Thompson Rivers University

Transcription

1 Thompson Rivers University Operating Budget Senate Presentation April 2010

2 Budget Committee of Senate BCOS Regular monthly meetings Regular capital construction updates Presentations from Faculty of Arts Ancillary Services Institutional Planning and Analysis (IPA) Space Utilization Information Technology Services including a presentation on Project Sage Advancement fundraising update

3 Sub-committees of BCOS: Scholarship and Bursary Funding Budget Review of New Programs and Courses BCOS Communications and Profile Enhancement Strategic Plan Funding Credit CedtCad Card Payment Review e

4 Budget Challenges for 2010 and Beyond Enrolments how to offset the declining student numbers within our region Reliance on International Enrolment growth to balance the budget Reduction in the Annual Capital Allowance Grant (cyclical maintenance) ALMD FTE model based on three years; funding is provided on a year-to-year basis Funding of new programs and other initiativesiti Law School start-up and setting the initial tuition fee Collective Agreements expired March 31, 2010 Realignment of Faculties and Schools - effective April 1 st 2010 Environmental legislation and carbon penalties effective 2010 Lack of funding for non-salary inflation and progression through the salary ygrids Uncertain economic times leads to uncertain provincial budgets

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6 Academic Course Registrant Enrolment Trends % Change to Thompson Rivers University 20.0% 15.0% 10.0% 5.0% 00% 0.0% -5.0% -10.0% -15.0% -20.0% -25.0% Fiscal 04/05 Fiscal 05/06 Fiscal06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Face to Face Open Learning Total

7 Total Face to Face - Course Registrants 75.0% 65.0% 55.0% 45.0% 35.0% 25.0% 15.0% 5.0% -5.0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic International Total

8 Open Learning Course Registrants 0.0% -5.0% -10.0% -15.0% -20.0% -25.0% Fiscal 04/05 Fiscal 05/06 Fiscal06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Total Enrolments

9 Faculty of Arts 80% 70% 60% 50% 40% 30% 20% 10% 0% -10% -20% -30% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic International Total Faculty of Science 80% 70% 60% 50% 40% 30% 20% 10% 0% -10% -20% -30% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic International Total

10 Faculty of Student Development 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj Domestic International Total School of Advanced Tech and Mathematics 80% 70% 60% 50% 40% 30% 20% 10% 0% -10% -20% -30% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic International Total

11 School of Business and Economics 80.0% 70.0% 0% 60.0% 50.0% 40.0% 30.0% 20.0% 0% 10.0% 0.0% -10.0% -20.0% -30.0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic international Total School of Nursing 80.0% 70.0% 60.0% International 50.0% enrolments School of 40.0% Nursing: 30.0% % 10.0% 0.0% -10.0% -20.0% -30.0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic International Total

12 School of Education 80.0% 0% 70.0% 60.0% International 50.0% enrolments School of 40.0% Education: 30.0% % 10.0% 0.0% -10.0% -20.0% -30.0% 0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic International Total School of Social Work & Human Services 80.0% 70.0% 60.0% International enrolments 50.0% School of 40.0% Social Work: 30.0% 20.0% % % % % -30.0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic

13 School of Tourism 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% 0% Fiscal 04/05 Fiscal 05/06 Fiscal 06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10 Domestic international Total Williams Lake Campus 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% Fiscal 04/05 Fiscal 05/06 Fiscal06/07 Fiscal 07/08 Fiscal 08/09 Proj 09/10

14 Revenue Government Grants Macro grant information received, no detailed budget letter to date Total ALMD grant is $64.7 M Annual Capital Allowance grant of $655K No funding for any salary increases No additional funding for non-salary inflation Preliminary Industry Training Authority (ITA) grant is $5.0 M ITA funding is contingent on achieving minimum enrolments for each program Tuition Fees Includes a 2% increase Based on a 3 year rolling enrolment average for Face-to-Face, OL and TRU World is based on the latest projections

