Board Budget Workshop III
|
|
- Hannah Paul
- 6 years ago
- Views:
Transcription
1 Board Budget Workshop III AUGUST 10,
2 2 Agenda Visioning Process Components of the Budget Proposed Operating Budget Considerations Questions - Comments - Discussion
3 3 Visioning Process
4 Visioning Process To date there have been 25 sessions with over 450 participants College-wide Planning Feasibility with VAI/Ayers Saint Gross (ASG) Planning Budget Item 4
5 5 College-Wide Principles 01 Library become Learning Commons 05 Optimizing Scheduling & Utilization 02 Streamline Student Onboarding 06 Campus Character & Quality - Branding 03 Student Success Resources 07 Transform Workspace Environments 04 Classrooms become Integrated Instructional/ Learning Environments 08 High Schools
6 6 College Goals One College Identity/ Focus Student Ready College Serving the Community
7 7 Components of the Budget
8 8 Revenue State Appropriations Tuition Property Taxes
9 Funding History Total Budgeted Operation & Maintenance Income $350.0 $328.8 $224.6 $246.7 $261.7 $275.6 $286.3 $299.6 $309.1 $300.0 $250.0 $197.4 $120.0 $138.0 $151.3 $160.2 $171.3 $181.5 $189.4 $210.0 $200.0 $182.1 $165.6 $150.0 $79.0 $93.0 $99.5 $100.0 $41.1 $43.7 $48.3 $54.9 $57.0 $58.6 $61.0 $60.6 $61.8 $63.4 $63.4 $50.0 $45.4 $45.4 $49.7 $49.7 $51.8 $51.8 $54.4 $54.4 $56.3 $56.3 $55.3 $ Total State Appropriations Tuition & Fees Other Operation & Maint. Income 30% 27% 25% 25% 20% 22% 21% 20% 20% 19% 19% 18% 17% 10% 0% State Appropriations as % of Budgeted Operation & Maint. Income 9
10 10 Tuition - No Change $ 59 $ 106 $ 255 $ 255 In-District Out-of- District Out-of- State Non- Resident Resident Status
11 11 Proposal- Tax Rate Tax Rate Maintenance & Operation Increase (Decrease) ( )
12 12 Tax Rate Maintenance Fund ( Adopted) Effective Tax Rate Rollback Tax Rate Rate Revenue $23,187,526 $21,198,284 $33,837,485
13 Tarrant County College District HISTORICAL AD-VALOREM TAX RATES Fiscal Year Adopted Maintenance Fund Adopted Debt Service Adopted Total Effective Tax Rate Rollback Tax Rate Tax Revenue($M) Total
14 Proposed Operating Budget
15 15 Proposed Estimated Revenue Summary Revenue Proposed Increase (Decrease) State Appropriation 56,290,151 55,345,475 (944,676) Maintenance Tax 180,941, ,139,514 21,198,284 Credit Hour-Tuition 59,400,000 59,400,000 0 Community & Industry Education-Tuition Funded 2,600,000 2,600,000 0 Community & Industry Education-Tuition Non-Funded 1,400,000 1,400,000 0 Interest Income 2,436,000 1,250,000 (1,186,000) Other Income 1,000,000 1,650, ,000 Designated Reserve 5,000,000 5,000,000 0 Total Educational & General Income $309,067,381 $328,784,989 $19,717,608 Tax Revenue: Renewal & Replacements ,309,920 27,309,920 0 Total Educational Gen & CIP Income $336,377,301 $356,094,909 $19,717,608 Tax Revenue - Building Fund- 70 7,000,000 0 (7,000,000) Total Income $343,377,301 $356,094,909 $12,717,608
16 16 Proposed Estimated Increased Expenditures Summary % Salary Increase 4,719,000 Faculty 984,000 Staff 2,046,916 Operating 3,640,501 Faculty Promotion in Rank 31,200 Benefits 2,153,853 Community & State WorkStudy 107,640 Facility Leases 85,000 Election (100,000) Utilities (400,000) Strategic Priorities 6,449,498 Total Expenditures $19,717,608 Total Income $19,717,608
17 17 Proposal- Salary Increase 2.75% Salary Increase for all Employees
18 Salary Increase Comparison TACCBO Annual Conference - CFO Survey College Salary Increase Tuition Increase Tax Valuation Tax Rate Increase Dallas 3% 0% Up 7% Same M&O Lone Star 2% 0% Up 5% 0% Houston 2 to 3% 0% 3.20% + / - 1/2% (BOD) Alamo 3%* 0% Up 0% Tarrant 2 to 3% 0% Up Not Decided Austin 3% 0% Up 9% 0% San Jacinto 2% ** Up 0% Collin 4% 5% Up 0% *Average ** Out of district in
19 19 Salary Increases Preliminary/Proposed Salary Increases Tarrant County School Districts & Governmental Employers % 2.25% 2.50% To Be Determined To Be Determined 2-3% To Be Determined 3% 2%
20 20 Additional Benefit Consideration Employee Classification Total # Employees Currently Utilizing Benefit Additional Cost (from $150 to $200) Non-Exempt ,800 Exempt ,200 Total 1,120 $672,000 Increase in Benefit Contribution $150 $200
