Rutgers Reserves Source: Audited Financial Statements; Amounts in Millions 1,200.0� � Rutgers has $1 1,000.0� � BILLION of Reserves 800.0� � 600.0� � Restricted� Expendable� Unrestricted� 400.0� � 200.0� � 0.0� � 2006� 2007� 2008� 2009� 2010� 2011� 2012� 2013� 24
UMDNJ Net Assets Broken Down Source: Audited Financial Statements In� Millions 2008 2009 2010 2011 2012 2013 Total� Assets 1,681.0 1,581.0 1,550.6 1,526.1 1,509.8 1,434.3 Total� Liabilities 1,084.7 1,076.4 1,067.6 1,047.0 1,030.8 1,002.5 Net� Assets 596.3 504.7 483.0 478.0 479.0 431.8 In� Millions 2008 2009 2010 2011 2012 2013 Invested� in� Capital� Assets 445.3 379.8 336.5 304.9 282.5 260.0 Restricted� Non-Expendable 59.7 57.6 60.8 66.5 67.3 73.4 Restricted� Expendable 183.8 162.9 158.8 149.9 157.7 89.2 Unrestricted (92.5) (95.7) (73.1) (43.3) (28.5) 9.2 Total� Net� Assets 596.3 504.7 483.0 478.0 479.0 431.8 In� Millions 2008 2009 2010 2011 2012 2013 Restricted� Expendable 183.8 162.9 158.8 149.9 157.7 89.2 Unrestricted (92.5) (95.7) (73.1) (43.3) (28.5) 9.2 25
UMDNJ Reserves Source: Audited Financial Statements 500.0� � 400.0� � 300.0� � Restricted� 200.0� � Expendable� 100.0� � Unrestricted� 0.0� � (100.0)� (200.0)� 2008�2009�2010�2011�2012�2013� 26
Rutgers Reserves in Context In� Millions 2008 2009 2010 2011 2012 2013 Total� Reserves 905.8 943.8 996.3 1,031.5 1,030.9 1,004.3 Total� Operating� Expenses 1,590.6 1,678.0 1,737.4 1,742.7 1,886.2 1,985.4 27 Primary� Reserve� Ratio 57% 56% 57% 59% 55% 51%
UMDNJ Reserves in Context In� Millions 2008 2009 2010 2011 2012 2013 Total� Reserves 91.3 67.2 85.7 112.1 134.4 98.4 Total� Operating� Expenses 1,680.5 1,770.7 1,802.7 1,757.9 1,781.9 1,876.5 Primary� Reserve� Ratio 5% 4% 5% 6% 8% 5% 28
Cash Flows Generated Source: Audited Financial Statements 250.0� � 200.0� � 150.0� � UMDNJ� Cash� Flows� 100.0� � Rutgers� Cash� Flows� 50.0� � 0.0� � (50.0)� 2008� 2009� 2010� 2011� 2012� 2013� 29
Rutgers Ratio Score Detail 2008 2009 2010 2011 2012 2013 Viability� Ratio 162% 117% 129% 92% 95% 96% Primary� Reserve� Ratio 56.9% 56.2% 57.3% 59.2% 54.7% 50.6% Cash� Flow� Ratio 7.8% 8.4% 7.8% 9.9% 5.2% 4.5% Net� Asset� Ratio 5.3% -0.1% 6.2% 11.0% 3.1% 3.2% Viability� Score 3.91 3.61 3.70 3.30 3.38 3.41 Primary� Reserve� Score 4.78 4.75 4.79 4.87 4.69 4.52 Cash� Flow� Score 5.00 5.00 5.00 5.00 4.58 4.24 Net� Asset� Score 4.67 1.48 5.00 5.00 3.54 3.62 Rutgers� Composite� Score 4.61 4.14 4.61 4.56 4.23 4.10 30
UMDNJ Ratio Score Detail 2008 2009 2010 2011 2012 2013 Viability� Ratio 13.3% 9.8% 12.7% 16.9% 20.7% 15.5% Primary� Reserve� Ratio 5.4% 3.8% 4.8% 6.4% 7.5% 5.2% Cash� Flow� Ratio -0.7% -1.8% 1.9% 2.2% 1.3% 1.1% Net� Asset� Ratio -6.4% -5.3% -1.2% 0.0% 0.0% -2.5% Viability� Score 0.94 0.83 0.92 1.06 1.19 1.02 Primary� Reserve� Score 1.59 1.42 1.48 1.78 2.01 1.55 Cash� Flow� Score 1.36 1.15 2.94 3.11 2.64 2.57 Net� Asset� Score 0.22 0.44 1.26 1.53 1.54 0.99 UMDNJ� Composite� Score 1.23 1.11 1.62 1.85 1.89 1.57 31
Rutgers and UMDNJ Composite Ratio Scores 5.00� � 4.50� � 4.00� � Perfect� Score� 3.50� � 3.00� � Rutgers� Composite� Score� 2.50� � UMDNJ� Composite� 2.00� � Score� 1.50� � Trouble� 1.00� � 0.50� � 0.00� � 2008� 2009� 2010� 2011� 2012� 2013� 32
Actual Bond Ratings Moody's S&P Rank Rutgers Aa3 AA- 4th� highest� of� 24 UMDNJ Baa1 BBB+ 8th� highest� of� 24 2� states� are� worse;� 44� are� State� of� New� Jersey Aa3 AA- better 33
34
Rutgers Strengths and Weaknesses per Moody’s https://www.moodys.com/research/Moodys-assigns-Aa3-to-239-M-Rutgers-NJ-Lease-Revenue--PR_280380 Strong market position; High debt level, made worse Flagship with 57k students, by assumption of roughly going to Big 10 70% of UMDNJ's debt The integration of two large Rutgers is key to the State’s organizations with different economy; State appropriation cultures will be difficult ¾ Billion in 2014 Recent controversies with Incorporation of 9 UMDNJ basketball coach, AD, and units will help to attract President have proven research dollars and support distracting Demonstrated State support and operating fundraising ability margins are problematical 35
