Town Hall Meeting
Budget Update and Planning
April 11, 2007
Agenda
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FY 07 Status
FY 08 Budget Development Events
Recent Planning
FY 08 Information
Reports by Vice Presidents
 Administrative Affairs
 Student Life & Development
 University Advancement
 Academic Affairs
Questions
FY 07 Status
FY 06 Budget Expenditures
FY 07 Budget Revenue/Expense
As of April 5, 2007
Budget
TOTAL
Actual
April 5, 2007
Projected
April 5, 2007
50,919,251
50,953,195
50,953,195
4,150,000
-
4,150,000
Total Allocation
55,069,251
50,953,195
55,103,195
Tuition
74,065,326
71,114,822
72,800,000
3,576,000
4,125,519
4,600,000
Grand Total Revenue
132,710,577
126,193,536
132,503,195
Grand Total Expenditures
150,170,068
126,689,721
131,700,000
23,460,716
23,460,716
23,460,716
6,001,225
22,964,531
24,263,911
Allocation
Adjustments
Other Fees and Income
Beginning Balance Fiscal Year 2006
Budget Balance as of April, 2007**
Carry forward, including Reserve Balance
Projected Balance
**Budget Balance includes University Reserve of $5,855,000
17,945,803
6,318,108
FY 08 Budget Development Events
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Campus Consultation - Continuing
Legislative Action - May 21
Tuition Request to MnSCU - June 1
Tuition Hearings - June
Start of Fiscal Year - July 1
Tuition Set - July Board of Trustees
Meeting
Recent Planning
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Established Budget Advisory
Group
Work Groups
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Budget Tuition Analysis
Budget Model/Base (merged)
Budget Assumptions
Guidance from MnSCU on
Allocation
FY 08 Assumptions
Budget
Advisory Group
Recommendations
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Percentage Rate Used to Establish Pool of
Funds to Cover Variety of Financial
Increases or Decreases
2.75% - 3.75% Projected Expenditures
Increase
0% - 4% Average Projected Tuition Increase
Use MNSCU-Provided Allocation Estimate
as of 12/12/2006
Share Additional Information with Campus
as Available
Enrollment
FYE
FY 2001 through 2007
15,000
14,000
13,000
Total FYE Enrollment
12,000
Projected Enrollment
11,000
Fiscal Year
09
20
08
20
07
20
06
20
05
20
04
20
03
20
02
20
01
10,000
20
Students
FY 08
08 Assumptions
Budget Projection
FY
Recommendations
FY 08
08 Assumptions
Budget Projection
FY
Recommendations
Tuition Analysis Recommendations
Basic Principles
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Tuition Rates Should be Clear and Straight
Forward
All New Academic Program Proposals Will be
Reviewed for Cost/Pricing
All Programs Will Receive Their Share of the
Operating Funds Allocated to the College
Housing the Program
Program and Market Based Tuition Should Not
be Used for General Education Courses
Absent Program or Market Based Tuition, Fees
Should be Assessed Per MnSCU Policy 5.11
Tuition Analysis Report
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Program Based & Market Based
Tuition Guidelines
Program Based Tuition Trial
3 Year Pilots
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Art
Nursing
Tuition Analysis Recommendation
Art
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$20/Credit Additional Program
Based Tuition
Assist with Costs Associated with
Accredited Program
Tuition Analysis Recommendation
Nursing
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Shift Away from Fee Based System
Covers Some Direct Expense of
Costly Program
Provides Some Support for
Additional Demand on Chemistry &
Biology
Employee Tuition Waiver
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Transfer of Expense Among
Institutions
Scale of Impact $100-300K
Future Issues
University Wide
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Presidential Transition-One Time
$150K
Faculty/Staff Training Initiative
$40-80K
Future Issues
Administrative Affairs
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3-5 FTE General Maintenance
Workers $100-175K
Maintenance Supplies and
Equipment $5-15K
Personnel Analyst-1 FTE $65-95K
Future Issues
Student Life & Development
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Initiatives Focused on Student
Behavior, Psychological Needs, and
Career Development
Staff Support for Departments and
Division
Development & Technology
Partnerships
Future Issues
University Advancement
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MnSCU Alumni Giving Participation
Project
Student Life & Development Director of
Development .5FTE
Community Relations .75 FTE
Support (accounting and clerical)
Future Issues
Academic Affairs
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Applied Doctorates
Graduate Center
Library & Academic Support
International Initiative
Budget WEB site URL
www.stcloudstate.edu/budget
~Questions~