University of Colorado at Boulder 1 New Regent Orientation University of Colorado at Boulder March 11, 2009

University of Colorado at Boulder 2  Restricted funds are gifts, grants & contracts, and non- institutional financial aid  Auxiliaries include Housing, Bookstore, Continuing Education, UCSU cost centers and other self- funded departments  The campus operating budget, the General Fund, is primarily State funding, ICR, and 80% of total tuition and fees  Tuition and fees is largest revenue category FY 2009 Initial Budget FY2009 Current Fund Revenues $1.0B

University of Colorado at Boulder 3 FY2009 Budget  Restricted fund - $280 million (27%)  Auxiliary fund - $240 million (23%)  General Fund - $500 million (50%)  Total estimated current funds $1.02 billion

University of Colorado at Boulder 4 General Fund $500 million  Tuition $358 million (71%)  State funding $86.3 million (17%)  ICR $41 million (9%)  Fees and Other $15.8 million (3%)

University of Colorado at Boulder 5 Tuition/fee and State-funding Revenues per All-Student FTE, FY07, US Public AAU's

University of Colorado at Boulder 6 State Funding and Tuition Rate per in-State Student FTE, FY09, Reporting AAU Publics 

University of Colorado at Boulder 7 Expense Components FY07

University of Colorado at Boulder 8 Tuition Rates – UCB as Pct AAU Public Avg

University of Colorado at Boulder 9 COA Academic Year AY 2009 Full-Time Non-Resident (Incoming) AY 2009 Full-Time Resident Tuition$25,400$5,922 Fees1,356 Room and Board 9,860 Other6,7436,123 Total$43,359$23,261 Typical Cost of Attendance Example for an academic year full-time, undergraduate Arts and Sciences student Note: The resident tuition line only represents the students share and does not include the COF stipend. “Other” is based on estimates established by CCHE

University of Colorado at Boulder 10 Grant aid excluding State and federal as % of FY tuition revenue

University of Colorado at Boulder 11 Boulder Campus Fall Headcounts By residency -- includes non-degree students Fall 81 Fall 08 Change  Residents 14,92320,0385,11534%  Non-Res 7,32610,0962,77038%  Total22,24930,1347,88535%  New frosh 3,300 5,8332,53377%

University of Colorado at Boulder 12 Research Awards by Funding Agency

University of Colorado at Boulder 13 Restricted Fund  Research activity steady  Expenditures steady FY06 to FY08 around $260M  Gifts  2 nd largest component in restricted fund  Approximately $45M annually  Other restricted fund activity  Pell and work study federal funding $14M annually  DHE financial aid $8M FY09

University of Colorado at Boulder 14 Sponsored Research

University of Colorado at Boulder 15 Auxiliary Fund  Auxiliary fund activities are conducted to provide services and support for the Boulder campus  Resource management can be “restricted” per bond covenances and Federal Cost Accounting Standards  Auxiliary fund activity approximately $240 million  Auxiliary enterprises are 90% of the auxiliary fund and the largest is Housing $78 million  UCSU $36 million, one of largest student governments

University of Colorado at Boulder 16 Local Economic Impact  Over 30,000 students, 6000 jobs and $475M of payroll  Over $17.00 generated in economy for each dollar of tax support  Over $250M in research grants from external sources  Incubator of numerous start-up companies

University of Colorado at Boulder 17 COMMENTS & DISCUSSION