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CLARION UNIVERSITY
COUNCIL OF TRUSTEES
BUDGET UPDATE
SEPTEMBER 21, 2017
TABLE OF CONTENTS
E&G Surplus/(Deficit) Bar Graph
Page 1
E&G Total Compensation Graph
Page 2
E&G Prior Year-FY 2016/17 Summary
Page 3
E&G Budget: Current Year-FY 2017/18 & Request Year-FY 2018/19
Page 4
Total Funds Budget: Current Year-FY 2017/18 & Request Year-FY 2018/19
Sources Less Uses
Page 5
Appendix
E&G Revenue Sources Graph
Page 6
Clarion FY 2017 SRECNA
Page 7
Clarion FY 2017 Cash Flow
Page 8
Total Funds Budget: Current Year-FY 2017/18 & Request Year-FY 2018/19
Current Expenditures as % of Revenue
Page 9
Student Profile: Prior Year-FY 2016/17, Current Year-FY2017/18 & Request Year-FY 2018/19
Page 10
CLARION E&G SURPLUS/DEFICIT
4,000,000
2,000,000
-
Fiscal Year 2009
Fiscal Year 2010
Fiscal Year 2011
Fiscal Year 2012
Fiscal Year 2013
Fiscal Year 2014
Fiscal Year 2015
Fiscal Year 2016
Fiscal Year 2017BUD
Fiscal Year 2017
(2,000,000)
(4,000,000)
(6,000,000)
(8,000,000)
Surplus Deficit Graph - PAGE 1
CLARION E&G TOTAL COMPENSATION
Salaries and Wages
Benefits
63,000,000
58,000,000
53,000,000
48,000,000
43,000,000
38,000,000
33,000,000
28,000,000
23,000,000
18,000,000
FY 2014/15
FY 2015/16
FY 2016/17
FY 2017/18-BUD
FY 2018/19-BUD
Total Compensation Graph-PAGE 2
E&G Prior Year - FY 2016/17 Summary
Clarion University of Pennsylvania
Educational and General Budget
Actual
Revenue/Sources
Tuition
Fees
State Appropriation
All Other Revenue
Planned Use of Carryforward
Total Revenue/Sources
Budget
Actual
FY 2015/16
$37,050,276
12,201,288
24,056,297
5,256,199
0
$78,564,060
FY 2016/17
$37,378,542
12,554,211
24,862,718
4,629,706
2,200,000
$81,625,177
FY 2016/17
$37,928,848
12,575,155
24,982,987
6,160,919
0
$81,647,909
Expenditures and Transfers
Compensation Summary:
Salaries and Wages
Benefits
Subtotal, Compensation
Student Financial Aid
Utilities
Other Services and Supplies
Subtotal, All Services and Supplies
Capital Expenditures and Transfers
Total Expenditures and Transfers
$41,095,675
20,633,888
$61,729,563
1,767,994
1,820,237
15,371,625
$18,959,856
2,655,641
$83,345,060
$39,654,674
20,638,049
$60,292,723
2,231,595
1,837,800
15,179,901
$19,249,296
2,083,158
$81,625,177
$41,011,733
19,993,947
$61,005,680
2,508,861
2,148,805
13,275,306
$17,932,972
2,019,894
$80,958,546
Revenue/Sources Less
Expenditures/Transfers
($4,781,000)
$0
$689,363
Actual
FY 2015/16
3,829.60
314.93
402.71
136.06
4,683.30
Budget
FY 2016/17
3,583.51
301.45
458.30
126.96
4,470.22
Actual
FY 2015/16
260.67
171.87
76.31
29.72
37.93
576.50
Budget
FY 2016/17
256.83
165.75
78.22
30.70
38.55
570.05
Annualized FTE Enrollment
In-State Undergraduate
Out-of-State Undergraduate
In-State Graduate
Out-of-State Graduate
Total FTE Enrollment
E&G FTE of Budgeted Positions
Faculty
AFSCME
Nonrepresented
SCUPA
All Other
Total FTE of Budgeted Positions
Act/Act
Bud/Act
Percent
Percent
Change
Change
2.4%
1.5%
3.1%
0.2%
3.9%
0.5%
17.2%
33.1%
n/a -100.0%
3.9%
0.0%
-0.2%
-3.1%
-1.2%
41.9%
18.1%
-13.6%
-5.4%
-23.9%
-2.9%
3.4%
-3.1%
1.2%
12.4%
16.9%
-12.5%
-6.8%
-3.0%
-0.8%
Actual
FY 2016/17
3,701.23
304.50
458.50
147.33
4,611.56
Change
-3.4%
-3.3%
13.9%
8.3%
-1.5%
Change
3.3%
1.0%
0.0%
16.0%
3.2%
Actual
FY 2016/17
250.94
155.74
75.69
26.32
36.03
544.72
Change
-3.7%
-9.4%
-0.8%
-11.4%
-5.0%
-5.5%
Change
-2.3%
-6.0%
-3.2%
-14.3%
-6.5%
-4.4%
E&G FY17 SUMMARY - PAGE 3
E&G FY 2017/18 AND FY 2018/19 BUDGET
Clarion University of Pennsylvania
Educational and General Budget
Actual
Actual
Budget
Budget
FY 2015/16
$37,050,276
12,201,288
24,056,297
5,256,199
0
$78,564,060
FY 2016/17
$37,928,848
12,575,155
24,982,987
6,160,919
0
$81,647,909
FY 2017/18
$39,209,679
12,610,608
24,942,137
5,086,730
1,090,000
$82,939,154
Percent
Change
3.4%
0.3%
-0.2%
-17.4%
#DIV/0!