21 New request - CELT Requests Summary Budget Requests Summary Executive Vice Chancellor and Provost Totals FTE Executive Director of TCC Foundation Totals FTE 1. Operating $ 1,042, Operating $ 9, Non-Faculty $ 1,659, Non-Faculty 3. Faculty $ 984, Total $ 9, Total $ 3,686, VC for Real Estate and Facilities Totals FTE VC for Information Technology Totals FTE 1. Operating $ 439, Operating $ 1,866, Non-Faculty 2. Non-Faculty $ 260, Total $ 439, Total $ 2,126, VC for Administration and General Counsel Totals FTE VC for Communications and External Affairs Totals FTE 1. Operating $ 228, Operating $ 27, Non-Faculty 2. Non-Faculty $ 127, Total $ 228, Total $ 155, VC for Finance Totals FTE 1. Operating $ 11,500 District-Wide District Total FTE 2. Non-Faculty $ Operating $ 3,640,501 Total $ 11, Non-Faculty $ 2,046, Chancellor Totals FTE 3. Faculty $ 984, Operating $ 15,000 Total $ 15,000 District Total* $6,671,
22 22 Executive Vice Chancellor & Provost Personnel/Operating $984, Faculty Multiple Disciplines Supporting Principles Principle 1 Libraries becoming Learning Commons $1,659, Staff Transition from Grants to Full-Time Employment, Librarians, & Advisors $1,042,697 Increase in Operating Dollars Principle 3 Principle 4 Principle 8 Student Success Resources Classrooms becoming Integrated Instructional/Learning Environments Early College High Schools / Dual Credit
23 23 VC for Information Technology Personnel $260,000 4 Non-Faculty Establishing a project management office to support the entire district Supporting the execution of initiatives stemming from all 8 Principles Operating $1,866,030 ~50% of funds for district software maintenance increases ~50% to support security, academics, & student service needs Supporting day-to-day operations & the execution of initiatives stemming from all 8 Principles
24 24 Additional Requests VC Real Estate and Facilities $439,620 Custodial contract increase, maintenance & equipment increase Principle 6: Campus Character & Quality - Branding VC Administration & General Counsel $228,454 Insurance premiums & training to support Principle 4: Classrooms become Integrated Instructional/Learning Environment
25 25 Additional Requests VC Communications & External Affairs $127,597 2 Non-Faculty: Graphics and Marketing $27,800 Increase operating to support: Principle 6: Campus Character & Quality Branding VC Finance & Executive Director of TCC Foundation $20,900 Increase in operating Principle 3: Student Success Resources
26 Building and Renewal & Replacements Projects 26
27 Renewal & Replacement Fund 40 Project Description New Requests TRWF TABS 5,600,000 Feasibility/Planning District Wide 1,510,000 Design Only District Wide 1,040,000 Mechanical Electrical Plumbing Infrastructure 8,325,000 Furniture, Program Support, Roofing 3,551,000 South Campus Police Station 1,100,000 Other Projects 6,183,920 Totals FY17-18 Budget $27,309,920 27
28 Renewal & Replacement Fund 40 Ongoing Projects Project Description Amounts Energy Conservation 1,438,363 Furniture 308,305 Student Sticky Space 2,540,000 Mechanical Electrical Plumbing Infrastructure 7,895,364 Space Renovation 3,638,788 Safety Security 1,710,960 Other Projects (Contingency and Misc. Support) 996,696 $18,528,476
29 29 Building Projects (Fund 70) Building Fund NW Campus - Fire Truck Bldg. 750,000 NW New Building Planning 100,000 NW Alliance Hanger Planning 500,000 SE New Building Planning 750,000 Totals FY17-18 Budget $2,100,000 *To be funded by fund balance- Fund 70
30 Community College Comparison - Expenses Salaries Benefits Operations Total Education Expense Contact Hours Dallas 248,681,430 59,872, ,331, ,885,593 30,148,870 Lone Star 206,687,147 50,855, ,260, ,803,548 26,024,418 Houston 189,861,854 37,416, ,035, ,313,874 23,860,716 Alamo 171,013,964 51,928, ,795, ,737,542 20,151,719 Tarrant 169,877,079 51,029, ,845, ,751,998 18,700,696 Austin 179,075,835 39,400,822 70,693, ,170,201 14,515,997 South Texas 81,987,021 24,225,514 52,395, ,607,852 13,518,353 San Jacinto 99,130,684 26,425,574 71,231, ,787,625 12,532,876 Collin 83,769,847 17,415,870 43,879, ,064,941 11,605,690 El Paso** 85,053,751 21,415,037 53,693, ,161,892 10,388,913 TCC RANKING 6 th 3 rd 4 th 5 th 5 th *Highlighted Lines Indicates Districts Provide Social Security 30
31 31 Fund Balance Fund 10 Balances (in millions) $200,000,000 $150,000,000 $ M $ M $16.5 $ M $ M $13.9 $ M $22.6 $ M $17.0 $100,000,000 $50,000,000 $86.18 M $27.1 $4.1 $82.1 $86.2 $113.3 $129.8 $143.7 $109.6 $132.2 Estimated $ $34.2 ($50,000,000) Beginning Fd Bal Net Incr (Decr) End Fd Bal
32 Considerations
