Campus Budgets

◦ System- appropriations and allocation

◦ Campus level- expenses and tuition revenue

Revenue > Personnel + Operating Costs

Basic Campus Budgeting

Appropriation Tuition Enrollment Fees Other (grants, customized training,

etc.)

Revenue

58.7% of revenue comes from TUITION

Salary Benefits Staff Development Curriculum Development Release Time Sabbaticals Tuition Waivers

Personnel Costs

Everything else!

Your campus building(s).

Operations

Supplies Travel Memberships Purchased Services IT Support Equipment Replacement/Lease

Other Operating Costs

Marketing

Debt Service

Other Campus Costs

All campuses must keep cash reserves*

5-7% of the campus budget* NO required student life reserve!

Reserves

Legislative snapshotMoney and tuition set for this year AND

next Every college prepares a budget

outlook◦ Enrollment◦ % revenue from tuition v. state◦ Other revenue◦ Personnel costs

Start with a snapshot

Consultation with students on budget outlook (Fall)

Administration creates draft budget Consultation continues (through Spring) Student senate writes letter to Board of

Trustees on the process (Aprilish) Chancellor reviews and brings to Board for

first reading (May) Board approves all budgets, including

tuition and fees (June)

Approval process

Tuition and Fees Consultation

Meet early and often.

Make it a conversation and not a lecture.

Make sure to keep things respectful.

Remember to think about and discuss a variety of factors

Differential Tuition

Personnel Costs and Operating Expenses

Other campuses tuition rate in the area

Legislative arena

Consultation Letter Every campus Student Senate drafts a

consultation letter.

The letter provides an overview of the process taken.

More information on the Consultation letters will be provided at future conferences…..

Enrollment and type Reserve, carry-forward Inflation Total expected revenue Costs Cuts Scenarios/options

Get the facts

Know the Allocation