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2012 BUDGET

2012 BUDGET. http://mubudget.missouri.edu/. Funding Sources Fiscal Year 2012. 15.2% 0.8% 1.0% 1.9% 0.8% 10.0% 11.2% 1.8% 3.2% 54.0% 100%. Tuition Supplemental Fees Mizzou Online & Cont. Education Other Student Fees Federal Appropriations State Appropriations

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2012 BUDGET

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  1. 2012BUDGET http://mubudget.missouri.edu/

  2. Funding SourcesFiscal Year 2012 • 15.2% • 0.8% • 1.0% • 1.9% • 0.8% • 10.0% • 11.2% • 1.8% • 3.2% • 54.0% • 100% Tuition Supplemental Fees Mizzou Online & Cont. Education Other Student Fees Federal Appropriations State Appropriations Grants & Contracts Recovery of Indirect Costs Gifts, Endowments & Investment Income “Enterprise” Operations* Total Revenue *See the following slide for detail • $308,438,776 • 16,967,979 • 20,509,461 • 38,068,343 • 16,572,476 • 202,918,910 • 227,142,000 • 36,500,000 • 65,819,575 • 1,094,832,199 • 2,027,769,719

  3. “Enterprise” Operations • Hospitals & Clinics • University Physicians • University Stores • Residential Life • Athletics • Campus Dining • Research Reactor • Agriculture • Parking • KOMU • Office of Research/Patent & Royalty • Other • $666,992,680 • 152,820,993 • 56,679,302 • 42,042,298 • 43,052,163 • 26,758,098 • 10,807,480 • 9,976,868 • 7,865,000 • 7,428,622 • 3,146,901 • 34,259,269 • $1,094,832,199 • 60.9% • 14.0% • 5.2% • 3.8% • 3.9% • 2.4% • 1.0% • 0.9% • 0.7% • 0.7% • 0.3% • 6.1% • 100%

  4. Funding SourcesTotal: $2 B • “Enterprise” Operations - $1,094M • Hospitals and Clinics • University Physicians • Athletics • Bookstore • Housing and Dining Services • Restricted - $322M • Restricted appropriations • Grant and contracts • Gifts • Endowment distributions • Internally Designated - $101M • Mizzou Online • ITF, Health & Activity fees • College Course fees • General Operating - $510M • Tuition • State support • Grant & contract indirect costs

  5. General Operating SourcesTotal: $510M • General Operations • Core budget for on-campus teaching and support services State Appropriations $166M Tuition $308M Indirect Cost $37M

  6. State Appropriations ChangesFY11-FY13

  7. Money Tree Hospital, KOMU, Athletics, Bookstore Rec. Ctr., ITF, Student Health Gifts & Grants Federal Appropriations General Operating State Support Tuition

  8. Change in General Operating Funding Sources 27% 70% 3 % TUITION STATE SUPPORT

  9. State Support Falls Short of Inflation2001-2011 $ Millions $332M $247M $179M

  10. State Support to Higher EducationFY 2011 National Comparison* Appropriation per Capita Ranking 24 7 26 45 18 15 21 16 12 *Information obtained from the Grapevine Report published by Illinois State University

  11. State Support to Higher EducationFY 2011 Appropriation per Capita Ranking* BOTTOM TEN • Michigan • Ohio • Pennsylvania • Rhode Island • Missouri • Oregon • Arizona • Colorado • Vermont • New Hampshire *Information obtained from the Grapevine Report published by Illinois State University

  12. State Support to Higher EducationFY 2011 Appropriation per Capita Ranking* TOP TEN • Wyoming • Alaska • North Dakota • North Carolina • New Mexico • Hawaii • Nebraska • Mississippi • Louisiana • Alabama *Information obtained from the Grapevine Report published by Illinois State University

  13. Balancing BudgetWith Declining State Support • $18M Non-Salary Reduction • Hiring Freeze • $5.5M Cut in Unit Budgets (FY11) • Tuition Increase • Enrollment • Non-Resident Student Recruitment • International Student Recruitment • Retention Strategies • Financial Aid Strategies

  14. Tuition & Fee Comparison2010 – 2011 Institution AAU Public AAU Public & Private Big XII Big Ten University of Missouri-Columbia University of Missouri-Columbia (FY12 increase of 5.8%) Combined Tuition & Fees • Highest • $15,250 • $43,814 • $29,824 • $40,223 • Lowest • $5,044 • $5,044 • $6,779 • $7,417 • Average • $9,683 • $22,449 • $9,674 • $13,463 • $8,501 • $8,994 Source: AAUDE Annual Academic Year Tuition and Required Fees 2010-11 Composite Report

  15. Financial AidFY 2010 Institutional Sources Federal Sources State of MO Sources Other Outside Sources Total Aid Student Employment at MU Federal Loans Alternative Loans Total Loans Grand Total $93,000,000 27,000,000 12,000,000 10,000,000 $142,000,000 $51,000,000 179,000,000 9,000,000 $188,000,000 $381,000,000

  16. Mizzou Online • 100 Years of Distance Education Programs • 8,000 Students Served Annually • 80% from Missouri • Degree & Certificate Options (57) • 2nd in the Big XII • More than any Big Ten school • 554 Courses Offered • $17M in Fee Revenue

  17. Intercollegiate AthleticsAcademic Performance • 2.98 overall student-athlete GPA. (Record Performance) • 11 sports above a 3.00 team GPA. • 253 (54%) student-athletes received a 3.00 or higher GPA. (Record Performance) • MU achieved a 2010 Graduation Success Rate of 80%. (Record Performance) • MU finished second in the conference with 6 sport teams leading the Big 12 conference in APR and 10 of 20 sport programs finished in the top three in the conference in their respective sport.

  18. ICA Self-SufficiencyDivision I Comparison • No subsidies at: • Texas • Texas A&M • OU • Ohio St. • Michigan • Purdue • Nebraska • MU tied for 16th lowest out of 220 (4%) • MU at 4% with Alabama, Georgia, Florida, Michigan St. Source: “Athletics Subsidies at Division I Schools.” USA Today. 23 June. 2011. <http://www.usatoday.com/sports/college/2011-06-23-2011- athletic-department-subsidy-table_n.htm>

  19. ICA Self-SufficiencyDivision I Comparison • 4% • 5% • 5% • 6% • 10% • 10% • 12% • 12% • 15% • 17% • 24% • 25% • 39% • 42% • 60% • 75% • 78% • $2.7M • $4.0M • $3.6M • $5.5M • $5.9M • $8.0M • $13.5M • $8.8M • $7.3M • $12.1M • $9.3M • $13.7M • $5.6M • $26.9M • $34.1M • $6.6M • $8.6M • Select Others • MU • Illinois • KU • Wisconsin • Texas Tech • Minnesota • Tennessee • N. Carolina • Colorado • Cal • Wash St. • Maryland • Mo State • Rutgers • UNLV • SEMO • UMKC Source: “Athletics Subsidies at Division I Schools.” USA Today. 23 June. 2011. <http://www.usatoday.com/sports/college/2011-06-23-2011- athletic-department-subsidy-table_n.htm>

  20. Economic Impact $370,000,000 110,000,000 $480,000,000 $16,000,000 • Federal Funds • Nonresident Tuition • Total (Plus: Gifts, Endowments, Foundation/Industry Grants, Clinical Trials) • MU’s Weekly Payroll • Construction Spending • Ten Year Average of $100,000,000 • Currently over $400,000,000 in progress, planning or design • Faculty are “small businesses”

  21. 2012BUDGET http://mubudget.missouri.edu/

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