33 Budget Proposed Budget Increase / (Decrease) INCOME OPERATION & MAINTENANCE State Appropriations $ 56,290,151 18% $ 55,345,475 17% $ (944,676) Maintenance Tax: Operation & Maintenance 180,941,230 59% 202,139,514 61% 21,198,284 Tuition & Fees 63,400,000 20% 63,400,000 19% - Interest Income 1,000,000 0% 1,650,000 1% 650,000 Other Income 2,436,000 1% 1,250,000 0% (1,186,000) Designated Reserve 5,000,000 2% 5,000,000 2% - TOTAL OPERATION & MAINTENANCE 309,067, % 328,784, % 19,717,608 Tax Revenue: Renewal & Replacements 27,309,920 27,309,920 - Tax Revenue: Building Projects 7,000,000 - (7,000,000) TOTAL INCOME $ 343,377,301 $ 356,094,909 $ 12,717,608 EXPENDITURES OPERATION & MAINTENANCE Instruction $ 122,505,561 40% $ 128,361,267 39% $ 5,855,706 Academic Support 19,342,312 6% 19,221,390 6% (120,922) Student Services 23,087,759 7% 24,829,314 7% 1,741,555 General Administration 35,660,726 12% 38,824,737 12% 3,164,011 General Institutional Expense 25,213,137 8% 26,744,673 8% 1,531,536 Staff Benefits 36,820,000 12% 38,973,853 12% 2,153,853 Contingency: Other Operational 17,743,655 6% 23,075,892 7% 5,332,237 Physical Plant Operation 28,694,231 9% 28,753,863 9% 59,632 TOTAL OPERATION & MAINTENANCE 309,067, % 328,784, % 19,717,608 Renewal & Replacements 27,309,920 27,309,920 - Building Projects 7,000,000 - (7,000,000) TOTAL EXPENDITURES $ 343,377,301 $ 356,094,909 $ 12,717,608 OPERATIONAL BUDGET BY TYPE OF EXPENDITURES: Salaries $ 184,512,424 60% $ 192,292,146 58% $ 7,779,722 Staff Benefits 36,820,000 12% 38,973,853 12% 2,153,853 Fixed Charges 10,676,376 3% 10,397,330 3% (279,046) Operating Expenses 77,058,581 25% 87,121,660 27% 10,063,079 TOTAL $ 309,067, % $ 328,784, % $ 19,717,608 33
34 34 Consideration- Salary Increase 2.75% Salary Increase Consideration
35 35 Additional Benefit Consideration Employee Classification Total # Employees Currently Utilizing Benefit Additional Cost (from $150 to $200) Non-Exempt ,800 Exempt ,200 Total 1,120 $672,000 Increase in Benefit Contribution $150 $200
36 36 Consideration- Tuition Tuition No Change $59 $106 $255 $255 Resident Status In-District Out-of- District Out-of- State Non- Resident
37 37 Consideration Tax Rate $ M&O Tax -0- Debt Service Total Tax Rate
38 38 Questions Comments Discussion
Budget Fort Worth, TX. Equal Opportunity/Equal Access Institution FINANCE:23297:7/16:JD
TARRANT Budget COUNTY COLLEGE 2016-2017 Fort Worth, TX FINANCE:23297:7/16:JD Equal Opportunity/Equal Access Institution TARRANT COUNTY COLLEGE DISTRICT 2016 2017 BUDGET BOARD OF TRUSTEES Louise Appleman
More informationPROPOSED BUDGET San Jacinto Community College District Budget Hearing August 4, 2014
PROPOSED BUDGET 2014-2015 San Jacinto Community College District Budget Hearing August 4, 2014 1 Highlights of the Proposed 2014 2015 Budget State Revenue Major Revenue Assumptions No change in rate FY15,
More informationTARRANT COUNTY COLLEGE BUDGET FORT WORTH, TX. Equal Opportunity/Equal Access Institution FINANCE:18832:7/15:JD
TARRANT COUNTY COLLEGE 2015-2016 BUDGET FORT WORTH, TX Equal Opportunity/Equal Access Institution FINANCE:18832:7/15:JD TARRANT COUNTY COLLEGE DISTRICT 2015 2016 BUDGET BOARD OF TRUSTEES Louise Appleman
More informationAGENDA FINANCE SUB-COMMITTEE MEETING OF THE BOARD OF TRUSTEES
AGENDA FINANCE SUB-COMMITTEE MEETING OF THE BOARD OF TRUSTEES Committee Members Trustee Neeta Sane, Chair Trustee Christopher W. Oliver Dr. Adriana Tamez Alternate Member Trustee Robert Glaser June 24,
More informationDallas County Community College District
Dallas County Community College District Interim Update to Multi-Year Financial Outlook and Plan FY 2012 2014 Focus on Compensation & Planned Maintenance of Facilities DCCCD Board Worksession March 6,
More informationUH-Clear Lake Budget
FY2016 Total Budget $ Millions Operating Budget $ 131.5 Capital Facilities 23.1 Total $ 154.6 Operating Budget Source of Funds Other Operating, $2.0M 2% Tuition & Fees $71.1M 54% Contracts & Grants *,
More informationBudget Reform Update. Paul Ellinger, Associate Chancellor & Vice Provost Budget and Resource Planning
Budget Reform Update Paul Ellinger, Associate Chancellor & Vice Provost Budget and Resource Planning February 2018 Outline Brief budget model overview Communication plan Principles Major components Timeline
More informationToday I will go over space modeling and its uses as well as present the conceptual differences between the space model we currently use and the space
Today I will go over space modeling and its uses as well as present the conceptual differences between the space model we currently use and the space planning guidelines as outlined by the CEFPI organization.
