Town Hall Meeting Budget Update and Planning April 11, 2007

FY 07 Status FY 07 Status FY 08 Budget Development Events FY 08 Budget Development Events Recent Planning Recent Planning FY 08 Information FY 08 Information Reports by Vice Presidents Reports by Vice Presidents Administrative Affairs Administrative Affairs Student Life & Development Student Life & Development University Advancement University Advancement Academic Affairs Academic Affairs Questions Questions Agenda

FY 06 Budget Expenditures FY 07 Budget Revenue/Expense As of April 5, 2007 Budget TOTAL Actual April 5, 2007 Projected April 5, 2007 Allocation 50,919,251 50,953,195 Adjustments 4,150,000 - Total Allocation 55,069,251 50,953,195 55,103,195 Tuition 74,065,326 71,114,822 72,800,000 Other Fees and Income 3,576,000 4,125,519 4,600,000 Grand Total Revenue 132,710, ,193, ,503,195 Grand Total Expenditures 150,170, ,689, ,700,000 Beginning Balance Fiscal Year ,460,716 Budget Balance as of April, 2007** 6,001,225 22,964,531 24,263,911 Carry forward, including Reserve Balance17,945,803 Projected Balance6,318,108 **Budget Balance includes University Reserve of $5,855,000 FY 07 Status

Campus Consultation - Continuing Campus Consultation - Continuing Legislative Action - May 21 Legislative Action - May 21 Tuition Request to MnSCU - June 1 Tuition Request to MnSCU - June 1 Tuition Hearings - June Tuition Hearings - June Start of Fiscal Year - July 1 Start of Fiscal Year - July 1 Tuition Set - July Board of Trustees Meeting Tuition Set - July Board of Trustees Meeting FY 08 Budget Development Events

Established Budget Advisory Group Established Budget Advisory Group Work Groups Work Groups Budget Tuition Analysis Budget Tuition Analysis Budget Model/Base (merged) Budget Model/Base (merged) Budget Assumptions Budget Assumptions Guidance from MnSCU on Allocation Guidance from MnSCU on Allocation Recent Planning

Budget Advisory Group FY 08 Assumptions Recommendations Percentage Rate Used to Establish Pool of Funds to Cover Variety of Financial Increases or Decreases Percentage Rate Used to Establish Pool of Funds to Cover Variety of Financial Increases or Decreases 2.75% % Projected Expenditures Increase 2.75% % Projected Expenditures Increase 0% - 4% Average Projected Tuition Increase 0% - 4% Average Projected Tuition Increase Use MNSCU-Provided Allocation Estimate as of 12/12/2006 Use MNSCU-Provided Allocation Estimate as of 12/12/2006 Share Additional Information with Campus as Available Share Additional Information with Campus as Available

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FY 08 Assumptions Recommendations FY 08 Budget Projection

FY 08 Assumptions Recommendations FY 08 Budget Projection

Tuition Analysis Recommendations Basic Principles Tuition Rates Should be Clear and Straight Forward Tuition Rates Should be Clear and Straight Forward All New Academic Program Proposals Will be Reviewed for Cost/Pricing All New Academic Program Proposals Will be Reviewed for Cost/Pricing All Programs Will Receive Their Share of the Operating Funds Allocated to the College Housing the Program All Programs Will Receive Their Share of the Operating Funds Allocated to the College Housing the Program Program and Market Based Tuition Should Not be Used for General Education Courses Program and Market Based Tuition Should Not be Used for General Education Courses Absent Program or Market Based Tuition, Fees Should be Assessed Per MnSCU Policy 5.11 Absent Program or Market Based Tuition, Fees Should be Assessed Per MnSCU Policy 5.11

Program Based & Market Based Tuition Guidelines Program Based & Market Based Tuition Guidelines Program Based Tuition Trial Program Based Tuition Trial 3 Year Pilots 3 Year Pilots Art Art Nursing Nursing Tuition Analysis Report

$20/Credit Additional Program Based Tuition $20/Credit Additional Program Based Tuition Assist with Costs Associated with Accredited Program Assist with Costs Associated with Accredited Program Tuition Analysis Recommendation Art

Shift Away from Fee Based System Shift Away from Fee Based System Covers Some Direct Expense of Costly Program Covers Some Direct Expense of Costly Program Provides Some Support for Additional Demand on Chemistry & Biology Provides Some Support for Additional Demand on Chemistry & Biology Tuition Analysis Recommendation Nursing

Transfer of Expense Among Institutions Transfer of Expense Among Institutions Scale of Impact $ K Scale of Impact $ K Employee Tuition Waiver

Presidential Transition-One Time $150K Presidential Transition-One Time $150K Faculty/Staff Training Initiative $40-80K Faculty/Staff Training Initiative $40-80K Future Issues University Wide

Future Issues Administrative Affairs 3-5 FTE General Maintenance Workers $ K 3-5 FTE General Maintenance Workers $ K Maintenance Supplies and Equipment $5-15K Maintenance Supplies and Equipment $5-15K Personnel Analyst-1 FTE $65-95K Personnel Analyst-1 FTE $65-95K

Future Issues Student Life & Development Initiatives Focused on Student Behavior, Psychological Needs, and Career Development Initiatives Focused on Student Behavior, Psychological Needs, and Career Development Staff Support for Departments and Division Staff Support for Departments and Division Development & Technology Partnerships Development & Technology Partnerships

MnSCU Alumni Giving Participation Project MnSCU Alumni Giving Participation Project Student Life & Development Director of Development.5FTE Student Life & Development Director of Development.5FTE Community Relations.75 FTE Community Relations.75 FTE Support (accounting and clerical) Support (accounting and clerical) Future Issues University Advancement

Applied Doctorates Applied Doctorates Graduate Center Graduate Center Library & Academic Support Library & Academic Support International Initiative International Initiative Future Issues Academic Affairs

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