FY20 REVENUE BUDGET $1.443B Main Cam Main Campus us $1,20 - - PowerPoint PPT Presentation

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Sep 07, 2022 163 likes •214 views

FY20 REVENUE BUDGET $1.443B Main Cam Main Campus us $1,20 $1,207.0M .0M 83.7 83.7% ACES AC $67 $67.0M AAES AAES 4.6% 4.6% AUM AU $6 $61.4M $107.3 $1 .3M 4.3% 4.3% 7.4% 7. FY19 Budget - FY19 Budget - $1.349B $1.349B

SLIDE 1

SLIDE 2

FY20 REVENUE BUDGET $1.443B

Main Cam Main Campus us $1,20 $1,207.0M .0M 83.7 83.7% AU AUM $1 $107.3 .3M 7. 7.4% AAES AAES $6 $61.4M 4.3% 4.3% AC ACES $67 $67.0M 4.6% 4.6%

FY19 Budget - FY19 Budget - $1.349B $1.349B

SLIDE 3

FY20 EXPENSE BUDGET $1.443B

Compensation Expenses (All Divisions) - $40M
Merit salary increase approx. 3.5% & One-time salary supplement
Fringe Benefit increase (retirement & health insurance increases)
Faculty and job family promotion, market/equity for faculty
New faculty hires
Operating Expenses - $54M
Student Aid/Waivers
Mandatory contract increases & building operations
Restricted expenses & inflationary growth
Contingency
Research initiatives