2012BUDGETUPDATEhttp://mubudget.missouri.edu/

Funding SourcesFiscal Year 2012

Operating Fund

Targeted Tuition & Fees

Federal Appropriations

Targeted State Appropriations

Grants & Contracts

Gifts, Endowment & Investment Income

Enterprise Operations

Total Revenue

$510,201,180

76,008,493

16,572,476

36,843,795

227,142,000

66,169,575

1,094,832,199

2,027,769,719

25.2%

3.7%

0.8%

1.8%

11.2%

3.3%

54.0%

100%

“Enterprise” Operations

Hospitals & ClinicsUniversity PhysiciansUniversity StoresResidential LifeAthleticsCampus DiningResearch ReactorAgricultureParkingKOMU Office of Research/Patent & Royalty Other

$666,992,680152,820,993

56,679,30242,042,29843,052,16326,758,09810,807,480

9,976,8687,865,000

7,428,622 3,146,901 34,259,269

$1,094,832,199

60.9%14.0%

5.2%3.8%3.9%2.4% 1.0%0.9%0.7%0.7% 0.3% 6.1%

100%

Funding SourcesFiscal Year 2012

Operating Fund

Targeted Tuition & Fees

Federal AppropriationsTargeted State Appropriations

Grants & Contracts

Gifts, Endowment & Investment IncomeEnterprise Operations

Total Revenue

76,008,493

16,572,476

227,142,000

36,843,795

66,169,575

2,027,769,719

$510,210,180

100%

54.0%3.3%

11.2%

1.8%

0.8%

3.7%

25.2%

1,094,832,199

27%

70%

3 %

19901995

20002005

2012

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

60%

33%

7%

INDIRECT COST

Change in General Operating Funding Sources

TUITION

STATE SUPPORT

Operating Fund

Gifts & Grants

Other Appropriations

Targeted Tuition / Fees

Hospital, KOMU, Athletics, Bookstore

State SupportTuition

Budget Tree

General Operating SourcesTotal: $510M

Operating Fund

• State Appropriations$166M

• Tuition $308M

• Indirect Cost $37M

State Appropriations for OperationsFY 2001 – FY 2012

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012150,000,000

155,000,000

160,000,000

165,000,000

170,000,000

175,000,000

180,000,000

185,000,000

190,000,000

195,000,000

200,000,000

Enrollment GrowthFall 2000 – Fall 2011

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20110

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

23,309

33,805

Head Count

45% Increase

What’s Wrong With This Picture?FY 2001 – FY 2012

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

Head Count State Appropriations FY Based CPI

Head Count

CPI

State Appropriations

State Support to Higher EducationFY 2012 National Comparison*

Appropriation per Capita Ranking

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

44

7

19

229

29

12

14

23

FY2012 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

$307.55

$278.65

$241.34

$257.59

$282.75

$154.74

$351.58

$249.31

$220.20$233.23

Bordering States

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

FY2012 State Appropriations for Higher EdPer $1,000 in Personal Income

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

$1

$2

$3

$4

$5

$6

$7

$8

$9

$10

$9.17

$6.31$6.03

$6.35

$8.42

$4.04

$8.45

$6.70

$6.06

$5.63

Bordering States

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

State Support to Higher EducationFY 2012 Appropriation per Capita Ranking*

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

41. Ohio

42. Nevada

43. Michigan

44. Missouri

45. Oregon

46. Pennsylvania

47. Vermont

48. Colorado

49. Arizona

50. New Hampshire

BOTTOM TEN

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

1. Wyoming

TOP TEN

State Support to Higher EducationFY 2012 Appropriation per Capita Ranking*

2. North Dakota

4. North Carolina

10. Alabama

3. Alaska

5. New Mexico

6. Hawaii

7. Nebraska

8. Mississippi

9. Arkansas

FY2012 State Appropriations for Higher EdPer Capita

Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi Missouri SouthCarolina

Ten-nessee

Texas US Av-erage

$0

$50

$100

$150

$200

$250

$300

$350

$306.27 $307.55

$190.10

$268.11$282.75 $281.99

$320.36

$154.74

$183.66

$220.20

$251.77

$233.23

SEC

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

SEC States

Mississippi

Arkansas

Alabama

Kentucky

Louisiana

Georgia

Texas

Tennessee

Florida

South Carolina

Missouri

State Support to Higher EducationFY 2012 National Comparison*

Funding

Per Capita

$320.36

$307.55

$306.27

$282.75

$281.99

$268.11

$251.77

$220.20

$190.10

$183.66

$154.74

Rank

8

9

10

12

13

16

21

29

37

39

44

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

Cause & Effect

-20.0%

-10.0%

0.0%

10.0%

20.0%

Percent Increase in Recurring State Appropriations for Operations

Percent Increase in Resident Undergraduate Tuition (Per Credit Hour)

Source: UM System Planning & Budget

Funding per Student FTE

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20110

5,000

10,000

15,000

20,000

25,000

State Appropriations / FTE Tutition / FTE

Funding / FTE Adj. for Inflation (CPI)

Funding per Student FTE

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 AAU Public 2010

0

5,000

10,000

15,000

20,000

25,000

State Appropriations / FTE Tutition / FTE

Funding / FTE Adj. for Inflation (CPI)

$98,687,176

Tuition & Fee Comparison2011 – 2012

Institution

AAU PublicAAU Public & PrivateSEC Big XIIBig Ten

University of Missouri-Columbia

Average

$10,434$23,706$10,183$10,383$13,555

$8,989

Lowest

$5,656$5,656$5,656$7,108$7,648

Highest

$16,132$45,290$41,332$31,658$41,983

Combined Tuition & Fees

Source: U.S. News Best Colleges 2012

Instruction

Research

Public Service

Academic Support

Student Services

Administration

Plant

Administrative EfficiencyFY 2010*

UM

System

70.9%

29.1%

Public

Doctoral

66.1%

33.9%

Economic Impact

• Salaries/Wages• Employee Benefits• Operating Expense• Total

• MU’s Weekly Payroll• Weekly Gifts

• Building & Construction Spending– Ten Year Average of $138,000,000– Currently over $450,000,000 in progress, planning or design

50%

12%

38%

100%

$16,000,000

$1,000,000

Capital Projects Employment

Average Annual Amount

50% is Labor

$50 / hour Hours

÷ 2080 hours FTE

Jobs

$138,000,000

$69,000,000

1,380,000

663

≈ 650

2012BUDGETUPDATEhttp://mubudget.missouri.edu/

Funding per Resident FTE

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20110

5,000

10,000

15,000

20,000

25,000

State Appropriations / Res FTERes Tutition / Res FTEFunding / Res FTE Adj. for Inflation (CPI)

$131,963,428