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Texas Student Media Board of Operating Trustees The University of Texas at Austin

College of Communications (CMA) 2600 Whitis Avenue, LBJ Room #5.160

Austin, Texas

February 18, 2011 1 p.m.

Agenda

I. Convene in Open Session for the meeting of the TSM Board of Operating Trustees. A. Approval of the December 10, 2010, TSM Board Minutes. B. Monthly Financial Report for Texas Student Media; Lori Hamilton, TSM Business Manager C. Monthly activity reports from the Director, Advisers, and the Student Editors and Station Managers regarding recent social and promotional activities for each of the TSM entities. II. Report from the Executive Committee, Kristie Loescher, Executive Committee Chair A. Discussion and appropriate action regarding the search for the permanent TSM Director. B. Discussion and appropriate action regarding the search for the TSM Multimedia Adviser. III. Overview Presentation of the Advertising Department's responsibilities for Texas Student Media; Jalah Goette, Brad Corbett, Kathryn Abbas, Carter Goss IV. Adjournment

Is it really February? Welcome back. Spring is off and running! Our transition into the reorganization is coming along. We all have a better sense of the myriad of things Frank used to do – and figuring out who will do what now – is challenging us all. Because of the delay to hire the multimedia adviser, we do have Dustin on retainer to do repairs/fixes as we need them. All requests are going through me and I am overseeing his workload. We continue to hear more budget rumblings on campus. The reality is that until the legislature passes a budget, we won’t know the exact impact on higher education, UT, Student Affairs, or TSM until that. Lori and Jalah and I have begun to talk strategy for the 2011-2012 budget. With the board approving the MM adviser salary “difference” from reserves, and any additional salary needs for a permanent director, once we make the salary adjustments for the staff who have taken on new responsibilities, we will be short for a jumping off point for the 2011-2012 budget for the board to work from. I should have that for the board to begin studying by mid-February. I have also been asked to do a budget reduction analysis for the next 5 years, assuming 2% self-funded permanent merit. That would be approximately 11% compounding over a five year time frame. We have also been asked to prepare a presentation for the Student Services Budget Committee in mid-February to early March. No new money – they do want to know how we use the money they provide to us. We will be working with the student managers for the presentation. Currently we receive $446,509 from SSBC. I don’t know if they are trying to determine if they are distributing the money the way they want – or if they will be using the data presented to change the amount we receive – but whenever our reductions come from the state, this is the account that is reduced. We will tweak the Multimedia adviser position and hope for a more robust applicant pool. Besides certification of candidates, elections, and picking our new leadership for next year, we are about to emerge on all budget all the time. Hang on friends! it is going to be a swell ride! Jennifer R. Hammat, Ed. D. Assistant Vice President for Student Affairs Interim Director for Texas Student Media The University of Texas at Austin 121 Main Building -- G 5000 P. O. Box 7699 Austin, Texas 78713 VPSA direct phone: 512-232-3992 TSM direct phone: 512-471-5084 VPSA fax: 512-232-9489 email: [email protected] website: http://www.utexas.edu/student/studentaffairs/

Supposedly, the holiday break brings about a lull, but we have not felt anything close to that this year. We hired 1 new student Account Executive, while promoting 3 students internally from our special projects team. The professional staff and student leaders worked together to complete training in December and early January. Kathryn Abbas recruited and filled a total of 10 volunteer positions for the marketing and special projects teams. Both teams have aggressive goals for the spring and the marketing team is leading up an exciting readership campaign for The Daily Texan. The campaign is called “out of the stands and into your hands” which chronicles readers of The Daily Texan. This is the first time we have students focusing directly on marketing and promoting our products. We also had a very strong push for picking up the Welcome Back Edition, and our efforts were noticed across campus by various professors. Carter Goss and the KVRX crew hosted the first concert of the New Year last Sunday, and he is actively pushing the team towards our spring 2011 Housing Fair on February 23. Advertising revenue for December did not track strongly in comparison to last year’s numbers and projected revenue goals. January is pacing better and we are all aware of the big goals facing us to make revised budget numbers.

Jan. 25, 2011 The Daily Texan Editorial Adviser’s Report “Transition” has been the operative word thus far this semester. With the TSM reorganization now implemented, it has taken a fair amount of time and effort to determine where we have gaps left by departing personnel and how we’re going to fill them. We don’t have everything nailed down yet, but we are working at it. Student and professional staffers have been very helpful and collegial throughout this process. We are also breaking in a new crop of senior reporters at the Texan and they have all proven to be quick studies. We are fortunate to have an experienced and talented staff of editors – from Managing Editor Claire Cardona through News Editor Lena Price and on down the line – to help ease this additional transition. It’s early, but I’m impressed by the quality of the papers. Another change you may have noticed is the exciting new look of the Texan. Design Editor Veronica Rosalez outdid herself by updating many key elements – from the skybox down to the pull quote format. The response to the redesign has been uniformly positive from readers and outside observers alike. It really brings the look of the Texan into the 21st century. At this hour, we are still waiting for the launch of our much-anticipated new Daily Texan website. According to Nolan Hicks, who offered a peek at the new site at the last board meeting, it’s taking longer than anticipated to successfully integrate the new format to our existing database. We’re assured that the site is “built out” and we’re hoping to see it in operation soon, perhaps by the end of the tryout period, Feb. 3. The search is on for a multimedia adviser. We posted the job in early January, but the field of candidates was not as “robust” as we had hoped. We will post the job again shortly, so if you are aware of qualified people who might be interested, please send them our way. We are fortunate to have talented “volunteers” who are willing to share their expertise with student staffers at the Texan. Mike Whitney, a former lecturer at the Journalism School, is going to make himself available to offer guidance to reporters and editors a couple times a week. And my wife, Pam Berry, a former staff photographer at The Boston Globe, is planning to offer her insights to the photo department on a regular basis until the multimedia person is in place. Because of all the changes going on this semester, we’re still in the early stages of exploring opportunities for greater collaboration among the various elements of TSM. I’m planning a lunch with Dan Knight and the other advisers next week to begin the conversation. I was pleased to see an item in the Page One “rail” in the Jan. 21 Texan promoting a KVRX event that weekend. A tiny step, but as Lao Tzu said, every journey must start with one. We had a successful collaborative effort between the newsroom and advertising for our first-ever coffee and bagel “tabling” event in the Comm School plaza. It produced a whole slew of signups for tryouts at the Texan. Several prospective workers said it was just what they needed to finally check out what goes on down in the basement of the Hearst Building. Another important area of collaboration is what has been dubbed “the Big 12 Exchange.” Through the auspices of Town News, a Chicago-based content-management service, students newspapers in the Big 12 and beyond are posting their stories and photos to a website where they can be shared. We haven’t run any stories from OU so far, but the potential is there. In still another sign of “hands across the water” cooperation, Fred Zipp, editor of the Austin-American Statesman, has agreed to be the speaker at the Texan orientation session, scheduled for Friday, Feb. 4. It will be the official kickoff to what promises to be another outstanding semester at the Texan. Doug Warren/Editorial Adviser, The Daily Texan

Report from the Cactus Office... The Cactus Staff has jumped right back into deadlines. The spring semester, their busiest time of year, keeps them hopping. They did a great job of meeting deadlines in the fall, so they are going to work extra hard to keep up that record. The staff sent in a copy of the 2010 Cactus for consideration in the Yearbook Pacemaker Contest. We were a finalist for that national award the previous year, so we hope to be even more successful with this edition. Book sales is one of their big “resolutions” for the new semester. We have to find new ways to market the yearbook in order to create sales. We are planning talks with the University Co-Op and the Ex Students Association in regards to working with us to market the book toward the parents, the people who have a true appreciation for what the yearbook means in years to come. Right away we have several projects in the work. The Cactus sponsors the Outstanding Student and Cactus Goodfellow Award contests each year. We have given out those awards to deserving students for over 75 years. Those awards will be picked by the end of February. The winners will have their pictures featured in the yearbook and will be invited to an award ceremony in April. Our final photo studio will be in the middle of February, too. We are working on getting the word out so that we can have a great studio to finish the class section of the book. It usually follows that the people who have their photo taken are more likely to buy the book. Graduating Seniors can also have their cap and gown photos taken at the same time as their class photo. This greatly increases participation. Explore UT is coming up at the beginning of March. On that Saturday Texas Student Media holds an Open House for perspective students and their parents to visit our offices and see what TSM has to offer. The Cactus staff and all of the TSM entities participate. —Jack

