fiscal year 2006 - 2007 budget june 23, 2006. overview enrollment enrollment tuition tuition...
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Fiscal Year 2006 Fiscal Year 2006 -- 2007 2007
BudgetBudget
June 23, 2006June 23, 2006
OverviewOverview
• EnrollmentEnrollment
• TuitionTuition
• Operating Fee RevenueOperating Fee Revenue
• FY07 Operating BudgetFY07 Operating Budget
• FY07 Capital BudgetFY07 Capital Budget
EnrollmentEnrollment
EnrollmentEnrollment
• Historical Trends & Historical Trends &
FY 2006FY 2006--2007 Projection2007 Projection
• Demographics & MarketDemographics & Market
• PlanningPlanning
EnrollmentEnrollment
Historical Trends & Historical Trends &
FY 2006FY 2006--2007 Projection2007 Projection
8080 84207708 8700 8955 9126 9276 89815,000
5,500
6,000
6,500
7,000
7,500
8,000
8,500
9,000
9,500
99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07
Annualized Average FTESAnnualized Average FTESFY 2000 to FY 2007FY 2000 to FY 2007 (Projected) (Projected)
Pro
ject
ion
4.9%
6.4%
1.7%
-3.2%
-0.6%
4.8%4.2%
3.3%2.9%
1.9%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
97-98 98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07
Percent FTE Trend RatePercent FTE Trend RateFY1998 to FY2007FY1998 to FY2007
Projection
EnrollmentEnrollment
Fall 2006 ProjectionFall 2006 Projection
Fall Fall 20052005
Fall Fall 20062006
New FreshmanNew Freshman 1,5891,589 1,3481,348
New Grad StudentsNew Grad Students 325325 273273
New UG TransfersNew UG Transfers 1,1421,142 974974
Former Student ReturningFormer Student Returning 176176 150150
Continuing StudentsContinuing Students 6,6366,636 6,8846,884
HeadcountHeadcount 9,8689,868 9,6299,629
*Annualized FTES range from 8,948 to 9,043*Annualized FTES range from 8,948 to 9,043Source: HEER 10Source: HEER 10thth Day Reports Day Reports
EnrollmentEnrollment
New Freshman & Transfer New Freshman & Transfer EnrollmentsEnrollments
EnrollmentEnrollment
Impacts On FY 2006 – 2007 Impacts On FY 2006 – 2007 EnrollmentEnrollment
• Increased CompetitionIncreased Competition
• New Markets for FreshmanNew Markets for Freshman
• Better EconomyBetter Economy
EnrollmentEnrollment
Demographics & MarketDemographics & Market
State of Washington Population ForecastsState of Washington Population ForecastsBy Traditional College Age GroupBy Traditional College Age Group
300,000
350,000
400,000
450,000
500,000
550,000
600,000
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
2026
2028
2030
15-19 20-24
Source: OFM-November 2005 Pop. Forecast
State of Washington Public and Private High School State of Washington Public and Private High School Graduates – Actual and ForecastedGraduates – Actual and Forecasted
40,000
45,000
50,000
55,000
60,000
65,000
70,000
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015
2017
Actual Forecast
Source: Western Interstate Commission for Higher Education (WICHE)
Washington State High School Enrollment & Capture Washington State High School Enrollment & Capture Rates: Fall 1995 to Fall 2006Rates: Fall 1995 to Fall 2006(Fall 2006 based on Admissions Trend)(Fall 2006 based on Admissions Trend)
0
200
400
600
800
1,000
1,200
1,400
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 20060.00%
0.50%
1.00%
1.50%
2.00%
2.50%
Entering Capture Rate Linear (Capture Rate)
Source: WICHE, HEER
EWU Transfers from Community CollegesEWU Transfers from Community CollegesCC Capture Rate – 2006 Based on Admissions TrendCC Capture Rate – 2006 Based on Admissions Trend
0
100
200
300
400
500
600
700
800
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 20060.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
1.40%
Transfers from WaSt CC's Capture Rate Linear (Capture Rate)
Note: Assumes CC transfer admissions trends follow total transfer admissions trends as a whole.Note: Assumes CC transfer admissions trends follow total transfer admissions trends as a whole.
