| Table 1 |
| Summary of Proposed Changes |
| 2007-08 Budget Plan and State Appropriation
Request |
| |
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| |
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|
Educational
and
General |
|
Ag. Res.
&
Coop. Ext. |
|
College
of
Medicine |
|
PA
College of
Technology |
|
Total |
|
|
|
|
|
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|
|
| EXPENSE
CHANGES: |
|
|
|
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|
|
|
|
|
|
| |
Basic
Operating Costs: |
|
|
|
|
|
|
|
|
|
|
| |
|
Faculty and Staff Salary
Adjustments |
|
$30,628,000 |
|
$1,262,000 |
|
$1,070,000 |
|
$2,400,000 |
|
$35,360,000 |
| |
|
Benefits and Insurances |
|
23,484,000 |
|
975,000 |
|
180,000 |
|
1,725,000 |
|
26,364,000 |
| |
|
Facilities |
11,993,000 |
|
|
|
|
|
|
|
11,993,000 |
| |
|
Strategic Initiatives
and Other
Program Needs |
|
7,500,000 |
|
1,495,000 |
|
|
|
|
|
8,995,000 |
| |
|
Libraries, Computing and
Telecommunications |
|
1,300,000 |
|
|
|
|
|
|
|
1,300,000 |
| |
|
Internal
Budget Reductions |
|
(7,143,000) |
|
|
|
|
|
|
|
(7,143,000) |
| |
|
Need-Based Student Aid |
|
500,000 |
|
|
|
|
|
|
|
500,000 |
| |
|
Student
Activities |
|
1,300,000 |
|
|
|
|
|
|
|
1,300,000 |
| |
|
Penn
College Debt Service |
|
|
|
|
|
|
|
141,000 |
|
141,000 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL EXPENSE CHANGES
|
|
$69,562,000 |
|
$3,732,000 |
|
$1,250,000 |
|
$4,266,000 |
|
$78,810,000 |
| |
|
|
|
|
|
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| INCOME CHANGES: |
|
|
|
|
|
|
|
|
|
|
| |
Tuition & Fees |
|
$48,514,000 |
|
|
|
$898,000 |
|
$3,264,000 |
|
$52,676,000 |
| |
Other
Income |
|
3,450,000 |
|
|
|
352,000 |
|
|
|
3,802,000 |
| |
Requested Appropriation Increase* |
|
$17,598,000 |
|
$3,732,000 |
|
|
|
$1,002,000 |
|
$22,332,000 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL INCOME
CHANGES |
|
$69,562,000 |
|
$3,732,000 |
|
$1,250,000 |
|
$4,266,000 |
|
$78,810,000 |
| |
|
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| *
The University also is requesting an additional increase
of $963,000 in the State and Federal Medical Assistance
funding provided to the Milton S. Hershey Medical Center
through the Pennsylvania Department of Pubic Welfare.
Penn State's overall request for additional Commonwealth
support for 2007-08 totals $23,295,000. |
|