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UNIVERSITY OF HAWAII FUNDING

UNIVERSITY OF HAWAII FUNDING. Federal Government. Economy. Available State and Local Govt. Funds. Higher Education. Federal Government. The Flow of Funds. Tax Policy. Stimulus Funds. K-12 Corrections Health Care Other Govt. Income. Student Aid. Appropriations. Tuition. Donors

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UNIVERSITY OF HAWAII FUNDING

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  1. UNIVERSITY OF HAWAII FUNDING

  2. Federal Government Economy Available State and Local Govt. Funds Higher Education FederalGovernment The Flow of Funds Tax Policy Stimulus Funds • K-12 • Corrections • Health Care • Other Govt. Income Student Aid Appropriations Tuition Donors Foundations Corporations Students Institutions Scholarships &Waivers Gifts/Grants Student Aid (Restricted) (Primarily Restricted) Research (Restricted)

  3. Available State and Local Govt. Funds Higher Education The Flow of Funds to Institutions (For General Purposes) Appropriations Tuition Students Institutions

  4. Operating Budget – General Funds 4

  5. State General Fund Appropriations • FY 2010 • State appropriation reduced by $46 million • Governor restricted additional $52 million • 21% decrease to our general funds • FY 2011 • Executive Budget -- $100 million reduction • Legislature appropriated an additional $8 million reduction • More than a 23% decrease in General Funds compared to FY 2009

  6. Budget Reduction Approach

  7. Council on Revenues Projections • September 8, 2010 meeting: Revised downward its forecast for State General Fund tax revenue growth for FY 2010-11 from a 6.2% increase to a 2% increase • December 29, 2010 meeting: Revised upward its forecast for State General Fund tax revenue growth for FY 2011-11 from a 2% to a 3% increase • March 10, 2011 meeting: Revised downward its forecast for State General Fund tax revenue growth for FY 2010-11 from a 3% increase to a .5% increase • Has not taken into account the effects of the Sendai earthquake and tsunami.

  8. Biennium Budget Process Operating Budget Request Senate Draft Biennium Budget Advisory Committee Legislative Conference Draft Campus and Unit Requests BOR Budget Executive Budget Governor UH House Draft CIP Budget Request

  9. Biennium Budget Development Strategy • Develop a realistic budget request that recognizes the financial condition of the State • Provide concrete plans for strategic growth in which the state can invest • Budget priorities grounded in the strategic outcomes, particularly the three initiatives launched by President Greenwood. • A substantial portion of appropriated new monies will be allocated to units based on performance.

  10. Summary of Budget Requests

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