[CED/CD/EAT] All Funds Planning FY20-23 Next Steps

[Burgess, Shane C - (shaneburgess)]

Everyone, please ensure that your unit employees understand the slides that Caroline  and Janis have shared here at a departmental meeting. Obviously not all the slides are relevant.

Regards
Shane.

From: Greeno, Carolyne A - (cagreeno) <cagreeno at email.arizona.edu>
Sent: Tuesday, February 11, 2020 4:28 PM
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Cc: Burgess, Shane C - (shaneburgess) <sburgess at cals.arizona.edu>; Silvertooth, Jeffrey C - (silverto) <Silver at ag.arizona.edu>; Staten, Michael E - (statenm) <statenm at email.arizona.edu>; Antin, Parker B - (pba) <pba at email.arizona.edu>; Ratje, Jeffrey M - (jmratje) <jmratje at email.arizona.edu>; Rutherford, Janis KM - (jmathias) <jmathias at email.arizona.edu>; Greeno, Carolyne A - (cagreeno) <cagreeno at email.arizona.edu>
Subject: All Funds Planning FY20-23 Next Steps

UA Budget Office has shared their all funds budgeting assumptions and process through FY23.  The full slide deck is available here<https://planning.budget.arizona.edu/sites/default/files/All%20Funds%20FY2020%20General%20Presentation.pdf>.

The ALVSCE Budget Ambassadors group, consisting of eight people, is working with your business officers through communications, workshops, and demonstrations of the new UArizona Budget & Planning System (street name is "Axiom"). Here are some bullet points to help you understand the slides.


  *   Slide 5: list of recipients of the $30M budget reallocation, you can see UA strategic investments most of which are shown in the January Semi-annual Update slides.



  *   Slide 15: "net revenue from base tuition" = RCM revenues.


  *   Slide 16: Traditional Student Headcount has declined every year since FY2016 while the Discount Rate (financial aid spending) has increased every year since FY2017.


  *   Slide 19: We must create a 2% pool to fund an annual salary increase program for all employees every July 1.  This has changed from the 1.5% for faculty shown in the January semi-annual update slides (our best information at that time). This is an additional annual cost on the CALS and CES OBB expenditures of ~$1M and ~$600K, respectively. This means that academic and county units will likely need to budget for expenditures that were, until now on the CALS and CES OBBs, using their all funds revenues. More on this as we work through the implications.


  *   Slide 32: UA has been using all funds budgeting for years.


  *   Slides 39 & 40: UA's budget planning assumptions include minimum wage increases each year.  This will impact student workers, AES farm workers, and compression with other hourly employees which will be an additional ~$50K cost for CALS and ~$10K on the CES OBBs annually.


Carolyne A. Greeno | Director, Finance and Administration                                                                                         Janis Rutherford| Director, Finance
Cooperative Extension Administration                                                                                                                                    Division Business Services
Phone: (520) 621-7207                                                                                                                                                                   Office: 520-626-8353
Fax: (520) 621-1314                                                                                                                                                                         jmathias at email.arizona.edu<mailto:jmathias at email.arizona.edu>
http://extension.arizona.edu/




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