1. Budget Impact Analysis
F&I Committee

2. Revised Budget Positive Cash Flow projection of $884,914
G&A Includes Non-Cash PERS Adjustment

3. Budget Impact Overview
Projected sales impact negative $1,961,981
Three major drivers
Campus Enrollment down - $803,520
Lower Housing Occupancy/Meal Plans - $691,548
Construction/Other - $466,914
PERS Liability increase of $1,160,600

4. Enrollment Overview Campus enrollment down by 3% from last year
Budget assumed levels similar to last 2 years
Spring enrollment trending lower
FY 2018/2019 Headcount Projection up 2%

5. Enrollment Trend

6. Housing Occupancy Budget assumed 2,663 meal plans
Fall Semester down 85 to 2,538
Spring Semester down 140 to 2,480
Budgeted Sales Impact of $691,548

7. Construction Impact
Remaining Sales Shortfall attributed to ongoing construction activity
Turn around
CCPE Building
Outpost Patio
Nugget Pathway