Rutgers and UMDNJ Revenue Analysis 36
Rutgers 2013 Revenue Distribution Source: Audited Financial Statements 3%� 4%� 1%� 3%� Tui on� and� Fees,� Net� 3%� Grants� and� Contracts� 32%� 8%� Auxiliaries� State� Appropria on� 12%� State� Appropriaiton,� Fringes� Federal� � Student� Aid� investment� Income� 13%� 21%� 37
UMDNJ 2013 Revenue Distribution Source: Audited Financial Statements 4%� Tui on� and� fees� 7%� 14%� Grants� and� contracts� 16%� Pa ent� Revenue� 11%� Professional� Service� contracts� State� Appropria on,� 26%� Opera ons� 22%� State� Appropria on,� Fringes� Other� Revenues� 38
Rutgers: Main Revenue Sources Over Time Source: Audited Financial Statements 39
UMDNJ: Main Revenue Sources Over Time Source: Audited Financial Statements 40
Rutgers: State Operating Appropriation per Student, All Campuses Source: Audited Financial Statement and 2013 Bond Disclosure $800� � $700� � $600� � $500� � $400� � $300� � $200� � $100� � $0� � 2008� 2009� 2010� 2011� 2012� 2013� 2008 2009 2010 2011 2012 2013 356.3 309.4 328.9 305.3 290.9 273.2 State� Operating� Appropriation Total� Enrollment 50,516 52,471 54,645 56,868 58,182 58,788 Appropriation� per� Student $705 $590 $602 $537 $500 $465 41
Rutgers: Total Revenues Over Time Despite hits from the 2,500.0� � state, total revenues are increasing 2,000.0� � 1,500.0� � 1,000.0� � 500.0� � 0.0� � 2008� 2009� 2010� 2011� 2012� 2013� 42
UMDNJ: Total Revenues Over Time 2,000.0� � 1,800.0� � 1,600.0� � 1,400.0� � 1,200.0� � 1,000.0� � 800.0� � 600.0� � 400.0� � 200.0� � 0.0� � 2008� 2009� 2010� 2011� 2012� 2013� 43
State Appropriation: Rutgers, UMDNJ, and the Combined Institution for 2014 Sources: Audited Financial Statements and December 2013 Bond disclosure In� Millions 2008 2009 2010 2011 2012 2013 2014� Budget Operating,� Rutgers 356.3 309.4 328.9 305.3 290.9 273.2 Fringes,� Rutgers 134.4 146.4 147.6 144.9 153.1 165.0 Operating,� UMDNJ 281.4 254.1 262.4 214.6 205.9 200.2 Fringes,� UMDNJ 182.5 182.2 192.9 183.9 204.7 255.3 Operating,� Combined 455.1 Fringes� Combined 299.8 Total 954.6 892.1 931.8 848.6 854.6 893.7 754.8 Note:� UH� is� not� part� of� Rutgers,� and� was� approximately� 29%� of� UMDNJ� revenues If� we� take:� 100%� of� 2013� Rutgers� plus� 71%� of� UMDNJ: Operating,� Rutgers 273.2 Fringes,� Rutgers 165.0 Operating,� UMDNJ 142.2 Fringes,� UMDNJ 181.2 Total 761.6 44
State Appropriation Graphically Sources: Audited Financial Statements and December 2013 Bond disclosure 1,200.0� � UH not being included in the merger is why the 2014 appropriation is lower 1,000.0� � 800.0� � Fringes� Combined� Opera ng,� Combined� 600.0� � Fringes,� UMDNJ� Opera ng,� UMDNJ� 400.0� � Fringes,� Rutgers� Opera ng,� Rutgers� 200.0� � 0.0� � 2008� 2009� 2010� 2011� 2012� 2013� 2014� Budget� 45
Tuition and Fees, Rutgers Source: Bond Report, December 2013 $16,000� � $14,000� � $12,000� � $10,000� � Computer� Fee� $8,000� � College� Fee� $6,000� � Tui on� $4,000� � $2,000� � $0� � 2008�2009� 2010� 2011�2012�2013�2014� 46
Tuition, Fees, Room and Board Detail Source: Bond Report, December 2013 %� Change� 2008� to� UG� Resident 2008 2009 2010 2011 2012 2013 2014 2014 25% Tuition $8,541 $9,268 $9,546 $9,926 $10,104 $10,356 $10,718 32% College� Fee $1,870 $1,989 $2,057 $2,345 $2,356 $2,412 $2,474 12% Computer� Fee $275 $283 $283 $288 $294 $304 $307 26% Total $10,686 $11,540 $11,886 $12,559 $12,754 $13,072 $13,499 31% Board $3,810 $4,000 $4,150 $4,380 $4,540 $4,700 $4,976 19% Room $5,952 $6,232 $6,526 $6,836 $7,042 $7,042 $7,092 24% Room� +� Board $9,762 $10,232 $10,676 $11,216 $11,582 $11,742 $12,068 Grand� Total $20,448 $21,772 $22,562 $23,775 $24,336 $24,814 $25,567 25% 47
Tuition Discounting In� Millions 2009 2010 2011 2012 2013 2014� Budget Tuition� and� Fees,� Gross 643.5 697.3 771.3 814.6 847.4 991.8 Allowance 118.4 148.0 157.3 169.3 176.9 182.3 Tuition� and� Fees,� Net 525.1 549.3 614.0 645.3 670.6 809.6 Discount� Rate 18.4% 21.2% 20.4% 20.8% 20.9% 18.4% 48
