2013-14 Operating & Capital Budget Plan - Cornell University ...

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Table 7: Sources and Uses of Capital Expenditures(dollars in thousands)SourcesTo Date 13-14 14-15 15-16 16-17 17-18 Total1. Ithaca Central Funds (1) 16,872 33,762 4,627 3,656 58,9172. WCMC Central Funds (1) 2,500 26,172 (4,000) 24,6723. Gifts In Hand 60,804 9,859 455 71,1184. Gifts Pledged 998 54,991 68,054 60,613 30,846 5,533 221,0355. Gifts to be Raised 400 13,100 4,900 18,4006. Ithaca Gift Funds (2) 61,802 64,850 68,909 60,613 43,946 10,433 310,5537. Gifts In Hand 202,000 86,000 288,0008. Gifts Pledged 19,000 61,000 80,0009. Gifts to be Raised 19,000 19,00010. WCMC Gift Funds (2) 202,000 105,000 80,000 387,00011. Investment Income (3) 8,474 300 8,77412. Unit Funds (4) 72,319 78,200 61,168 42,217 7,867 1,890 263,661Capital Plan — 2013–144613. Enterprise Funds (5) 12,640 20,864 7,392 2,300 43,19614. WCMC Enterprise Funds (5) 2,550 8,790 6,400 17,74015. SUCF Capital (6) 174,677 57,517 38,688 8,260 5,904 2,249 287,29516. Other Gov't/Institution (7) 4,820 12,520 35,211 36,451 13,793 4,763 107,55817. WCMC Other Gov't/Institution (7) 13,500 1,500 15,00018. Ithaca Campus Debt 10,277 8,849 19,12619. WCMC Debt 218,000 218,00020. Subtotal Debt Financing (8) 228,277 8,849 237,12621. Total Capital Funding/Financing 800,431 418,323 298,395 153,496 71,511 19,336 1,761,491UsesTo Date 13-14 14-15 15-16 16-17 17-18 Total1. Projects Approved/Under Way (incl. WCMC, NYS) 661,394 204,879 106,289 210 4 972,7762. Major Projects/New Construction 13,239 43,993 65,960 50,682 19,000 4,900 197,7733. New York State Funded 29,480 29,391 11,487 8,070 5,900 2,249 86,5784. Maintenance, Infrastructure, and Unit 70,464 94,329 22,247 11,215 2,967 1,890 203,1125. CornellNYC Tech 22,784 39,749 87,612 83,320 43,640 10,297 287,4006. Medical College Projects 3,070 5,982 4,800 13,8527. Total Capital Expenditures 800,431 418,323 298,395 153,496 71,511 19,336 1,761,491Notes:(1) Central funds are resources provided from the central Ithaca campus or Medical College budgets. Project examples include Belfer Research Building,administrative systems, energy conservation, and maintenance.(2) Gifts are restricted gifts for capital projects. Gifts In Hand are cash payments. Gifts Pledged are gift commitments with future payment. Gifts to be Raised area projection of future, to be identified gifts that can be raised for projects.Project examples include Humanities Building, Gates Hall, NYC Tech campus andBelfer Research Building.(3) Investment Income is interest earned on gift funds in hand prior to expenditure on project costs. Project examples include Gates Hall.(4) Unit funds are resources provided by colleges or other units from their operations or reserves. Project examples include Law School, Upson Hall, HealthServices Facility, and college projects.(5) Enterprise funds are resources provided by units run as enterprise and revenues generated by rates. Examples include Campus Life, Utilities, andWCMC clinical practices.(6) SUCF Capital is New York State funding provided to the SUNY campuses, administered by the State University Construction Fund. Project examplesinclude Stocking Hall renovation/addition, MVR 1933/East rehabilitation, and Warren Hall renovation.(7) Other Government/Institution funds are resources provided by federal, state or local government agencies or private institutions. Project examplesinclude the NYC Tech campus and fit-out of the 4th floor of the Belfer Research Building.(8) Debt financing includes both long-term debt repaid by amortized debt service payments from operating budgets and short-term bridge financingrepaid by receipt of future gift payments. Project examples include the Belfer Research Building and energy conservation.
