FY13 Budget Status Budget & Financial Planning F&A Advisory Group Jan 23, 2013

FY13 budget: new revenue & expense Revenue, expense avoidance, reallocations Expense Increases

Internal financial indicators enrollment revenue – instate, out-of-state – waivers – grants & contracts rollover expenditures Hybrid costs position mgmt (vacancies) unplanned events – State – local spending trends – utilities construction schedule

Position Mgmt

Monthly revenue report (Dec)

Monthly expenditure report (Dec)

Carry forward released (Sept) – prior yr revenue F&A (indirect)7,100 F&A (indirect ICI)2,559 ESS4,388 Gifts701 Development2,288 Sub-total17,036

Carry forward released (Nov) – FY12 rollover ORSP711 IT496 Controller’s Office280 Campus Services250 Student Affairs154 Colleges113 Enrollment Mgmt36 Sub-total2,040

Carry forward (Sept, Nov) – all other Faculty start-ups1,826 IT404 Enrollment Mgmt431 Colleges258 PMYR231 Student Affairs142 VPASS24 All others143 Sub-total3,459

Unexpected budget expenditures ESS (est) 1,740 ORSP (est) 1 – 2,600 Enrollment Mgmt820 Student Affairs (est)763 Hybrid406 Colleges269 IT171 Athletics88 ANF70 Sub-total5,327-6,927

Budget adjustments & carry forward Prior yr revenue17,036 Budget adj5,327 Rollover2,040 Other carry forward3,459 Sub-total27,862

Carry forward – requests outstanding ORSP5,400 Colleges1,645 IT1,131 Provost’s Office964 Other Academic Affairs174 Enrollment Mgmt238 GRPA111 All other780 Sub-total9,901

Budget status  Likely to be positive operating margin, but below System Office expectation  Continue monitoring revenue or any other potential good news  Encourage discussion on new carry forward policy that better serves us