New Jersey Institute of Technology
FY2010 Budget
7/16/2009
New Jersey Institute of Technology
FY2010 Budget Overview
¾ $3.0 million in Federal (one-time) stimulus funds, restoring FY10 Governor’s
proposed appropriation reduction and resulting in an increase of $752K above
the adjusted FY09 appropriation
¾ Enrollment increase resulting in $6.1 million of additional tuition & fee revenue
¾ $3.2 million in additional tuition & fee revenue generated from a 3% academic
year tuition and required fee increase
¾ 17% increase in student awards consistent with Strategic Priority-Be nationally
recognized for attracting high achieving students
¾ Implement an FY10 faculty recruitment plan (result of Faculty Separation
Incentive Plan; reallocation; new program enrollment demand) that includes 23
faculty hires, including start-up packages that total $2.2 million
¾ No State funding of FY10 salary program (3.5% ATB delayed to 1/1/11; 1.75%
merit 7/1/09)
New Jersey Institute of Technology
FY2010 Budget Overview (cont.)
¾ Includes $2.7 million in State-mandated personnel expenditure
reductions
¾ Residence hall rate increase of 3.0%
¾ Projected 6% increase ($535K) in utilities
¾ Additional $3.0 million to support facility projects for a total of
$6.0 million
¾ 5% continued steady growth in restricted grants and contracts
FY10-FY12 Projected Salary Increase Obligation
Based on FY10 Appropriation Language
Fiscal Year
Period
July 1
ATB
1‐Jan
Merit
FY10
July 1, 2009‐
June 30, 2010
0.00%
1.75%
FY11*
July 1, 2010‐
June 30, 2011
3.50%
1.75%
FY12**
July 1, 2011‐
June 30, 2012
1.75%
1.75%
* Includes half of FY10 delayed ATB
** Includes remaining half of FY10 delayed ATB; does not include ATB adjustment for new contracts
ATB
Annualized Merit
Total
1.75%
1.75%
7.00%
3.50%
New Jersey Institute of Technology
FY2010 Budget Development
Scorecard @ 7/5/09
($000's)
Group:
1)
FY09 Mid‐Year Adjusted Budget
FY2010 Adjustments
State Appropriation
State Salary Program
Subtotal Appropriation
Revenue Budget
$206,630
Personnel Budget
$130,813
Non Personnel Budget
$75,817
Total Expense Budget
$206,630
Net Change
$0
$752
$0
$752
$752
$0
$752
$0
$0
$0
$0
$0
2)
Subtotal Enrollment Change
$6,138
$0
$0
$0
$6,138
3)
Subtotal Tuition & Required Fee Rate Change
$3,248
$0
$0
$0
$3,248
4)
Subtotal Other Tuition
$123
$0
$0
$0
$123
5)
Subtotal FY08 Carryforward to FY09 Recurring
($4,898)
$0
$0
$0
($4,898)
6)
Residence Halls
FY2009 Year End Fund Balance Carryforward
Per Occurance Fees ‐ Changes to Base
Auxiliaries
EMBA Program
Unrestricted Giving
Architecture Exam
Indirect Cost Recovery
Investment Income
CPE & Research Business Centers ‐ Revenue U
Subtotal Other Revenue Sources
$384
TBD
($93)
$100
($300)
$400
($27)
$378
($700)
($635)
($493)
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$384
$0
($93)
$100
($300)
$400
($27)
$378
($700)
($635)
($493)
6)
$0
Revenue Budget
7)
FY10 Salary Program
8)
8)
FY10 Faculty Commitments ‐ Salary
FY10 New Faculty Not Current Committed ‐ Salary
FY10 Faculty Vacancies
Instructional Reserve
FY09 One‐Time Supplemental Adjuncts
CPE & Research Business Centers ‐ Personnel U
Salary Turnover
Hourly Students
Students ‐ Redsitribution of Start Up & Operating Accounts to OTP Budgets
Hourly / Temporary Staff
FY09 Sabbatical Reversal
FY10 Sabbatical Savings
Subtotal Other Salary Adjustments
