Budget Submissions Overview of Indiana Public Postsecondary Institutions (2011-2013)

Detailed analysis of budget submissions for Indiana public postsecondary institutions from 2011-2013, including state appropriations, operating expenses, debt services, and total operating submissions funded by state funds. The data covers various institutions such as Ball State University, Indiana State University, Indiana University, Ivy Tech Community College, Purdue University, University of Southern Indiana, and Vincennes University.

• Budget submissions
• Indiana
• Postsecondary institutions
• Higher education
• State appropriations

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1. Summary of 2011 2013 Budget Submissions OVERVIEW OF INDIANA PUBLIC POSTSECONDARY INSTITUTIONS FOR THE 2011 2013 BIENNIUM COMMISSION FOR HIGHER EDUCATION SEPTEMBER 10, 2010

2. 2009 2011 State Approp. for Higher Education 2 2009-2010 Budget 2010-2011 Budget % Change -0.3% Campus Operating $1,232,147,725 $1,228,799,414 15.7% Debt Service** $167,538,753 $193,772,386 -0.1% Higher Ed. Line Items $69,715,189 $69,662,721 2.6% SSACI $262,131,147 $268,831,930 0% Repair and Rehab.* $0 $0 $1,731,532,814 $1,761,066,451 1.7% TOTAL *R&R was funded from Federal ARRA funds in the 2009-2011 Budget (2010 Only) ** Includes $16.5M of Debt Service Funding with SBA in 2010-2011 Note: Appropriations include all general and dedicated funds. No federal funds are included. 11/13/2024

3. 2011-2013 State Approp. for Higher Education 3 2010-2011 Budget 2011-2012 Submission % Chg. 2011 to 2012 2012-2013 Submission % Chg. 2012 to 2013 Campus Operating $1,228,799,414 $1,355,394,218 10.3% $1,355,394,218 0.0% Debt Service $193,772,386 $169,892,610 -12.3% $195,418,320 15.0% Higher Ed. Line Items** $69,662,721 $77,040,148 10.6% $77,012,648 -0.1% SSACI* $268,831,930 $268,831,930 0.0% $268,831,930 0.0% Repair and Rehab.*** $0 $76,742,119 $76,742,119 TOTAL $1,761,066,451 $1,947,901,025 10.6% $1,973,399,235 1.3% *Assumes SSACI is held flat from 2010-2011 (Awaiting SSACI Budget Submission) ** Assumes both Institution requests and holding flat other HE line items from 2010-2011 (Continuing Analysis, Indiana Innovation Alliance) *** R&R request are state funds, does not include ARRA funding Note: Appropriations include all general and dedicated funds. No federal funds are included. 11/13/2024

4. 2011-2013 Total Operating Submission: State Funds 4 2010-2011 Budget 2011-2012 Submission % Chg. 2011 to 2012 2012-2013 Submission % Chg. 2012 to 2013 Ball State University $139,479,783 $142,695,264 2.3% $146,434,559 2.6% Indiana State University $80,991,272 $81,044,679 0.1% $85,742,320 5.8% Indiana University Total $532,741,564 $548,294,837 2.9% $541,900,853 -1.2% Ivy Tech Comm. College IN $207,021,129 $275,889,860 33.3% $286,098,610 3.7% Purdue University Total $353,072,969 $374,336,898 6.0% $384,581,386 2.7% University of Southern IN $50,291,884 $55,015,067 9.4% $56,314,239 2.4% Vincennes University $42,473,199 $48,010,223 13.0% $49,740,571 3.6% TOTAL $1,406,071,800 $1,525,286,828 8.5% $1,550,812,538 1.7% *Only uses Campus Operating and Debt Service, does not include Capital, R&R, and HE Line Items Note: 2010-2011 Budget total does not include SBA Fee Replacement of $16.5M for this slide 11/13/2024

5. 2011-2013 Expenditure Adjustments Overall 5 2011-2012 Submission 2012-2013 Submission Successfully Completed Credit Hours $81,653,749 $81,653,749 Dual Credit SCCH $8,938,601 $8,938,601 Change in Degrees $8,702,000 $8,702,000 On-Time Degrees $531,657 $531,657 Low Income Degrees $2,705,000 $2,705,000 Research Incentive $22,692,468 $22,692,468 Other Adjustment $1,131,350 $1,131,350 TOTAL $126,354,825 $126,354,825 * Each Institution included items for the various Expenditure Adjustments based on formulas used in the Budget Instructions and rates/formulas for each adjustment 11/13/2024

