1 / 4

UNCW Budget Update FY2014 and 2015

UNCW Budget Update FY2014 and 2015. Presentation to the Board of Trustees Business Affairs Committee April 3, 2014. FY 2013-14 Projected Tuition Revenue (Regular Term + Distance Education). FY 2013-14 Projected Tuition Revenue (RN to BSN Program).

jonny
Download Presentation

UNCW Budget Update FY2014 and 2015

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. UNCW Budget UpdateFY2014 and 2015 Presentation to the Board of Trustees Business Affairs Committee April 3, 2014

  2. FY 2013-14 Projected Tuition Revenue(Regular Term + Distance Education)

  3. FY 2013-14 Projected Tuition Revenue(RN to BSN Program) • Original projections were 90% in-state / 10% out-state • Overall headcount & SCHs are above projections through AP3 • Year-end revenues projected to be right at budget due to lower out-state students

  4. FY 2014-15 UNCW Potential Legislative Reductions • SL 2013-360 (FY 2013-15 Biennial Budget) • Year 1 reductions (2013-14): • Strategic Directions: $1,118,627 • Management Flexibility: $2,751,507 • Total: $3,940,134 • Year 2 additional reductions (2014-15): • Strategic Directions: $528,963 • Management Flexibility: $326,363 • Total: $855,326 • FY 2014-15 Supplemental Budget • OSBM memorandum dated December 12, 2013 • 2% reduction plan based on UNCW’s FY 14-15 certified appropriation • $2,021,954 reduction • Campus will develop a $3.0 million reduction plan ($855,326 + $2,021,954)

More Related