2015-2016 BUDGET PRESENTATION SCHOOL OF MEDICINE BUSINESS OFFICE - - PowerPoint PPT Presentation

2015-2016 BUDGET PRESENTATION SCHOOL OF MEDICINE

BUSINESS OFFICE TRAINING

AGENDA

• BUDGET ASSUMPTIONS & CHANGES
• BUDGET INFORMATION BEING SENT OUT
• BUGET INFORMATION SUBMITTED
• QUESTIONS????

BUDGET ASSUMPTIONS & CHANGES

• 1. GRA will be same as last year.
• a. State is using CPI of .8%
• b. SOM requested 1.0% increase on years

3-6 and .8% on years 1- 2

• 2. With revenue flat expenses will also have to be

flat.

• 3. Will budget for raises but don’t know if they

will be given.

• 4. Budget Model may change.

BUDGET ASSUMPTIONS & CHANGES

• 5. We are going to combine Salary and

Expense DeptID’s into the current Salary DeptID.

• 6. As last year you will only budget for non-

salary expenses. Will only send out operating

• funds. RIF & Startup Funds will be different.
• 7. Must be turned into the Business Office by

February 20.

• 8. Call Becky or Mark if you need help.

QUESTIONS ????