1. University Budget Committee
May 3, 2018

2. Fiscal Year 2018 Final Update
Budget
Actual
Difference
Tuition
Summer
$3,368,271
$3,165,067
($203,204)
Fall
$39,855,938
$40,768,713
$912,775
Spring
$36,936,102
$37,257,418
$321,316
Total:
$80,160,311
$81,191,198
$1,030,887
State Appropriation
$52,454,194
$51,810,708
($643,486)
Millage Revenue
$6,696,762
$6,361,924
($334,838)
Financial Aid Allowance
$127,134
$159,678
$32,544
Investment Earnings
$236,871
$194,590
($42,281)

3. Summer Work
Refining FY19
Updating 4-Year Plan

4. Budget Impact of President’s Recommendations
FY19
FY20
FY21
FY22
-0-
($1,518,172)
($2,075,774)
($1,472,336)

5. Update on Legislative Process
Present Law Adjustments
Salary/FTE Snapshot
Long Range Building Plan (LRBP)

6. Other