FY 2018 Stockton University Operational & Capital Report as of May 31, 2018

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1 FY 2018 Stockton University Operational & Capital Report Table of Contents Page Operational Budgets 1-2 Internal Capital Projects Summary 3 Internal Capital Projects 4-5 Other Capital Projects 6 State Bond/Grants 7

2 STOCKTON UNIVERSITY Operational Budget Status Report Main Campus Period Ending May 31, 2018 Operational Budget Original Revised Year to Date % REVENUE Budget Budget Revenues Realized State Appropriation $ 18,391, $ 18,391, $ 16,858, % Central Appropriation* 29,060, ,984, ,626, % Undergraduate Tuition 66,450, ,450, ,628, % Graduate Tuition 9,411, ,411, ,416, % Educational & General Fee 28,169, ,169, ,813, % Facilities Fee 7,936, ,936, ,100, % Other Fees/Income 4,292, ,292, ,669, % Summer Gross Revenue 6,276, ,276, ,474, % Admin Cost Recovery 8,757, , , % Investment Income 2,057, ,057, % TOTAL REVENUE $ 180,804, $ 170,751, $ 170,297, % Fund Balance 6,701, ,132, % Total Available funds $ 187,505, $ 174,884, $ 170,297, % *Central Appropriation is an estimated amount that the State pays for fringe benefits. The University reimburses the State on a quarterly basis for non-state funded positions and auxiliaries enterprises. Organizational Title Original Revised Year to Date Year to Date % EXPENSES Budget Budget Expenses Commitments Realized President $ 4,767, $ 5,786, $ 4,861, $ 720, % Academic Affairs 61,425, ,046, ,489, ,898, % Student Affairs 7,821, ,339, ,756, , % Athletics 1,419, ,457, ,327, , % Development 1,503, ,500, ,133, , % University Relations/Mktg 2,580, ,681, ,066, , % Administration & Finance 8,679, ,089, ,956, , % Facilities and Operations 10,768, ,009, ,962, ,108, % Information Technology Svs 7,303, ,312, ,138, , % Student Aid 15,830, ,830, ,382, % Institutional General 17,861, ,306, ,727, ,253, % Student Life 12,374, ,188, ,369, , % Rec Program 1,304, ,339, ,057, , % Fringe Benefits 33,865, ,997, ,455, % TOTAL EXPENSES $ 187,505, $ 174,884, $ 154,683, $ 15,780, % Year to Date expenses do not include Depreciation Commitments include purchase orders & estimated salary expenses for the remainder of the fiscal year. 1

3 STOCKTON UNIVERSITY Operational Budget Status Report Auxiliaries, Independent Operations & Agency Period Ending May 31, 2018 Auxiliaries Original Revised Year to Date % REVENUE Budget Budget Revenues Realized Housing Rental Income $ 25,929, $ 25,929, $ 26,317, % Housing Revenue $ 25,929, $ 25,929, $ 26,317, % Total Available funds $ 25,929, $ 25,929, $ 26,317, % Organizational Title Original Revised Year to Date Year to Date % EXPENSES Budget Budget Expenses Commitments Realized Housing $ 25,929, $ 25,930, $ 16,625, $ 792, % TOTAL EXPENSES $ 25,929, $ 25,930, $ 16,625, $ 792, % Independent Operations Original Revised Year to Date % REVENUE Budget Budget Revenues Realized Seaview HTMS $ 20,000, $ 20,000, $ 11,672, % TOTAL REVENUE $ 20,000, $ 20,000, $ 11,672, % Organizational Title Original Revised Year to Date Year to Date % EXPENSES Budget Expenses Commitments Realized Seaview HTMS $ 20,000, $ 20,000, $ 11,419, $ - 57% TOTAL EXPENSES $ 20,000, $ 20,000, $ 11,419, $ - 57% Year to Date expenses do not include Depreciation or Internal Capital Projects Commitments include purchase orders & estimated salary expenses for the remainder of the fiscal year. Agency Budget Original Revised Year to Date % REVENUE Budget Budget Revenues Realized Health Activity Program $ 1,598, $ 1,598, $ 1,658, % Student Activity Program 1,127, ,143, ,177, % TOTAL REVENUE $ 2,725, $ 2,741, $ 2,835, % Fund Balance 245, , Total Available funds $ 2,970, $ 2,987, $ 2,835, % Organizational Title Original Revised Year to Date Year to Date % EXPENSES Budget Expenses Commitments Realized Health Activity Program $ 1,843, $ 1,843, $ 1,340, $ 304, % Student Activity Program 1,127, ,147, ,063, , % TOTAL EXPENSES $ 2,970, $ 2,990, $ 2,404, $ 360, % Year to Date expenses do not include Depreciation Commitments include purchase orders & estimated salary expenses for the remainder of the fiscal year. 2

