Spring 2013 Budget Update

April 2013

Agenda

• Tuition and enrollment projections• Budget forecast model and approved funding• Segregated fees as endorsed by SUFAC, and room &

board rates

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Tuition Target for Pooled Revenue=$33,435,359 Variance

Original Estimate 5.2012 $35,218,000 $1,783,000

Fall 2012 10.12.2012 $36,536,000 $3,100,000

Spring 2013 03.03.2013 $36,549,000 $3,114,000

TSI Estimate 5.2012 $13,405,000 -

Fall 2012 $14,400,000 $995,000

Spring 2013 $14,400,000 $995,000

Tuition Revenue

Note – these figures exclude distance learning, study abroad, and school of education cost recovery students

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EnrollmentOriginal

Fall Billing FTE

Fall 2012 Billing FTE

Fall Estimate -Spring Billing

FTE [90%]

Spring 2013 Billing FTE

Undergrad Resident 5,375 5,514 4,963 5,022

Undergrad NonRes 118 180 162 136

Graduate Resident 116 95 86 105

Graduate NonRes 23 26 23 16

Subtotal Pooled Enrollment 5,632 5,815 5,234 5,279

TSI Enrollment 1,370 1,472 1,325 1,325

Total Pooled & TSI Enrollment 7,002 7,287 6,559 6,604

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Enrollment ProjectionsFY2013-

14FY2014-

15FY2015-

16FY2016-

17FY2017-

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Undergraduate 5,690 5,690 5,690 5,690 5,690

Graduate 120 120 120 120 120

Subtotal Pooled Enrollment 5,810 5,810 5,810 5,810 5,810

TSI Enrollment 1,580 1,670 1,695 1,705 1,705

Total Pooled & TSI Enrollment 7,390 7,480 7,505 7,515 7,515

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Budget Forecast ModelProjected Closing Balances

FY2012-13

FY2013-14

FY2014-15

FY2015-16

FY2016-17

FY2017-18

$500K Lapse in FY14 & FY15 and $1.3M plan; $350K base savings in FY16 and forward

8,071,684

6,752,669

6,070,228

5,066,607

3,694,434

2,065,225

Total Budget Requests 2,043,385 6,383,512 5,148,064 6,172,779 6,290,323 6,192,070

Recommended funding - $ 192,805 1,064,705 648,311 1,110,395 1,334,047 1,307,427

Recommended FTE 2.22 8.67 14.12 16.62 16.62 15.62

Additional Requests 1,850,580 5,318,807 4,499,754 5,062,384 4,956,276 4,884,643

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Recommended FundingDivision FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Admin 0 257,000 216,100 251,905 289,500 328,975

Admissions 25,300 26,500 27,700 29,000 29,400 29,700

Assoc VC 0 75,925 77,525 79,225 81,125 83,125

BILSA 0 136,400 195,900 295,600 306,400 311,000

Diversity 194,800 156,600 128,700 121,100 113,700 78,900

EMS 0 38,250 227,300 235,440 244,070 247,700

LAE 0 144,630 149,010 153,740 158,370 163,000

Provost 0 178,200 275,034 278,385 281,782 279,927

SA 0 200,000 0 0 0 0

Univ Wide -27,295 -148,800 -648,958 -334,000 -170,300 -214,900

Grand Total

192,805 1,064,705 648,311 1,110,395 1,334,047 1,307,427

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Provost FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 178,200 275,034 278,385 281,782 279,927

FTE 0.00 2.00 3.45 4.95 4.95 4.95

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• FY2014-18• Assistant Director of First Year Experience• Academic Affairs position (Assessment Coordinator or

Coordinator of Graduate Studies and Academic Projects)

• Supplies & materials for new academic affairs position• PACCE positions (i.e. Entrepreneurship Prog Dir,

Scholarly Coord, Marketing asst, Launch lab manager, liasons to BILSA & EMS)

• FY2015-18• PACCE positions

BILSA Funding

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FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 136,400 195,900 295,600 306,400 311,000

FTE 0.00 1.00 2.00 3.00 3.00 3.00

• FY2014-18• Salary Adjustments (i.e. cover under-allocated salary budget

lines, Weigel & Prill-Adams)• Unclassified position, supplies and capital to fund increased

enrollment in the School of Ag • In addition to the above positions, 3.00 FTE for total salaries

of $160,000 were already approved for funding (Biology, Ag & Farm Manager)

• FY2015-18• Add’l positions to fund increased enrollment in the School of

Ag

EMS FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 38,250 227,300 235,440 244,070 247,700

FTE 0.00 0.45 2.45 2.45 2.45 2.45

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• FY2014-18• Chemistry – chemical hygiene officer and student help• In addition to the above positions, 3.00 FTE for total

salaries of $185,000 were already approved for funding (Chemistry, Math & Mechanical Engineering)

• FY2015-18• Add’l faculty position in mathematics and mechanical

engineering

LAE FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 144,630 149,010 153,740 158,370 163,000

FTE 0.00 0.00 0.00 0.00 0.00 0.00

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• FY2014-18• Overload and adjunct pay• Student help• Japanese language instruction (student help and

supplies)• In addition to the above positions, 3.00 FTE for total

salaries of $144,000 were already approved for funding (Women’s & Gender Studies, Criminal Justice & Political Science)

Diversity FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 194,800 156,600 128,700 121,100 113,700 78,900

FTE 1.70 1.70 1.70 1.70 1.70 0.70

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• FY2013• ESL Program startup• Center for Veteran & Non-Traditional Students (Director

and student help)• FY2014-18

• Decreasing support of ESL program as it becomes self-sustaining

• Maintain funding for Center for Veteran & Non-Traditional Students

Student Affairs FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 200,000 0 0 0 0

