Section 245

Section A: Annual Operating Budget

FY2019-2020 General Fund Budget
Operating Revenues
Tuition and Fees	$144,832,831
Federal Grants and Contracts	$150,000
Indirect Cost Recoveries	$15,226,000
Educational Activities/Misc. Revenues	$343,450
Total Operating Revenues	$160,552,281
Operating Expenses
Staff S&W	($43,514,326)
Faculty S&W	($49,399,912)
Grad Student S&W	($4,864,385)
Undergrad Student S&W	($1,048,446)
Fringe Benefits	($35,033,071)
Supplies and Services	($19,169,367)
Scholarships	($47,521,752)
Utilities	($4,164,493)
Strategic Reallocations/Reductions	$4,715,598
Carryforward/Contingency Reserve	($5,000,000)
Total Operating Expenses	($205,000,155)
Transfers
Mandatory/Non-Mandatory	($11,769,440)
Total Transfers	($11,769,440)
Nonoperating Revenues (Expenses)
State Appropriations	$50,889,814
Gift Income	$4,527,500
Investment Income	$800,000
Total Nonoperating Revenues (Expenses)	$56,217,314

Net Income (Loss)	$0

Section B: Summary of Current Expenditures

General Fund Personnel Expenditures

FY2017-18 General fund personnel expenditures graph showing $91,636,832 in earnings and wages, $20,718,258 in employee benefit costs, $5,930,835 in retirement benefits MPSERS, $6,090,109 in retirement benefits TIAA-CREF and Fidelity, and $1,805,351 in other benefit costs.

General Fund Expenditures

Fiscal year 2017-18 general fund expenditures graph showing $63,622,772 in instruction, $17,355,362 in research, $1,497,426 in public service, $23,517,556 in academic support, $8,679,503 in student service, $20,009,486 in institution support, $12,721,966 in plant operation and maintenance, $41,282,127 in financial aid, $3,346,915 in mandatory transfers, and $12,347,587 in non-mandatory transfers.

Section C: Important Links

Ci: Collective Bargaining Agreement
Cii: Health Care Benefits Plan
Ciii: Audits and Financial Reports
Civ: Campus Security Policies and Crime Statistics

Section D

Positions Funded Partially or Wholly through the General Fund

Section E

General Fund Revenue and Expenditure Projections

Section F

Debt Service Obligations

Section G

Core Community College Course Transferability Policy

The established core courses, as defined by the Michigan Transfer Agreement (MTA), will be evaluated in accordance with the University's transfer credit policy and will be used to satisfy a portion of the general education requirements. For more information, please see the Michigan Transfer Agreement page.

Section H

Community Colleges with Reverse Transfer Agreements

Gogebic Community College
Bay de Noc Community College
Delta College
Kalamazoo Valley Community College
Northwestern Michigan College

Part 2 Metrics

Students

	2015-16	2016-17	2017-18	2018-19
Undergraduate Enrollment	5,697	5,811	5,890	5,797
Graduate Enrollment	1,521	1,441	1,402	1,375
Total Enrollment	7,218	7,252	7,292	7,172
Student Retention Rate	87.1	82.8	83.2	83.6
Six-Year Graduation Rate	64.6	66.8	66.5	68.4
Number of PELL Grant Recipients	1,401	1,348	1,491	-
Graduating PELL Grant Recipients	361	368	386	-

Geographic Origin of Students

Undergraduate Students

	2015-16	2016-17	2017-18	2018-19
In-State	4,216	4,344	4,469	4,407
Out-of-State	1,242	1,281	1,279	1,277
International	239	186	142	113

Graduate Students

	2015-16	2016-17	2017-18	2018-19
In-State	354	323	325	366
Out-of-State	245	243	224	216
International	922	875	853	793

Total Students

	2015-16	2016-17	2017-18	2018-19
In-State	4,570	4,667	4,794	4,773
Out-of-State	1,487	1,524	1,503	1,493
International	1,161	1,061	995	906

Teaching

Faculty-to-Student and Employee-to-Student Ratios

	2015-16	2016-17	2017-18	2018-19
Faculty-to-Student	1:12	1:12	1:13	1:13
Employee-to-Student	1:5	1:5	1:5	1:5

Teaching Loads by Faculty Classification

Full-time instructional faculty are required to teach 12 credits per semester.

Graduation Outcome Rates

	2015-16	2016-17	2017-18	2018-19
Student Success and Progress Graduation Rate	73.6	75.0	76.0	-
Overall Placement Rate	93.2	92.0	93.0	-
Continuing Education (e.g., Graduate School)	17.6	13.0	13.3	-
Employment	72.5	76.5	78.2	-
Military Service	1.2	1.3	1.3	-
Volunteer Activity/Other (e.g., Peace Corps)	0.4	0.7	0.1	-
Survey Response Rate	73.4%	73.6%	68.0%	-
Note: All data prepared in accordance with definitions provided by the Michigan Association of State Universities' Institutional Research and Planning Directors Committee.

Section I

Programs Providing Opportunities for College Credit

Capital Outlay

Use and Finance Report

Campus Safety Transparency Reporting

Campus Safety Information