Auburn University FY13 Budget Overview

Auburn University presented its FY13 budget to the General Faculty Meeting on October 9, 2012. The total budget for FY13 was $1.017 billion, with divisions allocated varying amounts. Main Campus accounted for $818 million. The budget breakdown included restricted, unrestricted, and auxiliary funds, with revenue from different sources contributing to the overall budget.

• Auburn University
• FY13 budget
• Financial overview
• Main campus
• Budget breakdown

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1. AUBURN UNIVERSITY FY13 Budget Presented to the General Faculty Meeting October 9, 2012

2. Overview FY13 Budget Overview Outlook - challenges 2

3. Total FY13 Budget by Division $ 1.017B Main Campus $818M 80.4% ACES $50M 4.9% AAES $63M 6.2% AUM $86M 8.5% 3

4. Auburn University FY13 Total Budget - $1.017B Restricted $ 180M 17.7% Unrestricted $713M 70.1% Auxiliary $124M 12.2% 4

5. Auburn University-Main Campus FY13 Total Budget - $818M Restricted $ 120M 14.7% Unrestricted $582M 71.1% Auxiliary $116M 14.2% 5

6. Main Campus FY13 Total Proposed Unrestricted Budget-$582M By Revenue Source Other $59M Scholarships Waivers $99M State App $ 155M Net Tuition/fees $ 269M 6

7. Main Campus FY13 Total Unrestricted Budget-$582M By Revenue Source Other $59M Scholarships/ waivers $99M State App $ 155M Allocated Fees $59M Net Tuition/fees $188M SCH Alloc $22M GrossTuition/ fees $ 367M 7

8. Main Campus FY13 Total Proposed Unrestricted Budget- Excluding Scholarships and Direct Fee Allocations Other - Unit $44M Other - Central $15M State App $ 155M Net Tuition/fees $188M Allocable in Budget Process - $358M 8

9. AU Main Campus Budget by Type of Expense - $582M Amounts in Millions $55 $29 $59 Personnel Scholarships Transfers Plant Other $340 $99 9

10. AU Main Campus Budget by Type of Expense Excluding Scholarships-$483M Amounts in Millions $55 $29 $59 Personnel Transfers Plant Other $340 Transfers Debt $28M Stud fac/serv 19M Facilities/DM 6M Research 2M Proration Res 1M Pres Priorities 1M Other 2M 10

11. Outlook - Challenges State appropriations Other revenues Cost pressures 11

12. State Appropriations by Division (amounts in millions) FY08 Actual $220.0 FY13 Budget $155.5 Decrease since FY08 $ 64.5 AU AUM AAES ACES 30.9 $ 21.9 $ 9.0 41.2 $ 30.0 $ 11.2 44.6 $ 31.2 $ 13.4 $336.7 $238.6 $ 98.1 One-time proration of $64M in addition to permanent funding reductions 12

13. State Appropriations by Division Amounts in Millions FY08 Actual FY13 Budget Permanent Decrease FY08-13 FY08-13 One Time Proration Cumulative Effect for FY08-13 AU $220.0 $155.5 $ 64.5 $ 41.8 $ 307.9 AUM 30.9 21.9 $ 9.0 6.1 39.5 AAES 41.2 30.0 $ 11.2 7.9 53.6 ACES 44.6 31.2 $ 13.4 8.5 63.0 $336.7 $238.6 $ 98.1 $ 64.3 $ 464.0 13

14. Other revenues Investment returns very limited Gifts typically restricted Competition for grants and contracts and limits to full recovery of costs Tuition affordability issues & federal scrutiny Some success in increasing net tuition revenues with scholarship program changes Cost pressures Benefit cost increases TRS, health insurance Deferred maintenance & new facility needs Salary and wage improvement 14