Budget Impact Analysis F&I Committee

Revised Budget Positive Cash Flow projection of $884,914 G&A Includes Non-Cash PERS Adjustment

Budget Impact Overview Projected sales impact negative $1,961,981 Three major drivers Campus Enrollment down - $803,520 Lower Housing Occupancy/Meal Plans - $691,548 Construction/Other - $466,914 PERS Liability increase of $1,160,600

Enrollment Overview Campus enrollment down by 3% from last year Budget assumed levels similar to last 2 years Spring enrollment trending lower FY 2018/2019 Headcount Projection up 2%

Enrollment Trend

Housing Occupancy Budget assumed 2,663 meal plans Fall Semester down 85 to 2,538 Spring Semester down 140 to 2,480 Budgeted Sales Impact of $691,548

Construction Impact Remaining Sales Shortfall attributed to ongoing construction activity Turn around CCPE Building Outpost Patio Nugget Pathway