Fy2015 supplemental operating budget
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FY2015 Supplemental Operating Budget. FY2015 Operating Budget Board of Trustees Meeting – June 27 , 2014. Supplemental Budget Impacts. State 2014 supplemental legislative session EWU supplemental budget changes for FY2015 Resident Undergraduate Tuition Changes from original 2013-15 budget.

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FY2015 Supplemental Operating Budget

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Fy2015 supplemental operating budget

FY2015 Supplemental Operating Budget

FY2015 Operating Budget

Board of Trustees Meeting – June 27, 2014


Supplemental budget impacts

Supplemental Budget Impacts

  • State 2014 supplemental legislative session

  • EWU supplemental budget changes for FY2015

    • Resident Undergraduate Tuition

    • Changes from original 2013-15 budget


Supplemental legislative session state funding

Supplemental Legislative Session State Funding

Support for STEM programs $1,000,000

The legislature did not pass a supplemental capital budget. The original capital budget remains unchanged for FY2015


Gf state funding per fte student

GF-State Funding per FTE Student

Source: Data based on GFS allocations and OFM budgeted state enrollments.

2015projections based on original budget.

Actual FTE funding based on GFS allocations and Annual Average state enrollments. 2015 projections based on original budget FTE at 10,250.


Key funding sources state funds and student tuition

Key Funding Sources State Funds and Student Tuition

Over last 5 years, the state funding/student tuition balance in operating budget funding sources has shifted completely.

62%


Fy2015 supplemental operating budget1

FY2015 Supplemental Operating Budget


2013 15 operating tuition fee assumptions

2013-15 Operating (Tuition) Fee Assumptions

10,272 FY2014 budgeted Annualized Average Full Time Equivalent Students

10,246 FY2014 actual Annualized Average Full Time Equivalent Students


Fy2015 university operating budget revenues all funds

FY2015 University Operating BudgetRevenues- All Funds

Service Funds variance due to closure of the Print Shop in FY 2014


Fy2015 university operating budget expenditures all funds

FY2015 University Operating BudgetExpenditures – All Funds

Service Funds variance due to closure of the Print Shop in FY 2014


Student technology fee

Student Technology Fee

  • Student Technology Fee is $35 per quarter

  • All students taking 6 or more credits are assessed the full student technology fee

  • Allocation of resources is recommended by the Student Technology Fee Committee

  • Fee funds general and open access student computing labs replacement and renewal of equipment and operations, key technology services such as student email and other web services.

  • Annual replacement of 250-350 computers along with software, printers, storage, servers

  • Software renewal

  • Investment in the storage area network

  • New investments in library technology, digital signage, universal access software, and recording studio

Expenses exceed revenues due to use of cash from prior year revenue


Fy2013 15 service funds budgets

FY2013-15 Service Funds Budgets

  • Service funds provide goods and services to other university units.

  • The funds finance their own asset renewal and replacement

  • Funds may have planned use of cash reserves due to cyclical nature of the work

  • Printing operations end in FY 2014


Fy 2013 15 auxiliary funds budgets

FY 2013-15 Auxiliary Funds Budgets

These funds finance their own asset renewal and replacement


Student service and activity fee fund

Student Service and Activity Fee Fund

No increase in general SA Fee

Revenue decrease due to change from 2015 original budget enrollment estimate


Student service and activity fee

Student Service and Activity Fee


Scholarships and fellowships

Scholarships and Fellowships

  • Scholarships and Fellowships include funds for student aid programs, some federal and state aid programs and privately endowed scholarships.

  • Funding levels assumed to remain relatively flat year-to-year.

  • Total increases driven by assumed enrollment growth rates.


Sponsored programs grants contracts

Sponsored Programs (Grants & Contracts)

Funding and contracts are dependent on state and federal agency funding levels as well as the ability of local governmental and private agencies need for contracted services..


Board action for fy2015 supplemental operating budget

Board Action for FY2015 Supplemental Operating Budget


Action items

Action Items

  • 6% Reduction of Resident Undergraduate Tuition

  • Revised expenditure level for FY2015


Fy2015 university operating budget expenditures all funds1

FY2015 University Operating BudgetExpenditures – All Funds

Service Funds variance due to closure of the Print Shop in FY 2014


Looking forward to the 2015 17 biennium

Looking Forward to the 2015-17 biennium

Constrained Financial Environment

  • $2B gap in projected state of Washington budget

  • Future of tuition authority

  • Legislative focus on fund balances (Fund 149- operating fees and Fund 148- special revenue fund)

  • Impact of flattening enrollments

  • Inflationary costs

  • Continued investment in Strategic Plan


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