,9552,374,182 342,0412,889,373 522,103,137 1,086,059

Fringe Increment537,370

3,608,059

Faculty688,389,278 766,814 307,341 848,904

32,297,610

Grads 364,909 0

2,056,349

Support Staff increment916,470160,3827,958,361

10,014,710

Labor Increment 325,99047,467

806

1480

0.8362282878

109,714,093

36,490,897

GA Increment0

BaseIncrementAnnual Costing

20,937,962575,794Stipend2.75%26,341,77157.4%

12,571,886628,594Tuition5.00%15,816,52234.5%

2,981,048149,052Health care5.00%3,750,4178.2%

36,490,8971,353,4413.71%Base plus increment45,908,710100.0%

Check

Contngcy19,068,258

Sal Frngs161,285,702

SS&E286,816,305

TOT BUDGET981,800,000

1st Year UA

LNLN


22011-122012-132011-122012-132

3 Appropriations241.1245.0Financial Aid103.4110.2Appropriation1.4%34.2

4Page 1- Line 23-25, 28, 29Aid for new NR Students0.0Page 1- Line 23-25, 28, 294

5 ResDomestic-NonresIntnl NR5

6Page 2-Line 30-35 Undergrad3.5%4.6%5.4%6

7 Tuition and Fees725.9725.9Salaries549.1571.6Grad5.0%5.0%5.0%7

8UndergradERROR:#REF!Page 3- All Salary IncreasesPage 1- Line 29, 25-468

9Grad0.0Health Insurance70.173.7Other Revenue - ICR3.0%9

10New NR Student Enr0.7Page 3-Line 210

11TotalERROR:#REF!Other Benefits93.195.9Ranked Faculty2.0%11

12Page 3-Line 2Academic Staff2.0%12

13Page 1- Line 29, 25-46Utilities51.053.1Faculty Markets1.0%13

14 Other Revenue60.790.0Page 2- Line 37-40GA's3.0%14

15Page 1- Line 29,30New Space0.0Coalition-Trailing Cohort (APSA, APA)1.0%15

16 Page 2- Line 37-40Coalition-Leading Cohort (Labor groups, CTU)2.0%16

17Page 1- Line 33Supplies/Services95.3102.8Student Labor4.0%17REF

18Page 4- Line 1-4 18505000

19Operations88.399.1Page 3- All Salary Increases19117000

20Financial Aid5.5% 4230858

21Page 2-Line 30-35212500000

22Framework3.1Health-Faculty & Academic Staff5.0%22750000

23 Health-Coalition5.0%23

24RCAH Framework0.0Page 4- Line 10-110.0Other Benefits-Faculty & Academic Staff3.0%24

