T I TA N ST U D E N T U N I O N F E A S I B I L I T Y ST U DY C A M P U S P R E S E N TAT I O N | A P R I L 3 0 , 2 01 2 P R E S E N TAT I O N O U T L I N E OBJECTIVES PARTICIPATION & PROCESS PROGRAMS AND SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS DISCUSSION OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS OBJECTIVE To provide a comprehensive feasibility study of the options available to the ASI as it considers expanding the Titan Student Union facilities in order to improve service delivery to the CSUF campus community. OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS KEY QUESTIONS 1) Which program elements and services are underserving the campus community and which of these spaces deserves greatest priority in the future expansion of the TSU? 2) What is the fee sensitivity of CSUF students and what scope of the facility expansion could be entertained through the increase of the existing mandatory Campus Union Fee? 3) What other campus locations are students interested in having student union services and should the TSU potentially invest in establishing satellite operations? OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS KEY QUESTIONS 4) What extent can existing facility mechanical systems can still be utilized and/or which systems upgrades should be considered? 5) What scope of facility expansion can be financially supported through existing ASI resources (cash reserves)? 6) What scope of facility expansion can be financially supported through other contributing resources (e.g., donor funds, debt capacity, 3rd part capital investment, etc.)? OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS P A R T I C I P AT I O N • Conversations with approximately 200 students in 10 total focus groups/intercept interviews • 6,400 completed survey responses – Valid statistical data – Sample representative of University population PROGRAMS & SERVICES OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS FOCUS GROUPS Many visit the TSU for food during lunch time or to meet with friends & study; TSU was described as being “good but could be better” and “it feels like an office building” Spaces & services of the TSU enjoyed by students: Games room, bowling alley, & outdoor courtyard Alumni lounge & meeting rooms for studying Food court options – Panda Express, Juice it Up, & Togo’s Spaces & services of the TSU not enjoyed by students: Student org. offices, Portola Pavilion, & Titan Theater Inconvenient hours of operation – Food court closed on weekends; not enough seating in food court area OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS BENCHMARKING CSU Unions (n=4) Ave Enrollm ent = 32,353 Functional Areas Group 1: Food Service Group 2: Ballroom Facilities Group 3: Conference/Meeting Rooms Group 4: Bookstore Group 5: Additional Retail Services Group 6: Theater/Auditorium Group 7: Recreation/Entertainment Group 8: Lounge Space Group 9: Academic Related Group 10: Student Organizations Group 11: Administrative Offices Group 12: Multicultural Centers Group 13: Special/Misc. Components Total Assignable Sq. Footage Total Gross Sq. Footage Gross/Net Ratio (Grossing Factor) Efficiency Factor (% ASF/GSF) ASF 22,797 %-Ttl ASF A S F / S t dnt Select Unions (n=11) Ave Enrollm ent = 38,831 ASF %-Ttl ASF A S F / S t dnt 18.2% 0.7 35,822 11,725 9.3% 0.4 13,981 11.1% 0.4 6,375 5.1% 3,004 2.4% CSU Unions to CSU Fullerton CSUF Variance Enrollm ent = 35,250 ASF %-Ttl ASF A S F / S t dnt A S F / S t dnt Grp ASF (0.2) (3,476) Select Unions to CSUF Variance A S F / S t dnt Grp ASF (0.4) (16,501) 19.8% 0.9 19,321 21.7% 0.5 14,869 8.2% 0.4 14,471 16.3% 0.4 0.0 2,746 0.0 (398) 20,044 11.1% 0.5 8,695 