Enrollment, Overall Source: Bond Report, December 2013 2014� 65,512� � 2013� 58,788� � 2012� 58,182� � 2011� 56,868� � 2010� 54,645� � 2009� 52,471� � 2008� 50,516� � 0� � 10,000� � 20,000� � 30,000� � 40,000� � 50,000� � 60,000� � 70,000� � 49
Enrollment by Campus and Level Source: Bond Report, December 2013 35,000� � New� Brunswick� UG� 30,000� � New� Brunswick� Grad/ 25,000� � Prof� Newark� UG� 20,000� � 15,000� � Newark� Grad/Prof� 10,000� � Camden� UG� 5,000� � Camden� Grad/Prof� 0� � 2008� 2009� 2010� 2011� 2012� 2013� 2014� 50
2014 Enrollment Distribution by Campus and Level Source: Bond Report, December 2013 2%� New� Brunswick� UG� 2%� 8%� New� Brunswick� Grad/ 7%� Prof� Newark� UG� 6%� 49%� Newark� Grad/Prof� 12%� Camden� UG� Camden� Grad/Prof� 14%� RBHS� UG� 51
Specific Enrollment Data by Campus %� Change� 2008� to� 2008 2009 2010 2011 2012 2013 2014 2014 New� Brunswick� UG 31,593 32,280 20.3% 26,829 28,031 29,095 30,351 31,268 New� Brunswick� Grad/Prof 7,975 8,010 8,269 8,561 8,682 8,841 8,978 12.6% Newark� UG 6,685 7,001 7,307 7,479 7,465 7,666 7,756 16.0% Newark� Grad/Prof 3,868 4,031 4,193 4,319 4,339 4,345 4,231 9.4% Camden� UG 3,690 3,870 4,121 4,497 4,653 4,708 4,842 31.2% Camden� Grad/Prof 1,469 1,528 1,660 1,661 1,775 1,635 1,422 -3.2% RBHS� UG 1,082 RBHS� Grad 4,921 TOTAL 58,788 65,512 29.7% 50,516 52,471 54,645 56,868 58,182 52
Changes in Tuition Price, Enrollment, and Tuition Revenue (2014 are budgeted amounts) 25.0%� 20.0%� 15.0%� Enrollment� Tui on� and� Fees� 10.0%� Tui on� Revenue� 5.0%� 0.0%� 2008� to� 2009� to� 2010� to� 2011� to� 2012� to� 2013� to� 2009� 2010� 2011� 2012� 2013� 2014� 53
Priorities of the Administration: Are They Being True to the Core Academic Mission? 54
2013 Rutgers Expense Distribution Source: Audited Financial Statements Instruc on� 14%� Research� Other� Research� 5%� 36%� 2%� Other� Sponsored� Programs� Public� Service� 7%� Libraries� Student� Services� Plant� 7%� General� Administra ve� � 5%� Scholarships� 12%� Deprecia on� 4%� 4%� 2%� Auxialiries� 2%� 55
2013 UMDNJ Expense Distribution Source: Audited Financial Statements Instruc on� 10%� 12%� Research� 8%� Public� Service� 21%� 6%� Ins tu onal� Support� 7%� Pa ent� Care� Services� 36%� Professional� Services/ Contracts� 56
Rutgers: Instructional and Research Costs in Context Source: Audited Financial Statements 2010 2011 2012 2013 520.8 558.0 584.5 617.5 Instruction� Salaries� and� Benefits 164.4 169.1 177.1 195.5 Research� Salaries� and� Benefits Total� of� Above� Two� Items 685.2 727.1 761.6 813.0 Total� Rutgers� Expenses 1,737.4 1,742.7 1,886.2 1,985.4 Instruction� and� Research� Salaries� +� Benefits� as� a� %� of� Total� Rutgers� Expenses 39.4% 41.7% 40.4% 40.9% 57
UMDNJ Spending on Salaries, 2009 vs. 2013 Source: Audited Financial Statements 2009 2013 $� Change %� Change Salaries,� in� Millions 143.5 129.7 (13.9) -9.7% Instruction 68.8 58.5 (10.3) -14.9% Research 65.5 74.6 9.2 14.0% Public� Service 49.8 48.6 (1.3) -2.6% Institutional� Support 58
Instruction + Research Expenses as a % of Total Expenses per IPEDS: Rutgers vs. Big Ten AAU 70%� 61%� 60%� 59%� 60%� 57%� 54%� 52%� 51%� 50%� 50%� 49%� 48%� 50%� 40%� 30%� 20%� 10%� 0%� Wisconsin� State� State� Purdue� Iowa� Minnesota� State� Illinois� Michigan� Indiana� Rutgers� Penn� Ohio� Michigan� 59
Rutgers vs. Big Ten AAU per IPEDS: Instruction and Research Broken Down 70%� 60%� 50%� 24%� 20%� 17%� 9%� 12%� 25%� 40%� 27%� 19%� 23%� 23%� 40%� 30%� Research� 20%� 41%� 36%� 36%� 39%� 40%� Teaching� 32%� 27%� 27%� 29%� 25%� 22%� 10%� 0%� � � � � � � � � � � � n e e e a a e s n a s i r i t t u w t t a n o s e a a o a d g a n o n g t t s t i r i o S S I S i h d t e � � u � l u l c n c n n o P n I R s i n I n i a M i h W i g e M O P i h c i M 60
Rutgers vs. Big Ten AAU per IPEDS: Institutional Support as a % of Total Expenses 18%� 16%� 16%� 14%� 11%� 12%� 10%� 10%� 9%� 9%� 8%� 7%� 8%� 6%� 5%� 6%� 3%� 4%� 3%� 2%� 0%� � � � � � � � � � � � s n a e s a a e e e n i r w t t n i t t u a o e s o a a a a d g n n o g t s t t i i r i o S t S S I e d h � l � � u u l c n c n I n n o P R s i n I a n i M i h W g i e M O i P h c i M 61
