1. A Primer on The University Budget Fiscal Year 2013-14

2. 2013-2014 Budget Summary (Operating Budget) $ Millions Academic Enhancement $809 Total Budget $2,482 Self Supporting $395 Academic Core $1,278

3. 2013-2014 Total University Sources (Operating Budget) $2,482 Million

4. The Permanent University Fund (PUF) PUF Lands Available University Fund (AUF) 2/3 UT System1/3 A&M System System Costs PUF Bonds UT Austin UT Austin receives about 30% of the total AUF income from the PUF UT Austin FY 12/13 $176 M (recurring) PUF Cash Investments (Leases)

5. 2013-2014 Total University Uses (Operating Budget) $2,482 Million

6. 2013-2014 Academic Core Sources (Operating Budget) $ Millions State General Revenue $316 Tuition $594 Academic Core $1,278 Other** $75 Indirect Cost $74 AUF* $176 R $19 NR $7 NR $17 NR *AUF includes annual payout (varies annually), $19M for FY 13-14 as a result of an increase in the payout rate that may not recur to FY 14-15, $7M in lieu of resident undergraduate tuition increases for FY 12-13 and FY 13-14. It also includes $17M of the $25M allocation for the Medical School for FY 13-14; the remaining $8M was received in FY 12-13 (the minimum $25M annual allocation will be reviewed in FY 23-24). **Other includes Budgeted Balances, Intellectual Property Income, and Administrative Fee, etc.

7. 2013-2014 Academic Core Uses (Operating Budget) $1,278 Million

8. 2013-2014 Academic Core Salaries & Benefits (Operating Budget) $778 Million

9. 2013-2014 Academic Enhancement Budget (Operating Budget) $ Millions Contracts & Grants* $498 Gifts $214 Other includes budgeted balances, Library Resource Sharing Project, and income collected for specific academic purposes (Executive MBA, Field Trips, Orientation, Application, & Library fees, etc.) *Indirect Cost of $74M is included in the Academic Core Academic Enhancement $809 Other $97

10. 2013-2014 Self Supporting Budget (Operating Budget) $ Millions Other $106 Auxiliary Enterprises include: Intercollegiate Athletics:$138M Housing & Food: $81M AT&T Exec. Ed & Conference Ctr. $25M Erwin Center: $23M Parking & Transportation: $18M Other include: Continuing Education, Performing Arts Center, UIL, KUT, McDonald Observatory, Option III programs, Dana Center, LBJ Wildflower Center, etc. Self Supporting $395 Auxiliary Enterprises $289

11. Academic Core Budget

12. FY 2013-14 to FY 2018-19 Academic Core Projected Budget Sources $Millions ($ in millions) Budget 2013-14 Forecast 2014-15 Forecast 2015-16 Forecast 2016-17 Forecast 2017-18 Forecast 2018-19 State General Revenue (GR) 315.5316.4317.5318.0318.5319.1 Flat Rate Tuition (net of Texas Tomorrow incl Environement Service Fee and Student Activity Center Fee) 581.0580.5580.3579.5579.2578.9 Enrollment Differential 13.012.0 AUF System Estimate - Recurring 175.7200.8215.6232.5250.1269.2 AUF – One-time Increase in Payout 18.70.0 AUF - In Lieu of Tuition Increases 6.60.0 AUF – Medical School 17.025.0 Indirect Cost 73.6 Other Revenue 55.1 Balances 21.86.3 Total Budget Sources 1,278.01,269.71,285.41,302.01,319.81,339.2

13. FY 2013-14 to FY 2018-19 Academic Core Projected Budget Forecast $ Millions ($ in millions) Budget 2013-14 Forecast 2014-15 Forecast 2015-16 Forecast 2016-17 Forecast 2017-18 Forecast 2018-19 Increase/(Decrease) over Prior Year:46.6(8.3)15.716.617.819.4 Total Budget Sources1,278.01,269.71,285.41,302.01,319.81,339.2 Total Status Quo Uses1,231.41,240.0 1,239.7 Net Funds to Allocate46.629.745.462.380.199.5 Less: Required Fringe, Financial Aid, and Facility Increases 36.646.454.773.282.692.6 Net Funds to Allocate10.0(16.7)(9.3)(10.9)(2.5)6.9

14. 2013-2014 Budget Academic Core Budget $ Millions

15. 2013-2014 Budget Academic Core Budget $ Millions