9.8% 0.2 (0.2) (5,286) (0.3) (11,349) 0.2 12,992 7.2% 0.3 0 0.0% 0.0 (0.2) (6,375) (0.3) (12,992) 0.1 6,275 3.5% 0.2 1,694 1.9% 0.0 (0.0) (1,310) (0.1) (4,581) 7,206 5.7% 0.2 11,254 6.2% 0.3 2,530 2.8% 0.1 (0.2) (4,676) (0.2) (8,724) 23,539 18.8% 0.7 11,368 6.3% 0.3 7,971 9.0% 0.2 (0.5) (15,568) (0.1) (3,397) 7,252 5.8% 0.2 12,717 7.0% 0.3 8,451 9.5% 0.2 0.0 1,199 (0.1) (4,266) 0 0.0% 0.0 2,582 1.4% 0.1 1,740 2.0% 0.0 0.0 1,740 (0.0) (842) 10,105 8.0% 0.3 14,045 7.7% 0.4 5,466 6.1% 0.2 (0.2) (4,639) (0.2) (8,579) 7,208 5.7% 0.2 15,903 8.8% 0.4 11,827 13.3% 0.3 0.1 4,619 (0.1) (4,076) 1,415 1.1% 0.0 2,103 1.2% 0.1 0 0.0% 0.0 (0.0) (1,415) (0.1) (2,103) 10,931 8.7% 0.3 20,456 11.3% 0.5 6,875 7.7% 0.2 (0.1) (4,056) (0.3) (13,581) 125,538 181,265 89,041 (36,497) (92,224) 189,930 281,816 140,000 (49,930) (141,816) 1.57 1.59 1.57 0.00 (0.02) 66% 63% 64% -2% 0% * "Select" data from institutions in B&D / WTW database with comparable mission / enrollment OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS PROGRAMS & SERVICES Q6-23. Please indicate your level of satisfaction with the following amenities and spaces in the TSU (n=7,470): Main Level outdoor space Non-food retail TSU Food Court dining Lower Level outdoor space Quiet/study lounge spaces TSU Food Court seating Mainframe Comp. Lab Admin. Offices Casual recreation Social lounge spaces TSU Lower Level dining Large meeting rooms Titan Bowl Student org. offices Titan Theater Titan Pride Center Small meetings rooms Portola Pavilion 79% 79% 71% 67% 65% 64% 61% 60% 59% 59% 59% 58% 58% 57% 56% 56% 56% 55% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Students were very satisfied/satisfied most with main level outdoor space, non-food retail, and TSU Food Court dining OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS PROGRAMS & SERVICES • TSU Primarily Viewed as a Lunchtime Destination – Food is a Significant Driver • Average Student Visits Less Than 2 Times Per Week • Comfortable Place to Relax, Better Parking, New Furniture Top Improvements to Increase Use • Email Kiosks and Commuter Lounge Most Desired New Spaces • Price/Value, Food Selection and Variety, Hours of Operation are Top 3 Areas of Improvement for Food Service OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT DEMAND BASED PROGRAMMING Demand for drop-in Union Spaces Depth and Breadth Activity Prioritization Space Reconciliation NEXT STEPS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS DEMAND BASED PROGRAMMING Priority Category first first first second second second second second third third third third third fourth fourth fourth fifth fifth fifth fifth fifth Activity Peak Accommodation 75% to 85% 75% to 85% 75% to 85% 55% to 65% 55% to 65% 55% to 65% 55% to 65% 55% to 65% 40% to 50% 40% to 50% 40% to 50% 40% to 50% 40% to 50% 25% to 35% 25% to 35% 25% to 35% 10% to 20% 10% to 20% 10% to 20% 10% to 20% 10% to 20% Space Type Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Sq. Ft. Peak Demand 8,231 9,239 865 7,678 9,867 2,533 1,176 6,549 1,476 4,159 835 3,108 1,324 2,864 4,907 1,870 7,772 571 3,986 1,451 1,550 Space Allocation Based on Prioritization of Demand 6,200 to 7,000 6,900 to 7,900 649 to 735 4,200 to 5,000 5,400 to 6,400 1,400 to 1,600 600 to 800 3,600 to 4,300 600 to 700 1,700 to 2,100 334 to 418 1,200 to 1,600 500 to 700 700 to 1,000 1,200 to 1,700 500 to 700 800 to 1,600 57 to 114 400 to 800 100 to 300 200 to 300 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Quiet Study Lounge Food Service - Lunch Convenience Store Commuter Lounge Informal Outdoor Social Space Coffee House Copy/Print Center Informal Lounge / Gathering Grab and Go - Lunch Small Group Study