1. Florida State University New Faculty Orientation
Kyle Clark • Vice President for finance & administration
August 20, 2018

2. Education & General Funds
Appropriated by the State Legislature
General Revenue (primarily Florida’s sales tax)
Tuition and Fees
Lottery
Spending must result in a direct, specific benefit to the University
Tuition Differential must be spent to enhance undergraduate education

3. Contracts & Grants Financial activity related to sponsored research
Includes the University’s developmental research schools
Spending must:
comply with all University and agency requirements
follow the terms of the contract/grant

4. Local Funds Student Activities
Primarily Activity and Service (A&S) fee revenues
A&S fee spending should benefit the student body
Also some self-generated revenues (e.g., the Union)
Technology Fee – Spending should enhance instructional technology resources
Vending – Spending must result in a general benefit to the University

5. Total Operating Budget
FSU Operating Budget
Overall
$1.8 billion
Increase of $130 million (8%) over
No tuition & mandatory fee increase
Significant Changes to Revenue
E&G – $25 million increase in new State funding appropriated
Restricted increases
$17 million Federal Grants
$34 million State Grants
$30 million Other Grants & Donations

6. Total Operating Budget
FSU Operating Budget
Significant Changes to Expense
Increased Faculty Hires which will enable us to offer new programs of strategic interest, reduce our class sizes, and continue to build on our research capabilities
Continue to build and improve recruiting tools for prospective students and families along with financial aid enhancements
Additional graduation and retention enhancements
Enhance student support, student services, and student career preparation
Continue to build upon the operational excellence and efficiencies. This investment will enable us to provide the very best service to students, families, faculty and staff
Enhance graduate, professional programs and student support

7. 2018-2019 Total Operating Budget Summary
FSU Operating Budget
Education & General - State Support
$ 571,509,087
$ 586,142,857
Education & General - Tuition & Fees
210,534,516
212,490,698
Designated
112,087,535
75,193,792
Auxiliary
219,844,425
239,599,418
Debt Service
23,175,000
24,014,205
Restricted
318,754,754
405,881,103
Capital Projects
125,319,943
169,519,158
Component Units
88,826,630
87,584,516
Total
$ 1,670,051,890
$ 1,800,425,747

8. 2018-2019 Total Operating Budget Summary
FSU Operating Budget
Total E&G
44.36%

9. 2018-2019 New E&G Appropriations
FSU Operating Budget
RECURRING E&G
Preeminence
$6,100,000
World Class Faculty and Scholar Program
3,310,722
Professional and Graduate Degree Excellence Program
1,764,359
Operational Support
1,757,800
National Ranking Operational Enhancement
1,697,172
Performance Based Funding
900,000
Retirement Adjustments
862,137
College of Law Tuition Adjustments (Potential Enrollment Growth)
463,480
Subtotal Recurring E&G
$16,855,670
RECURRING COLLEGE OF MEDICINE
Tuition Adjustments
$1,423,531
80,486
Subtotal Recurring College of Medicine
$1,504,017
RECURRING FAMU-FSU COLLEGE OF ENGINEERING
$23,897
Subtotal Recurring FAMU-FSU College of Engineering
NON-RECURRING E&G
$3,242,200
1,924,000
802,828
Tallahassee Veterans Legal Collaborative
400,000
Subtotal Non-Recurring E&G
$6,369,028
TOTAL NEW FUNDING APPROPRIATED
$24,752,612

10. Construction Budget
Earth, Ocean and Atmospheric Science Building
$47,777,371
Student Union Expansion Phase I
21,931,740
Technology Services Building
8,043,713
Campus Dining & Kitchen Renovations
6,754,401
Bio-Med Research Facility
4,964,498
Hoffman Teaching Lab Renovations
4,523,302
All Others
75,524,133
TOTAL DISTRIBUTION BY PROJECT
$169,519,158

11. FSU Operating Budget 2018-2019 Component Units Seminole Boosters, Inc.
$ ,847,818 1
FSU Foundation, Inc.
18,665,889
FSU International Programs Association, Inc.
18,200,000
FSU Financial Assistance, Inc.
14,041,087
Florida Medical Practice Plan, Inc.
4,947,392
FSU Research Foundation, Inc.
3,928,100
FSU Alumni Association, Inc.
3,493,532
John and Mable Ringling Museum of Art, Inc.
2,772,229
FSU Real Estate Foundation, Inc.
712,577
FSU Magnet Research and Development, Inc.
76,610
FSU College of Business Student Investment Fund, Inc.
5,665
SUBTOTAL COMPONENT UNIT EXPENSES
$ ,690,899
Addition to Fund Balance
$ ,985,789
TOTAL COMPONENT UNIT EXPENSES
$ ,676,688
1 The budget is an estimate, and has not yet been approved by the component unit’s Board.

