UGA Fiscal Update

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UGA Fiscal Update
September 17, 2008
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FY 2009 State Budget
21.1B - State of Georgia Budget 2.2B -
University System of Georgia - 10.4 496M -
University of Georgia 401M - Resident
Instruction 95M - B Units 2.35 of
State Budget 22.55 of USG Total
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State Investments in UGA

• Major Capital Projects
• 10M Coverdell Center (FY02)
• 25M AHRC Completion (FY03)
• 40M School of Art (FY06)
• 10M Rock Eagle Dining Hall (FY06)
• 43M College of Pharmacy (FY08)
• 31M Special Collections Library
  (FY10-Anticipated)

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State Investments in UGA

• Recurring support for Major Initiatives
• 2.7M Utility Rate Increases (FY08)
• 1.8M Faculty Salary Competitiveness (FY09)
• Georgia Research Alliance
• 39.1M Total Support since FY02
• 8.2M GRA Eminent Scholars
• 3.6M Coverdell Start-Up
• 2.4M Infectious Disease research
• 1.5M BioEnergy
• 23.4M Other Research support

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FY 2009 State Budget - Projected Shortfall
1.6B - Projected State of Georgia Budget
Shortfall Estimated share of Various State
Agencies 164 million K-12 at 2 114
million Medicaid at 5 98 million Human
Resources at 6 70 million Corrections at
6 22 million DTAE at 6 138 million
USG at 6 30 million UGA at 6
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FY 2009 State Budget - Projected Shortfall

• 1.6B - Projected Budget Shortfall
• 6 UGA cut 24.1M 5.7M 29.8M
• 8 UGA cut 32.1M 7.6M 39.7M
• 10 UGA cut 40.1M 9.5M 49.6M

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FY09 - 6 Reduction Actions/Impacts

• Examples of Institutional Actions
• 126,000 Student Learning Center eliminate
  24/5 operation
• 100,000 SLC Computer/IT Support 25
  reduction
• 1,060,000 Physical Plant cancel scheduled
  projects
• 500,000 Start-Up Equipment UGARF swap
• 100,000 Griffin Program support 30
  reduction
• 50,000 Police Department reduce
  overtime by 20
• 560,000 Library cancel 21 of
  subscriptions

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Uncontrollable Health Insurance Costs
6.1 Million Current Funding Shortfall FY
2010 Shortfall Projected at 13.2 Million
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Uncontrollable Utility Costs
13.7 Million Current Funding Shortfall
Projected at 15.5 Million in FY 2010
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Uncontrollable Utility Costs
UGA Energy Trending
Consumption reduced by 20 over 10 years
Energy cost has more than doubled since 2003
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Energy Savings at UGA

• We have invested millions in energy-efficient
  systems and upgrades to reduce energy use
• HVAC, electrical and plumbing systems
• Replacement of steam condensate piping
• Central steam plant upgrades
• Improvements to chilled water system new
  chillers will use an environmentally safe
  refrigerant
• Water efficient fixtures in restrooms

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Recycling Efforts at UGA

• Aggressive Recycling Programs
• FY2008-diverted 2,000 tons from Athens-Clarke
  landfill at savings of 75,000 in landfill fees
• Recycling saves on fuel costs by reducing the
  number of trips to the landfill
• UGA received the 2008 Spirit of Green award from
  the Georgia Recycling Coalition