UGA - Funding Source Summary FY 2014 FY 2002. FY 2014 State Budget (by Policy Area) As Percent of...
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Transcript of UGA - Funding Source Summary FY 2014 FY 2002. FY 2014 State Budget (by Policy Area) As Percent of...
UGA - Funding Source Summary
Internal35%
Federal1%
Sponsored20%
Auxiliary14% State
28%
Private2%
Internal19%
Federal1%
Sponsored20%
Auxiliary12%
State47%
Private1%
FY 2014 FY 2002
FY 2014 State Budget (by Policy Area)
Transport4% Health
23%
Other6%
Public Safety9%Debt
6%
K - 1239%
USG9%
Other Education5%
As Percent of Total State Fund Budget - $19.9 Billion
FY 2002 State Budget (by Policy Area)
Transport5% Health
19%
Other7%
Public Safety9%Debt
5%
K - 1239%
USG11%
Other Education4%
As Percent of Total State Fund Budget - $15.8 Billion
UGA State Funding Trend (in millions)
$398.3 $371.6$302.9 $288.4 $303.7 $292.8 $313.2
$72.6 $70.4$73.7
$70.5$74.6
$87.9$97.0
$0
$100
$200
$300
$400
$500
FY09 FY10 FY11 FY12 FY13 FY13A FY14
Resident Instruction ("A") B Units & Other
$495.3
$459.5
$377.5
7% cut
24% cut28% cut$358.9
27% cut$363.2
24% cut$376.3 $386.9
22% cut
State Funding Trend
FY 2014$ 386.9M
FY 1999
$ 387.9 M
34,500 students
29,693students
MoreStudents, Buildings andSalary/Benefit Obligations
Increased “Nondiscretionary” Costs
FY2000 FY2013• Salaries/Benefits: (40% Increase) $422M $590M
o Health/Life Insurance: (More than doubled) $33M $72M
o Retiree Benefits: (More than tripled) $7M $25M
• Utilities: (54% Increase) $14M $22M
Tuition Growth Trend (in millions)
$87 $95 $105$123 $131 $141
$154$167
$190$217
$251$275
$298$312
$193
$308$333
$346
$277
$228
$0
$50
$100
$150
$200
$250
$300
$350
$400
FY01FY02
FY03FY04
FY05FY06
FY07FY08
FY09FY10
FY11FY12
FY13FY14
Tuition Tuition & Special Fee
State + Tuition Funding
FY 2001
$ 408.1 MState$ 86.7 MTuition$ 494.8 MTotal
FY01: $4.70 in State Funds per $1 Tuition
FY14: $1.29 in State Funds per $1 Tuition
FY 2014
$ 402.3 M$ 311.8 M$ 714.1 M
UGA General Fund (RI) Sources (millions)
$336
$401
$288 $288$313
$163
$193
$308$333
$346
$303
$318
$277
$99
$0
$50
$100
$150
$200
$250
$300
$350
$400
$450
FY01 FY06 FY09 FY11 FY12 FY13 FY14
State Tuition & Special Fee
UGA – Budgeted Expense Summary
FY 2014 FY 2002