Budget Reduction Discussion President Bernie Machen University of Florida

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Budget Reduction
   Discussion

 President Bernie Machen
   University of Florida


    August 21-22, 2007
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The next two slides show how the
$34 million callback was calculated
UF Budget: Total Education & General              3



      Revenue of $863 Million
       Sources of Revenue

                Student Fees
                $190.8 million
                    (22%)
  Lottery
$39.1 million                       General
    (5%)                           Revenue
                                 $633.2 million
                                     (73%)
                                                4
    Budget Reduction and
   Unfunded Commitments
General Revenue                $633.2 million
Lottery                        $ 39.1 million
Total                          $672.3 million
Budget Reduction                x 4%
Total Budget Reduction         $ 26.9 million
Plus: Unfunded Commitments
Faculty Promotional Raises     $ 1.3 million
Florida Opportunity Scholars   $ 3.0 million
Utility Expense Increases      $ 1.7 million
Graduate Student Healthcare    $ 1.1 million
TOTAL                          $ 34.0 million

				
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