new budget model second year results. prior budget system featured central control and fixed budgets...
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New Budget ModelSecond Year Results
• Prior budget system featured central control and fixed budgets
• New budget system is variable with decentralized decision-making
• New system began in July 2005
• This report summarizes results for the first and second years under the new system.
Note: Prior agreements for special programs, fees and carry forward policy are incorporated into the new
budget model.
Description FY 2006 FY 2007 Total
Tuition $ 10,948 $ 515,448 $ 526,396
Special Programs
$ 1,640,019 $ 1,892,880 $ 3,532,899
Fees $ 2,162,151 $ 2,911,050 $ 5,073,201
Total Distributed
$ 3,813,118 $ 5,319,378 $ 9,132,496
Unit FY 2006 % FY 2007 % Total % ofTotal
CAS $ 583,438
15.3% $ 902,375
17.0% $1,485,813 16.3%
SEHS $ 388,792
10.2% $ 227,309
4.3% $ 616,101 6.7%
SHPS $ 354,871
9.3% $ 508,624
9.5% $ 863,495 9.4%
SOM $ 243,122
6.4% $ 614,507
11.5% $ 857,629 9.4%
OEL $ 511,304
13.4% $ 726,226
13.7% $1,237,530 13.6%
Total Academic $2,081,527
54.6% $2,979,041
56.0% $5,060,568 55.4%
Support Units $ 627,091
16.4% $ 980,542
18.4% $1,607,633 17.6%
Gen Administration
$1,104,500
29.0% $1,359,795
25.6% $2,464,295 27.0%
Total Distributed $3,813,118
100.0%
$5,319,378
100.0%
$9,132,496 100.0%
Support Unit FY 2006 % FY 2007 % Total % ofTotal
Chancellor $ 8,778
0.2% $ 29,716
0.6% $ 38,494 0.4%
Provost $ 70,248
1.8% $ 110,482
2.1% $ 180,730 2.0%
Associate Provost $ 278,828
7.3% $ 355,690
6.6% $ 634,518 6.9%
SSEM $ 118,903
3.1% $ 172,058
3.2% $ 290,961 3.2%
VCA $ 139,812
3.7% $ 276,026
5.2% $ 415,838 4.6%
VCIA $ 10,522
0.3% $ 36,570
0.7% $ 47,092 .5%
Total Support Units
$ 627,091
16.4% $ 980,542
18.4% $1,607,633 17.6%
Revenue Targets:• Undergraduate – assumed tuition up 6.5% and enrollment flat• Graduate – assumed tuition up 5% with varied enrollment
assumptions by program
Change in State Appropriations
Change in Fixed Costs Note: Fixed costs include utilities, debt service payments,
maintenance contracts, business operation and insurance recharges.
School/College FY 2007 FY 2008 Change ($)
Change (%)
CAS $ 24,117,247
$ 26,659,144
$ 2,541,897
10.5%
SEHS $ 4,265,468
$ 4,613,055
$ 347,587
8.1%
SHPS $ 5,008,726
$ 5,780,667
$ 771,941
15.4%
SOM $ 4,389,572
$ 5,046,457
$ 656,885
15.0%
OEL $ 454,434
$ 452,202
$ ( 2,232)
(0.5%)
Total Tuition $ 38,235,447
$ 42,551,525
$ 4,316,078
11.3%
Fees $ 3,787,253
$ 4,573,475
$ 786,222
20.8%
Total Revenue $ 42,022,700
$ 47,125,000
$ 5,102,300
12.1%
Budget Model Worked Well
Level of understanding varies
Results varied by unit
Graduate payouts exceeded targets
Undergraduate payouts exceeded targets
Budget model payouts in line with enrollment
Give top priority to revenue and enrollment growth
Set aside a reasonable reserve, then invest the rest to support increasing enrollment
Consider deployment of limited resources to areas with highest growth potential
Work cooperatively with other groups to increase enrollment
VCA Office Dave Barthelmes
Financial Services Jerry GlascoKaren RuddyChristy Brownell
Website http://umflint.edu/resources/offices/administration/index/php
How is the budget set for the campus? The budget is set based on assumptions regarding
enrollment and tuition rates, state appropriations, changes in fixed costs and new initiatives.
How is my base budget determined each year?
Each unit’s base budget is determined based on its share of dollars assumed for revenue, state appropriations, fixed costs, and new initiatives.
How is my merit funded?Merit is not funded. Merit is covered by increases to budgets for a given year. Funds received by units have exceeded the cost of merit.