25 Other Benefits-Coalition3.0%25

26 26


2828

29Page 1-Line 32,33Utilities4.0%29

30 30

310.031

32Page 4- Line 7, 832


34Page 1- Line 3334



37Supplies/Services2.0%37

3838

39Page 4- Line 1-439

40Base Budget Reduction0.00%40

41 Total1,027.7ERROR:#REF!Total1,050.31,114.741

42 42

43Surplus/(Deficit)ERROR:#REF!Does not include 1% efficiency factor43

44 Budget Change before RBI, Res Fac, 5.49%44

44

and Enrollment Growth

-10


1% Values




Acad Staff0.640.114.641.43

GA's0.631.30

Ann Rhodes: Ann Rhodes:T&F hardcoded at 8% per DSBTS Faculty260.40


Acad Staff42.40

GA's20.94

AP/APSA0.820.14


Student labor0.22

LaborERROR:#VALUE!ERROR:#VALUE!AP/APSA109.72

CTU33.05

Salary driven fringesERROR:#VALUE!Student labor5.48


Tuition Waiver12.57

GAHealth2.98



Reduction4.0


6.07

MSU Fin Model Combo (DRAFT)&A

3rd Year

LN4,000.0LN


22013-142014-152013-142014-152

3 Appropriations289.8264.4Financial Aid151.0120.2Appropriation1.8%3


5 ResNonres5

6Page 2-Line 30-35 Undergrad3.6%3.6%6

7 Tuition and Fees1,016.21,016.2Salaries726.7626.1Grad3.6%3.6%7


9Grad8.0Health Insurance92.976.9Other Revenue - ICR3.0%9


11Total1,045.9Other Benefits115.0101.9Ranked Faculty2.3%11



14 Other Revenue97.292.1Page 2- Line 37-40GA's3.5%14

15Page 1- Line 29,30New Space0.50.0Coalition-Trailing Cohort2.0%15

16 Page 2- Line 37-40Coalition-Leading Cohort2.0%16

17Page 1- Line 33Supplies/Services137.9115.6Student Labor4.0%17

18Page 4- Line 1-4 18


20Financial Aid4.5%

21Page 2-Line 30-3521

22Framework5.02.6Health-Faculty & Academic Staff1.5%22


24Page 4- Line 10-11Other Benefits-Faculty & Academic Staff3.0%24

25Other Benefits-Coalition3.0%25

26Framework0.0Framework0.00.0 26


28JIT 28

29Page 1-Line 32,33Critical Space0.00.0Utilities4.0%29

30Spec Space 30

3131

32Page 4- Line 7, 832

33 Res Fac Passthrough0.0Res Fac Passthrough0.00.033

34Page 1- Line 3334

35 Revenue-Based Initiatives8.2Revenue-Based Initiatives0.00.035


37Multiyear Institutional Reserve0.00.0Supplies/Services2.0%37

3838

39 Page 4- Line 1-439

40Base Budget Reduction**0.00.0Base Budget Reduction0.00%40

41 Total1,403.21,410.7Total1,400.51,210.041

42 42

43Surplus/(Deficit)200.7Does not include 1% efficiency factor43

44 Budget Change5.1%44

44

-10


1% Values




Acad Staff0.720.134.641.43

GA's0.731.30



Acad Staff42.40

GA's20.94

AP/APSA1.650.29


Student labor0.22


CTU33.05



Tuition Waiver12.57

GAHealth2.98



Reduction4.0


6.07

MSU Fin Model Combo (DRAFT)&A

Dash 2 Year

10000.0514000.0720000.114000.0720000.16000.0310000.0539000.195

TuitAidUsalHCOBUTBBR

40000.210000.0511000.05514000.0720000.16000.0316000.0840000.2

AppropriationTuitAidUsalHCOBUtBBR

Michigan State University Budget Planning Dashboard

2011-12 & 2012-13

Revenue InputsRevenue InputsRevenue Inputs

Appropriation-0.40%Appropriation-15.00%Appropriation0.00%

Tuition & Fees2.50%Tuition & Fees6.90%Tuition & Fees5.00%

Expense InputsExpense InputsExpense Inputs

Financial Aid13.00%Financial Aid10.00%Financial Aid5.50%

University Salaries0.00%Faculty Salaries2.00%Faculty Salaries2.00%

Health Care-5.00%Health Care5.00%Health Care5.00%

Other Benefits3.00%Other Benefits3.00%Other Benefits3.00%

Utilities5.00%Utilities5.00%Utilities8.00%

Budget Reduction-6.00%Budget Reduction-0.50%Budget Reduction0.00%

2010-112011-122012-13

Budget Surplus/(Deficit)Budget Surplus/(Deficit)Budget Surplus/(Deficit)

$0.00ERROR:#REF!ERROR:#REF!

Please note there are numerous other revenue and expense variables that also influence the budget planning process.

For simplicity, those have been established in the model at currently anticipated levels..

Budget Established at $1,018.4MDollars in Millions

82.7533.6699999999999645.31727091.684.574.400000000000006Appropriations

282.7Tuition & Fees0Other Income99.695310000000021

Financial Aid104.36640000000001Salaries549.12294499999985Utilities51Health Care70.14Other Benefits93.1SS&E95.3Other 87.6

Financial Aid93.424000000000007Salaries533.97949999999992Utilities48Health Care66.8Other Expenses91.685.798.7Appropriations

241.14499999999998Tuition & Fees0Other Income

77.981799999999993

Appropriations

283.7Tuition & Fees648.70000000000005Other Income86

Salaries

Other

SS&E

Other Benefits

Health Care

Utilities

Financial Aid

Salaries

Other

SS&E

Other Benefits

Utilities

Financial Aid

Health Care

Other Benefits

Salaries

Financial Aid

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Reserve-Byelich

Investment Income FundedRETURN ASSUMPTION

Reserves Balance ProjectionCambridge

CIF Return Assumption11%20%3%7%7%8%8%8%8%8%0%

2009-102010-112011-122012-132013-142014-152015-162016-172017-182018-192019-20

Cambridge

Beginning Balance$84.2$91.1$85.3$90.3$92.8$127.3$162.5$198.6$236.9$275.2$314.6Improved

Recurring/Other Sources

Earnings available for GF$72.32$41.53$42.74$43.21$51.98$50.46$48.29$46.66$47.50$45.84$0.00

Investment Yield Available for Use$72.3$41.5$42.7$43.2$52.0$50.5$48.3$46.7$47.5$45.8$0.0

Endowment Trust Retention/(Release)-$29.17$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Matured Endowment Trust Gains/(Losses)$4.09$2.41-$3.75-$6.00$16.98$14.09$17.03$21.01$21.61$22.86$123.12

Total Earnings Available$131.5$43.9$39.0$37.2$69.0$64.6$65.3$67.7$69.1$68.7$437.8

Uses of Funds

General Fund Budget-$34.5-$29.4-$26.8-$29.3-$29.3-$29.3-$29.3-$29.3-$29.3-$29.3-$29.3

Bridging Funds$0.0-$1.2-$3.3-$1.2$0.0$0.0$0.0$0.0-$1.5$0.0$0.0

Income Stabalization-$3.0-$10.0$0.0$0.0$0.0$0.0

Research Start ups-$28.0-$2.0-$2.0-$2.0-$2.0

Total Use of Funds-$65.5-$42.6-$32.1-$32.5-$31.3-$29.3-$29.3-$29.3-$30.8-$29.3-$29.3

Ending Balance$66.0$92.5$92.2$95.0$130.4$162.5$198.6$236.9$275.2$314.6$408.5

JIT Allocation-$6.0-$7.2-$2.0-$2.2-$3.1$0.0$0.0$0.0$0.0$0.0$0.0

Balance After JIT$60.0$85.3$90.3$92.8$127.3$162.5$198.6$236.9$275.2$314.6$408.5

Projected JIT Need-$15.0-$41.8-$51.2-$83.4-$54.2-$44.9-$40.3-$33.6-$41.9-$31.2$0.0

General Fund $9.0$11.0$10.5$10.0$10.0$9.2$9.2$9.3$9.3$9.4$0.0

Net JIT Need-$6.0-$30.8-$40.7-$73.4-$44.2-$35.7-$31.1-$24.3-$32.5-$21.8$0.0

JIT Allocation from Reserves$6.0$7.2$2.0$2.2$3.1$0.0$0.0$0.0$0.0$0.0$0.0

JIT Residual$0.0-$23.7-$38.8-$71.2-$41.0-$35.7-$31.1-$24.3-$32.5-$21.8$0.0

Accumulated JIT Residual$0.0-$23.7-$62.4-$133.7-$174.7-$210.4-$241.5-$265.8-$298.3-$320.1-$320.1

Allocation2009-102010-112011-122012-132013-142014-152015-162016-172017-182018-19

Endowment Trust Income Reserve

Cash Pool Reserve

Infrastructure Reserve

Just-In-Time Reserve

Internal Loans

External Debt

Total$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Fully Allocated?ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

Ending Reserve Balances$38.0$34.6$23.6$13.7$28.4$39.4$56.4$77.4

Reserve Balances


Beginning Balance$29.17$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Annual Activity-$29.17$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Additional Activity (from above)$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Ending Balance$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Cash Pool Reserve


Annual Activity$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00


Ending Balance$9.39$9.39$9.39$9.39$9.39$9.39$9.39$9.39$9.39$9.39



Annual Activity$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00


Ending Balance$33.70$33.70$33.70$33.70$33.70$33.70$33.70$33.70$33.70$33.70


Beginning Balance$11.95-$9.22-$15.02-$22.23-$26.18-$28.40-$31.54-$31.54-$31.54-$31.54