Table 8: Debt Service by Operating Unit(dollars in thousands)Ithaca CampusOutstanding Balance2/29/12 2/28/13UnitBudget2013-2014 Debt ServiceCentralBudgetTotal1. Agriculture & Life Sciences 2,718 13,035 998 9982. Architecture, Art, and Planning 28,427 24,585 2,327 2,3273. Arts & Sciences 98,702 102,310 8,613 8,6134. Engineering 42,842 56,976 5,152 5,1525. Hotel 8,226 6,240 2,007 2,0076. Human Ecology 600 1,220 380 3807. Industrial & Labor Relations 1,180 1,035 204 2048. Johnson 2,3729. Law 1,785 1,281 586 58610. Veterinary Medicine 22,647 22,034 2,250 2,25011. Colleges Subtotal 209,499 228,716 21,931 586 22,51712. Animal Facilities 52,778 50,667 4,959 4,95913. Life Sciences 86,132 48,524 3,860 3,86014. Theory Center 2,250 2,125 127 12715. Research Centers Subtotal 141,160 101,316 8,946 8,94616. Athletics & Physical Education 4,717 3,944 452 45217. Cornell In Washington 2,618 2,527 262 26218. Library 9,322 8,919 891 89119. All Other 859 668 207 20720. Other Academic Programs Subtotal 17,516 16,058 1,812 1,81221. Campus Life 182,680 172,583 18,027 18,02722. Dean of Students 140 121 79 7923. Fraternities/Sororities 2,470 2,275 178 17824. Gannett 1,548 1,258 364 36425. Student Services Subtotal 186,838 176,237 18,648 18,648Capital Plan — 2013–144726. Human Resources 6,354 6,106 708 70827. Information Technologies 9,544 8,311 597 1,112 1,70928. All Other 487 370 138 13829. Administrative & Support Subtotal 16,385 14,787 1,305 1,250 2,55530. Facilities & Campus Services 147,211 144,207 15,670 416 16,08631. Real Estate 18,386 17,090 2,057 2,05732. Transportation/Mail Service 23,964 22,220 2,067 2,06733. Physical Plant Subtotal 189,561 183,517 19,794 416 20,21034. Ithaca All Other 6,128 4,757 918 91835. Ithaca Campus Total 767,087 725,388 72,436 3,170 75,606Medical College36. Research 269,412 372,006 22,723 22,72337. Residences 71,964 69,201 6,371 6,37138. Clinical Care 7839. Infrastructure/Administrative 13,908 13,217 1,432 1,43240. Medical College Total 355,362 454,424 30,526 30,52641. University Total 1,122,449 1,179,812 102,962 3,170 106,132
Page 1 and 2: 2013-2014Operating & CapitalBUDGET
Page 3: ContentsFROM THE VICE PRESIDENT....
Page 9 and 10: “We are of course indebted to our
Page 11 and 12: Table 3: Ithaca Campus - Summary(do
Page 13 and 14: Industrial& LaborRelationsJohnsonSc
Page 15 and 16: Operating Budget — Details13impor
Page 18 and 19: plan was approved in September and
Page 20 and 21: Operating Budget — Details18Law S
Page 22 and 23: Operating Budget — Details20WEILL
Page 24 and 25: The New Budget ModelThe New Budget
Page 26 and 27: The New Budget Model24external fell
Page 28 and 29: The New Budget Model26research cent
Page 30 and 31: Implementing AdministrativeEfficien
Page 32 and 33: Financial Recovery30dropped to 6.5,
Page 34 and 35: Figure 8.Financial RecoveryFigure 9
Page 36 and 37: Institutional Intelligence:I 2 at C
Page 38 and 39: Strategic PlanningSince its foundin
Page 40 and 41: Space PlanningSuccessful space mana
Page 42 and 43: Capital Plan - 2013-14Capital Plan
Page 44 and 45: Figure 13. Funding Sources - FY 201
Page 46 and 47: Table 6: Approved Capital Activity
Page 50 and 51: Capital Plan — 2013-1448LEASED SP
Page 53 and 54: AppendicesA Academic Year Tuitions.
Page 55 and 56: BStudent Fees and Other Tuition Rat
Page 57 and 58: DProfile: Class of 2016CLASS OF 201
Page 59 and 60: D CONT.COMPARATIVE DATA: 2012 FALL
Page 61 and 62: FUndergraduate Tuition and FeesSele
Page 63 and 64: HUndergraduate Financial AidSource
Page 65 and 66: JFacilities and Administrative Cost
Page 67 and 68: LEndowment Market Valuefor Selected
Page 69 and 70: NCornell Now Campaign - Through Mar
Page 71 and 72: O CONT.SOURCES OF FUNDINGPROJECT EX
Page 73 and 74: O CONT.SOURCES OF FUNDINGPROJECT EX
Page 75 and 76: QProjected Maintenance Funding - It
Page 77 and 78: SRoom and Board Rates - Ithaca Camp
Page 79 and 80: UExisting Budget ModelsThe Ithaca c
Page 81 and 82: V CONT.• Academic facilities shou
Page 83 and 84: W CONT.• Cross-functional working
Page 85 and 86: X CONT.CRITERIA FOR DECISION-MAKING
Page 87 and 88: ZInterdepartmental Fee GuidelinesAp
Page 89 and 90: Z CONT.preparing the fee request- E
Page 91: PRINTED ON FSC-CERTIFIED PAPER WITH

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