University of South Carolina

FY2007-2008 BudgetBoard of TrusteesBoard of Trustees

June 28, 2007June 28, 2007

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The University of South Carolina budget presented today is pending final action on the Appropriations bill for the 2007-2008 fiscal year.

The state funds information contained in the preliminary document reflect the final Conference Committee budget and are subject to subsequent action by the Governor.

Tuition and Fees

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Estimated Resident Undergraduate Cost per Semester

Academic Years 2006-07 to 2007-08Academic Academic

Year Dollar Year2006-07 Change 2007-08

I. Total Resident Undergraduate Tuition

-Educational & General 3,038.00 232.00 3,270.00

-Bond & Renovation Revenue 275.00 - 275.00

-Transportation Fee 0.00 10.00 10.00

-Wellness Center 105.00 - 105.00

-Student Activities 68.00 2.00 70.00

-Student Health Center 146.00 5.00 151.00

-Computer Fee 40.00 - 40.00-Athletics Activity 32.00 20.00 52.00

Total Resident Undergraduate Tuition 3,704.00 269.00 3,973.00II. Technology Fee 200.00 0.00 200.00

Total Required Tuition and Fees 3,904.00 269.00 4,173.00

Average University Housing Cost (1)1,640.00 85.00 1,725.00

10 Meal Plan (2)968.00 55.00 1,023.00

Average Book Cost (3)419.00 31.00 450.00

(1) Based on weighted average costs of traditional style housing for FY07 and FY08.(2) Provided by Food Services.(3) Estimate by the USC Financial Aid Office.

Other Student Costs:

Required Tuition and Fees:

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Transportation Fee0.25%

Student Health3.80%

Wellness Center2.64%

Computer Fee1.01%Athletics

1.31%

Bond & Renovation Revenue

6.92%

Student Activities1.76%

Educational & General82.31%

Allocation of Undergraduate Resident TuitionMandated Fee Distribution

2007-08 Proposed

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Required Tuition & Fees per Semester for Full-time Students

Current 2006-07 to Proposed 2007-08

Columbia

Undergraduate - Resident 3,904 4,173 269 - Non-Resident 10,118 10,816 698 - Non-Resident General University Scholarship 3,904 4,173 269

- Non-Resident Departmental Scholarship 5,690 6,082 392 - Non-Resident Athletic Scholarship 8,134 8,162 28

Graduate - Resident 4,344 4,644 300 - Non-Resident 9,158 9,790 632Law - Resident 7,992 8,382 390 - Non-Resident 15,938 16,725 787 - Non-Resident Scholarship 8,826 9,257 431

Medical School

Resident 10,248 11,272 1,024Non-Resident 29,634 29,930 296Non-Resident Scholarship 13,863 14,090 227

DOLLAR CHANGE

Campus CURRENT 2006-07

PROPOSED 2007-08

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Senior & Regional CampusesRequired Tuition & Fees per Semester for Full-time Students

Current 2006-07 to Proposed 2007-08

USC Aiken

Resident 3,335 3,503 168

Non-Resident 6,625 6,961 336

USC Beaufort

Resident 2,862 3,125 263

Non-Resident 6,378 6,956 578

USC Upstate

Resident 3,609 3,880 271Non-Resident 7,328 7,876 548

Regional Campuses - under 75 credit hours

Resident 2,326 2,434 108Non-Resident 5,614 5,890 276

Regional Campuses - 75 or more credit hours

Resident 0 3,533 NEWNon-Resident 0 6,991 NEW

DOLLAR CHANGE

Campus CURRENT 2006-07

PROPOSED 2007-08

Fee Distribution Changes

from FY2007 to FY2008

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Columbia Campus

Transportation Fee - NEW FEE - FT - $10 per semester, PT - $1.50 per credit hour To cover increased cost of operating shuttle bus service across campus

Student Activities - FT increase of $2 from $68 to $70 per semester to cover SGTV - supported by Student Government; PT - $.50 per credit hour

Student Health Center - FT increase of $5 from $146 to $151 per semester as third year of three year approved budget from FY2006Beginning with FY2009 budget development, request will be annual

Athletics - FT increase of $20 from $32 to $52 per semester to cover increased costs for supporting gender equity

Summary of Distribution Changes

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Summary of Distribution ChangesAiken Campus

Student Health – FT increase to $32 per semester to cover inflationary increases and to provide additional 10 hours per week of health services to students; no PT increaseAthletic Activities – FT increase to $190 per semester; PT increase to $17 per credit hour to cover increased cost of Athletic Scholarships in proportion to tuition and fee increases on campusAcademic Support Services - Remove current BMF; academic support services fee will be eliminated; all of these services will be continued within the E&G budget

Beaufort CampusCampus Activities - FT increase to $82 per semester; PT to $9 per credit hour to add intramural and recreational activities for student lifeAthletic Activity -NEW FT rate at $50 per semester; NEW PT rate at $4 per credit hour; to establish athletic activities

Upstate CampusAthletic Activities – FT increase to $442 per semester; PT increase to $37 per credit hour to remove reliance of "A" funds for athletic activities, including salaries; year 2 of 2 phase-in

