2016-17 EOU Budget Overview October 5, 2016 EOU Board of Trustees - - PowerPoint PPT Presentation

2016-17 EOU Budget Overview

October 5, 2016

EOU Board of Trustees Finance and Administration Committee

Budget Process: 2016-17

April

• Meetings with Department Unit leaders regarding changes to the FY16 general fund operating budget
• Draft acceptance by President and Executive Team
• Review changes with Department Unit leaders.

July

• Beginning of new fiscal year, load of prior year budgets with adjustments in the Banner Finance System.

Septem ber

• Prepare first draft/ read of University Budget
• BOT F&A Committee
• EOU Budget and Planning Committee

October

• Prepare second draft/ read of University Budget
• BOT F&A Committee
• EOU Budget and Planning Committee

Novem ber

• Presentation to EOU BOT
• Enter budget adjustments into the Banner Finance System
• Notify campus of final 2016-17 budget

2016-17 EOU E&G Operating Budget

The 2016-17 EOU Operating Budget portrays a reasonable and balanced budget, given the moderate tuition increases, enrollment realities and state allocations. The budget addresses needs associated with increased on- campus enrollment and efforts to increase overall university enrollment. This budget builds on the 2015-16 success and invests in priorities, it also provides for flexibility for new initiatives and investments.

What is guiding the budget process at EOU? Current Fiscal Year 2016-17

• HECC Sustainability Plan
• Enrollment Projections for 2016-17
• Moderate tuition rate increases for 2016-17
• Increases in efficiencies
• Fund balance policy
• On campus, on line, on site enrollment mix
• Collective Bargaining Agreements
• Investment and growth opportunities

Future Biennium 2017-19

• Increased PERS Costs
• State Allocation for 2017-19
• Minimum wage increases
• Fair Labor Standards Act

EOU E&G Operating Budget Realities

What is known?

• Tuition will increase by 3.9% for all categories
• Revenue budget based on projected 3% decline in enrollment Fall 2016
• Invest a minimum of 11.25% of tuition in fee remissions
• Classified staff will receive a 2.25% COLA in December 2016
• Faculty salary increase 5.8% effective 9/16/16 – pending CBA ratification
• State allocation for FY17 $20,741,864 (includes targeted funding wrestling,

shared service, ETIC and SELP)

EOU E&G Operating Budget Realities

2016-17 Proposed E&G Operating Budget

FY20 17 Revenue $39,883,000 Expenditures $39,789,797 Change in Fund Balance $93,203 YE 2016 Ending Fund Balance $4,661,000 YE 2017 Projected Ending Fund Balance $4,755,000 % of Revenues 11.9 %

2016-17 E&G Operating Revenue

FY16 Approved Budget FY17 Proposed Budget Delta

State Allocation $20,046,000 $20,742,000 $696,000 Gross Tuition Revenue * $19,061,000 $20,097,000 $1,036,000 Less: Tuition Remissions ($2,200,000) ($2,042,000) ($158,000) Course Fee Revenue* $836,000 $485,000 ($351,000) Other Revenue $585,000 $601,000 $16,000 Net Operating Revenue $38,328,00 $39,883,000 $1,555,000

* Business Differential fees were budgeted as course fees in FY16, however the revenue was accounted for in the tuition account type, therefore budget was aligned accordingly in FY17

Proposed E&G Operating Expenditure Budget increases over FY16

• FY16 Expense Budget $37,660,000
• FY17 Expense Budget $39,789,000

Increase $2,129,000 5.8% over prior year budget

▫ FY16 Unfunded Budget Expenses $490,000 (1.3%) ▫ FY16 Salary/OPE Increases Rolled to FY17 $437,000 (1%) ▫ FY17 Efficiencies/Reallocations ($190,000) ▫ FY17 New Initiatives/Investments $694,000 (1.8%) ▫ FY17 Salary/OPE Pool – Faculty, Classified, Administrative Professionals, Students $698,000 (1.8%)