Rooms Grab and Go - Breakfast Food Service - Breakfast Bookstore Food Service - Dinner Crafts / Arts Center Student Organization Work Space Dance / Nightclub Venue Grab and Go - Dinner Theater / Auditorium Art Gallery Multipurpose Ballroom 1 COMBINED 1: Quiet Lounge, Informal Lounge, Commuter Lounge 22,500 14,000 to 16,300 2 COMBINED 1: Food Service & Grab and Go - Lunch 10,700 7,500 to 8,600 Population is based on current CSUF enrollment. OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT DEMAND BASED PROGRAMMING Commuter Lounge Quiet Study Lounge 8,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 7,000 6,000 Sq. Ft. Sq. Ft. 5,000 4,000 3,000 2,000 1,000 0 Sq. Ft. Student Organization Work Space Coffee House 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 Informal Lounge / Gathering 3,000 2,500 7,000 2,000 Sq. Ft. 6,000 5,000 1,000 4,000 500 0 Sq. Ft. 1,500 3,000 2,000 1,000 0 NEXT STEPS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS DEMAND BASED PROGRAMMING Space Demand Activity Existing Type Difference 1 Quiet Study Lounge Sq. Ft. 6,200 to 7,000 2,918 (3,282) to (4,082) 2 Food Service - Lunch Sq. Ft. 6,900 to 7,900 7,342 442 to (558) 3 Convenience Store Sq. Ft. 649 to 735 600 (49) to (135) 4 Commuter Lounge Sq. Ft. 4,200 to 5,000 0 (4,200) to (5,000) 5 Informal Outdoor Social Space Sq. Ft. 5,400 to 6,400 4,168 (1,232) to (2,232) 6 Coffee House Sq. Ft. 1,400 to 1,600 942 (458) to (658) 7 Copy/Print Center Sq. Ft. 600 to 800 0 (600) to (800) 8 Informal Lounge / Gathering Sq. Ft. 3,600 to 4,300 4,995 1,395 to 695 9 Grab and Go - Lunch Sq. Ft. 600 to 700 0 (600) to (700) 10 Small Group Study Rooms Sq. Ft. 1,700 to 2,100 438 (1,262) to (1,662) *Surplus / (Deficit) "Food Service - Lunch" includes all food court seating. Population is based on current CSUF enrollment. OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS PROGRAM AREAS Lounge Spaces – 6,000nsf to 8,000nsf Student Organization Spaces – 5,000nsf to 7,000nsf Conference & Meeting Rooms – 5,000nsf to 8,000nsf Multicultural Center Space – 1,000nsf to 2,000nsf Study Space – 1,000nsf to 1,500nsf Food Service Seating – 1,000 to 1,500nsf Support Space – 8,000nsf to 12,000nsf FEE SENSITIVIT Y OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS FEE SENSITIVITY The approval of Option A ($85 to $95 per semester) would offer : An expansion of approximately 60,000 gross square feet (nearly half of the size of the current TSU) and be able to include all of the spaces below: Dedicated informal lounges with soft seating, tables, and study areas, Small group study rooms, Dedicated spaces for student organizations and clubs, State of the art meeting rooms for clubs and organizations, Expanded food court, and Additional ballroom for large campus events. Additionally, the Titan Student Union would undergo a moderate renovation of nearly 70% of existing spaces. This renovation would bring portions of the facility up to the same standards and feel of the expansion. Some of these renovated spaces could include the entry lobby, courtyard, meeting rooms, and food court. OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS FEE SENSITIVITY 13% 17% Very likely 25% 27% Likely 33% 32% Unlikely 29% Very likely 25% Very unlikely Unlikely Very unlikely $85 - $95 - Option A $50 - $60 - Option B 32% Very likely 19% Likely 15% Likely 34% Unlikely Very unlikely $20 - $30 - Option C OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT FEE SENSITIVITY Q80. Which option to improve the TSU do you prefer? (n=6,480) Option A - $85 to $95 per semester 18% 16% 29% Option B - $50 to $60 per semester Option C - $20 to $30 per semester 12% 24% None of the above options