9)
State Mandated Personnel Costs
10)
Subtotal FY08 Carryforward to FY09 One‐Time
$0
Personnel Budget
Non Personnel Budget
Net Change
$1,535
$1,535
($1,535)
$1,488
$252
($1,274)
$600
($400)
$95
($400)
($102)
($450)
($67)
$278
($125)
($105)
$1,488
$252
($1,274)
$600
($400)
$95
($400)
($102)
($450)
($67)
$278
($125)
($105)
($1,488)
($252)
$1,274
($600)
$400
($95)
$400
$102
$450
$67
($278)
$125
$105
($2,700)
$2,700
($1,775)
$1,775
$0
($2,700)
$0
Total Expense Budget
$0
($1,775)
Revenue Budget
11)
11)
Reclass FY09 FSIP Start ‐ Up Budget to Salary
FY10 Start ‐ Up Budget
FY10 Faculty Commitments ‐ Start Up
FY10 New Faculty Not Current Committed ‐ Start Up
FY09 One‐Time Supplemental Adjuncts
Students ‐ Redsitribution of Start Up & Operating Accounts from Personnel Budgets
Student Awards
Student Awards ‐ UG Tuition Increase
Student Awards ‐ GR Tuition Increase
CPE & Research Business Centers ‐ Expense U
Facilities Projects
Big Bear Solar Observatory
EMBA Program
Transfers to the Foundation at NJIT
Learning Center
Utilities
Debt Service
University Advancement Campaign/Marketing
SOA New Programs
University Reserve
Subtotal General Non Personnel
12)
Supplemental Contingency Budget
Total Adjustments
Prior Year Allocated Balance
Total FY2010 Budget
Restricted Budget
TOTAL
$0
$4,870
$2,408
$213,908
$71,222
$285,130
Personnel Budget
$0
($1,270)
$129,543
Non Personnel Budget
Total Expense Budget
Net Change
($750)
($415)
$397
$67
$400
($750)
($415)
$397
$67
$400
$750
$415
($397)
($67)
($400)
$450
$2,279
$172
$107
($824)
$3,000
$31
($300)
$400
$25
$535
$230
$57
($190)
$407
$6,078
$450
$2,279
$172
$107
($824)
$3,000
$31
($300)
$400
$25
$535
$230
$57
($190)
$407
$6,078
($450)
($2,279)
($172)
($107)
$824
($3,000)
($31)
$300
($400)
($25)
($535)
($230)
($57)
$190
($407)
($6,078)
$1,837
$1,837
($1,837)
$6,140
$2,408
$84,365
$4,870
$2,408
213,908
$71,222
$285,130
$0
$0
New Jersey Institute of Technology
FY2010 Revenue Operating Budget
FY2008
Committed
INCOME DETAIL - UNRESTRICTED OPERATIONS
REGULAR TUITION
REGULAR FEES
OTHER TUITION
SUBTOTAL REGULAR TUITION
STATE APPROPRIATIONS:
STATE APPROPRIATION
SALARY PROGRAM
STATE SUPPORTED FRINGES
TOTAL STATE APPROPRIATIONS
OTHER SOURCES:
OTHER FEES & ASSESSMENTS
INVESTMENTS & UNRESTRICTED GIVING
AUXILIARIES
NON-RECURRING CARRYFORWARD SAVINGS
ALLOCATED BALANCES
UNRESTRICTED RESEARCH ACTIVITIES
SUBTOTAL OTHER SOURCES
TOTAL REVENUE - CURRENT OPERATIONS
RESTRICTED PROGRAMS (NET OF OPERATIONS)
TOTAL OPERATING INCOME BUDGET
FY2009
Projected
Commitments
FY2010
Proposed
Budget
81,285
11,361
2,854
95,499
89,860
13,884
2,592
106,336
98,252
15,182
1,533
114,967
48,490
607
22,020
71,117
42,685
1,273
23,791
67,748
45,134
24,136
69,270
2,116
3,008
12,210
2,133
2,302
12,454
1,885
1,600
12,744
2,752
11,121
31,208
197,824
64,439
262,263
1,300
11,267
29,457
203,541
67,830
271,371
2,408
11,034
29,671
213,908
71,222
285,130
New Jersey Institute of Technology
FY2010 Expense Operating Budget
FY2008
ACADEMIC & PROGRAM AREA SALARIES
ACADEMIC & PROGRAM AREA FRINGE BENEFITS
TOTAL ACADEMIC AREA
SUPPORT AREA SALARIES
SUPPORT AREA FRINGE BENEFITS
TOTAL SUPPORT AREA
TOTAL PERSONNEL
Committed
77,073
20,495
97,569
19,666
5,230
24,896
122,464
FY2009
Projected
Commitments
80,222
22,377
102,599
20,257
5,650
25,907
128,506
FY2010
Proposed
Budget
81,000
22,741
103,741