1.6%
FY 2018/19
$39,209,679
12,610,608
24,942,137
5,086,730
0
$81,849,154
Expenditures and Transfers
Compensation Summary:
Salaries and Wages
Benefits
Subtotal, Compensation
Student Financial Aid
Utilities
Other Services and Supplies
Subtotal, All Services and Supplies
Capital Expenditures and Transfers
Total Expenditures and Transfers
$41,095,675
20,633,888
$61,729,563
1,767,994
1,820,237
15,371,625
$18,959,856
2,655,641
$83,345,060
$41,011,733
19,993,947
$61,005,680
2,508,861
2,148,805
13,275,306
$17,932,972
2,019,894
$80,958,546
$40,444,393
20,452,453
$60,896,846
2,961,520
2,060,120
15,380,348
$20,401,988
1,640,320
$82,939,154
-1.4%
2.3%
-0.2%
18.0%
-4.1%
15.9%
13.8%
-18.8%
2.4%
$40,929,509
20,878,676
$61,808,185
3,500,000
2,125,000
15,801,000
$21,426,000
1,430,320
$84,664,505
Revenue/Sources Less
Expenditures/Transfers
($4,781,000)
$689,363
$0
n/a
Actual
FY 2015/16
3,829.60
314.93
402.71
136.06
4,683.30
Actual
FY 2016/17
3,701.23
304.50
458.50
147.33
4,611.56
Budget
FY 2017/18
3,679.33
297.87
474.88
146.92
4,599.00
Change
-0.6%
-2.2%
3.6%
-0.3%
-0.3%
Budget
FY 2018/19
3,680.33
297.87
474.88
146.92
4,600.00
Change
0.0%
0.0%
0.0%
0.0%
0.0%
Actual
FY 2015/16
260.67
171.87
76.31
29.72
37.93
576.50
Actual
FY 2016/17
250.94
155.74
75.69
26.32
36.03
544.72
Budget
FY 2017/18
250.85
164.06
76.67
31.89
37.58
561.05
Change
0.0%
5.3%
1.3%
21.2%
4.3%
3.0%
Budget
FY 2018/19
254.85
162.74
76.65
30.89
37.56
562.69
Change
1.6%
-0.8%
0.0%
-3.1%
-0.1%
0.3%
Revenue/Sources
Tuition
Fees
State Appropriation
All Other Revenue
Planned Use of Carryforward
Total Revenue/Sources
Annualized FTE Enrollment
In-State Undergraduate
Out-of-State Undergraduate
In-State Graduate
Out-of-State Graduate
Total FTE Enrollment
E&G FTE of Budgeted Positions
Faculty
AFSCME
Nonrepresented
SCUPA
All Other
Total FTE of Budgeted Positions
Percent
Change
0.0%
0.0%
0.0%
0.0%
-100.0%
-1.3%
1.2%
2.1%
1.5%
18.2%
3.1%
2.7%
-12.8%
2.1%
($2,815,351)
E&G BUDGET FY18 & FY19 - PAGE 4
FY 2017/18 & 2018/19 BUDGET - Total Funds
Clarion University of Pennsylvania
FY 2016/17
ACT Prior Year
EDUCATIONAL & GENERAL
Current Sources
Tuition & Fees
Appropriation
Other Revenue
Planned Use of Carry Forward*
Total Sources
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
FY 2017/18
Current Year
Variance: Prior/Current
Amount
%
FY 2018/19
Request Year
Variance: Request/Current
Amount
%
$50,504,003
24,982,987
6,160,919
$81,647,909
$51,820,287
24,942,137
5,086,730
1,090,000
$82,939,154
$1,316,284
(40,850)
(1,074,189)
1,090,000
$1,291,245
2.6%
-0.2%
-17.4%
n/a
1.6%
$51,820,287
24,942,137
5,086,730
$81,849,154
$0
(1,090,000)
($1,090,000)
0.0%
0.0%
0.0%
-100.0%
-1.3%
$61,005,680
17,932,972
642,314
1,377,580
$80,958,546
$689,363
$60,896,846
20,401,988
913,800
726,520
$82,939,154
$0
($108,834)
2,469,016
271,486
(651,060)
$1,980,608
n/a
-0.2%
13.8%
42.3%
-47.3%
2.4%
n/a
$61,808,185
21,426,000
703,800
726,520
$84,664,505
($2,815,351)
$911,339
1,024,012
(210,000)
$1,725,351
n/a
1.5%
5.0%
-23.0%
0.0%
2.1%
n/a
$5,951,067
(26)
5,089,097
$11,040,138
$5,849,847
5,595,419
$11,445,266
($101,220)
26
506,322
$405,128
-1.7%
-100.0%
9.9%
n/a
3.7%
$6,075,000
5,794,000
$11,869,000
$225,153
198,581
$423,734
3.8%
n/a
3.5%
n/a
3.7%
$3,636,525
5,928,714
13,676
1,314,237
$10,893,152
$146,986
$4,185,535
6,399,149
65,000
795,582
$11,445,266
$0
$549,010
470,435
51,324
(518,655)
$552,114
n/a
15.1%
7.9%
375.3%
-39.5%
5.1%
n/a
$4,282,626
6,725,792
65,000
795,582
$11,869,000
$0
$97,091
326,643
$423,734
n/a
2.3%
5.1%
0.0%
0.0%
3.7%
n/a
$17,970,650
2,672,634
$20,643,284
$18,010,000
2,649,000
$20,659,000
$39,350
(23,634)
$15,716
0.2%
-0.9%
0.1%
$18,070,000
2,649,000
$20,719,000
$60,000
$60,000
0.3%
0.0%
0.3%
$3,823,232
16,584,406
86,345
(21,365)
$20,472,618
$170,666
$3,836,239
16,822,761
$20,659,000
$0
$13,007
238,355
(86,345)
21,365
$186,382
n/a
0.3%
1.4%
-100.0%
-100.0%
0.9%
n/a
$3,934,237
16,784,763
$20,719,000
$0
$97,998
(37,998)
$60,000
n/a
2.6%
-0.2%
n/a
n/a
0.3%
n/a
$50,504,003
24,982,987
37,844,341
$113,331,331
$51,820,287
24,942,137
37,190,996
1,090,000
$115,043,420
$1,316,284
(40,850)
(653,345)
1,090,000
$1,712,089
2.6%
-0.2%
-1.7%
n/a
1.5%
$51,820,287
24,942,137
37,674,730
$114,437,154
$0
483,734
(1,090,000)
($606,266)
0.0%
0.0%
1.3%
-100.0%
-0.5%
$68,465,437
40,446,092
742,335
2,670,452
$112,324,316
$1,007,015
$68,918,620
43,623,898
978,800
1,522,102
$115,043,420
$0
$453,183
3,177,806
236,465
(1,148,350)
$2,719,104
n/a
0.7%
7.9%
31.9%
-43.0%
2.4%
n/a
$70,025,048
44,936,555
768,800
1,522,102
$117,252,505
($2,815,351)
$1,106,428
1,312,657
(210,000)
$2,209,085
n/a
1.6%
3.0%
-21.5%
0.0%
1.9%
n/a
AUXILIARY
Current Sources
Food Service
Housing
Other Revenue
Planned Use of Carry Forward*
Total Sources
Current Uses
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
RESTRICTED
Current Sources
Govt. Contracts/Grants
Other Revenue
Total Sources
Current Uses
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
TOTAL
Current Sources
Tuition & Fees
Appropriation
Other Revenue
Planned Use of Carry Forward*
Total Sources
Current Uses
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
*Planned Use of Carry Forward should reflect the planned usage of any unrestricted net assets.