More informationUH-Downtown Budget. Other Operating, $4.8, 3% Contracts & Grants*, $38.7, 22% Endowment / Gifts, $2.9, 2% HEAF, $11.7, 6% Total $179.
FY2017 UH-Downtown Budget Operating Budget Source of Funds Other Operating, $4.8, 3% Operating Budget Use of Funds Total Budget $ Millions Operating Budget $ 179.1 Capital Facilities 6.0 Total $ 185.1
More informationCampus Budget & Funding Basics
Campus Budget & Funding Basics CALIFORNIA STATE UNIVERSITY, CHICO March 2018 Campus Budget & Funding Basics 2 What funding sources are available? How are funds allocated? Who do I call for help or additional
More informationCOLLEGE OF DUPAGE FY2015 Budget Summary
COLLEGE OF DUPAGE FY2015 Budget Summary May 22, 2014 Prepared by: Thomas J. Glaser, Senior Vice President Administration & Treasurer Lynn M. Sapyta, AVP Financial Affairs/Controller David P. Virgilio,
More informationDel Mar College Public Hearing 2019 Proposed Budget & Tax Rates
Del Mar College Public Hearing 2019 Proposed Budget & Tax Rates August 20, 2018 Raul Garcia,CPA, Vice President and Chief Financial Officer Dr. Cathy West, Director of Accounting and Budget Officer John
More informationAGENDA. 1. Certification of Posting of Notice of the Meeting Wright Lassiter
BOARD OF TRUSTEES PLANNING AND BUDGET COMMITTEE MEETING DALLAS COUNTY COMMUNITY COLLEGE DISTRICT AND RICHLAND COLLEGIATE HIGH SCHOOL District Office 1601 South Lamar Street Lower Level, Room 007 Dallas,
More informationDean s RCM Workshops January 2015
Dean s RCM Workshops January 2015 Agenda General overview of RCM Overview of the model and college budget composition Education s view of RCM Engineering s view of RCM Group Activity: Scenarios 2 General
More informationPROPOSED FY 2018 EDUCATIONAL & GENERAL BUDGETS
PROPOSED FY 2018 EDUCATIONAL & GENERAL BUDGETS Proposed to Board of Trustees Prepared by the Office of Finance and Administration June 2017 TABLE OF CONTENTS Page No. Bowling Green Campus Income & Expenditure
More informationAGENDA FOR SPECIAL CALLED MEETING of THE UNIVERSITY OF TEXAS SYSTEM BOARD OF REGENTS
AGENDA FOR SPECIAL CALLED MEETING of THE UNIVERSITY OF TEXAS SYSTEM BOARD OF REGENTS October 12, 2009 Austin, Texas A. CONVENE THE BOARD IN OPEN SESSION 9:00 a.m. Chairman Huffines Page 1. U. T. System
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: _11/20/18 Item Number Item Title Responsible Agents Budget
More informationPCC BUDGET FORUMS: FISCAL YEAR BUDGET OUTLOOK JANUARY 2018 PRESENTED BY: DR. DAVID BEA
PCC BUDGET FORUMS: FISCAL YEAR 2018-2019 BUDGET OUTLOOK JANUARY 2018 PRESENTED BY: DR. DAVID BEA BOARD APPROVED STRATEGIC PRIORITIES 2017-2021 College Strategic Plan Educational Master Plan (EMP) Facilities
More informationSection 1. Agency 704 2/7/2013. Public Community/Junior Colleges Summary of Recommendations - House. Page: III-186. Daniel Estrada, LBB Analyst
Section 1 Public Community/Junior Colleges Summary of Recommendations - House Page: III-186 Method of Financing 2012-13 Base 2014-15 Recommended Daniel Estrada, LBB Analyst Biennial Change % Change General
More informationSummary Operating Budgets Fiscal Year 2016
Summary Operating Budgets Fiscal Year 2016 Jim Brunjes Vice Chancellor and Chief Financial Officer August 6, 2015 Page 1 TTUS Merit Increase History Fiscal Year, Beginning TTUSA TTU ASU TTUHSC TTUHSC at
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: _1/22/19 Item Number Item Title Responsible Agents Budget
More informationDALLAS COUNTY COMMUNITY COLLEGE DISTRICT APPROVED BUDGET
DALLAS COUNTY COMMUNITY COLLEGE DISTRICT 2014-2015 APPROVED BUDGET DALLAS COUNTY COMMUNITY COLLEGE DISTRICT 2014-2015 APPROVED BUDGET TABLE OF CONTENTS PAGE Board of Trustees and District Administration...
More informationUniversity of Houston-Clear Lake Appendix A - Allocation of New FY 2014 Resources
Appendix A - Allocation of New FY 2014 Resources Revenue Changes A Reallocations/Reductions B Appropriations Bill 1 Reallocations $ (920,892) 1 General Revenue $ 1,310,875 2 Reductions (985,000) 2 State
More informationTEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER. Fiscal Year 2004 Operating Budget Summary
Fiscal Year 2004 Operating Budget Summary TABLE OF CONTENTS Educational and General Funds Budget Summary................................ 1 Higher Education Assistance Funds Allocation...................................
