Clayton State University FY15 Budget Meeting Highlights

Open Town Hall Meeting FY15 Budget September 25, 2014 1

Open Town Hall Meeting State of the University Strong but realistic Our Successes and Challenges SACS Reaccreditation Launch of PACE & EDGE Film & Digital Media Program New Leadership - Dr. Manglitz, Demmitt, Gruszka and Mukherjee Partnerships with Fayette and Henry County Student Success Merit Increases New Scholarship Programs 2

Open Town Hall Meeting FY 2015 TUITION REVENUE PROJECTIONS Institution: Clayton State University DECEMBER 2013 PROJECTIONS Due: December 2, 2013 TUITION NEW TUITION RATE NEW TUITION RATE Total Continuing undergrad & graduate students on non-guaranteed rate Freshmen Class FY 2015 ESTIMATED NUMBER OF STUDENTS (FALL HEADCOUNT) Undergraduate Freshmen Undergraduate Sophomores Undergraduate Juniors Undergraduate Seniors All Graduate/Professional students 600 1,220 1,150 1,550 2,410 370 1,820 1,150 1,550 2,410 370 7,300 600 6,700 TOTAL NUMBER OF STUDENTS ESTIMATED NUMBER OF FULL TIME EQUIVALENT (FALL FTE) Undergraduate Freshmen Undergraduate Sophomores Undergraduate Juniors Undergraduate Seniors All Graduate/Professional students 570 1,010 970 1,260 1,920 280 1,580 970 1,260 1,920 280 570 5,440 6,010 TOTAL NUMBER OF FTE REVENUE ESTIMATED AT CURRENT RATE WITH NO TUITION INCREASE (BASED ON UNDUPLICATED HEADCOUNT, ALL SEMESTERS) In-state undergraduate students Out-of-state undergraduate students All Graduate/Professional students $ 2,000,000 $ 350,000 $ 21,000,000 $ 1,650,000 $ 2,150,000 $ 23,000,000 $ 2,000,000 $ 2,150,000 TOTAL REVENUE $ 2,350,000 $ 24,800,000 $ 27,150,000 Increase in revenue for each 1% increase in tuition $ 23,500 $ 226,500 $ 250,000 3

Open Town Hall Meeting Enrollment Projection and Impacts Tuition revenue projection based on a Fall 2014 headcount of 7,000 used. Actual enrollment headcount for Fall 2014 is 7,022. With this enrollment, we were able to exceed our tuition revenue projections for Fall 2014. Issue must be planned for the Summer 2014/2015. The tuition revenue projection was based on a headcount of 3,346. All indications are that the actual enrollment will be in the 2,700-2,800 range. This will result in almost 250K reduction in our projected Summer tuition revenue. 4

Open Town Hall Meeting CSU s Budget Build Revenue FY15 Budget 24,067,121 27,130,000 6,124,750 State Appropriation Tuition Fees & Other General Carry Forward Funds 832,500 58,154,371 Includes current Salary, Benefits, Travel, & OS&E Expenditures Updated current budget 57,343,758 Increase TRS $154,843 Increase Health Insurance $177,645 Priority Positions Funded by BOR: Psychology-Lecturer $ 60,000 Academic Advisor $ 53,500 Funding Available to Distribute 810,613 Required Funding Items added: University Contingency Increase in software licenses Faculty Promotions including benefits Additional Student Assistant Funding Salary Stressors including benefits Funding for Merit Raises including benefits 25,000 46,699 84,745 50,000 225,000 379,169 810,613 Unresolved Issues* Chiller NSB IT Routers Additional funding for new Science Building 350,000 70,000 160,000 * Library renovations will be accomplished by utilizing salary savings 5

Open Town Hall Meeting Unresolved Issues FY2015 NSB Lab Technician $53K to $67K Tobacco Free Campus - $8K to $10K Chemical Management System - $10K to $25K Facilities Needs - $50K ACA - $225K to $363K * Trammell - $200K A&S Phase II HVAC $200K FY 2014 Carryover items Chiller NSB - $350K IT Routers $70K Additional Funding For New Science Building - $160K 6

Open Town Hall Meeting Mandatory Fees Fall 2014 Actuals vs. Budget Description Description Budget Budget Collected Collected Remaining Remaining Fees Fall Semester 308,660.00 (298,641.43) (10,018.57) Fee Waivers Fall Semester - 19,926.51 (19,926.51) ( (29,945.08) 29,945.08) Health Fee Health Fee Fees Fall Semester 228,140.00 (220,734.97) (7,405.03) Fee Waivers Fall Semester - 14,728.29 (14,728.29) (22,133.32) (22,133.32) Parking Fee Parking Fee Fees Fall Semester 132,089.00 (137,710.00) 5,621.00 Fee Waivers Fall Semester - 12,785.20 (12,785.20) (7,164.20) (7,164.20) Laker Card Fee Laker Card Fee Fees Fall Semester 1,023,600.00 (1,038,752.80) 15,152.80 Fee Waivers Fall Semester - 73,646.44 (73,646.44) (58,493.64) (58,493.64) Athletic Fee Athletic Fee Fees Fall Semester 402,600.00 (389,532.30) (13,067.70) Fee Waivers Fall Semester - 26,051.10 (26,051.10) (39,118.80) (39,118.80) Student Activity Fee Student Activity Fee Fees Fall Semester 683,750.00 (663,950.00) (19,800.00) Fee Waivers Fall Semester - 41,017.00 (41,017.00) (60,817.00) (60,817.00) SAC Fee SAC Fee Fees Fall Semester 393,300.00 (396,178.50) 2,878.50 Fee Waivers Fall Semester - 36,893.82 (36,893.82) (34,015.32) (34,015.32) Tech Fee Tech Fee (251.687.36) (251.687.36) Total Total 7

Open Town Hall Meeting Capital Budget FY 2015 MRR Major Repairs & Renovations(MRR) allocation of $500,000 can be used for this project oUpgrade HVAC System in Arts & Sciences, Phase II Looking Back Progress of NSB FF&E $2.9M Looking Forward Academic Core Renovations $1.4M 8

Open Town Hall Meeting FY14 One Time Expenditures Majority of funding available for one time expenditures was utilized for Library renovations Some funds were utilized for renovations to the Dental Hygiene Clinic upon recommendations from their accreditation committee Remainder of funds were utilized for renovations to Lucy Huie Hall to prepare for Film and Digital Media program 9

Open Town Hall Meeting Campus-Wide Renovation Update Library Phase I Domino Effect $1,072,911 Phase II Lower Level Demolition $53,100 Lucy Huie $122,912 Dental Hygiene Phase I Second Floor $96,428 Phase II First Floor $142,179 10

Open Town Hall Meeting QUESTIONS http://www.clayton.edu/President/Communications 11