1. FY 2020 Budget Kickoff
May 20, 2019

2. FY 2020 Budget Kickoff Agenda
Welcome
What’s New for FY 2020
Important Dates
Phase II
Discussion

3. What’s New for FY 2020 Authorized 2% merit program
Benefits charged on E&G salaries
Possible TRS rate increase
Other rate changes
The President has authorized a 2% merit program for FY Centrally funded accounts will receive allocations during Phase I of the budget.
Beginning in FY 2020, benefits on E&G salaries will no longer be paid by central university funds. Beginning in FY2020, benefits on E&G salaries will no longer be paid by central university funds. Instead, each college & division will be allocated an additional amount in E&G funds based on FY 2018 actual benefit costs and/or salaries to cover these benefit expenses. Each college and division will have one E&G account established within the Dean’s or VP’s office that will receive the additional allocation and that same account will be charged for college/division E&G fringe benefit expenses.
The Texas Legislature is currently considering legislation which may increase the TRS rate. The legislative session will end on May 27, 2019 and if legislation approves an increase the budget guidelines will be modified.
See budget guidelines for increases to GIP, OASI, etc

4. What’s New for FY 2020 Working Hours: 2088
Salary Savings for Non-Academic Vacant Positions will continue to be swept
Non-academic staff positions may not be eliminated
Resources posted on website budget.tamu.edu
Non-academic staff positions may not be eliminated in Workday without the written approval of Joe Pettibon for academic units or Jerry Strawser in non-academic units
Budget Guidelines, Calendar, FAMIS refresher

5. Important Dates Phase I : Lump-sum budget entry
Starts today, Monday, May 20th
Ends on Monday, June 3rd
Phase II : Salary budget entry
Position Budgeting Tool available June 17th
FAMIS opens July 8th
Workday merit entry July 29th – August 8th
Detailed calendar available at budget.tamu.edu
Phase II -

6. Phase II - Changes Position Budgeting Application Workday Merit
PBA is adloc driven and individual colleges and divisions are making the decision whether to handle centrally or push out to departments
Workday will be handled at a high level in each college/division

7. Contacts Hotline: 845-8145 E-mail: budget@tamu.edu
Website: budget.tamu.edu
Mark Herzog
Shelly Janac
Tracy Foster
Katy Pleasant
Deborah Wright

8. Thank You & Happy Budgeting
The Office of Budget & Planning