1. Projected Budget - Fiscal Solvency Plan Unrestricted Only 2
Projected Budget - Fiscal Solvency Plan Unrestricted Only 2.71% COLA and 0 Growth estimated for % COLA and 0 Growth estimated for % COLA and 0 Growth estimated for 20-21
Description
State Allocation
61,735,272
62,352,625
62,976,151
Local and Federal Funds
3,134,100
Total Revenue
64,869,372
65,486,725
66,110,251
Expenditures (GF 1000 to 7000)
61,681,423
62,704,138
Step/Column
492,000
Utilities/insurance/other augmentations
200,000
100,000
Savings from GFU retirees (est 3)
(405,000)
(405,000)?
Cost of est 5 New Faculty
571,800
571,800?
Cost of PERS/STRS Incr (budget 2 yrs advance)
163,915
105,623
Budget Augmentations
Remove one-time budgets/other misc changes
Total Expenditures
63,568,561
Structural Surplus/(Deficit) projected
3,187,949
2,782,587
2,541,690