California State University

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California State University

• 2003/04 Final Budget Update

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2003-04 Final Budget CSU General Fund Fee
Revenue

• General Fund Support 2.492B
• Student Fee Revenue .976B
• Total General Fund
• Student Fee Revenue
• Support 3.468B

3
2003-04 Final Budget CSU Unfunded Costs
Reductions

• Unfunded Mandatory Costs (78.6M)
• Permanent Reduction inLong-term Needs (43.0M)
• CSU January Budget Reductions (326.1M)
• Legislative Budget Adjustments (83.3M)
• Total Fiscal Impact to CSU (531.0M)

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2003/04 Final Budget CSU Revenue Offsets

• Total CSU Revenue Offsets 227.0MNet Revenue
  from fee increases 167.0M(less State University
  Grant allocation) Revenue for 2002/03
  Over-enrollment 45.0M(Requires -6,744 FTES cut
  in enrollment served)Revenue from 2003/04
  Enrollment Growth 15.0M(Requires -2,275 FTES
  cut in planned enrollment growth)

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2003/04 Final Budget CSU Fiscal Impact

• CSU Unfunded Costs Reductions (531.0 M)
• CSU Revenue Offsets 227.0 M
• CSU Net Fiscal Impact (304.0 M)

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2003/04 Final BudgetStudent Access
13,782 FTES increase

• State revenue received for 4.3 enrollment
  growth 90.9 M
• State funding allocated for 4.3
  enrollmentincrease at marginal cost (90.9 M)

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Marginal Cost of Instruction

• Faculty Salaries
• Faculty Benefits
• Teaching Assistants
• Instructional Equipment
• Instructional Support
• Academic Support
• Student Services
• Institutional Support

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340,000
330,000
320,000
F
310,000
T
E
300,000
S
290,000
280,000
270,000
260,000
250,000
1996
-
97
1997
-
98
1998
-
99
1999
-
00
2000
-
01
2001
-
02
2002
-
03
2003
-
04
Target
Actual
-
9
Cumulative Funding Deficiency
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Funding Deficiency per FTES

• 2002-03 Funding per FTES 10,658
• 2002-03 Accumulated Budget Deficiency per FTES
  1,303
• (418.5 Million/321,132 FTES 1,303)
• Total Required Funding per FTES 11,961

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Change in CSU Average Funding per Student

• 2001/02 10,942 per FTES
• 2002/03 10,658 per FTES
• 2003/04 10,355 per FTES2003/04 Based on
  Final Budget funded target of 334,914 FTES and a
  30 student fee rate increase for undergraduates
  and graduates.

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General Fund Change in CSU Average Funding per
Student

• 2001-02 - 8,798 per FTES
• 2002-03 - 8,372 per FTES
• 2003-04 - 7,441 per FTES
• 2003-04 Based on Final Budget funded target of
  2.492 billion General Fund, 334,914 FTES.

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State Funding, Student Fee Revenue, and CSU
Funding Deficiency per FTES
Reflects estimated 2003/04 change in funding
deficiency per FTES
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CSU Budget Summary

• 304 Million Reduction - Net Fiscal Impact to the
  CSU Budget
• 90.9 Million - Support Increase of 4.3 Percent
  (13,782) Additional FTES
• Student Demand for Access Excess State Funded
  Enrollment Growth
• 1,357 per FTES, Loss of State General Fund
  Support
• 1,696 per FTES, CSU Cost of Education Deficiency
  Gap