1 / 23

Budget Update

Budget Update. President John D. Haeger January 28, 2009. Arizona State Budget. Arizona Has the Largest % Budget Shortfall of all 50 States. Source: Center of Budget and Policy Priorities, January 15, 2009. JLBC Projections/Assumptions. Projected general fund shortfalls: FY09 up to $1.6B

arden
Download Presentation

Budget Update

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. Budget Update President John D. Haeger January 28, 2009

  2. Arizona State Budget

  3. Arizona Has the Largest % Budget Shortfall of all 50 States Source: Center of Budget and Policy Priorities, January 15, 2009

  4. JLBC Projections/Assumptions • Projected general fund shortfalls: • FY09 up to $1.6B • FY10 Up to $3.0B • General Fund revenue will not return to FY08 level until FY12

  5. Arizona’s Budget is Heavily Weighted Toward Education and Human Services Education Source: Budget Update and Review of Voter Protection, November 18, 2008

  6. 2/3 of State Spending is Mandated, Either Through Statute or Voter Protection (figures in $100M) Source: Budget Update and Review of Voter Protection, November 18, 2008

  7. University Appropriations as % Total State Budget, FY79-FY09

  8. NAU Budget

  9. Total Revenues: $401,000,000 Other Revenue, $10M Debt Svc Alloc, $15M

  10. % FY09 State Budget in Activity AreasTotal Budget $214,000,000

  11. Salary and ERE are approximately 75% of Divisional Budgets

  12. NAU’s Budget Planning

  13. What Those “Tri-U” Cut Numbers for FY09 mean for NAU

  14. FY08-FY09 Initial Strategies

  15. $50 Million Strategies

  16. $50 Million Strategies

  17. $50 Million Strategies

  18. DRAFT -- $100 M AUS means approx $15M NAUin addition to $50 Million Cut

  19. DRAFT -- $150 M AUS means approx $23M NAUin addition to $100 Million Cut

  20. DRAFT -- $200 M AUS means approx $30M NAUin addition to $150 Million Cut

  21. See Budget News and Views: http://www4.nau.edu/president/budgetshare.htm budgetinfo@nau.edu Share Your Budget Views and Rumors You’ve Heard. E-mail:

  22. QUESTIONS?

More Related