19,426
5,742
25,168
128,909
NON-PERSONNEL
RESTRICTED USE BUDGETS:
UTILITIES
INSURANCE
LIBRARY COLLECTIONS
STUDENT AWARDS
REST. TRANS.,DEBT SVC. & OTHER
COST REC. & CHG. BACKS
SUBTOTAL RESTRICTED USE BUDGETS
8,613
2,013
1,159
15,957
20,788
(458)
48,072
9,731
1,615
1,119
17,403
19,525
(406)
48,987
10,311
2,086
1,084
20,279
21,553
(554)
54,759
GENERAL OPERATING BUDGETS:
EQUIPMENT
MATERIALS/SUPPLIES
TRAVEL/CONFERENCES
PROFESSIONAL SERVICES
FACILITY MAINTENANCE, REPAIRS, RENTALS & LEASES
COMPUTER HARDWARE, SOFTWARE, AND MAINTENANCE
GENERAL ADVERTISING
OTHER OPERATING EXPENSES
SUBTOTAL GENERAL OPERATING EXPENSES
2,698
2,542
2,654
5,563
4,245
1,170
888
4,348
24,107
3,137
2,642
2,527
6,238
4,246
1,178
1,001
3,905
24,874
3,346
2,631
2,517
6,213
4,229
1,173
997
3,889
24,995
2,752
1,300
2,408
74,932
75,160
82,162
PRIOR YEAR COMMITMENTS (ALLOCATED BALANCES)
TOTAL NON-PERSONNEL
UNIVERSITY RESERVE
FY11 RESERVE
TOTAL OPERATING EXPENSE BUDGET
RESTRICTED PROGRAMS (NET OF OPERATIONS)
TOTAL OPERATING EXPENSES
197,396
203,667
1,000
1,837
213,908
64,439
67,830
71,222
261,834
271,497
285,130
New Jersey Institute of Technology
FY2010 Revenue Operating Budget
Revenue = $285,130
($000’s)
Restricted
Programs
71,222 25.0%
Other Revenue
Sources
29,671 10.4%
State
Appropriations
69,270 24.3%
Tuition and
Fees 114,967
40.3%
New Jersey Institute of Technology
FY2010 Expenses Operating Budget
Expenses = $285,130
General
Operating
Expenses 24,995
Allocated 8.8%
($000’s)
Academic Area
Personnel
103,741 36.4%
Balances 2,408
0.8%
Budget Reserves
2,837 1.0%
Restricted Use
Budgets 54,759
19.2%
Restricted
Programs 71,222
25.0%
Support Area
Personnel
25,168 8.8%
New Jersey Institute of Technology
FY2010 Capital Budget
As of 7/16/2009
New Jersey Institute of Technology
FY 2010 Facilities Budget/ Cash Disbursements ($000's)
Resources
Plant Fund Allocation
Gift Income
Enterprise Dev Ctr Income
Plant Fund
Total Resources
FY2009
FY 2010
Approved Proposed
2,956
800
4,870
7,826
6,000
6,800
FY2011+
Planning
-
Projected Disbursements
Priority/Tactic
Develop a core of nationally recognized programs
Build three programs to national prominence by 2008
Expanded SOA studio space Fall 07
Tiernan, GITC and York Updates/Relocations
SOA Studios / Related Relocations
SOA Idea Factory
SOA Studios / Related Relocations
Total
2,300
880
3,180
780
50
830
-
New Jersey Institute of Technology
FY 2010 Facilities Budget/ Cash Disbursements (cont.)
FY2009
Approved
Enhance and enrich the quality of life of the university community and
Develop and implement a landscaping/campus appearance
York Student Workstations
Microelectronics Controls
Classrooms Upgrades
Fenster BME Wet Lab
Colton Computational Biology Lab
Tiernan Fume Hood Upgrade 2 labs
Biology Labs
New Class rooms 2nd Fenster
Enclose Tennis Court
Rehab - CAPE Upper Level
Jim Wise Library Work Space
Bathroom Fixtures and Plumbing Replacements
Academic Departments
FY 2010
Proposed
FY2011+
Planning
25
375
100
65
60
250
100
250
1,550
2,060
270
30
100
1,070
100
550
100
4,360
200
1,795
Campus Center
Food Services Update
Total
Athletics
Enhance/Replace Heating and Cooling Systems
BB Locker Room Rehab
Training Room/ Locker Room Upgrades
Total
486
486
1,050
300
100
100
300
325
1,375
New Jersey Institute of Technology
FY 2010 Facilities Budget/ Cash Disbursements (cont.)
