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Structural Gap FY14-FY19

Structural Gap FY14-FY19. Current Gap Analysis Reflects projection of current structural gap between revenues and expenses if no change occurs. Current Enrollment P lan; 0% Tuition/Unified Fee; 0% Appropriation; ATB at CPI and 1% for Merit; Medical @ 7% Trend for FY15-FY19.

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Structural Gap FY14-FY19

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  1. Structural Gap FY14-FY19 Current Gap Analysis • Reflects projection of current structural gap between revenues and expenses if no change occurs. • Current Enrollment Plan; 0% Tuition/Unified Fee; 0% Appropriation; ATB at CPI and 1% for Merit; Medical @ 7% Trend for FY15-FY19. • Results in $87MM gap. Dynamic Gap Analysis revised to reflect impact of bargaining agreements • Current Enrollment Plan. • Tuition growth at 0% in FY15 and growth at CPI* FY16-FY19; Unified Fee growth at 0% in FY15 and 1% FY16-FY19. • Appropriation growth at 0% in FY15 and growth at CPI* FY16-FY19. • Medical expense at EHPTF goals. • Reflects anticipated impact of bargaining agreements FY12-FY15; ATB at CPI* and 1% for Merit FY16-FY19. • Results in $69MM gap** and requires a workforce reduction of 793 FTE, or 16%***. * CPI projected to be 1.7% to 1.8% during FY15-FY19. ** Original Dynamic Gap Analysis resulted in $60MM gap. *** Average salary & benefits $87,002 FY15-FY19.

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