| Proposed 2004/05 University Expenditure Budget | ||||||
| 2003/04 Permanent Base Budget | $167,067,075 | |||||
| 2004/05 Budget Reduction | ($11,443,942) | Click on the highlighted
entries below to view the impacts of each reduction |
||||
| Total Permanent Budget | $155,623,133 | |||||
| One-time funds | $2,137,614 | Division permanent budgets linked at the bottom of this page | ||||
| Projected 04/05 Expenditure Budget | $157,760,747 | |||||
| 2004/05 Budget | 2003/04 Budget | |||||
| (as of 7-1-04) | (as of 7-1-03) | Change | Percent of Change | Possible 1-Time change | ||
| Salaries/Benefits | ||||||
| Faculty | $47,671,102 | $48,595,286 | ($924,184) | -1.90% | ||
| Temporary Faculty | $10,121,417 | $14,666,402 | ($4,544,985) | -30.99% | ||
| Staff and Administrators | $41,578,061 | $43,653,211 | ($2,075,150) | -4.75% | ||
| Student Assistant | $1,803,072 | $2,257,162 | ($454,090) | -20.12% | ||
| Employee Benefits | $36,348,487 | $36,348,487 | ($50,000) | |||
| Total Salaries/Benefits | $137,522,139 | $145,520,548 | ($7,998,409) | |||
| Operating Expenses | ||||||
| Supplies & Services | $5,675,105 | $7,926,100 | ($2,250,995) | -28.40% | ||
| Equipment (including Instructional Equipment) | $434,144 | $809,002 | ($374,858) | -46.34% | ||
| Travel | $253,389 | $546,236 | ($292,847) | -53.61% | ||
| Utilities | $4,926,859 | $4,926,859 | ($75,000) | |||
| Books, Periodicals, Serials | $1,205,386 | $1,255,438 | ($50,052) | -3.99% | ||
| Insurance Premiums | $3,025,991 | $3,025,991 | ||||
| University Reserve | $337,415 | $337,415 | $125,000 | |||
| Budget Reduction Reserve | $1,056,401 | $1,056,401 | ||||
| Special Repairs/Deferred Maintenance | $1,186,304 | $1,663,085 | ($476,781) | -28.67% | ||
| Total Operating Expenses | $18,100,994 | $21,546,527 | ($3,445,533) | |||
| Mandatory Costs | ||||||
| Unfunded Increases in Mandatory Costs | ($2,990,570) | |||||
| Funded from Overall Budget Reductions | $2,990,570 | |||||
| Total Permanent Budget | $155,623,133 | $167,067,075 | ($11,443,942) | |||
| Annual One-Time Commitments | ||||||
| Faculty Travel | $120,000 | |||||
| Faculty Development | $100,000 | |||||
| Staff Development | $100,000 | |||||
| PeopleSoft Expense | $500,000 | |||||
| Est. Credit Card Expense | $400,000 | |||||
| Police Salaries | $300,000 | |||||
| Temp Backfill AA (Lib) | $367,614 | |||||
| Annual 1-time Reserves | $250,000 | |||||
| Special Repairs/Deferred Maintenance | $300,000 | |||||
| Total Annual One-Time Commitments | $2,137,614 | |||||
| Total Expenditure Budget | $157,760,747 | |||||
| Notes: (1) Does not include Financial Aid, Reimbursed Activities, Health Services | ||||||
| (2) For comparability to 04/05, 03/04 Benefits Figure Includes Allocation Received After 7/1/03 for Employer Retirement Rate Increase | ||||||