Stockton University FY 2019 Operational and Capital Report as of January 31, 2019

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1 Stockton University FY 2019 Operational and Capital Report

2 Stockton University FY 2019 Operational and Capital Report Table of Contents Page Operational Budget Summary: University, Auxiliaries, and Agency 1 Capital Projects Summary 2 Internal Capital Projects Summary 34 External Capital Projects and Other Funding Summary 5 Capital Grants Summary 6

3 STOCKTON UNIVERSITY Operational Budget Summary: University, Auxiliaries, and Agency Original Revised FY19 YeartoDate % REVENUE Budget Budget Revenues Realized University Revenue State Appropriation $ 18,391, $ 18,391, $ 10,728, % Central Appropriation ¹ 32,216, ,216, $ 15,312, % Undergraduate Tuition ² 73,749, ,299, ,299, % Graduate Tuition ² 9,939, ,565, ,565, % Educational & General Fee ² 30,909, ,806, ,806, % Facilities Fee ² 8,667, ,649, ,649, % Other Fees/Income 4,514, ,514, ,351, % Summer Gross Revenue 6,000, ,000, ,363, % Admin Cost Recovery ³ 823, , , % Subtotal University Revenue $ 185,210, $ 184,943, $ 155,386, % Housing Revenue ² $ 28,967, $ 28,967, $ 28,835, % Student Activity Revenue ² $ 1,216, $ 1,223, $ 1,133, % Health Activity Revenue ² $ 1,755, $ 1,679, $ 1,679, % Seaview Revenue $ $ $ 1,632, Fund Balance 4,410, ,588, % Total Available Funds $ 221,560, $ 218,402, $ 188,668, % Original Revised FY19 YeartoDate FY19 YeartoDate % EXPENSES Budget Budget Expenses Commitments Realized University Expenses President $ 4,691, $ 4,166, $ 1,991, $ 1,271, % Academic Affairs 68,511, ,931, ,507, ,789, % Student Affairs 5,202, ,234, ,653, ,420, % Enrollment Management 3,823, ,445, ,617, ,451, % Athletics 1,771, ,855, , , % Executive Vice President 6,060, ,466, ,095, ,945, % Administration & Finance 4,504, ,070, ,999, ,477, % Facilities and Operations 17,871, ,930, ,724, ,832, % Information Technology Svs 8,169, ,244, ,703, ,193, % Student Aid 17,071, ,071, ,611, % Institutional General ⁴ 5,409, ,250, ,038, ,451, % Student Life 11,348, ,348, ,093, ,722, % Recreational Program 1,292, ,292, , , % Fringe Benefits 33,583, ,836, ,219, % Salary/Operational Savings ⁵ (2,000,000.00) 0% Subtotal University Expenses $ 189,312, $ 186,146, $ 102,879, $ 45,410, % Housing Expenses $ 28,967, $ 28,967, $ 10,583, $ 3,652, % Student Activity Expenses $ 1,216, $ 1,223, $ 588, $ 150, % Health Activity Expenses $ 2,065, $ 2,065, $ 932, $ 640, % Seaview Expenses $ $ $ 1,568, Total Expenses $ 221,560, $ 218,402, $ 116,552, $ 49,853, % Notes: Yeartodate expenses do not include depreciation. Commitments include estimated salary expenses for the remainder of the fiscal year. 1 Central Appropriation is an estimated amount that the State pays for fringe benefits. The University reimburses the State on a quarterly basis for nonstate funded positions and auxiliaries enterprises. 2 The realized percentages represent the receipt of tuition and fee payments for the Spring 2019 semester. 3 The Admin. Cost Recovery was revised due to the salary and benefits recovery change. 4 The realized percentage is higher throughout the fiscal year, since the credit for the Adminstrative Charge is not applied until yearend. 5 This includes the budgeted salary and nonsalary estimated savings. 1

4 Internal, External, and Other Capital Projects Capital Projects Summary FY19 FY19 FY19 FY19 Carryforward Budget Expenses Encumbrances Available Budget Internal Capital Projects Galloway $ 3,457,867 $ 6,567,264 $ 3,143,162 $ 1,515,784 $ 5,366,185 Internal Capital Projects Atlantic City 450, , , ,039 External Projects & Other Funding Galloway 1,835, , , ,776 1,155,108 External Projects & Other Funding Atlantic City 3,045,493 4,031,518 (986,025) Total Internal, External, and Other Capital Projects $ 8,338,974 $ 7,333,602 $ 7,713,771 $ 2,274,498 $ 5,684,307 Capital Grants State Grant Projects $ $ 773,518 $ 213,642 $ 141,401 $ 418,475 State Grant Projects University Match 331,672 76,664 48, ,115 Total Capital Grants $ $ 1,105,190 $ 290,306 $ 190,294 $ 624,590 Total Capital Projects & Capital Grants $ 8,338,974 $ 8,438,792 $ 8,004,077 $ 2,464,792 $ 6,308,897 2

