Sources of Revenue: Marginal Cost of Instruction
5/2/11 Update
Refer to Memo B 11-01 April 2011-12 Budget Allocation Memo (.pdf) for the updated 2011-12 marginal cost rate.
| Program | 2010/11 General Fund (GF) Final Budget1 (in 000s) |
Program Area MC Factor Discounts (in 000s) |
2011/12 GF MC Factor Per FTES2 | 2010/11 Student Tuition3 (in 000s) |
Program Area MC Factor Discounts (in 000s) |
2011/12 Student Tuition MC Factor Per FTES2 |
|---|---|---|---|---|---|---|
| Instruction | $1,463,555 | $0 | $4,306 | $417,150 | $0 | $1,284 |
| Research | 2,201 | (2,201) | 0 | 0 | 0 | $0 |
| Public Service | 6,276 | (6,276) | 0 | 0 | 0 | $0 |
| Academic Support | 325,873 | (21,923)4 | 894 | 179,712 | (15,624)4 | $505 |
| Student Services | 279,644 | 0 | 823 | 118,561 | 0 | $365 |
| Institutional Support | 384,227 | (129,209)5 | 750 | 204,594 | (44,958)5 | $492 |
| Operation and Maintenance of Plant | 303,128 | (123,032)6 | 530 | 238,964 | (46,266)6 | $593 |
| Student Financial Aid | 33,785 | (33,785) | 0 | 454,472 | (454,472) | $0 |
| Totals | $2,798,689 | ($316,426) | $7,303 | $1,613,453 | ($561,320) | $3,239 |
| Instructional Equipment | 33,499 | - | 99 | |||
| Totals with I.E. |
$2,832,188 | ($316,426) | $7,402 | |||
| 2011/12 GF Marginal Cost with 3% COLA7 |
$7,624 | |||||
| 2011/12 Total Marginal Cost of Instruction | $10,863 | |||||
| Less: Tuition Revenue | 3,239 | |||||
| General Fund Support | $7,624 | |||||
|
1 2010/11 Adjusted Final Budget GF includes a post-final budget employer-paid retirement adjustment of an estimated $75.253 million, and a 2010-11 GF adjustment of $305 million for funding restoration, which includes $106 million in one-time federal funds. A small residual amount of $552,869 was also provided as one-time federal funds. However, the $552,869 is not intended to be a permanent base increase, and is not reflected in the marginal cost calculations above. In addition, $60.6 million for 2.5 percent enrollment growth is also included. 2 GF divided by the 2010/11 resident FTES target only, 339,873; tuition is divided by the 2010/11 total FTES target (resident and nonresident), 324,826, which is subject to change due to differing FTES assumptions from the recently enacted 2010-11 Budget. 3 Includes systemwide tuition revenue from resident and non-resident students, except non-resident tuition. 4 Excludes museums and galleries, ancillary support, and academic personnel development. 5 Excludes executive management and public relations/development. 6 Excludes physical plant administration, logistical services, information technology, major repairs, and lease purchase. 7 Reflects DoF Methodology for adjusting current year marginal cost for budget year operating cost increases. |
||||||
