1. May 21, 2012 Operating Budget Fiscal Year 2013
Board of Trustees
May 21, 2012
Operating Budget
Fiscal Year 2013

2. Discussion Background Fiscal Year 2013 Budget
State funding of Higher Education and impact on CSM
Revenue/Expense History
Fiscal Year 2013 Budget
Current Unrestricted Fund
Designated, Restricted and Endowment Funds
CSM Foundation Budget

3. Higher Education Funding

4. CSM State Funding

5. Revenue History

6. Expense History – By Function

7. Expenses by Type

8. Fiscal Year 2013 Budget Current Unrestricted Fund
Designated, Restricted and Endowment Funds
CSM Foundation Budget

9. Fiscal Year 2013 Proposed Budget
Focus on Current Unrestricted

10. Current Unrestricted Incremental Budget Summary

11. Current Unrestricted Revenue
Total Revenue projected increase of $12.1 million

12. Current Unrestricted Expense by Functional Area
Total Expense projected to increase $14.5 million

13. Current Unrestricted Fiscal Year 2013 Expense by Type

14. New Academic Faculty Positions
11 new positions after retirements - $1.1 million (projection):
Chemical and Biological Engineering - 1 FTE
Civil and Environmental Engineering – 1 FTE
Electrical Engineering and Computer Science – 1 FTE
Mining Engineering – 1 FTE
Applied Mathematics & Statistics – 1 FTE
Petroleum Engineering – 2 FTE
Physics – 1 FTE
3 FTE (TTT) other strategic and opportunity hires

15. Academic Faculty FTE

16. New Expense Requests
18.5 new non-academic faculty positions totaling $2,000,000 (salary and fringe):
Academic ($1,200,000) – 7 positions
Student Support ($500,000)– 8 positions
Research Support ($200,000) – 1.5 positions
Continuing Education ($100,000) – 1.5 positions
New Building ($300,000) – 7.5 positions Maintenance

17. Salary & Benefit Actions
Salary Actions:
FY 2010 – No classified or across the board faculty salary increases
$500,000 equity pool set aside; $225,000 utilized
FY No classified or across the board faculty salary increases
$700,000 equity pool set aside; $600,000 utilized (1.6% of Faculty Salary)
FY No classified or across the board faculty salary increases
$1,300,000 equity pool set aside (3% of Faculty Salary)
FY No classified or across the board faculty salary increases
$1,700,000 equity pool set aside (3% of Faculty Salary with benefits)
Benefit Increases:
FY2012
Faculty 1.5%
Classified 5.4%
2.5% contribution of PERA reverts back from employee to employer ($1,400,000)

18. Undergraduate Financial Aid

19. Graduate Student Support

20. Budget Proposal – Other Funds
*Includes new expenses of $130,000 for 1.83 FTE and operating for new building. See Appendix A for details.

21. CSM Foundation Budget
*Still under review – changes possible