2016-17 Proposed E&G Operating Expenditure Budget

FY20 17 Personnel Wages $20,294,505 OPE $10,791,105 Direct Expenses $8,702,603 Internal Reimbursements

• $696,416

Operating Expenditures $39,091,797 Projected Salary/ OPE Pool $698,000 TOTAL Expenditure Budget $39,789,797

Changes by Expense E&G Budget Categories

Expense Category FY16 Approved Budget FY17 Proposed Budget Delta Personnel Wages $30,268,000 $31,085,610 $817,610 Direct Expenditures $7,392,000 $8,006,187 $614,187 Salary/ OPE Pool $0 $698,000 $698,000 TOTAL $37,660,000 $39,789,797 $2,129,797

FY17 Additional Budgeted Expenses- $694,000

• Human Resources Specialist $53,614
• Athletics Eligibility Coordinator $59,232
• Human Resources Salary Adjustments $23,887
• Men’s Basketball Coach Salary Adjustment $14,127
• Training and Development Program Expenses $25,000

Increases with Associated Revenue Stream

• Head Wrestling Coach $71,362
• Assistant Wrestling Coach $47,127
• Manager, Organizational Transformation/Capital Projects

$144,012

• Wrestling Program Expenditures $157,252
• College of Business Program Expenditures $14,500
• Student Affairs Personnel $83,887

Distribution of FY17 Operating E&G Expenditure Budget by Unit

• President-includes athletics

▫ 8.4%

• University Advancement*

▫ 3%

• Academic Affairs-Central

▫ 10.5%

• College of Business and Education*

▫ 19.8%

• College of Arts and Sciences

▫ 16.8%

• Library Services

▫ 4.4%

• Student Services

▫ 6.2%

• Finance and Administration-includes

Information Technology and Facilities and Planning ▫ 25.4%

• Campus Wide Services

▫ 3.7%

• FY17 Salary/OPE Pool

▫ 1.8%

*COBE to fund – one time marketing efforts $100K in FY17

FY06-FY16 Ending E&G Fund Balance

FY17-Auxiliary, Designated Operations and Service Department Proposed Budget

FY17-Auxiliary Service Proposed Budgets

FY20 17 Revenue $6,706,621 Expenditures $6,402,628 NET/ Change in Fund Balance $303,993 YE 2016 Ending Fund Balance $8,012,328 YE 2017 Projected Ending Fund Balance $8,316,321

FY17-Designated Operations Proposed Budget

FY20 17 Revenue $236,000 Expenditures $179,804 NET/ Change in Fund Balance $56,196 YE 2016 Ending Fund Balance $360,134 YE 2017 Projected Ending Fund Balance $416,330

FY17-Service Department Proposed Budget

FY20 17 Revenue $112,500 Expenditures $94,750 NET/ Change in Fund Balance $17,750 YE 2016 Ending Fund Balance $120,381 YE 2017 Projected Ending Fund Balance $138,131

Recommended 2016-17 University Operating Budget –E&G, Auxiliary, Designated Operations and Service Departments. (Does not include grants, financial aid or capital construction)

Eastern Oregon University All Funds Budget Fiscal Year 2016-17 FY17 All Funds Budget E&G Designated Operations Service Departments Auxiliary Enterprises Total All Funds Revenue Student Fees $ 18,540,000 $ 14,000 $ - $ 1,758,834 $ 20,312,834 Government Resources & Allocations $ 20,742,000 $ - $ 728,704 $ 21,470,704 Gift Grants & Contracts $ 216,500 $ 52,000 $ - $ - $ 268,500 Investment/Debt Service $ 226,000 $ 4,700 $ 7,040 $ 237,740 Sales and Service $ 100,400 $ 99,400 $ 17,000 $ 4,134,595 $ 4,351,395 Other Revenue $ 58,100 $ 23,900 $ 77,450 $ 159,450 Internal Sales $ - $ 42,000 $ 95,500 $ 137,500 Total Revenue $ 39,883,000 $ 236,000 $ 112,500 $ 6,706,623 $ 46,938,123 Expenses Salaries & Wages $ 20,294,505 $ 94,656 $ 45,374 $ 985,938 $ 21,420,473 OPE $ 10,791,105 $ 26,867 $ 25,270 $ 463,523 $ 11,306,765 Direct Expenses, includes transfers $ 8,702,603 $ 58,281 $ 24,106 $ 4,330,952 $ 13,115,942 Depreciation $ 622,215 $ 622,215 Internal Sales Reimbursements $ (696,416) $ (696,416) Total Expenses $ 39,091,797 $ 179,804 $ 94,750 $ 6,402,628 $ 45,768,979 Salary Pool $ 698,000 $ 698,000 NET $ 93,203 $ 56,196 $ 17,750 $ 303,995 $ 471,144