Total Funds Budget - PAGE 5
APPENDIX
Clarion E&G Revenue Sources in Support of E&G Expenses
90,000,000
78,074,403
80,718,643
80,000,000
84,456,312
82,462,788
85,664,505
83,345,060
80,958,546
80,439,266
79,522,499
82,939,154
77,245,101
70,000,000
23,362,309
60,000,000
26,269,435
22,596,328
25,187,058
22,261,739
23,235,384
24,056,297
12,077,062
12,170,378
12,201,288
40,079,103
38,472,573
37,676,176
37,050,276
Fiscal Year 2013
Fiscal Year 2014
Fiscal Year 2015
Fiscal Year 2016
24,942,137
12,610,608
12,610,608
37,928,848
39,209,679
39,209,679
Fiscal Year 2017
Fiscal Year 2018BUD
Fiscal Year 2019BUD
27,972,185
50,000,000
12,462,450
12,436,492
9,137,935
8,575,779
40,000,000
24,942,137
24,982,987
12,575,155
7,822,756
30,000,000
20,000,000
36,775,290
42,361,263
39,729,920
41,235,453
Fiscal Year 2010
Fiscal Year 2011
10,000,000
-
Fiscal Year 2009
Net Tuition
Fees
Fiscal Year 2012
State Appropriation
Federal Appropriation
Other Revenue
Total E&G Expenditures and Transfers, excluding pay as you go
E&G Revenue Sources - PAGE 6
Clarion University
Statement of Revenues, Expenses, and Change in Net Position
FY 2016/17
Revenues
Operating Revenues:
Tuition and fees
less discounts and allowances
Net tuition and fees
Governmental grants and contracts:
Federal
State
Local
Nongovernmental grants and contracts
Sales and services
Auxiliary enterprises, net of discounts of
Other revenues, net
Total Operating Revenues
50,504,004
(12,348,025)
(175,244)
Expenses
Operating Expenses:
Instruction
Research
Public Service
Academic Support
Student Services
Institutional Support
Operations and Maintenance of Plant
Depreciation
Student Aid
Auxiliary Enterprises
Total Operating Expenses
Net Operating Revenues (Expenses)
Nonoperating Revenues (Expenses)
State appropriations, general and restricted
Commonwealth on-behalf contributions to PSERS
Pell grants
Investment income, net of related investment expense of
Unrealized gain (loss) on investments
Gifts for other than capital purposes
Interest expense on capital asset-related debt
Gain (loss) on disposal of assets
Gain (loss) on acquisition of assets
Other nonoperating revenue
Net Nonoperating Revenues (Expenses)
FY 2015/16
(5,261)
49,251,564
(12,430,066)
38,155,979
36,821,498
4,799,538
6,040,157
0
517,256
5,652,942
10,844,129
573,103
66,583,104
4,082,670
6,378,807
0
250,221
5,277,345
10,983,329
128,008
63,921,878
(407,784)
37,178,030
84,319
8,221,509
8,697,899
12,805,474
12,383,338
8,111,744
5,346,690
4,733,596
8,896,911
106,459,510
37,577,370
262,560
7,692,398
8,823,673
12,611,624
13,096,158
7,421,983
4,982,603
4,637,162
9,475,680
106,581,211
(39,876,406)
(42,659,333)
24,982,987
241,697
7,437,203
403,916
0
1,462,371
(354,282)
1,850
0
224,915
34,400,657
24,056,297
202,568
7,500,991
363,416
0
1,423,907
(321,448)
20,184
0
62,038
33,307,953
(5,688)
Income (Loss) before other revenues, expenses,
gains, or losses
(5,475,749)
(9,351,380)
State appropriations, capital
Capital gifts and grants
Additions to permanent endowments
Total Other Revenues
917,998
256,951
0
1,174,949
881,704
257,107
0
1,138,811
(4,300,800)
(8,212,569)
Net Position
Net position-beginning of year
(55,669,428)
(47,456,859)
Net position-end of year
(59,970,228)
(55,669,428)
Increase (Decrease) in Net Position
FY17 SRECNA - PAGE 7
Clarion University
Statement of Cash Flows
FY 2016/17
FY 2015/16
Cash Flows from Operating Activities
A1 Tuition and fees
A2 Grants and contracts
A3 Payments to suppliers for goods and services
A4 Payments to or on behalf of employees
A5 Loans issued to students
A6 Loans collected from students
A7 Student Aid
A8 Auxiliary enterprise charges
A9 Sales and services
A10 Other receipts (payments)
Net cash provided by (used in) operating activities
38,175,856
11,827,079
(24,996,120)
(68,373,714)
(81,862)
101,207
(4,823,845)
10,843,885
5,737,974
(399,818)
(31,989,358)
37,796,036
11,010,275
(23,167,641)
(68,006,895)
(78,560)
188,214
(4,738,244)
11,178,528
5,287,042
863,794
(29,667,451)
Cash Flows from Noncapital Financing Activities
B1 State appropriations
B2 Gifts and nonoperating grants for other than capital purposes
