Budget Planning Tool

To provide the MSU community an opportunity to work with MSU's budget, an interactive model is displayed below. Before beginning such an exercise, a brief discussion of the budget variables under consideration follows.

The available model allows the user express control over the following budget elements. Please note there are numerous other revenue and expense variables that also influence the budget planning process. For simplicity, those have been established in the model at currently anticipated levels and are not available for adjustment. Current values reflect 2015-16 budget parameters approved in June 2015 and are updated to reflect the state senate recommendations for appropriations.

State Appropriations - Provides approximately 21% of MSU's general fund revenue. Presently, this variable's opening value reflects the 4% estimate approved by the Board of Trustees for the pro-forma FY17 budget. At present, the Governor has recommended an increase for MSU through the Higher Education Performance Funding model that approximates 3.9%. This variable is subject to the user's judgment.

Resident Undergraduate Tuition & Fees - A 4% increase was included in the Board of Trustees pro-forma FY17 budget in June of 2015. This variable is subject to the user’s judgement.

Financial Aid - Over the last five years, the general fund financial aid budget has increased 36%. Prevailing university policy calls for increases to financial aid to be at least equal to the level of increase to tuition and fees. The variables opening value represents the approved 4.5% increase for the fiscal period.

Salaries - Dependent upon national/international market conditions, ability to attract and retain acclaimed faculty.

Health Care - Self-insured, dependent upon projected costs and programmatic changes identified jointly by university and employee groups.

Other Benefits - Estimated at 3%.

Utilities - Estimated at 4%.

Base Budget Reduction- If necessary, amount needed to balance budget.

 
Revenue Inputs
Appropriation
Res. Undergrad Tuition & Fees
All Other Tuition & Fees
Other Income
Expense Inputs
Financial Aid
Salaries
Health Care
Other Benefits
Utilities
Budget Reduction
Supplies, Services & Equipment
Other Expenses
(Hover over charts for details)
2015-2016
(Current)
 
 
Revenue  Expenses
2016-2017
(Preliminary)
 
 
 
 
Revenue  Expenses
2017-2018
(Preliminary)
 
 
 
 
Revenue  Expenses
Opportunity

ENSURING ACCESS AND OPPORTUNITY

Providing financial aid, academic opportunities, and value

Find out how >

Advance

ADVANCING INNOVATION AND EXCELLENCE

Enhancing a culture of high performance, guiding future plans, expanding top programs and research

Find out how >

Building value

BUILDING VALUE

Increasing efficient operations, sustainable decision-making, energy and healthcare savings

Find out how >

Future

INVESTING IN MICHIGAN'S FUTURE

Driving the knowledge economy, attracting talent, improving quality of life

Find out how >