More informationFINANCIAL STATE OF THE COLLEGE
FINANCIAL STATE OF THE COLLEGE Presented by: Horace Chase Vice President for Financial & Administrative Affairs February 12, 2015 AGENDA Current Financial Position Allocation of Funds Renewal & Replacement
More informationReport to the Faculty Senate. Feb 9, 2018
Report to the Faculty Senate Feb 9, 2018 Nov 2017 PRELIMINARY GOALS set by the Compensation Committee 2 Survey market for Adjunct pay, and recommend appropriate % increase. Survey market for FT pay, and
More informationTHE FLORIDA INTERNATIONAL UNIVERSITY BOARD OF TRUSTEES December 5, 2018
Consent Agenda FF2 THE FLORIDA INTERNATIONAL UNIVERSITY BOARD OF TRUSTEES December 5, 2018 Subject: Approval of Carryforward Funds Proposed Board Action: Approve the Florida International University (FIU)
More informationBUDGET ALLOCATION PROCESS University Administrators Forum February 6, 2013
DIVISION OF BUSINESS AND FINANCE BUDGET ALLOCATION PROCESS University Administrators Forum February 6, 2013 North Carolina Agricultural and Technical State University Presentation Outline Budget Overview
More informationFY 2016 BUDGET RUTGERS NEWARK
RUTGERS SCHOOLS Office of Budget and Resource Studies January 29, 2016 Office of Budget and Resource Studies 33 Knightsbridge Road Piscataway, NJ 08854 budget.rutgers.edu p. 848-932-7472 f. 732-445-3579
More informationUniversity of Houston Student Leadership Forum Budget and Legislative Processes
University of Houston Student Leadership Forum Budget and Legislative Processes June 13, 2012 Overview of the Planning and Budget Process 2 Multiple Cycles January 2012 February 2012 March 2012 April 2012
More informationCal Poly San Luis Obispo Sources & Uses Budget - Summary Fiscal Year 2013/14
Sources & Uses Budget - Summary Changes to FY 2012/13 Base - FY 13/14 FY 2013/14 Sources State Tax Revenues 83,073,668 12,923,400 95,997,068 Campus Based Fees 143,994,000 10,334,000 154,328,000 Interest
More informationMulti-year Budget Planning Strategies and Implementation Under the Budget Reform Initiative
Multi-year Budget Planning Strategies and Implementation Under the Budget Reform Initiative OFFICE OF THE PROVOST Outline Motivation for multi-year planning Operational Excellence @ Illinois Budget reform
More informationTexas Cities Debt Summary
Texas Cities Debt Summary Quick Facts FY 2009 Number of Issuers 224 Number of Bond Issues 393 Total New Money Issued 5,012,273,054 Total Refunding Money Issued $3,211,729,106 Total Par Amount Issued $8,224,002,160
More informationFiscal Year 2019 Consolidated Operating Budget
Fiscal Year 2019 Consolidated Operating Budget Presented by: Paige Smith, UNTS, Associate Vice Chancellor for Budget & Planning August 9-10, 2018 Corrections made on 08.08.18 noted in orange. Page 1 of
More informationPresentation to the UH Faculty Senate. University of Houston FY 2016 Budget For current information see
Presentation to the UH Faculty Senate University of Houston FY 2016 Budget For current information see http://www.uh.edu/af/budget/index.htm 1 Contents Background and Process Slides 3-12 Budget Topic:
More informationPRBC Budget Update April 29, Willie J. Hagan Vice President for Administration and Finance/CFO
PRBC Budget Update April 29, 2011 Willie J. Hagan Vice President for Administration and Finance/CFO First, We Have To Lock All The Doors and Hide All The Children This will be Painful! Agenda Quick Reminder
More informationFY 2015 TTUS Combined Annual Financial Report
Review of the Unaudited FY 2015 TTUS Combined Annual Financial Report Jim Brunjes, Vice Chancellor and CFO Kim Turner, Chief Audit Officer May 19, 2016 Page 1 Combined Statement of Net Position as of August
More informationDeferred Outflows of Resources 18,955,012 TOTAL ASSETS $ 315,741,948
Balance Sheet As of April 30, 2017 MAINTENANCE FUND 10 ASSETS Current Assets Cash & Cash Equivalents: Cash $ 266,755,287 Petty Cash 21,600 Accounts Receivable 29,827,819 Other Current Assets 182,230 Total
More informationInformational Session for Fiscal Year Budget
Informational Session for Fiscal Year 2016-2017 Budget PRESENTED BY Angela M. Poole, CPA Acting Vice President for Finance and Administration Florida Agricultural and Mechanical University Budget and Finance
More informationPerformance Funding Metrics Model
A&T State University Board of Trustees Academic Affairs Committee Friday, November 16, 2012 8:00 10:00 a.m. Dr. Winser E. Alexander Interim Provost and Vice Chancellor for Academic Affairs Explore. Discover.
More informationFood Services Advisory Committee. UH Planning and Budgeting
Food Services Advisory Committee UH Planning and Budgeting November 12, 2010 Food Services Advisory Committee UH Planning and Budgeting Budgeting Process 2 Overview of the Planning and Budget Process Internal
More informationTHE BUDGET AT NC STATE How big is the pie?