15 Expenditures Based on current levels of staffing 2009/10. Includes progression through h the scales Includes a reserve for non-wage impacted benefits (dental, extended health etc), carbon taxes, promotion (faculty) and third party contracted services

16 Outstanding Issues General Letter of Expectations (ITA and ALMD) August 2010 Collective Agreements for all employee groups

17 Draft Operating Fund Revenues (Total)

18 Draft Operating Fund Expenditures (Total) 2010/11 Expenditure Budget 2009/10 Expenditure Budget 2% 2% 1% 1% 3% 4% Faculty Salary Tutors Salary 1% 1% 2% 3% 2% 4% Faculty Salary Tutors Salary 5% 40% Support Staff Salary Admin Salary Fringe Benefits 5% 40% Support Staff Salary Admin Salary Fringe Benefits 14% Supplies Related Maintenance Repairs and Rentals 14% Supplies Related Maintenance Repairs and Rentals Contractor and Professional Fees Contractor and Professional Fees 10% 14% 4% Marketing & Recruitment Utilities Related Capital 11% 14% 3% Marketing & Recruitment Utilities Related Capital Travel Related Travel Related Operating Fund Expenditures 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 Faculty Salary Support Staff Salary Admin Salary Fringe Benefits Supplies Related Maintenance Repairs and Rentals Contractor and Professional Fees Marketing & Recruitment Utilities Related Capital Travel Related 2008/09 Expenditure Budget 37,321,698 10,165,380 7,907,688 10,932,221 5,639,851 1,440,454 3,534, ,914 1,917, ,760 1,924, , /10 Expenditure Budget 38,822,019 10,425,184 8,119,904 11,701,604 5,623,467 1,508,654 3,721, ,153 1,971, ,579 2,135, ,500 Block Transfers

19 Draft Operating Fund Budget of Revenues and Expenditures for the 2009/2010 Fiscal Year Revenue/Expenditure Category 2010/11 Budget 2009/10 Q3 Forecast2009/10 Budget Government Allocations ALMD Block Grant 64,200,000 65,101,189 64,633,922 ALMD Aboriginal Funding 300, , ,000 ALMD SIP Funding 204, , , ITA Funding 5,014,236 4,700,000 4,620,000 Government Allocations Total 69,718,236 70,305,189 69,757,922 Tuition and Other Revenue Tuition - Credit Programming 18,217,273 17,501,942 17,574,000 Tuition Open Learning 4,822,629 4,281,347 4,654,503 Other Revenues 4,812,309 4,500, ,745, Investment Revenue 2,100,000 2,335,295 1,900,000 TRU World Total Revenue 20,400,000 20,393,757 18,000,000 Continuing Studies (net) 4,004,000 3,790,647 4,147,000 Tuition and Other Revenue Total 54,356,211 52,803,556 50,021,253 Total lrevenue 124,074, ,108, ,779, Expenditures Divisional Operating 91,174,234 89,786,452 88,779,079 Aboriginal Service Plan Expenses 300, , ,000 SIP Expenses 204, , , Divisional Operating Open Learning 15,692,213 14,812,451 14,649,096 TRU World - Operations 9,000,000 8,148,805 8,136,000 Continuing Studies 3,804,000 3,884,018 3,947,000 Expenditures Total 120,174, ,135, ,015,175 Reserves Board Reserves 1,800,000 1,650,000 1,800,000 International Building Reserves and Payments (n 2,100,000 2,008,536 1,964,000 Excess (Deficiency) of Revenues over Expenditures 0 2,314,483 0

