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(1)

PROPOSED BUDGET

FY2015

(2)

PROPOSED BUDGET

FISCAL YEAR 2014-15

Budget Methodology:

Temple University is implementing a decentralized budget model in fiscal year 2014-15. This

decentralized model described as Responsibility Centered Management (RCM) allocates revenues

directly to the schools, colleges and auxiliary units responsible for generating them. From these

revenues units fund their direct expenditures as well as the cost of operating the support units or

the indirect costs.

RCM better aligns academic responsibility with financial authority and in the process incentivizes

units to operate more efficiently and to identify opportunities to responsibly grow revenues.

The fiscal year 2014-15 proposed budget is presented in appendix A.

Proposed Fiscal Year 2014-15 Budget:

The University Operating Budget for fiscal year 2014-15 has been developed according to the

following assumptions and principles:

Revenue Changes:

 Tuition and fees will be moderately increased to cover standard growth in operating costs and

strategic initiatives designed to enhance international student recruitment and strengthen

Temple’s online development. The changes are based upon considerations of inflation and the

overall economy, comparisons with peer institutions, accessibility, and the impact on student

indebtedness. The following conditions are used for the calculation of the revenue:

o

Undergraduate base tuition for in- and out-of-state students will be increased by

$600 or a blended increase of 3.69%

o Active tuition differentials, approved by the Board, will be implemented in

accordance with the next programmed step as outlined in their implementation plan.

o

Graduate and Professional tuition will be adjusted according to market conditions

and in comparison with peer institutions.

(3)

o

Freshmen enrollment for fall 2014 is projected to increase by 200 students

compared to the fall 2013 budget. All other enrollments are expected to remain

constant. The undergraduate out-of-state mix is projected to increase 0.5% to

22.1%.

Tuition and fee revenue from all sources is expected to increase by $41.256 million. The fiscal

year 2014-2015 tuition schedule may be found in appendix B.

 At $146.4 million, the Commonwealth Appropriation is projected to remain unchanged

from fiscal year 2013-14.

 Auxiliary enterprise and Medical and Dental practice plan revenues will increase by $7.419

million.

 Revenues from other income sources including interest income and indirect cost recovery

will increase by $3.399 million.

The total increase in University non-health revenues for fiscal year 2014-15 from all sources will

be $52.074 million.

Expense Changes:

Strategic Investments will be made in the following areas:

 International Student Recruitment - to establish a student recruiting base in China -

$195,000.

 Strengthen Student Support Services - to expand resources in University Honors and

the University Writing Center - $142,000

 Strengthen Online Development - to establish the Office of Digital Education and

increase faculty capacity for developing and designing online courses and curriculum -

$984,000.

 Financial Aid – to reflect the proportional increase relative to the changes in tuition. In

addition, an additional investment will be made to reflect year two of the strategy of

attracting higher quality students without impacting need-based support. The overall

increase to the base budget of financial aid will be $9.645 million.

(4)

Additional expenditure changes include:

 Salary and Benefits – required changes relative to bargaining units, discretionary merit

based increases for non-bargaining employees and changes in employee benefit costs for

all employees - $12.108 million.

 General Expenditures – changes in expenditures including the allocation of tuition

differentials to schools and colleges, increases in the plant development fund, and increases

in research incentives - $21.859 million.

 Auxiliary and Medical & Dental Practice Plans – increases in operations based upon

additional revenue generation – $6.502 million.

The total increases in University operating expenditures for fiscal year 2014-15 from all sources

will be $52.074 million.

Summary

(5)

APPENDIX A

FY2015

Proposed Budget

Revenue:

1. Tuition and Fees

$

768,563,577

2. Commonwealth Appropriation

146,453,000

3. Indirect Cost Recovery

30,493,000

4. Other Sources

24,692,160

5. Total Education and General Revenue

970,201,737

6. Sales & Services of Auxiliary Enterprises

$

95,041,000

7. Practice Plans

197,397,000

8. Total Other Revenue

$

292,438,000

9. Total Revenue

$

1,262,639,737

Expenditures:

Revenue Centers

10.

Academic Revenue Centers

$

675,647,146

11.

Non-Academic Revenue Centers

73,795,052

12.

Total Revenue Centers

$

749,442,198

Support Units

13.

President

$

35,494,025

14.

