UNIVERSITY OF CALIFORNIA Budget for Current Operations Summary of

UNIVERSITY OF CALIFORNIA 2009-10 Budget for Current Operations Summary of the Budget Request Patrick J. Lenz Vice President for Budget November 19, 2008 1 2008-09 State Fiscal Condition • 2008-09 enacted budget did not resolve the ongoing structural deficit. • The Governor called a special session, but that session expires at the end of November. • DOF revenue shortfall estimated at $24.2 billion over the next 20 months. • LAO revenue shortfall estimated at $27.8 billion. 2 Governor’s Special Session Budget Recommendations • Additional State General Fund revenues • Additional spending reductions • No additional borrowing $4.7 billion $4.5 billion 3 Proposed Special Session Reductions • K-12 • CCC • CSU • UC $2.5 billion $332.2 million $66.3 million $65.5 million 4 2008-09 State Fiscal Condition • Legislature must act by November 30, 2008. • Unclear if the Legislature will support the Governor’s Special Session recommendations. • As identified by the DOF and the LAO, this is clearly a multi-year problem. • No action will result in deeper budget reduction proposed for the 2009-10 fiscal year. 5 Final 2008-09 UC Budget • Final 2008-09 UC Budget $5.36 billion • No funding for enrollment growth, health benefit cost increases, graduate student support, purchased utility deficits, salary commitments, academic merits, or the faculty salary plan • Net campus reduction • Governor’s proposal $148.7 million $65.5 million 6 2008-09 UC Budget Campus Recommendations • Implement hiring freeze • Curtail non-essential travel • Reduce leasing of space • Limiting consulting contracts • Defer purchasing equipment • Energy cost savings • Initiate START programs • Administrative efficiencies 7 Faculty and staff compensation comprises 70% of the core operating budget 2007-08 BUDGETED REVENUE AND EXPENDITURES FROM CORE FUNDS REVENUES EXPENDITURES Student Fees 29% Faculty and Staff 59% UC General Funds 11% State General Funds 60% Benefits 12% Equipment, Supplies, Utilities 20% Financial Aid 9% 8 State funds per student have dropped 40%, while the student share has doubled • Since 1990, average inflation-adjusted expenditures for educating UC students has declined 19%. PER-STUDENT AVERAGE EXPENDITURES FOR EDUCATION (2007-08 DOLLARS) State General Funds UC General Funds $3,720 Student Fees $20,000 $15,000 $2,540 $1,870 $4,600 $1,820 $5,090 $1,780 $2,030 $15,860 $14,250 $12,200 $9,580 $9,560 $5,040 $1,830 $10,000 $5,000 $0 1990-91 1995-96 2000-01 2005-06 2007-08 9 UC’s $19 billion operating expenditures are derived from variety of sources 2007-08 EXPENDITURES FROM ALL FUND SOURCES (DOLLARS IN MILLIONS) 42% Sales, Services & Auxiliaries 28% Core Funds Student Fees $1,593 Auxiliaries & Extension $1,408 UC General Funds $577 Clinics & Other Activities $1,523 Extramural Activities $603 Medical Centers $4,554 State General Funds $3,257 3% Other Sources Other $530 8% Private Support Endowment Earnings $199 Private Gifts, Contracts and Grants $1,313 19% Government Contracts & Grants State Special & Extramural $353 Federal Appropriations & Extramural $2,292 DOE Laboratory Operations $1,008 10 Summary of the Budget Plan • Workload Budget • Restart of Retirement Contributions • Start-up Funding for UCR Medical School • Additional Regental Priorities 11 Proposed Increases in Revenue • State General Funds 4% base budget adjustment Additional 1% for core needs Enrollment growth (5,408 FTE for 2008-09) Enrollment growth (5,406 FTE for 2009-10) Annuitant health Retirement contributions • UC General Funds • Student Fee Revenue Mandatory fee increases (9.4%) Enrollment growth Professional fee increases (5-24%) • Additional Funding Needed for Initiatives Total $123.0 million 30.8 million 61.4 million 60.9 million 11.0 million 228.0 million 15.5 million 150.5 million 44.7 million 19.9 million 69.8 million $815.4 million 12 Proposed New Expenditures • • • • • • • • • • • • • • Faculty and staff compensation increases (5%) Additional faculty salary increases Health benefits Retirement contributions Enrollment growth and new space Core academic support Graduate student support Restoration of instructional budgets Non-salary budget cost increases Professional school programs Labor research restoration UCR medical school California Science Institutes Financial aid Total $126.5 million 24.4 million 30.8 million 270.8 million 150.4 million 30.8 million 10.0 million 10.0 million 45.7 million 13.3 million 5.4 million 10.0 million 10.0 million 77.3 million $815.4 million 13 Enrollment Growth: $150.4 million • In 2008-09, enrollment exceeds resources provided by more than 10,000 FTE students. • State support provides essential funding for faculty, teaching assistants, and other instructional support. Budgeted 230,000 220,000 210,000 200,000 2005-06 2006-07 Actual 2007-08 2008-09 14 Restoring Competitive Compensation for All Employees: $126.5 million • Attracting and retaining quality faculty and staff are critical to building the teaching and research core. • Budget cuts have resulted in significant disparities in faculty and staff salaries compared to market. • The University’s goal is to achieve and maintain a market-based competitive compensation plan for all employees. • For 2009-10, budget plan calls for a 5% compensation package for faculty and staff. 