Lancaster CampusRenovation Reserve - FT increase of $50 per semester to $75; NEW PT $2 per credit hour to cover campus deferred maintenanceAthletic Activities - NEW FT $10 per semester; NEW PT $1 per credit hour to begin athletics program

Salkehatchie CampusCampus Activities - FT increase to $20 per semester; PT increase to $8 per credit hour for additional funding for increased activities and increased enrollmentsAthletic Activities - FT increase athletics fee to $20 per semester; PT to $6.50 per semester to cover athletics programs

Sumter CampusRenovation Reserve - FT increase to $33 per semester; PT increase $2.75 per credit hour for additional funding for facilities projects

Union CampusNo changes proposed

Columbia Campus Budget

FY2008

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USC Columbia – General “A” FundsSummary of Budgetary Changes (FY2007 to

FY2008)

Sources of Funds for Allocation

State AppropriationsNEW - RECURRING - Faculty Excellence Initiative 4,800,000 NEW - RECURRING - Estimated Pay Package, Health Insurance and Retirement 6,094,399 NEW - RECURRING - Below-the-Line Initiatives¹ 2,200,000

NEW - NON-RECURRING - Below-the-Line Initiatives 3,559,375

Student Tuition and FeesStudent Tuition Increase FY 2008 12,075,000

General FundGeneral Fund Unallocated Balance - non-recurring 5,500,000

Funds Available for FY 2008 Allocation 34,228,774

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USC Columbia – General “A” FundsSummary of Budgetary Changes (FY2007 to

FY2008)

Allocation of Funds

State AppropriationsAcademic Programs and Services 4,800,000

State Portion of "A" Fund Pay Package, Health Insurance and Retirement 6,094,399

NEW - Below-the-Line Initiatives 5,759,375

Student Tuition IncreaseAcademic Programs and Services 845,740

Academic Support and Student Affairs Programs 1,345,728

General Institutional Costs and Central Operations 3,360,048

USC Share of "A" Fund Pay Package, Health Insurance and Retirement 5,073,484

Mandated Fee Distributions 1,450,000

General FundNon-recurring from General Fund 1,506,192

FY 2008 Allocation of Funds 30,234,966

Net General Fund Unallocated Carryforward Balance 3,993,808

¹New recurring Below-the-Line items include funding for Palmetto Poison Control, SBDC, & Technology Incubator that were non-recurring in FY07.

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USC Columbia Campus – FY 2008New and Continuing Recurring Funding

Recommendations

Dean's Recruitment 500,000University Libraries 345,740

Total Academic Programs and Services 845,740

Scholarship 4% Fee Waiver Increase - In-State Undergraduate 403,792Student Success Center 94,493Accessibility/Success for Students with Disabilities 145,237Multicultural Student Affairs 124,888Study Abroad/ Campus Internationalization Program 332,510Fellowships and Scholarships 98,106Judicial Programs and Academic Integrity 146,702

Total Academic Support and Student Affairs Programs 1,345,728

Academic Programs and Services

Academic Support and Student Affairs Programs

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USC Columbia Campus – FY 2008New and Continuing Recurring Funding

Recommendations

Utility Increases 965,550Insurance Increase 211,421Law Enforcement and Safety - Safety Enhancements 456,443Law Enforcement and Safety - Emergency Preparation Manager 101,901Facilities - Salary Allocation Plan - Year Two 500,000Facilities - Operation and Maintenance of Public Health Building 482,938Facilities - Thomas Cooper Library - Expansion of Hours 95,470Environmental Health and Safety - Compliance Officer 65,250Environmental Health and Safety - Biosafety Program 49,163Advancement - Web Presence Office 179,354Board of Trustees - Internal Audit and Commencement Ceremony 65,333Office of Human Resources - International Support for Faculty/Staff 37,225Legal Office 150,000

Total General Institutional Costs and Central Operations 3,360,048

General Institutional Costs and Central Operations

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USC Columbia Campus – FY 2008New and Continuing Recurring Funding

Recommendations

University Share of State 3% Salary Increase 1,834,037University Share of Fringe Benefit Cost on 3% Salary Increase 530,894University Share of Retirement and Health Insurance Increases 2,708,553

Total USC Share of Pay Package, Health Insurance and Retirement 5,073,484

Student Health Center 200,000 Student Activities 110,000 Athletics - Student Activity 740,000 Transportation Fee 400,000

Total Mandated Fee Distributions 1,450,000

Mandated Fee Distributions

Pay Package, Health Insurance and Retirement

17

USC Columbia Campus – FY 2008New and Continuing Non-Recurring Funding

Recommendations

Accessibility/Success for Students with Disabilities 34,139Multicultural Student Affairs 10,000Study Abroad/ Campus Internationalization Program 40,000Fellowships and Scholarships 12,000Judicial Programs and Academic Integrity 20,000