Other Annual Activity-$21.17-$5.80-$7.22-$3.95-$2.22-$3.14$0.00$0.00$0.00$0.00


Ending Balance-$9.22-$15.02-$22.23-$26.18-$28.40-$31.54-$31.54-$31.54-$31.54-$31.54

Cumulative Internal Loans$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Total Reserves (Includes Int Loan Draw)


Other Annual Activity-$46.2-$3.4-$11.0-$10.0$14.8$11.0$17.0$21.0$21.6$22.9$123.1

Additional Activity (from above)$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Ending Balance$38.0$34.6$23.6$13.7$28.4$39.4$56.4$77.4$21.6$22.9$123.1

Cumulative Cost of External Debt$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Cash Resources Available for UseERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

Ending AvailableERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

Cash NeedERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

* Remaining Need from internal/external loan

Cash Flow Impact (Memo Item)ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

*Adequate to handle most critical JIT projects beyond recurring GF capacity

Opportunity Cost of Negative BalanceERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

Cost to Borrow Negative BalanceERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

2009-102010-112011-122012-132013-142014-152015-162016-17

Beginning Balance$91.0$90.9$62.5$45.0$15.6$20.7$54.5$102.6

Recurring/Other Sources

Earnings available for GF$15.69$22.59$23.78$50.28$59.42$79.38$44.03$43.23

Earnings available for use$15.7$22.6$23.8$50.3$59.4$79.4$44.0$43.2

Endowment Trust Realized Gains/(Losses)-$6.56-$23.64-$23.50-$45.69-$13.37$13.72$20.87$21.00-$10.66-$19.75-$39.69-$30.35-$0.38$3.83-$0.01

Trust Accumulation$25.31$18.91$18.30-$7.83-$14.69-$33.11$2.37$2.81$54.48$18.30-$7.83-$14.69-$33.11$2.37$2.81

Total Sources of Funds$125.4$108.8$81.1$41.8$46.9$80.7$121.8$169.6147.65%147.65%12.23%-31.97%25.00%86.39%150.61%-100.00%-100.00%

Uses of Funds

General Fund Budget-$34.5-$29.3-$24.1-$19.2-$19.2-$19.2-$19.2-$19.2

Other Uses

Bridging Funds$0.0-$10.0-$5.0$0.0$0.0$0.0$0.0$0.0

Other Facilities

EBSP

JIT (Net of GF Recurring Resources)*$0.0-$7.0-$7.0-$7.0-$7.0-$7.0$0.0$0.0

Other

Other

Other

Total Uses-$34.5-$46.3-$36.1-$26.2-$26.2-$26.2-$19.2-$19.2

Cash Flow Impact (Memo Item)-$18.8-$23.7-$12.3$24.1$33.2$53.2$24.8$24.0

Ending Balance$90.9$62.5$45.0$15.6$20.7$54.5$102.6$150.4ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!

Remaining to Fund-$18.8-$23.7-$12.3$24.1$33.2$53.2$24.8$24.0

Allocation2009-102010-112011-122012-132013-142014-152015-162016-17


Cash Pool Reserve



Internal Loans

External Debt

Total$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Fully Allocated?NoNoNoNoNoNoNoNo

Ending Reserve Balances$85.5$80.8$75.6$22.0-$6.0-$25.4-$2.2$21.6

Reserve Balances



Annual Activity$25.31$18.91$18.30-$7.83-$14.69-$33.11$2.37$2.81

Additional Activity (from above)$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Ending Balance$53.09$72.00$90.30$82.47$67.78$34.66$37.04$39.85

Cash Pool Reserve


Annual Activity$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00


Ending Balance$19.00$19.00$19.00$19.00$19.00$19.00$19.00$19.00



Annual Activity$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00


Ending Balance$35.00$35.00$35.00$35.00$35.00$35.00$35.00$35.00


Beginning Balance$9.23-$15.04-$15.04-$15.04-$15.04-$15.04-$15.04-$15.04

Other Annual Activity-$24.28$0.00$0.00$0.00$0.00$0.00$0.00$0.00


Ending Balance-$15.04-$15.04-$15.04-$15.04-$15.04-$15.04-$15.04-$15.04

Cumulative Internal Loans$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Total Reserves (Includes Int Loan Draw)

Beginning Balance$91.0$85.5$80.8$75.6$22.0-$6.0-$25.4-$2.2

Other Annual Activity-$5.5-$4.7-$5.2-$53.5-$28.1-$19.4$23.2$23.8


Ending Balance$85.5$80.8$75.6$22.0-$6.0-$25.4-$2.2$21.6

Cumulative Cost of External Debt$0.0$0.0$0.0$0.0$0.0$0.0$0.0$0.0

Desired Minimum Balances

Endowment Trust ReserveFloats with Trust Accumulation and Realized Gains/(Losses)

Stabilization Reserve$19.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$19.00

Infrastructure Reserve$35.40$25.00$25.00$25.00$25.00$25.00$25.00$25.00$25.00

JIT Reserve$8.84$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Total$63.24$25.00$25.00$25.00$25.00$25.00$25.00$25.00$44.00

