2016-2017 Operating Budget
MIAMI UNIVERSITY Operating Budget Fiscal Year 2016-2017 CONTENTS Pages Board of Trustees & Executive Officers... 1 Budget Highlights... 2-3 Summary... 4 Total Current Funds Exhibit 1, Operating Budget... 5 Charts A & B, Total Revenues and Total Expenditures & Transfers... 6 Exhibit 2, Operating Budget Oxford Campus... 7 Exhibit 3, Operating Budget Regional Campuses & Learning Center... 8 Exhibit 4, Operating Budget Revenue... 9 Chart C, All Campuses General Fund Revenue... 10 Chart D, Oxford Campus General Fund Revenue... 11 Charts E & F, Regional Campuses General Fund Revenue... 12-13 Exhibit 5, Operating Budget - Expenditures & Transfers... 14 Chart G, All Campuses General Fund Expenditures... 15 Chart H, Oxford Campus General Fund Expenditures... 16 Chart I, Oxford Campus General Fund Expenditures by University Division... 17 Charts J & K, Regional Campuses General Fund Expenditures... 18 Chart L & M, VOA Learning Center and Dolibois European Center General Fund Expenditure... 19 Educational & General Fund Exhibit 6, Educational & General Fund Expenditures & Transfers Oxford Campus... 20-26 Hamilton Campus... 27-28 Middletown Campus... 29-30 VOA Learning Center & Exhibit 6 Total... 31 Auxiliary Enterprises Exhibit 7, Auxiliary Enterprise Revenues, Expenditures and Transfers... 32 Exhibit 8, Auxiliary Enterprises Operating Budget... 33-34 Chart N, Auxiliary Expenditures... 35 General Fee Exhibit 9, General Fee Budget... 36 Responsibility Centered Management Exhibit 10... 37
MIAMI UNIVERSITY FISCAL YEAR 2016-2017 Board of Trustees David Budig Chair Mark Ridenour Vice Chair Dennis A. Lieberman Secretary Jagdish K. Bhati Treasurer Robert W. Shroder Stephen P. Wilson John C. Pascoe C. Michael Gooden National Trustee John Altman National Trustee Terry Hershey National Trustee Robert E. Coletti National Trustee Diane F. Perlmutter National Trustee Alexandra N. Boster Student Members Ciara R. Lawson Student Members Executive Officers Gregory Crawford President Phyllis Callahan Provost and Executive Vice President for Academic Affairs David K. Creamer Senior Vice President for Finance and Business Services and Treasurer Michael Kabbaz Vice President for Enrollment Management and Student Success J. Peter Natale Vice President for Information Technology Jayne Brownell Vice President for Student Affairs Tom Herbert Vice President for University Advancement Robin Parker General Counsel Theodore O. Pickerill Secretary, Board of Trustees and Executive Assistant to the President 1
MIAMI UNIVERSITY BUDGET HIGHLIGHTS Fiscal Year 2016-2017 Budget Environment A number of factors shaped the University s FY 2017 Budget. The State of Ohio biennial operating budget for the FY 2016 FY 2017 included an increase in the State Share of Instruction. The increased state resources will primarily benefit the Oxford campus. The state budget also included a freeze on resident tuition. The University implemented a new cohort based tuition guarantee program for the incoming class of fall 2016. Tuition revenues on the Oxford campus for the year benefited from continued enrollment growth. By comparison, enrollments on the Regional campuses were budgeted to decline compared to FY 2016. The FY 2017 budget included the continued implementation of the Miami 2020 productivity goals. In light of favorable trends in revenues and expenses on the Oxford campus, the budget included investments in faculty/staff compensation and student financial aid, and addressed added costs resulting from various regulatory issues. Overall Budget All Campuses 2016-2017 Budget Assumptions The FY 2017 Educational and General (E&G) revenue budget increased $35,427,171 or 6.7% over FY 2016. The FY 2017 Auxiliary Enterprises budget decreased $3,032,194 or 1.9%. Miami University s total FY 2017 revenue budget is $715,017,943 or roughly $1,958,953 per day. Revenues ($715,017,943) The FY 2017 University revenue budget is comprised as follows: 55.2% Student Tuition and Fees 21.5% Auxiliary Enterprises 10.9% State Appropriations 12.4% Contracts, Sales & Services, Temporary Investments, Endowment Income and Gifts Expenditures ($701,479,171) The FY 2017 University expenditure budget is comprised as follows: 46.2% Instructional Research, Public Service, Academic & Student Support 17.4% Auxiliary Enterprises 6.8% Scholarships and Financial Aid 15.6% Institutional Support and Plant Operation & Maintenance 14.0% Debt Service and Other Transfers 2
Oxford Campus The budget assumed a first year class of 3,700 students. Fifty-five percent (55%) of the incoming class are expected to be Ohio residents, while forty-five percent (45%) are expected to come from outside of Ohio. The FY 2017 budget implemented the Miami Tuition Promise for Oxford campus undergraduate students. The Miami Tuition Promise provides all first-time students and their families the certainty that tuition, special purpose, course fees and room and board charges will not increase over the ensuing four academic year period from their first enrollment as a degree seeking student. Tuition for the fall 2016 Tuition Promise cohort is budgeted as a one-time increase over fall 2015 of 4.87% for non-resident and 2.9% for resident. Tuition for continuing is budgeted to increase two percent (2%) for non-residents and zero percent (0%) for residents. Noteworthy changes in budgeted expenses include a salary increment pool of three percent (3%), an increase of $12.5 million in undergraduate scholarships, additional $1 million for faculty salary market adjustment, $2 million allocated to implement changes required under the Fair Labor Standard Act, and $7.4 million investments for regulatory compliance and student services. The budget also included $9.4 million net income from new revenue initiatives and productivity improvements, and $1 million increase in investment income. The Oxford campus budget assumes a surplus of $13.5 million. Regional Campuses The budget assumed a 1.0% decline in enrollment compared to actual fall 2015. Tuition on the Regional campuses is budgeted to increase of two percent (2%) for non-residents and zero percent (0%) for Ohio residents. Noteworthy changes in budgeted expenses include a salary increment pool of three percent (3%), $733,950 for increased credit hour faculty compensation, and $245,647 allocated to implement changes required under the Fair Labor Standards Act. The regional campus budget includes $131,463 net income from new revenue initiatives and productivity improvements. The budget also assumed underspending of salaries and benefits of $2.4 million. Regional campuses proposed a balanced budget, which included a transfer in from the available fund balance of $937,724 to support FY 2017 operations. Budget Document An electronic version of the annual Operating Budget can be found on the University Budget Office s website: http://www.units.miamioh.edu/bpa/. The University Budget Office welcomes your feedback on any exhibits and charts and is available to address any questions about the University s budget. University Budget Office Staff David Ellis, Associate Vice President for Budgeting & Analysis Donna Rohlfer, Director of Budgeting & Business Transformation Jeff Pidcock, Senior Budget Analyst Weijian Luo, Budget Analyst Tim Birmingham, Budget Analyst 3
Miami University Summary 2016-2017 Total University Budget Approved Budget Budget Change from Percent REVENUES & TRANSFERS IN 2016-2017 2015-2016 Prior Year Change Educational & General $ 561,463,873 $ 526,036,702 $ 35,427,171 6.7% Auxiliary Enterprises 153,554,070 156,586,264 $ (3,032,194) -1.9% Total Revenues $ 715,017,943 $ 682,622,966 $ 32,394,977 4.7% EXPENDITURES & TRANSFERS Educational & General $ 547,925,100 $ 509,925,469 $ 37,999,631 7.5% Auxiliary Enterprises 153,554,070 156,586,264 $ (3,032,194) -1.9% Total E&G and Auxiliary Expenditures $ 701,479,171 $ 666,511,734 $ 34,967,437 5.2% and Transfers Net Increase (Decrease) in Fund Balance $ 13,538,772 $ 16,111,232 $ (2,572,460) -16.0% 4
Exhibit 1 Fiscal Year 2016-2017 Operating Budget All Funds This statement reports all current fund revenues & expenditures by function and transfers for the Educational and General Fund and the Auxiliary Enterprises. The format presented shows the budgeted revenue and expense for Oxford and Regional general funds, designated and restricted funds, as well as auxiliary enterprises. The prior year budget is included for comparison purposes.
Miami University Exhibit 1 2016-2017 Operating Budget - All Funds Oxford Campus General Funds Regionals General Funds Total General Funds Designated Funds Total Unrestricted Funds Auxiliary Enterprises Restricted Funds 2016-2017 Total All Funds I. REVENUES Instructional & OOS Surcharge $ 364,975,073 $ 28,135,507 $ 393,110,580 $ - $ 393,110,580 $ - $ - $ 393,110,580 $ 368,123,095 Less Cohort Financial Aid Discount 72,274,305 1,589,276 73,863,581-73,863,581 - - 73,863,581 60,536,932 Net Instructional Fee & Out-of-State Surcharge 292,700,768 26,546,231 319,246,999-319,246,999 - - 319,246,999 307,586,163 General 46,399,379 1,508,255 47,907,634 47,907,634 - - 47,907,634 34,241,779 Other Student Revenue 3,611,500 3,264,500 6,876,000 20,617,293 27,493,293 - - 27,493,293 21,466,549 Net Tuition, Fees and Other Student Charges 342,711,647 31,318,986 374,030,633 20,617,293 394,647,926 - - 394,647,926 363,294,491 State Appropriations 65,631,521 11,451,432 77,082,953-77,082,953-1,200,000 78,282,953 71,576,996 Grants and Contracts 1,120,000 51,000 1,171,000 1,341,520 2,512,520-38,905,000 41,417,520 38,724,226 Gifts - - - 2,023,347 2,023,347-13,525,000 15,548,347 17,675,222 Endowment Income - - - 1,858,585 1,858,585-4,590,000 6,448,585 6,858,927 Sales and Service 30,000-30,000 1,768,592 1,798,592 - - 1,798,592 1,839,133 Investment Income 5,325,000 100,000 5,425,000-5,425,000 - - 5,425,000 4,425,000 Other Sources 224,000 100,402 324,402 14,676,596 15,000,998-800,000 15,800,998 18,660,245 Transfers In - 2,093,952 2,093,952-2,093,952 - - 2,093,952 2,982,462 Total Educational & General Revenues 415,042,168 45,115,772 460,157,940 42,285,933 502,443,873-59,020,000 561,463,873 526,036,702 Auxiliary Enterprise Revenues 1,713,820 1,713,820 150,169,445 1,670,805 153,554,070 156,586,264 Total Educational & General and 415,042,168 45,115,772 460,157,940 43,999,753 504,157,693 150,169,445 60,690,805 715,017,943 682,622,966 Auxiliary Revenues 2015-2016 Budget II. Instruction & Departmental Research 164,932,676 22,662,213 187,594,889 10,046,947 197,641,836-6,635,000 204,276,836 197,322,538 Separately Budgeted Research 3,897,096 9,000 3,906,096 688,000 4,594,096-15,125,000 19,719,096 19,345,169 Public Service 42,608 191,608 234,216 1,604,157 1,838,373-1,360,000 3,198,373 2,578,059 Academic Support 51,984,223 3,828,080 55,812,303 7,941,081 63,753,384-1,303,000 65,056,384 69,939,279 Student Services 19,385,410 4,854,829 24,240,239 6,085,970 30,326,209-1,440,000 31,766,209 28,282,229 Institutional Support 48,483,751 8,139,783 56,623,534 14,768,777 71,392,311-3,147,000 74,539,311 61,682,088 Plant Operation & Maintenance 31,362,455 3,464,678 34,827,133 112,000 34,939,133-150,500 35,089,633 34,884,920 Scholarships and Fellowships 16,704,814-16,704,814 1,039,000 17,743,814-29,859,500 47,603,314 47,339,717 Total Educational & General Expenditures 336,793,033 43,150,191 379,943,224 42,285,932 422,229,156-59,020,000 481,249,156 461,373,999 Auxiliary Enterprises Expenditures - - - 1,713,820 1,713,820 118,841,271 1,670,805 122,225,896 122,691,780 336,793,033 43,150,191 379,943,224 43,999,752 423,942,976 118,841,271 60,690,805 603,475,053 584,065,780 Total Educational & General Expenditures and Auxiliary Expenditures III Mandatory Transfers Out (Debt Service and Other) 7,883,690 758,869 8,642,559-8,642,559 42,581,890-51,224,449 48,862,862 Non-mandatory Transfers General Fee 45,909,512 593,298 46,502,810-46,502,810 (35,341,452) - 11,161,358 4,586,312 Other Transfers 10,917,161 613,414 11,530,575-11,530,575 24,087,736-35,618,311 28,996,780 Total Educational & General and 64,710,363 1,965,581 66,675,944-66,675,944 31,328,174-98,004,118 82,445,954 Auxiliary Transfers Total Educational & General and $ 401,503,396 $ 45,115,772 $ 446,619,168 $ 43,999,752 $ 490,618,920 $ 150,169,445 $ 60,690,805 $ 701,479,172 $ 666,511,734 Auxiliary Expenditures & Transfers 5
MIAMI UNIVERSITY 2016-17 BUDGET (All Funds) 6
Exhibit 2 Fiscal Year 2016-2017 Operating Budget All Funds for Oxford Campus This statement includes all budgeted general, designated, restricted, and auxiliary fund revenues, expenditures and transfers for Oxford Campus only. The prior year budget is included for comparison purposes.
