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University of Michigan - Flint
Budget Model ResultsFiscal Year 2011
Introduction
• Prior budget system featured central control and fixed budgets
• Current budget system is variable with decentralized decision-making
• Current system began in July 2005
• This report summarizes results for the fifth year under the current system.
Annual Budget Cycle
Current year budget
Compare budget to actual performance
Gather information regarding changes to next year’s revenue
and expenditures
Model a balanced budget and get Regent
approval
Allocate marginal revenue to
departmental groups at the start of the new
fiscal year
Allocation of Marginal Revenue
Change in Tuition RevenueAllocate based on predetermined % to Academic and Support units
Change in FeesAllocate 100% to unit owning fee
Change in State AppropriationsAllocate based on % of total budget
Change in Other RevenueAllocate based on % of total budget
Academic UnitsCAS, SEHS, SHPS, SOM, OEL
Dean determines appropriate allocation method within unit
Support UnitsChancellor, Provost, Associate Provost,
VCBF, DSAExecutive Officer determines appropriate
allocation method within unit
General Administration
•Systems contracts•Business operations
recharge•Unemployment
compensation•Tuition reimbursement•Utilities (Electricity,
Natural Gas, Fuel Oil, Water & Sewer)
Academic Units
•LEO salary increases•Faculty promotion
increases•Any initiatives applicable
to academic units
Support Units
•Student aid increase•Union salary increases•Any initiatives applicable
to support units
Unavoidable Costs, Initiatives and Student AidFunded by all units, based on % of total budget
Settlement ProcessTiming of Transfers• Fees – each semester• Special programs – each semester• Tuition – end of year
Updates• Provided during the year
Setting FY 2011 Budget Revenue Targets:
• Undergraduate – assumed tuition up 3.9% and enrollment up 4%
• Graduate – assumed tuition up 2.9% and enrollment up 4.8%
Change in State Appropriations
Change in Fixed Costs Note: Fixed costs include utilities, debt service payments,
maintenance contracts, business operations and insurance recharges.
FY 2011 Results
Actual Budgeted Difference
State Appropriations $ 20.9M $ 20.8M $ 0.1M
Tuition & Fee Revenue 70.7M 67.6M 3.1M
Other Revenue 0.9M 0.6M 0.3M
Total $ 92.5M $ 89.0M $ 3.5M
• Total General Fund revenue above budget: $3.5M
General Fund Budget:Actual Revenue vs. Budgeted
Revenue
$0M
$20M
$40M
$60M
$80M
$100M
FY07 FY08 FY09 FY10 FY11
General Fund Budget History
Actual Budget
State Appropriations:Actual vs. Budget
$0M
$20M
$40M
$60M
$80M
FY07 FY08 FY09 FY10 FY11
State Appropriations History
Actual Budget
Tuition & Fee Revenue:Actual vs. Budget
$0M
$20M
$40M
$60M
$80M
FY07 FY08 FY09 FY10 FY11
Tuition & Fee Revenue History
Actual Budget
Tuition & Fee Revenue Results
$0M
$5M
$10M
$15M
$20M
$25M
$30M
$35M
$40M
$45M
FY 2007 FY 2008 FY 2009 FY 2010 FY 2011
College of Arts & Sciences
Actual Revenue Revenue Target Budget (Including Year End Settlement)
Tuition & Fee Revenue Results
$0M
$1M
$2M
$3M
$4M
$5M
$6M
FY 2007 FY 2008 FY 2009 FY 2010 FY 2011
School of Education & Human Services
Actual Revenue Revenue Target Budget (Including Year End Settlement)
Tuition & Fee Revenue Results
$0M
$2M
$4M
$6M
$8M
$10M
$12M
$14M
FY 2007 FY 2008 FY 2009 FY 2010 FY 2011
School of Health Professions & Studies
Actual Revenue Revenue Target Budget (Including Year End Settlement)
Tuition & Fee Revenue Results
$0M
$1M
$2M
$3M
$4M
$5M
$6M
$7M
$8M
FY 2007 FY 2008 FY 2009 FY 2010 FY 2011
School of Management
Actual Revenue Revenue Target Budget (Including Year End Settlement)
Summarized Results for Support Units
* Includes Chancellor, Provost, Associate Provost, Vice Chancellor for Business & Finance, and Division of Student Affairs.
$0M
$5M
$10M
$15M
$20M
$25M
$30M
$35M
$40M
FY07 FY08 FY09 FY10 FY11
Budget History for Non-Revenue Generating Units*
Base Budget + Fee Allocation Additional Funds from Year End Settlement
Resources
VCBF Office Dave Barthelmes
Financial Services Jerry GlascoChristy
BrownellShelbie Perrin
Website http://www.umflint.edu/vcbf/Budget%20Model.htm
Questions