6. 2011-2013 Expenditure Adjustments Detail 6 2011-2012 Submission 2012-2013 Submission Successfully Completed Credit Hours IU (All Campuses) PU (All Campuses) $11,033,000 $6,301,900 $4,333,725 $0 $2,108,624 $2,459,050 $55,417,450 $81,653,749 $11,033,000 $6,301,900 $4,333,725 $0 $2,108,624 $2,459,050 $55,417,450 $81,653,749 VU ISU BSU USI ITCCI TOTAL Dual Credit Successfully Completed Credit Hours IU (All Campuses) PU (All Campuses) $649,825 $762,025 $1,192,125 $58,438 $454,644 $336,600 $5,484,944 $8,938,601 $649,825 $762,025 $1,192,125 $58,438 $454,644 $336,600 $5,484,944 $8,938,601 VU ISU BSU USI ITCCI TOTAL 11/13/2024

7. 2011-2013 Expenditure Adjustments Detail 7 2011-2012 Submission 2012-2013 Submission Change in Degrees IU (All Campuses) PU (All Campuses) $2,562,500 $1,235,000 ($218,500) ($35,000) $145,000 $645,000 $4,368,000 $8,702,000 $2,562,500 $1,235,000 ($218,500) ($35,000) $145,000 $645,000 $4,368,000 $8,702,000 VU ISU BSU USI ITCCI TOTAL On-Time Degrees IU (All Campuses) PU (All Campuses) $169,125 $360,309 ($3,153) $110,298 ($140,362) $35,440 $0 $531,657 $169,125 $360,309 ($3,153) $110,298 ($140,362) $35,440 $0 $531,657 VU ISU BSU USI ITCCI TOTAL 11/13/2024

8. 2011-2013 Expenditure Adjustments Detail 8 2011-2012 Submission 2012-2013 Submission Low Income Degrees IU (All Campuses) PU (All Campuses) $607,500 $747,500 $207,500 $217,500 ($127,500) $220,000 $832,500 $2,705,000 $607,500 $747,500 $207,500 $217,500 ($127,500) $220,000 $832,500 $2,705,000 VU ISU BSU USI ITCCI TOTAL Research Incentive IU (All Campuses) PU (All Campuses) $11,201,273 $11,136,221 $0 $0 $354,974 $0 $0 $22,692,468 7$11,201,273 $11,136,221 $0 $0 $354,974 $0 $0 $22,692,468 VU ISU BSU USI ITCCI TOTAL Other Adjustment (VU Only) $1,131,350 $1,131,350 11/13/2024

9. 2011-2013 State Debt Service Funding 9 2010-2011 Budget 2011-2012 Submission % Chg. 2011 to 2012 2012-2013 Submission % Chg. 2012 to 2013 Ball State University $14,296,955 $14,717,056 2.9% $18,456,351 25.4% Indiana State University $9,455,023 $8,917,196 -5.7% $13,614,837 52.7% Indiana University Total $70,852,269 $60,182,338 -15.0% $53,788,354 -10.6% Ivy Tech Comm. College IN $31,178,968 $33,944,805 8.9% $44,153,555 30.1% Purdue University Total $35,086,990 $35,807,964 2.1% $46,052,452 28.6% University of Southern IN $11,119,519 $12,146,612 9.2% $13,445,784 10.7% Vincennes University $5,282,662 $4,176,639 -20.9% $5,906,987 41.4% State Budget Agency $16,500,000 0 -100.0% 0 TOTAL $193,772,386 $169,892,610 -12.3% $195,418,320 15.0% * 2010-2011 shows appropriated, actual total Debt Service from Institutions is $173.2M Overall Debt Ratio: 2011 13.7%; 2012 11.2%; 2013 12.6% Note: Debt Service includes all pending and approved projects from the 2009-2011 Biennium Note: BSU and ITCCI assumed partial debt payments in 2012-2013 11/13/2024

10. 2011-2013 Total New Capital Projects: All Funds 10 Biennium Submission Ball State University $53,471,000 Indiana State University $63,363,960 Indiana University Total $217,616,152 Ivy Tech Comm. College IN $145,650,000 Purdue University Total $184,412,189 University of Southern IN $17,425,000 Vincennes University $16,445,936 TOTAL $698,384,237 Note: Includes all capital projects from all funds for 2011-2013 and R&R cash requests 11/13/2024

11. 2011-2013 New Capital Requests: State Funds 11 Biennium Submission Capital Projects/ % of Total Submission Repair and Rehabilitation Submission Ball State University $32,000,000 / 60% $18,471,000 Indiana State University $54,000,000 / 85% $9,363,960 Indiana University Total $153,000,000 / 70% $64,616,152 Ivy Tech Comm. College IN $140,000,000 / 96% $5,650,000 Purdue University Total $116,000,000 / 63% $48,412,189 University of Southern IN $15,000,000 / 86% $2,425,000 Vincennes University $11,900,000 / 72% $4,545,936 TOTAL $521,900,000 / 74% $153,484,237 Note: If all state funded projects are approved and bonded in 2012, it would add approximately $45.5M in Debt Service Costs in 2012-2013 (20 years at 6%) 11/13/2024

