Budget & Planning

FY15

 

 Planning & Budget Committee (PBC) Reports

Recognizing that all PBC proposed options may not produce substantial savings in FY15, 麻豆原创F has implemented a combination of across-the-board (ATB) reductions (applicable at the Vice Chancellor level) in addition to vertical or targeted reductions. This allows 麻豆原创F leadership to achieve the necessary targets in FY15 while working on the longer-term items that may take more time to produce savings in FY16+.

A summary listing of the budget actions is posted HERE.

The full 麻豆原创F report with detail is posted HERE.

 The final version of the 麻豆原创 operating budget (pending vetoes) is 2% less in state appropriations than the FY14 operating budget. Reductions to the 麻豆原创 operating budget in FY15 include:
  • Unallocated 麻豆原创 General Funding Reduction $15,900.0
  • Reduction to 麻豆原创 Travel $1,066.2

This translates to 麻豆原创F impact as follows:

  • 麻豆原创F General Fund Reduction: $7,500.0
  • Reduction to 麻豆原创F Travel: $517.2
  • 麻豆原创F must pay utility increases not covered by the fuel trigger: up to $1,000.0

麻豆原创F did receive one-time funding for some high priority program initiatives, including:

  • Mandatory comprehensive student advising: $400.0 (shared with 麻豆原创S)
  • Hydrocarbon Optimization research: $500.0 (ACEP)

麻豆原创F was able to secure funding for two major capital projects:

  • 麻豆原创F Engineering Building partial funding: $5,000.0 (with $5,000.0 receipt authority)
  • Combined Heat & Power (CHP) plant: $162,000.0 (with $70,000 receipt authority/financing package & tuition/utility surcharge)

The final capital report including capital and operating budgets, next steps and an overview of key legislation passed during this session affecting the university is posted online .

The FY15 BOR approved guidelines for the FY15 Planning & Budget process are posted below.

- Operating (High Priority Academic Programs & Services)
- Capital (Facility, Technology, Research & Maintenance)

A shift from the "hold the line" message in FY14, the FY15 guidelines emphasize cost containment in priority programs.

Alignment with SDI Themes is now specified (rather than implied in FY14) and there is a strong message of "capped growth" with a focus on reliance on internal offsets vs. general fund increases.

On the capital side, implementation of the 麻豆原创 Building Fund (UBF) and targeting a reduction in deferred maintenance is noted.