Miami University Exhibit 2 2016-2017 Operating Budget - All Funds for Oxford Campus, includes Dolibois European Center General Designated Total Unrestricted Auxiliary Restricted 2016-2017 2015-2016 I. REVENUES Funds Funds Funds Enterprises Funds Total All Funds - Oxford Budget - Oxford Instructional & OOS Surcharge $ 364,975,073 $ - $ 364,975,073 $ - $ - $ 364,975,073 $ 340,112,881 Less Cohort Financial Aid Discount 72,274,305-72,274,305 - - 72,274,305 58,947,656 Net Instructional Fee & Out-of-State Surcharge 292,700,768-292,700,768 - - 292,700,768 281,165,225 General 46,399,379 46,399,379-46,399,379 32,539,258 Other Student Revenue 3,611,500 19,157,293 22,768,793 - - 22,768,793 19,006,237 Net Tuition, Fees and Other Student Charges 342,711,647 19,157,293 361,868,940 361,868,940 332,710,720 State Appropriations 65,631,521-65,631,521-1,200,000 66,831,521 59,689,038 Grants and Contracts 1,120,000 1,258,479 2,378,479-27,750,000 30,128,479 27,219,737 Gifts - 2,022,847 2,022,847-13,000,000 15,022,847 17,219,633 Endowment Income - 1,828,585 1,828,585-4,500,000 6,328,585 6,722,927 Sales and Service 30,000 1,635,592 1,665,592-1,665,592 1,700,180 Investment Income 5,325,000 5,325,000-5,325,000 4,325,000 Other Sources 224,000 14,406,596 14,630,596-750,000 15,380,596 18,065,668 Total Educational & General Revenues 415,042,168 40,309,392 455,351,560-47,200,000 502,551,560 467,652,903 Auxiliary Enterprises Revenues - 1,713,820 1,713,820 150,169,445 1,670,805 153,554,070 156,586,264 Total Educational & General and Auxiliary Revenues 415,042,168 42,023,212 457,065,380 150,169,445 48,870,805 656,105,630 624,239,167 II. EXPENDITURES Educational and General Expenditures Instruction & Departmental Research 164,932,676 9,961,947 174,894,623-6,500,000 181,394,623 174,856,403 Separately Budgeted Research 3,897,096 600,000 4,497,096-14,450,000 18,947,096 18,520,169 Public Service 42,608 1,529,157 1,571,765-1,000,000 2,571,765 1,983,852 Academic Support 51,984,223 7,941,081 59,925,304-1,250,000 61,175,304 67,479,830 Student Services 19,385,410 5,194,170 24,579,580-1,350,000 25,929,580 22,979,478 Institutional Support 48,483,751 14,003,036 62,486,787-3,000,000 65,486,787 52,590,012 Plant Operation & Maintenance 31,362,455 110,000 31,472,455-150,000 31,622,455 31,290,647 Scholarships and Fellowships 16,704,814 970,000 17,674,814-19,500,000 37,174,814 36,758,728 Total Educational & General Expenditures 336,793,033 40,309,391 377,102,424-47,200,000 424,302,424 406,459,119 Auxiliary Enterprises Expenditures - 1,713,820 1,713,820 118,841,271 1,670,805 122,225,896 122,691,780 Total Educational & General and Auxiliary Expenditures 336,793,033 42,023,211 378,816,244 118,841,271 48,870,805 546,528,321 529,150,899 III. TRANSFERS-OUT/(IN) Mandatory Transfers Out (Debt Service and Other) 7,883,690-7,883,690 42,581,890-50,465,580 48,126,320 Non-mandatory Transfers - - - General Fee 45,909,512-45,909,512 (35,341,452) - 10,568,060 3,993,014 Other Transfers 10,917,161-10,917,161 24,087,736-35,004,897 26,556,401 Total Educational & General and Auxiliary Transfers 64,710,363-64,710,363 31,328,174-96,038,537 78,675,735 Total Educational & General and $ 401,503,396 $ 42,023,211 $ 443,526,607 $ 150,169,445 $ 48,870,805 $ 642,566,858 $ 607,826,634 Auxiliary Expenditures & Transfers 7
Exhibit 3 Fiscal Year 2016-2017 Operating Budget All Funds for Regional Campuses & Learning Center This statement includes all E&G fund revenues, expenditures and transfers displayed for each campus and learning center. Designated and restricted funds are included.
Miami University Exhibit 3 2016-2017 Operating Budget - All Funds for Regional Campuses, and VOA Learning Center I. REVENUES Hamilton Campus Total Hamilton Middletown Campus Total Middletown Total VOA Learning Ctr Total 2016-2017 All Funds- 2015-2016 General Funds Designated Restricted All Funds General Funds Designated Restricted All Funds General Funds Regionals Budget-Regionals Instructional & OOS Surcharge $ 17,537,473 $ - $ - $ 17,537,473 $ 10,598,034 $ - $ - $ 10,598,034 $ - $ 28,135,507 $ 28,010,214 Less Cohort Financial Aid Discount 723,638 - - 723,638 865,638 - - 865,638-1,589,276 1,589,276 Net Instructional Fee & Out-of-State Surcharge 16,813,835 - - 16,813,835 9,732,396 - - 9,732,396-26,546,231 26,420,938 General 962,407 - - 962,407 545,848 - - 545,848-1,508,255 1,702,521 Other Student Revenue 227,000 724,000-951,000 3,037,500 736,000-3,773,500-4,724,500 2,460,312 Net Tuition, Fees and Other Student Charges 18,003,242 724,000-18,727,242 13,315,744 736,000-14,051,744-32,778,986 30,583,771 State Appropriations 6,726,272 - - 6,726,272 4,725,160 - - 4,725,160-11,451,432 11,887,958 Grants and Contracts 41,000 38,800 7,585,000 7,664,800 10,000 44,241 3,570,000 3,624,241-11,289,041 11,504,489 Gifts - - 225,000 225,000-500 300,000 300,500-525,500 455,589 Endowment Income - - 90,000 90,000-30,000-30,000-120,000 136,000 Sales and Service - 116,000-116,000-17,000-17,000-133,000 138,953 Investment Income 50,000-50,000 50,000 - - 50,000-100,000 100,000 Other Sources 5,000 140,000 25,000 170,000 60,402 130,000 25,000 215,402 35,000 420,402 594,577 Transfers In 533,861 - - 533,861 403,863 - - 403,863 1,156,228 2,093,952 2,982,462 Total Educational & General Revenues 25,359,375 1,018,800 7,925,000 34,303,175 18,565,169 957,741 3,895,000 23,417,910 1,191,228 58,912,313 58,383,799 II. EXPENDITURES Instruction & Departmental Research 13,016,404 9,000 125,000 13,150,404 9,641,870 76,000 10,000 9,727,870 3,939 22,882,213 22,466,135 Separately Budgeted Research - 8,000 300,000 308,000 9,000 80,000 375,000 464,000-772,000 825,000 Public Service 183,958 15,000 350,000 548,958 7,650 60,000 10,000 77,650-626,608 594,207 Academic Support 1,917,191-3,000 1,920,191 1,873,389-50,000 1,923,389 37,500 3,881,080 2,459,448 Student Services 2,891,091 826,800 40,000 3,757,891 1,959,238 65,000 50,000 2,074,238 4,500 5,836,629 5,302,751 Institutional Support 4,958,089 145,000 107,000 5,210,089 2,743,980 620,741 40,000 3,404,721 437,714 9,052,524 9,092,076 Plant Operation & Maintenance 1,668,124 - - 1,668,124 1,608,654 2,000 500 1,611,154 187,900 3,467,178 3,594,274 Scholarships and Fellowships - 15,000 7,000,000 7,015,000-54,000 3,359,500 3,413,500-10,428,500 10,580,989 Total Educational & General Expenditures 24,634,857 1,018,800 7,925,000 33,578,657 17,843,781 957,741 3,895,000 22,696,522 671,553 56,946,732 54,914,881 III. TRANSFERS-OUT Mandatory Transfers Out (Debt Service) - - - - 274,494 - - 274,494 484,375 758,869 736,542 Non-mandatory Transfers General Fee 435,461 - - 435,461 157,837 - - 157,837-593,298 593,298 Other Transfers 289,057 - - 289,057 289,057 - - 289,057 35,300 613,414 2,440,379 Total Educational & General Transfers 724,518 - - 724,518 721,388 - - 721,388 519,675 1,965,581 3,770,219 Total Educational & General Expenditures & Transfers $ 25,359,375 $ 1,018,800 $ 7,925,000 $ 34,303,175 $ 18,565,169 $ 957,741 $ 3,895,000 $ 23,417,910 $ 1,191,228 $ 58,912,313 $ 58,685,100 8
Exhibit 4 Fiscal Year 2016-2017 Operating Budget All Funds Revenue This statement reports all current fund revenues in more detail for the Educational and General Fund by campus, Auxiliary Enterprises, and designated and restricted funds.