Source: SBCTC, HEERSource: SBCTC, HEER
EWU Historical Enrollments from WICHE EWU Historical Enrollments from WICHE States – Fall QuartersStates – Fall Quarters
PROJECTION GROWTH IN HS GRADUATES FROM 2005-2010
AK, 7.24%
CA, 10.95%
CO, 9.16%
HI, 1.32%
ID, 5.11%
MT, -6.40%
OR, 4.28%
WA, 5.04%
-10% -5% 0% 5% 10% 15%
EWU WICHE ENROLLMENTS BY STATE (6 YEAR AVERAGE)
AK, 19.4%
CA, 8.0%
CO, 2.6%
HI, 8.3%
ID, 30.6%
MT, 18.1%
OR, 12.9%
-5% 5% 15% 25% 35% 45%
Enrollment Enrollment
• FY 2006FY 2006--2007 Financial Impact2007 Financial Impact
• Targeted Recruitment EffortsTargeted Recruitment Efforts
• Focus on Strategic Plan Focus on Strategic Plan
• Manage Market ShareManage Market Share
• Investment in Recruitment & Investment in Recruitment & Retention EffortsRetention Efforts
Planning For the FuturePlanning For the Future
TuitionTuition
FY07 Tuition Components (Per Quarter)FY07 Tuition Components (Per Quarter)6% increase for resident students6% increase for resident students
CategoryCategory
Operating Operating
FeeFee
BuildingBuilding
FeeFee
S&AS&A
FeeFee
ResidentsResidents
UndergraduateUndergraduate $1,226.37$1,226.37 $48.63$48.63 $151.00$151.00
GraduateGraduate $1,962.62$1,962.62 $48.38$48.38 $144.00$144.00
Non-Resident UndergraduatesNon-Resident Undergraduates
DomesticDomestic $4,125.84$4,125.84 $170.16$170.16 $149.00$149.00
InternationalInternational $4,125.84$4,125.84 $170.16$170.16 $149.00$149.00
Non-Resident GraduatesNon-Resident Graduates
DomesticDomestic $5,397.79$5,397.79 $166.21$166.21 $142.00$142.00
InternationalInternational $5,397.79$5,397.79 $166.21$166.21 $142.00$142.00
Mandatory fees are assessed separately
CategoryCategoryCurrent Tuition Current Tuition
RatesRatesFY07 Tuition FY07 Tuition
RatesRates
Resident UndergraduateResident Undergraduate $4,044$4,044 $4,278$4,278
Resident GraduateResident Graduate $6,108$6,108 $6,465$6,465
Non-Resident UndergraduateNon-Resident Undergraduate $13,317$13,317 $13,335$13,335
Non-Resident GraduateNon-Resident Graduate $17,100$17,100 $17,118$17,118
Student Impact Annual Tuition RatesStudent Impact Annual Tuition Rates
Non-Resident rate changes due to S&A Fee increase only.
Includes Tuition, S&A Fees, and Building Fees. Other Mandatory fees assessed separately.
$234
$357
$18
$18
FY 2006 FY 2006 - - 2007 Mandatory Fees2007 Mandatory Fees
CategoryCategory FY06 FeesFY06 Fees FY07 FeesFY07 Fees
Technology FeeTechnology Fee $105.00$105.00 $105.00$105.00
Health Clinic FeeHealth Clinic Fee $115.17$115.17 $0$0
Health & Wellness FeeHealth & Wellness Fee $16.95$16.95 $0$0
Comprehensive Health Comprehensive Health
& Wellness Fee& Wellness Fee
N/AN/A $182.07$182.07
Total FeesTotal Fees $237.12$237.12 $287.07$287.07
All categories of students pay the same level of mandatory fees.
