2007-2008 legislative budget request mark b. rosenberg chancellor board of governors state...

2007-2008 Legislative 2007-2008 Legislative Budget RequestBudget Request

Mark B. RosenbergChancellor

Board of GovernorsBoard of Governors

State University System of FloridaState University System of Florida

August 10, 2006

Presentation OverviewPresentation Overview

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Introduction Chancellor Rosenberg

Overview Mr. Tim Jones

Access & Funding Dr. Nate Johnson & Mr. Jones

21st Century Infrastructure Dr. R.E. LeMon

Medical Education Initiative Dr. LeMon

BOG Budget Mr. Jones

What Have We Done?What Have We Done?

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• 60,700 degrees awarded (44,700 bachelor degrees), up 24% in five years.

• Hispanic student enrollment up 8.4% in just one year, up 174% since 1990.

• Two new medical schools established.

• $622 million in federal research expenditures in FY 05, up $31 million (5%) in one year, and $1.2 billion in total research expenditures.

SUS Success StoriesSUS Success Stories

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• Association of University Technology Managers’ “Better World Project”:

Five Florida research projects featured in the project’s 2006 publication, “Technology Transfer Works: 100 Cases from the Field”--more than any other state, and all from SUS institutions.

Today’s GoalsToday’s Goals

• Adopt a 2007-2008 SUS LBR.

• Adopt a 2007-2008 Tuition Policy.

• Adopt a 2007-2008 BOG Office LBR.

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Overview of the State of Overview of the State of Florida’s Florida’s

2006-2007 Budget 2006-2007 Budget Investment Investment

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2006-2007 State Investment2006-2007 State InvestmentOperating & Fixed Capital Operating & Fixed Capital

Outlay - Outlay - $71 Billion$71 Billion

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General Government,

$5.3

Natural Resources,

Environment, Transportation,

$14.5

Criminal Justice, $4.2

Judicial, $0.5

Education, $23.0Health &

Human Services, $23.5

2006-2007 State Investment - 2006-2007 State Investment - Operating Only (GR & Lottery) Operating Only (GR & Lottery)

– – $29 Billion$29 Billion

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General Government,

$1.6

Natural Resources,

Environment, Transportation,

$0.6

Criminal Justice, $3.6

Judicial, $0.5

Education, $15.6

Health & Human

Services, $7.6

2006-2007 State Education 2006-2007 State Education Investment Investment

Operating AppropriationOperating Appropriation (GR & Lottery) - $15.6 Billion (GR & Lottery) - $15.6 Billion

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Community Colleges, $1.2

Public Schools, $10.4

SUS, $2.4

Other, $1.2

Early Learning, $0.4

Stopping the SlideStopping the Slide

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10.2%

8.7%

7.0%

7.5%

8.0%

8.5%

9.0%

9.5%

10.0%

10.5%

1981 1991 2003 2004 2005 2006 2007

Economic OutlookEconomic Outlook• Florida remains one of the

nation’s fastest growing states.

• Economy expanding at a more modest pace - slower than the 2004-2005 banner year.

• Population growth the state’s primary engine of economic growth, fueling both employment and income growth.

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Economic OutlookEconomic Outlook

• General revenue collections are expected to grow by 6.0% in Fiscal Year 2007-2008 and another 5.5% in Fiscal Year 2008-2009.

• Over $1.9 billion remains in the state’s coffers after the passage of the 2006-2007 budget.

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Overview of the State Overview of the State InvestmentInvestment

in the SUS – A Look at the in the SUS – A Look at the Educational & General Educational & General

Commitments Commitments

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State Investment - Core SUS State Investment - Core SUS Expenditures by Activity, Expenditures by Activity,

2004-052004-05

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Institutes & Centers, $88.3

Museums/Radio/TV, $18.5

Clinics, $12.2

Extension, $36.9Admin. &

Support, $273.9

Student Svcs., $160.6

PO&M, $246.3

Libraries, $109.5

Inst. & Res., $1,656.7

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Enrollment Plans Enrollment Plans

56,000 More Students by 56,000 More Students by 2012-132012-13

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241,000296,000

352,000307,000

2000-01 2006-07 (est) 2007-08(plan)

2012-13(plan)

Estimated Fall Headcount Based on University Enrollment Plans

How Do We Keep the SUS How Do We Keep the SUS Promise?Promise?

• Average 2.8% enrollment growth for next six years.

• 14,000 more degrees each year, including 10,000 additional bachelor degrees by 2012-13.

Key Question: How will we finance both access and quality?

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Closing Gap from $2.9 to $4.7 Closing Gap from $2.9 to $4.7 Billion in Six YearsBillion in Six Years

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$3,400 $3,100

$500

$700$700

$400

$600 $900

$2,000

2006-07 2012-13 (LowTuition)

2012-13 (NationalAverage Tuition)

State Funds Other Tuition Resident Undergraduates

Revenue Mix Alternatives (Millions)

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LBR Options OverviewLBR Options Overview

• Technical / Ongoing Initiatives.

• Access to the Future.

• 21st Century Infrastructure.

• Medical Education Initiatives.

• University Initiatives.

2121stst Century Infrastructure Century Infrastructure• Florida Center for Library Automation.

• NET Gain. – Nursing.

– Engineering - Pathway for Success.

– Teaching.

• Graduate Assistants - Recruitment & Retention.

• Digital Instructional Resources.

• Nationally Competitive Salaries.

• Major Gifts Matching.Board of Governors, State University System of Board of Governors, State University System of FloridaFlorida

• Medical Education Resolution (Adopted 3/2006) - Supports full funding of current, unfunded, expanded medical school enrollments (and related facilities); FAU/UM partnership; state funding of residencies; approves new schools.

• 2007-2008 LBR Initiatives:

Regional FAU/UM Medical Partnership – Year 3.

Implementation of FIU and UCF Medical Schools.

Quality Medical School Education at Existing Schools.

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Medical Education InitiativesMedical Education Initiatives

• Supporting the SUS Strategic Plan.

• Issues clustered under common themes.

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University Boards of Trustees University Boards of Trustees InitiativesInitiatives

LBR by Strategic Plan GoalLBR by Strategic Plan Goal

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World Class Programs & Research,

$194,000,000

Prof. & Workforce

Needs, $61,000,000

Access, $215,000,000

Community Needs,

$8,900,000

Ongoing Obligations, $26,500,000

Board General OfficeBoard General Office

• 2006-07 Budget Initiatives:

Database modernization project.

Positions to support additional workload.

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2007-2008 LBR Decisions2007-2008 LBR Decisions

• Adopt a 2007-2008 SUS LBR.

• Adopt a 2007-2008 BOG Office LBR.

• Adopt a 2007-2008 Tuition Policy.

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