Budget Overview
OSU Faculty Senate
Budget Presentation
November 10, 2011
Budget Factors
(Increase over prior year actual)
Enrollment Increase
Undergraduate Resident
Undergraduate Nonresident
Graduate Resident
Graduate Nonresident
1.6%
16.8%
2.2%
15.8%
Tuition Increase
Undergraduate Resident
Undergraduate Nonresident
Graduate Resident
Graduate Nonresident
State Appropriation
1
November 10, 2011
8.1%
4.5%
4.4%
4.5%
(17.6%)
Budget Summary
(Thousands of $)
OSU – E&G Budget
excludes Cascades
Actual
2010-11
Budget
2011-12
Total Revenues
$336,475
$335,826
Total Expenses
327,603
$ 8,872
Net Change
Beginning Fund Balance
Percent of Revenue
Ending Fund Balance
2
November 10, 2011
$ 50,926
16.9%
$ 59,798
$ 59,798
17.8%
Budget Expense Summary
(Thousands of $)
OSU Corvallis
Actual
Budget
FY2011 FY2012
$327,603 $335,826
OSU Cascades
$ 7,224 $
Statewides
$ 71,831 $ 68,520
3
November 10, 2011
8,359
AES
$ 33,385
$ 31,339
EXT
$ 32,430
$ 30,596
FRL
$ 6,016
$6,585
FY11 Fund Balance
EDUCATION & GENERAL
Fund Balance % of Total
% of
Revenue
Institutional Management
(1,511,118)
-2.4%
11.3%
Academic Units
43,195,006
67.8%
17.5%
Administration Units
18,113,733
28.4%
17.7%
3,928,113
6.2%
53.1%
63,725,734
100.0%
18.5%
Cascades
Total E&G
Statewides
4
November 10, 2011
7,235,094
10.6%
OSU E&G & Statewide Public Services Budget
5
November 10, 2011
OSU-Cascades Campus
6
November 10, 2011
Millions
Sponsored Programs & Fundraising
$300.0
$250.0
$200.0
Sponsored Program Awards
$150.0
Annual Private Fundraising
$100.0
$50.0
$0.0
2007
7
November 10, 2011
2008
2009
2010
2011
Statewide Public Service Programs
Fiscal Year 2011 Actual (in millions)
8
November 10, 2011
FY12 Revenue Education & General Budget Detail
(Thousands of $)
Total Initial Budget
Base Budget (State Support & Tuition)
Legislatively Targeted Programs
E-Campus
Indirect Cost Return
Summer Session
Student Fees
Miscellaneous Revenue
9
November 10, 2011
$335,826
227,378
18,268
30,657
32,200
6,500
9,721
11,102
FY12 Budget Allocation ($335.8M)
Academic Units
Administrative/Support Units
Institutional Management (IM)
$
$219.6M
$ 87.6M
$ 28.6M
Academic Units
Administrative/Support Units
Institutional Management (IM)
%
65.4%
26.1%
8.5%
IM Distributed back to Academic Units $11.7M
Administrative Units $3.6M
10
November 10, 2011
FY12 Institutional Management
Thousands of $
Total Initial Budget
$28,692
Pools and Reserves
Transfers to units outside OSU E&G
Budget
633
12,759
Distributions to Academic Units
11,656
Distributions to Administrative Units
11
November 10, 2011
3,644
FY12 Initial Budget Detail Allocation
without Statewide Public Service (in millions)
12
November 10, 2011
FY12 Initial Budget Detail Allocation
with Statewide Public Service (in millions)
13
November 10, 2011
FY12 Initial Budget Detail Allocation
Administrative Units (in millions)
14
November 10, 2011
FY12 Incremental Revenue Distribution
• Unclassified and Classified raises-$4.0 million
• New 30 T/TT faculty hires-$3 million
• New T/TT faculty for enrollment increase-$2 million
• Faculty start up funding-$2.7 million
• Statewide Public Service Programs-$2 million
• Provost Faculty Initiative Program-$1 million
• Funding for new positions in support units -$3 million
• Access funds-$500 thousand
• New Advisor positions-$400 thousand
• Increase graduate fee remissions base-$2.7 million
• Time and Attendance Program-$1 million
15
November 10, 2011
OSU Athletics
Revenue Provided to/Support Given from E&G Budget
Fiscal Years: 2003-2011 Actual, 2012-2016 Estimate (millions of $)
$10.0
$9.0
$8.0
$7.0
$6.0
$5.0
$4.0
$3.0
$2.0
$1.0
$0.0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Athletics Return to E&G
3.6
4.1
4.3
4.2
4.7
5.2
5.3
5.2
5.4
5.6
6.0
6.5
6.9
7.5
E&G Support
4.0
3.9
4.0
3.7
2.6
2.1
3.6
3.8
9.1
7.5
4.0
3.0
3.0
3.0
16
November 10, 2011
OSU – Employee and Student Snapshot
Unclassified FTE
Classified FTE
OSU Main Campus
Student Headcount
Student FTE
OSU-Cascades Campus
Student Headcount
Student FTE
17
November 10, 2011
Oct FY11
1533
629
Oct FY12
1758
667
23,761
21,584
24,977
22,563
678
410
764
469
2011-13 Financial Variables
18
November 10, 2011
Oregon State University Budget
19
November 10, 2011