$49.95
Additional Annual Impact on StudentsAdditional Annual Impact on Students
StudentStudentImpact 6%Impact 6%
Grant Funds Grant Funds Available to Available to
Offset ImpactOffset Impact
High-Need StudentsHigh-Need Students $243$243 $247$247
Low/Medium Need StudentsLow/Medium Need Students $243$243 $0-$85$0-$85
Resident Undergraduate
State Need Grant award amounts were increased by the State to offset a 6% tuition increase.
Students not eligible for the State Need Grant will be eligible for additional grant & loan assistance, or will cover increases out-of-pocket.
Recommended ActionRecommended Action
It is recommended that the Board It is recommended that the Board of Trustees approve a 6% tuition of Trustees approve a 6% tuition rate increase for resident students rate increase for resident students and a 6% service and activity fee and a 6% service and activity fee increase for all fee paying increase for all fee paying categories for fiscal year 2007, categories for fiscal year 2007, which begins July 1, 2006 and which begins July 1, 2006 and ends June 30, 2007.ends June 30, 2007.
Operating Fee RevenueOperating Fee Revenue
FY07 Operating Fee AssumptionsFY07 Operating Fee Assumptions
Waivers 18.0% Financial Aid held at 06 Level
EWU Financial Aid 3.5%
Addition to Fin. Aid 221,001
FTES 8,850
Headcount 9,009
FTES/HC Conversion 1.018
Enrollment Mix FY 06 Mix
Interest Income $110,000
Uncollectibles 1.2%
University Reserves $300,000
Enrollment Assumptions
Waiver Assumptions
Policy Assumptions
Financial Aid Assumptions
FY07 Operating Fee RevenueFY07 Operating Fee Revenue
Gross Operating Fee Revenue 41,215,535
Less: Tuition Waivers -7,418,804 3.5 % EWU Financial Aid -1,165,575 Uncollectible Allowance -494,586 Plus: Interest Income 110,000
Less: Additional Financial Aid -221,001
-9,189,966
Net Operating Fee Revenue 32,026,000
Net New Revenue for Distribution $995,000
Estimate based on resident tuition increase of 6% and 8,850 FTES
FY07 Operating Budget – Tuition FY07 Operating Budget – Tuition Revenue BasedRevenue Based
Revenue Available for Policy Based DistributionRevenue Available for Policy Based Distribution $ 995,000$ 995,000
Less: FY06 Reduction BalanceLess: FY06 Reduction Balance - 216,000- 216,000
Smart Buy ReductionSmart Buy Reduction -90,000-90,000
Blackboard SystemBlackboard System -60,000-60,000
Library CollectionsLibrary Collections -70,000-70,000
Retention and Student LearningRetention and Student Learning -100,000-100,000
PEHRPEHR -240,000-240,000
Info. TechnologyInfo. Technology -140,000-140,000
China ProgramChina Program -35,000-35,000
Balance RemainingBalance Remaining $ 44,000$ 44,000
FY07 Operating BudgetFY07 Operating BudgetTuition Revenue ProposalsTuition Revenue Proposals
Promotes EWU Academic Strategic Plan GoalsPromotes EWU Academic Strategic Plan Goals
GGOALOAL: A R: A RIGOROUSIGOROUS ANDAND E ENGAGEDNGAGED S STUDENTTUDENT L LEARNINGEARNING E EXPERIENCEXPERIENCE
Strategy:Strategy:
– Provide an Environment for Learning and Teaching Provide an Environment for Learning and Teaching ExcellenceExcellence
• Create a physical and technological environment that Create a physical and technological environment that supports integrated learningsupports integrated learning
• Provide services and resources to enable students and faculty Provide services and resources to enable students and faculty to acquire and use knowledgeto acquire and use knowledge
Blackboard SystemBlackboard System $ $ 60,00060,000
FY07 Operating BudgetFY07 Operating BudgetTuition Revenue ProposalsTuition Revenue Proposals
Promotes EWU Academic Strategic Plan GoalsPromotes EWU Academic Strategic Plan Goals
GGOALOAL: A R: A RIGOROUSIGOROUS ANDAND E ENGAGEDNGAGED S STUDENTTUDENT L LEARNINGEARNING E EXPERIENCEXPERIENCE
