1. Planning and Budget Committee February 20, 2015

2. Agenda Current Financial Position Sequester Revenue and Expenditure Comparisons FY08 to FY14 FY16 Revenue and Expenditures Effects of Tuition Changes

3. Fiscal Year 2015 as of 01/31/2015

4. Sequester Possible sequester of O&M funds if revenue does not increase Funds would be placed in a holding account to cover year-end deficit or be returned to units

5. Revenue Comparison FY08 to FY14

7. Expenditure Comparison FY 08 to FY14

8. Expenditure Comparison FY 08 to FY14 Personnel Costs

9. Expenditure Comparison FY 08 to FY14 Other Operating Costs

10. http://www.aum.edu/admissions/fina ncial-affairs/cashier-office/financial- information Administration tab Financial Affairs

11. Possible FY16 Revenue Changes State Appropriations: 1%$226,638 Tuition: 1%$385,622 Fees: – Student Parking 4,000 @ $30 $120,000 – Faculty/Staff Parking 100 @ $75 $7,500

12. Possible FY16 Expenditure Changes Tenure and Promotions: $57,000 – Benefits $17,000 Salary/Wage Increases:1%$322,424 – Benefits $100,000 Debt Service Scholarship increase to match tuition increase Strategic Plan Priorities – Year 3

13. Subcommittees Enrollment Projections for 2015-2016 Impacts of Tuition Changes on students and the University

14. Effects of Tuition Changes Dr. Allison Terry

15. Tuition Increases for Resident Undergraduate Students

16. New Undergraduate Students Enrolled (Full-Time)

17. Total Undergraduate Enrollment

18. Graduations Per Year (Bachelors)