The future 2017-19

• Although EOU is improving financially and trending in a positive

direction, the university must continue to increase enrollment, both through recruitment and retention, seek other sources of revenue and contain costs.

• In order to improve, EOU must continue to focus on fundamentals of

the sustainable resource pillars: Performance, Efficiencies, Philanthropy and Public support

• In the next biennium, 2017-19, EOU will incur significant increases

related to PERS Employer Contributions. If the legislature does not fund EOU at its projected Current Service Level, tuition increases and reductions in services will be necessary to sustain the required fund balance level.

Questions?

Consolidated Budgets By Major Unit FY17 Student Affairs 9/28/2016 Student Affairs Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Learning Center 326,399 $ 338,597 $ 366,574 $ 27,977 $ Disability Services 8,376 $ 10,683 $ 11,015 $ 332 $ Orientation 33,763 $ 35,312 $ 36,300 $ 988 $ Study Abroad 1,079 $ 2,844 $ 3,500 $ 656 $ International Recruitment 78,051 $ 79,063 $ 86,069 $ 7,006 $ Admissions Office 985,451 $ 1,012,930 $ 1,041,028 $ 28,098 $ International Transcripts 47 $ 10 $ 130 $ 120 $ Student Ambassadors 4,866 $ 3,177 $ 6,000 $ 2,823 $ Office of VP 187,669 $ 201,157 $ 350,092 $ 148,935 $ First Year Experience 150,624 $ 165,249 $ 174,115 $ 8,866 $ Rural and Native American Office 51,695 $ 59,283 $ 63,439 $ 4,156 $ Multicultural Center 146,607 $ 146,402 $ 153,266 $ 6,864 $ Career Services 29,808 $ 86,343 $ 76,795 $ (9,548) $ Food Service 1,368 $ (1,998) $

• $

1,998 $ Technology Support 64,249 $ 70,013 $ 69,233 $ (780) $ Testing Services 10,543 $ 10,372 $ 10,408 $ 36 $ Trio Grant Support

• $

13,295 $

• $

(13,295) $

• $
• $
• $

Total Student Affairs 2,080,595 $ 2,232,732 $ 2,447,964 $ 9.64%

Consolidated Budgets By Major Unit FY17 President 9/28/2016 President Expenses Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Office of the President 341,537 $ 550,073 $ 631,978 $ 81,905 $ Office of Legal Counsel 106,809 $ 291,577 $ 299,203 $ 7,626 $ Office of Human Resources 270,673 $ 278,864 $ 428,892 $ 150,028 $ Intercollegiate Athletics 1,341,514 $ 1,630,899 $ 1,991,471 $ 360,572 $ Total President 2,060,533 $ 2,751,413 $ 3,351,544 $ 21.81%

Consolidated Budgets By Major Unit FY17 University Advancement 9/28/2016 University Advancement Expenses Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta University Advancement Office 740,170 $ 905,893 $ 938,957 $ 33,064 $ Government Relations

• $

15,302 $ 12,000 $ (3,302) $ Foundation Services 1,705 $ 1,458 $ 1,465 $ 7 $ Marketing 148,983 $ 132,515 $ 266,524 $ 134,009 $ Total University Advancement 890,858 $ 1,055,168 $