12. 2011-2013 Ball State New Capital Projects 12 State Funds Other Funds Total Funds College of Architecture & Planning Renovation $22,000,000 $0 $22,000,000 Expansion of Tunnel Utility Systems $10,000,000 $0 $10,000,000 TOTAL $32,000,000 $0 $32,000,000 Estimated New Debt Service beginning 2012-2013 - $2,768,160 Note: BSU assumed 9 months of debt service starting in 2012-2013 11/13/2024

13. 2011-2013 Indiana State New Capital Projects 13 State Funds Other Funds Total Funds Renovation of Normal Hall $14,000,000 $0 $14,000,000 Renovation of Arena Building $40,000,000 $0 $40,000,000 TOTAL $54,000,000 $0 $54,000,000 Estimated New Debt Service beginning 2012-2013 - $4,707,966 11/13/2024

14. 2011-2013 IU New Capital Projects 14 State Funds Other Funds Total Funds Academic Core Renovation & Utilities Upgrade (IUB) $57,000,000 $0 $57,000,000 Wells Library Renovation Phase I (IUB) $30,000,000 $0 $30,000,000 Science & Engineering Lab Building Phase II (IUPUI) $15,000,000 $0 $15,000,000 Van Nuys Medical Science Lab. Renovation Phase IV (IUPUI) $22,000,000 $0 $22,000,000 Regional Campus Projects $29,000,000 $0 $29,000,000 TOTAL $153,000,000 $0 $153,000,000 Estimated New Debt Service beginning 2012-2013 - $0 (IU assumes debt service will be needed starting in 2013- 2015 at $13.3M per year) Regional Campus Projects include: - Chiller No. 1 Replacement and Whitewater Hall Roof Replacement IUE - Raintree Plumbing Replacement; Moraine RTU/Duct Screening; Hawthorn First Floor Renovation IUN - Physical Science , Crestview, Activities Bldg. and Hillside Hall AHU, Ductwork & VAC Replacement, Heating/Reheating Coils; Physical Science Building Window Replacement IUS - Main Building Renovation Phase I IUK - Northside Hall Renovation Phase I; Admin Bldg. Window Upgrade; Riverside Hall Police/FM Renovation; Admin Bldg. First Floor Renovation - IUSB 11/13/2024

15. 2011-2013 Ivy Tech New Capital Projects 15 State Funds Other Funds Total Funds Muncie New Construction $35,000,000 $0 $35,000,000 Lafayette New Construction $25,000,000 $0 $25,000,000 South Bend New Construction $25,000,000 $0 $25,000,000 Fort Wayne New Construction $25,000,000 $0 $25,000,000 Columbus New Construction $30,000,000 $0 $30,000,000 TOTAL $140,000,000 $0 $140,000,000 Estimated New Debt Service beginning 2012-2013 - $12,205,838 Note: ITCCI assumed 6 months of debt service starting in 2012-2013 11/13/2024

16. 2011-2013 Purdue New Capital Projects 16 State Funds Other Funds Total Funds Helmke Library Renovation (IPFW) $13,500,000 $0 $13,500,000 Chiller Power Plant Expansion & Infrastructure Improvements (North Central) $3,500,000 $0 $3,500,000 Agriculture & Life Science Building (West Lafayette) $38,000,000 $20,000,000 $58,000,000 Emerging Technologies Building (Calumet) $27,600,000 $0 $27,600,000 Science Building (North Central) $33,400,000 $0 $33,400,000 TOTAL $116,000,000 $20,000,000 $136,000,000 Estimated New Debt Service beginning 2012-2013 - $10,113,409 11/13/2024

17. 2011-2013 USI New Capital Projects 17 State Funds Other Funds Total Funds Classroom Renovation/Expansion $15,000,000 $0 $15,000,000 TOTAL $15,000,000 $0 $15,000,000 Estimated New Debt Service beginning 2012-2013 - $1,297,872 11/13/2024

18. 2011-2013 Vincennes New Capital Projects 18 State Funds Other Funds Total Funds Facilities & Infrastructure Energy Management Project $11,900,000 $0 $11,900,000 TOTAL $11,900,000 $0 $11,900,000 Estimated New Debt Service beginning 2012-2013 - $1,037,496 11/13/2024

19. 2011-2013 Budget Process 19 September and October: Institutions present budget requests December: CHE votes on Budget Recommendations to Governor and General Assembly Budget Committee Recommends Budget to General Assembly House then Senate pass Budget Possible Conference Committee Governor signs Budget into Law Start 2011-2012 fiscal year on 7/1/11 11/13/2024