Cumulative Internally Financed$0.00$0.00$0.00$9.44$4.29$0.00$0.00$0.00

Tuition Rate

Tuition and Fee Planning - 2015&16

Total Increment

$31,105,851

Undergraduate-$13,894,149

ResidentRateFee/CreditTotalBig Ten Rank# Credits% IncTotal Inc

Core-LD-Res$440.00$440.005th199,5532.80%$2,458,493

Core-UD-Res$490.25$490.255th294,9462.80%$4,048,724

Ag/Nr-LD-Res$440.00$440.0032,6622.80%$402,396

Ag/Nr-UD-Res$490.25$7.14$497.3957,2521.00%$280,678

Bus-LD-Res$440.00$440.005th58,7822.80%$724,194

Bus-UD-Res$490.25$14.28$504.535th57,7121.00%$282,933

Ed-LD-Res$440.00$440.0022,5692.80%$278,050

Ed-UD-Res$490.25$7.14$497.395th33,1311.00%$162,425

Engr-LD-Res$440.00$440.005th45,5902.80%$561,669

Engr-UD-Res$490.25$42.14$532.393rd39,9771.00%$195,987

Music-LD-Res$440.00$440.002,2022.80%$27,129

Music-UD-Res$490.25$490.254,1181.00%$20,188

Nursing-LD-Res$440.00$440.0013,9952.80%$172,418

Nursing-UD-Res$490.25$490.255th9,6991.00%$47,549

Vet Med-LD-Res$440.00$440.004,1962.80%$51,695

Vet Med-UD-Res$490.25$490.251,1151.00%$5,466

Total Resident203,0041.00%995,227

Non-Resident

Core-LD-NonRes$1,165.50$1,165.502nd41,7654.00%$1,947,084

Core-UD-NonRes$1,202.25$1,202.252nd45,7064.00%$2,198,002

Ag/Nr-LD-NonRes$1,165.50$1,165.504,7884.00%$223,217

Ag/Nr-UD-NonRes$1,202.25$7.14$1,209.398,6971.00%$104,560

Bus-LD-NonRes$1,165.50$1,165.502nd53,9284.00%$2,514,123

Bus-UD-NonRes$1,202.25$14.28$1,216.533rd23,2201.00%$279,162

Ed-LD-NonRes$1,165.50$1,165.503,9664.00%$184,895

Ed-UD-NonRes$1,202.25$7.14$1,209.392nd2,9101.00%$34,985

Engr-LD-NonRes$1,165.50$1,165.502nd21,2354.00%$989,976

Engr-UD-NonRes$1,202.25$42.14$1,244.392nd9,8081.00%$117,917

Music-LD-NonRes$1,165.50$1,165.508144.00%$37,949

Music-UD-NonRes$1,202.25$1,202.251,2161.00%$14,619

Nursing-LD-NonRes$1,165.50$1,165.501,0964.00%$51,096

Nursing-UD-NonRes$1,202.25$1,202.252nd2211.00%$2,657

Vet Med-LD-NonRes$1,165.50$1,165.505364.00%$24,988

Vet Med-UD-NonRes$1,202.25$1,202.25301.00%$361

Total Non-Resident46,1021.00%554,261

Total Undergraduate249,106$1,549,488

Graduate RateFee/CreditTotalBig Ten Rank# Credits% IncTotal Inc

Resident

Core- Res$646$646.0041,4651.00%$267,864

Ag/Nr- Res$646$646.006,6331.00%$42,849

Bus- Res$646$646.0015,7041.00%$101,448

Ed- Res$646$646.0028,2001.00%$182,172

Engr- Res$646$646.006,9421.00%$44,845

Human Med- Res$646$646.003,8281.00%$24,729

Music- Res$646$646.002,4631.00%$15,911

Nursing- Res$646$646.003,3681.00%$21,757

Osteo Med- Res$646$646.005971.00%$3,857

Vet Med- Res$646$646.008551.00%$5,523

Total Resident110,0551.00%$710,955

Non-Resident

Core- N/R$1,269$1,269.009,4961.00%$120,504

Ag/Nr- N/R$1,269$1,269.001,8511.00%$23,489

Bus- N/R$1,269$1,269.005,1431.00%$65,265

Ed- N/R$1,269$1,269.004,1801.00%$53,044

Engr- N/R$1,269$1,269.002,2751.00%$28,870

Human Med- N/R$1,269$1,269.001,0851.00%$13,769

Music- N/R$1,269$1,269.001,2171.00%$15,444

Nursing- N/R$1,269$1,269.002031.00%$2,576

Osteo Med- N/R$1,269$1,269.001,0341.00%$13,121

Vet Med- N/R$1,269$1,269.001,2031.00%$15,266

Total Non-Resident27,6871.00%$351,348

Total Graduate137,7421,062,303

Graduate Prof

Human Med- Res$927$927.2034,3142.00%$636,319

Human Med- N/R$1,860$1,860.407,5822.00%$282,111

Osteo Med- Res$927$927.2060,2462.00%$1,117,202

Osteo Med- N/R$1,860$1,860.407,3802.00%$274,595

Vet Med- Res$937$936.534th12,8654.00%$481,940

Vet Med- N/R$1,809$1,809.203rd4,9124.00%$355,472

2015-16 budget pro-forma indicated 4% appropriation and 4% tuition increase. Current Executive Recommendation limits appropriation increases to 2% and resident tuition to 2.8%. Modifications create approximately $10M revenue differenceExisting planning parameters include:2.8% Lower Division - UG - Resident-Core and Professional 2.8% Upper Division- UG- Resident-Core and Professional3.6% Lower Division - Non-Resident/International -Core and Professional3.6% Upper Division - Non-Resident/International - Core and Professional

4.0% Graduate - Resident & Non-Resident2.0% CHM/COM - Resident & Non-Resident4.0% CVM - Resident & Non-Resident

Fee Detail

Fee Distribution - Options Pro Forma

Health/Sci/Tech Fee

Fee RevenuePer UG UDPer Total UG

Health/Sci/Tech Fee$1,504,130$2.48$1.37Per Core UDPer Total Core

0.51%0.31%$4.29$2.58

0.87%0.59%

Business & Engineering Fee

Fee RevenuePer UG UD CreditFY15 Res UD RateRebased4.0% IncrementFY16

Engineering Fee$2,198,220$44.15$490.25$534.40$21.38$555.75

Business Fee - Current$1,310,500$16.19$490.25$506.44$20.26$526.75

Business Fee - Normalize with Engineering$44.15$490.25$534.40$21.38$555.75

Potential Additional Revenue$2,262,859

Engineering Fee -Grad$717,099$77.80$646.00$723.80$28.95$752.75

Business Fee - Normalize with Engineering$77.80$646.00$723.80$28.95$752.75

Potential Additional Revenue$1,621,897

MSU currently 4th in the Big Ten for resident MBA tuition and fee rates and 5th for non-resident, MSU non-resident would rank 4th with additional fee

International Fee

@$250 per AY@$500 per AY

UG-Entering (1200) $300,000$600,000

UG- Total (4400)$1,100,000$2,200,000

2.91.45

1.31.3

4.22.751.45

UniversityCollege

FY15FY15 feeFY16 Rate IncreaseFee IncreaseFee IncreaseFY16 Base RateFY16 Fee75% Fee Per CreitFY16 Full PCRemaining Fee

Engineering Domestic U/D$490.25$1,180$13.7359048$503.98$1,818.00$51.00$554.98$454.50Total FeeCredit Hour BasePer Credit