• $

1,218,946 $ 15.52%

Consolidated Budgets By Major Unit FY17 Academic Affairs 9/28/2016 Academic Affairs Expenditures Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Provost/VP Academic Affairs 327,818 $ 314,626 $ 333,766 $ 19,140 $ University Writing Requirement 37,939 $ 16,440 $ 27,250 $ 10,810 $ Liberal Studies

• $

40,183 $ 46,275 $ 6,092 $ Eastern Promise-Indirect

• $

28,646 $

• $

(1) (28,646) $ IFS/Shared Governance

• $

15,789 $ 19,610 $ 3,821 $ Accreditation 30,404 $ 21,143 $ 32,000 $ 10,857 $ Instructional Equipment 3,651 $ 26,158 $ 10,242 $ (15,916) $ Honors Program

• $

4,052 $ 5,000 $ 948 $ Health Professions 181,728 $ 209,699 $ 279,806 $ 70,107 $ Rural Access 17,652 $ 3,348 $ 20,997 $ 17,649 $ Faculty Scholars 149,237 $ 86,388 $ 114,139 $ 27,751 $ General Directed Research 55 $

• $
• $
• $

Faculty Development 46,981 $ 47,744 $ 72,256 $ 24,512 $ Faculty Diversity Initiative 32,797 $ 33,908 $ 40,757 $ 6,849 $ Sharing the Learning 1,121 $ 4,178 $ 3,000 $ (1,178) $ Institutional Research 150,615 $ 201,888 $ 205,890 $ 4,002 $ Regional Access/Dual HS Credit 3,518 $ 5,247 $ 13,801 $ 8,554 $ Registrars Office 536,464 $ 604,328 $ 590,279 $ (14,049) $ Commencement/Convocation 7,564 $ 12,717 $ 8,793 $ (3,924) $ Technology Fee 80,000 $ 80,795 $ 36,500 $ (44,295) $ Eastern Promise (15,632) $ (2)

• $

Small Business Development Center 25,596 $ 48,856 $ 45,000 $ (3,856) $ Provost Permanent Reserve

• $
• $

280,222 $ (3) 280,222 $ Total Academic Affairs 1,617,508 $ 1,806,133 $

• $

2,185,583 $ 21.01%

Consolidated Budgets By Major Unit FY17 Associate Provost 9/28/2016 Office of the Associate Provost Expenditures Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Associate Provost Office 148,289 $ 178,324 $ 186,300 $ 7,976 $ Center for Teaching Excellence 37,491 $ 112,554 $ 105,742 $ (6,812) $ Advising Center/Regional Operations 590,103 $ 616,481 $ 618,859 $ 2,378 $ EOU Gresham/Portland 33,078 $ 84,669 $ 142,130 $ 57,461 $ EOU Bend 106,088 $ 114,082 $ 118,966 $ 4,884 $ EOU CTUIR 7,974 $ 8,727 $ 8,816 $ 89 $ EOU Burns 65,470 $ 67,914 $ 80,030 $ 12,116 $ EOU Ontario 122,955 $ 129,101 $ 137,257 $ 8,156 $ EOU Salem 199,189 $ 100,658 $ 158,305 $ 57,647 $ EOU Roseburg 78,842 $ 96,119 $ 96,730 $ 611 $ EOU John Day 83,647 $ 88,046 $ 90,092 $ 2,046 $ EOU Hermiston/Pendleton 238,804 $ 219,250 $ 218,907 $ (343) $ EOU Enterprise

• $
• $

14,938 $ 14,938 $

• $
• $
• $
• $

Total Office of the Associate Provost 1,711,930 $ 1,815,925 $ 1,977,072 $ 8.87%

Consolidated Budgets By Major Unit FY17 CAS 9/28/2016 College of Arts and Sciences Expenditures Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Office of the Dean 501,910 $ 709,571 $ 556,578 $ (152,993) $ Instructional Equipment

• $

53,253 $ 25,000 $ (28,253) $ Resource Faculty 314,217 $ 125,904 $ 78,470 $ (47,434) $ Faculty Recruitment 3,336 $ 12,923 $ 30,115 $ 17,192 $ CAS Advising 5,781 $