20 Thompson Rivers University - Open Learning Draft Operating Budget Fiscal Year Revenues Budget 2009/10 Q3 Forecast Budget Block Grant Allocation 8,212,049 8,474,885 8,203,950 Tuition - Domestic 4,822,629 4,281,347 4,654,503 Lab & Course Fees 2,084,610 2,055,500 1,760,643 Other Revenues 572, ,546 30,000 Total Revenue 15,692,213 14,943,278 14,649,096 Operating Expenditures: Expenditures Compensation & Benefits 12,604,609, 11,546,651, 11,913,606, Operating Supplies 688, , ,870 Professional Fees and Contracted Services 416, , ,700 Other Expenses 612, , ,898 Travel, Membership and Training 525, , ,125 Advertising, Promotion and Recruitment 498, , ,000 Interest, Bank Charges and Related 211, , ,397 Institutional Issues 134, ,500 Total Operating Expenditures 15,692,213 14,812,451 14,649,096 Excess (Deficiencies) of Revenues over Expenditure - 130,827 -

21 Thompson Rivers University - TRU World Draft Operating Budget Fiscal Year Revenues 2010/11 Budget Q3 Forecast 2009/10 Budget Tuition Fees 18,900,000 18,762,151 16,100,000 Short Term Programming & Accreditations and Other Reve 1,500, ,662,962 1,900, Total Revenues 20,400,000 20,425,113 18,000,000 Revenue Transfers Transfer to Base 9,000,000 8,915,707 7,700,000 International Building Levy fee 2,400,000 2,328,536 2,264,000 Revenue Transfers Total 11,400,000 11,244,243 9,964,000 Net Revenues Total 9,000,000 9,180,870 8,036,000 Operating Expenditures: Administrative, i ti Support and Faculty release Salaries 2,900, ,756,935 2,400, Office Operating Expenses 1,170,000 1,022,906 1,000,000 Credit Card Commissions 180, Travel Related Expenses 1,300,000 1,266,806 1,500,000 Marketing Initiatives 850, , ,000 Professional Fees 2,500,000 2,350,000 2,386,000 Contingency 100,000 9,000,000 8,148,805 8,036,000 Total Operating Expenditures: 9,000,000 8,148,805 8,036,000 Excess of Revenues over Expenditures - 1,032,065 -

22 Draft Base Operating Fund Expenditures by Division (F2F) Fiscal Year Division 2010/11 Budget Restated 2009/10 Budget Faculty of Sciences 11,929,610 11,776,041 School of Business & Economics 5,598,327 5,308,555 Faculty of Human, Social & Educational Deve 8,983,497 8,694,860 School of Nursing 4,841,044 4,552,151 School of Tourism 3,586,896 3,498,665 Faculty of Arts 10,278,953 10,312,853 School of Trades & Technology 4,759,760 4,533,359 Williams Lake Campus 3,283,546 3,248,011 AVP Research and Graduate Studies 222, ,808 University Library 2,812, ,806,580 Vice Provost Students 6,507,617 6,277,434 Vice President Academic 2,946,068 2,545,276 AVP Human Resources and Planning 2,588,499 2,580,788 Facilities 5,241,226 5,103,163 Purchasing & Logistic Support 748, ,021 Athletics and Recreation 1,464,869 1,396,192 AVP IT Services 4,730,816 4,709,445 AVP Finance 2,125,894 2,108,231 Budget Development and Internal Audit 211, ,845 Vice President Administration & Finance 3,133,893 3,442,373 Environment & Sustainability 291, ,231 VP Advancement 1,164,648 1,399,828 President's Office 770, ,088 Aboriginal Service Plan 545, ,842 TRU Secretariat 963, ,671 89,732,734 87,864,309 Equipment 950, ,000 Benefit Reserve 250, ,270 Promotion Reserve 150,000 0 Carbon Tax Reserve 150,000 0 Regional Budget Allocation 385, ,500 Contracted Service Rate Reserve 60,000 0 Total Expenditures 91,678,234 89,283,079

