RE PORT TO THE BOARD OF TRUSTE E S PROPOSE D STUDE NT FE E - - PowerPoint PPT Presentation

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Aug 12, 2023 179 likes •324 views

RE PORT TO THE BOARD OF TRUSTE E S PROPOSE D STUDE NT FE E RATE S FY 2016 AND FY 2017 CONCE PTUAL BUDGE T PLAN FY 2016 May 2015 LEGISLATIVE OUTCOMES FY 2016 Operating Appropriations Increases WL: (1.1%), PUC: 0.7%, PNC: 1.4%,

SLIDE 1

RE PORT TO THE BOARD OF TRUSTE E S

May 2015 PROPOSE D STUDE NT FE E RATE S FY 2016 AND FY 2017 CONCE PTUAL BUDGE T PLAN FY 2016

SLIDE 2

LEGISLATIVE OUTCOMES

FY 2016 Operating Appropriations Increases

WL: (1.1%), PUC: 0.7%, PNC: 1.4%, IPFW: 0.7%

Appropriations for Capital Projects

Debt Service Construction Project
Ag & Life Sciences (WL): $35M
Cash Funded Construction Projects
Emerging Technologies Planning Funds (PUC): $2.4M
Purdue System Wide Repair & Rehabilitation, Biennium: $21.1M
Regional Campus Repair & Rehabilitation: $12.5M

Line Items

Line Items continue at existing levels
Dual Credit funded at $50/credit hour
One-time $3.0M for Purdue Polytechnic Institute (PPI)

Regulatory

New rates apply if state universities use the State Board of Accounts for annual audit

functions

The Budget Agency may not withhold appropriations without review of the Budget

Committee

SLIDE 3

PROPOSED FEE STRUCTURE – WEST LAFAYETTE

General Biennial Increase

0.0% each year for West Lafayette Campus and Statewide Technology for resident,

nonresident, and international students

Proposed New Fees

Computer Science Differential Fee
Effective in FY 2016 to “new to campus” students (grandfathering existing students)
$2,050 undergraduate and $1,124 graduate per year (equal to Engineering)

Other

Eliminated $200 fee for credit-bearing Internship/Co-op/Industrial Practice
Student Housing and Meal Plan Rates held flat for 2015-16 academic year

Previously Approved Fees

Doctorate of Nursing Practice System-wide Program Fees
$725 per credit hour residents
$950 per credit hour nonresidents
$100 per credit for up to 6 residency/practica courses

SLIDE 4

PROPOSED FEE STRUCTURE – REGIONAL CAMPUSES

General Biennial Increases

Calumet: 1.65% for resident and nonresident students in FY 2016
North Central: 0.4% for resident and nonresident students in FY 2016
1.25% difference between Calumet and North Central in FY 2016 brings tuition rates into

parity in anticipation of merged campuses

Purdue Northwest: 1.65% average campus increase in FY 2017
IPFW: 1.65% each year for resident and nonresident students

Proposed New Fees

Purdue Northwest Differential Fees
Effective in FY 2017 for “new to campus” students (grandfathering existing students)
Engineering, Technology, Business, Nursing
Undergraduate: $200-$265 per semester; Graduate: $250-$290 per semester
IPFW Differential Fees
Engineering, Technology, Business, Nursing
All students, course-assessed per credit hour
FY 2016: $11.75 undergraduate and $14.90 graduate
FY 2017: $23.90 undergraduate and $30.25 graduate
MBA: $87.95 per credit hour

Previously Approved Fees

Doctorate of Nursing Practice System-wide Program Fees
$725 per credit hour residents
$950 per credit hour nonresidents
$100 per credit for up to 6 residency/practica courses

SLIDE 5

RE PORT TO THE BOARD OF TRUSTE E S

May 2015 CONCE PTUAL BUDGE T PLAN FY 2016

SLIDE 6

FY 2016 BUDGET PARAMETERS– WEST LAFAYETTE

0% general student fee increase
1.1% operating appropriation decrease
3.5% merit increase salary policy, with the last 0.5% conditional upon meaningful

contributions to efficiencies

11.6% medical savings assumed for CY 2016
1.0% increase in supplies and expense budgets
Funding allocated for Purdue Moves and Scholarships
Budget funded primarily from existing revenues and reallocations:
Change in student enrollment / residency mix: $25M
Efficiency Savings Reallocations: $15.5M

