1. Budget Update & General Budget Conditions BAC September 13, 2013 Todd Foreman Vice President for Finance and Administration

2. 2014/15 Budget Request: Background

3. Examples of 13/14 Planned Incremental Tuition Uses UseValueFTE New Faculty Hires$18.4M218 Other Vacancies/Positions$8.5M158 Faculty Vacancies$8.3M117 Prior Year Contractual Costs$7.1MN/A Scholarships$4.0MN/A Program Support$4.0MN/A Student Services$2.0MN/A

4. Themes of 2014/15 Budget Request SectorItem State-operated / Statutory UUP, other contractual/inflationary costs Sufficient appropriation to disburse self-generated revenue Initiatives: Strategic Investment, other Community Colleges Fully recognize enrollment Base Operating Aid Capitalize on Job Linkage funding Hospitals State tax support future Cost avoidance items Capital Multi-year capital plan to address: Backlog and renewal needs Strategic investment in: Core educational mission Research and economic development goals

5. Performance Based Funding State Budget Gaps Uncertain State Tax Revenue Job Linkage Program NY-SUNY 2020 Proven Return on Investment

6. 2013-14 Budget State Support Core Operating Budget No funding for salary increases Estimated budget impact for Oneonta: $500k Tuition increase appropriation is included Capital Budget No new capital funding for Educational Facilities Capital Program, including Critical Maintenance funds Cash flow problems have delayed projects

7. 2013-14 Budget SUNY Outlook Tuition increase (year 3 of 5) Projected new tuition revenue $2,200k Offset by SUNY Tuition Credit ($476k) Offset by salary increases ($500k) Offset by scholarship increases (year 2 of 4) ($500k) Net new tuition revenue: $724k SUNY Hospitals still a big “?”

14. Strategic Performance Indicators – Financial Sustainability projected in red Financial Sustainability Indicators FY08/ 09 FY09/ 10 FY10/ 11 FY11/ 12 FY12/ 13 FY13/ 14 Campus Reserve as % of state support (beginning of fiscal year)41%44%43%73%59%58% Cash Balance Thresholdn/a 18% 17%15% Billed Cost of Attendance -- Annual Increase5% 3%5%3%4% Academic & Student Services v. Administrative spending (IPEDS) 56% : 44% 60% : 40% 59% : 41% 64% : 36% 62% : 38%

15. Campus Reserve TotalRecurringOne-Time% Actual $ 6.8 $ 2.0 $ 4.853% Desired $ 3.3 $ 1.3 $ 2.025% Difference $ 3.6 $ 0.7 $ 2.928% Opportunity

16. Estimated Billed Cost of Attendance Billed Cost of Attendance: Fall 2013 Per Semester Actual Fall 2013 $ Change v. Prior Yr % Change v. Prior Yr In-State Undergraduate Tuition$2,935.00$150.005.4% Dorm Room (baseline double)$3,137.00$134.504.5% Dining Plan (Unlimited)$1,970.00$30.001.5% Tuition, Room & Board Subtotal$8,042.00$314.504.1% annual cost$16,084$6294.1% Athletic Fee$191.50$4.002.1% Technology Fee$202.50$6.003.1% Health Fee$153.50$6.504.4% College Fee$12.50$0.00- Transcript Fee$5.00$0.000.0% Comprehensive Fee Subtotal$565.00$16.503.0% annual cost$1,130$333.0% Student Activity Fee$105.00$5.005.0% Alumni Fee$10.00$0.00- subtotal$115.00$5.004.5% SEMESTER GRAND TOTAL$8,722$336.004.0% Annual Cost$17,444$6724.0%