FY19 BUDGET DEVELOPMENT Main Campus Main Cam us AUM, AAES, A M, - - PowerPoint PPT Presentation

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Apr 15, 2023 226 likes •288 views

FY19 BUDGET DEVELOPMENT Main Campus Main Cam us AUM, AAES, A M, AAES, ACES ES SBI Go SBI Governance rnance Budget allocations under Budge allocations under Budge Budget A Advisor visory Committ Committee ee hist historic model

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SLIDE 2

Main Cam Main Campus us

SBI Go SBI Governance rnance

Budge Budget A Advisor visory Committ Committee ee Central Unit Central Unit Allocation Committ Allocation Committee Space Management/R Space Management/Repair & epair & Reno novation Committ vation Committee ee

AUM, AAES, A M, AAES, ACES ES

Budge Budget allocations under allocations under hist historic model

ric model

Budge Budget A Advisor visory Committ Committees ees

FY19 BUDGET DEVELOPMENT

Following favorable discussion, detailed budget development will proceed, with Proposed FY19 Budget to be presented in September Board meeting for approval. 2

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PROJECTED RESOURCES AVAILABLE

MAIN CAMPUS

State Appropriations - $6M increase
Tuition & fees - $28M increase
TOTAL $34M*

*Does not include unit generated additional revenues such as professional fees, sales and services and other sources available for priorities

3

SLIDE 4

PROJECTED USES OF RESOURCES

MAIN CAMPUS

Merit increases/benefits - $11.5M *
Average 3%
Contingency - $7.5M
Mandatory Costs - $11.1M
Strategic Initiatives - $3.9M
TOTAL $34M

*Does not include unit salary/benefit costs in self-supporting units 4

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OTHER DIVISIONAL GUIDELINES AND ALLOCATIONS

AU AUM Available F ailable Fund nding – ing – Tuit uition in

n increase & stat

crease & state appr e appropriations

priations

Priori Prioriti ties – es – Merit salar erit salary increas increases, f s, faculty pr culty promotio

tions,

ns, f fring inge b benefit i t incre creases, s, e enhan hancing cing academic pr academic programs

grams, and operati

, and operational costs

nal costs

AAES AAES Available F ailable Fund nding – ing – Stat tate appr appropri

priation

ations & & int intern rnal reallocati al reallocations

Priori Prioriti ties – es – Merit salar erit salary increas increases, f s, faculty/ culty/staf aff pr f promo

motions, and frin

, and fringe benefit ge benefit increas increases AC ACES Available F ailable Fund nding – ing – Stat tate appr appropri

priation

ations & & int intern rnal reallocati al reallocations

Priori Prioriti ties - es - Merit erit salar salary increases increases, f faculty culty/st staf aff pr f promo

motions, and fringe benef
ns, and fringe benefit increases

increases