university of south carolina fy2007-2008 budget board of trustees june 28, 2007
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University of South Carolina
FY2007-2008 BudgetBoard of TrusteesBoard of Trustees
June 28, 2007June 28, 2007
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The University of South Carolina budget presented today is pending final action on the Appropriations bill for the 2007-2008 fiscal year.
The state funds information contained in the preliminary document reflect the final Conference Committee budget and are subject to subsequent action by the Governor.
Tuition and Fees
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Estimated Resident Undergraduate Cost per Semester
Academic Years 2006-07 to 2007-08Academic Academic
Year Dollar Year2006-07 Change 2007-08
I. Total Resident Undergraduate Tuition
-Educational & General 3,038.00 232.00 3,270.00
-Bond & Renovation Revenue 275.00 - 275.00
-Transportation Fee 0.00 10.00 10.00
-Wellness Center 105.00 - 105.00
-Student Activities 68.00 2.00 70.00
-Student Health Center 146.00 5.00 151.00
-Computer Fee 40.00 - 40.00-Athletics Activity 32.00 20.00 52.00
Total Resident Undergraduate Tuition 3,704.00 269.00 3,973.00II. Technology Fee 200.00 0.00 200.00
Total Required Tuition and Fees 3,904.00 269.00 4,173.00
Average University Housing Cost (1)1,640.00 85.00 1,725.00
10 Meal Plan (2)968.00 55.00 1,023.00
Average Book Cost (3)419.00 31.00 450.00
(1) Based on weighted average costs of traditional style housing for FY07 and FY08.(2) Provided by Food Services.(3) Estimate by the USC Financial Aid Office.
Other Student Costs:
Required Tuition and Fees:
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Transportation Fee0.25%
Student Health3.80%
Wellness Center2.64%
Computer Fee1.01%Athletics
1.31%
Bond & Renovation Revenue
6.92%
Student Activities1.76%
Educational & General82.31%
Allocation of Undergraduate Resident TuitionMandated Fee Distribution
2007-08 Proposed
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Required Tuition & Fees per Semester for Full-time Students
Current 2006-07 to Proposed 2007-08
Columbia
Undergraduate - Resident 3,904 4,173 269 - Non-Resident 10,118 10,816 698 - Non-Resident General University Scholarship 3,904 4,173 269
- Non-Resident Departmental Scholarship 5,690 6,082 392 - Non-Resident Athletic Scholarship 8,134 8,162 28
Graduate - Resident 4,344 4,644 300 - Non-Resident 9,158 9,790 632Law - Resident 7,992 8,382 390 - Non-Resident 15,938 16,725 787 - Non-Resident Scholarship 8,826 9,257 431
Medical School
Resident 10,248 11,272 1,024Non-Resident 29,634 29,930 296Non-Resident Scholarship 13,863 14,090 227
DOLLAR CHANGE
Campus CURRENT 2006-07
PROPOSED 2007-08
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Senior & Regional CampusesRequired Tuition & Fees per Semester for Full-time Students
Current 2006-07 to Proposed 2007-08
USC Aiken
Resident 3,335 3,503 168
Non-Resident 6,625 6,961 336
USC Beaufort
Resident 2,862 3,125 263
Non-Resident 6,378 6,956 578
USC Upstate
Resident 3,609 3,880 271Non-Resident 7,328 7,876 548
Regional Campuses - under 75 credit hours
Resident 2,326 2,434 108Non-Resident 5,614 5,890 276
Regional Campuses - 75 or more credit hours
Resident 0 3,533 NEWNon-Resident 0 6,991 NEW
DOLLAR CHANGE
Campus CURRENT 2006-07
PROPOSED 2007-08
Fee Distribution Changes
from FY2007 to FY2008
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Columbia Campus
Transportation Fee - NEW FEE - FT - $10 per semester, PT - $1.50 per credit hour To cover increased cost of operating shuttle bus service across campus
Student Activities - FT increase of $2 from $68 to $70 per semester to cover SGTV - supported by Student Government; PT - $.50 per credit hour
Student Health Center - FT increase of $5 from $146 to $151 per semester as third year of three year approved budget from FY2006Beginning with FY2009 budget development, request will be annual
Athletics - FT increase of $20 from $32 to $52 per semester to cover increased costs for supporting gender equity
Summary of Distribution Changes
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Summary of Distribution ChangesAiken Campus
Student Health – FT increase to $32 per semester to cover inflationary increases and to provide additional 10 hours per week of health services to students; no PT increaseAthletic Activities – FT increase to $190 per semester; PT increase to $17 per credit hour to cover increased cost of Athletic Scholarships in proportion to tuition and fee increases on campusAcademic Support Services - Remove current BMF; academic support services fee will be eliminated; all of these services will be continued within the E&G budget
Beaufort CampusCampus Activities - FT increase to $82 per semester; PT to $9 per credit hour to add intramural and recreational activities for student lifeAthletic Activity -NEW FT rate at $50 per semester; NEW PT rate at $4 per credit hour; to establish athletic activities
