Enrollment and Budget Update Fiscal Year 2019 All-University - PowerPoint PPT Presentation

Enrollment and Budget Update Fiscal Year 2019 All-University Meeting September 26, 2019

Fa Fall Enrollment and Full Time Equivalency (FTE) 15th Day Census

Re Residency by Percenta tage of Headcount 15th Day Census

En Enrollment t Headcount t Trends by by Class Standing 15th Day Census 1600 1400 1200 Post-Bacc 1000 Senior 800 Junior Sophomore 600 Freshmen 400 200 0 Fall 05 Fall 06 Fall 07 Fall 08 Fall 09 Fall 10 Fall 11 Fall 12 Fall 13 Fall 14 Fall 15 Fall 16 Fall 17 Fall 18

Com Comparison on of of New Enrol ollment and Exited Students by An Annual Year Exited Students AY18 221 19 285 AY17 211 43 323 AY16 235 20 300 AY15 229 23 311 189 22 330 AY14 186 26 371 AY13 0 200 400 600 800 . Exited Students: Red=Graduates; Black=Suspended; Gray=Other

St Strategic c Enrollment Management

Fiscal 2019 – All Funds Current Restricted, $4,849,972.00 , 13% Current Designated, $4,916,814.00 , 14% Current Operating Unrestricted, $15,853,420.00 , 44% Auxiliary Enterprises, $6,542,085.00 , 18% Plant Funds, $3,714,694.00 , 10% Loan & Endowment Funds, $187,360.00 , 1%

All Funds History $40,000,000.00 $35,000,000.00 $30,000,000.00 $25,000,000.00 $20,000,000.00 $15,000,000.00 $10,000,000.00 $5,000,000.00 $- FY14 FY15 FY16 FY17 FY18 FY19 Current Operating Unrestricted Current Restricted Current Designated Auxiliary Enterprises Loan & Endowment Funds Plant Funds Total All Funds Linear (Current Operating Unrestricted) Linear (Current Designated) Linear (Auxiliary Enterprises)

Fiscal 2019 – All Funds Current Restricted, $4,849,972.00 , 13% Current Designated, $4,916,814.00 , 14% Current Operating Unrestricted, $15,853,420.00 , 44% Auxiliary Enterprises, $6,542,085.00 , 18% Plant Funds, $3,714,694.00 , 10% Loan & Endowment Funds, $187,360.00 , 1%

FY19 Current Unrestricted Capital and Transfers, $361,519.00 , 2% Operating Expenses, $3,342,572.00 , 21% Benefits, $3,494,289.00 , 22% Salaries and Wages, $8,655,040.00 , 55%

FY19 Personnel Mix Salaries and Wages Only (Expense) Contract Administrative, $639,897.00 , 7% Contract Professional, Classified, $1,834,516.00 , $1,018,482.00 , 12% 21% Other, $57,449.00 , 1% Contract Faculty, $5,104,697.00 , 59%

FY19 Personnel Mix Full Time Equivalent Classified, 48, 31% Contract Professional, 19, Contract 12% Administrative, 6, 4% Other, 2, 1% Contract Faculty, 81, 52%

FY19 CU Operating Expenses ($3,342,572) Other Waivers & Scholarships Repairs & Maintenance Utilities Travel Communications Supplies Contracted Services $- $200,000.00 $400,000.00 $600,000.00 $800,000.00 $1,000,000.00 $1,200,000.00

Current Unrestricted History $18,000,000.00 $16,000,000.00 $14,000,000.00 $12,000,000.00 Personnel as a percentage of total: 76%, 75%, 76%, 73%, 75%, 77% $10,000,000.00 $8,000,000.00 $6,000,000.00 $4,000,000.00 $2,000,000.00 $- FY14 FY15 FY16 FY17 FY18 FY19 Salaries and Wages Benefits Operating Expenses Capital and Transfers Total Linear (Salaries and Wages) Linear (Benefits) Linear (Operating Expenses)

Personnel Expenditure Ratio UM Missoula Great Falls Helena Western MSU Northern MT Tech MSU Billings MSU Bozeman 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Personnel All Other

Personnel/Enrollment Tracking 180 1600 160 1400 140 1200 120 1000 100 800 80 600 60 400 40 200 20 0 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Student FTE Employee FTE Poly. (Student FTE)

Fall Enrollment and the Fiscal Impact for FY19 Revenues FY19 Budget FY19 Estimate Impact Tuition & Fees $ 7,761,583.00 $ 7,437,000.00 $ (324,583.00) State Formula Allocation $ 6,832,055.00 $ 6,832,055.00 $ - 6-Mil Levy $ 898,307.00 $ 898,307.00 $ - Other $ 361,475.00 $ 361,475.00 $ - Total $ 15,853,420.00 $ 15,528,837.00 $ (324,583.00) Note: FY19 Revenues were based on a total enrollment of 1395 annualized FTE. The most recent enrollment numbers (fall census) represent an annualized FTE estimate of 1330*. * Not an official estimate/projection

Keeping Our Eye on 2020-2021 The following are key revenue elements that have yet to be determined. Each will play a major role in the outcome of our funding for the next biennium: Enrollment • 6-Mil Levy • Allocation model and potential changes • Performance Funding • Present Law Adjustment • Annualization of pay increases • Any possible tuition and/or fee increases • The major expense category that will require monitoring and adjustment is personnel expenses.

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