FY2009
Approved
Other Plant Projects
Replace kitchenettes - Oak Hall (1/2)
Faculty Hall EPA Compliance - Ductwork Replace Air Handler
CAB - Repl AC 1,2,3 and Heating Valves
Repl Roll filters with Racks / Repl Hydraulic Oil
Colton - Demolish Boilers, remove asbestos
Oak Hall - Upgrade Valves/Control System - New Chiller/Pumps Required
Parking Deck - Paint and Waterproof
Compressor Replacement
Roof Replacements
MEP Upgrades (Mechanical, Electrical, Plumbing)
Specht HVAC Replacement
ECE Replacement of Rooftop Units
HVAC Upgrades
Replace Windows
Elevators Upgrade
Administrative Computing System
Cullimore Boiler Room Upgrades
Student Mall Boiler Replacement
Kupfrian Installation of New Boiler
Oak Hall - Replace Rooftop Heat Recovery Unit
Other Projects
FY 2010
Proposed
FY2011+
Planning
375
55
550
375
300
380
390
375
200
1,600
8,530
100
200
700
1,000
700
200
1,310
100
500
15,230
340
1,870
300
80
80
150
100
500
3,510
Land Acquisition/Paving
Total Projected Disbursements
Net
350
7,826
0
6,800
0
18,750
(18,750)
Budget Development Model
Budget Projections FY2010, FY2011, and FY2012
(Based on Scorecard Scenario 3)
As of 7/8/09
($000's)
State Appropriation
State Appropriation
Salary Program
Stimulus $ (A)
Total Appropriation
Tuition & Required Fees
Total Tuition & Required Fees
Carryforward
Total Other Revenue Sources (Grants &
Contracts)
FY10
Proposed
Budget
42,125
3,009
45,134
114,101
(4,898)
211,500
Personnel
Salaries
Salary Program (D)
Other Salary Adjustments
State-Mandated Salary Reduction (1 Time)
Total Fringe Benefits
Total Personnel
102,332
1,535
(105)
(2,700)
28,481
129,544
Total Expense
(3,009)
(3,009)
10,882
(2,445)
82,565
1,837
81,957
211,500
FY11
Proposed
Budget
42,125
42,125
FY12 U
From FY11
Budget
124,983
11,943
-
FY12
Proposed
Budget
42,125
42,125
136,926
1,837
57,163
Total Revenue
Non Personnel
FY08 One-Time Carryforward
General Non Personnel (F)
FY11 Reserve
Total Non Personnel
FY11 U
From FY10
Budget
54,102
9,710
221,210
54,102
11,943
233,153
9,084
103,762
6,384
28,481
138,628
3,347
110,146
3,347
28,481
141,975
3,205
85,161
3,406
88,568
3,205
85,161
3,406
88,568
12,289
223,789
6,753
230,542
2,610
6,384
2,700
3,347
Total Net
(0)
(2,579)
(2,579)
5,190
Cummulative Net
(0)
-
(2,579)
-
31
New Jersey Institute of Technology
Expense Budget Rollup with Groupings, and Additional Breakout of Other Major Operating Expenses
As of 7/5/2009
Expense Categories
Salaries:
Tenure Track Faculty
Non -Ten. Track Fac.
Adjuncts & Teaching Assistants
Other Faculty Comp.
Admin. Salaries
Other Admin. Comp.
Staff Salaries
Hrly/Temps/Overtime
Other Staff Comp.
