Operating Budget FY 2020

Lamar University A Member of The Texas State University System ORGANIZATIONAL DATA AS OF AUGUST 31, 2019 The Texas State University System BOARD OF REGENTS OFFICERS <ul style="display: flex;"><li style="flex:1">William F. Scott </li><li style="flex:1">Chairman </li></ul><ul style="display: flex;"><li style="flex:1">David Montagne </li><li style="flex:1">Vice Chairman </li></ul><ul style="display: flex;"><li style="flex:1">Members </li><li style="flex:1">Term Expires </li></ul>2/1/2023 2/1/2025 2/1/2025 2/1/2021 2/1/2025 2/1/2021 2/1/2023 2/1/2021 2/1/2023 5/31/2020 Hometown Houston Nederland San Antonio San Antonio El Paso Beaumont Baird Madisonville The Hills Duke Austin William F. Scott Charlie Amato Dr. Veronica Muzquiz Edwards Don Flores David Montagne Nicki Harle Alan L. Tinsley Garry Crain <ul style="display: flex;"><li style="flex:1">Katey McCall, Student </li><li style="flex:1">Orange </li></ul>ADMINISTRATIVE OFFICERS SYSTEM OFFICE Dr. Brian McCall Dr. John Hayek Chancellor Vice Chancellor for Academic & Health Affairs Vice Chancellor and General Counsel Vice Chancellor & Chief Financial Officer Vice Chancellor for Governmental Relations Chief Audit Executive Dr. Fernando C. Gomez Daniel Harper Sean Cunningham Carole M. Fox LAMAR UNIVERSITY Dr. Kenneth Evans Dr. James Marquart Edward C. Ness Dr. Vicki McNeil Dr. John Bello-Ogunu Juan Zabala President Provost and Vice President for Academic Affairs Vice President for Finance and Operations Vice President for Student Engagement Vice President for Diversity and Inclusion Vice President for University Advancement Vice President for Information Technology Athletic Director Dr. Priscilla Parsons Marco Born LAMAR UNIVERSITY Fiscal Year 2020 Operating Budget Table of Contents Table A-1 Education and General Funds Budgeted Revenues & Transfers……………………………………………… Table A-2 Education and General Funds Budgeted Expenditures & Transfers………………………………………….. Table B-1 Designated Funds Budgeted Revenues & Transfers………………………………………………………….. Table B-2 Designated Funds Budgeted Expenditures & Transfers………………………………………………………. Table C-1 Auxiliary Funds Budgeted Revenues & Transfers………………………………………………………………. Table C-2 Auxiliary Funds Budgeted Expenditures & Transfers…………………………………………………………… Matrix of Budgeted Operating Expenses…………………………………………………………………………………….. Recapitulation of Budgeted Revenues, Expenditures, Transfers and Use of Reserves………………………………… 12345678Operating Budgets Revenues Education & General Funds…………………………………………………………………………………………………… Designated Funds……………………………………………………………………………………………………………… Auxiliary Funds…………………………………………………………………………………………………………………. 9 10 11 Expenditures Education & General Funds…………………………………………………………………………………………………… Designated Funds……………………………………………………………………………………………………………… Auxiliary Funds…………………………………………………………………………………………………………………. 12 14 17 Lamar University Table A 1 Educational and General Funds Budgeted Revenues and Transfers FY 2019 APPROVED BUDGET FY 2020 PROPOSED BUDGET Variance <ul style="display: flex;"><li style="flex:1">DOLLAR </li><li style="flex:1">PERCENT </li></ul><ul style="display: flex;"><li style="flex:1">(1.54)% </li><li style="flex:1">Total Statutory Tuition and Fees </li><li style="flex:1">$</li><li style="flex:1">19,880,107 </li><li style="flex:1">$</li><li style="flex:1">19,574,452 </li><li style="flex:1">$</li><li style="flex:1">(305,655) </li></ul>State Appropriation Bill Pattern General Revenue Benefits <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">44,533,251 </li></ul>17,839,078 14,101,882 - 3,643,715 80,117,926 <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">49,642,353 </li></ul>14,049,128 14,101,882 -<ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">5,109,102 </li></ul>(3,789,950) - 11.47 % (21.25)% - % - % (100.00)% (2.90)% Higher Education Fund Hazlewood Reimbursement Other -<ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">(3,643,715) </li></ul><ul style="display: flex;"><li style="flex:1">(2,324,563) </li><li style="flex:1">Total State Appropriations </li><li style="flex:1">$</li></ul>$$ $$$<ul style="display: flex;"><li style="flex:1">77,793,363 </li><li