Budgets

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• Budgets Projects Forum
• April 25, 2006

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Agenda

• Overview
• University Budgets
• Endowment
• Energy
• Capital Projects
• Q A

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The Resource Perspective
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Financial Performance Overview FY 1995, FY 2006,
FY 2012
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Resources Building Blocks

• Generally Positive Economy
• Successful Completion of 470M Capital Campaign
• Supportive Community
• Experienced and Collegial Leadership
• Talented Staff
• Clear Organization and Responsibility Structure
• Effective Information Systems
• Policies and Procedures
• Master Plans University, Major Program Areas
  and Assets
• Financial Planning Model and Integrated Plan

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• University Budgets

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FY 2006 Operating Revenues
Where Does it Come From?
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Where Does it Go?
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Where Does it Go?
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FY 2006 FY 2007 Budget Assumptions
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• Endowment

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Beginning Year Market ValuesFY 1995 FY 2006
ENDOWMENT BEGINNING YEAR MARKET VALUES (M)
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Annual Endowment Total Returns
YTD
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Endowment Draw for Operations
BASED ON 3-YEAR AVERAGE MARKET VALUE
Goal Sustainable draw at 5 or less (historical
average total return CPI)
(budgeted)
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Gifts Added To Endowment vs. Draw for
Operations(M)
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• Energy

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Utilities Consumption - Main Meters
Includes gas and oil consumed for central
heating plant.
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Energy Savings Program FY 05 06 Implemented
and Planned Energy Conservation Measures
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Energy Savings Program

• Energy prices have been unstable during FY06
• FY06 utility expenses projected at 13M
• Recommended FY07 utility budget is net of
  projected 1M in reduced costs resulting from
  Energy Savings Program
• Spent 1.4M on energy savings projects since FY
  2005

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• Capital Projects

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FY 2006 Projected Capital Expenses and FY 2007
Preliminary Capital Budget
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Major Current and Planned Projects
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Science Complex Renewal ProjectPreliminary
Schedule
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(No Transcript)
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Science Complex Renewal Project

• Phases 1 and 2 Schematic Design (SD) nearly
  complete
• Final programmatic decisions by Provost being
  incorporated
• Pricing of SD to begin May 5

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Science Complex Renewal ProjectCross Section of
Phase 1 Building
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Science Complex Renewal Project

• Phases 1 and 2 Schematic Design (SD) nearly
  complete
• Final programmatic decisions by Provost being
  incorporated
• Pricing of SD to begin May 5

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Heller School Schneider BuildingArchitects
Rendering
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Schneider Building, Heller School View of Main
Entrance
4/19/06
3/17/2006
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Schneider Building, Heller SchoolView of Forum
4/19/06
3/13/2006
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Schneider Building, Heller SchoolArchitects
Rendering of Forum
3/13/2006
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Heller-Brown Renovation

• Renovation scope to include
• Code-work
• Complete mechanical upgrade
• New classrooms
• Conference rooms
• Graduate student carrels
• GIS lab
• Offices

• Replacement and addition of furnishings

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Infrastructure Renewal Project

• Infrastructure Renewal Project largely complete
• Remaining elements include
• Second phase of the campus signage program
• New electric substation

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Edmond J. Safra Center for the Arts

• Schematic design by Bruner/Cott nearing
  completion
• Based on programming work
• Coordination with campus master plan

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Edmond J. Safra Center for the Arts Both Phases

• Siting study
• Constraints include wetlands, Rose Art, Spingold,
  and important pedestrian path to IBS
• Phasing options study
• Phase 1 23,000 SF, east of Pollack
• Future Phase 2 south of Phase 1, linking to
  Goldman-Schwartz

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Edmond J. Safra Center for the Arts

• Schedule
• Schematic design expected to be complete by end
  of May
• Start of construction anticipated in early 2007

• Occupancy of Phase 1 building for fall 2008
  semester

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New Ridgewood Residence Hall

• New residence hall to occupy existing Ridgewood
  Quad site
• Planned apartment style housing to provide 250 to
  300 beds
• Consultant Biddison Hier assisted University in
  initial programming
• Architect William Rawn engaged, initially for
  Pre-Design Cost Control workshops

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Old South Street Project

• Two parcels acquired by University, adding 2/3
  acre to Universitys existing 1-1/4 acres
• With Old South St. and land on. opposite side of
  street, site is 4 acres.
• Renovation to be completed, to provide new home
  for Rabb School and BOLLI.
• Removal of MEU from Chapels Field

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• Questions Answers

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Brandeis Web Pages

• Executive Vice President/Chief Operating Officer
  (www.brandeis.edu/evpcoo/)
• Budget (www.brandeis.edu/budgetandplanning/)
• Business Conduct Policy (www.brandeis.edu/evpcoo/)
  
• Facilities Services (www.brandeis.edu/facilities/)
  
• Financial Affairs (www.brandeis.edu/financialaffai
  rs/)
• Human Resources (www.brandeis.edu/humanresources/)
  
• ITS (http//lts.brandeis.edu)
• Capital Projects (www.brandeis.edu/capitalprojects
  /)
• Public Safety (www.brandeis.edu/departments/public
  _safety/)