Table 1
Summary of Proposed Changes
2007-08 Budget Plan
and State Appropriation Request |
| |
| |
EXPENSE CHANGES:
|
Educ.
and
General
|
|
Ag. Res.
&
Coop. Ext.
|
|
College
of
Medicine
|
|
PA
College of
Technology
|
|
Total
|
| |
Basic Operating
Costs: |
|
|
|
|
|
|
|
|
|
| |
Faculty
and Staff Salary
Adjustments |
$30,628,000 |
|
$1,262,000 |
|
$1,070,000 |
|
$2,400,000 |
|
$35,360,000 |
| |
Benefits and Insurances |
23,484,000 |
|
975,000 |
|
180,000 |
|
1,725,000 |
|
26,364,000 |
| |
Facilities |
11,993,000 |
|
|
|
|
|
|
|
11,993,000 |
| |
Strategic Initiatives and Other
Program Needs |
7,500,000
|
|
1,495,000 |
|
|
|
|
|
8,995,000 |
| |
Libraries, Computing and
Telecommunications |
1,300,000
|
|
|
|
|
|
|
|
1,300,000 |
| |
Internal
Budget Reductions |
(7,143,000) |
|
|
|
|
|
|
|
(7,143,000) |
| |
Need-Based
Student Aid |
500,000 |
|
|
|
|
|
|
|
500,000 |
| |
Student
Activities |
1,300,000 |
|
|
|
|
|
|
|
1,300,000 |
| |
Penn College Debt Service |
|
|
|
|
|
|
141,000 |
|
141,000 |
| |
|
|
|
|
|
|
|
|
|
|
| TOTAL EXPENSE CHANGES |
$69,562,000 |
|
$3,732,000 |
|
$1,250,000 |
|
$4,266,000 |
|
$78,810,000 |
| |
|
|
|
|
|
|
|
|
|
|
| INCOME CHANGES: |
|
|
|
|
|
|
|
|
|
| |
Tuition & Fees |
$48,514,000 |
|
|
|
$898,000
|
|
$3,264,000
|
|
$52,676,000
|
| |
Other Income |
3,450,000 |
|
|
|
352,000
|
|
|
|
3,802,000 |
| |
Requested Appropriation
Increase* |
17,598,000
|
|
3,732,000 |
|
|
|
1,002,000 |
|
22,332,000 |
| |
|
|
|
|
|
|
|
|
|
|
| TOTAL INCOME CHANGES |
$69,562,000 |
|
$3,732,000 |
|
$1,250,000 |
|
$4,266,000 |
|
$78,810,000 |
| * The
University also is requesting an
additional increase of $963,000 in the State and Federal
Medical Assistance funding provided to the Milton S. Hershey
Medical Center through the Pennsylvania Department of Public
Welfare. Penn State's overall request for additional
Commonwealth support for 2007-08 totals $23,295,000. |
|