Upstate CampusAthletic Activities – FT increase to $442 per semester; PT increase to $37 per credit hour to remove reliance of "A" funds for athletic activities, including salaries; year 2 of 2 phase-in
Lancaster CampusRenovation Reserve - FT increase of $50 per semester to $75; NEW PT $2 per credit hour to cover campus deferred maintenanceAthletic Activities - NEW FT $10 per semester; NEW PT $1 per credit hour to begin athletics program
Salkehatchie CampusCampus Activities - FT increase to $20 per semester; PT increase to $8 per credit hour for additional funding for increased activities and increased enrollmentsAthletic Activities - FT increase athletics fee to $20 per semester; PT to $6.50 per semester to cover athletics programs
Sumter CampusRenovation Reserve - FT increase to $33 per semester; PT increase $2.75 per credit hour for additional funding for facilities projects
Union CampusNo changes proposed
Columbia Campus Budget
FY2008
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USC Columbia – General “A” FundsSummary of Budgetary Changes (FY2007 to
FY2008)
Sources of Funds for Allocation
State AppropriationsNEW - RECURRING - Faculty Excellence Initiative 4,800,000 NEW - RECURRING - Estimated Pay Package, Health Insurance and Retirement 6,094,399 NEW - RECURRING - Below-the-Line Initiatives¹ 2,200,000
NEW - NON-RECURRING - Below-the-Line Initiatives 3,559,375
Student Tuition and FeesStudent Tuition Increase FY 2008 12,075,000
General FundGeneral Fund Unallocated Balance - non-recurring 5,500,000
Funds Available for FY 2008 Allocation 34,228,774
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USC Columbia – General “A” FundsSummary of Budgetary Changes (FY2007 to
FY2008)
Allocation of Funds
State AppropriationsAcademic Programs and Services 4,800,000
State Portion of "A" Fund Pay Package, Health Insurance and Retirement 6,094,399
NEW - Below-the-Line Initiatives 5,759,375
Student Tuition IncreaseAcademic Programs and Services 845,740
Academic Support and Student Affairs Programs 1,345,728
General Institutional Costs and Central Operations 3,360,048
USC Share of "A" Fund Pay Package, Health Insurance and Retirement 5,073,484
Mandated Fee Distributions 1,450,000
General FundNon-recurring from General Fund 1,506,192
FY 2008 Allocation of Funds 30,234,966
Net General Fund Unallocated Carryforward Balance 3,993,808
¹New recurring Below-the-Line items include funding for Palmetto Poison Control, SBDC, & Technology Incubator that were non-recurring in FY07.
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USC Columbia Campus – FY 2008New and Continuing Recurring Funding
Recommendations
Dean's Recruitment 500,000University Libraries 345,740
Total Academic Programs and Services 845,740
Scholarship 4% Fee Waiver Increase - In-State Undergraduate 403,792Student Success Center 94,493Accessibility/Success for Students with Disabilities 145,237Multicultural Student Affairs 124,888Study Abroad/ Campus Internationalization Program 332,510Fellowships and Scholarships 98,106Judicial Programs and Academic Integrity 146,702
Total Academic Support and Student Affairs Programs 1,345,728
Academic Programs and Services
Academic Support and Student Affairs Programs
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USC Columbia Campus – FY 2008New and Continuing Recurring Funding
Recommendations
Utility Increases 965,550Insurance Increase 211,421Law Enforcement and Safety - Safety Enhancements 456,443Law Enforcement and Safety - Emergency Preparation Manager 101,901Facilities - Salary Allocation Plan - Year Two 500,000Facilities - Operation and Maintenance of Public Health Building 482,938Facilities - Thomas Cooper Library - Expansion of Hours 95,470Environmental Health and Safety - Compliance Officer 65,250Environmental Health and Safety - Biosafety Program 49,163Advancement - Web Presence Office 179,354Board of Trustees - Internal Audit and Commencement Ceremony 65,333Office of Human Resources - International Support for Faculty/Staff 37,225Legal Office 150,000
Total General Institutional Costs and Central Operations 3,360,048
General Institutional Costs and Central Operations
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USC Columbia Campus – FY 2008New and Continuing Recurring Funding
Recommendations
University Share of State 3% Salary Increase 1,834,037University Share of Fringe Benefit Cost on 3% Salary Increase 530,894University Share of Retirement and Health Insurance Increases 2,708,553
Total USC Share of Pay Package, Health Insurance and Retirement 5,073,484
Student Health Center 200,000 Student Activities 110,000 Athletics - Student Activity 740,000 Transportation Fee 400,000
Total Mandated Fee Distributions 1,450,000
Mandated Fee Distributions
Pay Package, Health Insurance and Retirement
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USC Columbia Campus – FY 2008New and Continuing Non-Recurring Funding
Recommendations
Accessibility/Success for Students with Disabilities 34,139Multicultural Student Affairs 10,000Study Abroad/ Campus Internationalization Program 40,000Fellowships and Scholarships 12,000Judicial Programs and Academic Integrity 20,000