Vice President and Director of Athletics

25,309,739

15.

Provost

223,972,096

16.

Sr. Vice President - Construction, Facilities and Operations

139,560,597

17.

Vice President, CFO and Treasurer

88,861,082

18.

Total Support Units

$

513,197,539

19. Total Expenditures

$

1,262,639,737

20. Budget Margin

$

-TEMPLE UNIVERSITY

(6)

APPENDIX A

FY2015

Proposed Budget

TEMPLE UNIVERSITY

FY2015 Proposed Operating Budget

Academic Revenue Centers

21. Beasley School of Law

$

25,116,000

22. Center for the Arts

42,387,892

23. College of Education

14,833,108

24. College of Engineering

14,975,286

25. College of Health Professions

36,323,618

26. College of Liberal Arts

71,973,970

27. College of Science and Technology

47,574,638

28. Fox School of Business

77,023,555

29. Kornberg School of Dentistry

28,912,619

30. School of Media and Communication

16,860,823

31. School of Medicine

262,575,620

32. School of Pharmacy

15,983,745

33. School of Podiatric Medicine

12,213,248

34. School of Tourism and Hospitality

7,774,698

35. Provost Sponsored Programs

1,118,326

36. Total Academic Revenue Centers

$

675,647,146

Non-Academic Revenue Centers

37. Other Auxiliaries

$

130,651

38. Bookstores

161,000

39. Temple Performing Arts Center

789,071

40. Liacouras Center

2,551,000

41. Parking Services

4,790,430

42. Residence Halls

65,372,900

43. Total Non-Academic Revenue Centers

$

73,795,052

(7)

APPENDIX A

FY2015

Proposed Budget

TEMPLE UNIVERSITY

FY2015 Proposed Operating Budget

Support Units

President

45.

Office of the President

$

1,666,396

46.

Internal Audit

1,126,328

47.

Govt, Community and Public Affairs

2,474,512

48.

Office of University Counsel

4,490,952

49.

University Marketing

11,655,165

50.

Institutional Advancement

14,080,672

51.

Total President

$

35,494,025

VP & Director of Athletics

52.

Business Services

$

460,705

53.

Intercollegiate Athletics

24,849,034

54.

Total VP & Director of Athletics

$

25,309,739

Provost

55.

Office of the Provost

$

17,813,949

56.

Institutional Diversity (IDEAL)

697,500

57.

Temple Press

1,852,300

58.

Vice Provost Faculty Affairs

1,903,330

59.

International Affairs

4,125,508

60.

Rome

5,499,966

61.

University College

6,249,811

62.

Research and Strategic Initiatives

6,804,963

63.

Vice Provost for U/G Studies

6,886,519

64.

Graduate School

8,095,390

65.

Enrollment Management

9,634,479

66.

Student Affairs

17,298,728

67.

Libraries

21,209,104

(8)

APPENDIX A

FY2015

Proposed Budget

TEMPLE UNIVERSITY

FY2015 Proposed Operating Budget

69.

Financial Aid

86,647,536

70.

Total Provost

$

223,972,096

SVP Construction, Facilities & Ops

71.

SVP Construction, Facilities & Ops

$

1,991,766

72.

Environmental Health and Safety

2,567,644

73.

Business Services

11,398,400

74.

Campus Safety

23,016,998

75.

Facilities Management

40,848,376

76.

Central Accounts

59,737,413

77.

Total SVP Construction, Facilities & Ops

$

139,560,597

Vice President, CFO and Treasurer

78.

Office of the Vice President, CFO and Treasurer

$

3,244,325

79.

Digital Document Services

78,000

80.

Access Card Office

420,000

81.

Risk Management

471,983

82.

University Budget Office

855,981

83.

Human Resources

5,090,765

84.

Controller's Office

6,445,903

85.

Institutional Expenses

72,254,125

86.