Strategy:Strategy:
– Provide and environment for learning and teaching Provide and environment for learning and teaching excellenceexcellence
• Provide services and resources to enable students and faculty to Provide services and resources to enable students and faculty to acquire and use knowledgeacquire and use knowledge
Library CollectionsLibrary Collections $$ 70,00070,000
FY07 Operating BudgetFY07 Operating BudgetTuition Revenue ProposalsTuition Revenue Proposals
Retention & Student LearningRetention & Student Learning $$ 100,000100,000
Promotes EWU Academic Strategic Plan GoalsPromotes EWU Academic Strategic Plan Goals
GGOALOAL: A R: A RIGOROUSIGOROUS ANDAND E ENGAGEDNGAGED S STUDENTTUDENT L LEARNINGEARNING E EXPERIENCEXPERIENCE
Strategy:Strategy:
– Provide and environment for learning and teaching Provide and environment for learning and teaching excellenceexcellence
• Provide services and resources to enable students and faculty to Provide services and resources to enable students and faculty to acquire and use knowledgeacquire and use knowledge
FY07 Operating BudgetFY07 Operating BudgetTuition Revenue ProposalsTuition Revenue Proposals
Promotes EWU Academic Strategic Plan GoalsPromotes EWU Academic Strategic Plan Goals
GGOALOAL: A R: A RIGOROUSIGOROUS ANDAND E ENGAGEDNGAGED S STUDENTTUDENT L LEARNINGEARNING E EXPERIENCEXPERIENCE
Strategies:Strategies:
– Foster engaged student learningFoster engaged student learning
• Enhance learning connectionsEnhance learning connections
Physical Education, Health & RecreationPhysical Education, Health & Recreation $ $ 240,000240,000
FY07 Operating BudgetFY07 Operating BudgetTuition Revenue ProposalsTuition Revenue Proposals
Information Technology Information Technology $$ 140,000140,000
Promotes EWU Academic Strategic Plan GoalsPromotes EWU Academic Strategic Plan Goals
GGOALOAL: A R: A RIGOROUSIGOROUS ANDAND E ENGAGEDNGAGED S STUDENTTUDENT L LEARNINGEARNING E EXPERIENCEXPERIENCE
Strategy:Strategy:
– Provide and environment for learning and teaching Provide and environment for learning and teaching excellenceexcellence
• Provide services and resources to enable students and faculty to Provide services and resources to enable students and faculty to acquire and use knowledgeacquire and use knowledge
FY07 Operating BudgetFY07 Operating BudgetTuition Revenue ProposalsTuition Revenue Proposals
Promotes EWU Academic Strategic Plan GoalsPromotes EWU Academic Strategic Plan Goals
GGOALOAL: A R: A RIGOROUSIGOROUS ANDAND E ENGAGEDNGAGED S STUDENTTUDENT L LEARNINGEARNING E EXPERIENCEXPERIENCE
Strategies:Strategies:
– Integrate Multicultural and International Perspectives into Integrate Multicultural and International Perspectives into the Learning Experiencethe Learning Experience
• Recruit and retain a greater diversity of faculty, staff, & studentsRecruit and retain a greater diversity of faculty, staff, & students
• Integrate multicultural perspectives into the curriculumIntegrate multicultural perspectives into the curriculum
• Increase international perspectives and enrollment of international Increase international perspectives and enrollment of international students as well as participation in study abroad programsstudents as well as participation in study abroad programs
China ProgramChina Program $$ 35,00035,000
New State Enrollment DistributionNew State Enrollment Distribution
Total State Allocations for Enrollment (Education Legacy Trust Account)
$ 2,167,000
Allocations:
Instruction Distributions $ 263,117
Non-Instruction Distributions 236,883
Faculty Salary Increase 1,154,000
Exempt Salary Increase 200,000
Reserves for Enrollment Declines 313,000
New Allocations By Executive LevelNew Allocations By Executive Level
Unit
New State
Enrollment
Academic Affairs $ 351,351
