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Budget Presentation

Academic Senate November 03, 2015. Budget Presentation. Lynn Mahoney, Provost and Vice President for Academic Affairs Lisa Chavez, Vice President for Administration and CFO. California State University, Los Angeles

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Budget Presentation

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  1. Academic Senate November 03, 2015 Budget Presentation Lynn Mahoney, Provost and Vice President for Academic Affairs Lisa Chavez, Vice President for Administration and CFO California State University, Los Angeles 5151 State University Drive | Los Angeles, CA 90032 http://www.calstatela.edu/

  2. What we will talk about: • CSU Budget Process • University Budget Process • Budget Redesign • Academic Affairs Budget

  3. CSU Systemwide Process

  4. CSU Systemwide Process July Campus is given final budget allocation from Chancellor’s Office May After Governor provides revised budget Cal State LA revises budget assumptions if necessary and reconvenes RAAC. August Cal State LA submits annual budget submission Insert CAL STATE LA February-March Cal State LA begins projections based on January Budget and assumptions. If assumptions are solid the Resource Allocation Advisory Committee convenes (RAAC)

  5. University General Fund BudgetFY 2015-16

  6. Campus General Fund Distribution 2015-16 $252,990,411

  7. Campus General Fund Distribution 2015-16 $47,135,969 18.6%

  8. Campus General Fund Distribution 2015-16 $56,179,599 22.2%

  9. Campus General Fund Distribution 2015-16 $7,876,886 3%

  10. Campus General Fund Distribution 2015-16 $4,427,094 1.7%

  11. Campus General Fund Distribution 2015-16 $3,896,114 1.5% $2,410,577 1% $131,064,172 52% $252,990,411

  12. 2015-16 General Fund AllocationNet of Restricted Funds 65.85% $86,302,658 13.46% $17,644,109 7.54% $9,881,485 7.19% $9,429,244 2.61% $3,416,043

  13. Cal State LA Budgeted Funds: • Operating/General Fund • Lottery Fund • Instructionally Related Activities (IRA) • Student Success Fees • Health Services Fee • Athletics Fee • Graduate Professional Fees • Education Doc Fee • Housing • Parking • University Student Union • ASI Fees • Professional and Global Education Fees/CERF • University Auxiliary Services • CSULA Foundation

  14. 2015-16 General Fund Allocation

  15. Budget Model Redesign

  16. Three-Year Implementation Timeline Conception to Implementation www.calstatela.edu/admfin/resource-allocation-model-review • Feb. – Jun. 2014 • Assessment of Base Expenditure Need • Develop the ZBB Template • Training Sessions on ZBB • Analysis of ZBB Submissions Start Jan. 2014 Formed Budget Allocation Task Force Dec. 2013 Planning, Research, and Evaluation of Requirements for Budget Model/White Paper • Sept. 2013 • Presidential/Campus Initiative • Budget Model Redesign Jul. 2014 ZBB Meetings with University Divisions VP, College Deans, and Fiscal Managers Fine Tuning Post Implementation Review 11 Months Planning 16 Months Development 9 Months Implementation Finish Fall 2016 Implementation Nov. 2014 Budget Allocation Task Force Convened Total Model Transition: 36 Months • Aug. 2015 • Vetting and Feedback from Campus Constituents • University-wide Email Communication Jan. 2015 Budget Allocation Task Force Reconvened • May. 2015 – Jan. 2016 • Design Framework of New Budget Model • Development of Key Performance Data Analytics • Update Campus Administrative Procedures • Oct.– Nov. 2015 • Communication of New Budget Model • University-wide Budget Townhall

  17. Budget Models in Higher Education

  18. Budget Guiding Principles

  19. New Cal State LA Blended Budget Model Note: The Budget Allocation Model Taskforce welcomes your comments and feedback to the budget redesign initiative. Since the redesign is in the development phase, the information presented is for reference only and is subject to change.

  20. Budget Redesign Webpage

  21. Academic Affairs: Sources of Revenue • General Fund • Self-support programs: Summer Session • Lottery • Student Fees • Philanthropy • Grants & Contracts

  22. General Fund

  23. Summer Session, Lottery, Student Fees

  24. Strategic Investments • New Tenure Track Faculty • Support for Research & Creative Activities • Student Success and Achievement • One-time investments • The University Library • Unit and department improvements • Grant Proposal Development • Student Services Support

  25. Investing in our Colleges • Carry Forward • Summer Session • Excess Enrollment • Retirement and Resignation Savings • Staff positions

  26. College General Fund Allocations * Additional 2.0 M has been set aside for faculty hires and $640K for Strategic Planning.

  27. College Excess Revenue Allocations

  28. Lottery and Student Fees

  29. Summer Session Revenues

  30. 2015-2016 New General Fund Allocation

  31. Looking Ahead • Strategic Planning Process • Maximizing our instructional dollars • Self-Support Programs and DTLA • Improved processes for Lottery, IRA and Student Success Fee funding • Grants & Contracts • Philanthropy

  32. Questions?

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