BUDGET OVERVIEW Barbara L. Johnson Vice Chancellor Business and Finance October 2010

 GENERAL FUND  State tax revenue allocated to the University.  CASH FUNDS  Derived from tuition, fees, investment income, and other miscellaneous income.  FEDERAL FUNDS  Provided by federal agencies for research, grants and contracts, and student aid programs.  REVOLVING FUNDS  Self-generated from departmental sales, charges for housing, food services, etc.  TRUST FUNDS  State and private gifts, grants, and contracts, non-federal student aid programs, etc.

Federal Funds8,300,000 Revolving Funds19,900,000 General Funds35,292,044 Trust Funds4,500,000 Cash Funds21,889,346 Total Estimated Funding$89,881, University of Nebraska at Kearney Estimated Expenditures by Spending Category 10-Instruction38,065, Research276, Public Service409, Academic Support8,222, Student Services6,041, Institutional Administration7,559, Physical Plant Operations6,472, Student Financial Support7,184, Independent Operations10,386, Other Non-Expenditures5,262,525 Total Budgeted Expenditures$89,881, University of Nebraska at Kearney Budgeted Revenue by Fund Source

 General Fund $34,097,172  Cash Fund $24,537,940 _________________  TOTAL $58,635,112

 General Fund:  State Appropriation of Tax $’s $34,097,172  Cash Funds:  Gross Tuition $32,042,401  Remissions($ 6,100,520)*  Refunds/Uncollect($ 1,231,367)  Student Fees $ 249,560  Misc Other Cash $ 709,000  U-Wide Debt Svc($1,131,134) $24,537,940 TOTAL $58,635,112 * 19% Discount Rate

 Academic & Student Affairs59.49%  Distance Learning Program 1.36%  Business & Finance Division 12.99%  Chancellor’s Division 3.02%  University Relations Division.89%  Campus Enhancement/Priorities 2.27%  Benefits 19.94%  Indirect Costs Research Incentive.04%  TOTAL %

 Academic & Student Affairs $35,734,596  Distance Learning -Dept Alloc’s $ 799,100  Business & Finance Division $ 7,803,118  Chancellor’s Division $ 1,815,479  University Relations Division $ 535,090  Campus Enhancement/Priorities $ 1,364,608  Benefits $11,992,362  Budget Cut($ 1,429,241)  Indirect Costs Research Incentive $ 20,000  TOTAL $ 58,635,112

 Residential Housing Rental $5,941,000  Food Service $5,609,000  Facility Fee $ 814,000  Union Expansion $ 503,000  Bookstore Commission $ 280,000  University Heights Apts $ 300,000  Misc Income $ 700,000  Interest Income $ 200,000  TOTAL INCOME $ 14,347,000 LESS OPERATION & MAINTENANCE($7,480,000) LESS FOOD COSTS($3,687,000) Available for Debt Service $3,180,000 Bond Interest Committed $2,350,920 Debt Service Charge 1.35

University of Nebraska at Kearney General Operating Budget REVENUE BOND REVENUE BOND (Auxiliary/Revolving)FY11 Base Budget PersonalNonPersonal % OF Services BASE BUDGET Unit -benefits separated as of 10/11/10 Chancellor Intercollegiate Athletics Pre-Season Meals $020, % Subtotal $ - $ 20, % Academic Affairs-Internat'l Stdt Orientation $0$2,5222, % College of Education - Intramurals $38,618$038, % Student Affairs $1,018,589$296,6861,315, % Subtotal $ 1,057,207 $ 299,208 $ 1,356, % Business & Finance $1,620,446$1,423,2983,043, % Utilities $0$1,420,2571,420, % Benefits $865,790$0865, % Campus Enhancement/Priority Funds $8,772$765,022773, % TOTAL BASE BUDGET $ 3,552,215 $ 3,927,785 $ 7,480, %

 Special Session ($ 288,246) (FY02)  Special Session($ 592,303) (FY03)  April($ 536,116) (FY03)  July 1($1,208,572)  July 1($1,675,828)  July 1($ 86,335)  July 1($ 531,021)  July 1 $ 0  July 1($ 243,893)  July 1($ 385,401)  July 1($ 794,059)  Special Session($ 342,763)  July 1($1,086,478)  TOTAL ($ 7,771,015)

Tuition  %  %  %  %  %  %  %  %  %  %

Undergraduate Resident Tuition Per HourPer 30 crhr  $ 82.25$2,  ,  ,  ,  ,  ,  ,  ,  ,  ,807.50

ROOM/Sem BOARD/Sem Per Year  $ 920 +$60 $ 890 +$35 $3,620  $1,008 +$88 $ 943 +$53 $3,902  $1,071 +$63 $1,007 +$64 $4,156  $1,146 +$75 $1,072 +$65 $4,436  $1,289 +$143 $1,206 +$134 $4,990  $1,376 +$87 $1,287 +$81 $5,326  $1,469 +$93 $1,374 +$87 $5,686  $1,550 +$81 $1,450 +$76 $6,000  $1,635 +$85 $1,530 +$80 $6,330  $1,725 +$90 $1,690 +$160 $6,830  $1,820 +$95 $1,783 +$93 $7,206

QUESTIONS??????