FY15
Planning & Budget Committee (PBC) Reports
Recognizing that all PBC proposed options may not produce substantial savings in FY15, 51ºÚÁϳԹÏÍø has implemented a combination of across-the-board (ATB) reductions (applicable at the Vice Chancellor level) in addition to vertical or targeted reductions. This allows 51ºÚÁϳԹÏÍø leadership to achieve the necessary targets in FY15 while working on the longer-term items that may take more time to produce savings in FY16+.
A summary listing of the budget actions is posted HERE.
The full 51ºÚÁϳԹÏÍø report with detail is posted HERE.
- Unallocated UA General Funding Reduction $15,900.0
- Reduction to UA Travel $1,066.2
This translates to 51ºÚÁϳԹÏÍø impact as follows:
- 51ºÚÁϳԹÏÍø General Fund Reduction: $7,500.0
- Reduction to 51ºÚÁϳԹÏÍø Travel: $517.2
- 51ºÚÁϳԹÏÍø must pay utility increases not covered by the fuel trigger: up to $1,000.0
51ºÚÁϳԹÏÍø did receive one-time funding for some high priority program initiatives, including:
- Mandatory comprehensive student advising: $400.0 (shared with UAS)
- Hydrocarbon Optimization research: $500.0 (ACEP)
51ºÚÁϳԹÏÍø was able to secure funding for two major capital projects:
- 51ºÚÁϳԹÏÍø Engineering Building partial funding: $5,000.0 (with $5,000.0 receipt authority)
- Combined Heat & Power (CHP) plant: $162,000.0 (with $70,000 receipt authority/financing package & tuition/utility surcharge)
The final capital report including capital and operating budgets, next steps and an overview of key legislation passed during this session affecting the university is posted online .
Face to Face Budget Kickoff Meeting Documents & Presentation
51ºÚÁϳԹÏÍø FY15 Quick Reference Sheet - Items Submitted for BOR Approval - Nov 2013
FY15 51ºÚÁϳԹÏÍø Budget Executive Summary Narrative - August 2013
FY15 51ºÚÁϳԹÏÍø Operating Budget Request Narratives
FY15 51ºÚÁϳԹÏÍø Capital Budget Request Narratives
51ºÚÁϳԹÏÍø Budget Presentation to Statewide Administration - August 8, 2013
The FY15 BOR approved guidelines for the FY15 Planning & Budget process are posted below.
- Operating (High Priority Academic Programs & Services)
- Capital (Facility, Technology, Research & Maintenance)
A shift from the "hold the line" message in FY14, the FY15 guidelines emphasize cost containment in priority programs.
Alignment with SDI Themes is now specified (rather than implied in FY14) and there is a strong message of "capped growth" with a focus on reliance on internal offsets vs. general fund increases.
On the capital side, implementation of the UA Building Fund (UBF) and targeting a reduction in deferred maintenance is noted.