FY 2020 Budget Kickoff May 20, 2019

FY 2020 Budget Kickoff Agenda Welcome What’s New for FY 2020 Important Dates Phase II Discussion

What’s New for FY 2020 Authorized 2% merit program Benefits charged on E&G salaries Possible TRS rate increase Other rate changes The President has authorized a 2% merit program for FY 2020. Centrally funded accounts will receive allocations during Phase I of the budget. Beginning in FY 2020, benefits on E&G salaries will no longer be paid by central university funds. Beginning in FY2020, benefits on E&G salaries will no longer be paid by central university funds. Instead, each college & division will be allocated an additional amount in E&G funds based on FY 2018 actual benefit costs and/or salaries to cover these benefit expenses. Each college and division will have one E&G account established within the Dean’s or VP’s office that will receive the additional allocation and that same account will be charged for college/division E&G fringe benefit expenses. The Texas Legislature is currently considering legislation which may increase the TRS rate. The legislative session will end on May 27, 2019 and if legislation approves an increase the budget guidelines will be modified. See budget guidelines for increases to GIP, OASI, etc

What’s New for FY 2020 Working Hours: 2088 Salary Savings for Non-Academic Vacant Positions will continue to be swept Non-academic staff positions may not be eliminated Resources posted on website budget.tamu.edu Non-academic staff positions may not be eliminated in Workday without the written approval of Joe Pettibon for academic units or Jerry Strawser in non-academic units Budget Guidelines, Calendar, FAMIS refresher

Important Dates Phase I : Lump-sum budget entry Starts today, Monday, May 20th Ends on Monday, June 3rd Phase II : Salary budget entry Position Budgeting Tool available June 17th FAMIS opens July 8th Workday merit entry July 29th – August 8th Detailed calendar available at budget.tamu.edu Phase II -

Phase II - Changes Position Budgeting Application Workday Merit PBA is adloc driven and individual colleges and divisions are making the decision whether to handle centrally or push out to departments Workday will be handled at a high level in each college/division

Contacts Hotline: 845-8145 E-mail: budget@tamu.edu Website: budget.tamu.edu Mark Herzog 862-2371 herzog@tamu.edu Shelly Janac 458-2882 s-janac@tamu.edu Tracy Foster 862-2364 tfoster211@tamu.edu Katy Pleasant 862-1732 katy.pleasant@tamu.edu Deborah Wright 862-1622 deb-wright@tamu.edu

Thank You & Happy Budgeting The Office of Budget & Planning