1. Business Managers Meeting November 3, 2016
UMBC FY BUDGET UPDATE
Business Managers Meeting
November 3, 2016

2. WHERE IT COMES FROM

3. WHERE IT GOES

4. WHERE IT COMES FROM

5. WHERE IT GOES

6. FY 2017 AUXILIARY EXPENDITURES

7. FY 2017 SELF SUPPORTED EDUCATIONAL & GENERAL BY COMPONENT

8. FY 2017 RESTRICTED FUNDS - MAJOR COMPONENTS

9. FY 2017 NEW FUNDING $ 000s Revenue Sources Total Revenues $10,361
Tuition Rate increase ,453
Tuition – Enrollment adjustment (600)
Technology Fee/Auxiliary Overhead
State Appropriation ,290
FY 2017 Merit Funding ,162
Indirect Cost Recovery
Total Revenues $10,361

10. FY 2017 NEW FUNDING (continued)
Mandatory Costs
Faculty and Staff 2.5% Merit Pool ,528
Health Care and Retirement Rate increases 3,666
Other Compensation and Benefits increases
Workers’ Compensation
Minimum Wage increase
Affordable Care Act coverage
GA Health Insurance
Other DBM Controlled Subobjects
Debt Service
Contractual Services

11. FY 2017 NEW FUNDING (continued)
Faculty and Instructional Resources
New faculty lines and retention
Contractual faculty
Enrollment pressure
Library
Faculty Development Center new position (half year)
NROTC implementation
Support for Students
Financial Aid
T-STEM base funding
Counseling Center – one-time funds

12. FY 2017 NEW FUNDING (continued)
Other Allocations
Alumni Relations new positon
Facilities Renewal
Central Campus Operations reduction (300)
Total Expenditures $10,581