Total Vice President, CFO and Treasurer

$

88,861,082

(9)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

UNDERGRADUATE and GRADUATE:

College of Liberal Arts (includes School of Environmental Design) Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,006 $ 24,032

Full-time Undergraduate including University services fee 14,696 24,722 Part-time Undergraduate (per credit hour) ** 540 857

Upper Division:*

Full-time Undergraduate $ 14,806 $ 24,832

Full-time Undergraduate including University services fee 15,496 25,522 Part-time Undergraduate (per credit hour) ** 568 885

Graduate:

Graduate (per credit hour) ** $ 805 $ 1,103

College of Education Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,006 $ 24,032

Full-time Undergraduate including University services fee 14,696 24,722 Part-time Undergraduate (per credit hour) ** 540 857

Upper Division:*

Full-time Undergraduate $ 14,806 $ 24,832

Full-time Undergraduate including University services fee 15,496 25,522 Part-time Undergraduate (per credit hour) ** 568 885

Graduate:

Graduate (per credit hour) ** $ 805 $ 1,103

College of Education Program in Jamaica

Doctoral - 2012 Cohort $ 1,074 $ 1,074

Masters - 2014 Cohort 1,125 1,125

School of Media and Communication Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,906 $ 24,932

Full-time Undergraduate including University services fee 15,596 25,622 Part-time Undergraduate (per credit hour) ** 576 893

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

(10)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

School of Media and Communication (continued) Upper Division:*

Full-time Undergraduate $ 15,706 $ 25,732

Full-time Undergraduate including University services fee 16,396 26,422 Part-time Undergraduate (per credit hour) ** 604 921

Graduate:

Graduate (per credit hour) ** $ 865 $ 1,163

Center for the Arts

(Tyler School of Art, Boyer College of Music and Dance and Division of Film, Media Arts, and Theater)

Tyler School of Art Fine Arts (BFA/MFA)

Undergraduate: Lower Division:

Full-time Undergraduate $ 19,276 $ 30,816

Full-time Undergraduate including University services fee 19,966 31,506 Part-time Undergraduate (per credit hour) ** 622 937

Upper Division:*

Full-time Undergraduate $ 20,076 $ 31,616

Full-time Undergraduate including University services fee 20,766 32,306 Part-time Undergraduate (per credit hour) ** 650 965

Graduate:

Graduate (per credit hour) ** $ 944 $ 1,260

Architecture Undergraduate:

Lower Division:

Full-time Undergraduate $ 16,732 $ 27,214

Full-time Undergraduate including University services fee 17,422 27,904 Part-time Undergraduate (per credit hour) ** 615 932

Upper Division:*

Full-time Undergraduate $ 17,532 $ 28,014

Full-time Undergraduate including University services fee 18,222 28,704 Part-time Undergraduate (per credit hour) ** 643 960

Graduate:

(11)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

Tyler School of Art (continued) All Other Programs

Undergraduate: Lower Division:

Full-time Undergraduate $ 14,006 $ 24,032

Full-time Undergraduate including University services fee 14,696 24,722 Part-time Undergraduate (per credit hour) ** 540 857

Upper Division:*

Full-time Undergraduate $ 14,806 $ 24,832

Full-time Undergraduate including University services fee 15,496 25,522 Part-time Undergraduate (per credit hour) ** 568 885

Graduate:

Graduate (per credit hour) ** $ 805 $ 1,103

Boyer College of Music and Dance Undergraduate:

Lower Division:

Full-time Undergraduate $ 16,252 $ 27,088

Full-time Undergraduate including University services fee 16,942 27,778 Part-time Undergraduate (per credit hour) ** 617 932

Upper Division:*

Full-time Undergraduate $ 17,052 $ 27,888

Full-time Undergraduate including University services fee 17,742 28,578 Part-time Undergraduate (per credit hour) ** 645 960

Graduate:

Graduate (per credit hour) ** $ 912 $ 1,209

Division of Theater, Film and Media Arts Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,906 $ 24,932

Full-time Undergraduate including University services fee 15,596 25,622 Part-time Undergraduate (per credit hour) ** 576 893

Upper Division:*

Full-time Undergraduate $ 15,706 $ 25,732

Full-time Undergraduate including University services fee 16,396 26,422 Part-time Undergraduate (per credit hour) ** 604 921

Graduate:

Graduate (per credit hour) ** $ 865 $ 1,163

(12)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

Fox School of Business and Management Undergraduate:

Lower Division:

Full-time Undergraduate $ 18,084 $ 31,312

Full-time Undergraduate including University services fee 18,774 32,002 Part-time Undergraduate (per credit hour) ** 697 1,114