THE BUDGET AT NC STATE How big is the pie? Randy Woodson, Chancellor Warwick A. Arden, Interim Provost and Executive Vice Chancellor Charlie Leffler, Vice Chancellor for Finance and Business NC State University
More informationCSUF CALIFORNIA STATE UNIVERSITY, FULLERTON
CSUF CALIFORNIA STATE UNIVERSITY, FULLERTON Budget Report Fiscal Year 2014-2015 Table of Contents I. Foreword II. University Resources a. Fiscal Year Budget 1 b. Highlights: 2014-15 Operating Fund Budget
More informationUniversity of Houston System
UNIVERSITY of HOUSTON SYSTEM University of Houston System FY2014 Annual Budget August 14, 2013 1 UNIVERSITY of HOUSTON SYSTEM FY2013 Current year Total Budget $ Millions Operating Budget $ 1,247.5 Capital
More informationJamie Fernandes, Associate Controller Budget Overview
Jamie Fernandes, Associate Controller jferna46@kennesaw.edu 470-578-5195 Budget Overview What is a Budget? An estimate of revenue and expense generally over a 12 month period Provides a spend plan that
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: 3/27/2018 Item Number Item Title Responsible Agents Budget
More informationChancellor s Message - Achievements
Chancellor s Message - Achievements We have achieved significant educational and operational advances. To name a few: $41 million in savings from operations through the elimination of redundancies and
More informationTEXAS FACILITIES COMMISSION REQUESTED OPERATING BUDGET - FY 2018
TEXAS FACILITIES COMMISSION REQUESTED OPERATING BUDGET - FY 2018 TEXAS FACILITIES COMMISSION FISCAL YEAR 2018 BUDGET EXECUTIVE SUMMARY The Texas Legislature appropriates funds to state agencies once every
More informationFY2018 Council Budget Work Session. August 17, 2017
FY2018 Council Budget Work Session August 17, 2017 Agenda Overview Assessed Value Breakdown TIF & 380 Agreements Recommended Tax Rate Budget Highlights Health Insurance Plan Changes and Update Pension
More informationAVAILABLE UNIVERSITY FUND REPORT
AVAILABLE UNIVERSITY FUND REPORT December 2013 Prepared by The University of Texas System Office of the Controller Report to the Legislature and Governor Pursuant to Rider No. 5 to Available University
More informationBudget Flint Campus
2016-2017 Budget Flint Campus This page left blank intentionally. Table of Contents The University of Michigan - Flint Section One - Summary of Budgeted Revenues and Expenditures Schedule A: Summary by
More informationThe Florida International University Budget Town Hall Discussion. March 9, 2009
The Florida International University Budget Town Hall Discussion March 9, 2009 1 FLORIDA INTERNATIONAL UNIVERSITY AGENDA Direction What is the University s strategic direction? What are the state revenue
More informationSJC 403(b)/457(b) Retirement Program News
SJC 403(b)/457(b) Retirement Program News San Jacinto College (SJC) offers a variety of voluntary retirement programs [403(b) and 457(b)] for its employees. Student workers and private contractors are
More informationTexas Bond Review Board
Texas Bond Review Board 2015 LOCAL GOVERNMENT ANNUAL REPORT FISCAL YEAR ENDED AUGUST 31, 2015 Texas Bond Review Board Local Government Annual Report 2015 Fiscal Year Ended August 31, 2015 Greg Abbott,
More informationCal Poly San Luis Obispo Sources & Uses Budget - Summary Fiscal Year 2016/17
Sources & Uses Budget - Summary Changes to FY 2015/16 Base FY 16/17 FY 2016/17 Sources State Tax Revenues 114,403,468 10,197,000.00 124,600,468 Campus Based Fees 174,605,000 6,024,000 180,629,000 Interest
More informationBudgeting and Planning Process as of FY17
Budgeting and Planning Process as of FY17 Summary The budget is an important annual planning document for the university and reflects choices, priorities and tactics set forth as the result of intensive
More informationConnecticut State University System (The System Office, Central Connecticut State University, Eastern Connecticut State University, Southern
Connecticut State University System (The System Office, Central Connecticut State University, Eastern Connecticut State University, Southern Connecticut State University, Western Connecticut State University,
More informationIMAGINE ONE AUSTIN. City of Austin Budget 101. July 7, 2014
IMAGINE ONE AUSTIN City of Austin Budget 101 July 7, 2014 Budget Forecast Facts Agenda and April Figures 18 44 Distinct Operating Units Energy Utility, Water Utility, Airport, Convention Center, Watershed
More informationUW-Platteville Pioneer Budget Model
UW-Platteville Pioneer Budget Model This document is intended to provide a comprehensive overview of the UW-Platteville s budget model. Specifically, this document will cover the following topics: Model
More informationCampus Budget & Funding Basics CALIFORNIA STATE UNIVERSITY, CHICO
Campus Budget & Funding Basics CALIFORNIA STATE UNIVERSITY, CHICO October 20, 2016 & March 20, 2017 Campus Budget & Funding Basics 2 What funding sources are available? How are funds allocated? Who do
More informationSouth Texas College Budget Fiscal Year
Budget Fiscal Year 2012-2013 Hidalgo County and Starr County, Texas Budget For The Fiscal Year Ending August 31, 2013 TABLE OF CONTENTS INTRODUCTORY SECTION Board of Trustees... 1-3 Executive Staff...