5 Internal Capital Projects Summary Fund Description FY18 Carryforward FY19 Budget FY19 Expenses FY19 Encumbrances FY19 Available Budget Facilities & Operations Galloway Science BuildingCollege Fund $ 328,304 $ $ 147,983 $ 75,281 $ 105,040 College Signage 14, ,000 34, ,191 AC Gateway Admin Bldg 1,849 1,849 Parking & Sidewalk (Lot 6 & 5 Exp) 751,727 69, , , ,141 Building 31Hot Water Boilers 97,174 64,239 12,935 20,000 Building 323 Cooling Towers&Cntrls ¹ 4,421 (5,992) 5,992 4,421 Replace Lift Station 1 296,020 5,300 8, ,950 Health Science Ctr 3rd Floor Renova 327, ,318 USC2 Equipment 539, , ,491 47, ,317 Health Science Equipment 229, ,812 29,447 Electrical Proj (Switchgear Maint) 487,382 39,800 91, ,482 Water Plant Upgrades/Restoration 650, ,000 Roof Replacement A&S, C/D, Gallery 1,800,000 11,800 7,298 1,780,902 Flooring/Furniture Upgrds/Replcmnts 3, ,471 76,190 28,473 54,200 Electrical/Mechanical Upgrds/Rplcmn 2, ,000 59,496 62,002 80,522 Grounds Equip & Material Hndlng Nds 75, ,500 71,067 Restroom Accessibility Improvements 67,860 3,755 14,225 49,880 HVAC system renovpresidents Suite Nacote Creek, Leach/Septic Tank Rep 9,500 9,500 Gas Tank Removal & Replacement 125, ,000 KWing Structural Plaza Study Mobile Emergency Generator 190,000 2, ,237 2,116 CMMS Work Order System KWing Access Ctrl/President's Area Bldg 70 HVAC Upgrades Design (A&E) 21,000 21,000 North Athletic Complex & Pomona Rd. Motor Pool Needs 350,000 99, , Student Life Maintenance Flooring/Furn Upgrades/Replacement $ $ $ $ $ MPRC floor replacementsports Cntr 150, ,827 SL Grounds Equip & Maint Hndlng 50,000 50,000 SL Sprng/Summ Grnd/Fld Maint/Refurb 13,737 70,000 33, ,088 Big Blue Underground Water line rep 44,482 23,184 21,298 St Life Floor/Furnit Upgrade/Replac 50,000 7,753 4,140 38,107 Housing Maintenance Galloway Housing 1 Tub Liner Replacement $ 76,704 $ $ 76,704 $ $ HSG 1 ROOF C,D&F 242, ,500 6,087 Housing 2 & 3 Access Cntrl Upgrade 250, ,000 Hsg Summer Refurb, Paint, Maint. 5, ,022 Hsg Flooring/Furn Upgrades/Replcmnt 4, ,000 58,353 9, ,666 TRLC Meeting RoomReplace HVAC 84,765 50, ,898 10,702 16,165 Housing Sumr Refurb, Paint, Maint 164,000 44,196 11, ,463 Housing 1 Reno Feasibility Study 100,000 25,085 9,840 65,075 1 ($5,992) expense is for accrued retainage for contracted services. Galloway 3

6 Internal Capital Projects Summary Fund Description FY18 Carryforward FY19 Budget FY19 Expenses FY19 Encumbrances FY19 Available Budget Information Technology Services Galloway Academic Facilities Equip Replcmnt $ 10,665 $ $ 10,665 $ $ Network Equipment Replacement 15,157 15,157 IWing Gym AV Upgrade 10,000 10,000 Telephone Switch Upgrade 70,540 70, Business Intell Reporting Tool 20,989 20,989 Firewall IDS 125, ,318 Sports Center AV Upgrade 70,128 4,417 65,711 Academic Facilities Equip Replace 420,000 52,371 33, ,409 Enterprise Datacenter Server Replac 60,000 60,000 Genetec Software Suite 175,000 73,173 88,871 12,956 CCTV Equipment 115,000 22,082 92,918 CCTV Camera Equipment Replacement 45,000 45,000 Seaview Miscellaneous Repairs $ $ $ 359,018 $ $ (359,018) Total Internal Capital Projects Galloway $ 3,457,867 $ 6,567,264 $ 3,143,162 $ 1,515,784 $ 5,366,185 Atlantic City Facilities & Operations Atlantic City AC Real Estate $ $ 150,000 $ 101,427 $ 3,073 $ 45,500 Vehicle Needs (Security & Maint.) 99,244 98, Grounds Equip & Material Handling 85,000 56,723 28,277 Academic Sumr Refurb, Paint, Maint 1,000 1,000 Housing Maintenance Atlantic City Housing Sumr Refurb, Paint, Maint. $ $ 5,000 $ 5,000 $ $ Grounds Equip. & Material Handling 35,000 35,000 Athletic Equip & Facility Flooring Information Technology Services Atlantic City Yr 1 IT Cap Costs IT/AV Infrastruct $ $ $ $ $ Campus Police Atlantic City Patrol/Security Transportation $ $ 25,000 $ $ $ 25,000 Automated External Defibrillators 2,400 2,400 Radio Console & Portables 25,958 25,958 Technology Hardware & Software Logging Recorder System 16,325 16,325 Safety/Security Firearms 5,200 5,200 Total Internal Capital Projects Atlantic City $ $ 450,127 $ 199,150 $ 101,938 $ 149,039 Total Internal Capital Projects $ 3,457,867 $ 7,017,391 $ 3,342,312 $ 1,617,722 $ 5,515,224 4