Engineering UG$2,198,22049785$44.1567.997565531887928.81099110$3,385,25967.997565531850.9981741488

Engineering Non-Resident UD$1,202.25$1,180$60.1159048$1,262.36$1,818.00$51.00$1,313.36$454.500

Engr Grad$717,0999217$77.80119.81228683.96358549.5$1,104,332119.81289.859

Engineering Domestic Grad$646.00$1,180$32.3059048$678.30$1,818.00$89.86$768.16$454.50

Business$1,310,50080932$16.1932.38521227724.2889092077

Engineering Non-Resident Grad$1,269.00$1,180$63.4559048$1,332.45$1,818.00$89.86$1,422.31$454.50

Business Domestic UD$490.25$400$13.73$400$0$503.98$800.00$24.29$528.27$200.00

Business Non-Resident UD$1,202.25$400$60.11$400$0$1,262.36$800.00$24.29$1,286.65$200.0044.15

22.075

1.766

67.991

Per College UD50.99325

Business$1,310,500$16.19$80,945.03

3.30%

Engineering-UG$2,198,220$44.15$49,789.81

9.01%

Engineering-Grad$717,099$77.80$9,217.00

12%

Res UDNR UD

UG$14,708$36,068

Business$15,108$36,468

Engr$15,888$37,248

ENGR BUS fee final

Engineering and Business

2015-16 Tuition Rate

Detail Reconciliation

Planning Parameters

Base Rate InformationPlanned FY16 IncreasesFY16 Rates (current structure)

FY15 TotalFY16 Per CreditFY16 Base

FY15FY15 Fee (30 Credits) IncreaseFee IncreasePer CreditFY16 Fee

Engineering Domestic U/D$490.25$1,180$15,887.50$24.51$59$514.76$1,239.0041.328.8864432$1.08$0.0755$0.0475

Engineering Non-Resident UD$1,202.25$1,180$37,247.50$60.11$59$1,262.36$1,239.00$1.066.05%3.25%

Engineering Domestic Grad$646.00$1,180$12,808.00$32.30$59$678.30$1,239.0068.8333333333309.75$1.1615.67%11.67%

Engineering Non-Resident Grad$1,269.00$1,180$24,022.00$63.45$59$1,332.45$1,239.00$1.1010.42%6.42%

Business Domestic UD$490.25$400$15,107.50$24.51$20$514.76$420.00$1.077.16%4.36%

Business Non-Resident UD$1,202.25$400$36,467.50$60.11$20$1,262.36$420.001410.5$1.065.88%3.08%

420.000210

1239.0000619.5

Adjust Rate StructureFY16 Rates (New Structure)

Adjust Fee to Per CreditFinal FY16FY16 Total

StructureFY16 Per CreditRemaining Fee(30 Credits) % Change

Engineering Domestic U/D$12.50$527.25$864.00$16,681.585.0%4320

$0.00

Engineering Non-Resident UD$12.50$1,275.00$864.00$39,114.085.0%1818119.841793012560.6

1363.589.881344759445.45$109.08

Engineering Domestic Grad$68.83$747.25$0.00$13,450.565.0%454.529.960448253115.15

$119.84

Engineering Non-Resident Grad$68.83$1,401.25$0.00$25,222.565.0%

Business Domestic UD$10.60$525.34$105.00$15,865.285.0%

Business Non-Resident UD$10.60$1,272.97$105.00$38,294.185.0%

$ 5,954,182.0013576.48-$125.92-8.3947066667-77375.7809249365

194106.333225463.32

Total FeeCredit Hour BasePer Credit

Engineering UG$2,198,22049785$44.1567.997565531887928.80$2,286,14945.920433865634.4403253992

