Understanding the UMass Boston Budget

1
Understanding the UMass Boston Budget

• Finance and Administration Advisory Group
• March 2009

2
Revenue
3
State Appropriation and Tuition Fees Are 2
Largest Sources of Revenue

• FY08 Revenue from All Sources Totaled 274.7M.

0.5
0.6
0.7
0.7
3.3
19.3
39.8
35.1
4
Over Time, UMass Boston Has Become Increasingly
Dependent upon Tuition Fees
5
Understanding Our Revenue SourcesState
Appropriation vs. Tuition and Fees

• As the graph on the previous page illustrates,
  over time, UMass Boston has become increasingly
  dependent upon tuition and fees to fund its
  operations.
• The FY08 state appropriation represented about
  40 of UMass Bostons total revenue, a decrease
  of 35 compared to FY85.
• This change is the result of previous state
  budget cuts and the fact that, even in good
  times, the state appropriation has grown more
  slowly than our salary expenses.
• Recent budget reductions accelerate this process.
• As a result, although historically, people have
  preferred to have the salaries for their
  departments on the state appropriation rather
  than soft source of trust funds, the reality is
  that trust funds are becoming a more reliable
  funding source than the state appropriation.

6
Fees Retained on Campus To Support Operations
Gross, excludes waivers
7
expenses
8
UMass Boston Operating Budget by Expense Type

• Over 60 of UMass Bostons operating expenses are
  for personnel.

9
Fall 2008 FTEs by Executive Area
Source OIRP
10
Breakout of FY09 Expense Budget by Executive Area
Includes grants contracts, state-funded
fringe benefits, tuition discounts excludes
depreciation capital spending Includes
energy, cleaning, central assessment for
Presidents Office, shuttle bus service, and
fringe (Medicare, Universal Health
Unemployment))
11
Breakout of FY09 Academic Affairs Budget by Major
Category
12
FY09 Budget by College
13
Breakout of AF Budget
of Budget
Excludes Parking Transportation and
Central Reprographics Excludes shuttle bus
service Includes mailroom
14
Breakout of Central Expenses
Medicare, Universal Health Unemployment