Michael Williams associate Vice President for finance amp administration October 21 2016 20162017 University Budget 2 University Budget 20162017 Total Budget Summary 3 ID: 785608
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Slide1
Fall Deans &Department Chair Meeting
Michael Williams
•
associate Vice President for finance & administration
October 21,
2016
Slide22016-2017University
Budget
2
Slide3University
Budget
2016-2017 Total
Budget
Summary
3
Amount
Percent
Education & General - State Support
$501,507,195
31.04%
Education & General - Tuition and Fees
209,778,182
12.98%
Restricted Funds
323,197,186
20.00%
Auxiliary Funds
211,136,839
13.07%
Designated Funds
82,576,041
5.11%
Debt Service
22,910,000
1.42%
Capital Projects
178,763,417
11.06%
Component Units
85,932,287
5.32%
Total Budget
$1,615,801,147
100.00%
Slide4University Budget
4
Estimated Total Operating Budget (in billions)
Percentage of SUS Budget
University of Florida
$3.51
30.57%
University of South Florida
1.93
16.81%
University of Central Florida
1.65
14.37%Florida State University1.35 11.76%Florida International University1.08 9.41%Florida Atlantic University0.76 6.62%Florida Agricultural & Mechanical University0.32 2.79%University of West Florida0.29 2.53%University of North Florida0.28 2.44%Florida Gulf Coast University0.22 1.92%Florida Polytechnic University0.05 0.44%New College0.04 0.35%Total$11.48 100.00%
2016-2017
State University System Operating Budget
Slide5University
Budget
2016-2017 New E&G Appropriations
5
Description
Amount
Preeminence Funding
$13,450,000
Performance Based Funding
10,628,695
Tuition Adjustments (Potential Enrollment Growth and Waiver Adjustments)
2,331,853
Innovation & Engineering Pipeline-Facility Renovations2,000,000 High Risk Delinquent/Dependent Youth Education Research1,569,000 College of Law Scholarships/Faculty1,000,000 College of Medicine Mental Health Early Screening1,000,000 Other1,510,770 Total New E&G Appropriations$33,490,318
Slide6University Budget
Resident
Non-Resident
Tuition:
Tuition
$ 105.07
$ 105.07
Student Financial Aid Fee
5.25
5.25
Capital Improvement Trust Fund Fee
4.76
4.76 Out-of-State Fee - 481.48 Student Financial Aid - 24.07 Subtotal $ 115.08 $ 620.63 Fees:Athletic Fee $ 7.90 $ 7.90 Activity and Service Fee 12.86 12.86 Health Fee 13.97 13.97
Transportation Fee
8.90
8.90
Tuition Differential Fee
49.59
49.59
Student Affairs Facility Use Fee
2.00 2.00 Technology Fee 5.25 5.25 Subtotal $ 100.47 $ 100.47 Total per Credit Hour $ 215.55 $ 721.10 Student Affairs Facility Use Fee per semester $ 20.00 $ 20.00 Academic Year (30 Hours) $ 6,506.50 $ 21,673.00 Academic Year (30 Hours Less Tuition Differential) $ 5,018.80 $ 20,185.30
6
2016-2017
Undergraduate Tuition & Fees
Slide72016-2017 Construction Budget7
Project
Planned
Expenditures
Doak Campbell Stadium
$42,547,869
Housing
Residence Halls - Phase
II
39,200,313
Earth, Ocean and Atmospheric Science Building
17,000,000
Doak Campbell Stadium Scoreboard14,980,363FSU Childcare Center Replacement5,518,938Tucker Center Locker Rooms4,501,056All Others55,014,878Total$178,763,417
Slide82016-2017 Fixed Capital Outlay Budget Request
8
Slide99
5 Year PECO-Eligible
Project Request
Summary
Economic Impact
Priority
Project Title
Total Requested
Project Total
Output
Jobs
Income
1Utilities / Infrast. / Capital Renewal / Roofs$95,000,000 $95,000,000 $210,647,087 1,500 $65,541,989 2EOAS Building (Phase I)29,000,000 69,850,000 $138,651,292 854 38,385,948 3IRCB41,000,000 86,000,000 $168,723,833 1,040 46,699,436 4College of Business Building44,000,000 88,000,000 $175,075,789 1,079 48,457,533 5STEM Teaching Lab Building42,500,000
42,500,000
$84,361,917
520
23,349,719
6
Veterans Legacy Complex
28,500,000
33,500,000 $66,497,041 410 18,405,072 7FAMU-FSU College of Engineering III5,034,335 5,034,335 $9,993,085 62 2,765,890 8FSU/TMH Medical Education Building46,400,000 46,400,000 $92,103,364 568 25,492,398 9Winchester Building Remodeling8,850,000 8,850,000 $19,623,438 140 6,105,754 10Library System Improvements (Phase I)33,800,000 33,800,000 $74,946,016 534 23,319,150 11Land Acquisition15,000,000 15,000,000 $35,415,231 280 8,721,098 12Academic Support Building43,200,000 43,200,000 $85,751,407 529 23,734,303
13
Dittmer Building Remodeling
56,500,000
56,500,000
$116,599,750
830
36,363,077
14
Physics Building
69,400,000
69,400,000
$127,292,556
787
35,452,211
15
Kellogg Research Building Remodeling
20,000,000
20,000,000
$45,009,910
328
14,683,606
16
Biology Unit I Building Remodeling
35,000,000
35,000,000
$69,474,519
428
19,229,179
Total
$613,184,335
$748,034,335
$1,520,166,235
9,889
$436,706,363
Slide102016-2017Major Initiatives
10
Slide112016-2017 Major Initiatives
11
New Procurement System (
SciQuest
)
New Travel Management Services and System (World Travel Services and Concur
New Food Service Provider Agreement (Currently
Aramark)
New Banking
Services
Agreement
(Currently Bank of America)
Panama City Branch Campus – Housing Project (Public Private Partnership)
Slide12Contacts
12
Michael Williams
Sandy Scanlan
Associate Vice President
Controller
(850) 644-7351
(850) 644-9474
mswilliams@fsu.edu
sscanlan@fsu.edu
Michael Lake
Ian Robbins
Budget DirectorProcurement Director(850) 644-2478(850) 644-9719mlake@fsu.eduirobbins@fsu.eduCharles FriedrichBusiness Services Director(850) 644-2000friedrich@fsu.edu