7 Fund Description External Capital Projects and Other Funding Summary FY18 Carryforward FY19 Budget FY19 Expenses FY19 Encumbrances FY19 Available Budget External Capital Projects Funded by 2016A Anatomy & Physiology Lab $ 166,136 $ $ 145,622 $ 20,514 $ Unified Science Building Expansion ¹ 34,956 (409,522) 221, ,390 Additional Classroom 438,136 34,955 45, ,471 43,710 Back Fill 2016A 572, ,159 Backfill 614,183 3, ,931 4,703 77,549 Total 2016A Funding $ 1,790,614 $ 72,911 $ 316,941 $ 629,776 $ 916,808 Ullman Family Holocaust Room Fdntn $ 45,000 $ 243,300 $ 23,000 $ 27,000 $ 238,300 Other Funding Galloway Total External Capital Projects $ 1,835,614 $ 316,211 $ 339,941 $ 656,776 $ 1,155,108 Atlantic City AC Information Technology AC Academic Info Tech $ 482,919 $ $ 290,303 $ $ 192,616 AC HSG & Garage Info Tech 166,646 93,642 73,004 Total AC Information Technology $ 649,565 $ $ 383,945 $ $ 265,620 AC Academic Building $ 2,395,928 $ $ 3,647,573 $ $ (1,251,645) Total Other Funding $ 3,045,493 $ $ 4,031,518 $ $ (986,025) Total External Projects & Other Funding $ 4,881,107 $ 316,211 $ 4,371,459 $ 656,776 $ 169,083 1 ($409,522) expense is for accrued retainage for contracted services. 5

8 Capital Grants Summary Original FY19 FY19 FY19 FY19 State Grants Projects Budget Budget Expenses Encumbrances Available Budget HETIEducation Technology Infrastructure $ 775,000 $ $ $ $ ELFEducation Technology Project 1,195,000 ELFScience Equipment Grant 6,400,000 32,071 8,017 24,054 GOScience Building Addition 21,465,000 20,246 19, GOAdditional Classroom Building 13,522, , , ,808 CIFCarnegie Chiller Replacement 300,000 CIFUtility Plant Infrastructure 3,100, ,407 18,881 11, ,471 CIFModernization HVAC Equipment 3,000,000 CIFA&S RenoExterior Repair 2,100,000 CIFA&S RenoModern of Utilities 2,100,000 15,360 15,360 CIF Academic AC 14,667,400 Total State Grant Projects $ 68,625,350 $ 773,518 $ 213,642 $ 141,401 $ 418,475 State Grant Projects University Match HETIEducation Technology Match $ 775,000 $ $ $ $ ELFEducation Technology Match ELFScience Equipment Match 10,690 2,672 8,018 GOScience Building Addition Match 7,155,000 6,749 6, GOAdditional Classroom Building Match 4,507,650 85,811 50,542 35,269 CIFCarnegie Chiller Replacement Match CIFUtility Plant Infrastructure Match 220,857 9,299 5, ,113 CIFModernization HVAC Equipment Match CIFA&S Exterior Repair Match CIFA&S Modern of Utilities Match 7,565 7,565 CIF Academic AC MATCH 7,332,600 Total State Grant Projects University Match $ 19,770,250 $ 331,672 $ 76,664 $ 48,893 $ 206,115 Total Capital Grants and Match $ 88,395,600 $ 1,105,190 $ 290,306 $ 190,294 $ 624,590 *Budget and Expenses as they appear in Banner Chart 1 (does not include reimbursements). 6