Family Achievements and Milestones
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Presentation Transcript
Budget Update to University Senate October 12, 2010
Agenda FY11 Budget Proposed one-time salary supplement Budget outlook 2
Total FY11 Proposed Budget by Division $ 937M Main Campus $744M ACES $55M AAES $61M AUM $77M
Auburn University-Main Campus Proposed FY11 Total Budget - $744M Unrestricted $524M 70% Restricted $ 115M 16% Auxiliary $105M 14%
State Appropriations Reduction 2008 2009 2010 2011 Continuing State Appropriations $336.7 $293.7 $52.6 $336.7 $260.7 $ 76.0 $336.7 $242.8 $ 93.9 One-time proration $ 32.3 $ 19.5 $ 51.8 TOTAL Reductions over 3 Years $274.3
Auburn University-Main Campus Proposed FY11 Auxiliary Budget - $105M Bookstore 10% Other 2% IT 11% Athletics 58% Housing 19% Athletics Housing IT Bookstore Other
More Auxiliaries Auxiliary funds Self-supporting Each auxiliary assessed 6.3% for administrative costs
All Divisions Salary Supplement One-time merit-based salary supplement to be paid in December, 2010 Eligibility regular/continuing employee prior to June 1, 2010 Based on documented performance appraisals Individual supplements at 0-6% of base salary 8
All Divisions Salary Supplement Allocation to Colleges/VPs 4% on filled and eligible positions on base budget funds Source general fund balances, auxiliary funds and other soft funds Divisional breakdown AU - $13.7M AUM - $1.8M AAES-$1.3M ACES-$1.5M 9
STIMULUS FUNDING and OUTLOOK
Stimulus Final year of State Fiscal Stabilization Funds (SFSF) Allocated primarily to academic units to offset impact of budget reductions Main campus allocation of $16.9M
FY11 SFSF Allocations-Main Campus Funding GTA, part-time and temporary faculty positions Core Support Library subscription contract Honors Program personnel Classroom technology - OIT Diversity hires Graduate Opportunity Program Total to Provost $8.7M 1.7M 1.5M 1.3M 1.0M 1.0M 150K $ 15.4M
FY11 SFSF Allocations-Main Campus $873K 370K 300K $1.5M Chemical storage system Campus night shuttle Public Safety cameras Total other allocations
Outlook After budget was prepared 2% proration announced for FY10 - $5.2M impact In FY11 Stimulus will offset budget reductions in academic units Proration of FY11 State appropriation is possible and depending on amount, further one-time budget reductions may be necessary
