Budget & Planning

FY15

 

 Planning & Budget Committee (PBC) Reports

Recognizing that all PBC proposed options may not produce substantial savings in FY15, 草榴社区 has implemented a combination of across-the-board (ATB) reductions (applicable at the Vice Chancellor level) in addition to vertical or targeted reductions. This allows 草榴社区 leadership to achieve the necessary targets in FY15 while working on the longer-term items that may take more time to produce savings in FY16+.

A summary listing of the budget actions is posted HERE.

The full 草榴社区 report with detail is posted HERE.

 The final version of the UA operating budget (pending vetoes) is 2% less in state appropriations than the FY14 operating budget. Reductions to the UA operating budget in FY15 include:
  • Unallocated UA General Funding Reduction $15,900.0
  • Reduction to UA Travel $1,066.2

This translates to 草榴社区 impact as follows:

  • 草榴社区 General Fund Reduction: $7,500.0
  • Reduction to 草榴社区 Travel: $517.2
  • 草榴社区 must pay utility increases not covered by the fuel trigger: up to $1,000.0

草榴社区 did receive one-time funding for some high priority program initiatives, including:

  • Mandatory comprehensive student advising: $400.0 (shared with UAS)
  • Hydrocarbon Optimization research: $500.0 (ACEP)

草榴社区 was able to secure funding for two major capital projects:

  • 草榴社区 Engineering Building partial funding: $5,000.0 (with $5,000.0 receipt authority)
  • Combined Heat & Power (CHP) plant: $162,000.0 (with $70,000 receipt authority/financing package & tuition/utility surcharge)

The final capital report including capital and operating budgets, next steps and an overview of key legislation passed during this session affecting the university is posted online .

The FY15 BOR approved guidelines for the FY15 Planning & Budget process are posted below.

- Operating (High Priority Academic Programs & Services)
- Capital (Facility, Technology, Research & Maintenance)

A shift from the "hold the line" message in FY14, the FY15 guidelines emphasize cost containment in priority programs.

Alignment with SDI Themes is now specified (rather than implied in FY14) and there is a strong message of "capped growth" with a focus on reliance on internal offsets vs. general fund increases.

On the capital side, implementation of the UA Building Fund (UBF) and targeting a reduction in deferred maintenance is noted.