The UC Santa Cruz Budget – A Bird's Eye View - Office of Planning ...

Definition of TermsBUDGET SUMMARY CATEGORIESSource of All Budget Information: FMW—Financial Managers WorkbenchBudget - Refers to permanently budgeted activities in the specified fiscal year (July 1 to June 30) and does not includetemporary (non-recurring) allocations or extramural contract and grant activity.FTE - Full Time Equivalent. One FTE is one job at 100% time. An FTE is also a provision so that, theoretically, there couldbe 10 persons at 10% time to fill one FTE. In this context, FTE Total is the number of budgeted FTE provisions in a unit,whether or not an individual has actually been hired to fill the slot.Academic FTE - Includes permanently budgeted ladder faculty, as well as personnel with academic appointments in nonladderfaculty titles such as researchers, librarians, teaching assistants, and University Extension Continuing EducationSpecialists. This category includes both filled and unfilled FTE.Staff FTE - Includes permanently budgeted staff positions (non-academic titles), including both filled and unfilled FTE.Academic Salaries - Includes permanently budgeted funding for academic FTE positions.Staff Salaries - Includes permanently budgeted funding for staff positions (non-academic titles).General Assistance - Includes permanently budgeted funding for temporary staff and student employees.Supplies and Materials - Includes all non-salary permanently budgeted funds; includes funding for supplies.Equipment and Capital Expenditures – Includes non-salary permanently budgeted funds for equipment and inventorialitems.Retirement and Employee Benefits – Includes funds for health, dental, vision, and other benefits paid by the employer.Recharge Income – Estimated income from services provided to other campus units on a fee-for-service basis.Definitions-page 2