Fall Deans & Department Chair Meeting Michael Williams• associate Vice President for finance & administration October 21, 2016

2016-2017 University Budget

University Budget 2016-2017 Total Budget Summary Amount Percent Education & General - State Support $501,507,195 31.04% Education & General - Tuition and Fees 209,778,182 12.98% Restricted Funds 323,197,186 20.00% Auxiliary Funds 211,136,839 13.07% Designated Funds 82,576,041 5.11% Debt Service 22,910,000 1.42% Capital Projects 178,763,417 11.06% Component Units 85,932,287 5.32% Total Budget $1,615,801,147 100.00%

2016-2017 State University System Operating Budget University Budget Estimated Total Operating Budget (in billions) Percentage of SUS Budget University of Florida $3.51 30.57% University of South Florida 1.93 16.81% University of Central Florida 1.65 14.37% Florida State University 1.35 11.76% Florida International University 1.08 9.41% Florida Atlantic University 0.76 6.62% Florida Agricultural & Mechanical University 0.32 2.79% University of West Florida 0.29 2.53% University of North Florida 0.28 2.44% Florida Gulf Coast University 0.22 1.92% Florida Polytechnic University 0.05 0.44% New College 0.04 0.35% Total $11.48 100.00%

2016-2017 New E&G Appropriations University Budget Description Amount Preeminence Funding $13,450,000 Performance Based Funding 10,628,695 Tuition Adjustments (Potential Enrollment Growth and Waiver Adjustments) 2,331,853 Innovation & Engineering Pipeline-Facility Renovations 2,000,000 High Risk Delinquent/Dependent Youth Education Research 1,569,000 College of Law Scholarships/Faculty 1,000,000 College of Medicine Mental Health Early Screening Other 1,510,770 Total New E&G Appropriations $33,490,318

2016-2017 Undergraduate Tuition & Fees University Budget Resident Non-Resident Tuition: Tuition $ 105.07 Student Financial Aid Fee 5.25 Capital Improvement Trust Fund Fee 4.76 Out-of-State Fee - 481.48 Student Financial Aid 24.07 Subtotal $ 115.08 $ 620.63 Fees: Athletic Fee $ 7.90 Activity and Service Fee 12.86 Health Fee 13.97 Transportation Fee 8.90 Tuition Differential Fee 49.59 Student Affairs Facility Use Fee 2.00 Technology Fee $ 100.47 Total per Credit Hour $ 215.55 $ 721.10 Student Affairs Facility Use Fee per semester $ 20.00 Academic Year (30 Hours) $ 6,506.50 $ 21,673.00 Academic Year (30 Hours Less Tuition Differential) $ 5,018.80 $ 20,185.30

2016-2017 Construction Budget Project Planned Expenditures Doak Campbell Stadium $42,547,869 Housing Residence Halls - Phase II 39,200,313 Earth, Ocean and Atmospheric Science Building 17,000,000 Doak Campbell Stadium Scoreboard 14,980,363 FSU Childcare Center Replacement 5,518,938 Tucker Center Locker Rooms 4,501,056 All Others 55,014,878 Total $178,763,417

2016-2017 Fixed Capital Outlay Budget Request

5 Year PECO-Eligible Project Request Summary Economic Impact Priority Project Title Total Requested Project Total Output Jobs Income 1 Utilities / Infrast. / Capital Renewal / Roofs $95,000,000 $210,647,087 1,500 $65,541,989 2 EOAS Building (Phase I) 29,000,000 69,850,000 $138,651,292 854 38,385,948 3 IRCB 41,000,000 86,000,000 $168,723,833 1,040 46,699,436 4 College of Business Building 44,000,000 88,000,000 $175,075,789 1,079 48,457,533 5 STEM Teaching Lab Building 42,500,000 $84,361,917 520 23,349,719 6 Veterans Legacy Complex 28,500,000 33,500,000 $66,497,041 410 18,405,072 7 FAMU-FSU College of Engineering III 5,034,335 $9,993,085 62 2,765,890 8 FSU/TMH Medical Education Building 46,400,000 $92,103,364 568 25,492,398 9 Winchester Building Remodeling 8,850,000 $19,623,438 140 6,105,754 10 Library System Improvements (Phase I) 33,800,000 $74,946,016 534 23,319,150 11 Land Acquisition 15,000,000 $35,415,231 280 8,721,098 12 Academic Support Building 43,200,000 $85,751,407 529 23,734,303 13 Dittmer Building Remodeling 56,500,000 $116,599,750 830 36,363,077 14 Physics Building 69,400,000 $127,292,556 787 35,452,211 15 Kellogg Research Building Remodeling 20,000,000 $45,009,910 328 14,683,606 16 Biology Unit I Building Remodeling 35,000,000 $69,474,519 428 19,229,179 Total $613,184,335 $748,034,335 $1,520,166,235 9,889 $436,706,363

2016-2017 Major Initiatives

2016-2017 Major Initiatives New Procurement System (SciQuest) New Travel Management Services and System (World Travel Services and Concur New Food Service Provider Agreement (Currently Aramark) New Banking Services Agreement (Currently Bank of America) Panama City Branch Campus – Housing Project (Public Private Partnership)

Contacts Michael Williams Sandy Scanlan Associate Vice President Controller (850) 644-7351 (850) 644-9474 mswilliams@fsu.edu sscanlan@fsu.edu Michael Lake Ian Robbins Budget Director Procurement Director (850) 644-2478 (850) 644-9719 mlake@fsu.edu irobbins@fsu.edu Charles Friedrich Business Services Director (850) 644-2000 friedrich@fsu.edu