Cost Centre Faculty of Current ORMP Proposed Program Change to ORMP Proposed ORMP Non-Fac $ Notes Revenue Allocations DEST $5,000,000 $45,000 -$45,000 $5,000,000 $0 1 Aust FP $750,000 $48,564 $0 $798,564 $36,636 2 Int FP $1,000,000 $0 $0 $1,000,000 $0 3 Other Income $100,000 $0 $0 $100,000 $0 4 Revenue Transfers $100,000 $0 $0 $100,000 $0 Total Revenue $6,950,000 $93,564 -$45,000 $6,998,564 $36,636 Expenditure Salary Related Expenses Academic $4,500,000 $27,499 -$22,499 $4,505,000 $0 5 General $1,300,000 $0 $0 $1,300,000 $0 6 Total Salary Related Expenses $5,800,000 $27,499 -$22,499 $5,805,000 $0 Non Salary Related Expenses $900,000 $10,000 $0 $910,000 $0 7 Total Ongoing Expenses $6,700,000 $37,499 -$22,499 $6,715,000 $0 Gross Surplus (Deficit) $250,000 $56,065 -$22,501 $283,564 $36,636 Less Assets >$5,000 $200,000 $0 $0 $200,000 $0 Net Surplus (Deficit) $50,000 $56,065 -$22,501 $83,564 $36,636 Add Opening Balance $45,000 $0 $0 $45,000 $0 Closing Balance $95,000 $56,065 -$22,501 $128,564 $36,636 Faculty Profit/Loss $33,564 8 Notes 12 Assume 10 EFTSU @$8,520. These will be new students (not transfers). 3 45 Equiv of .225 Lvl C to new program from existing staff 6 7 Approx $1000 per EFTSU Faculty running expenses. 8 Program generates a profit to the Faculty of $38,564 and a profit to the University of $33,636. I This DEST load comes from the Faculty's allocation, so no nett change Proposal for