KVRX-FM The interim schedule went well. The Program Department did a good job filling the slots with so many students out of town for the holiday break. We continue tracking down the "phantom of the right channel" who is making the level lower than the left or sometimes taking the right channel out. Jim Corbin, the temporary transmitter engineer subbing for Frank Roberts, found one problem with the left channel studio-to-transmitter microwave link, and that then revealed two more problems in the chain. The equipment is old so component values are changing and the company must manufacture parts since they have been out of stock for years. So the process is taking longer than expected, but relentlessly progressing. The Community Affairs programming (mostly talk-type shows) are probably stronger than ever, so radio and TV are exploring ways to increase the audience for this strong programming by airing it on TV. We had some pilot programs last summer and a couple technical hurdles are being addressed. Texas Student TV Last semester was a blockbuster as Taylor reports. This means the infrastructure is being used to the maximum. It also means the management and staff worked very well to keep everything in sync with equipment, facilities and each other. They've developed quite a nice, efficient organizational operation. The only question mark is how the new Longhorn network will affect the station's Sports Department. They have been doing the most consistent and complete coverage and have been able so far to achieve their goal of covering all sports at home. The first producer's meeting had about 33 in attendance, including assistants. Several News department staffers have Flip cameras and are doing very good quality spur-of-the-moment pieces in addition to planned coverage, that are Tweeting probably an average of 3 times a day and will be used as interstitial material on air. The paid productions are absorbing all the Production Department's time. Its only two weeks in, but all the managers have set goals and already have began to implement ideas to make this semester even better than last. Dan Knight Adviser, Texas Student TV, KVRX-FM

Lauren Winchester

January Board Report: Daily Texan Editor

I’m told the new website will be operational by Texan orientation on Feb. 5,

which is—coincidently—the date of the next board meeting. I sincerely hope this will be

the case, but based on previous experiences with the never-ending website saga, I would

not be shocked if something transpired to delay the launch. That said, it would be lovely

to have blogs—something the Texan was promised almost a year ago. Should it ever

appear, I am optimistic that the website will be a very capable and dynamic platform for

our reporters, photographers and videographers. The design is crisp and eye-catching,

there’s room to play around with breaking news headlines and multimedia features, and

there will even be a section to display Lauren Thomas’s amazing editorial cartoons! Just

like I’ve always wanted!

The real challenge will come this summer when the newsroom must switch its

focus to online news production. I have no doubt that our staff is capable of adopting an

online mindset, but I am concerned with how quickly it will need to do so. Every

department will need to retool its systems of deadlines, assignments and editing. There

will need to be conversations about what kind of reporting we will publish in the summer

Texan. In-depth pieces? Recaps of major events? All of the above? And all of this must

be accomplished with a limited familiarity of our new website. I understand that all of

these re-workings are necessary and inevitable, but the transition time will be extremely

rapid. We should make these conversations a priority now so that the summer staff will

be prepared to make the best Texan possible.

January 28, 2011

Dear Members of the Board, Despite hefty budget cuts and changes to the general makeup of our professional staff, the Texan hit the ground running. The first edition debuted a total redesign of the paper, well-written and reported stories, a compelling sports package, color comics with a scary floating head and a photo page that took readers to Israel. The redesign of our print edition by design editor Veronica Rosalez gives the final product a modern look from the more attractive skybox to new page designs that allow greater use of color. The second attempt at a better website is set to go live in February, or so we’ve been told, with a cleaner design featuring blogs and the ability to post multiple photos and videos in a story, among other things. I’m really happy with the department heads this semester and we have a great selection of editors on board in every department. News editor Lena Price has been a great teacher to a staff of entirely new associate editors and senior reporters and they are catching on quickly. Our coverage of the 82nd legislative session is just getting started, so be on the lookout for more University-focused content. We will be taking a closer look at the issues that most concern students like the effect of the budget cuts on higher education and potential concealed carry legislation. We also hope to continue the tradition of compelling data packages that was established last semester. We are still working out the kinks since the departure of our office administrator and photo adviser, but the staff has been helpful in pointing out where gaps need to be filled, including Doug Warren who has been handing out the mail. Although we are still waiting on a new multimedia adviser, our multimedia editor Josh Barajas is doing an excellent job drawing attention to the department and tryouts have been producing a record number of videos per issue. This is a first for a department that has typically been absent from the Texan. Staffers are attending all of our daily and weekly meetings and meeting deadlines. They have established a partnership with news and Life&Arts that will hopefully allow us to enhance our print stories with online-only content. Soon we will have a video “column” unique to the website with reviews of software and tech products. Sports editor Will Anderson has changed the way we typically preview and review weekend games with the help of the design department and senior designer Martina Geronimo designed a visually appealing package for our first paper highlighting the changes in the football coaching staff. Although the uncertainties of the summer still loom, I’m looking forward to the rest of the semester and what we will accomplish with a staff that is excited about collaboration not only between departments but with our colleagues on the Big 12 Exchange. Cheers, Claire Cardona Managing Editor The Daily Texan

TO: Texas Student Media board members FROM: Michael McAfee, KVRX Station Manager DATE: January 25, 2011 RE: January/February board report Things have really picked up for KVRX in the past two months and we’re moving very quickly into 2011. Our continuing Concert Series at the USAA has been gaining traction and our December show was our biggest draw yet. Our January concert was our first attempt at a day show and, considering we were up against bad weather and NFL championship games, we did well in terms of attendance and booking country and folk acts, two genres we don’t usually highlight. We are looking to partner with TSTV for our February concert which will be a combined celebration for their new website launch and our 2011 pledge drive. Pledge drive will be happening from Valentine’s Day until February 28. We are securing unique premiums from local businesses and hope to increase our funds from last year. Our spring 2011 programming schedule was completed a few weeks ago and it features the diverse programming that our listeners have come to expect. Our community programming department is becoming stronger with unique shows ranging from a German language program to world soccer to film and politics. Our musical independence is still intact with blues, reggae, indie rock, hip-hop and Greek music, to name a few, represented. We’re working hard to secure releases for our Local Live Vol. 15 release later this spring. We’re very excited about releasing the 15th edition of Austin’s most forward-thinking collection of music (KGSR can try all they want, they’re still behind us). The hiring of the spring staff went over very smoothly with only a few key positions having new faces. The departure of our business manager Audrey Rodriguez has left a large hole, but I’m confident that her replacement, Jessica Pinkham, will fill in well and make the position her own. Every other major position was filled with its previous occupant. I look forward to this semester; spring is always our most hectic, but rewarding, time of the year. Thank you for your continued support. Michael McAfee KVRX Station Manager, 2010-11

Texas Student Television 2500 Whitis Avenue

www.TexasStudentTV.com

Taylor Rush TSTV Station Manager 2010-2011 [email protected]

January Board Report General

� Website is finished! Looks good. Thanks to Dustin and Alyssa for their efforts with the site. � New UT network is very interesting and we should be meeting with people from the network

sometime soon to talk about a possible involvement from TSTV. � Design finished up first batch of logos and is working on a few more as we speak. Thanks to

Felimon and his crew for all their hard work. Programming

� We produced 147 episodes of content last semester alone. A record and something that is continuing to grow each semester. Exciting.

� Programming starting back up earlier than ever so we should be growing upon that number this semester as well.

Operations

� Operations going well. Productions

� DFPS is rolling along now. Meetings, emails and so much more. Excitement is in the air. � Lake Travis went all the way so we were able to milk every cent possible from them. (An

extra 6250, give or take) Exciting. Working on the end of year DVD right now. It's starting to look very good.

First Board Report of 2011! How exciting!

The Travesty is doing well at the turn of the New Year. We’ve recently released a new video and have a few new, very talented new members on our video staff. We’re revamping our podcast and we’re making plans for our Student Government campaign. We finished out last semester strong with rave reviews from past editors, staff members, and fans and are looking forward to putting out another fantastic semester of content!

