1. Cabinet 2009 Budget Presentation Cathy Riedl-Farrey

2. Summary of Reductions FINAL 2009-11 BUDGET 2009-102010-11Biennial Total REDUCTIONS:GPR/FeePR***TOTALGPR/FeePR***TOTALGPR/FeePR***TOTAL Government Efficiency 1,390,900 - 1,419,100 - 2,810,000 - 1% Across the Board 286,992 248,787 535,779 286,992 248,787 535,779 573,984 497,574 1,071,558 Auxiliary Transfer - 1,371,327 - - - - 2% Pay Plan Reductions** 580,762 105,096 685,858 580,762 105,096 685,858 1,161,524 210,192 1,371,716 Furlough Reductions 751,079 176,109 927,188 751,079 176,109 927,188 1,502,158 352,218 1,854,376 3,009,733 1,901,319 4,911,052 3,037,933 529,992 3,567,925 6,047,666 2,431,311 8,478,977

3. Budget Review Task Force Results I FY2009FY2010FY2011Cumulative Total 1 Travel-Out of State 100,000 75,000 50,000 2Lab Mod Not allowed per UW System Budget Office 3Capital - 50,000 4Utilities Already accounted for by UW System Budget Office 5Distance Learning Center - 100,000 6Overheads/Chargebacks - TBD 7Cash set aside 500,000 - - 8Low Class Enrollment/College Reductions - 100,000 9Student Affairs Allocation - 77,000 10University Advancement Allocation - 100,000 - 11Position Savings-GPR & TSI (Existing) - 532,634 - 12Administrative Services Allocation - 100,000 13Tuition offset - - 5.5% - 983,500 Total 600,000 2,118,134 1,460,500 4,178,634

4. FY2010 Positive Notes Cost to Continue items fully funded Enrollment is looking strong TSI numbers are up (over 1,000 students) and UWP retains 100% of these dollars Reductions have not resulted in lay offs

5. 2009-10 Total Budget $110.1 million*

6. Budget Changes from 2008-09 to 2009-10

8. UWP Sources of Revenue 1972-73 through 2009-10

9. Bonding Notes Two types of bonding – General Fund Supported Borrowing (GFSB) – Program Revenue Supported Borrowing (PRSB) State sets aside approximately 4% of its yearly GPR income to pay for bonding. These dollars are part of the entire state budget and cover all general purpose borrowing.

10. Bonding (continued) Issuance and refinancing of bonds is by the Department of Administration (DOA) Bond terms can vary from 10 year commercial papers to 20 year bonds. Platteville currently has PRSB bonds maturing from FY2010 through FY2030. Projects are bonded as expenditures are made so any one project may have several bonds with different maturity dates.

11. Bonding (continued) UW System provides the campus with a schedule of the PRSB payment schedules when new bonds are issued or existing bonds are refinanced. The schedule is used for the annual auxiliary budget process and budgeted debt service must be reconciled with the UW System schedule.

12. Bonding (continued) UW System invoices the campus for both the GFSB and PRSB payments – GFSB payments are made out of Fund 110. System loads the budget for this Fund. – PRSB payments are made out of Fund 123 with a revenue transfer from the respective program revenue operation to the corresponding Fund 123 account. – A special fund was set up for TSI bond payments. The bond payments relating to TSI are accounted for out of Fund 194.

13. Bonding Summary DescriptionFundFY2009 BudgetedFY2010 Budgeted General Fund Borrowing110 4,896,561 5,392,182 Parking123 264,300 260,400 PAC123 88,175 88,161 Fieldhouse Addition123 209,198 415,000 Children's Center123 36,605 35,832 Pioneer Student Center123 916,887 918,566 Residence Halls123 1,888,493 1,913,340 Stadium123 150,736 153,736 Food Service/Union123 391,004 417,973 Chancellor's Residence123 15,750 15,236 Subtotal123 3,961,148 4,218,244 TSI194 2,070,000 Grand Total Debt Service 10,927,709 11,680,426