Budget Update

Funding Sources Fiscal Year 2013 Operating Fund Targeted Tuition & Fees Federal Appropriations Targeted State Appropriations Grants & Contracts Gifts, Endowment & Investment Income Enterprise Operations Total Revenue $537,394,623 85,850,371 14,706,529 36,843, ,042,911 62,520,910 1,092,498,050 $2,057,857, % 4.2% 0.7% 1.8% 11.1% 3.0% 53.1% 100%

“Enterprise” Operations Hospitals & Clinics University Physicians University Stores Residential Life Athletics Campus Dining Research Reactor Agriculture Parking KOMU Office of Research/Patent & Royalty Other $654,847, ,747,408 55,693,969 42,946,487 48,660,685 26,630,238 12,276,075 10,113,436 7,675,000 10,415,383 2,304,007 63,188,076 $1,092,498, % 14.4% 5.1% 3.9% 4.5% 2.4% 1.1% 0.9% 0.7% 1.0% 0.2% 5.8% 100%

General Operating Sources Total: $538M Operating Fund State Appropriations$169M Tuition$332M Indirect Cost $37M

27% 70% 3 % Change in General Operating Funding Sources TUITION STATE SUPPORT

Operating Fund Gifts & Grants Other Appropriations Targeted Tuition / Fees Hospital, KOMU, Athletics, Bookstore State Support Tuition Budget Tree

State Appropriations for Operations FY 2001 – FY 2013

Enrollment Growth FY 2001 – FY 2013 Head Count 47% Increase

What’s Wrong With This Picture? FY 2001 – FY 2012 Head Count CPI State Appropriations

State Support per Student FTE In Real $

Cause & Effect Source: UM System Planning & Budget

Tuition & Fee Comparison 2012 – 2013 Institution AAU Public AAU Public & Private SEC Big XII Big Ten University of Missouri-Columbia Average $10,904 $24,647 $10,727 $13,254 $14,151 $9,257 Lowest $5,656 $6,090 $8,057 Highest $16,690 $47,246 $42,118 $34,590 $43,799 Combined Tuition & Fees Source: U.S. News Best Colleges 2012

State Support to Higher Education FY 2012 National Comparison* Appropriation per Capita Ranking *Information obtained from the Grapevine Report published by Illinois State University

FY2012 State Appropriations for Higher Ed Per Capita *Information obtained from the Grapevine Report published by Illinois State University

1.Wyoming State Support to Higher Education FY 2012 Appropriation per Capita Ranking* 2.North Dakota 4.North Carolina 10.Alabama 3.Alaska 5.New Mexico 6.Hawaii 7.Nebraska 8.Mississippi 9.Arkansas

FY2012 State Appropriations for Higher Ed Per Capita *Information obtained from the Grapevine Report published by Illinois State University

Capital Projects Current Construction Projects Projects In Design $377,000,000 $210,000,000

Capital Projects Employment Current Projects 50% is Labor $50 / hour ÷ 2080 hours Jobs $377,000,000 $188,500,000 3,770,

Athletic Economic Impact FY 2013 (Estimate) Athletic Events State Championship Concerts Includes Impact Related to Venue & Non-venue Amount = $185,000,000

Work Yet To Do Salaries To Get To AAU Public Mean $14M Above Plus Improve Faculty Mix $25M Facilities Deferred Maintenance$212M Capital Renewal$284M

Budget Update