I need more information The preferred option is a tuition increase of $20 to $30 per semester. NEXT STEPS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS FEE SENSITIVITY Q84. How high a priority should CSUF place on improving the TSU? (n=6,437) 50% 45% 43% 39% 40% 30% 22% 20% 23% 19% 18% 16% 14% 10% 9% 14% 15% 9% 7% 7% 0% Very high priority High priority Underclassmen Moderate priority Upperclassmen Low priority Very low priority Graduate 58% of All Students said improving the TSU is a Moderate to High Priority OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS FEE SENSITIVITY Q82. If CSUF improves the TSU to better meet your needs, how often would you use it? (n=6,462) 50% 40% 33% 40% 28% 30% 30% 20% 20% 20% 10% 46% 10% 18% 17% 13% 9% 10% 6% 0% 0% 5 or more times 2 - 4 times per Once per week Less than once per week week per week Before Improvements Never 5 or more times 2 - 4 times per Once per week Less than once per week week per week Never After Improvements The number of visits per week would increase an additional 42% for all students from 1.9 to 2.7 times/week – Largest increase would be from non-core users S AT E L L I T E O P E R AT I O N S OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS S AT E L L I T E O P E R AT I O N S Students are most commonly in McCarthy or Mihaylo Hall throughout the day; however, largest number of students leaves the campus from 5PM8PM Mihaylo Hall provides coffee shop/grabn-go food concept (Starbucks) with lounge and table seating on 1st floor Potential opportunity to provide convenience store concept or lounge space near McCarthy Hall, limited need for other union spaces PROJECT CONCEPT NEXT STEPS EXISTING CONDITIONS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS ARCHITECTURAL ASSESSMENT Disjointed Wayfinding, Stratification of Levels, Separation of Quiet Versus Loud Areas Disjointed Circulation, Multiple Stairs No Central Node, Gathering Space, Building Focal Point Underutilized Lower Level – Garden Courtyard Compartmentalized Second Floor Food Court Kitchens Require Significant Investment OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS MECHANICAL ASSESSMENT Existing TSC Plant Does Not Have Capacity to Accommodate Expansion Requires New Systems, Connection to Univ, or New Plant 16 AHUs are Obsolete and Will Need Replacement Systems Controls are Outdated Single Pane Glazing Should be Replaced with Efficient, LowE, Double-Glazing Heating and Cooling in Cooking Areas Not Properly Addressed OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS ELECTRICAL / PLUMBING ASSESSMENT Electrical Capacity at Panels is Maxed Out Older Lighting Fixtures Have Already Been Replaced With New Old Pipes are Creating Domestic Hot Water Issues Only Portions of the TSU are Sprinklered PROJECT CONCEPTS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS CONCEPT DRIVERS Address Program Shortfalls Align with Budget Maximize Value of Improvement to Existing and New Spaces OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS E X PA N S I O N P OT E N T I A L Rec Center TSU Bookstore Capture Lower Games Court Redefine Entry/Focal Point Vis Arts CPAC Focus on Southeast Corner of TSU Work with Existing Building Perceptions- Quiet / Loud Improve Connection to Bookstore and Campus Arteries OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS NO FEE INCREASE Total NASF Quantity Unit Lounge Spaces / Information Desk Informal Lounge Space Small Group Study Rooms Commuter Lounge Internet / Email Stations Print Stations 1 6 1 0 0 NASF 2,000 350 1,500 25 25 Total: 2,000 2,100 1,500 0 0 5,600 Food Service Kitchen and Servery Coffeehouse 1 0 1,000 1,500 Total: 1,000 