Number of Employees for All Three Rutgers Campuses and UMDNJ per IPEDS (Integrated Postsecondary Education Data System of the U.S. Department of Education) 62
Newark: Number of Employees per IPEDS Newark Change� 2008� to� 2013 2008 2009 2010 2011 2012 2013 #� Change %� Change 355 339 349 375 388 359 4 1% T/TT 67 96 98 104 108 112 45 67% FT� Non� Tenure� Track 422 435 447 479 496 471 49 12% Total� Teaching� Faculty 681 684 702 722 785 855 174 26% Non-instructional� staff 30 29 29 26 30 33 3 10% Management 222 260 257 253 292 326 104 47% Part� time� teaching 147 136 152 158 166 178 31 21% Grad� Teaching 422 435 447 479 496 471 49 12% Enrollment 63
Newark, % Change in Employees, 2008 to 2013 80%� 67%� 70%� 60%� 47%� 50%� 40%� 30%� 26%� 21%� 20%� 12%� 10%� 10%� 1%� 0%� Track� teaching� staff� Teaching� Enrollment� Management� Faculty� Non-instruc onal� Tenure� Tenure/TT� Part� me� Grad� Non� FT� 64
Newark, Non-Instructional Employees, 2013 (per IPEDS new Classification) Average� IPEDS� Classification Number Total� Salary Salary Management� Occupations 33 $6,416,642 $194,444 Healthcare� and� Technical 11 $823,161 $74,833 Biz� and� Financial� Operations 238 $17,657,871 $74,193 Library/Insst.� Support 44 $2,991,273 $67,983 Computer,� Eng,� Science 83 $5,638,965 $67,939 Comm� Svc,� Legal,� Media 44 $2,702,153 $61,413 Maintenance 52 $3,021,792 $58,111 Office� and� Admin� Support 153 $7,682,344 $50,211 Research 51 $2,546,817 $49,938 Service 146 $6,905,888 $47,301 Total 855 $56,386,906 $65,950 65
Camden, Number of Employees per IPEDS Camden 2008 2013 #� Change %� Change 213 219 6 3% Tenure/Tenure� Track� Faculty 30 54 24 80% FT� Non� Tenure� Track 410 545 135 33% Non-instructional� staff 183 252 69 38% Part� time� Faculty 22 61 39 177% Graduate� Assistants 5,159 6,343 1,184 23% Enrollment 66
Camden, % Change in Employees, 2008 to 2013 100%� 90%� 80%� 80%� 70%� 60%� 50%� 38%� 40%� 33%� 30%� 23%� 20%� 10%� 3%� 0%� Graduate� FT� Non� Tenure� Part� me� Faculty� Non-instruc onal� Enrollment� Tenure/Tenure� Assistants� Track� staff� Track� Faculty� 67
Camden, Non-Instructional Employees, 2013 (per IPEDS new Classification) Average� IPEDS� Classification Number Total� Salary Salary Management� Occupations 14 $2,396,562 $171,183 Healthcare� and� Technical 11 $920,274 $83,661 Computer,� Eng,� Science 39 $2,635,685 $67,582 Biz� and� Financial� Operations 141 $9,508,042 $67,433 Library/Insst.� Support 40 $2,471,791 $61,795 Comm� Svc,� Legal,� Media 32 $1,804,034 $56,376 Maintenance 27 $1,487,938 $55,109 Office� and� Admin� Support 92 $4,327,968 $47,043 Research 3 $128,900 $42,967 Service 146 $6,028,031 $41,288 Total 545 31,709,225 $58,182 68
New Brunswick, Number of Employees at Broad Level per IPEDS 2008 2009 2010 2011 2012 2013 1,458 1,374 1,408 1,401 1,427 1,394 Tenure/Tenure� Track 126 234 270 274 309 320 Full� Time� Non� Tenure� Track 645 672 728 711 751 757 Research 5,261 5,309 5,273 5,332 5,527 5,715 Non-Instruction 7,490 7,589 7,679 7,718 8,014 8,186 Total� Full� Time 864 858 867 846 1,009 1,127 Part� Time� Instructors Percent Changes� 2008� to� 2013 (64) -4% Tenure/TT 194 154% Full� Time� Non� Tenure� Track 112 17% Research 454 9% Non-Instruction 696 9% Total� Full� Time 263 30% Part� Time� Instructors 5,630 16% Enrollment 69
New Brunswick: IPEDS Non-Teaching Employees per New 2013 Classification Average� IPEDS� Classification Number Total� Salary Salary Management� Occupations 196 $33,696,287 $171,920 Public� Service 60 $5,193,984 $86,566 Healthcare� and� Technical 88 $6,532,214 $74,230 Biz� and� Financial� Operations 1,522 $108,472,828 $71,270 Computer,� Eng,� Science 970 $65,500,522 $67,526 Comm� Svc,� Legal,� Media 290 $18,896,952 $65,162 Library/Insst.� Support 172 $10,838,956 $63,017 Research 697 $40,784,058 $58,514 Maintenance 325 $17,514,573 $53,891 Office� and� Admin� Support 942 $45,464,867 $48,264 Service 1,210 $49,403,831 $40,830 Total 6,472 $402,299,072 $62,160 The 6,472 = 757 research + 5,715 non- instruction from the prior slide 70