B3 PLUS, Stafford, and other loans receipts (non-Perkins)
B4 PLUS, Stafford, and other loans disbursements (non-Perkins)
B5 Agency transactions, net
B6 Other
Net cash provided by (used in) noncapital financing activities
24,982,987
8,899,574
46,974,716
(46,974,716)
0
224,915
34,107,476
24,056,297
8,924,898
46,160,394
(46,160,394)
0
62,038
33,043,233
0
917,998
256,951
1,850
(3,335,659)
(2,020,053)
(442,053)
(4,620,966)
1,994,527
881,704
257,107
20,184
(12,304,810)
(4,081,234)
(489,990)
(13,722,512)
Cash Flows from Capital Financing Activities
C1 Proceeds from capital debt and leases
C2 Capital appropriations
C3 Capital grants and gifts received
C4 Proceeds from sales of capital assets
C5 Purchases of capital assets
C6 Principal paid on capital debt and leases
C7 Interest paid on capital debt and leases
Net cash provided by (used in) capital financing activities
Cash Flows from Investing Activities
D1 Proceeds from sales and maturities of investments
D2 Interest on investments
D3 Purchase of investments
Net cash provided by (used in) investing activities
0
402,960
0
402,960
0
370,780
0
370,780
Net Increase (Decrease) in cash
Cash--beginning of year
(2,099,888)
21,734,006
(9,975,950)
31,709,956
Cash--end of year
19,634,118
21,734,006
FY17 Cash Flow - PAGE 8
FY 2017/18 & 2018/19 BUDGET - Total Funds
Clarion University of Pennsylvania
Current Expenditures as % of Revenue
EDUCATIONAL & GENERAL
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
FY 2016/17
Prior Year
FY 2017/18
FY 2018/19
Current Year Request Year
74.7%
22.0%
0.8%
1.7%
99.2%
73.4%
24.6%
1.1%
0.9%
100.0%
75.5%
26.2%
0.9%
0.9%
103.4%
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
32.9%
53.7%
0.1%
11.9%
98.7%
36.6%
55.9%
0.6%
7.0%
100.0%
36.1%
56.7%
0.5%
6.7%
100.0%
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
18.5%
80.3%
0.4%
-0.1%
99.2%
18.6%
81.4%
0.0%
0.0%
100.0%
19.0%
81.0%
0.0%
0.0%
100.0%
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
60.4%
35.7%
0.7%
2.4%
99.1%
59.9%
37.9%
0.9%
1.3%
100.0%
61.2%
39.3%
0.7%
1.3%
102.5%
AUXILIARY
RESTRICTED
TOTAL
Exp as a % of Rev - PAGE 9
FY 2017/18 & FY 2018/19 BUDGET REPORT (BUDRPT)
Clarion University of Pennsylvania
Student Profile
Note: Fall Headcount Data must match Program Budget enrollment submissions being completed by the Institutional Research Office.
FY 2016/17
Prior Year
Fall Headcount (should be whole numbers)
Undergraduate
In-State
Out-of-State
Domestic
Subtotal, Out-of-State
Total Undergraduate
Graduate
In-State
Out-of-State
Domestic
Foreign
Subtotal, Out-of-State
Total Graduate
Total In-State Headcount
Total Out-of-State Headcount
Total Fall Headcount
Annualized FTE
Undergraduate
In-State
Out-of-State
Domestic
Foreign
Subtotal, Out-of-State
Total Undergraduate
Graduate
In-State
Out-of-State
Domestic
Foreign
Subtotal, Out-of-State
Total Graduate
Total In-State FTE
Total Out-of-State FTE
Total Annualized FTE
FY 2017/18
Current Year
FY 2018/19
Request Year
3,963.00
3,929.00
3,930.00
(34.00)
-0.9%
1.00
0.0%
346.00
21.00
346.00
4,309.00
345.00
11.00
345.00
4,274.00
345.00
11.00
345.00
4,275.00
(1.00)
-0.3%
0.00
0.0%
(1.00)
(35.00)
-0.3%
-0.8%
0.00
1.00
0.0%
0.0%
661.00
683.00
683.00
22.00
3.3%
0.00
0.0%
226.00
7.00
233.00
894.00
4,624.00
579.00
5,203.00
228.00
3.00
231.00
914.00
4,612.00
576.00
5,188.00
228.00
3.00
231.00
914.00
4,613.00
576.00
5,189.00
2.00
(4.00)
(2.00)
20.00
(12.00)
(3.00)
(15.00)
0.9%
-57.1%
-0.9%
2.2%
-0.3%
-0.5%
-0.3%
0.00
0.00
0.00
0.00
1.00
0.00
1.00
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3,701.23
3,679.33
3,680.33
(21.90)
-0.6%
1.00
285.33
19.17
304.50
4,005.73
285.27
12.60
297.87
3,977.20
285.27
12.60
297.87
3,978.20
(0.06)
(6.57)
(6.63)
(28.53)
0.0%
-34.3%
-2.2%
-0.7%
0.00
0.00
0.00
1.00
0.0%
n/a
0.0%
0.0%
0.0%
0.0%
458.50
474.88
474.88
3.6%
0.00
0.0%
143.33
4.00
147.33
605.83
4,159.73
451.83
4,611.56
144.92
2.00
146.92
621.80
4,154.21
444.79
4,599.00
144.92
2.00
146.92
621.80
4,155.21
444.79
4,600.00
1.1%
-50.0%
-0.3%
2.6%
-0.1%
-1.6%
-0.3%
0.00
0.00
0.00
0.00
1.00
0.00
1.00
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Prior Year
Amount
% of CIP FTE
Total (Undergraduate & Graduate)
