1. Open Budget Meeting November 3, 2015

2. Open Budget Meeting 2

3. 3 Budget Calendar & Timeline CSU’s Internal Budget Process Governor’s Proposal January General Assembly Winter Finalized & BOR Axn Spring BOR Allocation June/July CSU/BOR Request to OPB Aug- Sept

4. 4 State Appropriations 2016 Major Repair & Renovations (MRR) Tuition & Fees Auxiliary Enterprises Salaries and Wages Utilities Supplies/Equipment & Travel Technology Facilities and Maintenance Public Safety Campus Activities and Services Capital funds can not be used to pay for salaries and wages State procurement guidelines must be followed Student fees must be used in conjunction with specific services Prudent fiscal management required for all sources State Appropriation varies Focus on Financial Ratios Economic conditions have a direct impact on our ability to collect the revenues necessary to satisfy the needs and obligations of the University UsesRestrictionsRealities CSU Foundation Endowments Scholarships Unrestricted Annual Giving Sponsored Programs Clayton State University’s Resources

5. 5 Open Budget Meeting * FY16 Tuition is projected STATE APPROPRIATION & TUITION TRENDS FY12-FY16 Fiscal Year State AppropriationTuition FY12$21,788,136$25,084,587 FY13$22,799,099$26,520,536 FY14$23,251,922$27,338,759 FY15$24,067,121$27,333,575 FY16$25,198,595$26,735,500*

6. Open Budget Meeting 6

7. 7 FY 2016 REVENUE PROJECTIONS Institution: Clayton State University Due: December 5, 2014 TUITION New Entering Freshmen Class Fall 2015 (FY16) Continuing undergraduate & graduate studentsTOTAL ESTIMATED NUMBER OF STUDENTS (FALL HEADCOUNT) Undergraduate Freshmen9759001,875 Undergraduate Sophomores 1,140 Undergraduate Juniors 1,420 Undergraduate Seniors 2,115 All Graduate/Professional students 400 TOTAL NUMBER OF STUDENTS 9755,9756,950 ESTIMATED NUMBER OF FULL TIME EQUIVALENT (FALL FTE) Undergraduate Freshmen7606951,455 Undergraduate Sophomores 980 Undergraduate Juniors 1,180 Undergraduate Seniors 1,735 All Graduate/Professional students 320 TOTAL NUMBER OF STUDENTS 7604,9105,670 REVENUE ESTIMATED AT CURRENT RATE WITH NO TUITION INCREASE (BASED ON UNDUPLICATED HEADCOUNT, ALL SEMESTERS) In-state undergraduate students $ 2,400,000 $ 19,150,000 $ 21,550,000 Out-of-state undergraduate students $ 340,000 $ 1,530,000 $ 1,870,000 All Graduate/Professional students $ 2,730,000 TOTAL REVENUE $ 2,740,000 $ 23,410,000 $ 26,150,000 Increase in revenue for each 1% increase in tuition $ 27,400 $ 234,100 $ 261,500

8. Open Budget Meeting 8 Enrollment Headcounts PROJECTIONS FY12FY13FY14FY15FY16*FY17FY18FY19FY20FY21 FY Total 17,240 17,538 17,180 16,540 16,624 16,850 17,018 17,188 17,446 17,708 Fall 6,860 7,140 7,261 7,022 6,992# 7,050 7,120 7,191 7,299 7,409 Spring 6,872 6,954 6,976 6,747 6,850 6,900 6,969 7,039 7,144 7,251 Summer 3,508 3,444 2,943 2,771 2,782 2,900 2,929 2,958 3,003 3,048 *FY16 includes Fall 2015, Spring 2016, and Summer 2016#Based on preliminary institutional counts

9. Open Budget Meeting 9

10. 10 Revenue FY16 Budget Build State Appropriation 25,198,595 Tuition26,735,500 Fees & Other General5,656,650 Carry Forward Funds600,000 58,190,745 Expenditures Updated current budget57,675,885 Funding Available to Distribute514,860 Required Funding Items added: University Contingency61,765 Increase in software licenses17,079 Faculty Promotions including benefits59,030 Salary Stressors including benefits (ITS)20,000 Funding for Merit Raises including benefits 356,986* 514,860 * 47% provided by BOR; 53% provided by CSU Includes current Salary, Benefits, Travel, & OS&E Increase TRS $171,099 Increase Health Insurance $ 58,837 Additional funding for AVP Marketing & Communications $ 2,700 M & O Funded Positions: Lab Technician $ 53,200 (2) Custodial Positions $ 54,000 Priority Items Funded by BOR: (3) Academic Advisors $160,000 New Storage Area Network (SAN) $150,000

11. 11 Open Budget Meeting

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13. 13 Open Budget Meeting

14. 14 Open Budget Meeting

15. 15 Open Budget Meeting

16. Discussion and Questions 16