In a wider view, I’m concerned about the job cuts in TSM, specifically roles in which students in each organization don’t have the backgrounds in to perform themselves. Without a web advisor I’ve been struggling to fix a problem on the Travesty website that I haven’t seen before on any other website. With print in decline and web rising, it is important for all the TSM entities to have a strong and up to date web presence. Without someone who knows all the ins and outs of coding, web standards, and design, we’re going to be left up the creek without a paddle. TSM needs a talented person dedicated to being a web advisor, not an all-in-one advisor position, as this would severely cripple TSM’s web presence. It’s great that the Texan could outsource their website, but this isn’t an option for the other entities. We need guidance here so that our staff can maintain our websites and bolster our audiences.

Happy New Year &Valentine’s Day from the Travesty!

Alyssa Peters

Editor-In-Chief

Texas Travesty

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Texas Student Media Board of Operating Trustees Meeting The University of Texas at Austin

College of Communication (CMA), LBJ Room #5.160 2600 Whitis Avenue

Austin, Texas

November 19, 2010

12:30 p.m. Voting members present: Mary Dunn, Kristie Loescher, Mike Mackert, Brennan Lawler, Tanya Assar, Lindsey Powers, Annie Kreighbaum, Kelley Shannon, Georgia Dealey Voting members absent: Tim Lott, Wanda Cash Non-voting members present: Jennifer Hammat, Kathryn Abbas, Taylor Rush, Michael McAfee, Sean Beherec, Irene Farrimond, Yaman Desai, Alyssa Peters Non-voting members absent: Cheryl Pyle, Lauren Winchester Professional staff present: Dan Knight, Tim Serpas, Jack Simons, Frank Serpas, Doug Warren, Dustin Younse, John Foxworth Guests: Claire Cardona, Lori Hamilton, Brad Corbett, Nolan Hicks TSM Board President Brennan Lawler called the meeting to order at 12:32 p.m. I. Minutes With references to “publicly” changed to “in open session” and other clarifications, the October 15, 2010 minutes were accepted. The October 22, 2010 minutes were accepted unchanged. II. Executive Committee report Loescher reported that the Executive Committee wanted to start a director search such that the new director could start by June 1, 2011. This would require Hammat’s current appointment being extended two months and a budget. Hammat knew that Dr González was aware of these plans, but he had not yet been able to make any decisions. Loescher wanted Board members interested in being on the search committee to attend the January 28, 2011 Executive Committee meeting. III. Reorganization progress

Hammat reported that she had received approval from the VPSA office for the reorganization. Expecting more state-mandated cuts amounting to around $25,000 per year, Hammat asked for feedback on where to find more ways to reduce the budget. She said that she didn’t want to consider further staff cuts at this point. Furthermore, she said that the current budget was still around $77,000 from being balanced. She promised to have a balanced budget ready if the Board could call quorum in December. The Board agreed to meet on December 10th, 2010 at 12:30 p.m. IV. Reports Warren reported that the Texan had won best-in-show at the ACP conference for the coverage of the September 28th campus shooting. He also reported that Glenn Frankel, Director of the Department of Journalism, had visited the newsroom to get Texan staff feedback on plans to refine the department’s curriculum. Abbas reported that the Buys of Texas program went live on the previous Tuesday. Rush reported that TSTV had more income on the way since the high school football team they were documenting had made the playoffs. Farrimond reported that yearbook order forms had been mailed to parents along with the Bevo’s Wishlist supplement. V. New Texan site Texan staffer Hicks gave a video and interactive presentation of the new Web site planned for the Spring. VI. Spring 2011 Managing Editor The only candidate for Daily Texan Spring 2011 Managing Editor was Claire Cardona. The Board was pleased that she had taken and passed Media Law and Ethics. With a motion by Loescher and a second by Shannon, Cardona was appointed Managing Editor for Spring 2011. With a motion by Loescher and a second by Dunn, the meeting was adjourned at 1:52 p.m.

Texas Student Media Board of Operating Trustees Meeting The University of Texas at Austin

William Randolph Hearst Building (HSM), 2500 Whitis Avenue, Room 3.302

Austin, Texas

December 10, 2010

12:30 p.m. Voting members present: Mary Dunn, Kristie Loescher, Mike Mackert, Brennan Lawler, Annie Kreighbaum, Kelley Shannon, Georgia Dealey, Wanda Cash, Tim Lott Voting members absent: Tanya Assar, Lindsey Powers Non-voting members present: Jennifer Hammat, Kathryn Abbas, Taylor Rush, Michael McAfee, Sean Beherec, Irene Farrimond Non-voting members absent: Cheryl Pyle, Lauren Winchester, Yaman Desai, Alyssa Peters Professional staff present: Dan Knight, Jack Simons, Frank Serpas, Doug Warren, John Foxworth Guests: Claire Cardona, Lori Hamilton, Brad Corbett TSM Board President Brennan Lawler called the meeting to order at 12:33 p.m. Wanda Cash makes a motion to allocate funding of the proposed Multimedia Adviser position out of the TSM Reserves for the 2010-2011 year, with a cap of $60,000. It is seconded by Kristie Loescher. Motion carries. Wanda Cash makes a motion to begin the Director Search Process, having the Director in place by August 15, 2011. It is seconded by Tim Lott. Motion carries. Wanda Cash moves that the members of the Director Search Committee meet with Vice President Juan Gonzales in January 2011 to discuss the director search timeline. It is seconded by Tim Lott. Motion carries. Executive Committee Chair Kristie Loescher moves to accept the 2010-2011 budget, which includes a 2-day-a-week summer Texan. It is seconded by Mary Dunn. Motion carries. Tim Lott abstained from the vote. Tim Lott nominates Taylor Rush as the new recording secretary of the TSM Board. It is seconded by Wanda Cash. Motion carries. President Brennan Lawler adjourns the meeting at 2:03 p.m.

Beginning Balance Sep 10

Ending Balance December 10

14-0632-1251 TSM Faculty Staff Directory 2,767.00$ 2,767.00$

30-6267-4593 KVRX Radio Gifts 24,640.69$ 24,940.69$ 30-6267-4551 KVRX Radio Expense -$ 410.27

Balance 24,640.69$ 24,530.42$

30-6267-4693 TSM-Var. Donors, Var. Pur. Gifts 15,732.80$ 16,232.80$ 30-6267-4694 TSM-Var. Donors, Var. Pur. Inv Inc 1,098.06 1,098.06 30-6267-4670 TSM-Var. Donors, Var. Pur. Sch/Fellow. 500.00 30-6267-4656 TSM-Var. Donors, Var. Pur. Misc. Other

Balance 16,830.86$ 16,830.86$

30-6267-4793 TSTV Gift Account Income 412.23$ 412.23$ 30-6267-4751 TSTV Gift Account Expense -

Balance 412.23$ 412.23$

29-3290-7099 TSM Operations Reserve 195,871.32$ 210,377.19$ 36-7090-6551 TSM Renovation Account 11,148.10$ 9,970.90$ 36-0800-7007 TSM Capital Reserves 723,665.55 723,665.55

Balance 930,684.97$ 944,013.64$

Texas Student Media Accounts(other than operating budget)

Preliminary Financial Statements 5

6/13/11

% of FY = 33%Budget Budget Actual Actual Actual to Budget10/11 through Dec 10 through Dec 09 through Dec 10 % through Dec 10

EXPENSEAdmin & Prof Salaries 106,743 35,581 34,672 38,791 36%

Classified Professional Salaries 175,593 58,531 55,962 58,091 33%

Wages 65,520 23,309 28,236 36,029 55%

Fringe Benefits 104,508 34,836 33,000 37,580 36%

Other ExpenseComputer Maint. and Supplies 500 413 849 0 0%Credit Card Expense 11,000 3,194 3,388 4,001 36%Minor Equipment - - 0 0 0%Miscellaneous 1,500 931 482 10 1%Postage 100 - 0 0 0%Promotions/Surveys 10,000 147 126 297 3%Registration, Subsc & Dues 3,000 1,706 1,722 197 7%Stationery and Supplies 6,000 3,035 2,185 1,518 25%Telephone--Equipment 8,410 8,059 8,214 8,433 100%Telephone-Long Distance 100 17 9 33 33%

Total Other Expense 40,610 17,501 16,976 14,489 36%

Travel 1,000 - 0 0 0%

Allocation for Budget Adjustment - - 0 0 0%Total Expense 493,974 169,758 168,846 184,980 37%

Operating Income (Loss) (493,974) (169,758) (168,846) (184,980)

