1. Planning and Budget Committee
June 15, 2016

2. Agenda
How are we doing? – 2nd Qtr Results and a Year to Year Comparison
How does enrollment look? – Admissions Data
What budget changes can be expected next year? – Budget Allocations FY17
Are we getting a raise? – Salary Guidelines FY17

3. 2nd Quarter Results

4. Period Ending May 2015 to May 2016 Comparison

5. FY16 Enrollment Trends Fall 2015 Spring 2016 Summer 2016
CHP decreased by 1,095
Minimum tuition dollars decrease $307,695
60% deferral for FY16 = $184,617
Spring 2016
CHP decreased by 1,210
Minimum tuition dollars decrease $340,010
Summer 2016
CHP decreased by 778 (as of June 14, 2016)
Minimum tuition dollars decrease $281,618
Total minimum tuition decrease for FY16 = $743,245

6. Fall 2016 Enrollment Indicators
Credit Hour Production
CHP increased 953 (as of June 14, 2016 to June 17, 2015)
Minimum tuition dollars increase $276,370
40% for FY16 = $110,548
Orientations
36 more students registered for orientation (as of June 13, 2016 to June 13, 2015)
Housing and Residence Life

8. Salary Guidelines FY17 PERMANENT SALARY/ WAGE GUIDELINES
Auburn University at Montgomery employees including Chancellor, Provost/Vice Chancellors, Tenured and Tenured Track Faculty, Non-Tenured Track Faculty positions, Staff and Administrative/Professional positions will not be eligible for a permanent merit increase on their base salary during fiscal year   No funds will be base-budgeted for permanent salary/wage increases.
Additionally, no funds will be base-budgeted for merit recognitions (supplements).  In the event fall term tuition revenue surpasses projections, funds for merit recognition may be reassessed and brought before the board for consideration. 
Considerations:
Overall trend in declining enrollment
Anticipated expense increases due to changes to the Fair Labor Standards Act (FLSA) 
Costs for necessary campus infrastructure improvements to classrooms and  buildings and much needed technology overhaul

9. Questions?