FTE 0.00 0.00 0.00 0.00 0.00 0.00

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• FY2014 • Repair/replace acoustic panel winches in the CFA

Associate VC FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 75,925 77,525 79,225 81,125 83,125

FTE 0.00 1.00 1.00 1.00 1.00 1.00

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• FY2014-18• Registrar’s office position

Admissions & Enrollment Svcs Funding

FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 25,300 26,500 27,700 29,000 29,400 29,700

FTE 0.52 0.52 0.52 0.52 0.52 0.52

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• FY2013-18• Fund remaining portion of position supported by Federal

Overhead-Financial Aid

Administrative Svcs FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount 0 257,000 216,100 251,905 289,500 328,975

FTE 0.00 0.00 0.00 0.00 0.00 0.00

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• FY2014• Two backup appliances for off-site data backup (OIT)

• FY2014-18• Annual hardware & software maintenance increases

(OIT)

University Wide FundingFY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Amount -27,295 -148,800 -648,958 -334,000 -170,300 -214,900

FTE 0.00 2.00 3.00 3.00 3.00 3.00

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• FY2013• One-time supplemental compensation planning ($600,000)• Ongoing compensation planning ($350,000)• Budget lapse planning (-$1,005,295)• Classroom technology upgrades- Russell 122 & Doudna

205a ($28,000)• FY2014-18

• Classroom technology upgrades (6 classrooms)• Office of Planning and Assessment - positions• Ongoing compensation planning• Budget lapse planning• TSI positions available for allocation

Auxiliary Rates – Segregated Fees

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Student Fees 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017 2017/2018

BONDING

Stadium/Arena Fac Bond 1 632205 FY25 30 30 30 30 30 30

MPSC Bond 632810 FY21 120 120 120 120 120 120

WFH Bond1 632605 FY12 0 0 0 0 0 0

WFH Bond2 632615 FY31 50 47 47 47 47 47

OPERATIONS

Stadium/Arena Oper 632200 25 25 25 25 25 25

Child Care 632700 10 10 10 10 10 10

ID Systems 612225 8 8 8 8 8 8

Intercoll. Athletics 632400 83 83 83 83 83 83

Muni. Svc. 632800 18 18 18 18 18 18

PAC/Intramural Oper 632600 54 54 54 54 54 54

Parking 642001 20 20 20 20 20 20

Transportation 30 30 30 30 30 30

MPSC Operations 632000 152 152 154 158 162 162

Student Affairs Programming 632006 91 93 93 93 93 94

Student Health & Counseling 632100 106 111 111 111 111 111

SUFAC Activity 622001 100 100 100 100 100 100

Textbook 632900 142 165 179 182 185 187

Total Seg. Fees 1,039 1,066 1,082 1,089 1,096 1,099

% Increase 0.97% 2.60% 1.50% 0.65% 0.64% 0.27%

% Increase (excluding Textbook Rental) 1.13% 0.45% 0.22% 0.44% 0.44% 0.11%

Auxiliary Rates – Housing & Meal Plans

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Residence Halls 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18Double 3,520 3,700 3,820 3,940 4,060 4,190 Renewed Double - 3,900 4,020 4,150 4,280 4,410

Elevated Renewed Double - - 4,230 4,360 4,500 4,640 Single 4,428 4,650 4,790 4,940 5,090 5,250

Semi-Suite (Bridgeway) - 5,100 5,260 5,420 5,590 5,760 Single Suite (SW) 5,006 5,250 5,410 5,580 5,750 5,930 Avg % inc 8.0% 5.0% 3.1% 3.1% 3.1% 3.1% Other Suite: Rountree 4,800 4,950 5,100 5,260 5,420 5,590 Meal Plans            

Average Rate 2,273 2,393 2,471 2,550 2,631 2,714% Inc 5.0% 5.3% 3.2% 3.2% 3.2% 3.2%

Total Price of Attendance

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Total Price of Attendance 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017 2017/2018Wisconsin Resident

Tuition 6,422 6,615 6,813 7,018 7,228 7,445

Student Fees 1,039 1,066 1,082 1,089 1,096 1,099

Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190

Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480

Total Estimated Price of Attendance $ 13,901 $ 14,451 $ 14,885 $ 15,317 $ 15,754 $ 16,214

% Increase 5.7% 4.0% 3.0% 2.9% 2.9% 2.9%

Minnesota Resident

Tuition 6,846 7,051 7,263 7,481 7,705 7,936

Student Fees 1,039 1,066 1,082 1,089 1,096 1,099

Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190

Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480

Total Estimated Price of Attendance $ 14,325 $ 14,887 $ 15,335 $ 15,780 $ 16,231 $ 16,705

% Increase 5.6% 3.9% 3.0% 2.9% 2.9% 2.9%

Non-Resident

Tuition 15,805 16,279 16,767 17,270 17,789 18,322

Student Fees 1,039 1,066 1,082 1,089 1,096 1,099

Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190

Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480

Total Estimated Price of Attendance $ 23,284 $ 24,115 $ 24,839 $ 25,569 $ 26,315 $ 27,091

% Increase 5.6% 3.6% 3.0% 2.9% 2.9% 3.0%

Tri-State Initiative

Tuition 10,422 10,735 11,057 11,388 11,730 12,082

Student Fees 1,039 1,066 1,082 1,089 1,096 1,099

Standard Double Room 3,520 3,700 3,820 3,940 4,060 4,190

Standard Meal Plan (175 meals) 2,920 3,070 3,170 3,270 3,370 3,480

Total Estimated Price of Attendance $ 17,901 $ 18,571 $ 19,129 $ 19,687 $ 20,256 $ 20,851

% Increase 4.3% 3.7% 3.0% 2.9% 2.9% 2.9%