UT Administrative Expense (3.25%) (16,054) (5,076) (5,091) (6,243) 39%TSM Operating Reserves Transfer - - 0 0 0%UT Administrative Expense Return 5,488 2,123 5,091 6,243 114%

S&M Allocation to Units 504,540 172,711 168,846 184,980 37%

NET INCOME (LOSS) 0 0 0 (1)

Sales and Marketing


6/13/11


REVENUEYearbook Sales, Current Year 95,000 62,301 62,301 47,688 50%SSBC Allocation 7,379 2,460 2,675 2,603 35%Organization Page Sales 0 0 0 0 0%Portrait Rebates, Misc. 250 0 0 0 0%Prior Year Sales 1,500 754 777 79 5%Freshmen Directory 4,400 0 0 0 0%Advertising Income 15,000 0 0 0 0%

Total Revenue 123,529 65,514 65,753 50,369 41%

EXPENSEClassified Personnel Salaries 23,093 10,624 10,359 11,075 48%

Wages 24,975 10,057 12,000 12,180 49%

Fringe Benefits 6,887 2,988 2,880 3,188 46%

Other ExpenseCredit Card Discount 500 232 272 370 74%Meeting Expense 500 500 104 140 28%Miscellaneous Expense 50 50 35 0 0%Minor Equipment 0 0 0 0 0%Parking 264 264 668 0 0%Photo 1,000 879 505 2 0%Postage & Express Mail 0 0 0 27 0%Printing Expense 100 33 0 0 0%Promotions 5,000 544 630 390 8%Registration, Subsc & Dues 700 649 534 288 41%Stationery, Supplies, Services 1,000 154 118 396 40%Telephone-Equipment 594 594 1,069 475 80%Telephone-Long Distance 100 1 0 0 0%


Tuition & Fees 7,200 3,600 3,600 3,600 50%

Travel 0 0 0 0 0%

Allocation for Budget Adjustment 0 0 0 0 0%

Total Expense 71,963 31,169 32,773 32,131 45%

Operating Income (Loss) 51,566 34,345 32,981 18,238 35%

UT Administrative Expense (3.25%) (2,339) (872) (933) (694) 30%UT Administrative Expense Return 799 399 933 694 87%TSM Operating Reserves Transfer 0 0 0 0%General Overhead Allocation (28,863) (16,060) (12,087) (16,507) 57%

NET INCOME (LOSS) 21,163 17,812 20,893 1,731 8%

Cactus


6/13/11

General Overhead Sales & Marketing Daily Texan Cactus Travesty Supplemental Svcs. KVRX TSTV TSM Consolidatedthrough Dec 10 through Dec 10 through Dec 10 through Dec 10 through Dec 10 through Dec 10 through Dec 10 through Dec 10 through Dec 10

REVENUESSBC Allocation 101,471 2,603 2,770 0 23,078 27,607 157,529Advertising Sales Revenue 532,860 6,983 21,016 20,687 15,726 597,272Other Income 2,355 47,766 469 10,288 8,861 17,276 87,016

Total Revenue 0 0 636,686 50,369 10,221 31,305 52,626 60,609 841,816

EXPENSES

Admin & Prof Salaries 41,806 38,791 12,725 0 0 4,242 2,064 2,065 101,693

Classified Personnel Salaries 34,754 58,091 38,646 11,075 0 16,114 6,652 9,977 175,309

Wages 0 36,029 136,973 12,180 3,401 4,550 12,578 11,673 217,383

Fringe Benefits 32,882 37,580 34,665 3,188 19 9,443 0 0 117,778

Other Expense 127,797 14,489 158,149 2,088 4,759 4,552 7,270 10,154 329,258

Tuition & Fees 0 0 7,200 3,600 900 0 3,600 3,600 18,900 Travel 0 0 5,555 0 0 0 0 26 5,581

Allocation for Budget Adjustment 0 0 0 0 0 0 0 0 0

Total Expense 237,239 184,980 393,913 32,131 9,079 38,901 32,164 37,495 965,902

Operating Income (Loss) (237,239) (184,980) 242,773 18,238 1,142 (7,596) 20,462 23,113 (124,086)

UT Administrative Expense (3.25%) (3,933) (6,243) (7,795) (694) (76) (813) (86) (110) (19,751)UT Administrative Expense Return 3,933 6,243 7,795 694 76 803 86 110 19,741VPSA Allocation Transfer (67,791) (67,791)

General Overhead Allocation 305,029 0 (225,036) (16,507) (4,384) (21,036) (18,030) (20,036) 0Sales & Marketing Allocation 184,980 (164,395) 0 (1,665) (7,334) (6,623) (4,962) (0)Net Income from Media Units (191,886)

NET INCOME (LOSS) (191,886) (1) (146,658) 1,731 (4,907) (35,977) (4,191) (1,885) (191,887)

Depreciation Exp net of Cap Equip 19,323 19,323

ADDITION TO (USE OF) OPERATING RESERVES (172,563) (172,564)

Texas Student MediaConsolidated Income Statement


6/13/11

% of FY = 33%Budget Budget Actual Actual Actual to Budget10/11 through Dec 10 through Dec 09 through Dec 10 %through Dec 10

EXPENSE

Admin & Prof Salaries 81,402 41,272 44,307 41,806 51%

Classified Salaries 96,971 32,324 31,503 34,754 36%

Wages - - 0 0 0%

Fringe Benefits 84,752 30,088 29,208 32,882 39%

Other ExpenseBldg. Maint. and Repairs 250 100 213 0 0%Collection Expense 1,000 - 0 0 0%Computer Suppl/Mtn & Equipment 14,000 12,875 15,303 13,451 96%Depreciation Expense - - 17,823 19,323 0%Gasoline, Vehicle Maint. & Repair 750 54 77 310 41%Insurance 15,000 - 0 0 0%ITS Site Management Fee 53,699 57,000 97,033 53,699 100%Minor Equipment 500 - 0 0 0%Miscellaneous 779 (20) 934 1,294 166%Postage 6,500 2,179 2,210 1,180 18%Registration, Subscriptions & Dues 1,800 850 1,046 2,277 126%Parking Expense - 2,172 0%Service Contracts 7,300 2,048 2,037 2,923 40%Stationery and Supplies 5,000 1,523 1,661 985 20%Telephone-Equipment 3,649 2,964 3,919 3,696 101%Telephone-Long Distance 150 4 2 2 1%Utilities 70,000 13,854 11,676 26,484 38%


Travel 400 400 419 0 0%



UT Administrative Expense (3.25%) (14,427) (3,405) (6,945) (3,933) 27%TSM Operating Reserves Transfer - - 0 0 0%UT Administrative Expense Return 4,932 2,326 6,945 3,933 80%VPSA Allocation Transfer (67,256) (67,256) (25,705) (67,791) 101%GO Allocation to Units 520,653 265,848 285,077 305,029 59%Net Income (Loss) from Units 18,159 (136,926) (139,220) (191,886)

NET INCOME (LOSS) 18,159 (136,926) (139,220) (191,887)

Depreciation Expense net of Capitalized Equipment 17,823 19,323


General Overhead


6/13/11


REVENUEUnderwriting 35,000 13,957 11,957 20,687 59%Sponsored Public Service Annou. 15,000 4,718 4,457 4,080 27%Production 200 67 0 0 0%Web 0 0 0 0%Sales & Service 3,000 956 1,600 31 1%Tower Rental 11,400 3,374 3,800 4,750 42%SSBC Allocation 65,414 21,805 23,715 23,078 35%

Total Revenue 130,014 44,876 45,528 52,626 40%

EXPENSEAdmin. & Prof. Salaries 2,282 2,028 1,934 2,064 90%

Classified Personnel Salaries 28,368 11,048 6,172 6,652 23%

Wages--Student Employees 23,400 7,756 7,675 6,760 29%Wages--Professional Employees 5,538 2,265 2,809 657 12%Advertising Commissions 8,750 3,355 2,730 5,161 59%

