CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO CAMPUS BUDGET FORUM October 30, 2015 1.

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Presentation transcript:

CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO CAMPUS BUDGET FORUM October 30,

CURRENT FOCUS Dr. Tomás D. Morales President 2

CURRENT FOCUS Strategic Activities Strategic Plan Implementation Update Master Plan for Main Campus & PDC: Continuing Quarter to Semester Conversion 75% of Direct Costs Covered by Chancellor’s Office 3

CURRENT FOCUS Enrollment 15/16 Enrollment Growth Resident FTE, CO Authorized Increase Over Prior-Year 90% of New Students from Local Area Non-Resident - 56 FTE, Campus Planned Increase Over Prior-Year Strengthens Overall Student Experience 16/17 Enrollment Growth 1% Growth Anticipated Solidify Relationships with K-12 Schools 4

CURRENT FOCUS Student Success and Completion Initiatives CSUSB’s Commitment to Trustee’s 6 Initiatives (Anticipated 15/16 Commitment = $3.1M) Tenure Track Faculty Hiring Enhanced Advising Augment Bottleneck Solutions Student Preparation High Impact Practices for Student Retention Data-Driven Decision Making Actual 15/16 Campus Commitment = $3.7 Million 5

CURRENT FOCUS Instruction/Faculty & Staff Support FY 15/16 13 Net New Tenure Track Faculty Hired (29 Overall New Faculty) FY 16/17 16 Net New Tenure Track Faculty Hires Planned (45 Planned Searches) Faculty/Staff Equity $350K Commitment Continues into 15/16 Faculty/Staff Development $3.3 Million Spent During 14/15 Strategic Plan Commits Additional Funds for Faculty Center for Excellence, Teaching Resource Center and Staff Development Center 6

BUDGET UPDATE Dr. Douglas R. Freer Vice President, Administration & Finance 7

GOVERNOR’S COMPACT FOR HIGHER EDUCATION Proposed CSU Cumulative Increases $125.1 Million in 2013/14 - Received $142.2 Million in 2014/15 - Received $119.5 Million in 2015/16 - Received $225 Million $124.3 Million in 2016/17 – Anticipated to be $149.3Million $511.1 Million – Total Proposed Cumulative Increase $641.6 Million – Estimated Actual 8

CURRENT YEAR – 2015/16 Campus Base Increase - $10 Million (State Allocation & Fee Revenue) Restricted/Mandatory - $5.3 Million (Benefits, Compensation, Fin Aid, Risk) Campus Base Reallocations Summer Session - $2.6 Million (Plus $2.8M New Revenue. Total = $5.4M) Doctoral Program (EdD) - $450K (Operating on Direct Revenue) New Distribution - $7.75 Million Faculty (Incl. Coaches) $1.4M Staff/Temp Help$827K OTPS (Supplies & Expenses) $234K Misc. Support Services$215K Central Plant$131K Student Assistants$ 55K Community Engagement$ 35K Pending Distribution - $4.8 Million ( Includes $2M for PT Faculty and $500K for 16/17 TT Faculty) 9

CURRENT YEAR – 2015/16 10 One-Time Funds - $22 Million Prior-Year Balances to Divisions - $11M Prior-Year Balance to Central Reserve - $11M Current-Year Centrally Funded Items PT Faculty/Addt’l Courses - $1M Long-Term Commitments - $930K Strategic Plan - $710K 50 th Anniversary - $250K Hold for Quarter to Semester Conversion - $3M Ratified CBU Agreements (Salary Increases) Most Units Processed in July – 2% GSI Faculty (Unit 3), Skilled Crafts (Unit 6) – Pending

RESERVE MANAGEMENT PLAN 11 Working Capital Reserve/Reserve for Economic Uncertainty Provides a Safety Net for Unanticipated Expenditures $5 Million for 15/16 Deferred Maintenance Reserve Provides an Annual Resource for Addressing Deferred Maintenance Projects $750K for 15/16 Capital Development Reserve Provides a Resource to Expand University Facilities $500K for 15/16

12 2 YEAR BUDGET PROJECTION FY 2016/ /18 Current YearProjected 15/1616/1717/18 State Appropriation$94,918,408$100,878,408$105,878,408 Student Fees106,764,019107,831,659108,909,976 Total Budget$201,682,427$208,710,067$214,788,384 Tuition Discount Requirement33,873,90034,173,90034,473,900 Total Budget - Net Financial Aid$167,808,527$174,536,167$180,314,484 Total Budget Increase Between Fiscal Years $6,727,640 $5,778,317 Mandatory Costs (Employee Compensation/Benefits/Insurance) (5,000,000)(5,100,000) Net Budget Available for Distribution $1,727,640 $678,317

LOOKING AHEAD – 2016/17 13 Not Expecting Funding Above Compact Amount of $149.3M Anticipated Enrollment Growth – 1% 150 FTE for CSUSB Anticipated Mandatory Costs 2% Employee Compensation Increase Employer Paid Benefit Increase (Retirement/Health, incl. Affordable Care Act)

BUDGET SUGGESTIONS Budget Office Web Site budget.csusb.edu OR Click the“Feedback & Concerns” Link on the CSUSB Home Page 14