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Budget 2015 and Legislative Appropriations Request 2016-2017

Budget 2015 and Legislative Appropriations Request 2016-2017. Mary Simon, Sr. Director Budget Planning and Development May 6 , 2014. AGENDA. Trend - Paying Semester Credit Hours ( SCH ) Tuition and Student Fee Revenue Projections Budget Recap / Timeline

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Budget 2015 and Legislative Appropriations Request 2016-2017

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  1. Budget 2015 and Legislative Appropriations Request 2016-2017 Mary Simon, Sr. Director Budget Planning and Development May 6, 2014

  2. AGENDA • Trend - Paying Semester Credit Hours (SCH) • Tuition and Student Fee Revenue Projections • Budget Recap / Timeline • Legislative Appropriations Request (LAR) • Q&A

  3. (SCH in thousands) Trend - Paying Semester Credit Hours 728.0 714.3 713.6 667.7 654.7

  4. Tuition and Student Fee Revenue Projections ($000) Note: Forecast based on PAYING SCH Certified FALL, SPRING and Budget SUMMER

  5. Budget 2015 REcap • Draft Operating Budget 2015 does not include proposed Tuition and Fee increases being presented at the May BOR meeting • Tuition & Fee revenue declined over Budget 2014 by approx. $11.5 Million or 5% • Paying SCH total 654,700 compared to 702,000 for Budget 2014; a decline of 6.7% or 47,300 paying SCH • Mandatory & Incidental Fees were reduced accordingly based on paying SCH or student head count • Decline in Restricted Sponsored Program revenue resulted in a decline in F&A Recovery • Merit will be decided based on the outcome of T&F proposal • Draft Operating Budget final in DEFINE BUD System by May 9thdue to PeopleSoft system conversion. Any permanent budget updates will be processed via permanent transfers 9/1/14

  6. 2015 Budget Timeline

  7. Legislative Appropriations Request FY 2016 - FY2017

  8. Legislative Appropriations Request (LAR) 2016 and 2017 • Laws and Policies Impacting Budgets • Legislative Appropriations Request • General Appropriations Act • Role of the Texas Higher Education Coordinating Board • Formula Funding • Texas State Budget Cycle • Legislature convenes every 2 years for 140 days in odd numbered calendar years beginning January 2nd 2013 = 83rd Legislative Session for FY14 and FY15 Budgets 2015= 84th Legislative Session for FY16 and FY17 Budgets • State of Texas budget is allocated once every two years; therefore, LAR is prepared to cover a 2 year time period. • Each agency prepares and submits an LAR during even numbered years, prior to the start of the legislative session. • The summation of each institution’s LAR forms the basis for the appropriations bill prepared by the Legislative Budget Board (LBB)

  9. Legislative Appropriations Request General Appropriations Act (GAA) • GAA details biennial budget allocations and includes: • State revenues only • Certain restrictions on use of state funding • Reporting & other requirements Online version of GAA is available on the LBB website: www.lbb.state.tx.us • Academic institutions • Direct appropriations from funding formula are lump sum and discretionary • Most non-formula appropriations have restricted uses: – Special Items & Higher Education Group Insurance

  10. THECB: Outcomes-Based Funding - Objective Texas Education Code Section 61.0593 states that, “it is in state's highest public interest to evaluate student achievement at institutions of higher education and to develop higher education funding policy based on that evaluation.” It further charges the Coordinating Board, in consultation with institutions of higher education, to incorporate the consideration of undergraduate student success measures in developing recommendations for university formula funding.

  11. GAIFAC Recommendation– Success Metrics

  12. GAIFAC Recommendation – Allocation More information on Outcome Based Funding (OBF) will be presented at the University Strategic Resource Planning Council • Allocate Funds based on: • Points earned on the 7 success metrics • The average of the three most recent years of data • Points scaled statewide • Points weighted by institutions • Phased-in over three biennia

  13. Revenue Funding Sources State Funds Also referred to as E&G: Educational & General budgets • State Appropriations:Formula Funding, Special Items, Benefit Cost Sharing (General Revenue) • THECB Transfers:TX Grant, Work-study, etc. • Statutory Tuition, Certain Fees (General Revenue-Dedicated) • Designated Tuition & Fees • Indirect Cost Recovery Facilities & Administrative Overhead • Auxiliary Enterprise Funds Housing, Parking, Athletics, Bookstore, University Center, Food Services • Restricted Funds Gifts, Financial Aid & Grants/Contracts • Plant Funds Buildings and Capital Improvements Designated Funds Also referred to as Local funds Must be 100% Self-Support; no subsidies from other funds

  14. Legislative cycle (gaa) Fy 2016 - FY 2017 Refer to UTSA Budget Office – CALENDAR – LAR for Internal Due Dates: http://www.utsa.edu/financialaffairs/budget/

  15. Helpful Reference Web Sites Legislative Budget Boardhttp://www.senate.state.tx.us/SRC/pdf/Budget_101-2011.pdf • TASSCUBO – LAR Workshop Materials • http://tasscubo.org/LAR.htm • Nationally-recognized model state government information portals: • State Government Expenditures http://www.texastransparency.org • Texas Legislature Online http://www.capitol.state.tx.us/

  16. Any Questions?

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