style="flex:1">$</li></ul>$$<ul style="display: flex;"><li style="flex:1">Other Revenue </li><li style="flex:1">512,516 </li><li style="flex:1">529,386 </li><li style="flex:1">16,870 </li><li style="flex:1">3.29 % </li></ul><ul style="display: flex;"><li style="flex:1">Total Revenues </li><li style="flex:1">100,510,549 </li><li style="flex:1">97,897,201 </li><li style="flex:1">(2,613,348) </li><li style="flex:1">(2.60)% </li></ul>Transfers In Designated Tuition Technology Service Fee Other <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">11,310,804 </li><li style="flex:1">$</li><li style="flex:1">13,982,270 </li><li style="flex:1">$</li><li style="flex:1">2,671,466 </li><li style="flex:1">23.62 % </li></ul><ul style="display: flex;"><li style="flex:1">- % </li><li style="flex:1">-</li></ul>- -- -<ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">- % </li></ul><ul style="display: flex;"><li style="flex:1">Total Transfers In </li><li style="flex:1">$</li><li style="flex:1">11,310,804 </li><li style="flex:1">$</li><li style="flex:1">13,982,270 </li><li style="flex:1">$</li><li style="flex:1">2,671,466 </li><li style="flex:1">23.62 % </li></ul><ul style="display: flex;"><li style="flex:1">Budgeted Fund Balances </li><li style="flex:1">$</li><li style="flex:1">-</li><li style="flex:1">$</li><li style="flex:1">- $ </li></ul>111,879,471 <ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">- % </li></ul><ul style="display: flex;"><li style="flex:1">Total Budgeted Funds </li><li style="flex:1">$</li><li style="flex:1">111,821,353 </li><li style="flex:1">$</li><li style="flex:1">$</li><li style="flex:1">58,118 </li><li style="flex:1">0.05 % </li></ul>Page 1 Lamar University Table A 2 Educational and General Funds Budgeted Expenditures and Transfers FY 2019 APPROVED BUDGET FY 2020 PROPOSED BUDGET Variance <ul style="display: flex;"><li style="flex:1">DOLLAR </li><li style="flex:1">PERCENT </li></ul>Instruction Support Research / Organized Research Public Service <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">53,539,750 $ </li></ul>1,797,404 280,451 4,390,938 4,618,979 19,367,492 8,644,447 - 54,220,967 $ 1,706,872 292,771 4,617,613 7,244,929 19,525,817 5,442,491 - 681,217 (90,532) 12,320 226,675 2,625,950 158,324 (3,201,956) - 1.27 % (5.04)% 4.39 % 5.16 % 56.85 % 0.82 % (37.04)% - % Academic Support Student Service Support Institutional Support Plant Support Scholarships & Fellowships <ul style="display: flex;"><li style="flex:1">Total Expenditures </li><li style="flex:1">$</li><li style="flex:1">92,639,462 $ </li><li style="flex:1">93,051,460 $ </li><li style="flex:1">411,998 </li><li style="flex:1">0.44 % </li></ul>Transfers Out <ul style="display: flex;"><li style="flex:1">TPEG </li><li style="flex:1">$</li><li style="flex:1">2,906,484 $ </li></ul>6,470,138 - 8,701,882 1,103,387 19,181,891 $ 3,018,753 $ 6,461,238 - 8,701,882 646,138 112,269 (8,900) - 3.86 % (0.14)% - % - % (41.44)% (1.84)% TRB Debt Service HEF - Debt Service <ul style="display: flex;"><li style="flex:1">HEF - Plant </li><li style="flex:1">-</li></ul><ul style="display: flex;"><li style="flex:1">Other </li><li style="flex:1">(457,249) </li></ul><ul style="display: flex;"><li style="flex:1">(353,880) </li><li style="flex:1">Total Transfers Out </li><li style="flex:1">$</li></ul>$ 18,828,011 $ <ul style="display: flex;"><li style="flex:1">Total Budgeted Expenditures & Transfers Out </li><li style="flex:1">111,821,353 $ </li><li style="flex:1">111,879,471 $ </li><li style="flex:1">58,118 </li><li style="flex:1">0.05 % </li></ul>Page 2 Lamar University Table B 1 Designated Funds Budgeted Revenues and Transfers FY 2019 APPROVED BUDGET FY 2020 PROPOSED BUDGET Variance <ul style="display: flex;"><li style="flex:1">DOLLAR </li><li style="flex:1">PERCENT </li></ul>Tuition and Fees <ul style="display: flex;"><li style="flex:1">Designated Tuition </li><li style="flex:1">$</li><li style="flex:1">65,888,514 </li><li style="flex:1">$</li><li style="flex:1">70,129,683 </li><li style="flex:1">$</li><li style="flex:1">4,241,169 </li><li style="flex:1">6.44 % </li></ul><ul style="display: flex;"><li style="flex:1">- % </li><li style="flex:1">Advising Fee </li><li style="flex:1">-</li><li style="flex:1">-</li><li style="flex:1">-</li></ul>Technology Use / Computer Service Fee Environmental Service Fee ID / One-Card Fee <ul style="display: flex;"><li style="flex:1">6,613,440 </li><li style="flex:1">6,613,440 </li><li style="flex:1">-</li></ul>- - % - % 100.00 % - % -- - 298,000 3,511,184 298,000 <ul style="display: flex;"><li style="flex:1">Library Fee </li><li style="flex:1">3,511,184 </li><li style="flex:1">-</li></ul>International Education Fee Student Publication Fee Academic Program Fees Distance Learning Fee Records Fee --<ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">-</li></ul>- - % - % 15.73 % 32.83 % 100.00 % - % - 5,928,954 2,937,876 303,000 - 5,123,160 2,211,773 805,794 726,103 <ul style="display: flex;"><li style="flex:1">303,000 </li><li style="flex:1">-</li></ul><ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">Recreation Fee </li><li style="flex:1">-</li></ul>University Center Fee International Study Fee Repeat Fee <ul style="display: flex;"><li style="flex:1">806,804 </li><li style="flex:1">806,804 </li></ul>- --- - % - % - % -<ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">-</li></ul><ul style="display: flex;"><li style="flex:1">Other </li><li style="flex:1">1,447,693 </li></ul>85,602,568 1,144,372 91,673,313 (303,321) 6,070,745 (20.95)% <ul style="display: flex;"><li style="flex:1">7.09 % </li><li style="flex:1">Total Tuition and Fees </li><li style="flex:1">$</li><li style="flex:1">$</li><li style="flex:1">$</li></ul>Investment Income Other Revenue 525,000 2,324,407 88,451,975 504,000 2,463,797 94,641,110 (21,000) 139,390 (4.00)% 6.00 % <ul style="display: flex;"><li style="flex:1">7.00 % </li><li style="flex:1">Total Revenues </li><li style="flex:1">$</li></ul>$$ $$$ $$$ 6,189,135 Transfers In TPEG Auxiliary Funds Other Total Transfers In <ul style="display: flex;"><li style="flex:1">2,906,484 </li><li style="flex:1">3,018,753 </li></ul>500,000 1,000,000 4,518,753 112,269 500,000 1,000,000 1,612,269 3.86 % 100.00 % 100.00 % 55.47 % --2,906,484 <ul style="display: flex;"><li style="flex:1">Budgeted Fund Balances </li><li style="flex:1">$</li><li style="flex:1">2,334,796 </li><li style="flex:1">$</li><li style="flex:1">4,133,897 </li><li style="flex:1">$</li><li style="flex:1">1,799,101 </li><li style="flex:1">77.06 % </li></ul><ul style="display: flex;"><li style="flex:1">Total Budgeted Funds </li><li style="flex:1">$</li><li style="flex:1">93,693,255 </li><li style="flex:1">$</li><li style="flex:1">103,293,760 </li><li style="flex:1">$</li><li style="flex:1">9,600,505 </li><li style="flex:1">10.25 % </li></ul>Page 3 Lamar University Table B 2 Designated Funds Budgeted Expenditures and Transfers <ul style="display: flex;"><li style="flex:1">FY 2019 </li><li style="flex:1">FY 2020 </li></ul>Variance <ul style="display: flex;"><li style="flex:1">DOLLAR </li><li style="flex:1">APPROVED BUDGET </li><li style="flex:1">PROPOSED BUDGET </li><li style="flex:1">PERCENT </li></ul>Instruction Support Research / Organized Research Public Service <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">24,723,339 </li></ul>1,101,255 618,201 <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">27,078,054 $ </li><li style="flex:1">2,354,715 </li></ul>(673,529) 33,584 9.52 % (61.16)% 5.43 % 427,726 651,785 <ul style="display: flex;"><li style="flex:1">Academic Support </li><li style="flex:1">13,939,645 </li></ul>6,026,823 6,238,399 4,633,299 13,549,429 70,830,389 15,341,017 5,073,549 7,393,237 7,938,587 14,074,300 77,978,253 $ 1,401,372 (953,275) 1,154,838 3,305,288 524,871 10.05 % (15.82)% 18.51 % 71.34 % 3.87 % Student Support Institutional Support Plant Support Scholarships & Fellowships <ul style="display: flex;"><li style="flex:1">Total Expenditures </li><li style="flex:1">$</li><li style="flex:1">$</li><li style="flex:1">7,147,864 </li><li style="flex:1">10.09 % </li></ul>Transfers Out System Assessment Debt Service E&G <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">1,958,794 </li></ul>214,119 <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">1,839,624 $ </li></ul>209,727 (119,170) (4,392) (6.08)% (2.05)% <ul style="display: flex;"><li style="flex:1">11,310,804 </li><li style="flex:1">13,982,270 </li></ul>9,283,886 - 2,671,466 9,283,886 (9,379,149) 2,452,641 23.62 % <ul style="display: flex;"><li style="flex:1">Auxiliary </li><li style="flex:1">-</li><li style="flex:1">100.00 % </li></ul>(100.00)% 10.73 % <ul style="display: flex;"><li style="flex:1">Other </li><li style="flex:1">9,379,149 </li></ul><ul style="display: flex;"><li style="flex:1">Total Transfers Out </li><li style="flex:1">$</li></ul>$<ul style="display: flex;"><li style="flex:1">22,862,866 </li><li style="flex:1">$</li></ul>$ 25,315,507 $ <ul style="display: flex;"><li style="flex:1">Total Budgeted Expenditures & Transfers Out </li><li style="flex:1">93,693,255 </li><li style="flex:1">103,293,760 $ </li><li style="flex:1">9,600,505 </li><li style="flex:1">10.25 % </li></ul>Page 4 Lamar University Table C 1 Auxiliary Funds Budgeted Revenues and Transfers FY 2019 APPROVED BUDGET FY 2020 PROPOSED BUDGET Variance <ul style="display: flex;"><li style="flex:1">DOLLAR </li><li style="flex:1">PERCENT </li></ul>- % Fees <ul style="display: flex;"><li style="flex:1">Athletic Fee </li><li style="flex:1">$</li><li style="flex:1">1,752,232 $ </li><li style="flex:1">1,752,232 </li></ul>974,388 4,313,000 1,625,851 1,894,416 -<ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">-</li></ul>44,300 (461,349) 16,098 135,826 - Medical Service Fee Student Service Fee Recreational Sport Fee Student Center Fee Student Bus Fee ID Card Fee 930,088 4,774,349 1,609,753 1,758,590 - 4.76 % (9.66)% 1.00 % 7.72 % - % <ul style="display: flex;"><li style="flex:1">-</li><li style="flex:1">-</li><li style="flex:1">-</li><li style="flex:1">- % </li></ul>Other Total Fees 157,000 10,982,012 $ 282,290 10,842,177 125,290 (139,835) 79.80 % <ul style="display: flex;"><li style="flex:1">(1.27)% </li><li style="flex:1">$</li><li style="flex:1">$</li></ul>Sales and Services <ul style="display: flex;"><li style="flex:1">Housing </li><li style="flex:1">$</li><li style="flex:1">12,316,800 $ </li></ul>6,726,249 505,000 12,346,660 6,796,643 534,491 <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">29,860 </li></ul>70,394 29,491 0.24 % 1.05 % 5.84 % Dining Parking Athletics Bookstore Other 2,682,246 275,000 135,000 2,737,291 248,075 119,460 <ul style="display: flex;"><li style="flex:1">55,045 </li><li style="flex:1">2.05 % </li></ul>(26,925) (15,540) 142,325 (9.79)% (11.51)% <ul style="display: flex;"><li style="flex:1">0.63 % </li><li style="flex:1">Total Sales and Services </li><li style="flex:1">$</li><li style="flex:1">22,640,295 $ </li><li style="flex:1">22,782,620 </li><li style="flex:1">$</li></ul>Investment Income Other Income <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">-</li><li style="flex:1">$</li><li style="flex:1">- $ </li></ul>50,000 - (275,000) (272,510) - % (84.62)% (0.80)% 325,000 <ul style="display: flex;"><li style="flex:1">Total Revenues </li><li style="flex:1">$</li><li style="flex:1">33,947,307 $ </li><li style="flex:1">33,674,797 </li><li style="flex:1">$</li></ul>Transfers In Designated Tuition Other <ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">9,379,149 $ </li></ul>- 9,283,886 -<ul style="display: flex;"><li style="flex:1">$</li><li style="flex:1">(95,263) </li></ul>- (1.02)% - % <ul style="display: flex;"><li style="flex:1">Total Transfers In </li><li style="flex:1">$</li><li style="flex:1">9,379,149 $ </li><li style="flex:1">9,283,886 </li><li style="flex:1">$</li><li style="flex:1">(95,263) </li><li style="flex:1">(1.02)% </li></ul><ul style="display: flex;"><li style="flex:1">Budgeted Fund Balances </li><li style="flex:1">$</li><li style="flex:1">-</li><li style="flex:1">$</li><li style="flex:1">(928,060) $ </li></ul>42,030,623 <ul style="display: flex;"><li style="flex:1">(928,060) </li><li style="flex:1">100.00 % </li></ul><ul style="display: flex;"><li style="flex:1">Total Budgeted Funds </li><li style="flex:1">$</li><li style="flex:1">43,326,456 $ </li><li style="flex:1">$</li><li style="flex:1">(1,295,833) </li><li style="flex:1">(2.99)% </li></ul>Page 5 Lamar University

Operating Budget FY 2020

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