New Brunswick: Number Change in Employees, 2008 to 2013 per IPEDS 500� � 454� � 400� � 300� � 263� � 194� � 200� � 112� � 100� � 0� � (64)� (100)� Non-Instruc on� Part� Time� Full� Time� Non� Research� Tenure/Tenure� Full� Time� Instructors� Tenure� Track� Track� 71
New Brunswick: Percent Change in Employees, 2008 to 2013 per IPEDS 180%� 154%� 160%� How has Rutgers dealt with the large 16% increase in enrollment? 140%� • The full time NTT increased from 126 to 320, 154% 120%� • Part time increased from 864 to 1,127, an increase of 263, or 30% 100%� • Tenure and tenure track faculty declined by 64, or 4%. 80%� 60%� 40%� 30%� 17%� 16%� 20%� 9%� -4%� 0%� Full� Time� Non� Part� Time� Research� Enrollment� Non-Instruc on� Tenure/Tenure� Tenure� Track� Instructors� Full� Time� Track� -20%� 72
New Brunswick: Graduate Student and Part Time Employees per IPEDS 2008 2009 2010 2011 2012 2013 Part� Time� Instructors 864 858 867 846 1,009 1,127 Part� Time� Research 579 109 130 120 149 701 Grad� Teaching� Assistants 915 910 917 928 862 967 Grad� Research� Assistants 532 1,056 1,050 1,046 995 559 Total� Grad� Students 1,447 1,966 1,967 1,974 1,857 1,526 Part� time� TA� +� Grad� TA 1,779 1,768 1,784 1,774 1,871 2,094 PT� Research� +� Grad� Research 1,111 1,165 1,180 1,166 1,144 1,260 Total� PT� Teaching� &� Research 2,890 2,933 2,964 2,940 3,015 3,354 # % Percent� changes� 08� to� 13: There are some 315 18% strange category Part� time� TA� +� Grad� TA changes; bottom line 149 13% PT� Research� +� Grad� Research is a large increase in 464 16% Total� PT� Teaching� &� Research these groups 73
New Brunswick, Non-Instructional Employees Per IPEDS, 2008 to 2012 (categories changed in 2013) #� Change� %� Change� 2008 2009 2010 2011 2012 08� to� 12 08� to� 12 Executive/Admin/Mgrl 176 172 183 183 181 5 3% Other� Professional 2,725 2,801 2,840 2,917 2,998 273 10% 302 313 313 315 342 40 13% Technical 655 627 586 565 553 (102) -16% Clerical� 331 319 308 311 318 (13) -4% Skilled� Crafts 1,072 1,077 1,043 1,041 1,135 63 6% Maintenance Total� FT� Non- Instruction 5,261 5,309 5,273 5,332 5,527 266 5% 74
UMDNJ, Non-Medical Employees Non-Medical 2008 2013 #� Change %� Change Tenure/TT 101 85 (16) -16% Non� Tenure� Track 207 246 39 19% Total� Faculty 308 331 23 7% Part� time� instructors 432 587 155 36% Executive/Admin/Managerial 259 293 34 13% 75
UMDNJ, Medical Employees MEDICAL 2008 2013 #� Change Tenure/TT 459 392 (67) Non� Tenure� Track 808 831 23 Total� Faculty 1,267 1,223 (44) Part� time� instructors 280 349 69 Executive/Admin/Managerial 415 293 (122) Headcount� Enrollment 6,077 8,128 2,051 FTE� Enrollment 4,822 5,775 953 76
UMDNJ, Change from 2008 to 2013, Medical and Non-Medical Combined per IPEDS 40%� 34%� 31%� 30%� 20%� 10%� 6%� 0%� -10%� -15%� -20%� Tenure/TT� Non-Tenure� Part� me� Enrollment� Faculty� Track� Faculty� Faculty� 77
2014 Top 25 Admin Salaries Source: 1733 URA-AFT RU and UMDNJ Combined 11.08.2013 Title 2013-14� Salary Department Campus HEAD� COACH $850,000 Football Busch University� Prof-Chancellor $675,000 CS-President's� Office Health� Sciences� -� Newark PRESIDENT $650,000 President's� Office College� Av HEAD� COACH $550,000 Mens� Basketball Livingston HEAD� COACH $550,000 Womens� Basketball Livingston PROFESSOR� -� CM� -� DEAN $510,000 RWJ-Pathology-PISC Piscataway Professor-CM-Dean $484,500 NJMS-Dean's� Office Health� Sciences� -� Newark DIR� INTERCOLLEGIATE� ATHLTCS-NB $450,000 Intercollegiate� Athletics Livingston Mean $441,295 VP� HEALTH� SCIENCE� PARTNERSHIPS $420,987 SAS� -� Dean's� Office Busch Median $395,000 DEAN $417,095 General� Counsel College� Av Total $11,032,377 UNIV� CHIEF� FINANCIAL� OFFICER $416,160 CS-Fin_CFO� Finance Health� Sciences� -� Newark PRESIDENT� &� CEO� UBHC/UCHC $402,635 UBHC-P-VICE� PRES� &� CEO-PISC Piscataway EXEC� VP� FOR� ACADEMIC� AFFAIRS $395,000 Exec� VP� for� Academic� Affairs College� Av PROF� -� VICE� CHANCELLOR $395,000 CS-President's� Office Health� Sciences� -� Newark PROF� CM� DIRECTOR $391,511 CINJ-Director's� Office Piscataway SR� VICE� PRESIDENT� -� FINANCE $385,000 President's� Office College� Av