Student Workers
Subtotal Salaries
FY2007
FY2008
FY2009
FY2010
Committed
Committed
Projected
Commitments
Budget
FY10
Budget to FY09
Commitments
$
FY10
Budget to FY09
Commitments
%
32,712,968
4,283,579
3,992,563
2,832,463
28,514,588
793,825
13,473,481
1,146,896
182,345
5,477,791
93,410,499
32,313,182
4,471,118
3,988,733
1,103,735
33,367,682
599,466
13,437,093
1,323,446
236,521
5,898,504
96,739,481
34,664,968
4,921,709
4,067,431
1,136,077
33,789,741
445,239
13,727,251
1,370,370
277,271
6,078,500
100,478,557
36,144,499
4,383,244
3,740,090
427,500
35,088,417
372,525
13,572,864
1,202,866
70,654
5,423,761
100,426,420
1,479,531
(538,465)
(327,341)
(708,577)
1,298,676
(72,714)
(154,387)
(167,504)
(206,617)
(654,739)
(52,137)
4.3%
-10.9%
-8.0%
-62.4%
3.8%
-16.3%
-1.1%
-12.2%
-74.5%
-10.8%
-0.1%
Fringe Benefits
24,996,390
25,724,695
28,027,518
28,482,848
455,331
Restricted Use Budgets:
Utilities
Insurance
Library Collections
Student Awards
Rest. Trans.,Debt Svc. & Other
Cost Rec. & Chg. Backs
Indirect Costs
Subtotal Restricted Use Budgets
7,326,082
1,943,342
1,149,065
14,040,945
14,390,826
(572,886)
38,277,375
8,613,215
2,013,174
1,159,205
15,956,826
20,787,940
(457,924)
0
48,072,435
9,730,874
1,614,642
1,119,078
17,403,100
19,524,903
(405,849)
0
48,986,748
10,310,535
2,085,930
1,084,400
20,278,633
21,553,346
(485,825)
(68,224)
54,758,795
579,661
471,288
(34,678)
2,875,533
2,028,443
(79,976)
(68,224)
5,772,047
6.0%
29.2%
-3.1%
16.5%
10.4%
19.7%
0.0%
11.8%
1.6%
General Operating Budgets:
Equipment
Materials/Supplies
Travel/Conferences
Professional Services
Facility Maintenance, Repairs, Rentals & Leases
Computer Hardware, Software, and Maintenance
General Advertising
Other Operating Expenses
Subtotal General Operating Expenses
Budget Reserve
FY11 Reserve
Grand Total
3,105,691
2,617,102
2,697,718
2,541,712
3,136,593
2,641,746
3,345,980
2,631,034
209,387
(10,712)
6.7%
-0.4%
2,226,500
5,204,256
2,654,467
5,563,022
2,527,151
6,238,447
2,516,905
6,213,152
(10,247)
(25,295)
-0.4%
-0.4%
4,066,077
1,356,775
1,014,330
4,245,021
1,169,515
887,853
4,245,903
1,177,949
1,001,292
4,228,687
1,173,173
997,232
(17,216)
(4,776)
(4,060)
-0.4%
-0.4%
-0.4%
3,208,776
4,347,900
3,904,606
3,888,774
(15,832)
-0.4%
22,799,508
24,107,206
24,873,688
24,994,937
121,249
0.5%
1,000,000
1,837,000
1,000,000
1,837,000
0.0%
n/a
211,500,000
9,133,490
4.5%
-
179,483,773
-
194,643,818
202,366,510
Vendor Description
Professional
Services
FY2007
FY2008
FY2009 FY 2009 FY2009 Cumulative Cummulative Projected Projected % Credit Card Fees
Schnader Harrison Se
625,161 749,801 785,010 785,010
‐
13,716 610,168 1,395,177
13%
22%
Cn Communication Inc
Link High Technologi
Changing Our World, Connell Foley Llp
KPMG
American Defense Int
Ruffalocody Winning Strategies L
Porzio, Bromberg & N
Laser Tech Direct Llc
Record Management Services
Fls Logistics, L.l.c
Mccarter & English,l
Ny/nj Minority Suppl
Princeton Public Affairs
Intelligencer Printing
Wachovia ‐ Nj/ny/pa In‐house Marketing A
Graphic Research Inc
Michele Hickey Pmk Group Ajilon Professional
Claude Skelton Desig
Anovick Associates
Pleasant Hill Consul
Blackbaud
Harvard Press Inc.