Total Wages 37,688 13,375 13,213 12,578 33%

Fringe Benefits 3,036 - 0 0 0%

Other Expense

Maintenance 375 265 371 371 99%Meeting Expense 150 0 0 0 0%Minor Equipment 1,000 647 357 452 45%Parking 0 0 1,392 0 0%Printing-Call Letter 0 0 0 0 0%Promotion 3,000 211 159 1,795 60%Registration, Subsc, & Dues 2,000 560 425 843 42%Supplies and Services 1,300 1,088 1,328 162 12%Telephone-Equipment 2,578 2,487 2,937 2,686 104%Telephone-Long Distance 20 1 0 0 2%Utilities 3,500 1,016 996 961 27%


Tuition & Fees 7,200 3,600 3,600 3,600 50%

Travel 0 0 0 0 0%


Total Expense 92,497 36,326 32,885 32,164 35%


UT Administrative Expense (3.25%) (3,006) (253) (94) (86) 3%TSM Operating Reserves Transfer 0 0 0 0%UT Administrative Expense Return 1,028 991 94 86 8%Sales and Marketing Allocation (9,879) (2,900) (3,090) (6,623) 67%General Overhead Allocation (29,481) (16,502) (12,087) (18,030) 61%

NET INCOME (LOSS) (3,821) (10,114) (2,534) (4,191) 110%

KVRX


6/13/11


REVENUESSBC Allocation 446,509 148,836 161,875 157,529 35%Advertising Sales Revenue 1,664,000 626,644 606,563 597,272 36%Other Income 256,350 79,809 102,481 87,016 34%

Total Revenue 2,366,859 855,289 870,918 841,816 36%

EXPENSES



Wages 517,534 195,420 225,366 217,383 42%

Fringe Benefits 295,434 107,156 98,149 117,778 40%

Other Expense 698,663 287,403 378,853 329,258 47%

Tuition & Fees 43,680 19,745 17,700 18,900 43% Travel 12,420 5,693 5,868 5,581 45%


Total Expense 2,244,009 902,800 983,997 965,902 43%

Operating Income (Loss) 122,850 (47,511) (113,078) (124,086) -101%

UT Administrative Expense (3.25%) (72,931) (18,220) (20,259) (19,751) 27%VPSA Allocation Transfer (67,256) (67,256) (25,705) (67,791) 101%SSBC Reserve TransferTSM Operating Reserves Transfer 0 0 0 0 0%UT Administrative Expense Return 24,931 10,804 19,823 19,741 79%

NET INCOME (LOSS) 7,594 (122,183) (139,219) (191,887)



Texas Student MediaConsolidated Summary


6/13/11


REVENUEContract Printing/Miscellanious - 1,568 0 0%iPhone/Buys of Texas 10,000 2,000 0 1,092 11%Our Campus 45,000 23,625 23,007 19,924 44%Visitors Guide 10,000 0 22,158 10,000 100%Phone Directory Advertising 55,000 0 0 0 0%Photography Image Sales 3,000 1,634 803 288 10%SSBC Allocation 0 0 0 0 0%

Total Revenue 123,000 27,259 47,536 31,305 25%



Wages Printing Wages 0 0 0 0 0%Multi Media Wages 19,328 4,055 3,354 2,304 12%Advertising Commissions 5,500 2,714 2,216 1,838 33%Our Campus Wages 1,500 266 160 408 27%

Total Wages 26,328 7,036 5,730 4,550 17%

Fringe Benefits 19,639 8,440 4,920 9,443 48%

Other ExpenseDirectory Expense 0 0 0 0 0%Miscellaneous 1,000 1,000 729 277 28%Supplies & Services 1,000 333 0 0 0%Photo Expense. 200 0 0 0 0%Postage & Express Mail 0 0 0 0%Printing Expense 8,700 3,485 3,498 4,275 49% Total Other Expense 10,900 4,819 4,227 4,552 42%


Total Expense 83,527 45,288 35,794 38,901 47%

Operating Income (Loss) 39,473 (18,029) 11,742 (7,596) -19%

UT Administrative Expense (3.25%) (2,715) (750) (772) (813) 30%UT Administrative Expense Return 928 330 336 803 87%Sales and Marketing Allocation (14,819) (6,311) (7,034) (7,334) 49%General Overhead Allocation (35,273) (22,443) (27,139) (21,036) 60%

NET INCOME (LOSS) (12,406) (47,203) (22,867) (35,977) 290%

Supplemental Services


6/13/11


REVENUE

Local Display 850,000 291,820 221,509 238,710 28%Campus Advertising 150,000 40,935 41,623 39,397 26%

Local Advertising 1,000,000 332,754 263,132 278,106 28%

National AdvertisingNational Display-Reps 200,000 90,700 84,242 69,063 35%National Display-Other 220,000 125,524 113,575 91,219 41%

Total National Advertising 420,000 216,224 197,817 160,282 38%

Classified AdvertisingClassified-General 18,000 11,843 7,737 43%Classified-Display 12,000 - 6,874 10,087 84%

Total Classified Advertising 30,000 0 18,717 17,825 59%

Web AdvertisingLocal Web - 8,148 6,440 0%National Web - 10,000 16,085 0%Classified Web - 800 700 0%

Total Web Advertising 60,000 26,423 18,948 23,225 39%

DT Color - 43,783 53,423 0%

Bad Debt/Write-offs (3,000) - - - 0%

Total Advertising 1,507,000 575,401 542,397 532,860 35%

Subscriptions and Sales 1,800 170 235 2,355 131%

SSBC Allocation 287,615 95,872 104,270 101,471 35%

Other Sources 300 19 10 - 0%

Total Revenue 1,796,715 671,462 646,912 636,686 35%



WagesCirculation/Printing 13,835 15,067 11,799 8,620 62%Advertising Commissions 86,564 28,983 23,991 35,227 41%Editorial 214,476 78,135 112,775 93,126 43%

Total Wages 314,875 122,185 148,565 136,973 44%

Fringe Benefits 73,541 30,792 28,130 34,665 47%

Other Expense

Computer Maint & Supplies 250 250 206 - 0%Coupon Books - - - - 0%Minor Equipment 2,500 833 - - 0%Miscellaneous 1,000 150 110 91 9%Service Contracts - - - 0%Telephone-Equipment 9,566 9,440 11,887 10,090 105%Telephone-Long Distance 300 38 27 119 40%

Editorial ExpenseCamera Repair 4,000 - - 1,245 31%

The Daily Texan


6/13/11

Features 5,000 1,290 1,208 1,208 24%Meeting Expense 3,000 1,329 1,417 1,298 43%Parking 1,494 1,494 4,065 - 0%Photo Supplies 4,200 3,196 2,730 881 21%Registration, Subsc and Dues 3,000 1,663 3,347 1,146 38%Stationery and Supplies 3,000 1,201 1,721 774 26%Wire Service 11,038 4,486 10,372 8,407 76%

Total Editorial Expense 34,732 14,660 24,860 14,960 43%

Circulation/Printing ExpenseBound Volumes 1,400 546 1,215 - 0%Equipment Maintenance - - - 0%Gasoline, Vehicle Maint. - 671 2,162 0%Ink - - - 0%Printing Expense 320,000 120,303 133,714 128,149 40%Newsracks - - - - 0%Postage and Mail-Outs 17,000 4,406 4,008 2,578 15%Outsourcing of Delivery 35,400 - 0%Production Supplies - - - - 0%Spare Parts, Repairs & Maint. - - - - 0%Uniforms/Towels - - - - 0%

Total Printing Expense 373,800 125,255 139,608 132,889 36%


Tuition & Fees 20,280 8,045 7,200 7,200 36%

Travel

Circulation 2,520 2,748 2,772 2,520 100%Editorial 8,000 2,491 2,619 2,390 30%Photography - - - - 0%Conference-Student 500 54 57 645 129%Conference-Professional - - - - 0%

Total Travel 11,020 5,293 5,448 5,555 50%

Allocation for Budget Adjustment - - - 0%Total Expense 936,940 371,204 407,086 393,913 42%


UT Administrative Expense (3.25%) (30,451) (7,289) (6,193) (7,795) 26%UT Administrative Expense Return 10,409 3,860 6,193 7,795 75%TSM Operating Reserves Transfer - - - - 0%Sales and Marketing Allocation (444,577) (151,255) (151,287) (164,395) 37%General Overhead Allocation (386,108) (224,112) (218,141) (225,036) 58%