Miami University Exhibit 4 2016-2017 Operating Budget - All Funds Revenue Oxford Campus Hamilton Campus Middletown Campus VOA Learning Ctr Total Designated Total Auxiliary Restricted 2016-2017 General Funds General Funds General Funds General Funds General Funds Funds Unrestricted Funds Enterprises Funds Total All Funds Revenues Tuition, Fees and Other Student Charges Instructional Fee $ 216,194,496 $ 16,912,431 $ 9,329,660 $ - $ 242,436,587 $ - $ 242,436,587 $ - $ - $ 242,436,587 Tuition Surcharge 148,780,577 625,042 1,268,374-150,673,993-150,673,993 - - 150,673,993 Less Cohort Financial Aid Discount 72,274,305 723,638 865,638-73,863,581-73,863,581 - - 73,863,581 Net Instructional Fee & Out-of-State Surcharge 292,700,768 16,813,835 9,732,396-319,246,999 319,246,999 - - 319,246,999 General Fee 46,399,379 962,407 545,848-47,907,634-47,907,634 - - 47,907,634 Admission Application 1,350,000 18,500 11,000-1,379,500-1,379,500 - - 1,379,500 Admission Fee 400,000 16,000 9,700-425,700-425,700 - - 425,700 Commencements 175,000 - - - 175,000-175,000 - - 175,000 Charges Unpaid Balance 120,000 - - - 120,000-120,000 - - 120,000 Counseling Services 60,000 - - - 60,000-60,000 - - 60,000 Credit by Examination 20,000 - - - 20,000-20,000 - - 20,000 English Learning Center - 2,956,800-2,956,800 2,956,800 2,956,800 Late Payment Fee 400,000 125,000 50,000-575,000-575,000 - - 575,000 MU Deferred Payment Plan Fee 45,000 - - - 45,000-45,000 - - 45,000 Off-Campus Student Connect Fees 360,000 - - - 360,000-360,000 - - 360,000 Late Registration 10,000 20,000 5,500-35,500-35,500 - - 35,500 Library Fines 55,000 12,000 2,500-69,500-69,500 - - 69,500 Network Hi Speed Data Access 600,000 - - - 600,000-600,000 - - 600,000 Misc & Other Fees 16,500 35,500 2,000-54,000 20,617,293 20,671,293 - - 20,671,293 Total Net Tuition, Fees and Other Student Charges 342,711,647 18,003,242 13,315,744-374,030,633 20,617,293 394,647,926 - - 394,647,926 - State Appropriations - Instructional Subsidies 65,631,521 6,401,272 4,325,160-76,357,953-76,357,953 - - 76,357,953 PSEOP - 325,000 400,000-725,000-725,000 - - 725,000 Other thru Regents - - - - - 1,200,000 1,200,000 Total State Appropriations 65,631,521 6,726,272 4,725,160-77,082,953-77,082,953-1,200,000 78,282,953 - Administrative Mangement Cost Recoveries - European Study Center 1,000 - - - 1,000-1,000 - - 1,000 Recovered Facilities & Administration 12,000 - - - 12,000-12,000 - - 12,000 Recoverd Grant & Contract - Facilities & Administration 1,120,000 41,000 10,000-1,171,000 1,341,520 2,512,520-38,905,000 41,417,520 Total Administrative Management Cost Recoveries 1,133,000 41,000 10,000-1,184,000 1,341,520 2,525,520-38,905,000 41,430,520 - Other Income Items - Gifts - - - - - 2,023,347 2,023,347-13,525,000 15,548,347 Performing Arts Admissions 20,000 - - - 20,000-20,000-20,000 Sale of Surplus Property 10,000 - - - 10,000-10,000-10,000 Other Sales & Services - - - - - 1,768,592 1,768,592-1,768,592 Endowment Income - - - - - 1,858,585 1,858,585-4,590,000 6,448,585 Investment Income 5,325,000 50,000 50,000-5,425,000-5,425,000-5,425,000 Others 211,000 5,000 60,402 35,000 311,402 14,676,596 14,987,998-800,000 15,787,998 Transfer In - 533,861 403,863 1,156,228 2,093,952 2,093,952-2,093,952 Total Other Income Items 5,566,000 588,861 514,265 1,191,228 7,860,354 20,327,120 28,187,474-18,915,000 47,102,474 - Auxiliary Enterprises Revenue - - - - - 1,713,820 1,713,820 149,315,624 1,670,805 152,700,249 Other Transfer In - - - - - - - 853,821-853,821 Total Educational & General and $ 415,042,168 $ 25,359,375 $ 18,565,169 $ 1,191,228 $ 460,157,940 $ 43,999,753 $ 504,157,693 $ 150,169,445 $ 60,690,805 $ 715,017,943 Auxiliary Revenues 9
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MIAMI UNIVERSITY 2016-17 BUDGET Regional Campuses General Funds Revenue 12
MIAMI UNIVERSITY 2016-17 BUDGET Regional Campuses General Funds Revenue 13
Exhibit 5 Fiscal Year 2016-2017 Operating Budget All Funds Expenditures & Transfers This statement reports all current fund expenditures by object of expense and transfers for the Educational and General Fund and the Auxiliary Enterprises. The format presented shows the budgeted expense & transfers for Oxford and Regional general funds, designated and restricted funds, as well as auxiliary enterprises.
Miami University Exhibit 5 2016-2017 Operating Budget - All Funds Expenditures & Transfers Oxford Campus Regionals Total Designated Total Auxiliary Restricted 2016-2017 2015-2016 General Funds General Funds General Funds Funds Unrestricted Funds Enterprises Funds Total All Funds Budget Expenditures Salaries Faculty Tenured $ 50,613,032 $ 6,672,406 $ 57,285,438 $ - $ - $ - $ - $ - $ - Tenure Track 15,909,044 2,522,888 18,431,932 - - - - - - Non-tenurable 14,127,445 5,234,654 19,362,099 - - - - - - Total Faculty 80,649,521-14,429,948-95,079,469-4,000,000-99,079,469 - - 3,500,000-102,579,469-101,177,109 - Unclassified 57,195,271 6,281,881 63,477,152 3,610,000 67,087,152 15,360,359 3,050,000 85,497,511 83,090,090 Classified 22,848,494 3,260,113 26,108,607 150,000 26,258,607 15,184,337 250,000 41,692,944 40,881,037 Uncommitted 8,001,257 735,200 8,736,457 - - - - - - Total Salaries 168,694,543 24,707,142 193,401,685 7,760,000 201,161,685 30,544,696 6,800,000 238,506,381 225,148,236 Staff Benefits 66,396,059 7,943,534 74,339,593 3,142,800 77,482,393 12,010,141 2,754,000 92,246,534 87,428,521 Grad Asst/Teach Assoc 10,586,777-10,586,777-10,586,777 - - 10,586,777 10,290,238 Scholarships/Fee Waviers 44,783,131-44,783,131-44,783,131 6,710,012-51,493,143 49,414,493 Support Costs 46,332,519 10,499,510 56,832,029 31,383,132 88,215,161 69,576,423 49,466,000 207,257,584 207,625,606 Total Educational & General Expenditures 336,793,029 43,150,186 379,943,215 42,285,932 422,229,147-59,020,000 600,090,419 579,907,094 Auxiliary Designated & Restricted Expenditures - - - 1,713,820 1,713,820-1,670,805 3,384,625 4,158,686 Total Educational & General and Auxiliary Expenditures 336,793,033 43,150,191 379,943,224 43,999,752 423,942,976 118,841,271 60,690,805 603,475,053 584,065,780 Transfers-Out/(In) Mandatory Transfers Out (Debit Service) 7,883,690 758,869 8,642,559-8,642,559 42,581,890-51,224,449 48,862,862 Non-Mandatory Transfers General Fee 45,909,512 593,298 46,502,810-46,502,810 (35,341,452) - 11,161,358 4,586,316 Other Transfers 10,917,161 613,414 11,530,575-11,530,575 24,087,736-35,618,311 28,996,780 Total Educational & General and Auxiliary Transfers 64,710,363 1,965,581 66,675,944-66,675,944 31,328,174-98,004,118 82,445,958 Total Educational & General and Auxiliary $ 401,503,396 $ 45,115,772 $ 446,619,168 $ 43,999,752 $ 490,618,920 $ 150,169,445 $ 60,690,805 $ 701,479,172 $ 666,511,738 Expenditures and Transfers 14
Uncommitted salaries - 2.5% $8.7M Debt Service - 2.4% $8.6M Chart G MIAMI UNIVERSITY 2016 2017 BUDGET All Campuses General Fund Expenditures $355,333,218 (Exclude Scholarships, Fellowships, Fee Waivers & General Fee) Personnel Costs = 78.3% Support & Utilities (includes other transfers) - 19.3% $68.4M Staff Benefits - 20.9% $74.3M Faculty Salary - 26.7% $95.1M Tenured - 16.1% $57.3M Tenure Track - 5.2% $18.4M Graduate Assistant Salary - 3.0% $10.6M Non-tenurable - 5.4% $19.4M Classified Salary - 7.3% $26.1M Unclassified Salary - 17.9% $63.5M 15
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MIAMI UNIVERSITY 2016-2017 BUDGET Regional Campuses General Fund Expenditures (Exclude Scholarships, Fellowships, Fee waivers and General Fees) 18
MIAMI UNIVERSITY 2016-2017 BUDGET VOA Learning Center and Dolibois European Center General Fund Expenditures (Exclude Scholarships, Fellowships, Fee waivers and General Fees) 19
Exhibit 6 Fiscal Year 2016-2017 Educational & General Fund Expenditures & Transfers The General Fund Expenditure Budget displays general fund budgeted expenditures for 2016-2017 for each unit by campus/learning center and by presidential and vice presidential jurisdiction. The General Fund is that portion of the educational and general budget that excludes designated and restricted funds. University Divisions (Oxford Campus): President: This division is made up of various units in addition to the President s Office itself: Commencements & Convocations, Equity & Equal Opportunity, General Counsel, Institutional Relations, Secretary to the Board of Trustees, and Communications, Legislative Liaison. Executive V.P. for Academic Affairs: This division includes the College of Arts & Science; Farmer School of Business; School of Education, Health & Society; School of Engineering & Applied Science; School of Fine Arts; Research, Graduate School & Scholarship; University Libraries; Provost (includes Dolibois European Center-MUDEC); and Scholarships & Financial Aid. V.P. for Finance & Business Services: Finance & Business Services is the steward of Miami University s human, fiscal, and physical resources. The division includes the Budget Office; Business Services; Physical Facilities; the Controller s Office/Accounting; HR; Internal Audit/Consulting Services; Payroll; MU Police; Purchasing/Central Services; and Treasury Services. V.P. for Information Technology Services: The IT Division provides a wide variety of technological services in support of Miami s strategic mission; including academic & institutional support, business & infrastructure services, enterprise information systems, risk, security & compliance, and strategic communications & planning. V.P. of Student Affairs: The Student Affairs Division provides various types of support to students to assist in their success at Miami University. V.P. for University Advancement: In addition to Advancement Services, this division includes Alumni Relations, Development, and Western College Alumnae Association. Regionals: Hamilton and Middletown Campuses: At the regional campuses, students can earn a certificate, an associate's or bachelor s degree and/or take courses prior to transferring to Miami s Oxford campus or other four-year institution for a bachelor's degree. Regional campus students can also complete four-year bachelor's degree programs in various disciplines. Voice of America Learning Center (VOALC): VOA has a wide variety of undergrad courses similar to the two regional campuses mentioned above, and graduate level programs are offered for Education, Health & Society and the Professional MBA program. The Bachelor of Integrative Studies degree is offered at the VOALC as well as Hamilton and Middletown.
