University of South Carolina FY20082009 Preliminary Budget

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University of South CarolinaFY2008-2009
Preliminary Budget

• Board of Trustees
• Executive Committee
• June 18, 2008

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Internal Budget Process

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System Budget FY2009
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University of South Carolina SystemProposed
Total Current Funds Budget FY2008-09
Revenues
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University of South Carolina SystemProposed
Total Current Funds Budget FY2008-09
Expenditures
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FY 2009 State Funding
USC Beauforts reduction includes reduction of
180,240 for Penn Center Early Childhood At-Risk
Family Initiative
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USC Columbia Tuition and FeesFY 2009
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Estimated Resident Undergraduate Cost per
Semester Current 2007-08 to Proposed 2008-09
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USC Columbia Campus Operating Budget FY2009
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USC Columbia Campus FY 2009State Budget Cut
Impact
State Budget Cut
( 4,301,711) Reduction in State
Appropriations 3,768,892 Tuition
Impact Travel Cut 532,819 -
Passed on to Academic Service Units
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USC Columbia Campus FY 2009 Academic Programs
and Services
Faculty Excellence Initiative
750,000 Global Competitiveness Initiative
200,000 University Libraries
369,941 Total
1,319,941
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USC Columbia Campus FY 2009 Academic Support
and Student Affairs Programs

• Scholarship 4 Fee Waiver Increase
  701,227
• In-State Undergraduate
• Enrollment Management 355,000
• Gamecock Guarantee Operations
  100,000
• Student Affairs Planning Compliance
  120,000
• Study Abroad Data Management
  10,000
• MyStudentBody.com 14,330
• Total 1,300,557

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USC Columbia Campus FY 2009 General
Institutional Costs and Central Operations

• Utility Increases 988,636
• Insurance Increase
  166,386
• Law Enforcement and Safety - Fuel Adjustment
  125,000
• Facilities - Fuel Adjustment
  100,000
• Facilities - Sustainability Coordinator
  80,828
• Facilities - Salary Allocation Plan - Year Three
  500,000
• Facilities - OM of Strings Facility and Band
  Hall 100,027
• Env. Health Safety - Fire Alarm Inspection
  145,980
• Env. Health Safety - Hazardous Waste Increase
  15,000
• Human Resources Initiatives
  24,147
• Total 2,246,004

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USC Columbia Campus FY 2009 Pay Package,
Health Insurance and Retirement

• University Share of Pay Package
• Salary 665,080
• Fringe Benefits 156,853
• Retirement Health Insurance Increases
  735,000
• Total 1,556,933

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USC Columbia Campus FY 2009 Mandated Fee
Distributions

• Institutional Bond 1,000,000
• Student Health Center 80,000
• Student Activities 240,000
• Total
  1,320,000

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USC Columbia Campus FY 2009Non-Recurring
Funding Recommendations
Academic Support and Student Affairs Programs

• Enrollment Management
  66,000
• Gamecock Guarantee Operations
  175,000
• Student Affairs Planning and Compliance
  4,320
• Study Abroad Data Management
  60,000
• MyStudentBody.com 48,680
• Total
  354,000

General Institutional Costs and Central Operations
Utilities - Franchise Fee
72,900 Facilities OM of Strings Facility and
Band Hall 12,000 Total 84,900
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USC Columbia - Source of A Funds
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USC Columbia - Source of A Funds
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USC Columbia - Use of A Funds
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USC Columbia - Use of A Funds
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System Tuition and Fees FY2009
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Required Tuition Fees per Semester for
Full-time Students Current 2007-08 to Proposed
2008-09
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Senior Regional Campuses Required Tuition
Fees per Semester for Full-time Students Current
2007-08 to Proposed 2008-09
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