Town Hall Meeting Budget Update and Planning March13, 2008

FY 08 Status FY 08 Status FY 09 Budget Development Events FY 09 Budget Development Events FY 09 Information FY 09 Information Reports by Vice Presidents Reports by Vice Presidents Administrative Affairs Administrative Affairs Academic Affairs Academic Affairs University Advancement University Advancement Student Life & Development Student Life & Development Future Issues Future Issues Questions Questions Agenda

FY 06 Budget Expenditures Revenue Projections FY 08 As of 2/4/ ,300 FYE Adjusted BaseIncreaseBudget Carryforward1,887,449 Appropriation/Allocation52,242,247 Technology, Underrepresented, Performance Init.01,714,957 Competitive Salary Funds0536,042 Tuition:73,455,6621,050,00074,505,662 Other Fees and Revenues3,000,0003,500,000 Total Revenue128,697,909134,386,357

FY 08 Assumptions Recommendations Expenditure Projections FY 08 As of 2/4/2008 Adjusted BaseBudget Total Expenditures129,191,534133,092,609 Gap Revenue to Expense1,293,748

Campus Consultation - Continuing Campus Consultation - Continuing Tuition Set - March Trustees Meeting Tuition Set - March Trustees Meeting Budget Worksheets to Units - April 1 Budget Worksheets to Units - April 1 Budgets Entered - May Budgets Entered - May Start of Fiscal Year - July 1 Start of Fiscal Year - July 1 Budget Development Events FY 09

Budget Advisory Group Assumptions FY 09 Includes MnSCU Technology, Underserved Students and Performance Initiative Funds Includes MnSCU Technology, Underserved Students and Performance Initiative Funds Tuition Increase 4% with 1% MnSCU Buydown Tuition Increase 4% with 1% MnSCU Buydown Enrollment of 14,325 FYE Enrollment of 14,325 FYE Tentative Faculty Settlement Tentative Faculty Settlement Maintain 5% Reserve Maintain 5% Reserve

Budget Advisory Group Assumptions FY 09 Does Not Include MnSCU Allocation/Cost Reallocation (Approximately $4.1 Million) Does Not Include MnSCU Allocation/Cost Reallocation (Approximately $4.1 Million) Assumes $1.3 Million Carry Forward From FY 2008 Assumes $1.3 Million Carry Forward From FY 2008 Expenses Adjusted for Increased Debt Service Expenses Adjusted for Increased Debt Service Includes Mandated Expense, Investments, Reallocations, and Fund to Implement Academic Plan Includes Mandated Expense, Investments, Reallocations, and Fund to Implement Academic Plan

Enrollment

FY 06 Budget Expenditures Revenue Projections FY 09 As of 2/4/ ,325 FYE Adjusted Budget Carryforward1,293,748 Appropriation/Allocation55,079,382 MnSCU 1% Tuition Buydown739,830 Technology, Underrepresented, Performance Init.1,984,880 Competitive Salary Funds536,042 MnSCU 1% Tuition Buydown(739,830) Other Fees and Revenues3,500,000 Total Revenue140,016,441

FY 08 Assumptions Recommendations Budget Projections FY 09 As of 2/4/2008 Adjusted Budget Total Expenditures 141,641,359 Budget reductions as of 1/28/08 (2,407,857) Budget mandates and investments 1/28/08 913,557 Reserve for Academic Plan implementation1/28/08 500,000 Total 140,647,059 Gap Expense to Revenue (630,618)

Administrative Affairs Unit NameReductionsAdditions Computer Information Systems15,200 Human Resources400 Administrative Affairs70,000 Printing Services13,146 Business Services172,000 Public Safety15,60017,989 Scholarship & Financial Aid34,538 Building & Grounds40,000190,000 Total360,884207,989

Academic Affairs Unit NameReductionsAdditions College of Business221,000 College of Education273,856 College of Fine Arts349,500 College of Science and Engineering379,742 College of Social Science274,467 Learning Resources111,500 Undergraduate Studies53,67522,500 Continuing Studies11,053 International Studies100,000 Admissions18,350 Academic Affairs127,250300,000 Total1,820,393422,500

University Advancement Unit NameReductionsAdditions University Communications62,995 Alumni Foundation44,688 Total62,99544,688

Student Life and Development Unit NameReductions Additions American Indian Center1,970 Career Services10,660 Counseling & Psychological Services7,50087,000 CSOLD10,000 GLBT300 Multicultural Student Services10,550 Women's Center2,325 Campus Recreation5,480 Student Life and Development9,80030,000 Total 58,585117,000

Office of the President Unit NameReductionsAdditions Institutional Effectiveness121,380 Athletics105,000 Total105,000121,380

Summary Reductions: Permanent2,240,894 One Time166,963 TOTAL2,407,857 Investments: Permanent140,489 One-time121,380 Personnel651,688 TOTAL913,557 AVAILABLE PLANNING BALANCE1,494,300

State Budget Uncertainty State Budget Uncertainty Finalize Settlements for IFO, MSUAASF, & Administrators Finalize Settlements for IFO, MSUAASF, & Administrators FY Outlook FY Outlook Other Issues Other Issues Future Issues University Wide

~Questions~ Budget WEB site URL