03 General Fund Cut |
12.9% |
12.9% |
12.9% |
04 General Fund Cut |
20.2% |
27.2% |
32.1% |
04 Enrollment Funding |
$0.00 |
$0.00 |
$0.00 |
04 Enrollment Growth |
4% |
4% |
4% |
Tuition Increase |
10% |
10% |
10% |
Faculty/Prof Exmpt Raises |
0% |
0% |
0% |
Classified Raises |
0% |
0% |
0% |
Inflation Increase |
0% |
0% |
0% |
04 Campus Surplus/(Deficit) |
($1,221,977) |
($2,668,866) |
($3,681,688) |
05 Campus Surplus/(Deficit) |
($2,759,372) |
($4,133,916) |
($5,096,097) |
06 Campus Surplus/(Deficit) |
($104,698) |
($1,479,243) |
($2,441,424) |
These figures DO include funding for each percent of enrollment growth at $68,047 for Instruction and $10,000 each for VCSS and VCAF.
These figures DO NOT include additional funding for need based scholarships. 25% of the tuition generated at an increase of 10% is ~ $619,000.
Each percent of enrollment growth is $275,000 (gross).
Each percent of general fund reduction from the ending FY 03 base is $208,000.
Each percent of tuition increase is $245,000.
The model included the following proposed additions
Internet Access (early estimate)$25,000
Credit Card Charges $85,000
Bad Debt Expense (early est.) $250,000
Annuitants Benefits $36,000
College Structural Deficits $175,000
Centralization of Risk Mgmt $25,550
Colorado Compact Dues $4,000