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable President President $ - $ - $ - $ - $ 814,521 $ 47,275 $ 221,168 $ 438,601 $ - $ - $ 219,942 $ 1,741,507 $ 1,691,269 Commencement and Convocation - - - - - - - - - - 218,043 218,043 218,043 Program Improvements (to be redistributed) - - - - 337,000 - - 136,485 - - 268,500 741,985 296,350 Equity and Equal Opportunity - - - - 296,597 33,821-133,819 - - 47,446 511,683 524,973 General Counsel - - - - 413,487 38,064-182,878 - - 350,894 985,323 964,785 Institutional Relations - - - - 140,052 - - 56,721 - - 125,650 322,423 317,250 Secretary to the Board of Trustees - - - - 74,186 - - 30,045 - - 78,132 182,363 179,624 University Communications - - - - 2,327,934-104,408 - - 980,711 - - - 2,381,479 5,794,532 5,693,805 TOTAL PRESIDENT - - - - 4,403,777 223,568 221,168 1,959,260 - - 3,690,086 10,497,859 9,886,099 Executive V.P. for Academic Affairs College of Arts & Science Aerospace Studies - - - - - 40,659-15,015 - - 2,928 58,602 56,804 American Culture and English Program - - 26,100 26,100 115,650 - - 43,261 - - - 185,011 195,295 Anthropology 621,054 120,326-741,380-35,547-314,655 - - 1,386 1,092,968 1,045,853 Arts & Science Administration 100,000-2,670,930 2,770,930 2,099,248 131,564 3,198,609 2,689,645 373,314 249,347 6,615,411 18,128,068 14,970,608 Biology 3,304,184 135,218 115,942 3,555,344 612,137 394,486-1,823,325 1,137,059 1,579,199 125,585 9,227,135 8,867,369 Chemistry & Biochemistry 2,011,719 276,338 164,869 2,452,926 264,999 180,093-1,169,797 952,834 1,052,799 65,829 6,139,277 6,001,000 Classics 357,480 - - 357,480 - - - 127,374 - - 400 485,254 460,330 Comparative Religion 349,320 121,848 92,389 563,557-20,824-236,674-83,116 1,037 905,208 836,120 Ecology Research Center - - - - 46,350 - - 18,772 - - 5,901 71,023 69,126 English 2,849,753 690,504 151,783 3,692,040 41,375 157,332-1,571,749 971,928 1,662,314 74,728 8,171,466 8,152,262 French & Italian 498,144 129,688 61,602 689,434-36,462-293,988 95,319 193,937 4,483 1,313,623 1,365,628 Geography 1,022,545 129,061 26,733 1,178,339 58,651 39,416-516,944 131,833 277,052 5,006 2,207,242 1,955,342 Geology 798,231 231,721 95,548 1,125,500 131,760 83,158-542,869 337,172 470,989 10,166 2,701,614 2,584,742 German Russian & East Asian Languages 771,200 199,097 193,916 1,164,213-76,585-498,340 - - 3,049 1,742,187 1,566,080 Global and Intercultural Studies 945,999 260,153 374,902 1,581,054-70,450-668,859 - - 6,000 2,326,363 1,604,284 History 1,793,171 143,497 30,070 1,966,738-49,811-791,108 274,040 498,694 7,894 3,588,285 3,783,924 Institute of Environment & Sustainability - - 47,550 47,550 219,830 42,078-124,754 66,593 138,526 1,500 640,831 609,468 Instrumentation Laboratory - - - - 229,192 - - 88,723 - - - 317,915 307,819 Interactive Language Resource Center - - - - 67,148 - - 27,195 - - - 94,343 90,479 Media Journalism & Film Studies 1,209,211 479,590 491,095 2,179,896 120,813 119,878-955,251 - - 36,874 3,412,712 3,322,438 Mathematics 1,914,304 701,789 154,722 2,770,815-75,400-1,134,295 314,601 498,694 10,868 4,804,673 4,674,173 Microbiology 813,278 210,477 113,021 1,136,776 139,557 99,653-540,206 379,012 526,400 18,471 2,840,075 2,723,384 Naval Science - - - - - 37,523-15,197 - - 2,801 55,521 53,943 Philosophy 537,808 123,606 105,904 767,318-27,997-322,103 63,395 138,526 2,730 1,322,069 1,290,560 Physics 1,021,639 141,701 48,375 1,211,715 58,017 72,711-543,689 284,415 470,989 8,264 2,649,800 2,647,687 Political Science 1,690,828 309,107 147,377 2,147,312-73,694-887,020 140,049 554,288 8,718 3,811,081 4,058,564 Psychology 1,776,065 554,558 295,827 2,626,450 91,019 130,227-1,141,981 660,492 1,052,799 67,019 5,769,987 5,568,309 Sociology & Gerontology 1,266,315 312,009-1,578,324-33,821-635,810 436,988 720,336 7,718 3,412,997 3,448,996 Spanish & Portuguese 868,320 200,180 320,423 1,388,923-33,821-576,211 - - 3,018 2,001,973 1,896,262 Speech Pathology & Audiology 427,225 198,326 147,865 773,416 71,117 70,088-370,422 159,843 470,989 2,572 1,918,447 1,772,835 Statistics 612,113 373,025 50,938 1,036,076 71,509 32,531-441,425 209,737 249,347 9,623 2,050,248 1,923,809 Western Program 328,899 59,402 117,023 505,324 46,680 - - 223,562 - - 5,085 780,651 756,424 SUB-TOTAL 27,888,805 6,101,221 6,044,904 40,034,930 4,485,052 2,165,809 3,198,609 19,350,219 6,988,624 10,888,343 7,115,064 94,226,650 88,659,915 20
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable Farmer School of Business Accountancy 824,137 1,554,198 221,645 2,599,980 61,800 58,931-1,101,888 - - 45,801 3,868,400 3,770,283 Economics 1,531,118 836,312 70,000 2,437,430-58,348-1,010,790 - - 7,723 3,514,291 3,095,659 Farmer School of Business Administration 191,178-1,111,327 1,302,505 2,038,862 381,496 629,430 1,491,806 191,777 914,273 3,025,278 9,975,427 10,374,030 Finance 1,289,454 1,089,180 231,849 2,610,483-35,963-1,071,811 - - 4,523 3,722,780 3,460,510 Highwire Brand Studio - - - - - 18,060-7,314 - - 34,746 60,120 59,655 Information Systems and Analytics 1,801,248 473,007 118,651 2,392,906-34,320-983,027 - - 4,456 3,414,709 3,156,647 Management 1,668,350 839,673 174,901 2,682,924-51,943-1,107,621 - - 6,373 3,848,861 3,654,822 Marketing 1,632,748 799,824 294,874 2,727,446-61,204-1,129,403 - - 5,510 3,923,563 3,784,557 SUB-TOTAL 8,938,233 5,592,194 2,223,247 16,753,674 2,100,662 700,265 629,430 7,903,660 191,777 914,273 3,134,410 32,328,151 31,356,163 College of Education, Health & Society Clinical/Field Experiences - - - - - - - - - - 359,205 359,205 359,205 Education, Health & Society Admin 211,491-1,393,060 1,604,551 1,264,729 289,211 544,835 1,156,036 152,226 332,463 1,907,839 7,251,890 7,227,149 Educational Leadership 1,083,044 469,812 167,338 1,720,194-58,001-701,078 368,224 581,810 17,802 3,447,109 3,312,535 Educational Psychology 976,782 201,942 228,684 1,407,408 105,788 72,573-642,236 124,866 304,758 86,082 2,743,711 2,803,097 Family Studies & Social Work 633,674 221,464 108,413 963,551-54,240-401,191 79,402 166,231 2,277 1,666,892 1,640,265 Kinesiology and Health 1,489,496 410,354 493,980 2,393,830 59,804 152,622-1,010,904 224,970 470,989 6,820 4,319,939 3,957,383 Teacher Education 1,425,931 320,748 445,043 2,191,722 119,261 105,745-978,775 125,759 277,052 16,265 3,814,579 3,638,993 SUB-TOTAL 5,820,417 1,624,320 2,836,518 10,281,255 1,549,582 732,392 544,835 4,890,220 1,075,447 2,133,303 2,396,290 23,603,325 22,938,627 College of Engineering & Computing Chemical & Paper Engineering 810,434 257,939-1,068,373 73,785 45,906-481,166 - - 1,000 1,670,230 1,466,523 Computer Science & Software Engineering 1,084,450 264,487 69,613 1,418,550-43,818-592,259 - - 1,500 2,056,127 1,969,478 Electrical & Computer Engineering 711,409 167,311 71,662 950,382 68,470 40,435-429,011 - - - 1,488,298 1,455,278 Engineering & Applied Science Administra - - 304,355 304,355 862,676 101,248 130,355 500,693 341,529 609,515 584,802 3,435,174 3,377,889 Mechanical & Manufacturing Engineering 1,136,703 232,316-1,369,019 61,773 39,832-595,603 - - - 2,066,227 2,039,515 SUB-TOTAL 3,742,996 922,053 445,630 5,110,679 1,066,704 271,239 130,355 2,598,732 341,529 609,515 587,302 10,716,056 10,308,683 College of Creative Arts Architecture & Interior Design 1,151,476 205,314 101,559 1,458,349 84,035 73,349-622,871 147,795 581,810 37,306 3,005,515 2,904,104 Art 839,625 590,145 47,699 1,477,469 152,503 83,762-687,970 158,567 332,463 30,996 2,923,730 2,967,037 Art Center - - - - - 43,181-17,488 26,428 55,410 12,207 154,714 151,280 Art Museum - - - - 390,914 71,630-187,330 - - 24,513 674,387 655,441 Creative Arts Administration 56,650 70,000 415,665 542,315 668,350 33,397 832,767 744,937 - - 874,327 3,696,093 3,353,537 Music 1,656,546 504,869 173,308 2,334,723 82,686 66,481-997,930 211,424 443,284 32,952 4,169,480 4,043,975 Performing Arts Series - - - - 142,996 21,141-66,475 - - 169,856 400,468 392,717 Theatre 346,994 298,928-645,922 145,259 52,458-341,674 79,284 166,231 14,410 1,445,238 1,434,922 SUB-TOTAL 4,051,291 1,669,256 738,231 6,458,778 1,666,743 445,399 832,767 3,666,675 623,498 1,579,199 1,196,567 16,469,625 15,903,013 21