Total Academic Support and Student Affairs Programs 116,139

Utilities - Franchise Fee 193,053Business & Finance - Computers and Minor Building Repair 48,000Law Enforcement and Safety - Safety Enhancements 1,000,000Law Enforcement and Safety - Emergency Preparation Manager 77,000Facilities - Operation and Maintenance of Public Health Building 12,000Environmental Health and Safety - Compliance Officer 10,000Environmental Health and Safety - Fire Suppression Equipment 40,000Board of Trustees - December 2007 Bicentennial Commencement 10,000

Total General Institutional Costs and Central Operations 1,390,053

General Institutional Costs and Central Operations

Academic Support and Student Affairs Programs

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Source of “A” Funds

I State Appropriated Funds 154,506,679

143,612,280

6,094,399

4,800,000

II Special Below-the-Line Appropriations 10,260,242 Nanotechnology 1,000,000

Hydrogen Fuel Cell Research 1,000,000

Institute for Public Service and Policy Research 716,454

Small Business Development Center 686,534

Freshwater Initiative 500,000

Law Library 344,074

African-American Professors Program 178,805

School of Public Health - Epilepsy 75,000

NEW - Palmetto Poison Control Center (RECURRING) 250,000

NEW - Small Business Development Center (RECURRING) 250,000

NEW - Technology Incubator Project (RECURRING) 200,000

NEW - OneCarolina (RECURRING) 1,500,000

NEW - OneCarolina (NON-RECURRING) 1,500,000

NEW - South Carolina Lightrail (NON-RECURRING) 1,500,000

NEW - SC Institute of Archaeology and Anthropology (NON-RECURRING) 354,375

NEW - EngenuitySC - National Hydrogen Assoc Convention (NON-RECURRING) 100,000

NEW - Gibbes Green Renovation (NON-RECURRING) 105,000

Beginning Base Recurring Appropriations

Estimated State Funds for Pay Package, Health Insurance and Retirement

NEW - Faculty Excellence Initiative

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Source of “A” Funds

III Departmental Income and Transfers 269,595,438

199,971,862

12,075,000

85,827

5,897,842

49,500,000

2,064,907

IV General Fund Income and Transfers 49,672,500

40,000,000

2,800,000

1,372,500

5,500,000

Total Source of Funds 484,034,859

Student Fee Abatements

Other Revenue - General Fund

Transfers from/-to Other Fund Groups (net)

General Fund Balance Carryforward

Estimated Access and Equity (State Contract/Grant)

Other Departmental Revenue

Departmental Balances Carryforward

Dept Transfers from/-to Other Fund Groups (net)

Student Tuition and Fees

Tuition Increase

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Use of “A” Funds

V Recurring Base Budgets 395,805,218

355,805,218

Undergraduate Abatements 24,750,000

Graduate Abatements 15,250,000

VI Special Below-the-Line Appropriations 10,260,242Nanotechnology 1,000,000

Hydrogen Fuel Cell Research 1,000,000

Institute for Public Service and Policy Research 716,454

Small Business Development Center 686,534

Freshwater Initiative 500,000

Law Library 344,074

African-American Professors Program 178,805

School of Public Health - Epilepsy 75,000

NEW - Palmetto Poison Control Center (RECURRING) 250,000

NEW - Small Business Development Center (RECURRING) 250,000

NEW - Technology Incubator Project (RECURRING) 200,000

NEW - OneCarolina (RECURRING) 1,500,000

NEW - OneCarolina (NON-RECURRING) 1,500,000

NEW - South Carolina Lightrail (NON-RECURRING) 1,500,000

NEW - SC Institute of Archaeology and Anthropology (NON-RECURRING) 354,375

NEW - EngenuitySC - National Hydrogen Assoc Convention (NON-RECURRING) 100,000

NEW - Gibbes Green Renovation (NON-RECURRING) 105,000

Department Base Budget Allocation

Student Fee Abatements:

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Use of “A” Funds

VII Carryforward Balances Allocated 49,500,000

49,500,000

VIII New and Continuing Funding Recommendations - Recurring 22,969,399

5,645,740

1,345,728

3,360,048

11,167,883

1,450,000

IX Non-Recurring Funding Recommendations 1,506,912

Total Use of Funds 480,041,771

Net General Fund Unallocated Carryforward Balance 3,993,088

Carryforward Balances Allocated to Departments

Academic Programs and Services

Academic Support and Student Affairs Programs

General Institutional Costs and Central Operations

Pay Package, Health Insurance and Retirement

Mandated Fee Distributions

System Budget FY2008

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USC System

FY2007 FY2008936,017,559 996,162,789

Total Current Funds Budget

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Revenues

Expenditures

University of South Carolina SystemProposed Budget FY2007-08 Total Current

Funds

Tuition and Fees35%

State Appropriations

23%

Grants, Contracts, and

Gifts26%

Sales and Service

Educational and Other Sources

3%

Sales and Service Auxiliary

Enterprises13%

Instruction29%

Scholarships and Fellowships

14%

Auxiliary Enterprises

10%

Transfers4%

Operation and Maintenance of

Plant6%

Institutional Support

10% Student Services

4%

Academic Support

6%

Research11%

Public Service6%