Summary for FY16
- Incidental Fees
$5,692,030: Total FY15 Incidental Fees
$5,883,313: Total FY16 Incidental Fees
$ 191,283: Total FY16 Dollars to Allocate
- Mandatory Costs
<$18,580>: Total Utilities
$668,077: Salaries + OPE + Min. Wage Incr.
$ 649,497: Total Mandatory Costs
- Non-Mandatory Costs
$68,150: MANDATORY Decision Package #1 GTA Tuition (Mandatory Exp.)
$6,555: MANDATORY Decision Package #2 SEC Info Desk Staffing
$3,000: MANDATORY Decision Package #3 CSC Database
$64,000: Decision Package #4 New Digital Mktg. Position
$5,916: Decision Package #5 Student Wage Compression
$4,500: Decision Package #6 Student Employee Travel
152,121: Total $Decision Package Costs
$801,618: Total Mandatory & Non-Mandatory Costs
Summary of Revenues and Expenses
Revenue:
$1,756,962Generated Revenue
$5,883,313 Student Fee Revenue
Expenses:
$1,071,092Student Payroll
$1,317,502Classified Salaries
$1,321,402Unclassified salaries
$1,569,450Other Payroll Expense
Other Expenses:
$325,144: Operating supplies expense
$(In Supplies): Minor Equipment
$560,251: Utilities
$387,694: Maintenance & Repairs
$275,830: Assessment and overhead expenses
$696,480: Other Expenses
$215,430: Reserves
Working Capital Report
Projections for June 30, 2015 (End of FY15)
$2,367,299: Working Capital FY15
$1,064,316: Recommended OSU IMD FY15
$53,216: Allowable Additional Amount up 5%
$1,249,767: Excess Working Capital for FY15
Reallocation of Excess Working Capital
Below are estimated expenses and expected ranges of costs for items within FF&E:
- Amount held for SEC FF&E and construction funded by MU $1,249,767
Estimated range of expenses for FF&E (MU East Wing, Plaza and SEC)
- $1.1M to $1.3M
