Section 245

Section A: Annual Operating Budget

FY2018-2019 General Fund Budget
Operating Revenues
Tuition and Fees	$144,211,534
Federal Grants and Contracts	$150,000
Indirect Cost Recoveries	$13,226,000
Educational Activities/Misc. Revenues	$311,852
Total Operating Revenues	$157,899,386
Operating Expenses
Staff S&W	($42,382,320)
Faculty S&W	($48,833,158)
Grad Student S&W	($4,881,036)
Undergrad Student S&W	($1,008,832)
Fringe Benefits	($36,073,270)
Supplies & Services	($15,867,149)
Scholarships	($46,303,183)
Utilities	($3,895,584)
Carryforward/Contingency Reserve	($4,800,000)
Total Operating Expenses	($204,044,533)
Transfers
Mandatory/Non-Mandatory	($9,175,207)
Total Transfers	($9,175,207)
Nonoperating Revenues (Expenses)
State Appropriations	$49,990,814
Gift Income	$4,529,540
Investment Income	$800,000
Total Nonoperating Revenues (Expenses)	$55,320,354

Net Income (Loss)	$0

Section B: Summary of Current Expenditures

General Fund Personnel Expenditures

FY2016-17 General fund personnel expenditures graph showing $88,447,918 in earnings and wages, $19,702,981 in employee benefit costs, $5,433,450 in retirement benefits MPSERS, $5,465,681 in retirement benefits TIAA-CREF and Fidelity, and $2,210,876 in other benefit costs.

General Fund Expenditures

Fiscal year 2016-17 general fund expenditures graph showing $62,395,048 in instruction, $16,968,341 in research, $1,431,055 in public service, $21,815,394 in academic support, $7,496,121 in student service, $20,983,359 in institution support, $13,589,510 in plant operation and maintenance, $38,117,134 in financial aid, $1,875,159 in mandatory transfers, and $10,117,538 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 & 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
Metric	2014-15	2015-16	2016-17	2017-18
Enrollment
Undergraduate	5,658	5,697	5,811	5,890
Graduate	1,441	1,521	1,441	1,402
Total	7,099	7,218	7,252	7,292
Student Retention Rate	85.1	87.1	82.8	83.2
Six-Year Graduation Rate	64.3	64.6	66.8	66.5
Number of PELL Grant Recipients	1,426	1,401	1,348	-
Graduating PELL Grant Recipients	432	361	368	-

Geographic Origin of Students
Student Type	2014-15	2015-16	2016-17	2017-18
Undergraduate
In-State	4,160	4,216	4,344	4,469
Out-of-State	1,232	1,242	1,281	1,279
International	266	239	186	142
Graduate
In-State	359	354	323	325
Out-of-State	255	245	243	224
International	827	922	875	853
Total
In-State	4,519	4,570	4,667	4,794
Out-of-State	1,487	1,487	1,524	1,503
International	1,093	1,161	1,061	995

Teaching
Metric	2014-15	2015-16	2016-17	2017-18
Faculty-to-Student and Employee-to-Student Ratios
Faculty-to-Student	1:13	1:12	1:12	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
Type	2014-15	2015-16	2016-17	2017-18
Student Success & Progress Graduation Rate	71.1	73.6	75.0	-
Overall Placement Rate	93.1	93.2	92.0	-
Continuing Education (e.g., Graduate School)	15.2	17.6	13.0	-
Employment	76.4	72.5	76.5	-
Military Service	1.2	1.2	1.3	-
Volunteer Activity/Other (e.g., Peace Corps)	0.3	0.4	0.7	-
Survey Response Rate	73.2%	73.4%	73.6%	-
Many of the Michigan public universities do not routinely and systematically survey all their graduating seniors to gather data for a reliable response to this metric. At present there is no common core set of questions and no consistent date for survey administration. Depending on the institution and the timing, response rates may vary. While institutions are making an effort to report the data that is available to them, care should be taken in interpreting the results.
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