• $
• $
• $

Biology 525,179 $ 487,145 $ 546,213 $ 59,068 $ Physics 88,688 $ 94,034 $ 98,316 $ 4,282 $ Chemistry 405,691 $ 434,265 $ 459,078 $ 24,813 $ Geology 110,865 $ 1,032 $

• $

(1,032) $ Mathematics 461,445 $ 541,261 $ 627,397 $ 86,136 $ Computer Science/MM - ETIC 169,844 $ 46,986 $ 155,415 $ 108,429 $ Computer Science/MM - EOU 147,866 $ 81,291 $ 81,567 $ 276 $ Media Arts 132,423 $ 422,887 $ 425,397 $ 2,510 $ Science 1,592 $ 1,170 $ 2,511 $ 1,341 $ Sociology/Anthropology 360,866 $ 379,559 $ 454,622 $ 75,063 $ Economics 171,937 $

• $
• $
• $

Geography 74,771 $ 67,125 $ 75,133 $ 8,008 $ History 277,293 $ 252,239 $ 301,395 $ 49,156 $ Religious Studies 16 $

• $
• $
• $

Philosophy

• $

3 $

• $

(3) $ Political Science 107,636 $ 106,588 $ 105,924 $ (664) $ Psychology 483,686 $ 541,840 $ 532,903 $ (8,937) $ Spanish 107,429 $ 158,398 $ 160,842 $ 2,444 $ Art 156,969 $ 156,526 $ 300,964 $ 144,438 $ Music 494,699 $ 290,785 $ 327,536 $ 36,751 $ Theater 466,635 $ 319,892 $ 318,145 $ (1,747) $ EOU Art Gallery 76,297 $ 91,909 $ 92,693 $ 784 $ English and Writing 607,833 $ 773,072 $ 843,647 $ 70,575 $ Gender Studies 163 $

• $
• $
• $

MFA 95,932 $ 97,962 $ 116,259 $ 18,297 $ Special Course Fees 91,145 $ 111,235 $ 147,789 $ 36,554 $ On line Instruction 1,420,012 $ 996,363 $ 1,004,253 $ 7,890 $ On Site Instruction 44,343 $ 76,147 $ 48,130 $ (28,017) $

• $
• $
• $

Total College of Arts and Sciences 7,906,499 $ 7,431,365 $

• $

7,916,292 $ 6.53%

Consolidated Budgets By Major Unit FY17 COBE 9/28/2016 College of Business and Education Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Office of the Dean 268,121 $ 275,542 $ 284,423 $ 8,881 $ Resource Faculty 42,903 $ 15,079 $ 25,000 $ 9,921 $ School of Education 1,375,626 $ 1,574,939 $ 1,614,959 $ 40,020 $ Outdoor Program 9,981 $ 27,222 $ 39,443 $ 12,221 $ Physical Education 337,872 $ 394,948 $ 429,490 $ 34,542 $ Eastern Promise

• $
• $

45,000 $ 45,000 $ College of Business 1,192,569 $ 1,535,592 $ 1,437,259 $ (98,333) $ Economics

• $

244,881 $ 209,208 $ (35,673) $ Special Course Fees 33,171 $ 29,527 $ 38,445 $ 8,918 $ Summer Session 170,253 $ 159,983 $ 28,406 $ (131,577) $ SWOCC 110,024 $ 116,109 $ 116,579 $ 470 $ On line Instruction 1,033,288 $ 946,947 $ 1,169,937 $ 222,990 $ On Site Instruction 1,320,881 $ 1,073,429 $ 1,233,339 $ 159,910 $

• $
• $
• $

Total College of Business and Education 5,894,689 $ 6,394,198 $

• $

6,671,488 $ 4.34%

Consolidated Budgets By Major Unit FY17 Library 9/28/2016 Library Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Library Administration 268,366 $ 1,117,986 $ 1,226,326 $ 108,340 $ Library Collection Development 96,422 $

• $

Library Outreach/Off Campus 375,870 $

• $

Library Technical Services 106,221 $ 30,685 $ 40,169 $ 9,484 $ Library Public Services 138,085 $ 50,486 $ 39,680 $ (10,806) $ Library Automation Services 95,398 $

