Frequently Asked Questions
July 1 - June 30 is the 12-month period that is considered the University budget fiscal year.
Funding source is the revenue source that supports an activity - state-aided, revolving funds, auxiliary funds, and restricted funds.
State-aided (cost centers beginning with 41) activities are supported by state appropriations (tax dollars) and University-generated cash funds (primarily tuition income).
Revolving (cost centers beginning with 42) fund activities generate revenue such as laboratory class fees, clinic and workshop fees, music and theater productions, etc.
Auxiliary (cost centers beginning with 43) fund activities furnish goods and services to students, faculty and staff for a fee. Examples are food service, bookstore operations, and telecommunications.
Restricted funds can be either federal funds or trust funds (gifts, student loans, income from endowments, etc). Federal funds are grants or contracts.
There are four major factors or considerations as outlined in the chart below….tuition rates, state appropriation, wage rates and expenditure reductions. The Board of Regents will establish tuition rate increases at the June BOR meeting. The Appropriations Committee of the Nebraska Legislature will work on finalization of a recommended budget bill by May for full approval by the Unicameral and the Governor. With wages and benefits representing 85% of UNO’s state-aided budget, the finalization of wages for fiscal 2011-2012 will have a significant impact. The university’s budget request included a 2.5% increase in wages. Faculty at UNO and UNK are represented by collective bargaining. Finally, it is expected that expenditure reductions will be required to balance the budget. Some budget reductions may be phased-in with the help of one-time funding, such as unspent balances mentioned above.
Horizontal budget reductions are “across-the-board” changes, such as a reduction of every departmental budget by a certain percentage. Vertical budget reductions are changes that are deeper in certain departments than others. It is anticipated that all departments will participate in making budget cuts, although participation levels may vary by department.
One guideline for any necessary budget reduction will be the impact on UNO’s strategic plan. At UNO, our mission is to be a student-centered metropolitan university recognized for academic excellence and outstanding community engagement. UNO is committed to advancing these priorities even while dealing with a potentially difficult budget situation. We will attempt to shield students as much as possible from the impact of cuts.
UNO is actively working on a variety of efforts throughout the campus to look closely at our 2011-2012 and 2012-2013 budgets. Administration, deans, department leaders, faculty, staff and students are encouraged to provide input and suggestions. A Strategic Budget Advisory Committee (SBAC) has been formed and is meeting regularly to aid in this discussion and campus dialogue. The SBAC is co-chaired by Senior Vice Chancellor for Academic & Student Affairs Terry Hynes and Vice Chancellor for Business & Finance Bill Conley. Chancellor Christensen will hold campus forums as the process continues.
|June 2010||BOR approve biennial budget request for 2011-12 & 2012-13|
|September 2010||Biennial request to Governor|
|January 2011||Governor announces 2011-12 & 2012-13 budget|
|February 2011||Appropriations Committee introduces budget bill in Unicameral|
|May 2011||Legislature & Governor enact 2011-12 & 2012-13 State of Nebraska Budget|
|June 2011||BOR approve 2011-12 tuition rates & operating budget|
|June 2012||BOR approve 2013-13 tuition rates & operating budget|
You can submit your comment, suggestion or question to the Strategic Budget Advisory Committee by clicking here.
Here is a link to the UNO Budget office with information on the specifics of budgeting at UNO, additional FAQs and contact information: http://www.unomaha.edu/budget/index.php.