More informationRoger Williams University. Business Plan for Expansion or Initiation of an Academic or Support Program
Program title: Please check one: [ ] Academic program [ ] Support program Please check one: [ ] Expansion of an existing program [ ] Initiation of a new program Department: Prepared by: Program proposer
More informationUniversity of California, Merced Final and Preliminary All-Funds Base Budget
University of California, Merced 201516 Final and 201617 Preliminary AllFunds Base Budget FINAL Division of Planning and Budget Finance Group 1 WE WELCOME YOUR COMMENTS Division of Planning and Budget
More informationMissouri Western State University A Component Unit of the State of Missouri
Accountants Report and Financial Statements (Including Reports Required Under OMB-133) June 30, 2005 and 2004 June 30, 2005 and 2004 Contents Management s Introduction... 1 Independent Accountants Report
More informationFinances, Budget and Facilities
III.1 IChapter II Finances, Budget and Facilities A Financial Reporting 1. Fund Accounting Principles & Objectives................. III.3 2. Types of Funds................................. III.4 3. Funding
More informationSection 4: Project Status
Continued funding requires evidence of substantial progress towards meeting your activity objectives. From your application, please list your objectives for each activity carried out this reporting period.
More informationTEXAS HIGHER EDUCATION COORDINATING BOARD Agency Operations and Communications P.O. Box Austin, Texas 78711
TEXAS HIGHER EDUCATION COORDINATING BOARD Agency Operations and Communications P.O. Box 12788 Austin, Texas 78711 LINDA BATTLES, M.P.AFF. Deputy Commissioner Agency Operations and Communications/Chief
More informationFY 2011 BUDGET (MAY 5, 2010)
Approved by Chancellor Spakes May 11, 2010 FY 2011 BUDGET (MAY 5, 2010) INTRODUCTION Taking into account a constrained resource environment, the FY 2011 budget recommendation supports the mission of the
More informationThe University of Texas System FY 2006
The University of Texas System FY 2006 Operating Budget Summaries and Reserve Allocations for Library, Equipment, Repair and Rehabilitation August 2005 Operating Budget Summaries THE UNIVERSITY OF TEXAS
More informationDealing with Organizational Legacy Costs. Presented by City Manager Sheryl Sculley City of San Antonio, Texas
Dealing with Organizational Legacy Costs Presented by City Manager Sheryl Sculley City of San Antonio, Texas CITY OF SAN ANTONIO 467 Square Miles 1.4 Million Population $2.4 Billion City Budget 11,700
More informationTABLE OF CONTENTS FOR MEETING OF THE BOARD
TABLE OF CONTENTS FOR MEETING OF THE BOARD Board Meeting: 5/9-10/2007 Austin, Texas Wednesday, May 9, 2007 COMMITTEE MEETINGS Academic Affairs Committee.. Joint Meeting Academic Affairs and Facilities
More informationEastern Kentucky University
Eastern Kentucky University Budget Advisory Committee January 2018 Advisory Committee Charge: This committee was charged with developing recommendations to the President's Council that will address financial
More informationHigher Education Fund Re-Allocation Recommendation for Fiscal Years 2020 through 2025
AGENDA ITEM IX-E Strategic Planning and Funding Higher Education Fund Re-Allocation Recommendation for Fiscal Years 2020 through 2025 September 2018 Texas Higher Education Coordinating Board Stuart W.
More informationBudget Request System. Budget Request Submission
Budget Request Submission Budget Request Submission Agenda Overview Budget Request Form FWABREQ Header Record Line Item Detail Priorities University Goals & Objectives Header Priorities Collaborative Units
More informationCapital Improvement Plan Table of Contents
Capital Improvement Plan Table of Contents Policies & Financial Strategies Financing Options Proposed Plan Summary of All Projects Considered Summary of New Projects to the Plan Proposed Future Projects
More informationEXECUTIVE SUMMARY. Performance Fund* 4,414,100 Total $74,448,900
EXECUTIVE SUMMARY House Bill 200, the Executive Branch Budget, was passed by the 2018 Regular Session of the Kentucky General Assembly and provides a state expenditure plan for the 2018-20 biennium. The
More informationTEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER EL PASO
TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER EL PASO OPERATING BUDGET FISCAL YEAR 2016 Fiscal Year 2016 Operating Budget Summary TABLE OF CONTENTS Fiscal Year 2016 Operating Budget - Source of Funds (Graph)......................
More informationThe University of North Carolina
The University of North Carolina GENERAL ADMINISTRATION POST OFFICE BOX 2688, CHAPEL HILL, NC 27515-2688 ERNIE G. MURPHREY Vice President for Finance Telephone: (919) 962-4598 Fax: (919) 962-0008 E-mail:
More informationThis budget is the first to incorporate our university community s shared goals as expressed in our new strategic plan, Building on Excellence.