• $

Library Loan Services 105,884 $ 2,618 $

• $

(2,618) $ Library Digitization Initiative 13,328 $

• $

Library Books and Materials 435,168 $ 445,581 $ 445,800 $ 219 $ Lost Books 6,492 $ 7,581 $ (7,581) $ Total Library 1,641,234 $ 1,654,937 $

• $

1,751,975 $ 5.86%

Consolidated Budgets By Major Unit FY17 Finance and Administration 9/28/2016 Finance and Administration Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Computing Operations 1,135,169 $ 1,243,257 $ 1,349,134 $ 105,877 $ SIS Support 206,187 $ 107,343 $ 37,287 $ (70,056) $ Telecommunications 232,080 $ 274,209 $ 166,462 $ (107,747) $ Teleproductions 95,585 $ 134,415 $ 138,876 $ 4,461 $ Audiovisual Technology Support 84,210 $ 87,433 $ 91,970 $ 4,537 $ Institutional Technology Support

• $
• $

255,915 $ 255,915 $ Office of Financial Aid 547,578 $ 553,449 $ 588,766 $ 35,317 $ Institutional Loans 1,293 $ (29,031) $ 29,031 $ College Work Study

• $

790 $ 4,000 $ 3,210 $ Hoke Center Scheduling 54,434 $ 57,019 $ 67,021 $ 10,002 $ Auditing Services 3,403 $ 28,747 $ 147,300 $ 118,553 $ Early Retirement Incentives 52,536 $ 39,441 $

• $

(39,441) $ Office of the VP-Admin & Finance 579,276 $ 775,759 $ 733,555 $ (42,204) $ Environmental Health and Safety 252,795 $ 256,271 $ 268,571 $ 12,300 $ Campus Safety 218,696 $ 242,757 $ 249,867 $ 7,110 $ Budget Office 1,587 $ (2,953) $

• $

2,953 $ Employee Benefits - Central 16,500 $ 14,000 $ 17,500 $ 3,500 $ Payroll Operations 150,668 $ 156,857 $ 191,705 $ 34,848 $ Business Services 82 $ 5 $

• $

(5) $ Student Accounts 475,529 $ 506,136 $ 527,442 $ 21,306 $ Accounts Payable 227,682 $ 259,497 $ 253,133 $ (6,364) $ Administrative Support (70,103) $ 568,345 $ 123,000 $ (445,345) $ Director of Facilities 680,216 $ 527,871 $ 477,176 $ (50,695) $ Residential Life/Pres Support - Facilities 100,158 $ 117,393 $ 89,079 $ (28,314) $ Custodial Services 779,370 $ 836,800 $ 1,032,702 $ 195,902 $ Landscape Maintenance 329,789 $ 453,787 $ 360,427 $ (93,360) $ Maintenance 674,824 $ 776,433 $ 639,119 $ (137,314) $ Utilities 841,544 $ 782,222 $ 853,000 $ 70,778 $ Energy Management 239,167 $ 297,798 $ 253,780 $ (44,018) $ Vehicle Maintenance 9,934 $ 41,373 $ 9,345 $ (32,028) $ Shipping/Receiving 158,373 $ 176,245 $ 132,887 $ (43,358) $ Fiscal Management - SELP 865,273 $ 789,062 $ 776,834 $ (12,228) $ Facilities Renewal and Replacement

• $

70,992 $ (70,992) $ IT Technology Support 189,982 $ 201,756 $ 194,559 $ (7,197) $ Administration and Finance Permanent Reserves

• $
• $

60,194 $ 60,194 $ Total Administration and Finance 9,133,817 $ 10,345,478 $ 10,090,606 $

• 2.46%

Consolidated Budgets By Major Unit FY17 campus wide support 9/28/2016 Campus Wide Support Consolidated Expenditures for Operations FY15 Actuals FY16 Actuals FY17 Budget Delta Comments Assessments 647,448 $ 567,379 $ 613,715 $ 46,336 $ General Support (133,091) $ 56,607 $ 265,974 $ 209,367 $ Moved from F&A org Shared Services 770,439 $ 987,570 $ 918,438 $ (69,132) $ Vacation Reserves

