Academic Affairs Budget FY17 Issues Alan Lacy Office of the Provost

The Lacy Boys

Coach Lacy

Living the Dream

FY16 ISU Revenues by Source

Overview FY17 Budget Planning (without a state budget ) Strategic Budgeted Carryover Instructional Capacity Funding Summer Session Report FY17 Fiscal Initiatives

A Look Back to FY16 FY16 – Initially a 10% cut Paid by Provost funds FY16 – 22.25% cut in spring (3.41%) First 10% already paid - $925,300 Next 5% paid by Colleges/Units $888,771 + $156,929 Provost share Last 7.25% paid by Provost - $2,808,000 $4,779,000 reduction $3,890,229 (81.4%) $888,771 (18.6%)

Looking Forward to FY17 Permanent 22.25% reduction (3.41%) Paid by all units $4,779,000 Mostly from vacated positions, NTT buckets, permanent variance No layoffs, no furloughs Strong and stable enrollments 44 new searches/7 re-authorizations FLSA finalization in the fall

Budget Strategies in Times of Uncertainty Adjusting to 22.25% budget reduction Protect instruction Hold unfilled vacancies Study efficiencies Strategically use temporary funds. Know and monitor your budget. Make short term and long term strategic decisions that benefit students.

Strategic Budgeted Carryover FY12 to FY13 $ 4,662,747 FY13 to FY14 $ 8,967,553 FY14 to FY15 $13,476,965 FY15 to FY16 $15,946,968 FY16 to FY17 $18,156,042

SBC Implications Make SBC requests as specific as possible. SBC should not be used as a saving account. Leverage SBC funds - make SBC work for you. SBC should not be a last minute resort.

Instructional Capacity Funding Model IC funds come from AIF. Should be considered temporary funds since amounts change annually $5,236,761 disbursed in FY17 Allocations were based on requests for base (3/1) and supplemental allocations (7/15). Will gather feedback on pilot funding model

FY17 Instructional Capacity $5.24 million funded $4.0 million in base allocation $5.97 million requested $1.24 million in supplemental allocation $1.26 million requested $2.02 million funded by Colleges $7.26 million total funding for NTT instruction

Summer 2016 Outcomes 39,299 credit hours $2,506,714 Allocated 7,420 Grad 31,879 Undergrad $2,506,714 Allocated $2,439,919 initially $66,795 for targeted need $3,105,027 total summer pay forms $508,314 from units

2016 Credit Hours SUMMER 2016 Graduate Undergrad CAS 157 2,488 181   Graduate Undergrad Courses SCH CAS 157 2,488 181 12,354 CAST 38 925 116 9,348 CFA 20 220 26 1,852 COB 12 380 65 4,734 COE 90 3,006 43 2,362 MCN 21 401 31 1,229 Total 338 7,420 462 31,879 Does not include FCR/Contract or Study Abroad courses.

Summer Session Allocation Funding Model $2.7 million available with $2,607,500 currently allocated for Summer 2017 Colleges received base allocation for 2018 and supplemental allocation for 2017 on July 8, 2016. Allocations based on 2016 allocation amounts, course enrollments, and instructor salaries.

Summer 2017 Timeline 8-24-16 Summer Schedules Due (2017 schedules and 2018 base schedule) 10-3-16 Courses available to view in Course Finder 1-17-17 Summer courses available to view in Campus Solutions 2-1-17 Advanced registration dates and times will be available in My.IllinoisState.edu 3-13-17 Advanced Registration begins 5-15-17 through 6-2-17 Summer Interim Session 5-22-17 through 8-11-17 Summer Session

FY17 Fiscal Initiatives Facilitate the ability of faculty to teach, research, and serve. Carefully review SBC requests. Work with units to strategically leverage instructional capacity and summer session funding. Finalize FLSA decisions in the fall. Manage FCR/Contract courses efficiently. Monitor and manage AIF. Evaluate IC funding models. Keep my boss happy.

Who Do You Work For?

Murky Outlook – Stay Steady Deal with uncertainty. Minimize angst. Advocate for your unit, but see the greater whole. Most Important Fiscal Strategy Recruit, recruit, recruit! Retain, retain, retain! (Troy, you’re welcome!)

Get Ready for a Wild Ride!

Thanks for Your Attention! Questions?