UW UW Bothe Bothell ll Budget Budget Overv Overview iew FY 17 - - PowerPoint PPT Presentation

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UW UW Bothe Bothell ll Budget Budget Overv Overview iew FY 17 - - PowerPoint PPT Presentation

Jun 15, 2023 215 likes •468 views

UW UW Bothe Bothell ll Budget Budget Overv Overview iew FY 17 Operating Budget Update & FY 18 Planning Process November 2016 Segan Jobe : seganj@uw.edu Ruth Johnston : ruthj@uw.edu AGENDA Budget overview Sources/uses of

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UW UW Bothe Bothell ll Budget Budget Overv Overview iew

FY 17 Operating Budget Update & FY 18 Planning Process

November 2016 Segan Jobe : seganj@uw.edu Ruth Johnston : ruthj@uw.edu

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AGENDA

  • Budget overview
  • Sources/uses of funds
  • FY 2017 budget update
  • FY 2018 budget planning process
  • Recalibrated budget model planning process
  • Purpose
  • Commitment tracking
  • Central pool
  • Discussion

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UW UW-WIDE WIDE INST INSTITUT ITUTIO IONAL NAL BUDGET BUDGET

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UW ADMINISTRATION ORG CHART

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UW Medicine Health Systems 49% Auxiliary Activities 12% Public Grants & Contracts 12% Private Grants 4% Gift Income 2% Endowment Distributions 2% Local Operations 5% State 5% Tuition 9%

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UNIVERSITY OF WASHINGTON BUDGET

FY FY 17 B 17 Bud udgete geted d Reve Revenu nues and es and Expe Expend nditures itures = $7 = $7.07 .07B

Self-sustaining functions including: Intercollegiate Athletics, Housing and Dining, Educational Outreach & Parking Includes:

  • UW Medical Center
  • Harborview Medical Center
  • Valley Medical Center
  • NW Hospital
  • UW Physicians
  • Airlift NW
  • UW Neighborhood Clinics
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STATE OPERATING SUPPORT AND TUITION TRENDS – UW WIDE

$0 $5,000 $10,000 $15,000 $20,000 $25,000

Funding per Student FTE (2015 $)

Tuition Revenue per FTE State Funding per FTE Total Funding per FTE

$17,011

(TOTAL COST PER FTE)

$19,371

(TOTAL COST PER FTE) 35% State, 65% Families

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UW BOTHELL UW BOTHELL SOU SOURCES RCES & USES & USES OF OF FUNDS FUNDS

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UW BOTHELL COMPREHENSIVE BUDGET

($109M)

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State Appropriation 20% Tuition 47% Other Revenues 2% Auxiliary Enterprises 6% Student Fees (SAF & Bldg) 7% Grants and Contracts 13% Gifts & Discretionary 5%

FY 17 Budgeted Revenues & Expenditures

State Appropriation Tuition Other Revenues Auxiliary Enterprises Student Fees (SAF & Bldg) Grants and Contracts Gifts & Discretionary

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SLIDE 9

UW BOTHELL NON-OPERATING BUDGET

($34M)

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Auxiliary Enterprises 20% Student Fees (SAF & Bldg) 21% Grants and Contracts 42% Gifts & Discretionary 17%

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UW BOTHELL CURRENT OPERATING BUDGET

($75M)

9 State Appropriation 27% Tuition 70% Other Revenues 3%

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Operating Budget: Sources of Funds

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Financial Sustainability Plan - Sources and Uses of Funding OPERATING BUDGET Fiscal Year 2016 Actuals

71.4% 22.0% 6.6%

Tuition

State Appropriations

Miscellaneous Revenue $50,613,454 $15,563,042 $4,674,267

State Appropriation funds are for general institutional support

UNIVERSITY OF WASHINGTON BOTHELL

WHERE DOES UNIVERSITY OF WASHINGTON BOTHELL'S FUNDING COME FROM?

Tuition is the largest funding source for the University which comes directly from

  • ur enrolled students

Miscellaneous Revenue consists of Summer Quarter revenues, carryover and

  • ther miscellaneous revenue

generating activities

$70,850,763

SOURCES OF FUNDS

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Financial Sustainability Plan - Sources and Uses of Funding OPERATING BUDGET Fiscal Year 2016 Actuals

41.8% 31.3% 3.4% 4.9%

Faculty

Staff

Real Estate Leases Campus Services $29,582,532 $22,195,625 $2,432,318 $3,465,429

9.7% 0.7% 5.2% 6.3%

Mandatory Costs Travel Misc Contractuals

Supplies, Materials & Equip

$6,858,796 $464,975 $3,682,444 $4,465,109

UNIVERSITY OF WASHINGTON BOTHELL

HOW IS FUNDING USED?

Includes UW Seattle Overhead costs and Utilities (including: water, fuel, electricity & tech recharge) All travel related expenses

Contractual Personal Services and Other Contractual Services (excluding: Campus Services, Real Estate Leases, Mandatory Costs)

Includes supplies & materials and equipment The largest expenses for the University are the personnel. Of which, faculty are the largest portion Academic Staff directly support academic operations, including the support of Students and Faculty Costs associated with Real Estate lease activity including Operations and Maintenance costs Campus services are expenses paid to non-state budgets supporting physical plant operations Salaries & Benefits, 73% Operational Expenses, 27%

$70,850,761

USES OF FUNDS

Operating Budget: Uses of Funds

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ENROLLMENT ENROLLMENT TRENDS TRENDS