• $
• $

40,000 $ 40,000 $ Moved from F&A org Facilities Service Credits (173,363) $ (158,842) $ (174,000) $ (15,158) $ Building Maintenance Service Credits

• $
• $
• $
• $

Administrative Special Service Credits (179,666) $ (142,701) $ (180,000) $ (37,299) $ Special Service Credits (3,832) $ (3,985) $ (3,800) $ 185 $ Institutional Revenue 9,393 $ 7,987 $

• $

(7,987) $ Investment fee - PUF Inter Institutional Revenue (823,872) $ 3,823 $

• $

(3,823) $ Waiver of 3rd party fees/ODS Educational Revenues 63,466 $ 108,275 $

• $

(108,275) $ Transfer-IFC Total Campus Wide Support 176,922 $ 1,426,113 $ 1,480,327 $ 3.80%

Year End Education and General Revenue Expenditures Net Beginning Fund Balance Revenue Expenditures Net Projected Fund Balance Consolidated E&G Budgets 39,142,169 $ 36,971,526 $ 2,170,643 $ 4,661,643 $ 39,883,800 $ 39,790,000 $ 93,800 $ 4,755,443 $ Year End Auxiliary Enterprises Revenue Expenditures Net Beginning Fund Balance Revenue Expenditures Net Projected Fund Balance Housing 3,227,568 $ 3,110,761 $ 116,807 $ 1,924,377 $ 3,487,280 $ 3,292,672 $ 194,608 $ 2,118,985 $ Student Activities/Incidental Fees 831,009 $ 829,001 $ 2,008 $ 2,937,908 $ 760,234 $ 734,934 $ 25,300 $ 2,963,208 $ Intercollegiate Athletics 1,010,765 $ 1,010,943 $ (178) $ 181,408 $ 1,208,452 $ 1,148,700 $ 59,752 $ 241,160 $ Health Services 626,883 $ 712,419 $ (85,536) $ 399,670 $ 624,500 $ 747,532 $ (123,032) $ 276,638 $ Parking Services 105,120 $ 51,594 $ 53,526 $ 251,929 $ 88,330 $ 83,485 $ 4,845 $ 256,774 $ Other Rentals (Gilbert Center) 10,252 $ 2,452 $ 7,800 $ (28,663) $ 10,000 $ 4,550 $ 5,450 $ (23,213) $ Other Auxiliaries (ISB/Student Clearing) 463,179 $ 101,784 $ 361,395 $ 2,345,699 $ 527,825 $ 390,755 $ 137,070 $ 2,482,769 $ Total Auxiliary Enterprises 6,274,776 $ 5,818,954 $ 455,822 $ 8,012,328 $ 6,706,621 $ 6,402,628 $ 303,993 $ 8,316,321 $ Year End Designated Operations Revenue Expenditures Net Beginning Fund Balance Revenue Expenditures Net Projected Fund Balance Consolidated Designated Operations 469,120 $ 576,833 $ (107,713) $ 360,134 $ 236,000 $ 179,804 $ 56,196 $ 416,330 $ Year End Service Departments Revenue Expenditures Net Beginning Fund Balance Revenue Expenditures Net Projected Fund Balance Consolidated Service Departments 160,826 $ 159,610 $ 1,216 $ 120,381 $ 112,500 $ 94,750 $ 17,750 $ 138,131 $ Year End Revenue Expenditures Net Beginning Fund Balance Revenue Expenditures Net Projected Fund Balance Grand Total 46,046,891 $ 43,526,923 $ 2,519,968 $ 13,154,486 $ 46,938,921 $ 46,467,182 $ 471,739 $ 13,626,225 $ FY16-Actuals FY17-Budget FY16-Actuals FY17-Budget FY16-Actuals FY17-Budget FY16-Actuals FY17-Budget FY16-Actuals FY17-Budget

