MU Budget

http://mubudget.missouri.edu/

Funding SourcesFiscal Year 2014

Operating Fund

Targeted Tuition & Student Fees

Federal Appropriations

Targeted State Appropriations

Grants & Contracts

Gifts, Endowment & Investment Income

Enterprise Operations

Total Revenue

$572M

100M

17M

36M

193M

71M

1,154M

$2,144M

26.7%

4.7%

0.8%

1.7%

9.0%

3.3%

53.8%

100%

“Enterprise” Operations

Hospitals & ClinicsUniversity PhysiciansUniversity StoresAthleticsResidential LifeCampus DiningResearch ReactorAgricultureParkingKOMU Office of Research/Patent & Royalty Other

$701M 165M

56M52M45M29M13M11M8M7M3M

65M

$1,154M

60.7%14.3%

4.9%4.5%3.9%2.5%1.1%1.0%0.7%0.6%0.2%5.6%

100%

General Operating SourcesTotal: $572M

Operating Fund

• State Appropriations$182M

• Tuition $353M

• Indirect Cost $37M

27%

70%

3 %

Change in General Operating Funding Sources

19901995

20002005

2014

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

62%

32%

6%

INDIRECT COST

TUITION

STATE SUPPORT

What’s Wrong With This Picture?FY 2001 – FY 2014

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014-20%

-10%

0%

10%

20%

30%

40%

50%

60%

Head Count State Appropriations FY Based CPI

Head Count

CPI

State Appropriations

State Support to Higher EducationFY 2013 National Comparison*

Appropriation per Capita Ranking

*Information obtained from the Grapevine Report published by Illinois State University

44

7

17

199

30

15

13

20

Tuition & Fee Comparison2013 – 2014

Institution

AAU PublicAAU Public & PrivateSEC Big TenBig XII

University of Missouri-Columbia

Average

$11,383 $25,385 $11,296 $14,565

$13,895

$9,415

Lowest

$6,263 $6,263 $6,263 $8,061 $6,456

Highest

$17,100 $49,138 $42,978 $45,527 $36,590

Combined Tuition & Fees

Source: U.S. News Best Colleges 2012

FY2013 State Appropriations for Higher EdPer Capita

Arkansas Illinois Iowa Kansas Kentucky Missouri Nebraska Oklahoma Tennessee US Average$0

$50

$100

$150

$200

$250

$300

$350

$400

$307.38

$277.02

$256.14$263.08 $269.15

$154.64

$355.46

$257.17

$225.39 $229.72

Bordering States

*Information obtained from the Grapevine Report published by Illinois State University

Strategic Operating Plan

• Five year plan 2014 to 2018

• Drives how new state funds will be allocated

• Identifies our priorities as a campus

• All resource decisions will be related to the plan

Strategic Operating Plan (cont.)

Strategy Statement:

MU’s mission as a public, land-grant university is to discover and disseminate knowledge. Building on its unique interdisciplinary research and teaching strengths, exemplified by Mizzou Advantage, MU will, by 2018, enhance its academic stature as measured by publicly available metrics, including those of the Association of American Universities (AAU).

Strategic Operating Plan (cont.)

1. Strengthen interdisciplinary and experiential learning for Mizzou’s undergraduate, graduate, and professional students

2. Recruit, develop, and retain faculty and staff in order to promote MU’s strategic goals

3. Grow MU’s high-impact research and creative activity by enhancing campus infrastructure and other resources

4. Ensure that MU’s revenue model allows for strategic investments and leverages MU’s strengths to drive state and regional economic development

MUSOP – 5 year Expenditures

36,191,835

162,291,656

64,234,146

38,094,000

Theme 1

Theme 2

Theme 3

Theme 4

MUSOP – 5 year Revenues

Private Sources; $4,000,000 New State funds for Strategic Invest-

ment; $34,960,000

Budget Realloca-tion; $183,654,273

Student Fees; $78,197,362

MU Budget

http://mubudget.missouri.edu/