Total Academic Support and Student Affairs Programs 116,139
Utilities - Franchise Fee 193,053Business & Finance - Computers and Minor Building Repair 48,000Law Enforcement and Safety - Safety Enhancements 1,000,000Law Enforcement and Safety - Emergency Preparation Manager 77,000Facilities - Operation and Maintenance of Public Health Building 12,000Environmental Health and Safety - Compliance Officer 10,000Environmental Health and Safety - Fire Suppression Equipment 40,000Board of Trustees - December 2007 Bicentennial Commencement 10,000
Total General Institutional Costs and Central Operations 1,390,053
General Institutional Costs and Central Operations
Academic Support and Student Affairs Programs
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Source of “A” Funds
I State Appropriated Funds 154,506,679
143,612,280
6,094,399
4,800,000
II Special Below-the-Line Appropriations 10,260,242 Nanotechnology 1,000,000
Hydrogen Fuel Cell Research 1,000,000
Institute for Public Service and Policy Research 716,454
Small Business Development Center 686,534
Freshwater Initiative 500,000
Law Library 344,074
African-American Professors Program 178,805
School of Public Health - Epilepsy 75,000
NEW - Palmetto Poison Control Center (RECURRING) 250,000
NEW - Small Business Development Center (RECURRING) 250,000
NEW - Technology Incubator Project (RECURRING) 200,000
NEW - OneCarolina (RECURRING) 1,500,000
NEW - OneCarolina (NON-RECURRING) 1,500,000
NEW - South Carolina Lightrail (NON-RECURRING) 1,500,000
NEW - SC Institute of Archaeology and Anthropology (NON-RECURRING) 354,375
NEW - EngenuitySC - National Hydrogen Assoc Convention (NON-RECURRING) 100,000
NEW - Gibbes Green Renovation (NON-RECURRING) 105,000
Beginning Base Recurring Appropriations
Estimated State Funds for Pay Package, Health Insurance and Retirement
NEW - Faculty Excellence Initiative
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Source of “A” Funds
III Departmental Income and Transfers 269,595,438
199,971,862
12,075,000
85,827
5,897,842
49,500,000
2,064,907
IV General Fund Income and Transfers 49,672,500
40,000,000
2,800,000
1,372,500
5,500,000
Total Source of Funds 484,034,859
Student Fee Abatements
Other Revenue - General Fund
Transfers from/-to Other Fund Groups (net)
General Fund Balance Carryforward
Estimated Access and Equity (State Contract/Grant)
Other Departmental Revenue
Departmental Balances Carryforward
Dept Transfers from/-to Other Fund Groups (net)
Student Tuition and Fees
Tuition Increase
20
Use of “A” Funds
V Recurring Base Budgets 395,805,218
355,805,218
Undergraduate Abatements 24,750,000
Graduate Abatements 15,250,000
VI Special Below-the-Line Appropriations 10,260,242Nanotechnology 1,000,000
Hydrogen Fuel Cell Research 1,000,000
Institute for Public Service and Policy Research 716,454
Small Business Development Center 686,534
Freshwater Initiative 500,000
Law Library 344,074
African-American Professors Program 178,805
School of Public Health - Epilepsy 75,000
NEW - Palmetto Poison Control Center (RECURRING) 250,000
NEW - Small Business Development Center (RECURRING) 250,000
NEW - Technology Incubator Project (RECURRING) 200,000
NEW - OneCarolina (RECURRING) 1,500,000
NEW - OneCarolina (NON-RECURRING) 1,500,000
NEW - South Carolina Lightrail (NON-RECURRING) 1,500,000
NEW - SC Institute of Archaeology and Anthropology (NON-RECURRING) 354,375
NEW - EngenuitySC - National Hydrogen Assoc Convention (NON-RECURRING) 100,000
NEW - Gibbes Green Renovation (NON-RECURRING) 105,000
Department Base Budget Allocation
Student Fee Abatements:
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Use of “A” Funds
VII Carryforward Balances Allocated 49,500,000
49,500,000
VIII New and Continuing Funding Recommendations - Recurring 22,969,399
5,645,740
1,345,728
3,360,048
11,167,883
1,450,000
IX Non-Recurring Funding Recommendations 1,506,912
Total Use of Funds 480,041,771
Net General Fund Unallocated Carryforward Balance 3,993,088
Carryforward Balances Allocated to Departments
Academic Programs and Services
Academic Support and Student Affairs Programs
General Institutional Costs and Central Operations
Pay Package, Health Insurance and Retirement
Mandated Fee Distributions
System Budget FY2008
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USC System
FY2007 FY2008936,017,559 996,162,789
Total Current Funds Budget
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Revenues
Expenditures
University of South Carolina SystemProposed Budget FY2007-08 Total Current
Funds
Tuition and Fees35%
State Appropriations
23%
Grants, Contracts, and
Gifts26%
Sales and Service
Educational and Other Sources
3%
Sales and Service Auxiliary
Enterprises13%
Instruction29%
Scholarships and Fellowships
14%
Auxiliary Enterprises
10%
Transfers4%
Operation and Maintenance of
Plant6%
Institutional Support
10% Student Services
4%
Academic Support
6%
Research11%
Public Service6%