Exhibit 2
2010-11 Preliminary Planning Scenario
Assumptions = no furloughs, some mandatory costs, no state reductions, 10% fee increases
| Budget Item | Amount |
|---|---|
| Unresolved permanent budget problem from 2009-10 | $ (20,106,543) |
| Recalculation of 2009-10 budget reduction | (3,887,400) |
| Enrollment downsizing fee revenue loss (3,044 FTES) | (9,554,045) |
| Mandatory costs | (1,500,000) |
| State budget reduction | - |
| Total Gross Budget Problem | $ (35,047,988) |
| Enrollment downsizing instructional savings (3,044 FTES) | 6,057,560 (a) |
| Revenues from 10% student fee increase | 8,238,239 |
| Revenues from 10% nonresident tuition increase | 1,042,767 |
| Total Solutions | $ 15,338,566 |
| Unresolved Budget Shortfall | $ (19,709,422) |
| Division Operating Budgets | 2009-10 | % of Total Budgets and Reductions | Pro Rata Allocation | % Cut |
|---|---|---|---|---|
| Academic Affairs | 141,541,894 | 69.6% | $ (12,519,469) (a) | |
| Administration & Finance | 38,661,544 | 19.0% | (3,419,638) | |
| Student Services | 12,415,861 | 6.1% | (1,098,191) | |
| University Relations & Development | 5,549,211 | 2.7% | (490,831) | |
| Athletics | 3,631,479 | 1.8% | (321,207) | |
| President's Office | 1,703,373 | 0.8% | (150,664) | |
| TOTAL DIVISION BUDGETS | 203,503,362 | 100.0% | $ (18,000,000) | -8.8% |
| University Wide Anticipated Savings and Efficiencies | (1,709,422) | |||
| Total Budget Reductions | $ (19,709,422) |
(a) This $6,057,560 is a reduction in instructional expenses generated by the required 10.8% reduction in enrollment. This $6M is in addition to the $12,519,469 Academic Affairs is assigned in pro rata budget cuts. Therefore, the combined effect of budget cuts and enrollment reductions on Academic Affairs is $18,577,029 of a total problem of $35,047,988.