Data gathering and analysis = Science | Multiple listening sessions = Art General Fund Review and Outlook Fountain SharePoint Site
Timeline
- November 2020 - January 2021:
- Budget Town Halls
- Listening Sessions - February - March 2021:
Campus discussions - April 2021:
Revised plan finalized
Planning Variables
Academic Year Tuition is Approx. $100M, 1% Tuition Rate Increase = $1,000,000
115 FYE = $1,000,000
Appropriation is Approx. $57M, 1% Change is Approx. $600,000
Compensation Budget is Approx. $125M, 1% Change is Approx. $1.3M
Progress
$5-7 Million Budget Reduction
Milestones:
$1.9 Million - BESI
Administrative cuts $ ______
Budget Planning Categories
Budget Planning Variables for Minnesota State Mankato