Upper Division:*

Full-time Undergraduate $ 18,884 $ 32,112

Full-time Undergraduate including University services fee 19,574 32,802 Part-time Undergraduate (per credit hour) ** 725 1,142

Online Bachelor of Business Administration (OBBA)

Undergraduate (per credit hour) $ 726 $ 726

Graduate:

Master of Business Administration (GMBA & PMBA)

Graduate (per credit hour) $ 1,077 $ 1,511

Executive Master of Business Administration (EMBA)

Class of 2015 (per credit hour) $ 1,772 $ 1,772

Class of 2016 (per credit hour) 1,925 1,925

Online Master of Business Administration (OMBA)

Graduate (per credit hour) $ 1,296 $ 1,296

Master of Accountancy (Macc)

Graduate (per credit hour) $ 1,050 $ 1,050

Master of Science - Professional Finance Suite (MS-FARM, MSFE, MSIM)

Graduate (per credit hour) $ 1,050 $ 1,050

Master of Science in IT Auditing and Cyber Security (MS-ITACS)

Graduate (per credit hour) $ 1,050 $ 1,050

Master of Science in Digital Innovation in Marketing (MS-DIM)

Graduate (per credit hour) $ 1,050 $ 1,050

Master of Science in Risk Management and Insurance (MS-RMI)

Graduate (per credit hour) $ 1,050 $ 1,050

Master of Science (all other MS programs not listed above)

Graduate (per credit hour) $ 1,077 $ 1,511

Doctor of Philosophy (PhD)

Graduate (per credit hour) $ 1,077 $ 1,511

(13)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

College of Health Professions and Social Work College of Health Professions

Undergraduate: Lower Division:

Full-time Undergraduate $ 16,710 $ 28,062

Full-time Undergraduate including University services fee 17,400 28,752 Part-time Undergraduate (per credit hour) ** 625 976

Upper Division:*

Full-time Undergraduate $ 17,510 $ 28,862

Full-time Undergraduate including University services fee 18,200 29,552 Part-time Undergraduate (per credit hour) ** 653 1,004

Graduate:

Graduate (per credit hour) ** $ 831 $ 1,143

Occupational Therapy (MOT - Class of 2015)

Full-time $ 27,944 $ 36,394

Full-time including University services fee 28,634 37,084

Occupational Therapy (MOT - Class of 2016)

Graduate (per credit hour) ** $ 831 $ 1,143

School of Social Work Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,006 $ 24,032

Full-time Undergraduate including University services fee 14,696 24,722 Part-time Undergraduate (per credit hour) ** 540 857

Upper Division:*

Full-time Undergraduate $ 14,806 $ 24,832

Full-time Undergraduate including University services fee 15,496 25,522 Part-time Undergraduate (per credit hour) ** 568 885

Graduate:

Graduate (per credit hour) ** $ 805 $ 1,103

(14)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

College of Engineering Undergraduate:

Lower Division:

Full-time Undergraduate $ 16,188 $ 26,160

Full-time Undergraduate including University services fee 16,878 26,850 Part-time Undergraduate (per credit hour) ** 612 925

Upper Division:*

Full-time Undergraduate $ 16,988 $ 26,960

Full-time Undergraduate including University services fee 17,678 27,650 Part-time Undergraduate (per credit hour) ** 640 953

Graduate:

Graduate (per credit hour) ** $ 913 $ 1,210

College of Science & Technology Undergraduate:

Lower Division:

Full-time Undergraduate $ 16,046 $ 26,054

Full-time Undergraduate including University services fee 16,736 26,744 Part-time Undergraduate (per credit hour) ** 617 932

Upper Division:*

Full-time Undergraduate $ 16,846 $ 26,854

Full-time Undergraduate including University services fee 17,536 27,544 Part-time Undergraduate (per credit hour) ** 645 960

Graduate:

Graduate (per credit hour) ** $ 912 $ 1,209

School of Tourism & Hospitality Management Undergraduate:

Lower Division:

Full-time Undergraduate $ 18,084 $ 31,312

Full-time Undergraduate including University services fee 18,774 32,002 Part-time Undergraduate (per credit hour) ** 697 1,114

Upper Division:*

Full-time Undergraduate $ 18,884 $ 32,112

(15)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

University Studies Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,006 $ 24,032

Full-time Undergraduate including University services fee 14,696 24,722 Part-time Undergraduate (per credit hour) ** 540 857