PRES� RU� FOUND/VP� DEV&ALMN� RELS $370,000 Rutgers� University� Foundation College� Av PROF-ASSOC� DEAN $364,140 RWJ-Child� Health� Institute Piscataway INTERIM� PROV� BIOMED/HEALTH� SCI $350,000 Exec� VP� for� Academic� Affairs College� Av Dean $343,487 Rutgers� Business� School-Nwk Newark PROF� -� CM� -� INTERIM� CHAIR $339,214 RWJ-Medicine-Pulmonary-Meb Piscataway CHIEF� OPER� &� FIN� OFF $338,130 RWJ-Planning� &� Admin-PISC Piscataway PROF� -� BS� -� INTERIM� DEAN $331,500 CINJ-Scotto's� Lab Piscataway PROF� BS� DEPT� CHMN $327,420 Health� Sciences� -� Newark NJMS-Cell� Biology� &� Molecular� Med PROF� CM� DEPT� CHMN $325,598 CINJ-Radiation� Oncology-Admin Piscataway 78
Next 25 Admin Salaries Title 2013-14� Salary Department Campus DEAN $325,000 Ernest� Mario� School� -� Pharmacy Busch PROF-CD-DEAN $324,360 NJDS-Dean's� Office Health� Sciences� -� Newark DEAN $320,000 School� of� Criminal� Justice Newark PROF� BS� ASSOC� DN $317,502 NJMS-Research� office-Assoc.� Dean Health� Sciences� -� Newark DEAN $314,376 School� Public� Affairs� &� Admin Newark SPECIAL� COUNSEL� ACAD� PROGRAMS $313,394 Exec� VP� for� Academic� Affairs College� Av INTERIM� CHANCELLOR $313,363 Newark� Chancellor's� Office Newark CHANCELLOR $313,313 Camden� Chancellor's� Office Camden VP� PHY� SCI&ENG� PTNRS/DIR� IAMDN $311,786 Exec� VP� for� Academic� Affairs Busch Mean $298,814 SR� VP� FINANCE� &� ADMINISTRATION $304,942 Senior� VP� &� CFO College� Av Median $296,514 PROF-CM-ASSC� DEAN $297,180 RWJ-Psychiatry-IMHS Piscataway Total $7,470,347 EXECUTIVE� DEAN $296,888 SEBS� -� Dean's� Office Cook Prof-Sr.� Assoc� Dean� &� Chair� BS $296,514 NJMS-Pharmacology Health� Sciences� -� Newark DEAN $291,505 Sch� of� Law-Cmd,� Dean's� Office Camden DIR� INSTITUTE� OF� MICROBIOLOGY $290,932 Waksman� Inst� of� Microbiology Busch DEAN $290,508 School� of� Business� -� Cmd Camden ASSOC� DEAN/� CFO� NJMS $290,000 NJMS-Dean's� Office Health� Sciences� -� Newark MEDICAL� DIRECTOR� (STATEWIDE) $286,110 UCHC-Ph-UCHC'S� Admin Piscataway PROF-CD-DEP� CHR $286,023 NJDS-Oral� Biology Health� Sciences� -� Newark PROF� -� CM� -� VICE� DEAN $284,029 NJMS-Office� of� Education Health� Sciences� -� Newark DEAN $282,537 College� of� Nursing Newark SVP� PUBLIC� AFFAIRS $280,908 CS-PUBLIC� AFFAIRS Health� Sciences� -� Newark CHIEF� INFORMATION� OFFICER $280,908 CS-IST-Office� of� CIO Health� Sciences� -� Newark PROF� CM� DEPT� CHMN $279,240 RWJ-Medicine-Chairman's� Office-Meb Piscataway DEAN $279,029 School� of� Engn,� Dean's� Office Busch 79
Next 29 Admin (All Over $250,000) Title 2013-14� Salary Department Campus ASST� COACH $275,000 Football Livingston VICE� PRESIDENT� ACADEMIC� AFFS $274,666 CS-EVP� for� Academic� &� Clin� Affairs Health� Sciences� -� Newark VICE� DEAN $273,391 Rutgers� Business� School-Nwk Newark DEAN� GRADUATE� SCHOOL� NB $271,272 Graduate� School� New� Brunswick College� Av Mean $261,672 PROF� BS� DEPT� CHMN $270,504 NJMS-Microbiology Health� Sciences� -� Newark Median $260,404 Assoc� Prof-Sr� Assoc� Dean $268,510 NJDS-Student� Affairs Health� Sciences� -� Newark VP� ACADEMIC� AFF� &� ADMIN $268,286 Exec� VP� for� Academic� Affairs College� Av Total $7,588,487 PROF� CM� DIRECTOR $265,821 CINJ-Bertino� Office Piscataway PROF� -� N� -� DEAN $265,200 SN-Admin� (Dean's� Office) Health� Sciences� -� Newark PROF-BS-DIR $262,629 NJMS-PHRI� CENTER Health� Sciences� -� Newark PROF� CM� DEPT� CHMN $261,862 NJMS-Ophthalmology Health� Sciences� -� Newark VICE� DEAN $261,669 SAS� -� Dean's� Office College� Av DEAN� OF� THE� GRADUATE� SCHOOL $260,738 Grad� Sch� of� Edu-Dean's� Office College� Av All� Admins� >� PROF� -� BS� -� ASSOC� DIR $260,404 NJMS-PHRI� CENTER Health� Sciences� -� Newark $250,000 PROF-BS-DIR $260,404 NJMS-PHRI� CENTER Health� Sciences� -� Newark Number 79 PROF� -� BS� -� ASSOC� DIR $260,404 NJMS-PHRI� CENTER Health� Sciences� -� Newark ASST� COACH $260,000 Football Busch Mean $330,268 PROF� -� CM� -� CHAIR $259,060 RWJ-Psychiatry-Meb Piscataway Median $290,932 DEAN� SMLR $258,652 SMLR� -� Dean's� Office Livingston Total� Salary $26,091,211 Vice� Dean $258,440 Rutgers� Business� School-Nwk Newark PROF� CM� DEPT� CHMN $256,393 NJMS-Preventive� Medicine Health� Sciences� -� Newark VICE� PRESIDENT� PUBLIC� AFFAIRS $256,332 VP� of� Public� Affairs College� Av PROF� -� CM� -� CHAIR $256,169 NJMS-ENT-Otolaryngology� Head� Neck� S Health� Sciences� -� Newark PROFESSOR $255,098 Rutgers� Business� School-Nwk Newark PROF� -� CM� -� CHAIR $255,000 NJMS-Anesthesiology Health� Sciences� -� Newark PROF� CM� DIRECTOR $254,898 NJMS-Pathology Health� Sciences� -� Newark PROF� -� CM� -� � CHAIR $253,861 RWJ-Pediatrics-Infectious� Disease Piscataway PROF� -� IRB� CHAIR $253,824 NJMS-Ophthalmology Health� Sciences� -� Newark Prof-CD-Dept� Chair $250,000 NJDS-Pediatric� Dentistry Health� Sciences� -� Newark 80
Rutgers Scarlet Knights Athletics 81
Athletics in Context Source: EADA (Equity in Athletics Data Analysis, Title IX Report) Campus #� of� Athletes #� of� UG� Students %� in� Athletics New� Brunswick 616 41,258 1.5% Newark 210 11,987 1.8% Camden 242 6,264 3.9% Total 1,068 59,509 1.8% 2013� Atheltic� Campus Expenses New� Brunswick $71,851,419 Newark $2,493,046 Camden $1,312,573 Total $75,657,038 Total� 2013� Rutgers� $1,985,392,000 Expenses Athletics� as� %� of� Total 3.8% 82
Overall Athletic Spending Over Time $80,000,000� � $70,000,000� � $60,000,000� � $50,000,000� � USA� Today� $40,000,000� � EADA� $30,000,000� � $20,000,000� � $10,000,000� � $0� � 2008� 2009� 2010� 2011� 2012� 2013� 83
Data Behind Athletic Spending USA� Today EADA 2008 $51,748,813 $49,953,265 2009 $58,354,222 $54,304,756 2010 $64,203,255 $55,564,642 2011 $60,190,100 $53,436,027 2012 $64,038,720 $57,480,304 2013 $71,851,419 %� Changes 08� to� 09 8.7% 12.8% 09� to� 10 2.3% 10.0% 10� to� 11 -3.8% -6.3% 11� to� 12 7.6% 6.4% 12� to� 13 25.0% 84
Annual % Changes in Athletics vs. Instruction 30.0%� 25.0%� 20.0%� 15.0%� 10.0%� Athle cs� 5.0%� Instruc on� 0.0%� -5.0%� -10.0%� � � � � � 9 0 1 2 3 0 1 1 1 1 � � � � � o o o o o t � t � t � � t � t 8 9 0 1 2 0 0 1 1 1 85
2013 Athletic Expenses per EADA Total = $71.8 Million Football� Men's� Basketball� 19.5� � Other� Men's� Sports� (6)� 31.0� � Women's� Basketball� 4.7� � 4.3� � Other� Women's� Sports� 4.0� � (11)� 8.4� � General� Athle c� Admin� 86
Athletic Spending Over Time 80.0� � 70.0� � 60.0� � General� Athle c� Admin� 50.0� � Other� Women's� Sports� � Women's� Basketball� 40.0� � Other� Men's� Sports� 30.0� � Men's� Basketball� 20.0� � Football� 10.0� � 0.0� � 2008� 2009� 2010� 2011� 2012� 2013� 87
Head Football Coach Compensation Source: USA Today $2,500,000� � $2,296,969� � $2,070,932� � $2,000,932� � $2,000,000� � $1,733,500� � $1,500,000� � $860,000� � $911,000� � $1,000,000� � $760,000� � $500,000� � $0� � Greg� Greg� Greg� Greg� Greg� Kyle� Kyle� Schiano� Schiano� Schiano� Schiano� Schiano� Flood� Flood� 2006� 2007� 2009� 2010� 2011� 2012� 2013� 88
2012 Revenue Breakdown per USA Today Ticket� Sales� Contribu ons� 15%� Rights/Licensing� 29%� Other� Student� Fees� 14%� School� Funds� 15%� Students and the core 22%� academic mission subsidize 5%� 44% of athletic expenses 89
Percent Supported by Academic Side Source: USA Today 47%� 50%� 44%� 44%� 43%� 42%� 45%� 40%� 35%� 30%� 25%� 20%� 15%� 10%� 5%� 0%� 2008� 2009� 2010� 2011� 2012� 90
Percent of Athletic Expenses Supported By the Core Academic Mission: Rutgers vs. Big Ten and Others 2012 Data per USA Today 50%� 44%� These institutions do not use 40%� any subsidy from students or the academic side to support 27%�25%� 30%� athletics 20%� 8%� 7%� 5%� 4%� 4%� 1%� 0%� 0%� 0%� 0%� 0%� 10%� 0%� Rutgers� UCONN� Maryland� Minnesota� Wisconsin� Illinois� State� Indiana� iowa� Michigan� Nebraska� State� State� Purdue� Michigan� Penn� Ohio� 91
Big Ten 2013 Football Revenues and Expenses Source: EADA, In Millions 90.0� 80.0� Total athletic expense for Rutgers was $71M; Michigan, Ohio State, Penn State and 70.0� Wisconsin are all over $100M 60.0� 50.0� 40.0� 30.0� Football� Revs� 20.0� Football� Expenses� 10.0� 0.0� Michigan� Nebraska� Iowa� Wisconsin� State� Minnesota� Northwestern� Illinois� Indiana� Rutgers� State� State� Purdue� Ohio� Penn� Michigan� 92