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable Research, Graduate School & Scholarship Doctoral Dissertation Fellowship - - - - - - - - - 572,188-572,188 560,969 Graduate Summer Fellowships - - - - - - - - - 1,678,144-1,678,144 1,645,240 Instructional Grant Fee Waiver - - - - - - - - - 4,953,460-4,953,460 4,829,173 Research, Graduate School & Scholarship - - 134,106 134,106 1,005,257 139,604 23,513 494,674 622,710 4,185,215 437,227 7,042,306 6,892,028 Scripps Foundation - - - - 236,105 79,872-116,729 15,222 27,705 30,552 506,185 493,404 University Summer Scholars - - - - - - - - - 1,113,128 56,000 1,169,128 1,152,400 Hughes Scholars - - - - - - - - - 175,050-175,050 172,500 Comm. Faculty Research - - - - - - - - 191,790 277,052-468,842 457,824 GR Winter Fee Waivers - - - - - - - - - 104,040-104,040 102,000 SUB-TOTAL - - 134,106 134,106 1,241,362 219,476 23,513 611,403 829,722 13,085,983 523,779 16,669,344 16,305,538 University Libraries Art/Architecture Library - - - - 61,636 67,288-52,214 - - - 181,138 181,252 B.E.S.T. Library - - - - 439,414 191,901-255,683 - - - 886,998 826,422 King Library - - - - 2,767,966 895,600 18,387 1,491,190 60,475 112,108 4,744,506 10,090,232 9,944,795 Music Library - - - - 63,293 72,530-55,008 - - - 190,831 185,207 SUB-TOTAL - - - - 3,332,309 1,227,319 18,387 1,854,095 60,475 112,108 4,744,506 11,349,199 11,137,676 Provost Center for American & World Cultures - - 52,727 52,727 144,596 - - 79,916 - - 69,225 346,464 331,696 Center for Enhancement of Learning & Teach - - - - 95,381 73,445-68,375 - - 107,371 344,572 401,026 Dolibois European Center (MUDEC) - Oxford - - - - 97,130 - - 39,338 - - 16,495 152,963 148,987 Global Learning Initiatives - - - - 498,591 67,517-229,274 - - 55,258 850,640 712,788 International Student and Scholar Services - - - - 215,775 - - 87,389 - - 32,105 335,269 477,195 Liberal Education - - - - 63,934 38,979-41,680 - - 22,043 166,636 162,667 McGuffey Museum - - - - - - - - - - 4,500 4,500 4,500 Office of Institutional Research - - - - 169,499 - - 68,647 - - 39,354 277,500 269,447 Office of elearning - - - - 502,336 - - 203,446 - - 66,405 772,187 767,641 Study Abroad - - - - - - - - - - - - 7,351 Secretary of the University - - - - - - - - - - - - 45,521 University Honors Program - - 38,178 38,178 330,864 43,805-167,203 - - 196,931 776,981 769,570 VP for Academic Affairs-Provost - - 1,038,259 1,038,259 1,504,605 263,677 495,381 1,337,279 - - 1,128,945 5,768,146 3,738,991 Program Improvements (to be redistributed) - - - - - - - - - - - - 160,000 SUB-TOTAL - - 1,129,164 1,129,164 3,622,711 487,423 495,381 2,322,547 - - 1,738,632 9,795,858 7,997,380 TOTAL ACADEMIC DIVISION 50,441,742 15,909,044 13,551,800 79,902,586 19,065,125 6,249,323 5,873,276 43,197,551 10,111,072 29,322,724 21,436,550 215,158,208 204,606,995 22
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable V.P. for Enrollment Management and Student Success Admission - - - - 1,536,459 64,688-640,065 24,738 55,410 1,418,846 3,740,206 3,068,164 Bursar - - - - 382,910 310,611-280,875 - - 184,850 1,159,246 1,281,569 Enrollment Management & Student Success - - - - 804,171 65,984 198,510 432,810 - - 1,884,461 3,385,936 3,582,108 Office of Enrollment Management - - - - 1,028,091 254,270-519,356 - - 103,500 1,905,217 1,748,488 Office of the University Registrar - - - - 832,246 126,360-388,235 - - 82,736 1,429,577 1,391,897 Office of Student Financial Assistance - - - - 873,978 141,565-411,295 - - 169,949 1,596,787 1,576,994 Office of Career Services - - - - 628,383 159,973-315,785 12,369 27,705 69,373 1,213,588 1,052,876 Operations, Communication, and Technolog - - - - - - - - - - - - 567,500 SUB-TOTAL - - - - 6,086,238 1,123,451 198,510 2,988,421 37,107 83,116 3,913,715 14,430,558 14,269,596 Scholarships & Financial Aid Miami Scholarships - - - - - - - - - 67,225,398-67,225,398 55,447,656 Fees Waived, Foreign Student - - - - - - - - - 2,283,907-2,283,907 1,600,000 Transfer Cohort - - - - - - - - - 2,765,000-2,765,000 1,900,000 Cohort Financial Aid Discounts Total - - - - - - - - - 72,274,305-72,274,305 58,947,656 Evans Scholars - - - - - - - - - 656,000-656,000 406,000 Fee Waivers, Graduate - - - - - - - - - 538,927-538,927 528,360 Fee Waivers, University - - - - - - - - - 571,421-571,421 560,217 Fee Waivers, Undergraduate Winter - - - - - - - - - 1,248,480-1,248,480 1,224,000 Fee Waivers, Miami Tribe - - - - - - - - - 1,028,558-1,028,558 708,390 Fee Waivers, Out of State - - - - - - - - - 690,711-690,711 657,168 Fee Waivers, Study Abroad - - - - - - - - - 520,200-520,200 510,000 Fee Waivers, Athlete Out of State - - - - - - - - - 2,814,589-2,814,589 2,759,401 Fee Waivers, ROTC Room Board - - - - - - - - - 305,445-305,445 279,456 Harrison Scholars - - - - - - - - - 900,000-900,000 900,000 Honors Program, Summer Fee Waviers - - - - - - - - - 318,362-318,362 312,120 Liaoning Normal Univ. ESL Students - - - - - - - - - 204,000-204,000 200,000 Luxembourg Waiver - - - - - - - - - 98,817-98,817 96,879 Miami Access - - - - - - - - - 1,000,000-1,000,000 1,000,000 Music Department Scholarships - - - - - - - - - 728,000-728,000 728,000 College Credit Plus - - - - - - - - - 306,000-306,000 300,000 Fifth Year and Summer Scholarships - - - - - - - - - 250,000-250,000 250,000 Pathwanys Grant - - - - - - - - - 100,000-100,000 81,878 S.E.O.G - - - - - - - - - 330,000-330,000 330,000 TEAM, K-12 Ohio Educators - - - - - - - - - 1,340,932-1,340,932 1,314,639 Underwater Scholarship Support - - - - - - - - - 100,000-100,000 100,000 Other Student Financial Assistance - - - - - - - - - 300,000-300,000 300,000 SUB-TOTAL - - - - - - - - - 14,350,442-14,350,442 13,546,508 TOTAL ENROLLMENT MANAGEMENT AND STUDENT SUCCESS TOTAL ENROLLMENT MANAGEMENT AND STUDENT SUCCESS WITHOUT COHORT FINANCIAL AIDS DISCOUNT - - - - 6,086,238 1,123,451 198,510 2,988,421 37,107 86,707,863 3,913,715 101,055,305 86,763,760 - - - - 6,086,238 1,123,451 198,510 2,988,421 37,107 14,433,558 3,913,715 28,781,000 27,816,104 23
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable V.P. for Finance & Business Services VP of Finance Endowment Management Fee - - - - - - - - - - 508,250 508,250 508,250 Finance and Business Services - - - - 554,275 107,732 285,049 546,085 - - 423,064 1,916,205 1,563,061 Associate VP for Finance Accounts Payable - - - - 174,311 194,247-149,266 - - 34,090 551,914 557,805 Air Transportation Services - - - - - - - - - - 170,500 170,500 170,500 Controllers Office - - - - 46,000 16,216-25,197 - - 54,652 142,065 146,300 General Accounting - - - - 579,233 81,785-264,573 - - 16,738 942,329 911,811 Purchasing & Central Services - - - - 588,917 35,147-252,746 - - 22,982 899,792 876,649 Treasury Services - - - - 419,047 24,324-179,565 - - 72,209 695,145 666,702 University Mail Services - - - - 65,750 103,643-68,604 - - 90,587 328,584 321,379 Associate VP for Budgeting & Analysis University Budget - - - - 412,940 - - 167,241 - - 21,619 601,800 603,732 Associate VP for Physical Facilities Building & Special Services - - - - 135,100 3,579,664 522,608 1,699,049 - - 258,038 6,194,459 6,219,821 Building Maintenance - - - - 455,245 4,220,910-1,893,842 - - (1,279,868) 5,290,129 4,889,201 Environmental Health & Safety - - - - 477,174 16,078 234,705 199,767 - - 75,759 1,003,483 772,930 Grounds - - - - 83,754 1,054,020-460,798 - - 348,250 1,946,822 1,869,856 Information Systems Management - - - - 80,898 - - 32,764 - - 71,329 184,991 71,329 Operation of Motor Vehicles - - - - - 185,752-67,463 - - 162,928 416,143 399,192 Physical Facilities - - - - 493,267 69,430-227,892 - - 533,507 1,324,096 1,533,487 Planning, Architecture & Engineerng - - - - 1,497,003 40,394-603,767 - - 51,023 2,192,187 1,987,104 Purchased Utilities - - - - - - - - - - 13,140,016 13,140,016 13,279,424 Recycling - - - - - - - - - - - - 38,975 Special Facilities - - - - - 452,316-183,188 - - 206,041 841,545 766,375 Training & Staff Development - - - - - - - - - - 78,177 78,177 78,177 Trucking & Special Services - - - - 63,112 222,066-111,428 - - 14,112 410,718 399,667 Human Resources Department - - - - 716,683 75,234-320,726 - - 129,759 1,242,402 1,107,542 Human Resources Administration - - - - 232,181 98,550 166,598 133,946 - - 129,300 760,575 560,932 HR Benefit Services - - - - 55,029 75,795-52,984 - - 14,177 197,985 186,595 HR Labor Relations - - - - 108,406 29,557-55,875 - - 57,100 250,938 226,062 HR Staff Development - - - - 108,049 79,830-76,091 - - 141,307 405,277 434,483 Payroll Services - - - - 100,493 77,376-72,037 - - 43,858 293,764 277,154 Internal Audit & Consulting Svcs - - - - 229,189 - - 92,822 - - 54,809 376,820 359,438 Miami University Police - - - - 843,242 1,660,147-997,083 - - 209,146 3,709,618 3,464,295 TOTAL FINANCE & BUSINESS SERVICES - - - - 8,519,298 12,500,213 1,208,960 8,934,799 - - 15,853,459 47,016,729 45,248,227 24
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable V.P. for Information Technology Services Computing & Communication Service - - - - 2,998,507 173,534-1,284,677 - - 1,011,872 5,468,590 5,337,387 Information Systems & Services - - - - 2,370,198 - - 959,930 - - - 3,330,128 2,858,724 Information Security Office - - - - 212,817 - - 86,191 - - - 299,008 219,545 Information Technology Services - - - - 821,405 61,875 409,628 523,628 - - 2,241,158 4,057,693 4,461,446 IT Accessibility Services - - - - 224,914 54,631-113,216 - - 31,350 424,111 Office of the Deputy CIO - - - - 1,341,874 115,279-590,147 - - - 2,047,300 2,383,827 Offive of the VP of IT - - - - - - - - - - 109,300 109,300 178,500 Support Services & Campus Partnerships - - - - 47,478 - - 19,229 - - - 66,707 - TOTAL INFORMATION TECHNOLOGY - - - - 8,017,193 405,319 409,628 3,577,018 - - 3,393,680 15,802,837 15,439,429 V.P. for Student Affairs VP of Student Affairs - - - - 821,030 103,872 66,806 399,074 - - 130,031 1,520,813 1,500,734 Assoc VP & Dean of Students - - - - 70,900 - - 28,715 12,369 27,705 111,022 250,711 309,871 Ethics & Student Conflict Resolution - - - - 122,634 59,648-73,824 - - 20,999 277,105 274,734 Residence Life Program - - - - 1,210,467 51,199-510,975 288,274 722,092 (2,752,981) 30,026 12,552 Scholastic Assistance - - - - 388,900 110,178-202,127 68,762 138,526 134,943 1,043,436 1,045,787 Scholastic Enhancement Program - - - - - - - - - - - - 36,593 GLBT Programming - - - - 47,550 - - 19,258 - - 8,751 75,559 73,873 Assistant VP Student Health Services - - - - - - - - - - - - - Health Education - - - - 108,750 - - 44,044 - - 23,618 176,412 172,197 Student Counseling Services - - - - 896,346 66,165-387,696 32,086 55,410 65,566 1,503,269 1,487,054 Women's Center - - - - 73,250 51,230-50,414 - - 48,671 223,565 219,388 Women's Services Programs - - - - 54,700 - - 22,154 - - 4,000 80,854 71,019 Assistant VP Student Leadership - - - - 38,588 - - 15,628 12,369 27,705 2,856 97,146 94,504 Alexander Office of Fraternal Life - - - - 173,600 34,632-84,334 12,369 27,705 16,751 349,391 285,885 Community Engagement and Service - - - - 153,750 37,336-73,250 - - 26,027 290,363 304,145 Community Outreach Program - - - - - 40,874-12,489 - - 8,000 61,363 61,158 Student Activities and Leadership - - - - 85,250 38,881-50,273 12,369 27,705 28,237 242,715 290,223 Heritage - - - - - 15,844-6,417 - - 15,721 37,982 37,324 Office of Diversity Affairs - - - - 173,575 31,866-83,204 - - 41,020 329,665 322,840 Student Organizations - - - - 876 - - 355 - - 1,761,463 1,762,694 1,991,633 Student Disability Services - - - - 510,751 - - 206,854 - - 89,564 807,169 700,391 TOTAL STUDENT AFFAIRS - - - - 4,930,917 641,725 66,806 2,271,085 438,598 1,026,849 (215,741) 9,160,239 9,291,905 V.P. for University Advancement VP of University Advancement - - - - 844,458 288,268 19,444 466,629 - - 51,483 1,670,281 1,388,981 Advancement Services - - - - 545,074 125,065-271,406 - - 109,020 1,050,565 960,368 Development - - - - 1,554,643 212,701-715,774 - - 162,793 2,645,911 2,614,213 Office of Alumni Relations - - - - 680,343 183,955-340,503 - - 54,910 1,259,711 1,529,477 Western College Alumnae Association - - - - 21,615 65,769-35,391 - - 228 123,003 104,425 TOTAL UNIVERSITY ADVANCEMENT - - - - 3,646,133 875,758 19,444 1,829,703 - - 378,434 6,749,471 6,597,464 25
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Oxford Campus -------------------------------------------------------------------- Salaries ----------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified Uncommitted Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable Division Non-Specific Institutional Liability & Property Insurance - - - - - - - - - - 1,184,589 1,184,589 1,104,249 Institutional Membership & Miscellaneous - - - - - - - - - - 585,940 585,940 448,494 University Contingency & Other - - - - - 150,621-61,002 - - 2,626,534 2,838,157 3,071,505 University Personnel Programming - - 203,000 203,000 562,825 678,520-557,858 - - - 2,002,203 1,661,209 Auxiliary Administrative Service Charge - - - - - - - - - - (5,552,400) (5,552,400) (5,137,792) Inter-Campus Indirect Cost - - - - - - - - - - (3,032,890) (3,032,890) (2,968,932) Budget Reductions/Adjustments - - - - 163,133 - - 66,069 - - 1,082,607 1,311,809 1,248,636 FLSA Support - - - - 1,000,000 - - 405,000 - - 595,000 2,000,000 - TOTAL DIVISION NON-SPECIFIC - - 203,000 203,000 1,725,958 829,141-1,089,929 - - (2,510,620) 1,337,408 (572,631) Transfers Mandatory Transfers Out (Debt Service) - - - - - - - - - - 7,883,690 7,883,690 5,222,213 Non-Mandatory Transfers General Fee - - - - - - - - - - 45,909,512 45,909,512 30,151,928 Renewals & Replacements - - - - - - - - - - 7,980,000 7,980,000 7,980,000 Other Transfers - - - - - - - - - - 2,937,161 2,937,161 1,427,110 TOTAL TRANSFERS - - - - - - - - - - 64,710,363 64,710,363 44,781,251 TOTAL OXFORD CAMPUS $ 50,441,742 $ 15,909,044 $ 13,754,800 $ 80,105,586 $ 56,394,639 $ 22,848,498 $ 7,997,791 $ 65,847,766 $ 10,586,777 $ 117,057,436 $ 110,649,926 $ 471,488,419 $ 422,042,500 TOTAL OXFORD CAMPUS WITHOUT COHORT FINANCIAL AID DISCOUNTS $ 50,441,742 $ 15,909,044 $ 13,754,800 $ 80,105,586 $ 56,394,639 $ 22,848,498 $ 7,997,791 $ 65,847,766 $ 10,586,777 $ 44,783,131 $ 110,649,926 $ 399,214,114 $ 363,094,844 Dolibois European Center (MUDEC) Academic Support Dolibois European Center Admin $ - $ - $ - $ - $ 800,631 $ - $ - $ 330,367 $ - $ - $ 369,716 $ 1,500,714 $ 1,420,475 Instruction & Departmental Research Dolibois European Center 171,290-372,645 543,935 - - - 216,522 - - 23,240 783,697 632,406 Institutional Support MUDEC Appropriation Unit - Perm - - - - - - $ 3,466 1,404 - - - 4,870 3,763 Total Dolibois European Center 171,290-372,645 543,935 800,631-3,466 548,293 - - 392,956 2,289,281 2,056,644 TOTAL OXFORD CAMPUS AND DOLIBOIS EUROPEAN CENTER (MUDEC) TOTAL OXFORD CAMPUS AND DOLIBOIS EUROPEAN CENTER (MUDEC) WITHOUT COHORT FINANCIAL AID DISCOUNTS $ 50,613,032 $ 15,909,044 $ 14,127,445 $ 80,649,521 $ 57,195,270 $ 22,848,498 $ 8,001,257 $ 66,396,059 $ 10,586,777 $ 117,057,436 $ 111,042,882 $ 473,777,700 $ 424,099,144 $ 50,613,032 $ 15,909,044 $ 14,127,445 $ 80,649,521 $ 57,195,270 $ 22,848,498 $ 8,001,257 $ 66,396,059 $ 10,586,777 $ 44,783,131 $ 111,042,882 $ 401,503,396 $ 365,151,488 26
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Hamilton Campus ---------------------------------------------------------------------- Salaries ---------------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified All Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable Uncommitted College of Liberal Arts and Applied Sciences Instruction & Departmental Research Biological Sciences $ 488,789 $ - $ 33,174 $ 521,963 $ 93,285 $ - $ - $ 235,371 $ - $ - $ 10,000 $ 860,619 $ 871,203 Commerce 165,534 125,507 125,238 416,279-33,630-156,404 - - 7,500 613,813 596,514 Computer & Information Technology 142,914 259,252 121,495 523,661 10,533 17,375-170,577 - - 7,500 729,646 774,208 Education & Society - 111,306 100,000 211,306 - - - 85,579 - - 5,000 301,885 283,694 Engineering & Technology 231,361 105,046 45,039 381,446 21,568 59,849-145,092 - - 22,500 630,455 639,464 Humanities & Creative Arts 500,846 126,148 183,832 810,826-16,661-312,968 - - 10,000 1,150,455 1,136,698 Interdisc. & Communication Studies 155,938 119,172 82,751 357,861 - - - 135,286 - - 19,000 512,147 498,025 Justice & Community Studies 239,303 272,867 40,628 552,798 - - - 214,133 - - 7,500 774,431 750,827 Languages, Literature & Writing 472,695 66,773 277,008 816,476 - - - 296,300 - - 5,000 1,117,776 1,071,437 Mathematical & Physical Science 430,118 131,723 141,742 703,583-29,765-276,576 - - 10,000 1,019,924 1,065,552 Nursing 728,902 78,001-806,903 46,843 90,085-365,801 - - 23,551 1,333,183 1,265,451 Regl Central Campus - - 2,765,000 2,765,000 - - - 456,225 - - 115,000 3,336,225 2,875,126 Social & Behavioral Science 179,298 188,092 84,893 452,283 - - - 173,562 - - 10,000 635,845 616,849 SUB-TOTAL 3,735,698 1,583,887 4,000,800 9,320,385 172,229 247,364-3,023,874 - - 252,551 13,016,403 12,445,048 Academic Support Regl Academic Affairs Support - - - - 7,910 - - 3,204 - - 80,134 91,248 136,924 Regl Academic Programs - - - - - - - - - - 58,250 58,250 78,250 Regl Centers - - - - - - - - - - 9,000 9,000 11,500 Regl Development - - - - 127,163 - - 51,501 - - 2,550 181,214 181,513 Regl IT Support - - - - 221,456 89,691-126,015 - - 566,123 1,003,285 677,118 Regl Libraries - - - - 197,902 64,979-100,863 - - 210,450 574,194 568,011 SUB-TOTAL - - - - 554,431 154,670-281,583 - - 926,507 1,917,191 1,653,316 Institutional Support Regl Business Services - - - - - 136,282-55,194 - - 267,833 459,309 778,099 Regl Centers - - - - 66,399 - - 26,892 - - 5,000 98,291 95,573 Regl Central Campus - - 25,000 25,000 110,016 89,500-76,529 - - 1,966,081 2,267,126 2,259,243 Regl Dean's Office - 58,066 (587,938) (529,872) 798,503 197,240 363,555 73,793 - - 463,377 1,366,596 1,182,630 Regl Public Relations - - - - 116,378 40,040-63,349 - - 287,000 506,767 545,139 Regl Public Safety - - - - - - - - - - 260,000 260,000 260,000 SUB-TOTAL - 58,066 (562,938) (504,872) 1,091,296 463,062 363,555 295,757 - - 3,249,291 4,958,089 5,120,684 Student Services Regl Diversity & Student Support - - - - 32,477 27,997-24,492 - - 39,675 124,641 121,983 Regl Enrollment & Admissions - - - - 317,470 211,911-214,400 - - 51,680 795,461 925,865 Regl Financial Assistance - - - - 87,418 29,162-47,215 - - 24,820 188,615 - Regl Student Services - - - - 946,591 191,652-443,931 - - 200,200 1,782,374 1,731,646 SUB-TOTAL - - - - 1,383,956 460,722-730,038 - - 316,375 2,891,091 2,779,494 27
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Hamilton Campus ---------------------------------------------------------------------- Salaries ---------------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified All Benefits Teach Assoc Fee Waivers Costs TOTAL Budget Tenured Tenure Track Non-Tenurable Uncommitted Scholarships & Fellowships Community Award - - - - - - - - - 175,000-175,000 175,000 Instructional Grant Fee Waiver - - - - - - - - - 10,000-10,000 10,000 International Program Waiver - - - - - - - - - 20,000-20,000 20,000 Non Resident Targeted Waivers - - - - - - - - - 100,000-100,000 100,000 College Credit Plus - - - - - - - - - 368,638-368,638 368,638 Undergraduate Fees Waived - - - - - - - - - 50,000-50,000 50,000 SUB-TOTAL - - - - - - - - - 723,638-723,638 723,638 Public Serivce Regl Centers - - - - 67,230 - - 27,228 - - 89,500 183,958 186,207 Plant Operation & Maintenance Physical Facilities - - - - 80,802 505,900-237,615 - - 170,807 995,124 971,875 Purchased Utilities - - - - - - - - - - 673,000 673,000 696,000 SUB-TOTAL - - - - 80,802 505,900-237,615 - - 843,807 1,668,124 1,667,875 Transfers Mandatory Transfers Out (Debt Service - - - - - - - - - - - - - Non-Mandatory Transfers General Fee - - - - - - - - - - 435,461 435,461 435,461 Renewals & Replacements - - - - - - - - - - - - - Other Transfers - - - - - - - - - - 289,057 289,057 2,116,388 SUB-TOTAL - - - - - - - - - - 724,518 724,518 2,551,849 TOTAL HAMILTON CAMPUS $ 3,735,698 $ 1,641,953 $ 3,437,862 $ 8,815,513 $ 3,349,944 $ 1,831,718 $ 363,555 $ 4,596,095 $ - $ 723,638 $ 6,402,549 $ 26,083,012 $ 27,128,112 TOTAL HAMILTON CAMPUS WITHOUT COHORT FINANCIAL $ 3,735,698 $ 1,641,953 $ 3,437,862 $ 8,815,513 $ 3,349,944 $ 1,831,718 $ 363,555 $ 4,596,095 $ - $ - $ 6,402,549 $ 25,359,374 $ 26,404,474 AID DISCOUNTS Percentages by University Budget Unit - Hamilton Campus Instruction & Departmental Research 49.9% Scholarships & Fellowships 2.8% Academic Support 7.4% Public Service 0.7% Institutional Support 19.0% General Fee and Other Transfers 2.8% Student Services 11.1% Total 100.0% Plant Operation & Maintenance 6.4% 28