NET INCOME (LOSS) 9,048 (78,538) (129,601) (146,658) -1621%


6/13/11


REVENUEAdvertising/Underwriting 42,000 19,005 17,261 15,726 37%Class Fees 8,000 4,831 5,531 9,060 113%Production 23,000 390 95 7,696 33%Web 0 0 0 0%Kids Camp 8,000 0 0 0 0%Sales and Services 1,000 415 400 520 52%SSBC Allocation 78,250 26,083 28,368 27,607 35% Total Revenue 160,250 50,723 51,655 60,609 38%




Total Wages 36,849 15,254 14,072 11,673 32%

Fringe Benefits 3,036 0 0 0 0%

Other ExpenseEquipment 475 475 1,222 530 112%Kids Camp 0 0 0 0 0%Maintenance and Repairs 1,200 456 680 1,200 100%Minor Equipment 1,200 501 493 2,297 191%Miscellaneous 1,000 617 1,000 46 5%Other Services Expense 500 65 38 794 159%Parking 175 175 501 0 0%Postage & Express Mail 50 0 0 0 0%Promotion 350 143 261 0 0%Registration, Subsc & Dues 1,600 965 922 506 32%Supplies and Services 1,100 148 172 672 61%Telephone-Equipment 2,633 2,614 3,351 3,436 130%Telephone-Long Distance 30 5 3 3 9%Video Tapes 600 231 207 671 112%


Tuition & Fees 7,200 3,600 2,400 3,600 50%

Travel 0 0 0 26 0%


Total Expenses 98,090 41,968 36,513 37,495 38%


UT Administrative Expense (3.25%) (3,188) (340) (109) (110) 3%SSBC Reserves Transfer 0 0 0 0%TSM Operating Reserves Transfer 0 0 0 0%UT Administrative Expense Return 1,090 679 109 110 10%Sales and Marketing Allocation (14,819) (5,248) (4,775) (4,962) 33%General Overhead Allocation (32,946) (18,629) (12,857) (20,036) 61%

NET INCOME (LOSS) 12,297 (14,784) (2,490) (1,885) -15%

TSTV


6/13/11


REVENUEAdvertising 25,000 11,661 10,373 6,983 28%Miscellaneous 500 181 314 469 94%SSBC Allocation 7,851 2,617 2,846 2,770 35%

Total Revenue 33,351 14,460 13,533 10,221 31%

EXPENSEClassified Personnel Salaries - 0 0 0 0%

Wages--Student Employees 6,300 2,463 2,580 2,820 45%Advertising Commissions 5,000 1,741 970 581 12%

Total Wages 11,300 4,204 3,550 3,401 30%

Fringe Benefits 37 12 11 19 51%

Other ExpenseParking 0 0 334 0 0%Printing 9,000 3,554 4,102 4,525 50%Promotion 500 500 1,283 0 0%Supplies and Services 250 172 315 0 0%Telephone Equipment 234 234 234 234 100% Total Other Expense 9,984 4,460 6,268 4,759 48%

Tuition 1,800 900 900 900 50%


Total Expense 23,121 9,575 10,729 9,079 39%


UT Administrative Expense (3.25%) (751) (235) (122) (76) 10%UT Administrative Expense Return 257 96 122 76 30%TSM Operating Reserves Transfer 0 0 0 0%Sales and Marketing Allocation (9,879) (3,643) (2,660) (1,665) 17%General Overhead Allocation (7,982) (5,202) (2,765) (4,384) 55%

NET INCOME (LOSS) (8,125) (4,100) (2,621) (4,907) 60%

TEXAS TRAVESTY

Beginning Balance Sep 10

Ending Balance January 11

14-0632-1251 TSM Faculty Staff Directory 2,767.00$ 2,767.00$

30-6267-4593 KVRX Radio Gifts 24,640.69$ 24,940.69$ 30-6267-4551 KVRX Radio Expense -$ 416.45

Balance 24,640.69$ 24,524.24$

30-6267-4693 TSM-Var. Donors, Var. Pur. Gifts 15,732.80$ 16,232.80$ 30-6267-4694 TSM-Var. Donors, Var. Pur. Inv Inc 1,098.06 1,098.06 30-6267-4670 TSM-Var. Donors, Var. Pur. Sch/Fellow. 500.00 30-6267-4656 TSM-Var. Donors, Var. Pur. Misc. Other

Balance 16,830.86$ 16,830.86$

30-6267-4793 TSTV Gift Account Income 412.23$ 11,228.89$ 30-6267-4751 TSTV Gift Account Expense -

Balance 412.23$ 11,228.89$

29-3290-7099 TSM Operations Reserve 195,871.32$ 210,377.19$ 36-7090-6551 TSM Renovation Account 11,148.10$ 9,970.90$ 36-0800-7007 TSM Capital Reserves 723,665.55 723,665.55

Balance 930,684.97$ 944,013.64$

Texas Student Media Accounts(other than operating budget)


6/13/11

% of FY = 42%Budget Budget Actual Actual Actual to Budget10/11 through Jan 11 through Jan 10 through Jan 11 % through Jan 11



Wages 65,520 28,045 33,973 44,242 68%

Fringe Benefits 104,508 43,545 40,968 46,066 44%

Other ExpenseComputer Maint. and Supplies 500 461 948 0 0%Credit Card Expense 11,000 3,840 4,074 4,687 43%Minor Equipment - - 0 0 0%Miscellaneous 1,500 1,000 518 130 9%Postage 100 85 62 0 0%Promotions/Surveys 10,000 1,131 976 297 3%Registration, Subsc & Dues 3,000 1,761 1,776 230 8%Stationery and Supplies 6,000 3,203 2,306 1,584 26%Telephone--Equipment 8,410 8,341 8,502 8,433 100%Telephone-Long Distance 100 21 11 35 35%


Travel 1,000 255 167 0 0%



UT Administrative Expense (3.25%) (16,054) (6,467) (6,485) (7,541) 47%TSM Operating Reserves Transfer - - 0 0 0%UT Administrative Expense Return 5,488 2,704 6,485 7,541 137%

S&M Allocation to Units 504,540 213,089 208,069 223,446 44%

NET INCOME (LOSS) 0 0 0 (3)

Sales and Marketing


6/13/11


REVENUEYearbook Sales, Current Year 95,000 79,807 79,807 48,355 51%SSBC Allocation 7,379 3,075 3,344 3,200 43%Organization Page Sales 0 0 0 0 0%Portrait Rebates, Misc. 250 0 0 0 0%Prior Year Sales 1,500 982 1,013 236 16%Freshmen Directory 4,400 0 0 0 0%Advertising Income 15,000 0 0 0 0%

Total Revenue 123,529 83,864 84,164 51,791 42%

EXPENSEClassified Personnel Salaries 23,093 12,695 12,949 13,108 57%

Wages 24,975 12,498 14,912 14,726 59%

Fringe Benefits 6,887 3,578 3,612 3,873 56%

Other ExpenseCredit Card Discount 500 262 307 413 83%Meeting Expense 500 500 104 140 28%Miscellaneous Expense 50 50 35 0 0%Minor Equipment 0 0 0 0 0%Parking 264 264 668 264 100%Photo 1,000 879 505 2 0%Postage & Express Mail 0 0 0 38 0%Printing Expense 100 42 0 0 0%Promotions 5,000 544 630 390 8%Registration, Subsc & Dues 700 649 534 288 41%Stationery, Supplies, Services 1,000 154 118 914 91%Telephone-Equipment 594 594 1,069 475 80%Telephone-Long Distance 100 1 0 0 0%


Tuition & Fees 7,200 3,600 3,600 7,200 100%

Travel 0 0 0 0 0%


Total Expense 71,963 36,309 39,042 41,830 58%


UT Administrative Expense (3.25%) (2,339) (1,067) (1,142) (908) 39%UT Administrative Expense Return 799 488 1,142 908 114%TSM Operating Reserves Transfer 0 0 0 0%General Overhead Allocation (28,863) (17,968) (13,523) (18,032) 62%

NET INCOME (LOSS) 21,163 29,008 31,598 (8,071) -38%

Cactus


6/13/11

General Overhead Sales & Marketing Daily Texan Cactus Travesty Supplemental Svcs. KVRX TSTV TSM Consolidatedthrough Jan 11 through Jan 11 through Jan 11 through Jan 11 through Jan 11 through Jan 11 through Jan 11 through Jan 11 through Jan 11