12. 2016-2017 Peer Institutions Operating Budgets
Estimated Total Operating Budget (in billions)
Indiana University
$3.2
Ohio State University
2.9
University of Missouri
2.4
University of Maryland
2.0
University of Georgia
1.5
Florida State University
1.4
University of Kansas
1.2
Note: Does not include teaching hospitals or Component Units

13. 2018-2019 FSU Undergraduate Tuition & Fees
Resident
Non-Resident
Tuition:
Tuition $
Student Financial Aid Fee
5.25
Capital Improvement Trust Fund Fee
4.76
Out-of-State Fee -
481.48
Student Financial Aid
24.07
Subtotal $ $
Fees:
Athletic Fee $
Activity and Service Fee
12.86
Health Fee
13.97
Transportation Fee
8.90
Tuition Differential Fee
49.59
Student Affairs Facility Use Fee
2.00
Technology Fee $
Total per Credit Hour $ $
Student Affairs Facility Use Fee per semester $
Academic Year (30 Hours)
$ ,506.50
$ ,673.00
Academic Year (30 Hours Less Tuition Differential)
$ ,018.80
$ ,185.30
No change since

14. Our Annual Operating Budget is Larger than 73 Countries
American Samoa
Grenada
Northern Mariana Islands
Anguilla
Guam
Palau
Antigua and Barbuda
Guernsey
Pitcairn Islands
Aruba
Guinea-Bissau
Saint Helena, Ascension, and Tristan da Cunha
Barbados
Guyana
Saint Kitts and Nevis
Belize
Holy See (Vatican City)
Saint Lucia
Bermuda
Isle of Man
Saint Pierre and Miquelon
Bhutan
Jersey
Saint Vincent and the Grenadines
British Virgin Islands
Kiribati
Samoa
Burundi
Kosovo
San Marino
Cabo Verde
Lesotho
Sao Tome and Principe
Cayman Islands
Liberia
Seychelles
Central African Republic
Liechtenstein
Sierra Leone
Chad
Madagascar
Solomon Islands
Comoros
Malawi
Somalia
Cook Islands
Maldives
Suriname
Curacao
Marshall Islands
Togo
Djibouti
Mauritania
Tokelau
Dominica
Micronesia, Federated States of
Tonga
Eswatini
Monaco
Turks and Caicos Islands
Falkland Islands (Islas Malvinas)
Montserrat
Tuvalu
Faroe Islands
Nauru
Vanuatu
Fiji
Niue
Virgin Islands
Gambia, The
Norfolk Island
West Bank
Gibraltar

15. Performance Funding Common to All Universities
Percent of Bachelor’s Graduates Employed and/or Continuing their Education Further 1 Year After Graduation
Median Average Full-Time Wages of Undergraduate Employed in Florida 1 Year After Graduation
Average Cost per Undergraduate Degree to the Institution
Six Year Graduation Rate
Academic Progress Rate
Bachelor’s Degrees Awarded in Areas of Strategic Emphasis
University Access Rate
Graduate Degrees Awarded in Areas of Strategic Emphasis
Institution Specific Metrics
1 Board of Governors Choice
Percent of Bachelor’s Degrees without Excess Jours
1 Board of Trustee Choice
Efficiency ranking by US News and World Report
Performance Funding
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16. Legislative Session Performance Funding
Funding through : $94,698,912
16.57% of our Education and General Fund State Support
Estimated funding appropriated in : $2,824,000
Recurring $900,000
Non-recurring $1,924,000
Added colon after academic year

17. Legislative Session Preeminence Funding
Recurring funding through : $52,333,333
Estimated funding appropriated in : $6,100,000 recurring

18. What is Concur?
Concur
FSU’s new reimbursement tool for travel and other expenses, including FSU Foundation
Designed to enhance the traveler’s experience
The University and Concur have many partnerships with popular travel vendors including hotels, rental car agencies Uber, Lyft, etc
Can use it anywhere there is internet, available on smartphones as well
24/7 access to a travel agency in case of any emergencies
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19. Finance & Administration
New Initiatives
Refined Active Shooter Training and increased training sessions by 200% since February of last year.
Selected a vendor to provide campus transit service. The new contract will transition to all electric buses, has built-in performance measures, and additional technology to track all buses.
Completed the implementation of FSU Ride Share. Provides a way for people to post carpool opportunities, find rides, and match-up with people using other modes of transportation.
FSU was recognized by the Tallahassee Women Lawyers chapter as the recipient of the Diversity and Inclusion Award in the Government Entity/Organization category.
Cenergistic has made Phase 1 (temperature set points) changes in University buildings starting.
New Employee Dependent Scholarship program.

20. Finance & Administration
New Initiatives
Cenergistic has made Phase 1 (temperature set points) changes in University buildings starting.
New Employee Dependent Scholarship program.
Newly renovated campus dining facilities and food service program.
Suwannee room, Steak and Shake, Subway, Argo Tea, Einstein Bros. Bagels, Pollo Tropical

21. Florida State University New Faculty Orientation
Kyle Clark • Vice President for finance & administration
August 20, 2018