Induction for New Staff Tuesday 2nd September 2008 University Finances & Resource Allocation (Macro View) Seán O Farrell Director Management Information Services Ollscoil na hÉireann, Gaillimh

2 Contents Income Analysis Expenditure Analysis Infrastructure Development Programmes Recurrent Grant Allocation Model Budget Process Challenges

3 Income Analysis

4 Expenditure Analysis

Ollscoil na hÉireann, Gaillimh Infrastructure Development Programmes Capital CostPrivately Funded 1989 – 1996 €40m80% 1995 – 2000 €50m60% 2000 – 2005€130m40% 2005 – 2010€135m75%

6 Ollscoil na hÉireann, Gaillimh Recurrent Grant Allocation Model –Weightings based on modules/subject Non Lab,Lab, Fieldwork, Clinical PHD’s extra weighting Exclusions (e.h.non EU, Funded courses, Exam only repeats) Broadening Participation Future link to strategic plan delivery

Ollscoil na hÉireann, Gaillimh ‘In House’ resource allocation Each year, Bursar’s office invites budget submissions from Key Budget Holders, Heads of Function/Colleges/Schools, etc analysed between: a)Maintenance of existing operations b)Developments under the University’s Strategic Plan c)Special Requirements arising in the year d)Any savings arising on existing operations e)Other income generating opportunities

Ollscoil na hÉireann, Gaillimh ‘In House’ resource allocation Bursar’s Office compile an annual ‘rolling’ budget which analyses budget submissions/requirements at U.M.T. functional level. This is tabled at F.R.C. for approval and recommendation to Údarás na hOllscoile. Revisions occur throughout the year based on latest available information.

9 Ollscoil na hÉireann, Gaillimh Challenges –Maximising RGAM return –Research Income –Ongoing reduction in real terms of CORE Grant –Ongoing funding (Fee Income ?)

Ollscoil na hÉireann, Gaillimh Questions ?