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Middletown Campus --------------------------------------------------------------------- Salaries --------------------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified All Benefits Teach Assoc Fee Waivers Costs Total Budget Tenured Tenure Track Non-Tenurable Uncommitted College of Liberal Arts and Applied Sciences Instruction & Departmental Research Biological Sciences $ 526,876 $ - $ 19,013 $ 545,889 $ 33,512 $ - $ - $ 230,094 $ - $ - $ 10,000 $ 819,495 $ 800,013 Commerce 175,051 117,262 55,240 347,553-19,802-127,783 - - 7,500 502,638 482,311 Computer & Information Technology 229,414-49,271 278,685-19,802-107,836 - - 7,500 413,823 409,635 Education & Society 159,777 55,693 50,263 265,733 - - - 107,622 - - 5,000 378,355 369,543 Engineering & Technology 74,180 155,961 56,547 286,688 21,642 45,864-120,484 - - 22,500 497,178 530,551 Humanities & Creative Arts 344,678 39,326 118,635 502,639 - - - 185,229 - - 10,000 697,868 682,741 Interdisc. & Communication Studies - 60,154 45,383 105,537 - - - 42,742 - - 9,500 157,779 153,716 Justice & Community Studies - - - - - - - - - - 7,500 7,500 5,000 Languages, Literature & Writing 456,442 57,061 313,845 827,348 - - - 290,298 - - 5,000 1,122,646 1,099,390 Mathematical & Physical Science 216,319 98,050 283,633 598,002 54,399 - - 248,937 - - 10,000 911,338 899,991 Nursing 369,987 175,370 102,904 648,261 121,848 30,784-324,362 - - 17,500 1,142,755 1,120,687 Regl Central Campus - - 1,825,000 1,825,000 - - - 301,125 - - 110,000 2,236,125 1,848,276 Social & Behavioral Science 383,984 122,058-506,042 - - - 204,947 - - 43,380 754,369 785,561 SUB-TOTAL 2,936,708 880,935 2,919,734 6,737,377 231,401 116,252-2,291,459 - - 265,380 9,641,869 9,187,416 Academic Support Regl Academic Affairs Support - - - - 9,270 44,387-19,507 - - 152,974 226,138 199,880 Regl Academic Programs - - - - - - - - - - 6,000 6,000 6,000 Regl Centers - - - - - - - - - - 179,049 179,049 179,049 Regl Development - - - - 127,163 39,520-67,507 - - 15,346 249,536 252,083 Regl IT Support - - - - 142,437 28,621-69,278 - - 417,290 657,626 453,616 Regl Libraries - - - - 201,148 62,650-106,838 - - 184,404 555,040 548,745 SUB-TOTAL - - - - 480,018 175,178-263,130 - - 955,063 1,873,389 1,639,373 Institutional Support Regl Academic Affairs Support - - - - - - - - - - - - 65,633 Regl Business Services - - - - - 161,585-65,442 - - 176,365 403,392 534,934 Regl Central Campus - - 18,000 18,000 118,822 88,000-78,093 - - 1,296,369 1,599,284 1,322,815 Regl Dean's Office - - (1,140,942) (1,140,942) 693,505 109,432 368,841 (183,922) - - 346,756 193,670 32,160 Regl Public Relations - - - - 169,374 - - 52,835 - - 96,944 319,153 326,024 Regl Public Safety - - - - - - - - - - 228,481 228,481 229,032 SUB-TOTAL - - (1,122,942) (1,122,942) 981,701 359,017 368,841 12,448 - - 2,144,915 2,743,980 2,510,598 Separately Budgeted Research Regl Centers - - - - - - - - - - 9,000 9,000 11,500 Student Services Regl Diversity & Student Support - - - - 32,477 - - 13,153 - - 49,537 95,167 113,795 Regl Enrollment & Admissions - - - - 243,426 167,752-162,862 - - 51,714 625,754 731,419 Regl Financial Assistance - - - - 40,448 29,162-28,192 - - 11,200 109,002 - Regl Student Services - - - - 621,271 69,482-250,799 - - 187,763 1,129,315 1,252,436 SUB-TOTAL - - - - 937,622 266,396-455,006 - - 300,214 1,959,238 2,097,650 29
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - Middletown Campus --------------------------------------------------------------------- Salaries --------------------------------------------------------------------------- Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Budget Unit Faculty Faculty Total Unclassified Classified All Benefits Teach Assoc Fee Waivers Costs Total Budget Tenured Tenure Track Non-Tenurable Uncommitted Scholarships & Fellowships Community Award - - - - - - - - - 175,000-175,000 175,000 Instructional Grant Fee Waiver - - - - - - - - - 10,000-10,000 10,000 Non Resident Targeted Waivers - - - - - - - - - 25,000-25,000 25,000 Post-Secondary Fee Waiver - - - - - - - - - 620,638-620,638 620,638 Undergraduate Fees Waived - - - - - - - - - 35,000-35,000 35,000 SUB-TOTAL - - - - - - - - - 865,638-865,638 865,638 Plant Operation & Maintenance Physical Facilities - - - - 104,386 473,283-229,052 - - 389,433 1,196,154 1,192,299 Purchased Utilities - - - - - - - - - - 412,500 412,500 453,500 SUB-TOTAL - - - - 104,386 473,283-229,052 - - 801,933 1,608,654 1,645,799 Public Service Middletown Campus-Admin - - - - - - - - - - 7,650 7,650 4,000 SUB-TOTAL - - - - - - - - - - 7,650 7,650 4,000 Transfers Mandatory Transfers Out - - - - - - - - - - 274,494 274,494 254,792 Non-Mandatory Transfers General Fee - - - - - - - - - - 157,837 157,837 157,837 Renewals & Replacements - - - - - - - - - - - - - Other Transfers - - - - - - - - - - 289,057 289,057 288,691 SUB-TOTAL - - - - - - - 721,388 721,388 701,320 TOTAL MIDDLETOWN CAMPUS $ 2,936,708 $ 880,935 $ 1,796,792 $ 5,614,435 $ 2,735,128 $ 1,390,126 $ 368,841 $ 3,251,095 $ - $ 865,638 $ 5,205,543 $ 19,430,806 $ 18,663,293 TOTAL MIDDLETOWN CAMPUS WITHOUT COHORT FINANCIAL AID $ 2,936,708 $ 880,935 $ 1,796,792 $ 5,614,435 $ 2,735,128 $ 1,390,126 $ 368,841 $ 3,251,095 $ - $ - $ 5,205,543 $ 18,565,168 $ 17,797,655 DISCOUNTS Percentages by University Budget Unit - Middletown Campus Instruction & Departmental Research 49.6% Scholarships & Fellowships 4.5% Academic Support 9.6% Public Service 0.0% Institutional Support 14.1% General Fee and Other Transfers 3.7% Student Services 10.1% Total 100.0% Plant Operation & Maintenance 8.3% 30
Miami University Exhibit 6 2016-2017 Educational & General Fund Expenditure and Transfer Budget - VOA Learning Center & GRAND TOTAL ------------------------------------------------------------------- Salaries ------------------------------------------------------------------ Staff Grad Asst Scholarships/ Support 2016-2017 2015-2016 Faculty Faculty Total Unclassified Classified All Uncommitted Benefits Teach Assoc Fee Waivers Costs Total Budget Tenured Tenure Track Non-Tenurable Academic Support Information Technology Operations $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 37,500 $ 37,500 $ 37,500 SUB-TOTAL - - - - - - - - - - 37,500 37,500 37,500 Instruction & Departmental Research VOA Appropriation Unit - Perm - - - - - - 2,804 1,135 - - - 3,939 3,600 Institutional Support Administrative and General - - - - 196,809 38,272-95,209 - - 3,674 333,964 335,465 Alumni & Development - - - - - - - - - - 10,250 10,250 10,250 Data & Telecommunication - - - - - - - - - - 32,000 32,000 32,000 Insurance - - - - - - - - - - 3,000 3,000 3,000 Marketing & Promotion - - - - - - - - - - 24,000 24,000 24,000 Memberships & Sponsorships - - - - - - - - - - 3,000 3,000 3,000 Postage - - - - - - - - - - 4,000 4,000 4,000 Printing & Copying Services - - - - - - - - - - 6,500 6,500 6,500 Safety & Security 21,000 21,000 21,000 SUB-TOTAL - - - - 196,809 38,272-95,209 - - 107,424 437,714 335,465 Student Services VOA Student Services - - - - - - - - - - 4,500 4,500 4,500 SUB-TOTAL - - - - - - - - - - 4,500 4,500 4,500 Plant Operation & Maintenance Physical Facilities - - - - - - - - - - 128,000 128,000 128,000 Purchased Utilities - - - - - - - - - - 59,900 59,900 59,900 SUB-TOTAL - - - - - - 187,900 187,900 187,900 Transfers Mandatory Transfers Out - - - - - - - - - - 484,375 484,375 481,750 Non-Mandatory Transfers - Renewals & Replacements - - - - - - - - - - 35,300 35,300 35,300 SUB-TOTAL - - - - - - 519,675 519,675 517,050 TOTAL VOA LEARNING CENTER $ - $ - $ - $ - $ 196,809 $ 38,272 $ 2,804 $ 96,344 $ - $ - $ 856,999 $ 1,191,228 $ 1,189,765 GRAND TOTAL $ 57,285,438 $ 18,431,932 $ 19,362,099 $ 95,079,469 $ 63,477,151 $ 26,108,614 $ 8,736,457 $ 74,339,593 $ 10,586,777 $ 118,646,712 $ 123,507,973 $ 520,482,747 $ 471,080,313 GRAND TOTAL WITHOUT COHORT FINANCIAL AID DISCOUNTS $ 57,285,438 $ 18,431,932 $ 19,362,099 $ 95,079,469 $ 63,477,151 $ 26,108,614 $ 8,736,457 $ 74,339,593 $ 10,586,777 $ 44,783,131 $ 123,507,973 $ 446,619,168 $ 410,543,381 31
Exhibit 7 Fiscal Year 2016-2017 Auxiliary Enterprise Revenues, Expenditures and Transfers This statement includes all budgeted auxiliary enterprise current fund revenues, expenditures and transfers. Designated and restricted funds associated with auxiliary enterprises are included. Prior year budget is also included for comparison purposes.