0 1,000 Meeting Spaces Meeting / Conference Room - Very Large Meeting / Conference Room - Large Meeting / Conference Room - Small Meeting / Conference Room Storage 0 2 2 4 2,000 1,200 400 100 Total: 0 2,400 800 400 3,600 12 1 1 100 80 250 800 4 Total: 960 250 800 400 2,410 0 1 1,200 500 Total: 0 500 500 Student Organizations Student Organizations Open Plan Workstations Conference / Meeting Room Open Seating / Lounge Storage Lockers - Double Tier 15" Additional Spaces Multicultural Center Support and Auxiliary Spaces Total Student Union Facilities SF Efficiency Factor: Total Student Union Facilities SF 67% 13,110 6,555 19,665 New Construction Only, No Renovation Addresses Some Needs of Student Community TSU Infrastructure Issues Still Remain $6M Construction Cost $10M Project Cost Reserve Funded Opens Fall 2016 OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS E N R O L L M E N T H I S TO R Y F R O M 1 97 0 Fall Headcount 60,000 Project Opens 50,000 Expansion Opens 36,100 40,000 TSU Opens 36,000 30,000 20,000 24,400 21,500 Today 10,000 2030 2028 2026 2024 2022 2020 2018 2016 2014 2012 2010 2008 2006 2004 2002 2000 1998 1996 1994 1992 1990 1988 1986 1984 1982 1980 1978 1976 1974 1972 1970 0 OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS F E E C O M PA R I S O N Institution Chico State San Jose State Cal Poly Northridge San Diego State Bakersfield Sonoma State Sacramento State Long Beach State Avg. (excluding CSUF): CSUF: *Based on Fall 2012 Figures Fee / Year $746 $648 $627 $506 $457 $435 $402 $398 $336 $506 $268 PROJECT CONCEPT NEXT STEPS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS $30 / SEM FEE INCREASE Total NASF Quantity Unit NASF Lounge Spaces / Information Desk Informal Lounge Space Small Group Study Rooms Commuter Lounge Internet / Email Stations Print Stations 1 8 1 5 5 2,700 350 2,250 25 25 Total: 2,700 2,800 2,250 125 125 8,000 Food Service Kitchen and Servery Coffeehouse 1 1 1,000 1,500 Total: 1,000 1,500 2,500 1 3 2 6 2,000 1,200 400 100 Total: 2,000 3,600 800 600 7,000 25 2 1 200 80 250 1,200 4 Total: 2,000 500 1,200 800 4,500 1 1 1,200 1,500 Total: 1,200 1,500 2,700 Meeting Spaces Meeting / Conference Room - Very Large Meeting / Conference Room - Large Meeting / Conference Room - Small Meeting / Conference Room Storage Student Organizations Student Organizations Open Plan Workstations Conference / Meeting Room Open Seating / Lounge Storage Lockers - Double Tier 15" Additional Spaces Multicultural Center Support and Auxiliary Spaces Total Student Union Facilities SF Efficiency Factor: Total Student Union Facilities SF 67% 24,700 12,350 37,050 $11.1M in New Construction $5.6M in Renovation $2.1M for Food Service $2.9M for Infrastructure $1M for Site / Bookstore Connection $32.2M Project Cost STUDENT LOUNGE STUDENT LOUNGE COMMUTER LOUNGE GROUP STUDY AREA GROUP STUDY ROOMS GROUP STUDY AREA STUDENT ORG LOUNGE MULTICULTURAL CENTER STUDENT ORG WORK AREA STUDENT ORG WORK AREA OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS PROJECT COSTS Project Budget (Form 2-7) $32,276,275 Early Fee Funds $8,057,000 Capital Contribution $10,000,000 Existing TSU Debt $3,000,000 Total Budget to be Serviced by Debt $17,219,275 Capitalized Interest $0 Cap Interest Earnings $0 Reinvestment Proceeds / Const. Acct Earnings ($41,000) Issuance Costs $172,000 Total Project Budget $17,350,000 Annual Debt Service $1,129,000 $30 Per Semester Increase Collections Start Fall 2013 Reserves Contribute $10 M Opens Fall 2017 Operating Budget (2011/2012) Revenues Year of Operations Academic Year Total General Services Building Engineering University Conference Center Titan Bowl & Billiards Graphic Services