4 Internal Capital Summary Carryforward Budget Budget Expenses Encumbrances Available Budget Internal Capital Projects-University $ 5,057,017 $ 7,794,661 $ 6,770,153 $ 3,455,595 $ 2,625,930 Internal Capital Projects-Housing 883,518 1,458,332 1,329, , ,284 Internal Capital Projects-Seaview (399,734) 2,738,613 1,425, ,984 Other Capital Projects 21,788,966 2,993,908 11,142,949 2,311,483 11,328,442 Total $ 27,329,767 $ 14,985,514 $ 20,668,290 $ 6,361,350 $ 15,285,640 Bond Funded Projects State Grant Projects - 23,237,393 21,839, ,918 1,113,991 State Grant Projects- University Match - 9,741,575 9,101, , ,574 Total $ - $ 32,978,968 $ 30,940,867 $ 384,537 $ 1,653,565 Total of all Capital Projects $ 27,329,767 $ 47,964,482 $ 51,609,157 $ 6,745,887 $ 16,939,205 3

5 FY17 Fund Description Carryforward Budget Expenses Encumbrances Available Budget University Capital Projects Facilities/Plant Internal Capital Projects Summary Motor Pool Needs $ - $ 400,000 $ 359,416 $ 40,584 $ - Software for Bldg Mgmt System 125,000 (112,135) 12,865 - (0) Building 31-Hot Water Boilers 184, ,550 25, ,247 20,000 Building 32-3 Cooling Towers&Cntrls 6, , ,645 73,905 15,000 Replace Lift Station 2-325,000 26,498 16, ,950 ATES Well Redevelopment Flooring/Furniture Upgrds/Replcmnts 2, , ,040 6,407 5,511 Electrical/Mechanical Upgrds/Rplcmn 16, , ,714 26,660 6,675 Grounds Equip & Material Hndlng Nds - 92,000 55,837 36,163 - HVAC system renov-presidents Suite 69,500 6,025 1,025 74,500 - Science Building-College Fund 1,100,000 (100,000) 235, , ,004 Stairwell/Elevator Replacement 14,813 (11,218) 3, C,H,J & Plant/FP Roof Rplcmnt 130,688 (130,688) Police Building #71 Reno/Expansion 3,201 4,832 8, College Signage 798, , ,817 82,339 8,513 Parking & Sidewalk (Lot 6 & 5 Exp) 442,826 2,622,403 1,491, , ,825 Nacote Creek 808,274 (808,274) Manahawkin FIt-Out Suite ,000 9, ,265 - (0) Building 70 HVAC Upgrade - 8,600 8, Health Science Ctr 3rd Floor Renova - 1,500, , ,130 38,016 Bldg 71 Gutter Reno - 20,000 20, Restroom Accessibility Improvements 675,167 (90,761) 518,697 18,980 46,730 AC Gateway Admin Bldg 97,779 (25,867) 67,887-4,025 USC2 Equipment - 787, ,040 7, ,247 Health Science Equipment -will exhaust by year-end - 398,613 69,063 27, ,912 CLOSED PROJECT-Parking Lot Zero 45,468 (44,468) 1, CLOSED PROJECT-I & L Wing Ramp/Terrace Proj (ADA) 323,672 (323,672) CLOSED PROJECT-Parking Lot at Pomona Rd/Comm Lrng 1,251 (229) 1, Student Life Maintenance Chain Link Fencing around Track - 70,571 70, Flooring/Furn Upgrades/Replacement - 48,000 38,375 5,368 4,257 MPRC floor replacement-sports Cntr SL Grounds Equip & Maint Hndlng - 70,000 70, SL Sprng/Summ Grnd/Fld Maint/Refurb 4,153 70,000 56,091 17, Big Blue Underground Water line rep - 241,238 2, ,318 Information Technology Services Academic Facilities Equip Replcmnt 1, , , ,436 16,863 Enterprise Datacenter Server Rplcmt - 60,000 59, Upgrade Mail Server Wireless Access Point Exp/Upgrade - 250, , Network Equipment Replacement 6, , ,073-15,157 I-Wing Gym AV Upgrade - 10, ,000 Telephone Switch Upgrade - 75,000 4,460 70,540 - Business Intell Reporting Tool - 116,058 80,443 26,913 8,702 Firewall IDS - 200,015 48, , Productions Renovations - 40,000 38, ,066 West Quad Audio/Video Upgrade - 110, , Network Router - 83,926 83,926 - (0) Sports Center AV Upgrade - 280, ,105 42,988 62,907 Total - University Projects $ 5,057,017 $ 7,794,661 $ 6,770,153 $ 3,455,595 $ 2,625,930 4