Annualized FTE
Calculated Revenue FTE
Fall Headcount
4,611.56
4,668.71
5,224.00
101.2%
113.3%
Variance: Prior to Current
Amount
%
16.38
1.59
(2.00)
(0.41)
15.97
(5.52)
(7.04)
(12.56)
Current Year
Amount
% of CIP FTE
4,599.00
4,655.72
5,199.00
101.2%
113.0%
Variance: Current to Request
Amount
%
Request Year
Amount
% of CIP FTE
4,600.00
4,655.72
5,200.00
101.2%
113.0%
STUDENT PROFILE - PAGE 10
COUNCIL OF TRUSTEES
BUDGET UPDATE
SEPTEMBER 21, 2017
TABLE OF CONTENTS
E&G Surplus/(Deficit) Bar Graph
Page 1
E&G Total Compensation Graph
Page 2
E&G Prior Year-FY 2016/17 Summary
Page 3
E&G Budget: Current Year-FY 2017/18 & Request Year-FY 2018/19
Page 4
Total Funds Budget: Current Year-FY 2017/18 & Request Year-FY 2018/19
Sources Less Uses
Page 5
Appendix
E&G Revenue Sources Graph
Page 6
Clarion FY 2017 SRECNA
Page 7
Clarion FY 2017 Cash Flow
Page 8
Total Funds Budget: Current Year-FY 2017/18 & Request Year-FY 2018/19
Current Expenditures as % of Revenue
Page 9
Student Profile: Prior Year-FY 2016/17, Current Year-FY2017/18 & Request Year-FY 2018/19
Page 10
CLARION E&G SURPLUS/DEFICIT
4,000,000
2,000,000
-
Fiscal Year 2009
Fiscal Year 2010
Fiscal Year 2011
Fiscal Year 2012
Fiscal Year 2013
Fiscal Year 2014
Fiscal Year 2015
Fiscal Year 2016
Fiscal Year 2017BUD
Fiscal Year 2017
(2,000,000)
(4,000,000)
(6,000,000)
(8,000,000)
Surplus Deficit Graph - PAGE 1
CLARION E&G TOTAL COMPENSATION
Salaries and Wages
Benefits
63,000,000
58,000,000
53,000,000
48,000,000
43,000,000
38,000,000
33,000,000
28,000,000
23,000,000
18,000,000
FY 2014/15
FY 2015/16
FY 2016/17
FY 2017/18-BUD
FY 2018/19-BUD
Total Compensation Graph-PAGE 2
E&G Prior Year - FY 2016/17 Summary
Clarion University of Pennsylvania
Educational and General Budget
Actual
Revenue/Sources
Tuition
Fees
State Appropriation
All Other Revenue
Planned Use of Carryforward
Total Revenue/Sources
Budget
Actual
FY 2015/16
$37,050,276
12,201,288
24,056,297
5,256,199
0
$78,564,060
FY 2016/17
$37,378,542
12,554,211
24,862,718
4,629,706
2,200,000
$81,625,177
FY 2016/17
$37,928,848
12,575,155
24,982,987
6,160,919
0
$81,647,909
Expenditures and Transfers
Compensation Summary:
Salaries and Wages
Benefits
Subtotal, Compensation
Student Financial Aid
Utilities
Other Services and Supplies
Subtotal, All Services and Supplies
Capital Expenditures and Transfers
Total Expenditures and Transfers
$41,095,675
20,633,888
$61,729,563
1,767,994
1,820,237
15,371,625
$18,959,856
2,655,641
$83,345,060
$39,654,674
20,638,049
$60,292,723
2,231,595
1,837,800
15,179,901
$19,249,296
2,083,158
$81,625,177
$41,011,733
19,993,947
$61,005,680
2,508,861
2,148,805
13,275,306
$17,932,972
2,019,894
$80,958,546
Revenue/Sources Less
Expenditures/Transfers
($4,781,000)
$0
$689,363
Actual
FY 2015/16
3,829.60
314.93
402.71
136.06
4,683.30
Budget
FY 2016/17
3,583.51
301.45
458.30
126.96
4,470.22
Actual
FY 2015/16
260.67
171.87
76.31
29.72
37.93
576.50
Budget
FY 2016/17
256.83
165.75
78.22
30.70
38.55
570.05
Annualized FTE Enrollment
In-State Undergraduate
Out-of-State Undergraduate
In-State Graduate
Out-of-State Graduate
Total FTE Enrollment
E&G FTE of Budgeted Positions
Faculty
AFSCME
Nonrepresented
SCUPA
All Other
Total FTE of Budgeted Positions
Act/Act
Bud/Act
Percent
Percent
Change
Change
2.4%
1.5%
3.1%
0.2%
3.9%
0.5%
17.2%
33.1%
n/a -100.0%
3.9%
0.0%
-0.2%
-3.1%
-1.2%
41.9%
18.1%
-13.6%
-5.4%
-23.9%
-2.9%
3.4%
-3.1%
1.2%
12.4%
16.9%
-12.5%
-6.8%
-3.0%
-0.8%
Actual
FY 2016/17
3,701.23
304.50
458.50
147.33
4,611.56
Change
-3.4%
-3.3%
13.9%
8.3%
-1.5%
Change
3.3%
1.0%
0.0%
16.0%
3.2%
Actual
FY 2016/17
250.94
155.74
75.69
26.32
36.03
544.72
Change
-3.7%
-9.4%
-0.8%
-11.4%
-5.0%
-5.5%
Change
-2.3%
-6.0%
-3.2%
-14.3%
-6.5%
-4.4%
E&G FY17 SUMMARY - PAGE 3
E&G FY 2017/18 AND FY 2018/19 BUDGET
Clarion University of Pennsylvania
Educational and General Budget
Actual
Actual
Budget
Budget
FY 2015/16
$37,050,276
12,201,288
24,056,297
5,256,199
0
$78,564,060
FY 2016/17
$37,928,848
12,575,155
24,982,987
6,160,919
0
$81,647,909
FY 2017/18
$39,209,679
12,610,608
24,942,137
5,086,730
1,090,000
$82,939,154
Percent
Change
3.4%
0.3%
-0.2%
-17.4%
#DIV/0!
