Academic Senate Presentation
2008-09 Campus Budget as of
November 20, 2008 (in millions)
(includes our share of $31.3M and $66.3M reductions to the CSU)
| Cost | Amount (in millions) | % of Base $201.9M |
|---|---|---|
| Unfunded Compensation Costs | (6.7) | |
| 08-09 Mandatory Costs (health benefits, energy, etc.) | (2.0) | |
| Share of October DOF reduction ($31.3M for CSU) | (2.3) | |
| Share of Governor's Proposed Special Session reduction ($66.3M for CSU) | (4.9) | |
| Total Change in Costs | $ (15.9) |
| Cost | Amount (in millions) | % of Base $201.9M |
|---|---|---|
| 10% Fee Increase based on 07-08 FTE target | 8.0 | |
| Less: set-aside for financial aid | (3.7) | |
| Fee revenue based on 1,420 FTES over 08-09 target | 5.6 | |
| Less: Overenrollment funding to Acad Affairs (1,420 @$1,990) | (2.8) | |
| Net General Fund increase | 0.4 | |
| Net Change in Revenues | 7.5 | |
| Change in Costs / Resources | $ (8.4) | -4.2% |
| Cost | Amount (in millions) | % of Base $201.9M |
|---|---|---|
| Comprehensive Fundraising Campaign | (1.8) | |
| Campus Messaging | (0.1) | |
| Partial funding of current Budget Recovery Plan | (1.0) | |
| Enhanced Classroom Maintenance | (0.6) | |
| President's Priorities | (3.5) | |
| Gross Campus Budget Problem | $ (11.9) | -5.9% |
| Application of Temporary Campus Resources | 5.6 | |
| Net Campus Budget Problem (Base Reduction to all Divisions) |
$ (6.3) | -3.1% |
| Loss of Partial Temp Funds From Budget Recovery Plan (Effective Reduction to Non-Instructional Budgets) |
$ (2.0) | -1.9% |
| Total Impact of Operating Divisions | $ (8.3) | -4.0% |