0

Engr Grad$717,099921781.69$77.80119.81228683.960$745,78380.91260.684

$417.54

Business$1,310,50080932$16.19$16.1912.144454603913.333333333310

44.15

Resident UD - Engr15887.517104.57.66%

Resident UD - Bus15107.516047.56.22%




FY15FY16

Per CreditCreditsTotalPer CreditCreditsTotal% Change

Engineering

ResidentUpper Division

Per Credit$490.2530$14,707.50$527.2530$15,817.507.5%

Fee$1,180.00$864.00-26.8%

Total $15,887.50$16,681.505.0%

ResidentGraduate

Per Credit$646.0018$11,628.00$747.2518$13,450.5015.7%

Fee$1,180.00$0.00-100.0%

Total $12,808.00$13,450.505.0%

Non-ResidentUpper Division

Per Credit$1,202.2530$36,067.50$1,275.0030$38,250.006.1%

Fee$1,180.00$864.00-26.8%

Total $37,247.50$39,114.005.0%

Non-ResidentGraduate

Per Credit$1,269.0018$22,842.00$1,401.2518$25,222.5010.4%

Fee$1,180.00$0.00-100.0%

Total $24,022.00$25,222.505.0%

Business


Per Credit$490.2530$14,707.50$530.2530$15,907.508.2%

Fee$400.00$106.00-73.5%

Total $15,107.50$16,013.506.0%


Per Credit$1,202.2530$36,067.50$1,285.0030$38,550.006.9%

Fee$400.00$106.00-73.5%

Total $36,467.50$38,656.006.0%




FY15FY16

Per CreditCreditsTotalPer CreditCreditsTotal% Change

Engineering


Per Credit$490.2530$14,707.50$514.7530$15,442.585.0%

Fee$1,180.00$1,239.005.0%

Total $15,887.50$16,681.585.0%

ResidentGraduate

Per Credit$646.0018$11,628.00$747.2518$13,450.5015.7%

Fee$1,180.00$0.00-100.0%

Total $12,808.00$13,450.505.0%


Per Credit$1,202.2530$36,067.50$1,262.3630$37,870.885.0%

Fee$1,180.00$1,239.005.0%

Total $37,247.50$39,109.885.0%

Non-ResidentGraduate

Per Credit$1,269.0018$22,842.00$1,401.2518$25,222.5010.4%

Fee$1,180.00$0.00-100.0%

Total $24,022.00$25,222.505.0%

Business


Per Credit$490.2530$14,707.50$519.7530$15,592.356.0%

Fee$400.00$424.006.0%

Total $15,107.50$16,016.356.0%


Per Credit$1,202.2530$36,067.50$1,274.5030$38,234.856.0%

Fee$400.00$424.006.0%

Total $36,467.50$38,658.856.0%

FY15FY16

Per CreditCreditsTotalPer CreditCreditsTotal% Change$ Change

CorePer Credit$440.0030$13,200.00$452.0030$13,560.002.7%

Lower DivisionFee

Total $13,200.00$13,560.002.7%$360.00

Core Per Credit$490.2530$14,707.50$503.5030$15,105.002.7%

Upper DivisionFee

Total $14,707.50$15,105.002.7%$397.50

EngineeringPer Credit$490.2530$14,707.50$514.7530$15,442.505.0%

Upper DivisionFee$1,180.00$1,239.005.0%

Total $15,887.50$16,681.505.0%$794.00

BusinessPer Credit$490.2530$14,707.50$514.7530$15,442.505.0%

Upper DivisionFee$400.00$420.005.0%

Total $15,107.50$15,862.505.0%$755.00

Budget OptionsL

List of Budget Options

Budget Planning One Percent Variables

Current Budget Shortfall($10.00)

RevenueExpenditures

Augment Business - UG$2.20

State Appropriations$2.68Financial Aid $1.27

Reduce Ops to 3%$1.10

Tuition Salaries

Reduce Model Margin$2.00Resident UG$4.00Faculty Salary

Eliminate College Ac Comp Raise$1.50Non-Resident UG$3.33Academic Staff

Tuition Cap - 3.2%$1.60Other$1.67Non-Academic

Non-Res to 4.0%$0.30Total$9.00GA's

Add funds budgeted in prior$2.5Other Revenue$0.96Total$0.00

Health Care$0.81

Total Options$11.20

Other Benefits $1.05

Utilities $0.61

Central University Items$1.10

SS&E$1.24

Total Revenue$12.64Total Expenses$6.08

Tuition Model Rec

2014-15 SCH2015-16 SCH

Increased at 15-16 RatesIncreased at 15-16 RatesDifferenceSCH Diff# Students

Resident UG$415,385,729$399,049,082.95-$16,336,646.05-26,334-940.5

Resident G$150,845,073$146,045,467.13-$4,799,605.87-1,905-212

Total$566,230,802$545,094,550.07-$21,136,251.93-28,239

Non-Resident UG$292,514,507$336,946,374.13$44,431,866.9141,9901500

Non-Resident G$59,587,814$66,862,205.42$7,274,391.10-4,416-158

$352,102,322$403,808,579.55$51,706,258.0137,574

Fees

Business$1,388,600$1,388,600.00$0.00

Engr$3,313,633$3,313,633.00$0.00

Total$923,035,357$953,605,363$30,570,006

Less: Budg$886,000,000-$886,000,000-$1,772,000,000.00

Student health fee-$8,600,000

Margin$37,035,357$59,005,363$21,970,006

Less:

Reserved Margin -$40,000,000-$40,000,000$0

Allocated fees-$4,702,233-$4,702,233$0

RBI Inc-$5,000,000-$8,000,000$3,000,000

Remaining Revenue-$12,666,876$6,303,130$18,970,006

1st Year

LN4,000.0LN


22016-172017-182016-172017-182


4Page 1- Line 23-25, 28, 29 Page 1- Line 23-25, 28, 294

5

6 Tuition and Fees947.9947.9 LD CoreUD CoreLD ProfUD Prof5

7Undergrad24.8Page 2-Line 30-35 Undergrad -Res4.0%4.0%4.0%4.0%6

8Grad8.5Undergrad - Non Res4.0%4.0%4.0%4.0%

9New NR Student Enr0.0Undergrad - Int4.0%4.0%4.0%4.0%

10Total981.3Salaries689.7712.4Grad4.0%7

11Page 3- All Salary IncreasesPage 1- Line 29, 25-468

12Page 1- Line 29, 25-46Health Insurance84.889.0Other Revenue - ICR3.0%9

13Page 3-Line 210

14 Other Revenue93.295.2Other Benefits109.1112.4Ranked Faculty2.5%11


16Utilities59.559.5Competitive Talent0.5%13

17GA's2.0%

18Page 2- Line 37-40Coalition-Trailing Cohort (APSA, APA)1.5%14

19Page 1- Line 29,30New Space0.00.5Coalition-Leading Cohort (Labor groups, CTU)2.0%15

20 Page 2- Line 37-40Student Labor4.0%16

21Page 1- Line 33Supplies/Services132.9135.217

22Funds Budgeted in prior year0.00.0Page 4- Line 1-4 18

23Central University Items102.8105.9Page 3- All Salary Increases19

24Financial Aid4.5%

25Page 2-Line 30-3521

26Framework10.0Health-Faculty & Academic Staff5.0%22


28Page 4- Line 10-11Other Benefits-Faculty & Academic Staff3.0%24


30RCAH (Framework)0.0RCAH (Framework)0.0 4.0%26


32JIT 28

33Page 1-Line 32,33Critical Space0.0Utilities 0.0%29

34Spec Space 30

35FIS/HR (Year 5 of 5)0.031

36Page 4- Line 7, 832


38Page 1- Line 3334


40Page 4- Line 30-38Central University Items3.0%36

41Base Budget Reduction**(6.0)Supplies/Services2.0%37

4238

43

44Page 4- Line 1-439

45Base Budget Reduction(1.00%)40

46 Total1,317.01,363.4Total1,317.01,363.541

47 42


49 Budget Change3.5%44

50

-10


1% Values




Acad Staff0.800.144.641.43

GA's0.421.30



Acad Staff42.40

GA's20.94

AP/APSA1.230.22


Student labor0.22


CTU33.05



Tuition Waiver12.57

GAHealth2.98



Reduction4.0


6.07

&"Tahoma,Bold"&14MSU Budget Model2017-18BOT Proposal

Budg Chart

Operating Expenses2013-142014-152016-172017-182018-192019-202020-212021-221263.83730249169891317.00826599999981395.50063562433161436.24157207034231482.7590497117481527.73239616846651571.21539035194471619.26395811594671669.9362628134784Framework2013-142014-152016-172017-182018-192019-202020-212021-2200152023.326.326.326.326.3Total Revenue2015-162016-172018-192019-202020-212021-222022-232023-242024-241264.27050668362591317.07302137487591403.10220234105671444.07501697480671486.33130429489961529.92092307840651577.88115679316021627.36998330215761679.44549047676952% Appropriation Increase2015-162016-172018-192019-202020-212021-222022-232023-242024-241247.11518067662561287.13133257789511370.88786666776061414.7226854490351459.92788837060991506.55538991887261554.6591170314051604.29508812914581655.16017920215244% Appropriation Increase2015-162016-172018-192019-202020-212021-222022-232023-242024-241247.11518067662561292.52568417789511388.05700894024061438.3031224851471490.29056254235391544.08837110475771599.7683335129421657.40508763912521716.7149213490957

