75% 65% 55% 45% 35% State Appropriation as % of Total Revenue. Tuition and Fees as % of Total Revenue 25% 15%

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3 75% 65% 55% 45% 35% 25% State Appropriation as % of Total Revenue Tuition and Fees as % of Total Revenue 15%

4 $40,500,000 $38,500,000 39,709,262 38,990,835 39,573,393 $36,500,000 37,797,627 36,962,461 $34,500,000 $32,500,000 $30,500,000 34,435,751 33,965,716 30,549,281 30,872,019 $28,500,000 State Appropriation (including Performance Funding) State Appropriation & Federal Stimulus Funds 30,277,192 $26,500,000

5 8% 7% 6% Average Tuition Increase: 3.72% 5% 4% 3% 2% 1% 0%

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7 As of 4/30/13 6/19/13 Cabinet decisions 7/23/13 Cabinet Meeting FINAL I. SOURCE OF FUNDS ORIGINAL ORIGINAL ORIGINAL ORIGINAL ACTUAL ACTUAL BUDGET BUDGET BUDGET BUDGET Prior Year Carryover 7,187,229 7,205,094 1,586,432 3,424,377 3,424,377 3,589,215 State Appropriation 30,549,281 30,277,192 30,277,192 30,277,192 30,271,294 30,872,019 University Revenue - Tuition, Fees, Miscellaneous 78,201,177 76,632,551 74,794,365 74,794,365 76,487,654 76,794,654 TOTAL SOURCE OF FUNDS 115,937, ,114, ,657, ,495, ,183, ,255,888 II. USE OF FUNDS Personnel Compensation 76,124,350 80,838,433 87,303,302 85,365,594 85,400,751 83,521,034 Services, Supplies, & Other Exp 20,722,953 23,072,633 21,302,430 21,302,430 21,284,401 20,448,304 Capital Expenditures 1,713,182 1,386, , , , ,596 Transfers To & From Plant & Endowment 10,661,471 6,559,060 5,651,300 5,151,300 5,151,300 5,791,535 Reserve for Future Commitments 6,641,354 2,258,492 1,143,483 1,136,174 1,136,174 1,133,988 TOTAL USE OF FUNDS 115,863, ,114, ,824, ,379, ,396, ,187,457 TOTAL EXCESS/(SHORTFALL) 74,378 - (9,166,547) (4,883,585) (3,213,322) 68,431

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9 Explanation of Personnel Increase for Budget Original Budget Draft Budget Breakdown of Salary & Wages Variance Comments Salaries & Wages 52,967,557 55,043,761 2,076,204 APSCUF 1,272,656 Per Bargaining unit templates provided by PASSHE AFSCME 334,279 Per Bargaining unit templates provided by PASSHE Nurses 9,321 Per Bargaining unit templates provided by PASSHE Coaches 53,734 Per Bargaining unit templates provided by PASSHE SCUPA 53,524 Per Bargaining unit templates provided by PASSHE Physician 5,619 Per Bargaining unit templates provided by PASSHE Police 14,876 Per Bargaining unit templates provided by PASSHE Management 599,506 Per BOG approval Other personnel adjustments (267,311) Total impact of pay increases 2,076,204 Faculty Other Pay 5,394,834 5,919, ,573 Other Pay 1,257,944 1,111,453 (146,491) Student Wages 2,188,157 2,116,856 (71,301) Personnel Transfers (5,805,723) (5,276,685) 529,038 Retirement 5,645,181 7,179,987 1,534,806 SERS increase from 10.51% to 15.22% and PSERS from 6.18% to 8.46% coupled with pay increases Other Benefits 18,292,021 19,883,456 1,591,435 Employee Tuition Waivers 1,602,544 1,740, ,592 TOTAL 81,542,515 87,718,371 6,175,856