Office of the President San Diego State University 5500 Campanile Drive San Diego, CA 92182 8000 Tel: 619 594 5201 Fax: 619 594 8894 September 30, 2014 Members of the university community: San Diego State
More informationSan Jacinto Community College District
San Jacinto Community College District COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEARS ENDED AUGUST 31, 2018 AND 2017 Prepared by The Department of Fiscal Affairs 4624 Fairmont Parkway Pasadena,
More informationNC Community College System:
NC Community College System: Budget Overview Presentation to the Joint Appropriations Committee on Education Brett Altman Fiscal Research Division March 8, 2017 Presentation Agenda 1. NCCCS Background
More informationOPERATING BUDGETS FOR FISCAL YEAR
OPERATING BUDGETS FOR FISCAL YEAR 2018 FY 2018 BUDGET DOCUMENTS A. The FY 2018 Education and General Budget Page 1. Executive Summary 1 2. General Budget Priorities 1 3. Revenue Assumptions 1 4. Planned
More informationReport to the Legislature and Governor Pursuant to Rider No. 5 to Available University Fund Appropriation SB 1, 85 th Legislature, Regular Session,
AVAILABLE UNIVERSITY FUND REPORT December 2017 Prepared by The University of Texas System Office of the Controller Report to the Legislature and Governor Pursuant to Rider No. 5 to Available University
More informationPublic Hearing. Truth in Taxation Notice of Tax increase Adoption of Fiscal Year 2016 Proposed Budget Board of Governor s Meeting June 10, 2015
Finance and and Administration Public Hearing Truth in Taxation Notice of Tax increase Adoption of Fiscal Year 2016 Proposed Budget Board of Governor s Meeting June 10, 2015 David Bea, Ph.D. Finance and
More informationBoard of Regents FY President s Executive Team
Table of Contents Table of Contents 1 NKU Board of Regents and Executive Team 2 Acknowledgements 3 Presidential Recommendation to the Board of Regents 4 Summary of FY 2011-12 Unrestricted Revenues and
More informationFY17 General Fund Budget Update
FY17 General Fund Budget Update Committee of the Board May 3, 2016 Marie Schrul Chief Financial Officer 1 Purpose To provide an update on the FY 2016-2017 General Fund budget to the Committee of the Board
More informationPROPOSED FY 2017 EDUCATIONAL & GENERAL BUDGETS
PROPOSED FY 2017 EDUCATIONAL & GENERAL BUDGETS Proposed to Board of Trustees Prepared by the Office of Finance and Administration June 23, 2016 TABLE OF CONTENTS Page No. Bowling Green Campus Income &
More informationWhat Matters Most? A Community Forum to Discuss School District Funding Priorities
What Matters Most? A Community Forum to Discuss School District Funding Priorities Presented By: The Washoe County School District Board of Trustees and District Staff Agenda Trustee Welcome Overview of
More informationMeeting No. 1,187 THE MINUTES OF THE BOARD OF REGENTS THE UNIVERSITY OF TEXAS SYSTEM. Pages Austin, Texas
Meeting No. 1,187 THE MINUTES OF THE BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM Pages 1-63 September 6, 2018 Austin, Texas Table of Contents TABLE OF CONTENTS THE MINUTES OF THE BOARD OF REGENTS
More informationTwo-Year Program Facilities Management Capital Renewal & Deferred Maintenance
Two-Year Program Facilities Management Capital Renewal & Deferred Maintenance Table of Contents I. Program Mission Statement...3 II. Program Executive Summary...3 III. Primary Customers/Stakeholders...4
More informationTHE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL CAPITAL IMPROVEMENT PROJECT PROCESS
Rev. 08/01/07 THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL CAPITAL IMPROVEMENT PROJECT PROCESS This document describes the project development and approval process for Capital Improvement Projects,
More informationFiscal State of the University. Presentation to the Academic Senate
Fiscal State of the University Presentation to the Academic Senate November 21, 2013 Administration and Finance Budget Planning and Administration Agenda FY 2013-14 Budget Update University Strategic Plan
More informationThe University of Texas at San Antonio 2015 Summary of Financial Condition. Financial Condition: Satisfactory
The University of Texas at San Antonio 2015 Summary of Financial Condition Financial Condition: Satisfactory Composite Financial Index Operating Expense Coverage Ratio 4.0 3.2 3.7 3.3 2.8 (in months) 7.0
More informationLocal Decisions have created Texas cities where people want to
Roanoke Local Decisions have created Texas cities where people want to Local Decisions have created Texas cities where people want to Live Local Decisions have created Texas cities where people want to
More informationLETTER FROM THE EXECUTIVE VICE CHANCELLOR, CHIEF FINANCIAL OFFICER
LETTER FROM THE EXECUTIVE VICE CHANCELLOR, CHIEF FINANCIAL OFFICER The California State University is a remarkable institution that is comprised of 23 campuses offering an outstanding education to 438,157
More informationAlliance Management Group. Tax Year 2012 Update
Alliance Management Group Tax Year 2012 Update Part I: Overview How is Your Real Property Valued? The Assessor is mandated by Arizona State Statute to value property at its Full Cash (Market) Value. Full
More information2013/14 University Budget Presentation. Josee Larochelle Associate Vice President for Finance
2013/14 University Budget Presentation Josee Larochelle Associate Vice President for Finance 1 Agenda Prop 30 Impacts FTES Target and Projection Base Operating Fund Budget Sources & Uses of Funds Budget
More informationAugust 13, Citizen Townhall Proposed City Budget Fiscal Year
August 13, 2018 Citizen Townhall Proposed City Budget Fiscal Year 2018-2019 General Fund Budget Summary Example Tax Bills by Jurisdiction Comal County Residents Entity Tax Rate Estimated Tax % Fair Oaks
More information2018 OPEN BUDGET MEETING. April 26, 2018 Page 0
2018 OPEN BUDGET MEETING Page 0 Today s Agenda Overview of Financial Planning Different Types of Plans Annual Budget Cycle FY 2017-18 Forecast FY 2018-19 Budget Operating Budget Capital Budget Open Discussion
More information2017/18 Annual Budget Report. Charlie Faas VP Administration & Finance/CFO
2017/18 Annual Budget Report Charlie Faas VP Administration & Finance/CFO Fiscal Year Budget Overview Increase in tuition and General Fund appropriation Tuition rate increase ($270, 4.9% increase) +240
More information