REVENUESSBC Allocation 124,739 3,200 3,405 0 28,370 33,937 193,651Advertising Sales Revenue 612,919 6,983 21,016 22,247 17,105 680,269Other Income 2,763 48,591 571 10,835 10,713 19,223 92,696

Total Revenue 0 0 740,420 51,791 10,958 31,852 61,330 70,265 966,616

EXPENSES

Admin & Prof Salaries 49,105 47,520 14,190 0 0 4,730 2,294 2,296 120,135

Classified Personnel Salaries 42,679 70,226 44,540 13,108 0 17,999 8,625 12,622 209,799

Wages 0 44,242 154,003 14,726 4,121 5,117 14,774 13,741 250,723

Fringe Benefits 40,352 46,066 41,819 3,873 24 10,844 0 0 142,978

Other Expense 135,643 15,395 192,879 2,923 4,759 4,552 7,684 11,976 375,812

Tuition & Fees 0 0 14,400 7,200 1,800 0 7,200 7,200 37,800 Travel 0 0 7,226 0 0 0 0 51 7,278

Allocation for Budget Adjustment 0 0 0 0 0 0 0 0 0

Total Expense 267,780 223,449 469,057 41,830 10,704 43,242 40,577 47,886 1,144,524

Operating Income (Loss) (267,780) (223,449) 271,363 9,961 254 (11,390) 20,753 22,379 (177,908)

UT Administrative Expense (3.25%) (5,027) (7,541) (9,012) (908) (100) (1,070) (87) (121) (23,866)UT Administrative Expense Return 5,027 7,541 9,012 908 100 1,060 87 121 23,856VPSA Allocation Transfer (67,791) (67,791)

General Overhead Allocation 335,571 0 (248,195) (18,032) (4,701) (21,711) (20,267) (22,665) 0Sales & Marketing Allocation 223,446 (201,500) 0 (1,665) (7,334) (7,346) (5,601) 0Net Income from Media Units (245,707)

NET INCOME (LOSS) (245,707) (3) (178,332) (8,071) (6,112) (40,445) (6,860) (5,887) (245,709)

Depreciation Exp net of Cap Equip 21,099 21,099


Texas Student MediaConsolidated Income Statement


6/13/11

% of FY = 42%Budget Budget Actual Actual Actual to Budget10/11 through Jan 11 through Jan 10 through Jan 11 %through Jan 11

EXPENSE


Classified Salaries 96,971 40,405 39,380 42,679 44%

Wages - - 0 0 0%

Fringe Benefits 84,752 36,970 35,308 40,352 48%

Other ExpenseBldg. Maint. and Repairs 250 114 243 0 0%Collection Expense 1,000 - 0 0 0%Computer Suppl/Mtn & Equipment 14,000 13,815 16,421 13,451 96%Depreciation Expense - - 22,698 21,099 0%Gasoline, Vehicle Maint. & Repair 750 290 415 435 58%Insurance 15,000 - 0 0 0%ITS Site Management Fee 53,699 57,000 97,033 53,699 100%Minor Equipment 500 - 0 0 0%Miscellaneous 779 42 (1,993) 1,294 166%Postage 6,500 2,483 2,519 1,324 20%Registration, Subscriptions & Dues 1,800 897 1,104 2,882 160%Parking Expense - 240 0%Service Contracts 7,300 3,287 3,269 3,522 48%Stationery and Supplies 5,000 1,963 2,141 1,074 21%Telephone-Equipment 3,649 2,964 3,919 3,696 101%Telephone-Long Distance 150 5 2 2 2%Utilities 70,000 22,904 19,302 32,924 47%


Travel 400 400 419 0 0%



UT Administrative Expense (3.25%) (14,427) (3,878) (7,910) (5,027) 35%TSM Operating Reserves Transfer - - 0 0 0%UT Administrative Expense Return 4,932 2,649 7,910 5,027 102%VPSA Allocation Transfer (67,256) (67,256) (25,705) (67,791) 101%GO Allocation to Units 520,653 300,784 318,936 335,571 64%Net Income (Loss) from Units 18,159 (125,681) (144,227) (245,707)

NET INCOME (LOSS) 18,159 (125,681) (144,227) (245,707)



General Overhead


6/13/11


REVENUEUnderwriting 35,000 17,692 12,092 22,247 64%Sponsored Public Service Annou. 15,000 5,345 5,049 4,959 33%Production 200 83 0 0 0%Web 0 0 0 0%Sales & Service 3,000 992 1,660 54 2%Tower Rental 11,400 4,217 4,750 5,700 50%SSBC Allocation 65,414 27,256 29,643 28,370 43%

Total Revenue 130,014 55,585 53,194 61,330 47%




Total Wages 37,688 15,730 15,595 14,774 39%


Other Expense

Maintenance 375 265 371 371 99%Meeting Expense 150 0 0 0 0%Minor Equipment 1,000 647 357 452 45%Parking 0 0 1,392 0 0%Printing-Call Letter 0 0 0 0 0%Promotion 3,000 211 159 1,795 60%Registration, Subsc, & Dues 2,000 718 545 964 48%Supplies and Services 1,300 1,091 1,332 162 12%Telephone-Equipment 2,578 2,517 2,973 2,722 106%Telephone-Long Distance 20 2 1 0 2%Utilities 3,500 1,263 1,239 1,218 35%


Tuition & Fees 7,200 3,600 3,600 7,200 100%

Travel 0 0 0 0 0%


Total Expense 92,497 42,009 37,511 40,577 44%


UT Administrative Expense (3.25%) (3,006) (256) (95) (87) 3%TSM Operating Reserves Transfer 0 0 0 0%UT Administrative Expense Return 1,028 1,004 95 87 8%Sales and Marketing Allocation (9,879) (2,967) (3,161) (7,346) 74%General Overhead Allocation (29,481) (18,462) (13,523) (20,267) 69%

NET INCOME (LOSS) (3,821) (7,105) (1,000) (6,860) 180%

KVRX


6/13/11


REVENUESSBC Allocation 446,509 186,045 202,343 193,651 43%Advertising Sales Revenue 1,664,000 741,771 679,666 680,269 41%Other Income 256,350 99,569 130,275 92,696 36%

Total Revenue 2,366,859 1,027,386 1,012,285 966,616 41%

EXPENSES



Wages 517,534 222,963 258,465 250,723 48%

Fringe Benefits 295,434 131,718 120,811 142,978 48%

Other Expense 698,663 315,617 407,722 375,812 54%

Tuition & Fees 43,680 19,745 17,700 37,800 87% Travel 12,420 6,442 6,786 7,278 59%


Total Expense 2,244,009 1,042,791 1,130,240 1,144,524 51%

Operating Income (Loss) 122,850 (15,405) (117,955) (177,908) -145%

UT Administrative Expense (3.25%) (72,931) (22,102) (24,387) (23,866) 33%VPSA Allocation Transfer (67,256) (67,256) (25,705) (67,791) 101%SSBC Reserve TransferTSM Operating Reserves Transfer 0 0 0 0 0%UT Administrative Expense Return 24,931 12,779 23,820 23,856 96%

NET INCOME (LOSS) 7,594 (91,984) (144,227) (245,709)



Texas Student MediaConsolidated Summary


6/13/11


REVENUEContract Printing/Miscellanious - 2,352 0 0%iPhone/Buys of Texas 10,000 2,177 0 1,092 11%Our Campus 45,000 20,643 23,007 19,924 44%Visitors Guide 10,000 0 27,698 10,000 100%Phone Directory Advertising 55,000 0 0 0 0%Photography Image Sales 3,000 1,702 836 835 28%SSBC Allocation 0 0 0 0 0%

Total Revenue 123,000 24,522 53,893 31,852 26%



Wages Printing Wages 0 0 0 0 0%Multi Media Wages 19,328 6,333 5,238 2,856 15%Advertising Commissions 5,500 2,714 2,216 1,838 33%Our Campus Wages 1,500 383 230 423 28%

Total Wages 26,328 9,430 7,684 5,117 19%

Fringe Benefits 19,639 9,987 6,157 10,844 55%

Other ExpenseDirectory Expense 0 0 0 0 0%Miscellaneous 1,000 1,000 729 277 28%Supplies & Services 1,000 417 0 0 0%Photo Expense. 200 0 0 0 0%Postage & Express Mail 0 0 0 0%Printing Expense 8,700 3,485 3,498 4,275 49% Total Other Expense 10,900 4,902 4,227 4,552 42%


