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2012/13 Educational and General Budget

2012/13 Educational and General Budget. Finance, Administration, and Facilities Committee Board of Governors October 5, 2011. 2011/12 Total Budget Dollars In Millions. Restricted $314.3. Auxiliary $314.3. Educational and General $ 1,517.9. Total Budget $2,146.5. Revenue Assumptions.

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2012/13 Educational and General Budget

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  1. 2012/13 Educational and General Budget Finance, Administration, and Facilities Committee Board of Governors October 5, 2011

  2. 2011/12 Total BudgetDollars In Millions Restricted $314.3 Auxiliary $314.3 Educational and General $1,517.9 Total Budget $2,146.5

  3. Revenue Assumptions • Adjust tuition and fees for enrollment • No tuition rate increase at this time • No change in appropriations at this time • Grow other revenue sources • Planned use of net assets (Carryforward) 2012/13 budget is unbalanced

  4. Enrollment Projections Annualized FTE Students Note: Numbers may not add due to rounding.

  5. Expenditure Assumptions • Address staffing needs with existing funds • Salaries Projected increase for AFSCME and nonrepresented employees No projections for units without contracts • Benefits Employer health care rates: 0–8% increase Retirement increase: SERS 52%; PSERS 81% • Operating Utilities: 3% increase; all other: similar to current year Capital/Transfers: similar to current year

  6. 2012/13 E&G Budget Requirements Dollars in Millions Note: Numbers may not add due to rounding.

  7. 2011/12 Appropriations 2011/12 Appropriations Dollars in Millions Note: Numbers may not add due to rounding.

  8. 2012/13 Appropriation Request Recommendation to be developed by the Finance, Administration, and Facilities Committee

  9. A 2012/13 E&G Budget Scenario Dollars in Millions Note: Numbers may not add due to rounding.

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