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					                                     East Tennessee State University
                                             Reduction Plan

                                                                                FY 2008-09
                                                                                             Running
                                                                       Action                 Total

FY 08-09 Reduction to Date                                                                    5,733,800

Budget Reductions to Date                                               4,072,000             1,661,800

Use of Reserves                                                         1,661,800                      -

Expected January 09 Reduction                                                                 2,992,700

Personnel Reductions (Frozen/Vacant Positions)                         (1,000,000)            1,992,700

Operating Cost Reductions                                              (1,000,000)              992,700

Use of 2% Reserve                                                        (992,700)                     -

                                                                                FY 2009-10
                                                                                             Running
                                                                       Action                 Total

Expected January 09 Reduction                                           2,992,700             2,992,700

Expected July 09 Reduction                                              2,992,700             5,985,400

October 08 Use from One Time                                            1,661,800             7,647,200

Use of 2% Reserve to Meet 08-09 Reduction                                992,700              8,639,900

Anticipated Tuition Increase (10%)                                     (3,750,000)            4,889,900

Other Revenue Enhancements (course fees, etc.)                           (500,000)            4,389,900

Personnel Reductions (Frozen Positions/VBO/RIF)                        (2,500,000)            1,889,900

Operating Cost Reductions                                              (1,000,000)              889,900

Unidentified (Further Revenue Enhancement or Operating                   (889,900)                     -
Cost Reductions as further Information is known)




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