Total Expense 83,527 51,837 44,214 43,242 52%

Operating Income (Loss) 39,473 (27,316) 9,679 (11,390) -29%

UT Administrative Expense (3.25%) (2,715) (964) (993) (1,070) 39%UT Administrative Expense Return 928 418 426 1,060 114%Sales and Marketing Allocation (14,819) (6,311) (7,034) (7,334) 49%General Overhead Allocation (35,273) (25,109) (30,363) (21,711) 62%

NET INCOME (LOSS) (12,406) (59,281) (28,285) (40,445) 326%

Supplemental Services


6/13/11


REVENUE

Local Display 850,000 340,545 253,078 272,287 32%Campus Advertising 150,000 55,798 52,002 48,738 32%

Local Advertising 1,000,000 396,342 305,081 321,026 32%

National AdvertisingNational Display-Reps 200,000 114,547 90,371 78,495 39%National Display-Other 220,000 126,402 127,547 106,710 49%

Total National Advertising 420,000 240,949 217,919 185,206 44%

Classified AdvertisingClassified-General 18,000 7,445 15,455 9,832 55%Classified-Display 12,000 4,845 7,701 11,570 96%

Total Classified Advertising 30,000 12,290 23,156 21,403 71%

Web AdvertisingLocal Web - 8,958 8,859 0%National Web - 10,665 17,548 0%Classified Web - 1,050 950 0%

Total Web Advertising 60,000 23,470 20,673 27,357 46%

DT Color - 48,758 57,928 0%

Bad Debt/Write-offs (3,000) - - - 0%

Total Advertising 1,507,000 673,052 615,586 612,919 41%

Subscriptions and Sales 1,800 504 696 2,763 153%

SSBC Allocation 287,615 119,840 130,338 124,739 43%

Other Sources 300 28 15 - 0%

Total Revenue 1,796,715 793,423 746,635 740,420 41%



WagesCirculation/Printing 13,835 15,067 14,095 8,620 62%Advertising Commissions 86,564 34,681 28,708 40,607 47%Editorial 214,476 85,603 123,555 104,776 49%

Total Wages 314,875 135,351 166,358 154,003 49%

Fringe Benefits 73,541 37,218 34,752 41,819 57%

Other Expense

Computer Maint & Supplies 250 250 206 - 0%Coupon Books - - - - 0%Minor Equipment 2,500 1,042 - - 0%Miscellaneous 1,000 163 120 91 9%Service Contracts - - - 0%Telephone-Equipment 9,566 9,463 11,915 10,209 107%Telephone-Long Distance 300 51 37 128 43%

Editorial ExpenseCamera Repair 4,000 - - 1,614 40%

The Daily Texan


6/13/11

Features 5,000 1,656 1,551 1,551 31%Meeting Expense 3,000 1,329 1,417 1,298 43%Parking 1,494 1,494 4,065 1,493 100%Photo Supplies 4,200 3,196 2,730 881 21%Registration, Subsc and Dues 3,000 1,853 3,729 1,274 42%Stationery and Supplies 3,000 1,201 1,721 980 33%Wire Service 11,038 5,607 12,966 10,508 95%

Total Editorial Expense 34,732 16,338 28,178 19,599 56%

Circulation/Printing ExpenseBound Volumes 1,400 546 1,215 - 0%Equipment Maintenance - - - 0%Gasoline, Vehicle Maint. - 2,616 2,393 0%Ink - - - 0%Printing Expense 320,000 127,014 141,173 154,878 48%Newsracks - - - - 0%Postage and Mail-Outs 17,000 4,605 4,189 5,583 33%Outsourcing of Delivery 35,400 4,000 - - 0%Production Supplies - - - - 0%Spare Parts, Repairs & Maint. - - - - 0%Uniforms/Towels - - - - 0%

Total Printing Expense 373,800 136,165 149,193 162,853 44%


Tuition & Fees 20,280 8,045 7,200 14,400 71%

Travel

Circulation 2,520 2,748 3,003 2,520 100%Editorial 8,000 2,986 3,139 3,731 47%Photography - - - - 0%Conference-Student 500 54 57 976 195%Conference-Professional - - - - 0%

Total Travel 11,020 5,788 6,200 7,226 66%

Allocation for Budget Adjustment - - - 0%Total Expense 936,940 413,189 455,941 469,057 50%


UT Administrative Expense (3.25%) (30,451) (8,829) (7,501) (9,012) 30%UT Administrative Expense Return 10,409 4,675 7,501 9,012 87%TSM Operating Reserves Transfer - - - - 0%Sales and Marketing Allocation (444,577) (189,692) (189,732) (201,500) 45%General Overhead Allocation (386,108) (250,730) (244,049) (248,195) 64%

NET INCOME (LOSS) 9,048 (64,342) (143,088) (178,332) -1971%


6/13/11


REVENUEAdvertising/Underwriting 42,000 17,209 18,608 17,105 41%Class Fees 8,000 4,831 5,531 10,950 137%Production 23,000 431 105 7,696 33%Web 0 0 0 0%Kids Camp 8,000 0 0 0 0%Sales and Services 1,000 466 449 578 58%SSBC Allocation 78,250 32,604 35,460 33,937 43% Total Revenue 160,250 55,541 60,154 70,265 44%




Total Wages 36,849 17,056 15,714 13,741 37%


Other ExpenseEquipment 475 475 1,222 530 112%Kids Camp 0 0 0 0 0%Maintenance and Repairs 1,200 456 680 1,200 100%Minor Equipment 1,200 501 493 2,552 213%Miscellaneous 1,000 622 1,009 320 32%Other Services Expense 500 65 38 1,054 211%Parking 175 175 501 175 100%Postage & Express Mail 50 0 0 0 0%Promotion 350 143 261 585 167%Registration, Subsc & Dues 1,600 1,024 977 562 35%Supplies and Services 1,100 213 247 888 81%Telephone-Equipment 2,633 2,614 3,351 3,436 130%Telephone-Long Distance 30 8 6 3 10%Video Tapes 600 231 207 671 112%


Tuition & Fees 7,200 3,600 2,400 7,200 100%

Travel 0 0 0 51 0%


Total Expenses 98,090 47,594 40,819 47,886 49%


UT Administrative Expense (3.25%) (3,188) (364) (117) (121) 4%SSBC Reserves Transfer 0 0 0 0%TSM Operating Reserves Transfer 0 0 0 0%UT Administrative Expense Return 1,090 727 117 121 11%Sales and Marketing Allocation (14,819) (6,026) (5,483) (5,601) 38%General Overhead Allocation (32,946) (20,842) (14,384) (22,665) 69%

NET INCOME (LOSS) 12,297 (18,559) (532) (5,887) -48%

TSTV


6/13/11


REVENUEAdvertising 25,000 10,999 10,373 6,983 28%Miscellaneous 500 181 314 571 114%SSBC Allocation 7,851 3,271 3,558 3,405 43%

Total Revenue 33,351 14,452 14,245 10,958 33%

EXPENSEClassified Personnel Salaries - 0 0 0 0%

Wages--Student Employees 6,300 3,112 3,260 3,540 56%Advertising Commissions 5,000 1,741 970 581 12%

Total Wages 11,300 4,853 4,230 4,121 36%

Fringe Benefits 37 15 14 24 65%

Other ExpenseParking 0 0 334 0 0%Printing 9,000 3,554 4,102 4,525 50%Promotion 500 500 1,283 0 0%Supplies and Services 250 172 315 0 0%Telephone Equipment 234 234 234 234 100% Total Other Expense 9,984 4,460 6,268 4,759 48%

Tuition 1,800 900 900 1,800 100%


Total Expense 23,121 10,228 11,412 10,704 46%

Operating Income (Loss) 10,230 4,224 2,833 254 2%

UT Administrative Expense (3.25%) (751) (277) (144) (100) 13%UT Administrative Expense Return 257 113 144 100 39%TSM Operating Reserves Transfer 0 0 0 0%Sales and Marketing Allocation (9,879) (3,643) (2,660) (1,665) 17%General Overhead Allocation (7,982) (5,819) (3,094) (4,701) 59%

NET INCOME (LOSS) (8,125) (5,402) (2,921) (6,112) 75%

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