10 Budget Reductions through Increased Tuition from Enrollment Management Decisions Reduction of Worker's Compensation Expenditures University Marketing Initiatives/Gift usage 250,000 Operating Budget Reductions 1,125, , ,727 Student Employment Reductions 152,910 Salary and Benefit Savings 635,021 10% Reduction in Certain Base Budgets 165,781 Use of Performance Funding Program Initiatives Line Item 651,488 Reduction in Equipment/Furniture/Repair & Renovation Budget 1,518, ,136 Reduction of 10 TPTF Positions 628,100 Selective Freeze/Elimination of Administrative Positions 2,404,953 1,467,516 1,638,609 5,237,185 Reductions in Course Offerings/Delayed Hiring of Tenured Track Positions 440,743 1,030,127 Reclass of Full-Time Administrative Support Positions to Half-Time 62,408 Utilize Tech Fee to underwrite instructional technology services 1,080,532 Use of Contingency Reserve and fund balance to fund operating and personnel expenses 2,002,783 TOTAL REDUCTIONS 4,249,166 3,473,796 3,755,799 1,638,609 8,510,831

11 Impact of SERS Required Rate Increases to $3,500,000 $3,069,027 $3,000,000 $2,500,000 $2,265, $2,000, $1,500,000 $1,000,000 $673,134 $956,838 $1,495, $500,000 $0

12 Millersville University Unrestricted Net Assets As of 06/30/12 As of 06/30/13 $ of Total Unrestricted Net Assets % of Total Unrestricted Net Assets $ of Total Unrestricted Net Assets % of Total Unrestricted Net Assets Grand Total $ 24,821, % $ 19,176, % President's Area $ 371, % $ 270, % Academic Affairs $ 6,908, % $ 5,347, % Student Affairs $ 802, % $ 518, % Finance & Administration $ 1,865, % $ 1,617, % University Advancement $ 1,372, % $ 466, % Information Resources $ 1,239, % $ 813, % University Wide $ 9,177, % $ 7,159, % Plant Fund $ 2,692, % $ 2,439, % University Emergency Loan Funds $ - 0.0% $ 104, % Quasi Endowment Reserves $ 391, % $ 439, %

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14 Structural Budget Issues for as a result of decisions made for Use of one-time funds to balance budget Contingency Fund 1,500,000 Suspension of Repair and Renovation budget 500,000 Suspension of Base Equipment Budget 336,136 Gift funds - Byerly (Obligation has been met) 250,000 Vice Presidential Areas use of one-time funds/temporary freezing of positions Academic Affairs return of TPTF revenue sharing 350,000 Academic Affairs savings target 500,000 University Advancement savings target 110,446 Student Affairs savings target (plus additional savings over target) 176,885 2,586,136 1,137,331 On-going funding for Black and Gold Awards 250,000 Structural Deficit 3,973,467

15 Structural Budget Issues for as a result of salary and benefits challenges Structural Deficit 3,973,467 Positions frozen to balance budget: positions were frozen or paid for using carryforward 2,151, positions frozen which remained frozen 1,181,718 Estimated impact of contract settlements for APSCUF 1,287,989 AFSCME 599,016 COACHES 60,701 NURSES 16,041 SCUPA 55,876 POLICE 20,759 PHYSICIAN 3,794 MANAGEMENT 366,548 3,333,148 2,410,724 Structural Deficit (including frozen positions) 9,717,339

16 Positions Frozen to Balance Budget # of # of Positions Positions Frozen Frozen AFSCME COACHES 1 SCUPA 2 1 MANAGEMENT Estimated Impact of Contract Settlements # of Positions APSCUF 1,287, AFSCME 599, COACHES 60, NURSES 16,041 8 SCUPA 55, POLICE 20, PHYSICIAN 3,794 1 MANAGEMENT 366, ,410,724

17 What About Tuition and Fees? Tuition MU Student Enrollment In State Out of State Current 95% 5% If changed 90% 10% Fees COT Fees BOG Fees 1% Growth = $ 575,000 plus Over Five Years = $ 2,875,000 plus Room and Board General Fee Meal Plan Amount Technology Fee Academic Support Fee - based on In-State Tuition

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