1. Budgetary Affairs Committee Report
Faculty Senate Meeting
February 21, 2013

2. SUMMARY: S&T GENERAL OPERATING BUDGET*
FY 2013:
$4.1M in reductions; $3.0M re-investment; $1.9M increase in salaries; no deficit
FY 2014: (preliminary assumptions)
$3M increase in fees ( 1.7%/4.4%/6.0%);
3% increase in salaries; $1.1M Geo- Thermal bond debt; projected estimate: $2.4M “planning” deficit
*Budget data provided by Carol Heddinghaus

3. UM FY2013 Operating Budget Information: 
S&T FY Budget Information

4. http://web.mst.edu/~hale/BAC (includes IT Fee) up from $50.7M
Student org. sales, health services,, St. Pat’s, summer fees

5. http://web.mst.edu/~hale/BAC All E&E Library acquisitions
parking lots,
physical facilities, charges printing, video
communications, Havener Center
S&T to/from System
People Soft etc.
Transfers to pay debts from
Aux Services income
Residence Hall/ housing to capital
replacement

8. Increases

9. + 1.7%/+4.4%/+6.0%
Distance Ed. Recovery, Gifts, Endowment Assessment

11. COMPARISON WITH OTHER CAMPUSES

12. SUMMARY: S&T GENERAL OPERATING BUDGET*
FY 2013:
$4.1M in reductions; $3.0M re-investment; $1.9M increase in salaries; no deficit
FY 2014: (preliminary assumptions)
$3M increase in fees ( 1.7%/4.4%/6.0%);
3% increase in salaries; $1.1M Geo- Thermal bond debt; projected estimate: $2.4M “planning” deficit
*Budget data provided by Carol Heddinghaus

13. Supplementary Slides