Miami University Exhibit 7 2016-2017 Auxiliary Enterprise Revenues, Expenditures and Transfers Auxiliary Designated Restricted 2016-2017 Total 2015-2016 Funds Funds Funds All Funds-Auxiliaries Budget I. REVENUES Housing, Dining, Recreation & Business Services Residence and Dining Halls $ 107,228,472 $ - $ 105,000 $ 107,333,472 $ 99,211,340 (HDRBS) Shriver Center 23,338,675 45,000 30,000 23,413,675 27,239,128 Marcum Conference Center 1,531,274 20,000 3,000 1,554,274 1,534,562 Goggin Ice Center 1,711,300 1,160,000 2,000 2,873,300 4,507,940 Recreational Sports Center 3,231,940-50,000 3,281,940 3,465,860 Total HDRBS Revenues 137,041,661 1,225,000 190,000 138,456,661 135,958,830 Other Auxiliaries Intercollegiate Athletics 7,075,535 488,820 1,477,805 9,042,160 8,854,062 Millett Hall (Student Facilities) 33,662 - - 33,662 33,000 Transportation Services 2,270,000 - - 2,270,000 4,521,824 Aviation Services 143,006 - - 143,006 148,106 Student Health Service 2,641,260 - - 2,641,260 2,252,538 Armstrong Student Center 110,500-3,000 113,500 3,918,177 Utility Enterprise (shown as expense recoveries below) - - - - - Other Transfer In 853,821 - - 853,821 899,727 TOTAL AUXILIARY ENTERPRISES REVENUES & TRANSFERS 150,169,445 1,713,820 1,670,805 153,554,070 156,586,264 II. EXPENDITURES Housing, Dining, Recreation & Business Services Residence and Dining Halls 60,485,349-105,000 60,590,349 59,711,752 (HDRBS) Shriver Center 22,439,975 45,000 30,000 22,514,975 25,080,036 Marcum Conference Center 1,513,802 20,000 3,000 1,536,802 1,510,639 Goggin Ice Center 3,574,374 1,160,000 2,000 4,736,374 6,115,447 Recreational Sports Center 6,352,580-50,000 6,402,580 4,673,226 Total HDRBS Revenues 94,366,080 1,225,000 190,000 95,781,080 97,091,100 Other Auxiliaries Intercollegiate Athletics 25,150,448 488,820 1,477,805 27,117,073 26,452,482 Millett Hall (Student Facilities) 511,662 - - 511,662 413,758 Transportation Services 2,699,830 - - 2,699,830 2,649,333 Aviation Services 208,215 - - 208,215 219,731 Student Health Service 1,434,876-3,000 1,437,876 2,242,345 Armstrong Student Center 2,627,588 - - 2,627,588 1,526,687 Utility Enterprise - Recoveries (23,900,761) - - (23,900,761) (23,774,159) Expenditures 15,743,333 - - 15,743,333 15,870,503 118,841,271 1,713,820 1,670,805 122,225,896 122,691,780 III. TRANSFERS-OUT/(IN) Mandatory Transfers Out Debt Service 42,581,890 - - 42,581,890 42,904,107 Non-Mandatory Transfers General Fee (35,341,452) - - (35,341,452) (26,158,914) Non-Mandatory Transfers Other Transfers 24,087,736 - - 24,087,736 17,149,291 Total Auxiliary Enterprises Transfers 31,328,174 - - 31,328,174 33,894,484 TOTAL AUXILIARY ENTERPRISES EXPENDITURES & TRANSFERS $ 150,169,445 $ 1,713,820 $ 1,670,805 $ 153,554,070 $ 156,586,264 32
Exhibit 8 Fiscal Year 2016-2017 Auxiliary Enterprises Operating Budget (All Funds) The Auxiliary Enterprises Budget displays income, expenditures, and transfers for each auxiliary enterprise in more detail. Housing, Dining, Recreation & Business Services Residence & Dining Halls: Provides Miami University with housing, dining, and various guest services. Shriver Center: Shriver Center houses the Bookstore, Box Office, food service, convenience store, and other student services. Marcum Conference Center: Marcum Center accommodates Miami visitors and students, faculty, and staff with its guest rooms, meeting/banquet space, & food services. It is used primarily for conferences, workshops, meetings, receptions, banquets, and overnight stays. Goggin Ice Center: In addition to being the location of Miami RedHawks Ice Hockey team, Goggin is available for public skating, skating lessons & camps, junior RedHawks teams, figure skating, synchronized skating, intramural sports, and hockey/skating clubs. Recreational Sports Center: This center has various sporting activities and facilities available for students, faculty, staff, and the public. They include aquatics, club sports, the equestrian center, fitness center, group fitness classes, intramurals, kids activities, and the outdoor pursuit center. Other Auxiliaries Intercollegiate Athletics: ICA supports the Miami sports teams that compete, including Baseball, Basketball, Football, Golf, Ice Hockey, Soccer, Swimming, Tennis, Track, Cheerleading, Field Hockey, Precision Skating, Softball, & Volleyball. Millett Hall (Student Facilities): This facility is used as a multi-purpose arena primarily for athletics, performing arts, lectures, and exhibitions. Transportation Services: This auxiliary includes the Miami Metro Bus service, Parking facilities, the Campus Avenue Garage and North Campus Garage. Aviation Services: The Miami University airport s main role is to serve the aviation needs of the University, parents, local recreational pilots, and to support local and business activities. Among the services are secure aircraft storage and fuel sales. Student Health Service: This auxiliary provides outpatient care to all students enrolled in at least one class on any of Miami s campuses. Services include general medicine & injury care, gynecology, immunizations, laboratory and pharmacy. Utility Enterprise: Utility Enterprise provides utility services to the University (steam, chilled water, electricity, water, sewer, gas, fuel oil, & propane).
MIAMI UNIVERSITY Exhibit 8 2016-2017 Auxiliary Enterprises Operating Budget (All Funds) Revenue Housing, Dining, Recreation & Business Services (HDRBS) Residence and Shriver Marcum Goggin Ice Recreational Total Dining Halls Center Conf Center Center Sports Center HDRBS Student Fee $ 101,131,143 $ - $ - $ - $ 388,100 $ 101,519,243 Other Operating 6,097,329 23,338,675 1,531,274 1,711,300 2,843,840 35,522,418 Designated & Restricted Revenues 105,000 75,000 23,000 1,162,000 50,000 1,415,000 Subtotal Revenues 107,333,472 23,413,675 1,554,274 2,873,300 3,281,940 138,456,661 Transfer In 27,000 9,000-2,000 6,000 44,000 General Fee - 913,124-4,286,039 3,890,157 9,089,320 Total Sources 107,360,472 24,335,799 1,554,274 7,161,339 7,178,097 147,589,981 Expenditures Salaries Unclassified 2,972,716 1,346,396 272,271 683,590 1,538,108 6,813,081 Classified 10,433,131 1,476,159 290,318 411,540 517,977 13,129,125 Grad Asst/Teach Assoc - - - - - - Staff Benefits 5,302,085 1,063,223 190,986 439,540 802,352 7,798,186 Athletic Grants-in-Aid - - - - - - Utility Chargeouts - - - - - - Support Cost 41,777,417 18,554,197 760,227 2,039,704 3,494,143 66,625,688 Designated &Restricted Expenditures 105,000 75,000 23,000 1,162,000 50,000 1,415,000 Subtotal expenditures 60,590,349 22,514,975 1,536,802 4,736,374 6,402,580 95,781,080 Debt Service Principal 14,965,280 33,682-1,539,054-16,538,016 Interest 18,943,479 13,537-288,895-19,245,911 Total Uses 94,499,108 22,562,194 1,536,802 6,564,323 6,402,580 131,565,007 Transfers Out Contingency Repairs & Replacements 12,597,496 1,773,605 17,472 547,016 725,517 15,661,106 Other Non-mandatory Transfers 263,868 - - 50,000 50,000 363,868 Total Transfers $ 12,861,364 $ 1,773,605 $ 17,472 $ 597,016 $ 775,517 $ 16,024,974 Surplus/(Deficit) - - - - - - 33
MIAMI UNIVERSITY Exhibit 8 2016-2017 Auxiliary Enterprises Operating Budget (All Funds) Revenue Inter- Millett Hall Student 2016-2017 2015-2016 collegiate (Student Transportation Aviation Health Armstrong Utility TOTAL TOTAL Athletics Facilities) Services Services Services Student Center Enterprise BUDGET BUDGET Student Fee Revenue $ - $ - $ - $ - $ - $ - $ - $ 101,519,243 $ 95,592,609 Other Operating Revenue 7,075,535 33,662 2,270,000 143,006 2,641,260 110,500-47,796,381 48,052,676 Designated &Restricted Revenues 1,966,625 - - - - 3,000-3,384,625 4,158,686 Subtotal Revenues 9,042,160 33,662 2,270,000 143,006 2,641,260 113,500-152,700,249 147,803,971 Transfer In 194,612-550,000 65,209 - - - 853,821 899,727 General Fee 17,930,301 960,689 2,500,954 - - 4,860,188-35,341,452 34,041,480 Total Sources 27,167,073 994,351 5,320,954 208,215 2,641,260 4,973,688-188,895,522 182,745,178 Expenditures Salaries Unclassified 7,413,995-1,000 58,567 508,908 193,990 370,818 15,360,359 14,912,824 Classified 360,519-238,275-177,065 30,295 1,249,058 15,184,337 13,939,410 Grad Asst/Teach Assoc - - - - - - - - - Staff Benefits 3,083,067-82,811 23,720 277,819 89,703 654,835 12,010,141 11,249,591 Athletic Grants-in-Aid 6,710,012 - - - - - - 6,710,012 6,026,032 Utility Chargeouts - - - - - - (23,900,761) (23,900,761) (23,774,159) Support Cost 7,582,855 511,662 2,377,744 125,928 1,663,796 1,120,888 13,468,623 93,477,184 96,179,396 Designated &Restricted Expenditures 1,966,625 - - - - 3,000-3,384,625 4,158,686 Subtotal expenditures 27,117,073 511,662 2,699,830 208,215 2,627,588 1,437,876 (8,157,428) 122,225,896 122,691,780 Debt Serivce Principal - 353,215 1,238,859 - - 1,188,761 1,655,516 20,974,367 19,105,579 Interest - 49,058 342,163 - - 1,261,239 709,152 21,607,523 23,798,528 Total Uses 27,117,073 913,935 4,280,852 208,215 2,627,588 3,887,876 (5,792,760) 164,807,786 165,595,887 Transfers Out Contingency Repairs & Replacements - 80,416 1,040,102-13,672 944,652 5,792,760 23,532,708 16,754,291 Other Non-mandatory Transfers 50,000 - - - - 141,160-555,028 395,000 Total Transfers $ 50,000 $ 80,416 $ 1,040,102 $ - $ 13,672 $ 1,085,812 $ 5,792,760 $ 24,087,736 $ 17,149,291 Surplus/(Deficit) - - - - - - - - - 34
Chart N MIAMI UNIVERSITY 2016-17 BUDGET Oxford Campus Auxiliary Revenue 35