2nd Year

LN4,000.0LN


22017-182018-192017-182018-192



5 LD CoreUD CoreLD ProfUD Prof5

6Page 2-Line 30-35 Undergrad -Res4.0%4.0%4.0%4.0%6

Undergrad - Non Res4.0%4.0%4.0%4.0%

Undergrad - Int4.0%4.0%4.0%4.0%

Grad4.0%

7 Tuition and Fees981.3981.3Salaries712.4726.77


9Grad8.6Health Insurance 89.092.9Other Revenue - ICR3.0%9


11Total1,016.2Other Benefits112.4115.0Ranked Faculty2.5%11



GA's2.0%

14 Other Revenue95.297.2Page 2- Line 37-40Coalition-Trailing Cohort2.0%14

15Page 1- Line 29,30New Space0.50.5Coalition-Leading Cohort2.0%15

16 Page 2- Line 37-40Student Labor4.0%16

17Page 1- Line 33Supplies/Services135.2137.917

18Page 4- Line 1-4 18


20Year 1 Framework 0.0Financial Aid4.5%

21Page 2-Line 30-3521

22 Funds budgeted in prior year0.00.0New Framework10.05.0Health-Faculty & Academic Staff5.0%22

23or equivalent reductions Health-Coalition5.0%23

24Page 4- Line 10-11Base Budget Reduction(6.0)0.0Other Benefits-Faculty & Academic Staff3.0%24


26RCAH (Framework)0.0Framework0.0 26


28JIT 28

29Page 1-Line 32,33Critical Space0.0Utilities4.0%29

3030

3131

32Page 4- Line 7, 8 32

33 Res Fac Passthrough0.0Res Fac Passthrough0.00.033

34Page 1- Line 3334

35 Revenue-Based Initiatives0.0Revenue-Based Initiatives0.00.035


37Multiyear Institutional Reserve0.00.0Supplies/Services2.0%37

3838

39 Page 4- Line 1-439

40Base Budget Reduction0.00.0Base Budget Reduction0.00%40

41 Total1,363.41,403.1Total1,363.41,400.541

42 42


44 Budget Change before RBI, Res Fac, 2.7%44

44Budget Change before RBI, Res Fac, ERROR:#VALUE!

and Enrollment Growth

-10


1% Values




Acad Staff0.800.144.641.43

GA's0.421.30



Acad Staff42.40

GA's20.94

AP/APSA1.650.29


Student labor0.22


CTU33.05



Tuition Waiver12.57

GAHealth2.98



Reduction4.0


6.07

&"Tahoma,Bold"&14MSU Budget Model2018-19Preliminary

Sheet8

20062007200820092010Av Annual

Total Federal Sources$186,421,765.00$185,417,410.00$174,434,391.00$178,686,325.00$225,037,725.00

-0.54%-5.92%2.44%25.94%4.82%

Total Non-Fed$123,012,764.00$123,719,969.00$144,328,722.00$146,945,191.00$127,052,950.00

0.57%16.66%1.81%-13.54%0.81%

2010-112011-122012-132013-142014-152015-162016-172017-182018-192019-202020-212021-222022-232023-242024-24

Expenditures with FW$1,018.4$1,050.3$1,106.3$1,150.2$1,207.4$1,263.8$1,317.0$1,352.8$1,395.5$1,436.2$1,482.8$1,527.7$1,571.2$1,619.3$1,669.9

Operating Expenditures3.91%

Revenue$1,018.5$1,050.3ERROR:#REF!$1,150.3$1,207.4$1,264.3$1,317.1$1,363.4$1,403.1$1,444.1$1,486.3$1,529.9$1,577.9$1,627.4$1,679.4

C1106.3$1,150.3$1,207.4$1,247.1$1,287.1$1,328.4$1,370.9$1,414.7$1,459.9$1,506.6$1,554.7$1,604.3$1,655.2

$1,150.3$1,207.4$1,247.1$1,292.5$1,339.5$1,388.1$1,438.3$1,490.3$1,544.11599.76833351291657.40508763911716.7149213491

Revenue$1,018.4ERROR:#REF!ERROR:#REF!ERROR:#REF!$1,207.4$1,264.3$1,317.1$1,363.4$1,403.1$1,444.1$1,486.3$1,529.9

ERROR:#REF!

Operating Expenditures

Brent Johnston: Brent Johnston:$1,018.4$1,050.6$1,106.3$1,150.2$1,207.4$1,263.8$1,317.0$1,352.8$1,395.5$1,436.2$1,482.8$1,527.7

framework$0.00000.00.010.015.020.023.326.326.326.326.3

Crit/AdvancementEBSPEBSP

00

Expenditures with Framework2010-112011-122012-132013-142014-152015-162016-172017-182018-192019-201018.40351050.28676301791641106.28787737935021150.2120251207.44554220832991263.83730249169891317.00826599999981352.76177584887051395.50063562433161436.2415720703423Operating ExpendituresRevenues1018.50000000000011050.301150.31207.4059480865611264.27050668362591317.07302137487591363.36489387899311403.10220234105671444.0750169748067

Summary & Other Variables

Long Term Budget Model4000

ActualProjected---->

(Dollars in millions)2007-082008-092009-102010-112011-122012-132012-132013-142015-162015-162016-172017-182018-192019-202020-212021-222022-232023-242024-252025-26

Beginning Budget $819.8$876.0$940.8ERROR:#REF!$1,018.5ERROR:#REF!Base BudgetERROR:#REF!Base Budget$1,263.8$1,264.3$1,317.0$1,363.4$1,403.1$1,444.1$1,486.3$1,529.9$1,577.9$1,627.4$1,679.42%