Business & Finance 87,826
Student Affairs 26,457
University Advancement 14,976
President’s Office 19,390
Totals $ 500,000
New State Enrollment DistributionNew State Enrollment Distribution
Education & Human Development $ -48,624
Business & Public Administration -35,078
Arts & Letters 36,440
Social Work 75,072
Social & Behavioral Sciences 104,056
Science, Health & Engineering 131,251
Total Instruction Distribution $ 263,117
New Enrollment DistributionNew Enrollment Distribution
Academic Affairs Administration $ 35,937
Library 26,297
Information Technology 26,000
Academic Affairs Total $ 88,234
Business & Finance 87,826
Student Affairs 26,457
University Advancement 14,976
President’s Office 7,903
Intercollegiate Athletics 11,487
Total Non-Instruction Distribution $ 236,883
FY07 Salary IncreasesFY07 Salary Increases
• Faculty Increase – 9.45% across the board - $1,279,000
• 3.2% State Funded, 9/1/05
• 2.0% Signing Increase, University Funded
• 1.6% State Funded, 9/1/06
• 2.65% University Funded, 9/1/06
– 1.0% Signing Bonus, $300,000
– Merit Pool, approx $80,000
• Exempt increase– 3% across the board, 9/1/06 - $405,000
• Classified increase– 1.6% on July 1, 2006 - $232,000
FY 2007 Budgeted Operating RevenuesFY 2007 Budgeted Operating RevenuesAll FundsAll Funds
0.1%
12.1%
9.7%
31.4%
19.5%
10.3%
17.0%
Fund 001, General Fund - State Fund 149, Tuition Operating Fees
Fund 148, Dedicated Local Funds Fund 4xx, Service Funds
Fund 5xx, Auxiliary Funds Fund 846, Scholarships & Fellowships
Fund 145, Sponsored Programs
Fund Amount
001 51,547,040
149 32,026,000
148 16,872,613
4xx 123,892
5xx 28,494,826
846 19,942,000
145 16,011,000 Total $165,017,371
Note: Service Note: Service Funds figure does Funds figure does not include not include $4,700,426 in $4,700,426 in recharges.recharges.
State and Tuition (Ledger 1) State and Tuition (Ledger 1) ExpendituresExpenditures
Instruction $ 42,482,429
Research 292,696
Public Service 259,302
Academic Support 5,063,204
Libraries 4,642,183
Student Services 8,007,984
Institutional Support 12,292,639
Plant Operations & Maintenance 10,532,603
Total Ledger 1 $ 83,573,040
Operating Budget FY07Operating Budget FY07
Non Ledger 1Non Ledger 1
Operating BudgetOperating Budget
Dedicated Local Funds (Ledger 2) Dedicated Local Funds (Ledger 2)
The dedicated local fund provides educational programs The dedicated local fund provides educational programs which support the mission of the university but that are which support the mission of the university but that are not directly funded by the Washington State Legislature. not directly funded by the Washington State Legislature.
Programs in this fund include Running Start, Summer Programs in this fund include Running Start, Summer Session, International Field Studies, Study Abroad, Session, International Field Studies, Study Abroad, University Press, course fees and other continuing University Press, course fees and other continuing education courses. education courses.
Revenues $16,872,613
Expenditures 17,840,245
Fund Balance Draw 967,632
Expenditures exceed revenues due to the use of fund balances in the Expenditures exceed revenues due to the use of fund balances in the accounts. accounts. [Fund 148][Fund 148]
Service Funds (Ledger 3)Service Funds (Ledger 3)
The service activities or internal revolving funds provide The service activities or internal revolving funds provide goods and services for other university functions.goods and services for other university functions.
Service funds include stores operations, printing and Service funds include stores operations, printing and duplicating, workforce construction, telecommunication duplicating, workforce construction, telecommunication services, and motor pool.services, and motor pool.