Upper Division:*

Full-time Undergraduate $ 14,806 $ 24,832

Full-time Undergraduate including University services fee 15,496 25,522 Part-time Undergraduate (per credit hour) ** 568 885

Non-Matriculated Students (Continuing Studies) Undergraduate:

Lower Division:

Full-time Undergraduate $ 14,006 $ 24,032

Full-time Undergraduate including University services fee 14,696 24,722 Part-time Undergraduate (per credit hour) ** 540 857

Upper Division:*

Full-time Undergraduate $ 14,806 $ 24,832

Full-time Undergraduate including University services fee 15,496 25,522 Part-time Undergraduate (per credit hour) ** 568 885

Graduate:

Graduate (per credit hour) ** $ 805 $ 1,103

(16)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

PROFESSIONAL: Beasley School of Law

Full-time - Day Juris Doctor $ 20,906 $ 34,032

Full-time - Day Juris Doctor including University services fee 21,596 34,722

Full-time - Evening Juris Doctor ** 16,726 27,232

Part-Time Juris Doctor - per credit hour ** 809 1,391 In addition to any University wide fees, Juris Doctor students,

full- and part-time, are assessed a Student Bar Association fee of $50

S.J.D. Program

Part-Time - per credit hour ** 741 1,311

International Masters of Law ( LL.M )

Full-time $ 24,828 $ 24,828

Full-time including University services fee 25,518 25,518

Part-time - per credit hour 1,158 1,158

Master of Law in Trial Advocacy ( LL.M)

Full-time $ 20,858 $ 20,858

Graduate Tax Program

Part-time - per credit hour ** $ 748 $ 964

Summer Abroad: Rome

Tuition $ 3,350 $ 3,350

Including an assessed $300 Program fee 3,650 3,650

Law: Temple Summer Professional Experience Curriculum (T-Spec)

Tuition $ 3,125 $ 3,125

Including an assessed $125 Program fee 3,250 3,250

Law Summer Washington DC

Tuition $ 3,750 $ 3,750

Including an assessed $250 Program fee 4,000 4,000

(17)

2014-15 2014-15 Pennsylvania Out-of-State

Residents Residents

Temple University

2014 - 15 Tuition Rate Schedule

By School/College

Kornberg School of Dentistry

Full-time $ 48,808 $ 57,012

Full-time including University services fee 49,498 57,702

Graduate (per credit hour) ** 714 987

Advanced DMD Program

Full-time $ 60,000 $ 60,000

Full-time including University services fee 60,690 60,690

Advanced Standing Doctor of the Medicine of Dentistry Program for Faculty who are Graduates of Non-US/Canadian Dental Schools

Per semester/per credit hour $ 899 $ 899

School of Medicine

Full-time $ 44,964 $ 53,468

Full-time including University services fee 45,654 54,158

Graduate (per credit hour) ** $ 805 $ 1,103

Saint Luke's Regional Campus

Full-time $ 44,964 $ 53,468

Full-time including University services fee 45,654 54,158

School of Pharmacy Doctor of Pharmacy

Full-time $ 29,980 $ 35,134

Full-time including University services fee 30,670 35,824

Part-time - per credit hour ** 815 1,016

All Pharmacy Graduate (including M.S. in Quality Assurance)

Per Credit Hour ** $ 1,001 $ 1,267

School of Podiatric Medicine

Full-time $ 35,564 $ 37,156

Full-time including University services fee 36,254 37,846

(18)

University Services Fee

All students are assessed the non-refundable University Services Fee every semester. The University Services fee is a single, comprehensive fee that helps fund a number of university services, including:

▪ Funding for state-of-the art computer equipment and technologies to provide support for the students' academic experiences, including e-mail access and modern lab facilities;

▪ Access to all student activities, events and recreational facilities;

▪ Expansion and maintenance of recreational and academic facilities to enhance and improve student life; ▪ Availability of basic student health and treatment services provided by nurses and physicians on campus.

The fee structure for the fall and spring semesters is:

9+ credits $345

5.0 to 8.9 credits $249

1.0 to 4.9 credits $122

The fee structure for each summer session is:

9+ credits $173

5.0 to 8.9 credits $132

1.0 to 4.9 credits $77

Temple University

References

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