23 Thompson Rivers University Operating Funds (Excluding Professional Development Funds) Divisional Projected Results as per Q3 Forecast April 1st 2009 to March 31, 2010 Projected Projected Projected Net Opening Division Revenues Expenditures Results Carry Forward Faculty of Science 8,078,345 7,988,806 89, ,672 School of Business & Economics 6,140,584 5,678, , ,714 School of Education 2,208,570 2,087, ,186 (82,476) School of Nursing 4,578,115 4,749, (171,842) (182,744) School of Social Work 1,923,691 1,949,856 (26,165) - School of Tourism 4,469,836 4,290, , ,101 School of Advanced Tech & Mathematics 4,341,818 4,302,877 38,941 - Faculty of Arts 10,486,936 10,286, , ,392 School of Trades & Technology 5,622,210 5,460, ,790 (44,970) University Library 2,806,379 2,595, , ,285 Registrar 2,117,185 2,059,878 57, ,869 Director, Student Recruitment 1,516,881 1,514,260 2,621 - Vice Provost Students 1,143,500 1,078,132 65,368 7,710 Student Development 6,796,707 6,809,388 (12,681) - Regional Campuses 654, ,382 25,995 - AVP Research & Graduate Studies 305, ,033 5,776 (4,883) VP Academic & Provost - Office 952, ,796 2, ,347 VP Academic & Provost - Portfolio 1,074,618, 1,067,992, 6, ,942 VP Open Learning 14,943,278 14,812, ,827 1,024,421

24 Thompson Rivers University Operating Funds (Excluding Professional Development Funds) Divisional i i Projected Results as per Q3 Forecast April 1st 2009 to March 31, 2010 Projected Projected Projected Net Opening Division Revenues Expenditures Results Carry Forward Public Relations and Promotion 468, ,605 14,530 (14,656) VP Advancement 894, ,375 20,131 (98,128) Environmental & Sustainability 196, ,649 20,582 2,048 Facilities 5,335,011 5,484,146 (149,135) 135) 115, Procurement Services 756, ,414 (75,393) 36,886 Capital Projects & Construction 51,804 15,000 36,804 5,300 Budget Development Office 182, ,673 4,671 - Williams Lake 4,307,586 4,251,788 55,798 (111,010) Athletics & Recreation 1,537,922 1,537, (64,246) AVP IT Services 5,022,545 5,209,281 (186,736) 231,148 AVP HR & Planning 2,543,877 2,472,284 71, ,636 AVP Finance 2,217,512 2,258,576 (41,064) 93,059 VP Finance and Administration - Office 568, ,180 11, ,233 VP Finance and Administration - Portfolio 2,478,858 2,475,333 3, ,924 TRU Secretariat 932, ,746 15,425 (144,394) President 660, , ,390 48,206 Aboriginal Affairs 518, ,169 7, ,420 TRU World (net of transfers) 9,180,870 8,148,805 1,032, ,160 Total 118,013, ,506,924 2,507,056 4,495,117

25 Thompson Rivers University Capital Projects Update

26 Capital Funding Sources Major Capital Ministry Funded ($5M - ) Minor Capital Ministry Funded ($300k - $5M) Annual Capital Allowance this funding has been reduced for 2010/11. These funds are used for cyclical maintenance (buildings, boilers, roof, grounds, etc.), infrastructure (public works - roads, sidewalks, sewer water, and electronic), renovations ($25K to $1.5M), capital reserves, planning for major capital, etc. Self Financed separate revenue stream or reserves

27 Capital Projects Completed in and/or currently under construction House of Learning Old Main Building Code Upgrades Gathering Places Kamloops and Williams Lake TRU Access Road and Hillside Drive Extension Partnership with City of Kamloops Signalization of McGill Road At Eastgate

28 House of Learning $32 million total project LEED gold standard Construction commenced 2009/10 Occupancy targeted for Fall 2010 Web site -

29 Williams Lake Gathering Place Williams Lake Gathering Place April 16, 2010

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31 Kamloops - Gathering Place April 16, 2010

32 Capital Projects Under Consideration (All must be self financed or developer financed) Third Floor Old Main Third Floor Campus Activity Center University Village

33 Third Floor Old Main

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