Transnet Corporation
Gibson & Dernier Llp
Trc Raviv Associates
Prestige Graphics
Wolfblock Carey Group, Llc
Paper Mart Inc. 782 vendors @ avg of $1,200 each
Grand Total
82,668
344,852
12,320
103,850
180,000
150,064
‐
120,000
‐
67,255
‐
215,772
78,741
‐
90,000
81,786
110,000
36,227
191,500
44,100
‐
95,537
‐
‐
86,489
14,716
63,548
13,230
‐
10,451
63,113
23,042
6,014
24,181
1,980,015
2,399,410
2,650,330
2,879,604
3,082,604
3,232,604
3,380,516
3,510,516
3,631,552
3,752,047
3,871,847
3,990,099
4,097,268
4,203,790
4,294,958
4,384,913
4,458,222
4,530,413
4,586,103
4,640,103
4,694,043
4,747,407
4,800,407
4,851,757
4,901,986
4,952,082
5,001,402
5,049,345
5,093,384
5,136,934
5,179,249
5,221,283
5,262,758
5,303,860
32%
38%
42%
46%
49%
52%
54%
56%
58%
60%
62%
64%
66%
67%
69%
70%
71%
73%
74%
74%
75%
76%
77%
78%
79%
79%
80%
81%
82%
82%
83%
84%
84%
85%
5,204,256 5,563,022 6,238,447 6,238,447
100%
375,962
421,229
254,430
149,075
209,530
150,000
116,515
110,000
58,202
70,659
‐
194,360
166,263
‐
90,000
64,516
100,000
60,623
103,734
54,000
7,303
33,312
‐
16,000
50,703
31,175
81,975
32,146
‐
39,690
52,058
12,092
156,345
21,533
584,838
419,395
250,920
229,274
203,000
150,000
147,912
130,000
121,037
120,494
119,800
118,252
107,169
106,521
91,169
89,954
73,309
72,191
55,690
54,000
53,940
53,364
53,000
51,350
50,229
50,096
49,319
47,944
44,039
43,550
42,315
42,034
41,475
41,102
New Jersey Institute of Technology
Travel Commitments - FY2007-FY2009
By Responsible Organization
Category
Category Description
FY2007
1 One Day Travel
FY2008
FY2009
48,735
39,363
31,258
2 Conference Associated Travel
1,485,471
1,837,309
1,758,968
3 On-Campus Meetings & Events
692,294
777,795
736,926
2,226,500
2,654,467
2,527,151
FY2007
Category
FY2008
Category
Responsible Organization
1
2
President's Area
1,161
76,106
36,431
113,698
952
102,772
Vice President University Advancement
1,125
44,172
129,110
174,407
4,346
Provost Direct
Total Colleges
Total Provost Area
1,674
6,497
8,171
81,570
377,299
458,869
46,563
233,814
280,377
129,808
617,609
747,417
34,148
67,169
9,034
4,759
1,840
6,600
136,667
652,545
4,089
793,301
(2,502)
Senior Vice President Research & Development
VP Academic and Student Services Direct
Intercollegiate Athletics
Continuing Professional Education
Total VP Academic and Student Services
Senior Vice President for Administration and Treasurer
Human Resources
Grand Total
3
Total
1
2
FY2009
Category
3
Total
1
2
3
Total
29,455
133,179
3,360
76,688
33,141
113,189
64,719
132,915
201,980
1,224
25,263
137,211
163,698
3,858
6,598
10,456
103,218
516,259
619,477
51,273
279,357
330,630
158,349
802,213
960,563
1,183
3,657
4,841
100,906
482,148
583,054
46,388
269,095
315,483
148,477
754,900
903,377
110,351
13,248
60,906
5,213
79,367
11,568
84,537
4,697
100,803
200,356
14,188
1,310
215,854
341,782
666,733
7,239
1,015,754
6,278
283
2,329
8,889
147,977
780,322
4,045
932,344
246,230
17,438
2,535
266,203
400,484
798,043
8,909
1,207,437
6,612
928
1,225
8,765
142,197
775,799
7,966
925,963
203,773
18,815
4,489
227,077
352,582
795,543
13,680
1,161,805
37,314
5,841
40,652
1,207
50,367
4,825
56,399
1,426
50,768
2,731
54,925
32
8,540
15,648
24,220
264
6,724
8,555
15,542
73
12,695
16,586
29,355
48,735
1,485,471
692,294
2,226,500
39,363
1,837,309
777,795
2,654,467
31,258