1.6%
FY 2018/19
$39,209,679
12,610,608
24,942,137
5,086,730
0
$81,849,154
Expenditures and Transfers
Compensation Summary:
Salaries and Wages
Benefits
Subtotal, Compensation
Student Financial Aid
Utilities
Other Services and Supplies
Subtotal, All Services and Supplies
Capital Expenditures and Transfers
Total Expenditures and Transfers
$41,095,675
20,633,888
$61,729,563
1,767,994
1,820,237
15,371,625
$18,959,856
2,655,641
$83,345,060
$41,011,733
19,993,947
$61,005,680
2,508,861
2,148,805
13,275,306
$17,932,972
2,019,894
$80,958,546
$40,444,393
20,452,453
$60,896,846
2,961,520
2,060,120
15,380,348
$20,401,988
1,640,320
$82,939,154
-1.4%
2.3%
-0.2%
18.0%
-4.1%
15.9%
13.8%
-18.8%
2.4%
$40,929,509
20,878,676
$61,808,185
3,500,000
2,125,000
15,801,000
$21,426,000
1,430,320
$84,664,505
Revenue/Sources Less
Expenditures/Transfers
($4,781,000)
$689,363
$0
n/a
Actual
FY 2015/16
3,829.60
314.93
402.71
136.06
4,683.30
Actual
FY 2016/17
3,701.23
304.50
458.50
147.33
4,611.56
Budget
FY 2017/18
3,679.33
297.87
474.88
146.92
4,599.00
Change
-0.6%
-2.2%
3.6%
-0.3%
-0.3%
Budget
FY 2018/19
3,680.33
297.87
474.88
146.92
4,600.00
Change
0.0%
0.0%
0.0%
0.0%
0.0%
Actual
FY 2015/16
260.67
171.87
76.31
29.72
37.93
576.50
Actual
FY 2016/17
250.94
155.74
75.69
26.32
36.03
544.72
Budget
FY 2017/18
250.85
164.06
76.67
31.89
37.58
561.05
Change
0.0%
5.3%
1.3%
21.2%
4.3%
3.0%
Budget
FY 2018/19
254.85
162.74
76.65
30.89
37.56
562.69
Change
1.6%
-0.8%
0.0%
-3.1%
-0.1%
0.3%
Revenue/Sources
Tuition
Fees
State Appropriation
All Other Revenue
Planned Use of Carryforward
Total Revenue/Sources
Annualized FTE Enrollment
In-State Undergraduate
Out-of-State Undergraduate
In-State Graduate
Out-of-State Graduate
Total FTE Enrollment
E&G FTE of Budgeted Positions
Faculty
AFSCME
Nonrepresented
SCUPA
All Other
Total FTE of Budgeted Positions
Percent
Change
0.0%
0.0%
0.0%
0.0%
-100.0%
-1.3%
1.2%
2.1%
1.5%
18.2%
3.1%
2.7%
-12.8%
2.1%
($2,815,351)
E&G BUDGET FY18 & FY19 - PAGE 4
FY 2017/18 & 2018/19 BUDGET - Total Funds
Clarion University of Pennsylvania
FY 2016/17
ACT Prior Year
EDUCATIONAL & GENERAL
Current Sources
Tuition & Fees
Appropriation
Other Revenue
Planned Use of Carry Forward*
Total Sources
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
FY 2017/18
Current Year
Variance: Prior/Current
Amount
%
FY 2018/19
Request Year
Variance: Request/Current
Amount
%
$50,504,003
24,982,987
6,160,919
$81,647,909
$51,820,287
24,942,137
5,086,730
1,090,000
$82,939,154
$1,316,284
(40,850)
(1,074,189)
1,090,000
$1,291,245
2.6%
-0.2%
-17.4%
n/a
1.6%
$51,820,287
24,942,137
5,086,730
$81,849,154
$0
(1,090,000)
($1,090,000)
0.0%
0.0%
0.0%
-100.0%
-1.3%
$61,005,680
17,932,972
642,314
1,377,580
$80,958,546
$689,363
$60,896,846
20,401,988
913,800
726,520
$82,939,154
$0
($108,834)
2,469,016
271,486
(651,060)
$1,980,608
n/a
-0.2%
13.8%
42.3%
-47.3%
2.4%
n/a
$61,808,185
21,426,000
703,800
726,520
$84,664,505
($2,815,351)
$911,339
1,024,012
(210,000)
$1,725,351
n/a
1.5%
5.0%
-23.0%
0.0%
2.1%
n/a
$5,951,067
(26)
5,089,097
$11,040,138
$5,849,847
5,595,419
$11,445,266
($101,220)
26
506,322
$405,128
-1.7%
-100.0%
9.9%
n/a
3.7%
$6,075,000
5,794,000
$11,869,000
$225,153
198,581
$423,734
3.8%
n/a
3.5%
n/a
3.7%
$3,636,525
5,928,714
13,676
1,314,237
$10,893,152
$146,986
$4,185,535
6,399,149
65,000
795,582
$11,445,266
$0
$549,010
470,435
51,324
(518,655)
$552,114
n/a
15.1%
7.9%
375.3%
-39.5%
5.1%
n/a
$4,282,626
6,725,792
65,000
795,582
$11,869,000
$0
$97,091
326,643
$423,734
n/a
2.3%
5.1%
0.0%
0.0%
3.7%
n/a
$17,970,650
2,672,634
$20,643,284
$18,010,000
2,649,000
$20,659,000
$39,350
(23,634)
$15,716
0.2%
-0.9%
0.1%
$18,070,000
2,649,000
$20,719,000
$60,000
$60,000
0.3%
0.0%
0.3%
$3,823,232
16,584,406
86,345
(21,365)
$20,472,618
$170,666
$3,836,239
16,822,761
$20,659,000
$0
$13,007
238,355
(86,345)
21,365
$186,382
n/a
0.3%
1.4%
-100.0%
-100.0%
0.9%
n/a
$3,934,237
16,784,763
$20,719,000
$0
$97,998
(37,998)
$60,000
n/a
2.6%
-0.2%
n/a
n/a
0.3%
n/a
$50,504,003
24,982,987
37,844,341
$113,331,331
$51,820,287
24,942,137
37,190,996
1,090,000
$115,043,420
$1,316,284
(40,850)
(653,345)
1,090,000
$1,712,089
2.6%
-0.2%
-1.7%
n/a
1.5%
$51,820,287
24,942,137
37,674,730
$114,437,154
$0
483,734
(1,090,000)
($606,266)
0.0%
0.0%
1.3%
-100.0%
-0.5%
$68,465,437
40,446,092
742,335
2,670,452
$112,324,316
$1,007,015
$68,918,620
43,623,898
978,800
1,522,102
$115,043,420
$0
$453,183
3,177,806
236,465
(1,148,350)
$2,719,104
n/a
0.7%
7.9%
31.9%
-43.0%
2.4%
n/a
$70,025,048
44,936,555
768,800
1,522,102
$117,252,505
($2,815,351)
$1,106,428
1,312,657
(210,000)
$2,209,085
n/a
1.6%
3.0%
-21.5%
0.0%
1.9%
n/a
AUXILIARY
Current Sources
Food Service
Housing
Other Revenue
Planned Use of Carry Forward*
Total Sources
Current Uses
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
RESTRICTED
Current Sources
Govt. Contracts/Grants
Other Revenue
Total Sources
Current Uses
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
TOTAL
Current Sources
Tuition & Fees
Appropriation
Other Revenue
Planned Use of Carry Forward*
Total Sources
Current Uses
Personnel
Services/Supplies
Capital
Transfers
Total Uses
Sources Less Uses
*Planned Use of Carry Forward should reflect the planned usage of any unrestricted net assets.