6 Internal Capital Projects Summary FY17 Fund Description Carryforward Budget Expenses Encumbrances Available Budget Housing Capital Projects Housing Maintenance Hsg 2/3 Lock System Upgrade $ 11,350 $ - $ 11,350 $ - $ 0 Hsg Summer Refurb, Paint, Maint. 2, ,000 64,171 70,647 6,604 Hsg Flooring/Furn Upgrades/Replcmnt 4, , ,310 13,860 6,107 Housing 4 HVAC Renovation 865,468 36, , Hsg 3 Boilers (6) Replacements - 11,290 11, Hsg 1 Resurface Concrete Stairwell - 28,800 28, Hsg 1 Replace Gas Water Heaters - 20,000 20, TRLC Meeting Room-Replace HVAC - 85, ,000 Housing 1 Tub fitter replacement - 625,000 37, ,765 77,750 HSG 1 ROOF C,D&F - 242, ,823 CLOSED PROJECT -Hsg 3 Lavatory Sink Replacements Total - Housing Projects $ 883,518 $ 1,458,332 $ 1,329,293 $ 594,272 $ 418,284 Stockton Seaview Capital Projects Seaview Contingency $ - $ 765,192 $ - $ - $ 765,192 Agilysis POS System - 4,960 4, Seaview Window & Stucco Renovation (399,734) 1,750,000 1,203, ,335 Golf Projects 33,939 33, Seaview Miscellaneous Repairs 55,736 55, Golf Maintenance 23,450 21,993-1,457 Kitchen Equipment 16,055 16,055 - (0) Snow Removal Equipment 2,948 2, Banquet Equipment 5,097 5, Student Residences - Phase IV 11,540 11, ADA Review 7,500 7, Kitchen Hot Boxes 14,816 14, Beverge Carts for Seaview 26,770 26, Seaview Ice Machines R&R 20,608 20, Total - Seaview Projects $ (399,734) $ 2,738,613 $ 1,425,896 $ - $ 912,984 Grand Total $ 5,540,801 $ 11,991,606 $ 9,525,342 $ 4,049,868 $ 3,957,198 5

7 Other Capital Projects FY17 Fund Description Carryforward Budget Expenses Encumbrances Available Budget Funded by 2016A Total Unified Science Bldg (cadaver lab) $ 4,000,000 $ - $ 3,528,299 $ 471,701 $ - Unified Science Building Expansion 5,504,034 98,558 4,783, ,611 82,814 Additional Classroom 944,720 31, , , ,941 Back Fill 2016A - 1,115, ,115,908 B & C Wing Classroom Back Fill - 348,000 16,163 81, , A Total $ 10,448,754 $ 1,593,908 $ 8,744,564 $ 1,639,424 $ 1,658,674 AC Academic Info Tech $ - $ 740,000 $ 40,304 $ 298,877 $ 400,820 AC HSG & Garage Info Tech - 615,000 89, , ,524 Total-AC Info Tech Total $ - $ 1,355,000 $ 129,597 $ 672,059 $ 553,344 Funded by Sale of Showboat AC Academic Building $ 11,340,212 $ - $ 2,268,787 $ - $ 9,071,425 Foundation donor has pledged $22,500 for 10 years Ullman Family Holocaust Room-Fdntn $ - $ 45,000 $ - $ - $ 45,000 Total of Other Capital Projects $ 21,788,966 $ 2,993,908 $ 11,142,949 $ 2,311,483 $ 11,328,442 6

8 Bond Projects Summary Original Project Budget Budget Expenses Encumbrances Available Budget HETI-Education Technology Infrastructure $ 775,000 $ - $ - $ - $ - ELF-Education Technology Project 1,195, ELF-Science Equipment Grant 6,400, ,110 54,861-72,249 GO-Science Building Addition 21,465,000 5,069,922 5,050,164 19,758 0 GO-Additional Classroom Building 13,522,950 5,979,552 5,740, ,605 12,563 CIF-Carnegie Chiller Replacement 300, CIF-Utility Plant Infrastructure 3,100, , ,071 37, ,222 CIF-Modernization HVAC Equipment 3,000, CIF-A&S Reno-Exterior Repair 2,100, , ,025-13,913 CIF-A&S Reno-Modern of Utilities 2,100, , ,758-2,250 CIF Academic AC 14,667,400 10,240,013 9,645, ,794 Total $ 68,625,350 $ 23,237,393 $ 21,839,484 $ 283,918 $ 1,113,991 Project -University Match HETI-Education Technology Match $ 775,000 $ - $ - $ - $ - ELF-Education Technology Match ELF-Science Equipment Match - 42,370 18,287-24,083 GO-Science Building Addition Match 7,155,000 1,689,974 1,683,388 6,586 (0) GO-Additional Classroom Building Match 4,507,650 1,993,184 1,913,462 75,535 4,188 CIF-Carnegie Chiller Replacement Match CIF-Utility Plant Infrastructure Match - 333, ,378 18, ,990 CIF-Modernization HVAC Equipment Match CIF-A&S Exterior Repair Match - 258, ,207-6,853 CIF-A&S Modern of Utilities Match - 304, ,776-1,108 CIF Academic AC MATCH 7,332,600 5,119,238 4,821, ,353 Total $ 19,770,250 $ 9,741,575 $ 9,101,383 $ 100,618 $ 539,574 Total Bond and Match $ 88,395,600 $ 32,978,968 $ 30,940,867 $ 384,537 $ 1,653,565 *Budget and Expenses as they appear in Banner Chart 1 (does not include reimbursements) 7