2016/17 Executive Summary

Support Budget Plan

SOURCES OF FUNDS
General Fund Increase   $241,665,000
3 Percent Enrollment Growth, Programs, and Operations      
Net Tuition Revenue Adjustment   $55,907,000
3 Percent Funded Enrollment Increase
(10,700 Full-time Equivalent Students Revenue)
     
TOTAL REVENUE INCREASE   $297,572,000

EXPENDITURE AUGMENTATIONS
Mandatory Costs   $42,970,000
Compensation Related      
Health Benefits 35,080,000    
Retirement 7,000,000    
Other Increases      
Maintenance of New Facilities 890,000    
2 Percent Compensation Pool Increase   $69,552,000
3 Percent Increase in Enrollment Growth   $110,050,000
Student Success and Completion Initiatives   $50,000,000
Facilities and Infrastructure Needs   $25,000,000
TOTAL EXPENDITURE INCREASE   $297,572,000