Total Funds Budget - PAGE 5
APPENDIX
Clarion E&G Revenue Sources in Support of E&G Expenses
90,000,000
78,074,403
80,718,643
80,000,000
84,456,312
82,462,788
85,664,505
83,345,060
80,958,546
80,439,266
79,522,499
82,939,154
77,245,101
70,000,000
23,362,309
60,000,000
26,269,435
22,596,328
25,187,058
22,261,739
23,235,384
24,056,297
12,077,062
12,170,378
12,201,288
40,079,103
38,472,573
37,676,176
37,050,276
Fiscal Year 2013
Fiscal Year 2014
Fiscal Year 2015
Fiscal Year 2016
24,942,137
12,610,608
12,610,608
37,928,848
39,209,679
39,209,679
Fiscal Year 2017
Fiscal Year 2018BUD
Fiscal Year 2019BUD
27,972,185
50,000,000
12,462,450
12,436,492
9,137,935
8,575,779
40,000,000
24,942,137
24,982,987
12,575,155
7,822,756
30,000,000
20,000,000
36,775,290
42,361,263
39,729,920
41,235,453
Fiscal Year 2010
Fiscal Year 2011
10,000,000
-
Fiscal Year 2009
Net Tuition
Fees
Fiscal Year 2012
State Appropriation
Federal Appropriation
Other Revenue
Total E&G Expenditures and Transfers, excluding pay as you go
E&G Revenue Sources - PAGE 6
Clarion University
Statement of Revenues, Expenses, and Change in Net Position
FY 2016/17
Revenues
Operating Revenues:
Tuition and fees
less discounts and allowances
Net tuition and fees
Governmental grants and contracts:
Federal
State
Local
Nongovernmental grants and contracts
Sales and services
Auxiliary enterprises, net of discounts of
Other revenues, net
Total Operating Revenues
50,504,004
(12,348,025)
(175,244)
Expenses
Operating Expenses:
Instruction
Research
Public Service
Academic Support
Student Services
Institutional Support
Operations and Maintenance of Plant
Depreciation
Student Aid
Auxiliary Enterprises
Total Operating Expenses
Net Operating Revenues (Expenses)
Nonoperating Revenues (Expenses)
State appropriations, general and restricted
Commonwealth on-behalf contributions to PSERS
Pell grants
Investment income, net of related investment expense of
Unrealized gain (loss) on investments
Gifts for other than capital purposes
Interest expense on capital asset-related debt
Gain (loss) on disposal of assets
Gain (loss) on acquisition of assets
Other nonoperating revenue
Net Nonoperating Revenues (Expenses)
FY 2015/16
(5,261)
49,251,564
(12,430,066)
38,155,979
36,821,498
4,799,538
6,040,157
0
517,256
5,652,942
10,844,129
573,103
66,583,104
4,082,670
6,378,807
0
250,221
5,277,345
10,983,329
128,008
63,921,878
(407,784)
37,178,030
84,319
8,221,509
8,697,899
12,805,474
12,383,338
8,111,744
5,346,690
4,733,596
8,896,911
106,459,510
37,577,370
262,560
7,692,398
8,823,673
12,611,624
13,096,158
7,421,983
4,982,603
4,637,162
9,475,680
106,581,211
(39,876,406)
(42,659,333)
24,982,987
241,697
7,437,203
403,916
0
1,462,371
(354,282)
1,850
0
224,915
34,400,657
24,056,297
202,568
7,500,991
363,416
0
1,423,907
(321,448)
20,184
0
62,038
33,307,953
(5,688)
Income (Loss) before other revenues, expenses,
gains, or losses
(5,475,749)
(9,351,380)
State appropriations, capital
Capital gifts and grants
Additions to permanent endowments
Total Other Revenues
917,998
256,951
0
1,174,949
881,704
257,107
0
1,138,811
(4,300,800)
(8,212,569)
Net Position
Net position-beginning of year
(55,669,428)
(47,456,859)
Net position-end of year
(59,970,228)
(55,669,428)
Increase (Decrease) in Net Position
FY17 SRECNA - PAGE 7
Clarion University
Statement of Cash Flows
FY 2016/17
FY 2015/16
Cash Flows from Operating Activities
A1 Tuition and fees
A2 Grants and contracts
A3 Payments to suppliers for goods and services
A4 Payments to or on behalf of employees
A5 Loans issued to students
A6 Loans collected from students
A7 Student Aid
A8 Auxiliary enterprise charges
A9 Sales and services
A10 Other receipts (payments)
Net cash provided by (used in) operating activities
38,175,856
11,827,079
(24,996,120)
(68,373,714)
(81,862)
101,207
(4,823,845)
10,843,885
5,737,974
(399,818)
(31,989,358)
37,796,036
11,010,275
(23,167,641)
(68,006,895)
(78,560)
188,214
(4,738,244)
11,178,528
5,287,042
863,794
(29,667,451)
Cash Flows from Noncapital Financing Activities
B1 State appropriations
B2 Gifts and nonoperating grants for other than capital purposes
B3 PLUS, Stafford, and other loans receipts (non-Perkins)
B4 PLUS, Stafford, and other loans disbursements (non-Perkins)
B5 Agency transactions, net
B6 Other
Net cash provided by (used in) noncapital financing activities
24,982,987
8,899,574
