fermilab budget and finance c. conger, chief financial officer mission support winter planning...
TRANSCRIPT
Fermilab Budget and FinanceC. Conger, Chief Financial Officer
Mission Support Winter Planning Workshop
February 20, 2013
Fermilab 101Fermilab Community Advisory Board
January 9, 2010
The Finances of
Fermilab 101
Mission Support Planning Workshop 2/20/2013
Where does Fermilab get its funding?
• Nearly 100% from the Office of High Energy Physics (OHEP) within the DOE’s Office of Science.
• Largest “single program” in the Office of Science• FY2013 President’s Budget:
DOE $27.2B• Office of Science $5.0B
Office of High Energy Physics $776M Fermilab $359M Currently expecting $375M
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Fermilab 5-Year Funding by Source($M)
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FY15
FY14
FY13
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For more info . . .
FY13 Financial Outlook – HEP
• Continuing Resolution expires March 27, 2013 All-year CR at FY12 levels is most likely scenario now Science Lab Initiative infrastructure $2.5M (not HEP) on hold as “new start”
• Sequestration may take effect March 1st . . . . . . but will it endure, and if so, at what level? No immediate effect on lab - will have 6 months of funding as of 2/28/13. 5% exercise done by DOE - would be ~$18M cut if pro-rated across HEP
• Significant concerns at funding level of $375M (down ~7.5% from FY12) Accelerator R&D/SRF program is $4M short of Lab plan NOvA Project cost review resulted in transfers to Lab > $3M to date Squeezing to do first-phase CDF refurbishment for IARC program by deferring
several GPP projects - ~$3M
• Debt ceiling crisis has passed for now – expected to hit limit again ~August
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Cost of Doing Business – Indirect Costs
• Indirect Costs are costs that cannot be directly identified with a single “final cost objective”
Fermilab’s “final cost objectives” are the DOE B&R categories Most of us in this room, most of the time we’re working, are “indirect costs”
• Indirect costs must be allocated in a consistent way based on the “causal-beneficial” relationship between the indirect cost and the activity it’s being charged to.
The most common method to do this is to pool similar indirect costs together, define a base of costs that will pay for each pool, and establish a rate to apply to the costs in the base that will allocate the pool.
• Indirect cost allocation is governed by Cost Accounting Standards Cost Accounting Standards is a provision in FRA’s contract with DOE FRA is required submit a Cost Accounting Standards Disclosure Statement to
DOE for approval any time the methodology for allocating indirect costs changes significantly.
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Cost of Doing Business – Indirect Costs (cont.)
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Indirect Costs by Organization FY08-FY13
FY08 Obs FY09 Obs FY10 Obs FY11 Obs FY12 Obs FY13 Plan0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
140,000,000
320,000,000
330,000,000
340,000,000
350,000,000
360,000,000
370,000,000
380,000,000
390,000,000
400,000,000
410,000,000
420,000,000
DS - FINANCE
DS - WORKFORCE DEVELOPMENT AND RESOURCES SECTION
DS - ES&H SECTION
DS - POWER, FEE, IGPP
DS - DIRECTORATE
DS - BUSINESS SERVICES SECTION
DS - FACILITIES ENGINEERING SECTION
DS - TECHNICAL DIVISION
DS - PARTICLE PHYSICS DIVISION
DS - ACCELERATOR DIVISION
DS - COMPUTING DIVISION
OHEP FUNDING
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Questions?