Expenditure Variables3%

Financial Aid9.6%7.5%17.0%13.0%10.0%5.5%$110.204.5%$127.04.5%4.5%4.5%4.5%4.5%4.5%4.5%4.5%4.5%4.5%4.5%4%

Faculty & Academic Staff Salary 4.0%3.5%1.5%0.0%2.0%2.0%$326.302.3%$377.72.5%2.5%2.5%2.5%2.0%2.0%2.0%2.0%2.0%2.0%2.0%5%

Faculty Markets1.0%1.0%0.5%1.0%0.5%1.0%n.a.0.5%0.5%1.0%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%10%

Faculty Health5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%

GA's2.0%3.0%2.8%2.5%3.0%3.0%$40.203.5%$44.32.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%0.09%7%

Support Staff Salary3.0%NA2.0%0.0%1.0%2.0%$201.002.0%$227.82.5%2.0%1.5%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%9%

AP/APSA1.3%2.8%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

CTU2.8%2.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

Regular Labor2.8%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

Coalition Health5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%

3.04%

Student Labor3.0%3.0%2.8%2.5%2.0%4.0%$6.804.0%$8.64.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Health Care-Faculty & A.S.6.3%5.0%-5.0%5.0%5.0%$31.171.5%$35.95.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%

Health Care- Support Staff6.3%5.0%-5.0%5.0%5.0%$42.531.5%$44.95.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%5.0%

Other Benefits-Faculty & A.S.3.0%3.0%3.0%3.0%3.0%3.0%$41.223.0%$42.03.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

Other Benefits-Support Staff3.0%3.0%3.0%3.0%3.0%$54.643.0%$63.03.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

Utilities7.0%17.6%10.8%10.8%5.0%4.0%$53.104.0%$61.92.2%-5.5%0.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

New Space$0.8$0.2$0.8$0.5$0.9$0.5n.a.$0.5$0.8$1.0$0.8$0.8$0.8$0.8$0.8$0.8$0.8$0.8$0.8

Supplies/Services2.5%2.0%1.5%2.0%2.0%2.0%$102.802.0%$123.72.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%

Central University Items8.2%3.0%4.0%4.0%4.0%4.0%$96.304.0%$106.93.0%3.0%3.0%3.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Financial Framework Total$0.0$0.0$7.2$2.0$4.7n.a.$3.7$7.8$0.0$0.0$10.0$5.0$5.0$3.3$3.0$0.0$0.0$0.0$0.0

Other

Base Budget Reduction-4.0%-6.0%-0.5%0.0%$0.000.0%$0.00.0%0.0%-1.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%42.344.8

Gross Expenditures$876.0$940.8$982.2$1,036.3$1,043.51084.22241271751124.2707575704$1,164.4$1,203.7$1,241.0$1,280.1$1,320.7

% Change7.4%4.4%5.5%0.7%0.03898267760.03693738883.6%3.4%3.1%3.1%3.2%

Ending Budget$876.0$940.8$982.2$1,000.0$1,050.6$1,106.3$1,106.3$1,150.2$1,263.8$1,263.8$1,317.0$1,362.8$1,410.5$1,456.2$1,506.1$1,554.0$1,597.5$1,645.6$1,696.2$1,747.6

Budget Change7.4%4.4%1.8%5.1%4.0%0.0%4.2%3.5%3.5%3.2%3.4%3.2%2.8%3.0%3.1%3.0%$53.2

0.120.150.160.200.220.22602739730.23$0.00.240.250.250.250.25

ActualProjected---->37000

2015-162015-162016-172017-182018-192019-202020-212021-222022-232023-242024-252025-26

Beginning BudgetBase Budget$1,263.8$1,264.3$1,317.0$1,363.4$1,403.1$1,444.1$1,486.3$1,529.9$1,577.9$1,627.4$1,679.4

Appropriation (HEPI 5 Yr. Ave. 3.9%)-1.8%0.0%-3.1%-0.4%-15.0%1.4%$244.501.8%$268.31.5%2.6%4.0%1.0%1.0%1.0%1.0%2.0%2.0%2.0%2.0%

Stimulus Money$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.00$2.00$2.00$2.00

Tuition-Resident UG-Lower3.5%$171.541.9%

Tuition-Resident UG-Upper9.6%8.1%5.2%2.5%6.9%3.5%$209.663.6%

Tuition-UG Domestic NR9.6%8.1%5.2%5.0%7.0%4.6%$100.403.6%

Tuition-International NR9.6%8.1%5.2%5.0%7.0%5.4%$100.104.0%

Core - Lower Division UG - Res9.6%8.1%5.2%5.0%7.0%$109.62.7%3.7%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Core - Upper Division UG - Res$151.12.7%3.9%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Core - Lower Division UG - Non-Res$19.64.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Core - Upper Division UG - Non-Res$25.14.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Core - Lower Division UG - Int$20.74.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Core - Upper Division UG - Int$20.74.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Professional - Lower Division UG - Res$99.82.7%3.7%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Professional - Upper Division UG - Res$104.32.7%3.9%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Professional - Lower Division UG - Non-Res$21.84.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Professional - Upper Division UG - Non-Res$15.34.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Professional - Lower Division UG - Int$64.34.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Professional - Upper Division UG - Int$29.44.0%4.2%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%3337

Tuition-Graduate 9.6%8.1%5.2%5.0%7.0%5.0%$190.104.0%$217.84.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%4.0%

Tuition-Resident UG Proportion62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%62.8%

Tuition-Resident GR Proportion18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%18.3%

NR Entering Class12.3%14.7%15.5%19.6%21.9%22.6%23.3%24.0%24.7%25.0%25.0%25.0%25.0%25.0%25.0%0.0%0.0%0.0%

Tuition-NonRes UG Proportion14.1%14.7%14.7%16.0%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%14.1%

Tuition-NonRes GR Proportion4.8%4.2%4.2%2.9%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%4.8%

Non-resident enrollment- Assumed 25%

IDC and Other Income1.4%3.0%3.0%3.0%3.0%3.0%$60.663.0%$66.63.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

Other Rev-App Fees & Depart Rec1.4%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%

Investment Income1.4%3.0%0.0%-15.0%-8.9%9.4%$29.290.0%$29.30.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%8.5

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