Eastern Oregon University All Funds Budget Fiscal Year 2016-17 E&G Designated Operations Service Department Auxiliary Enterprises Total All Funds Revenue Student Fees 18,540,000 $ 14,000 $

• $

1,758,834 $ 20,312,834 $ Government Resources & Allocations 20,742,000 $

• $

728,704 $ 21,470,704 $ Gift Grants & Contracts 216,500 $ 52,000 $

• $
• $

268,500 $ Investment/Debt Service 226,000 $ 4,700 $ 7,040 $ 237,740 $ Sales and Service 100,400 $ 99,400 $ 17,000 $ 4,134,595 $ 4,351,395 $ Other Revenue 58,100 $ 23,900 $ 77,450 $ 159,450 $ Internal Sales

• $

42,000 $ 95,500 $ 137,500 $ Total Revenue 39,883,000 $ 236,000 $ 112,500 $ 6,706,623 $ 46,938,123 $ Expenses Salaries & Wages 20,294,505 $ 94,656 $ 45,374 $ 985,938 $ 21,420,473 $ OPE 10,791,105 $ 26,867 $ 25,270 $ 463,523 $ 11,306,765 $ Direct Expenses, includes transfers 8,702,603 $ 58,281 $ 24,106 $ 4,330,952 $ 13,115,942 $ Depreciation 622,215 $ 622,215 $ Internal Sales Reimbursements (696,416) $ (696,416) $ Total Expenses 39,091,797 $ 179,804 $ 94,750 $ 6,402,628 $ 45,768,979 $ Salary Pool 698,000 $ 698,000 $ NET 93,203 $ 56,196 $ 17,750 $ 303,995 $ 471,144 $ FY17 All Funds Budget

EOU - Education and General Fund FY16 Approved Budget FY17 Budget - Proposed Beginning Fund Balance $2,491 $4,661 Revenues State funding-SSCM Allotment 17,606 $ 17,940 $ 334 $ 1.90% Targeted or One Time Funding 2,440 $ 2,802 $ 362 $ 14.84% Total State Funding 20,046 $ 20,742 $ 696 $ 3.47% (1) Tuition Total Tuition $19,061 $20,097 1,036 $ 5.44% (2)

Fee Remissions

($2,200) ($2,042) 158 $

• 7.18% (3)

Course Fees $836 $485 (351) $ (4) Other Revenue $585 $601 16 $ 2.74% Total Revenues 38,328 $ 39,883 $ 1,555 $ 4.06% Operating Expenditures Wages and Salaries Classified $4,418 $4,637 219 $ 4.96% Administrative Professionals $5,532 $5,942 410 $ 7.41% Faculty $9,211 $9,283 72 $ 0.78% Student $502 $439 (63) $

• 12.55%

Other $128 $22 (106) $

• 82.81%

FY17 Salary Pool $698 698 $ Subtotal $19,791 $21,021 1,230 $ 6.21% (5) OPE Healthcare $4,971 $5,137 166 $ 3.34% Retirement $3,838 $3,934 96 $ 2.50% Other $1,668 $1,720 52 $ 3.12% Subtotal $10,477 $10,791 314 $ 3.00% (6) Total Personnel $30,268 $31,812 1,544 $ 5.10% Direct Expenditures, plus net Transfers $7,392 $7,978 586 $ 7.93% Total Expenses $37,660 $39,790 2,130 $ 5.66% (7) Revenues less Expenses $668 93 $ Ending Fund Balance $3,159 4,754 $ % Revenues 8.2% 11.9% (8) (1) $474,000 in one time allocations, plus increase for shared services (2) Business Differential included in tuition category FY17 (3) Decrease fee remission (foregone revenue) (4) Business Differential included in tuition category FY17 (5) FY16 salary increases, new positions and reallocations (6) Minimal increases associated with new positions or salary increases (7) Expenditure reallocations or new costs associated with new initiatives (8) Maintain fund balance at same percent as FY16 FY17 variance over FY16 FY17 Budget Overview - BOT F&A September Overview 9/28/2016