46,974,716
(46,974,716)
0
224,915
34,107,476
24,056,297
8,924,898
46,160,394
(46,160,394)
0
62,038
33,043,233
0
917,998
256,951
1,850
(3,335,659)
(2,020,053)
(442,053)
(4,620,966)
1,994,527
881,704
257,107
20,184
(12,304,810)
(4,081,234)
(489,990)
(13,722,512)
Cash Flows from Capital Financing Activities
C1 Proceeds from capital debt and leases
C2 Capital appropriations
C3 Capital grants and gifts received
C4 Proceeds from sales of capital assets
C5 Purchases of capital assets
C6 Principal paid on capital debt and leases
C7 Interest paid on capital debt and leases
Net cash provided by (used in) capital financing activities
Cash Flows from Investing Activities
D1 Proceeds from sales and maturities of investments
D2 Interest on investments
D3 Purchase of investments
Net cash provided by (used in) investing activities
0
402,960
0
402,960
0
370,780
0
370,780
Net Increase (Decrease) in cash
Cash--beginning of year
(2,099,888)
21,734,006
(9,975,950)
31,709,956
Cash--end of year
19,634,118
21,734,006
FY17 Cash Flow - PAGE 8
FY 2017/18 & 2018/19 BUDGET - Total Funds
Clarion University of Pennsylvania
Current Expenditures as % of Revenue
EDUCATIONAL & GENERAL
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
FY 2016/17
Prior Year
FY 2017/18
FY 2018/19
Current Year Request Year
74.7%
22.0%
0.8%
1.7%
99.2%
73.4%
24.6%
1.1%
0.9%
100.0%
75.5%
26.2%
0.9%
0.9%
103.4%
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
32.9%
53.7%
0.1%
11.9%
98.7%
36.6%
55.9%
0.6%
7.0%
100.0%
36.1%
56.7%
0.5%
6.7%
100.0%
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
18.5%
80.3%
0.4%
-0.1%
99.2%
18.6%
81.4%
0.0%
0.0%
100.0%
19.0%
81.0%
0.0%
0.0%
100.0%
Personnel
Services/Supplies
Capital
Transfers
Total Expenditures & Transfers
60.4%
35.7%
0.7%
2.4%
99.1%
59.9%
37.9%
0.9%
1.3%
100.0%
61.2%
39.3%
0.7%
1.3%
102.5%
AUXILIARY
RESTRICTED
TOTAL
Exp as a % of Rev - PAGE 9
FY 2017/18 & FY 2018/19 BUDGET REPORT (BUDRPT)
Clarion University of Pennsylvania
Student Profile
Note: Fall Headcount Data must match Program Budget enrollment submissions being completed by the Institutional Research Office.
FY 2016/17
Prior Year
Fall Headcount (should be whole numbers)
Undergraduate
In-State
Out-of-State
Domestic
Subtotal, Out-of-State
Total Undergraduate
Graduate
In-State
Out-of-State
Domestic
Foreign
Subtotal, Out-of-State
Total Graduate
Total In-State Headcount
Total Out-of-State Headcount
Total Fall Headcount
Annualized FTE
Undergraduate
In-State
Out-of-State
Domestic
Foreign
Subtotal, Out-of-State
Total Undergraduate
Graduate
In-State
Out-of-State
Domestic
Foreign
Subtotal, Out-of-State
Total Graduate
Total In-State FTE
Total Out-of-State FTE
Total Annualized FTE
FY 2017/18
Current Year
FY 2018/19
Request Year
3,963.00
3,929.00
3,930.00
(34.00)
-0.9%
1.00
0.0%
346.00
21.00
346.00
4,309.00
345.00
11.00
345.00
4,274.00
345.00
11.00
345.00
4,275.00
(1.00)
-0.3%
0.00
0.0%
(1.00)
(35.00)
-0.3%
-0.8%
0.00
1.00
0.0%
0.0%
661.00
683.00
683.00
22.00
3.3%
0.00
0.0%
226.00
7.00
233.00
894.00
4,624.00
579.00
5,203.00
228.00
3.00
231.00
914.00
4,612.00
576.00
5,188.00
228.00
3.00
231.00
914.00
4,613.00
576.00
5,189.00
2.00
(4.00)
(2.00)
20.00
(12.00)
(3.00)
(15.00)
0.9%
-57.1%
-0.9%
2.2%
-0.3%
-0.5%
-0.3%
0.00
0.00
0.00
0.00
1.00
0.00
1.00
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3,701.23
3,679.33
3,680.33
(21.90)
-0.6%
1.00
285.33
19.17
304.50
4,005.73
285.27
12.60
297.87
3,977.20
285.27
12.60
297.87
3,978.20
(0.06)
(6.57)
(6.63)
(28.53)
0.0%
-34.3%
-2.2%
-0.7%
0.00
0.00
0.00
1.00
0.0%
n/a
0.0%
0.0%
0.0%
0.0%
458.50
474.88
474.88
3.6%
0.00
0.0%
143.33
4.00
147.33
605.83
4,159.73
451.83
4,611.56
144.92
2.00
146.92
621.80
4,154.21
444.79
4,599.00
144.92
2.00
146.92
621.80
4,155.21
444.79
4,600.00
1.1%
-50.0%
-0.3%
2.6%
-0.1%
-1.6%
-0.3%
0.00
0.00
0.00
0.00
1.00
0.00
1.00
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Prior Year
Amount
% of CIP FTE
Total (Undergraduate & Graduate)
Annualized FTE
Calculated Revenue FTE
Fall Headcount
4,611.56
4,668.71
5,224.00
101.2%
113.3%
Variance: Prior to Current
Amount
%
16.38
1.59
(2.00)
(0.41)
15.97
(5.52)
(7.04)
(12.56)
Current Year
Amount
% of CIP FTE
4,599.00
4,655.72
5,199.00
101.2%
113.0%
Variance: Current to Request
Amount
%
Request Year
Amount
% of CIP FTE
4,600.00
4,655.72
5,200.00
101.2%
113.0%
STUDENT PROFILE - PAGE 10
Media of