1,758,968
736,926
2,527,151
New Jersey Institute of Technology
Other Operating Expenses
By Object Code
Obj
Obj_Desc
6904 POSTAGE SERVICES
6235 CONTR PUB PARTNR SER
6915 RA ROOM/BOARD
6860 GRANTS TO FDN
6905 PRINTING‐OFF SVS
6910 TAXES
6302 TELEPHONE USAGE
6909 MEMBERSHIP & DUE
6999 OTHER MISC
6926 ATHLETIC RECRUITING
6916 PARTICIPANT SUPP
6911 ACCOUNT WRITE‐OFF
6906 SUBSCRIPTIONS
6800 FUNDING TRANSFERS
6922 REGUL LIC FEES
6929 PARTIC‐SPPT‐1099
6920 MEDIA SERV
6907 RELOCATION
6241 COMUNIVERSITY‐SUPPRT
Grand Total
FY2009
FY2009
Cumulative
FY2007
FY2008
Projected
Committed
Committed
Committed
$
552,566
308,162
423,111
‐
380,269
281,523
235,902
177,239
89,854
67,873
41,335
189,955
60,062
73,648
44,644
13,248
41,089
41,831
25,000
3,208,776
552,270
497,150
436,418
469,864
420,671
471,983
252,871
185,561
61,316
88,668
45,538
454,542
79,240
(18,130)
59,807
32,221
36,334
35,798
25,000
4,347,900
585,257
501,263
458,672
400,000
332,574
312,003
250,693
224,609
141,175
116,015
68,831
53,802
51,847
51,519
51,505
45,791
26,866
25,913
25,000
3,904,606
585,257
1,086,520
1,545,192
1,945,192
2,277,766
2,589,769
2,840,462
3,065,072
3,206,247
3,322,262
3,391,093
3,444,895
3,496,743
3,548,262
3,599,767
3,645,558
3,672,424
3,698,337
3,723,337
3,904,606
%
15%
28%
40%
50%
58%
66%
73%
78%
82%
85%
87%
88%
90%
91%
92%
93%
94%
95%
95%
100%
FY11 Budget Actions
FY Year
Item
One‐Time/ Recurring Amount
FY11 ∆ from FY10 Initial Projection
($2,579,000.00)
FY10
FY10
FY10
University Reserve
Fenster 2nd Floor Classrooms
CAPE UL Renovation
FY10
Credit Card Fees (partial reduction) One‐Time
FY11
Credit Card Fees
FY11 ∆ from FY10
Impact
One‐Time
One‐Time
One‐Time
Recurring
Presuming Schnader Harrison $1,000,000 legal fees decrease
$1,550,000 Delays to fall of 2011
$270,000 Delays to fall of 2011
Card convenience fee shifted $325,000 to customer
Card convenience fee shifted $785,000 to customer
$1,351,000
NEW JERSEY INSTITUTE OF TECH NOLOGY
TUITION & FEE SCH ED ULE 2009 - 2010
Attachment A
UND ERGRAD UATE
Less than 12 credit hours per semester
RESID ENT
$412
NON-RESID ENT
$879
5,408
10,280
412
879
7,100
772
10,084
1,064
412
772
879
1,064
12 to 19 credit hours per semester
Each credit hour over 19
G RAD UATE
Full-time
Part-time
SUMMER SESSION 2010
Undergraduate
Graduate
ON-LINE PROGRAM TUITION:
Graduate 100% Distance Learning
EXECUTIVE MANAG EMENT PROGRAM
Program cost includes tuition, fees and materials: $47,500
ROOM AND BOARD : Typical average academic year cost is $9,828
863
NEW JERSEY INSTITUTE OF TECH NOLOG Y
TUITION & FEE SCH ED ULE 2009 - 2010
FEES PER SEMESTER:
TO TAL
(A, B)
12 o r mo r e cr edits
Undergraduate
Graduate
Less than 12
Cr edits
PLUS
Per credit
Undergraduate
Graduate
Per Ter m
Winter/Summer
Sessions
RE GIS AC ADEMIC
TR ATIO N FAC ILITIE S
1020
1005
80
80
102
80
478
478
TE C HNO LO GY
S TU DENT S TU DE NT
ATHLE TIC S HEALTH
INFRAS E RVIC E S AC TIVITIE S
S TR U C TU R E
175
175
65
65
55
40
145
145
22
22
22
100
50
22
9
6
13
0
98
50
22
9
4
13
0
50
20
0
0
0
0
160
90
(A) - In addition, students will be charged $278 for legislated health insurance coverage, which will be refunded
if the student can provide proof of insurance. International students will pay $316.
(B) - In addition, there is a $125 per semester charge for international students.