Mainframe Computer Lounge $291,972 $18,000 $150,792 $179,564 $17,305 $13,131 Information / Services Marketing & Public Relations Operations Titan Recreation $73,388 $96,292 $46,773 $450,548 $1,337,765 Total $1,889,174 Totals: Expenses General Services Building Engineering Administration University Conference Center Titan Bowl & Billiards Graphic Services Art & Exhibit Program Mainframe Computer Lounge TSC Governing Board Dell Capital Lease Programming Support Information / Services Marketing & Public Relations Operations Titan Recreation Emerg. Preparedness & Response Totals: $1,430,126 $263,451 $299,353 $189,169 $185,606 $17,308 $50,831 $64,484 $45,457 $102,055 $214,169 $216,185 $1,115,483 $1,843,715 $13,755 $7,940,321 ($6,602,556) 2011/2012 TCUOP Starting Balance $16,842,908 Bad Debt Reserve $48,340 Interest $49,783 Contributions $9,191,460 Deductions $8,386,566 Total $17,745,925 TCUCE Starting Balance $3,031,502 Bad Debt Reserve $0 Interest $8,201 Contributions $0 Deductions $0 Total $3,039,703 TCUMR Starting Balance $2,794,079 Bad Debt Reserve $0 Interest Contributions Deductions Total $7,767 $400,000 $0 $3,201,846 TCUCN Starting Balance $2,708,410 Bad Debt Reserve $0 Interest Contributions Deductions Total $7,490 $350,000 $0 $3,065,900 2017/2018 Year 1 2018/2019 Year 2 2019/2020 Year 3 2020/2021 Year 4 2021/2022 Year 5 2022/2023 Year 6 Income Total Existing Total New $1,462,000 $35,000 $1,491,000 $36,000 $1,521,000 $36,000 $1,552,000 $37,000 $1,582,000 $38,000 $1,615,000 $38,000 TOTAL INCOME $1,497,000 $1,527,000 $1,557,000 $1,589,000 $1,620,000 $1,653,000 Expenses Total Existing Total New $8,681,000 $514,000 $8,856,000 $524,000 $9,033,000 $535,000 $9,211,000 $544,000 $9,396,000 $556,000 $9,583,000 $566,000 TOTAL EXPENSES $9,195,000 $9,380,000 $9,568,000 $9,755,000 $9,952,000 $10,149,000 ($7,698,000) ($7,853,000) ($8,011,000) ($8,166,000) ($8,332,000) ($8,496,000) Fee Subsidy Existing TSU Fee New TSU Fee $9,291,000 $2,077,000 $9,469,000 $2,117,000 $9,650,000 $2,157,000 $9,834,000 $2,199,000 $10,023,000 $2,241,000 $10,215,000 $2,284,000 TOTAL FEES $11,368,000 $11,586,000 $11,807,000 $12,033,000 $12,264,000 $12,499,000 $3,670,000 $3,733,000 $3,796,000 $3,867,000 $3,932,000 $4,003,000 Debt Service Existing TSU Debt New TSU Debt Existing Rec Debt $0 $1,129,000 $1,703,000 $0 $1,129,000 $1,706,000 $0 $1,129,000 $1,703,000 $0 $1,129,000 $1,704,000 $0 $1,129,000 $1,702,000 $0 $1,129,000 $1,704,000 TOTAL DEBT SERVICE $2,832,000 $2,835,000 $2,832,000 $2,833,000 $2,831,000 $2,833,000 Debt Coverage Ratio 1.30 1.32 1.34 1.36 1.39 1.41 $838,000 $898,000 $964,000 $1,034,000 $1,101,000 $1,170,000 Profit / (Subsidy) NET OPERATING INCOME CASH FLOW AFTER DEBT SERVICE OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT RISKS/UNKNOWNS Campus Enrollment Growth Projected at 0% for the Next Years, the Increasing Construction and Operations Inflation Existing TSU Debt Service Payments Opportunities to Fund Through Reserves Refinance NEXT STEPS NEXT STEPS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS Develop an Information Campaign to Education Students AND Faculty/Staff About Why the TSU Needs Improving Timeline Committees Marketing Materials Presentations Partnerships NEXT STEPS OBJECTIVES PARTICIPATION PROGRAMS & SERVICES FEE SENSITIVITY SATELLITE OPERATIONS EXISTING CONDITIONS PROJECT CONCEPT NEXT STEPS Identify Partners to Contribute Additional Funds or Other Nearby Improvements ASC / Bookstore Third-Party Vendor Additional Funding will Allow for Additional Improvements to the Existing TSU NEXT STEPS T I TA N ST U D E N T U N I O N F E A S I B I L I T Y ST U DY C A M P U S P R E S E N TAT I O N | A P R I L 3 0 , 2 01 2