FY 17 BUDGET EXPENSES

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Enrollment History

2,396 2,769 3,204 3,546 3,972 4,342 4,564 4,855 14 36 105 129 129 162 229 201

  • 1,000

2,000 3,000 4,000 5,000 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017

ENROLLMENT HISTORY

STATE-BASED FTE FEE BASED FTE

PROJECTED ACTUAL

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Classroom Utilization

  • 615 timeblocks available
  • 873 official courses
  • 446 courses taught on campus in general classroom
  • Average utilization of available classrooms – 71%

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Average Day 7:10‐8:30 8:45‐10:45 11:00‐1:00 1:15‐3:15 3:30‐5:30 5:45‐7:45 8:00‐10:00 71% MON

  • 105%

100% 98% 84% 91% 22% 83% TUE

  • 100%

107% 85% 100% 76% 27% 68% WED

  • 95%

90% 102% 80% 88% 22% 80% THUR 95% 102% 95% 90% 71% 27% 53% FRI 0% 0%

  • 99%

100% 95% 89% 82% 25% 110% 49% Mon‐Thur Average

Autumn 2016 Classroom Utilization Averages by Time Period

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BUDGET PLANNING

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FY 2017 Operating Budget Expenditures

  • Merit Increases: $2.11M
  • New Faculty Hires: $1.04M
  • Faculty Startup Packages: $300K
  • HR Payroll Modernization Project: $300K
  • Cost of doing business escalation: $200K

Allocated and Projected Expenditures for FY 2017

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Fiscal Year 2018 Budget Development

Some Assumptions:

  • Operating Budget assumes some backfill from state

legislature

  • Budget assumes small (approx. 2%) undergraduate resident

tuition increase as permitted by the legislature

  • Operating Budget assumes 4% compensation increase for

faculty, librarians and professional staff with funding the same as FY 2017:

  • 1.8%: State funding
  • 2.2%: UW Bothell contributed funds
  • With these assumptions as a minimum, new resources and
  • r new budget model will be required to stay even

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DRAFT UNIVERSITY OF WASHINGTON BOTHELL OPERATING FUNDS (excluding fee-based programs)

FY 2016 - FY 2026 REAL ESTATE PURCHASE: ENROLLMENT: PROJECTED STATE BASED FTE 4,894 PROJECTED STATE BASED FTE (REALIZABLE) 4,564 4,661 4,855 FY 2016 Actual FY 2017 Projected FY 2017 Projected REVENUES: GENERAL FUND-STATE 15,563 $ 20,620 $ 20,620 $ NET GERNERAL FUND-STATE 15,563 $ 20,620 $ 20,620 $ TUITION : UNDERGRAD ( UG) RESIDENT 35,050 30,993 31,743 NON-RESIDENT 10,430 13,517 15,565 UG TUITION REVENUE 45,481 $ 47,308 $ 44,510 $ GRAD (G) RESIDENT 4,107 4,557 4,798 NON-RESIDENT 1,026 693 986 G STUDENT TUITION REVENUE 5,133 $ 5,249 $ 5,784 $ TOTAL TUITION REVENUE 50,613 $ 49,759 $ 53,092 $ INCREMENTAL FTE 223 97 291 OTHER SOURCES NET OTHER REVENUE 4,674 $ 1,920 $ 1,920 $ TOTAL REVENUES 70,851 $ 72,299 $ 75,632 $ EXPENSES: TOTAL SALARIES & BENEFITS 51,832 54,980 54,980 REAL ESTATE LEASES 2,529 2,580 2,580 REAL ESTATE LEASE EXPANSION & PURCHASES:

  • OPERATING EXPENSES

8,058 8,050 8,050 OTHER OPERATING EXPENSES 9,047 9,277 10,033 DEFICIT BACKFILL ADJUSTMENTS (615) (2,588) (2,588) TOTAL EXPENSES: 70,851 72,299 73,055 BALANCE $ $ 2,577 $ FINANCIAL SUSTAINABILITY PLAN BI 2015 Adjusted Stdnt Ratios & Realizable Rate FY 2016 FY 2017

UW BOTHELL FINANCIAL SUSTAINABILITY PLAN

DRAFT (dollars in thousands) Original Projection UPDATED

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UW Bothell Sustainability Plan

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FY 18 Budget Planning

  • Submission of answers to Provost’s questions were

due November 18

  • Re-calibration of the budget model to begin in

December/January 2016 – stages:

  • Establish project and decision path
  • Identify partners and steering committee
  • Develop model, policies and future governance, decision

making and management

  • Communicate and build consensus
  • Build and test model
  • Develop tools and reporting
  • Implement and fine tune

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Developing a Commitment Funding Pool

(not including source of funds or inclusive list)

  • Husky Purple & Gold

scholarships

  • Graduate scholarships
  • Master Plan development
  • Childcare consultant
  • Reflection Room
  • Gender Neutral Bathrooms
  • HR/Payroll contribution
  • Diversity Center space
  • Diversity Center staff
  • Race & Equity Awareness

Training

  • Parent Resource Center
  • Safety Corridor
  • Modern Think Survey –

related improvements

  • Interfolio Costs
  • Library cost increases

 Reserve, Equity Pool & Contingency Fund

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Draft Principles for Budget Planning

  • Transparent
  • Inclusive process - open to input and participation from

faculty, staff, students

  • Iterative process
  • Aligns with UW Bothell strategic plan
  • Acknowledge and plans for temporary and desired

commitments

  • Provides flexibility
  • Identify criteria for funding new ideas
  • tbd
  • tbd

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Questions for You

  • What more do you need to know about the budget?
  • How do you want to be involved/informed as we

re-calibrate the budget model?

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