1 / 9

Planning, Budget and Forecast

Planning, Budget and Forecast. Presented to Financial Area Reps by Mary Simon, Sr. Director Budget and Planning April 25, 2013. AGENDA Planning , Budget and Forecast. Tuition and Student Fees - Revenue Overview Paying Semester Credit Hours SCH computed by Semester Annual Trends by type

sara-glenn
Download Presentation

Planning, Budget and Forecast

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Planning, Budget and Forecast Presented to Financial Area Reps by Mary Simon, Sr. Director Budget and Planning April 25, 2013

  2. AGENDAPlanning, Budget and Forecast • Tuition and Student Fees - Revenue Overview • Paying Semester Credit Hours • SCH computed by Semester • Annual Trends by type • Mid-Year FY13 and Budget Status FY14 • Budget 2014 Pending Outcomes and Next Steps

  3. Tuition and Student Fees * Preliminary estimate based on 701,000 paying SCH; currently under review for final FY 2014 SCH projections

  4. Paying Semester Credit Hours 728.0 714.3 707.3 693.1 (in thousands)

  5. * Preliminary Estimate at 701,000 SCH which may increase slightly based on Forecast FY 2013

  6. Mid Year FY 13 and Budget FY14 StatusRevenue Projections & Assumptions • Mid Year Revenue Adjustments FY13 • Current Year Forecast Revenue Projections FY13 were provided to fee administrators in Feb/March and recorded as budget adjustments. • Budget Status FY14 • Tuition and Mandatory Fee Revenue Projections FY14 based on holding at FY 2013 levels of paying SCH • Final FY 14 Projections expected following BOR (May 9th) and review of SUMMER SCH and enrollment projections for FALL 2014- New enrollment criteria beginning FALL 2014 • Updates to the BUD documents FY 14 for changes in Revenue projections will be processed by Budget Office and communicated to fee administrators 6

  7. Budget 2014 Pending Outcomes and Next Steps • Divisional funding requests will be coordinated by VPBA Office during first half of May • Pending 83rd Legislative Budget Outcome for FY 14 Base Budget Adjustments expected in mid-late May timeframe • Next meeting of University Strategic Planning Resource Committee on May 28th to review resources and requirements for recommendation to CMO • 2014 Budget Goals and Priorities Hearing with UT System scheduled on June 6th • 2014 CMO Allocations and required updates will be made by the Budget Office for Final Budget submission due July 19th • BOR approves Operating Budgets August 21-22 7

  8. Questions

  9. In All We Do, We Do With EXCELLENCE Every Person Every Day Every Job

More Related