SLIDE 7

Conditional 0.5% of Merit Raise Pool

Reduction in administrative positions:

elimination/consolidation of high-cost administrative positions

Space utilization: increasing Monday, Friday and

afternoon classes for Spring 2016

Pay differentiation based on merit: clearly differentiating

performance

SALARY POLICY – WEST LAFAYETTE

SLIDE 8

GENERAL FUND BUDGET BY REVENUE SOURCE

WE ST LAFAYE TTE CAMPUS

General Fund Revenues Adjusted FY 2015 Budget Proposed FY 2016 Budget Dollar Change State Appropriations $ 244,842,698 $ 242,228,085 $ (2,614,613) Debt Service Appropriation 20,821,980 20,814,754 (7,226) Student Fees 642,429,529 671,357,918 28,928,389 59,200,000 59,200,000 Interest Income 25,500,000 25,500,000 Other Income 24,441,947 25,550,817 1,108,870 Total Revenues $ 1,017,236,154 $ 1,044,651,574 $ 27,415,420 Facilities and Admin. Recovery

SLIDE 9

FY 2016 GENERAL FUND BUDGET

WE ST LAFAYE TTE CAMPUS

Expenditures Amount

Salary Increases and Adjustments $ 15,475,500 Faculty Change in Academic Rank 763,519 Clerical & Service Wages Increase 380,000 Benefits Related to Salary Increase 2,928,162 Benefits Related to Rates and Adjustments (2,942,507) Total Compensation Increases and Benefits $ 16,604,674 Fuels, Utilities and Insurance $ 1,057,640 Plant Expansion 317,962 Miscellaneous Unavoidable Costs 215,849 Total Mandatory Cost Increases $ 1,591,451 Purdue Moves 15,413,471 Infrastructure Support 4,987,250 Academic Strategic Initiatives 2,477,690 Academic Support 1,886,701 Debt Service from Appropriations (7,226) Efficiency Savings Reallocations (15,538,591)

Total Expenditures

$ 27,415,420

SLIDE 10

FY 2016 BUDGET PARAMETERS – REGIONAL CAMPUSES

General biennial student fee increase
Calumet: 1.65% in FY 2016
North Central: 0.4% in FY 2016
Purdue Northwest: 1.65% average campus increase in FY 2017
IPFW: 1.65%
Operating appropriation increase
Calumet: 0.7%
North Central: 1.4%
IPFW: 0.7%
Merit increase salary policy
Calumet: 2.0%
North Central: 1.5%
IPFW: 1.5%
Nonrecurring salary adjustments
Calumet and North Central: $1,500 per employee
IPFW: $1,000 per employee
Medical savings: 11.6% assumed for CY 2016
Increase in supplies and expense budgets
Calumet and North Central: 1.5%
IPFW: 0.0%

SLIDE 11

GENERAL FUND BUDGET BY REVENUE SOURCE

RE GIONAL CAMPUSE S

General Fund Revenues Proposed FY 2016 Budget Dollar Change Proposed FY 2016 Budget Dollar Change Proposed FY 2016 Budget Dollar Change State Appropriations $ 28,150,870 $ 258,608 $ 14,896,950 $ 1,076,811 $ 41,946,773 $ 648,607 Debt Service Appropriation 1,477,771 (713) 1,579,307 (445,230) 5,310,600 (1,623) Student Fees 53,706,488 2,196,034 19,141,774 2,297,857 60,353,132 (46,511) 750,000 60,000 211,130 15,130 Interest Income 1,750,000 750,000 700,000 381,000 1,484,819 284,819 Other Income 885,000 (45,000) 251,000 (600,000) 2,197,176 468,797 Total Revenues $ 86,720,129 $ 3,158,929 $ 36,629,031 $ 2,710,438 $ 111,503,630 $ 1,369,219 Indiana-Purdue Fort Wayne Facilities and Admin. Recovery Purdue North Central Purdue University Calumet

SLIDE 12

FY 2016 GENERAL FUND BUDGET

RE GIONAL CAMPUSE S Expenditures Purdue University Calumet Purdue North Central Indiana-Purdue Fort Wayne

Salary Increases and Adjustments $ 896,000 $ 292,575 $ (562,365) Faculty Change in Academic Rank 54,640 27,320 85,000 Benefits Related to Salary Increase 214,004 59,512 178,400 Benefits Related to Rates and Adjustments (148,294) (101,927) (1,531,455) Total Compensation Increases $ 1,016,350 $ 277,480 $ (1,830,420) Mandatory Cost Increases $ (220,072) $ (392,802) $ 203,983 Infrastructure Support 243,691 32,283 (93,379) Academic Strategic Initiatives 916,712 26,778 25,828 Academic Support 1,202,961 3,118,804 3,064,831 Other Debt Service Allocation 93,125 Debt Service from Appropriations (713) (445,230) (1,623) Total Expenditures $ 3,158,929 $ 2,710,438 $ 1,369,219

SLIDE 13