Budget Request: “Cost Going Forward”

1. Budget Request:“Cost Going Forward” • Faculty Salary Equity Adjustment • $400,000 Salary Adjustment • 76,000 Benefit Cost (19%) • $476,000 Subtotal • Running Total: $476,000

2. Budget Request:“Cost Going Forward” • Staff Salary Adjustment • $ 77,000 Salary Adjustment • 14,630 Benefit Cost (19%) • $ 91,630 Subtotal • Running Total: $567,630

3. Budget Request:“Cost Going Forward” • Promotions & Rollovers • $120,000 (includes salary and benefits) • Funds mandatory raises for faculty promotion in rank and for UCF Professorship • $ 20,000 • Merit raises on “R” accounts UCF Professorships and Chairs of Excellence • 140,000 Subtotal • Running Total: $707,630.

4. Budget Request:“Cost Going Forward” • General Education Faculty • $350,000 (based on 2005 projection) • 108,000 (projected raise and faculty hired in 2005) • Funding for one-year renewable faculty teaching General Education courses. • 458,000 Subtotal • Running Total: $1,165,630.

5. Budget Request:“Cost Going Forward” • Computational Engineering Faculty • $520,000 (based on 2005 projection) • $ 9,282 (projected raise & benefits) • 529,282 Subtotal • Running Total: $1,694,912.

6. Budget Request:“Cost Going Forward” • Ed. D. Faculty & Staff • $300,000 (based on 2005 projection) • $ 52,000 (projected raise and additional staff) • 352,000 Subtotal • Running Total: $2,046,912.

7. Budget Request:“Cost Going Forward” • Provost • $50,000 (Salary and benefits) • 50,000 Subtotal • Running Total: $2,096,912.

8. Budget Request:Academic Affairs - Unranked • Library Acquisitions • $136,000 Inflation • 68,000 Compensation for 1-time funds • 150,000 TECH FEE Rollover • 40,000 TN Tomorrow Rollover • 50,000 Ed. D. Materials • 16,000 High use serials • 460,000 Subtotal • Running Total: $2,556,912

9. Budget Request:Academic Affairs - Unranked • Departmental Operating Budgets • $150,000 • 82,000 A & S Laboratory Expenses • 32,000 CHEPS Laboratory Expenses • 264,000 Subtotal • Running Total: $2,820,912

10. Budget Request:Academic Affairs - Unranked • Travel • $250,000 • 250,000 Subtotal • Running Total: $3,070,912

11. Budget Request:Academic Affairs - Unranked • Equipment • $500,000 General departmental replacement • 220,000 Start-up funds & Computers for new faculty • 720,000 Subtotal • Running Total: $3,790,912

12. Budget Request:Academic Affairs - Unranked • Graduate Assistantships • $390,000 Supplant UCF Funds • 50,000 Compensation or 1-time funds • 440,000 Subtotal • Running Total: $4,230,912

13. Budget Request:Academic Affairs - Unranked • Subsidy for Public Service Programs • Estimates based on projected difference between revenues and expenses • $125,000 Children’s Center • 80,000 Cadek Center • 25,000 Challenger Center • 230,000 Subtotal • Running Total: $4,460,912.

14. Budget Request:Future Considerations • $150,000 – 200,000 Funding for Provost • $190,000 Permanent funding for Associate Provosts • $115,000 Start-up and Permanent Costs for ROTC • $65,000 Adjunct faculty raises

15. Budget Request:Future Considerations • Roll TECH Fee funded projects onto E&G Budget. A sample of current expenses: • Internet Access $67,200 • Blackboard 153,635 • College Support Personnel 262,500 • 483,335