[Funds 440, 448, 450, 455, and 460][Funds 440, 448, 450, 455, and 460]
Revenues/Recharges $4,824,318
Expenditures/Deductions 4,788,033
Projected Net Income 36,285
ASEWU Funds (Ledger 3)ASEWU Funds (Ledger 3)
This enterprise includes the operation of student government This enterprise includes the operation of student government and provides funds for concerts, social activities, campus and provides funds for concerts, social activities, campus recreation, commuting services, student publications such as recreation, commuting services, student publications such as The EasternerThe Easterner, clubs and organizations and other associated , clubs and organizations and other associated student sponsored activities.student sponsored activities.[Fund 521 and 522][Fund 521 and 522]
Expenditures exceed revenues due to the use of fund balances in the Expenditures exceed revenues due to the use of fund balances in the accounts. accounts.
Revenues/Additions $2,496,006
Expenditures/Deductions 2,568,430
Fund Balance Draw -72,424
Intercollegiate Athletics (Ledger 3)Intercollegiate Athletics (Ledger 3)
The intercollegiate athletics fund includes program The intercollegiate athletics fund includes program support costs, travel, and scholarships granted to support costs, travel, and scholarships granted to student participants based on their athletic ability. student participants based on their athletic ability. [Fund 523][Fund 523]
Self Support
Revenues/Additions $4,299,988
Expenditures/Deductions 4,299,988
Projected Net Income 0
State Support 2,585,629
Bookstore (Ledger 3)Bookstore (Ledger 3)
The bookstore serves the students with textbooks, The bookstore serves the students with textbooks, supplies, computer hardware and accessories, gift items supplies, computer hardware and accessories, gift items and EWU merchandise. [Fund 524] and EWU merchandise. [Fund 524]
Revenues $6,887,144
Expenditures 6,800,078
Projected Net Income 87,066
Pence Union Building (Ledger 3)Pence Union Building (Ledger 3)
The PUB provides a central gathering place that serves The PUB provides a central gathering place that serves as the hub of college life for the university. It provides as the hub of college life for the university. It provides for services, conveniences, and amenities the members for services, conveniences, and amenities the members of the college family need in their daily lives on campus of the college family need in their daily lives on campus and for getting to know and understand each other and for getting to know and understand each other through informal association outside the classroom. through informal association outside the classroom. [Fund 570] [Fund 570]
Revenues $913,218
Expenditures/Deductions 908,494
Projected Net Income 4,724
Parking (Ledger 3)Parking (Ledger 3)
Parking services provides for the parking on campus, and Parking services provides for the parking on campus, and promotes safety and customer services to faculty, staff, promotes safety and customer services to faculty, staff, students and visitors. [Fund 572]students and visitors. [Fund 572]
Revenues $620,000
Expenditures/Deductions 632,967
Fund Balance Draw -12,967
Housing and Dining (Ledger 3)Housing and Dining (Ledger 3)
The housing and dining program provides room, board The housing and dining program provides room, board and event planning services for students, staff and and event planning services for students, staff and visitors of the university. It provides a safe, pleasant visitors of the university. It provides a safe, pleasant and well-maintained environment that supports the and well-maintained environment that supports the educational, personal and social growth of all residents. educational, personal and social growth of all residents. [Fund 573][Fund 573]
Revenues $13,278,470
Expenditures/Deductions 13,342,299
Fund Balance Draw -63,829
Scholarships and Fellowships (Ledger 5)Scholarships and Fellowships (Ledger 5)
2003-04 2004-05 2005-06 2006-07
Federal Grants (includes Pell grant and the
Supplemental Educational Opportunity Grant – SEOG)
9,540,895 9,245,976 8,850,000 9,000,000
State Grants (includes State Need Grant) 7,154,889 7,497,572 8,850,000 9,000,000
EWU Grants(includes EWU grant, endowed
scholarships and license plate)
1,470,092 1,477,993 1,463,977 1,467,000
Private Grants (foundation endowed scholarships) 471,662 463,761 477,777 475,000
Total 18,637,538 18,685,302 19,641,754 19,942,000
Scholarships and Fellowships include funds for student aid programs, Scholarships and Fellowships include funds for student aid programs, some federal and state aid programs and privately endowed some federal and state aid programs and privately endowed scholarships.scholarships.