Transparency at Rutgers – Public Availability of Basic University Data 93
Transparency - Budget • Budget in brief is the 2012-13 budget http://budgetfacts.rutgers.edu/pdf/budget_in_brief.pdf http://budgetfacts.rutgers.edu/ – It is 2 years old – The budget info for revenues is based on 2013 projections – 2013 is already over. • What should be there? Look at the University of Michigan budget page: – http://obp.umich.edu/root/budget/budget-detail/ • University of Nebraska is at http://nebraska.edu/administration/business-and- finance/budget-information.html • Penn State is at: http://www.budget.psu.edu/BOTJuly/JulyBoard.aspx 94
Transparency – Enrollment • The Rutgers fact book is at: https://oirap.rutgers.edu/instchar/factbook.html • The enrollment link is from Fall 2012. The bond report has Fall 2013 data, but there is no link for this. • There is a Facts and Figures link: http://www.rutgers.edu/about- rutgers/facts-figures – Very general information – The enrollment number for NB does not match the bond report – The enrollment # for Newark is the Fall 2012 number from the bond repot. • There is a 2013 Institutional Profile at http://oirap.rutgers.edu/reports/AandEreport.pdf – This has Fall 2012 enrollment data • What should this look like: – University of Iowa at http://www.uiowa.edu/~facts/enrollment/index.htm – Their 2014 budget is at: http://fmb.fo.uiowa.edu/university-budget – Ohio State enrollment is at: http://www.osu.edu/osutoday/stuinfo.php#enroll – University of Minnesota is at: http://www.oir.umn.edu/student/enrollment 95
Transparency – Financial Reports • Institutional characteristics are at: http://oirap.rutgers.edu/instchar.html – Dashboard is from 2011 • Solid on the financial report – the 2013 financial statements is at the Financial report link at http://oirap.rutgers.edu/instchar/FinancialStatem ents.pdf. • The older ones are at • http://uco.rutgers.edu/financial- statements/rutgers-university-financial- statements – This is solid, though it should link from the the same page as the 2012-13 report 96
Transparency – Common Data Set • Common Data Set contains all sorts of info on enrollment, student loans, graduation rates, class size. These are done in fall; Most places have 2013-14. Rutgers only has one year • http://oirap.rutgers.edu/instchar/cds.html • SUNY Buffalo at http://apb.buffalo.edu/data- reports/common-data-sets.html • Wisconsin is at: http://apir.wisc.edu/rankings.htm • Ohio State is at: • http://oaa.osu.edu/irp/irosu_cds.php 97
Transparency – Tuition and Fees • For current tuition and fees at New Brunswick: • http://studentabc.rutgers.edu/forms/tuition/F Y09-10Tuition-NBUndergraduate.pdf – This does suggest another link: – http://studentabc.rutgers.edu/tuition-and-fees – Which gets you a somewhat cryptic pdf file • No tuition and fee history; only 2013-14 • What is should look like: University of Wisconsin at https://registrar.wisc.edu/tuition_&_fees.htm 98
Transparency – Number of Degrees and Graduation Rates • You find this under the disclosure link of http://oirap.rutgers.edu/instchar.html – They then direct you to IPEDS – http://oirap.rutgers.edu/disclosure.html#gradrates – For degrees, the Institutional profile has some FY 2012 data, but not much. • University of Michigan degrees are at: – http://obp.umich.edu/wp- content/uploads/pubdata/factsfigures/degreesummar y_umsystem_12-13NEW.pdf – Graduation rates are at: http://obp.umich.edu/wp- content/uploads/pubdata/factsfigures/gradrates_uma a_00-09.pdf 99
Transparency – IPEDS Data • We tried to get the 2012-13 IPEDS data that was just submitted (April 2014) to the US Department of Education. The administration gave us some2011-12 data that is already on the IPEDS website. Rutgers does not post any IPEDS data on its website. • University of Wisconsin is at http://www.uwsa.edu/opar/ipeds/ • Indiana University is at http://www.iu.edu/~uirr/reports/compliance/ipe ds/#Finances 100
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