BUDGET REPORT TO THE FACULTY SENATE January 28, 2010

1. BUDGET REPORT TO THEFACULTY SENATEJanuary 28, 2010

2. Overview • FY09 Budget Comparisons • FY10 Tenure Track Faculty Hires • FY10 Unrestricted Budget Allocation/Mid-Year • FY11 Unrestricted Budget Request

3. FY09 Budget Allocation(in Millions) • Self-supporting source of funds (Fund 101) • Per State Budget Office, GO Debt Service reflected in URI’s budget, for display only, actual expense is in DOA.

4. FY09 Unrestricted Budget Comparisons(in Millions) (1) Per State Budget Office, GO Debt Service reflected in URI’s budget, for display only, actual expense is in DOA.

5. FY10 Budget Allocation(in Millions) (1) Per State Budget Office, GO Debt Service reflected in URI’s budget, for display only, actual expense is in DOA.

6. FY10 Unrestricted Allocation(in Millions) • Per State Budget Office, GO Debt Service reflected in URI’s budget, although actual expense is in DOA. • FY10 Allocation as of July 2009; FY10 MYR is currently in process.

7. FY10 Unrestricted Budget Allocation Overview(in Millions) REFLECTS ENACTED BUDGET. NOT ADJ’D FOR ST. APPOP. REDUCTION OF $3.9M (1) Approx. 92% of funding for the Division of Research & Economic Development is provided through Overhead (2) Excludes interdepartmental transfers and GO Debt Service

8. FY10 Position Data: Tenure Track Faculty FY09 – FY10(unrestricted) • Vacancies effective June 2009 • Filled July 1, 2009 or later; includes conversion of advance and research faculty to general revenue tenure track positions • (3) Two clinical faculty hired January 2010

9. FY10 vs FY09 Unrestricted Academic Affairs(in Millions) • FY09 revised budget base normalized for one time only transfers from Provost and/or between Colleges/Units, changes in accounting classification. It does not include post-MYR adjustments as reflected in the FY10 Allocation budgets. • FY10 Allocation includes Provost reinvestments. It does not include FY10 salary increases. • Includes Enrollment Services, Graduate Studies, Admissions, Honors Program, Faculty Senate Office, Labor & Industrial Relations, Institutional Development Program, Non-violence & Peace Studies, SLOAA, Faculty start-up, Masters Teaching Program, Confucius Institute, Academic Affairs Building Rentals, Promotions, and Fringe Benefits for the Div. of Academic Affairs.

10. FY10 Unrestricted Mid-Year Review (in Millions) • Per State Budget Office, GO Debt Service reflected in URI’s budget, although actual expense is in DOA. • FY10 Allocation as of July 1, 2009. • Furlough (Class), Sal Red (Non-Class/Non-Union), Unfunded vacancies, Meade Stadium repair, • Fundraising contract, Exp related to fees, Bad Debt Exp, Athletic exp (Related to rev).

11. FY11 Budget Request(in Millions) (1) Per State Budget Office, GO Debt Service reflected in URI’s budget, although actual expense is in DOA.

12. FY11 Unrestricted Request(in Millions) • Per State Budget Office, GO Debt Service reflected in URI’s budget, although actual expense is in DOA. • FY10 Allocation as of July 2009; FY10 MYR is currently in process.

13. 5 Year Unrestricted Budget Comparison(in Millions) • Per State Budget Office, GO Debt Service reflected in URI’s budget, although actual expense is in DOA. • FY10 Tuition & Fees includes change in enrollment in addition to 5% to 9.8% increase to tuition and mandatory fee rates.

14. State Appropriation vs Tuition & Fees Note: * FY00-FY06, GO Debt Service is budgeted in the Department of Administration (prior years’ data normalized). * Effective FY07, state appropriation does not include GO Debt Service Pass-through * Asset Protection and other RICAP projects budgeted separately.

15. Student Aid Summary – Unrestricted Budget(in thousands)

16. Library Summary – Unrestricted Budget(in millions) • FY10 Allocation includes estimated fringe benefits. • FY11 Request does not include Personnel at this time. Personnel detail not available until the FY11 Allocation.

17. FY12 Request Timeline