September 23-24, 1999
January 17-18, 2002
ITEM 114-116-R0102����������������� FY02 Budget Modifications � Estimated Tuition Revenue
THAT:��������������������������������������The Board of Regents authorizes the following increases in the CHE Current Unrestricted Budgets to reflect estimated tuition revenues that exceed the level initially authorized:
$1,650,000 |
|
$�� 482,660 |
|
$�� 418,274 |
|
$�� 138,192 |
|
$�� 398,720 |
EXPLANATION:����������������������� The original CHE Current Unrestricted Operating Budgets were based upon conservative enrollment and revenue projections.� While these estimates provided sufficient authority on three campuses, it appears that five campuses will not have sufficient authority based upon updated enrollment and revenue projections.� These updated projections are based upon actual summer and fall semester enrollments and revenues and projected enrollment and revenue for spring semester.� Attached is information that details the original and updated enrollment and revenue information and also details the proposed uses of the tuition revenue.