Sponsored Programs Sponsored Programs (Grants & Contracts)(Grants & Contracts)(Ledgers 4 & 5)(Ledgers 4 & 5)
2003-04 2004-05 2005-06 2006-07
Federal 6,393,425 5,508,858 5,431,000 5,688,000
State 3,049,788 4,549,967 4,295,000 4,640,000
Local 2,224,936 2,533,231 2,694,000 2,750,000
Private 2,375,546 2,368,029 2,285,000 2,396,000
Other 260,098 461,572 612,000 537,000
Total 14,303,793 15,421,657 15,317,000 16,011,000
Sponsored Programs include research grants, state work study Sponsored Programs include research grants, state work study funds, local grants, distinguished professorships. funds, local grants, distinguished professorships.
FY 2006FY 2006--2007 Non Ledger 1 Funds Summary2007 Non Ledger 1 Funds Summary
Revenues / Additions
Expenditures / Deductions
Dedicated Local Funds (Ledger 2) $16,872,613 $17,840,245
Service Funds (includes recharges) 4,824,318 4,788,033
ASEWU 2,496,006 2,568,430
Intercollegiate Athletics 4,299,988 4,299,988
Bookstore 6,887,144 6,800,078
Pence Union Building 913,218 908,494
Parking 620,000 632,967
Housing & Dining 13,278,470 13,342,299
Scholarships & Fellowships 19,942,000 19,942,000
Sponsored Programs & Contracts 16,011,000 16,011,000
Total $ 86,144,757 $ 87,133,534
Operating Budget Expenditure SummaryOperating Budget Expenditure Summary
Educational and General
State and Tuition $83,573,040
Dedicated Local Funds, Service funds 17,927,852
Total Educational and General $101,500,892
Auxiliary Enterprises (including transfers) 28,552,256
Scholarships and Fellowships 19,942,000
Sponsored Programs 16,011,000
FY07 Annual Operating Budget $166,006,148
Recommended ActionRecommended Action
It is recommended that the It is recommended that the Board of Trustees approve the Board of Trustees approve the operating budget of operating budget of $166,006,148 for fiscal year $166,006,148 for fiscal year 2007, which begins July 1, 2006 2007, which begins July 1, 2006 and ends June 30, 2007.and ends June 30, 2007.
Capital BudgetCapital Budget
Additional funds of $200,000 were provided in the 2006 legislative session
for pre-design of Patterson Hall.
Patterson HallPatterson Hall
Additional funds of $200,000 were provided in the 2006 legislative session for pre-design
of Martin/Williamson Halls.
Martin/Williamson HallsMartin/Williamson Halls
$23,300,000 for EWU Recreation Center
Recreation CenterRecreation Center
Housing & Dining
Internet Upgrades $100,000
Dormitory Furnishings $150,000
Restroom Upgrades $150,000
Misc. Emergent Needs $200,000
Total $600,000
Local Fund FY07 Capital ProjectsLocal Fund FY07 Capital Projects
Capital Budget Expenditure SummaryCapital Budget Expenditure Summary
Gardner-Evans Construction (357)
Patterson & Martin/Williamson predesign $400,000
EWU Recreation Center 23,300,000
FY07 Local Capital Projects 600,000
FY07 Supplemental Capital Budget $24,300,000
Recommended ActionRecommended Action
It is recommended that the It is recommended that the Board of Trustees approve the Board of Trustees approve the supplemental capital budget of supplemental capital budget of $24,300,000 (which includes $24,300,000 (which includes construction of the EWU construction of the EWU Recreation Center) Recreation Center) for the for the second year of the 2005-07 second year of the 2005-07 biennium, which begins July 1, biennium, which begins July 1, 2005 and ends June 30, 2007.2005 and ends June 30, 2007.