15 Additional Faculty Salary Increases: $24.4 million • Four-year plan to eliminate 10% salary lag was instituted in 2007-08, but the plan was delayed in 2008-09. FACULTY SALARIES AS A PERCENTAGE OF MARKET 110% 105% 100% 95% 90% 85% 1996-97 Actual 2000-01 2004-05 2008-09 2012-13 Revised Plan 16 Desired Level Projected Staff Compensation: 10-year Plan to Close the Market Gap • UC staff salary increases lag market increases during 7 of the last 10 years. The staff salary plan calls for increases of at least 5% annually over 10 years. INCREASES IN FUNDING FOR STAFF SALARIES COMPARED TO MARKET UC Staff Salary Increase Funding 6% 5% 4% 3% 2% 1% 0% 1996-97 2000-01 2004-05 Market - Western Region Proposed 2008-09 17 Health Benefits: $30.8 million • 11% premium increases for 2009. • Budget plan assumes similar increases for 2010. • Despite budget shortfalls, UC continues to cover 87% of health benefit premiums for employees on average. • For employees earning less than $46,000, UC covers up to 96% of benefit premiums, depending on family type and plan. 18 Retirement Contributions: $270.8 million Total first-year need* Employee contribution Employer contribution Total cost – all fund sources Core funds share State and student fee share 11.54% 2.0% 9.54% $720.8 million $270.8 million $228.0 million 19 * Based on full funding of actuarial recommendation. Strengthening Core Academic Support: $30.8 million • Instructional Technology • Instructional Equipment • Libraries • Operation and Maintenance of Plant 20 Enhancing Graduate Student Support: $10 million COMPETITIVENESS OF UC FINANCIAL SUPPORT OFFERS • Financial support is critical to recruitment of the best graduate students. • UC has made progress on support offers relative to competitors. • Large gaps remain, which are exacerbated by the high cost of living in California. 21 Restoring Instructional Budgets: $10 million • State cuts totaling $70 million targeted at the student-faculty ratio were instead taken as unallocated reductions. • The University restored a total of $30 million between 2005-06 and 2007-08. BUDGETED GENERAL CAMPUS STUDENT-FACULTY RATIO 14 15 16 17 18 19 20 21 1966-67 Budgeted Ratio Regents' Goal 17.6:1 State Proposals to Increase Ratio 1976-77 1986-87 1996-97 2006-07 22 Keeping Pace with Inflation: $45.7 million • Increasing costs for instructional equipment, library materials, and purchased utilities, among other non-salary items. • Includes a 3% adjustment to help keep pace with inflation for most items. • Includes a 10% adjustment for increased costs of purchased utilities, based on recent estimates. 23 Maintaining Quality in Professional Schools: $19.9 million • Campuses have proposed professional school fee increases ranging from 5% to 24%, varying by campus and program. • Funding will support cost increases and initiatives to improve program quality. • At least 1/3 of fee increase funding will be used for student financial aid. 24 Planning for a New Medical School at Riverside: $10 million • Plans call for the UCR medical school to officially open in 2012-13. • Initial investment from the State needed for: hiring a dean recruiting faculty planning curricula and facilities 25 Promoting Research in Emerging Science and Technology Fields: $10 million • Core operating funding for California Institutes of Science and Innovation. 26 Advancing Labor Research and Education: $5.4 million • Funding for UC’s labor research and education centers was eliminated in 2008-09 by the Governor’s veto. • Partial funding from UC sources provided on a one-time basis in 2008-09 to continue the program. • For 2009-10, UC has requested that the State restore funds to support research on emerging workforce issues. 27 State-funded Capital Budget Request: $842.4 million Facilities / Infrastructure Modernization $114.9 million (14%) Telemedicine Program $28.5 million (3%) Seismic Corrections $251.4 million (30%) Other Life Safety Corrections $62.3 million (7%) Enrollment Increases $385.3 million (46%) 28

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