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Texas Public University Cost Study

Texas Public University Cost Study. Charge. To develop a defensible and acceptable “Instruction and Operations Formula” Matrix Table Sub-Charge – Develop discipline and level comparative analysis (i.e. show how much it cost schools to provide different types and levels of education).

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Texas Public University Cost Study

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  1. Texas Public University Cost Study April, 2005

  2. Charge • To develop a defensible and acceptable “Instruction and Operations Formula” Matrix Table • Sub-Charge – Develop discipline and level comparative analysis (i.e. show how much it cost schools to provide different types and levels of education) April, 2005

  3. Instruction & Operations Formula Funding • ~60% of State Appropriation to Universities provided via I&O Formula • Current Formula: • Rate ($51.25) * Relative Weight * SCH • Relative Weights & SCH by Level & Discipline • Relative Weight are Average Statewide Cost per Level & Discipline • “Relative” to LD-UG Liberal Arts = 1.00 April, 2005

  4. University Cost Study Methodology • Devise an acceptable approach to a cost study that would: • Identify appropriate cost categories • Reconcile to the Institutions’ Annual Financial Reports • Allocate costs in a fair and equitable manner back to level and discipline April, 2005

  5. Five Cost Centers Plus Capital Outlay (All Current Funds) • Instruction (aka “Faculty Salaries”) • Academic Support • Institutional Support • Student Services • Research (aka “Departmental Operating Expenses”) • Annual, undepreciated Capital Expense for each of the five cost centers April, 2005

  6. Faculty Salaries • Every institution provided the following information for each faculty member: • Salary (100%) only for faculty actually teaching (includes TA’s that are teaching) • Teaching Load Credit*, or % of effort, each faculty member receives for each course taught • By Discipline and Level of Course (e.g. Undergraduate Liberal Arts, Master’s in Science, Doctoral Fine Arts, Special Professional in Law) * TLC is Institution-Specific April, 2005

  7. Academic Support and Capitalized Equipment • Includes support services for Instruction & Research, Academic Administration (Deans), Libraries, Museums • Reconciled to the institution’s AFR • Allocated to Level & Discipline w/ results of Faculty Salary Distribution • Include undepreciated capital outlay • Use all sources of funds April, 2005

  8. Institutional Support • Includes Central Executive Management (President), Fiscal Operations • Reconciled to the institution’s AFR • Allocated to Level using Headcount and to Discipline using unweighted SCH • Include undepreciated capital outlay • Use all sources of funds April, 2005

  9. Student Services • Includes Admissions and Registrars Office • Reconciled to the institution’s AFR • Allocated to Level using Headcount and to Discipline using unweighted SCH • Include undepreciated capital outlay • Use all sources of funds April, 2005

  10. Departmental Operation Expense to Include Research • Includes Research Expenses, all elements of Instruction NOT captured in Faculty Salaries • Charge to an I&O academic discipline using the institution’s departmental budget designations and institutional judgment • Allocation is Institution Specific using SCH, Faculty Salaries, or combination April, 2005

  11. Summary Using these steps each institution will end up with: • All of their non-infrastructure E&G related operating costs allocated to their academic disciplines and levels of instruction • All their semester credit hours allocated to their academic disciplines April, 2005

  12. Final Steps • Sum the five cost centers by level and discipline for all institutions • Divide total costs allocated to each academic discipline and level of instruction by the corresponding SCH to get “Cost per SCH”, which are the calculated weights for the I&O matrix April, 2005

  13. Discipline and Level Analysis • Allows for comparisons between institutions • Total Costs Basis • Discipline Basis • Level Basis April, 2005

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