Appendix G-1

■■■
Top 20 Business Plan
Key Assumptions

1. Strategies for Growth: The Business Plan’s 4. Tuition and Financial Aid:
enrollment targets are based on the recommendations of the
Top 20 Task Force. a. Baseline projection

A. Undergraduate enrollment: ■ Tuition and mandatory fees are assumed to increase at an

annual rate of four percent for all categories of students—
■ Increase by approximately 1,900 by 2012 undergraduate and graduate, resident and non-resident.
■ Increase by 6,200 by 2020 [see NOTE]. ■ The undergraduate financial aid discount rate (unrestricted
■ No increase in the number of first-time freshmen until Fall institutional aid as a percent of tuition) rises from 17% to
2008. 20% by 2012.
■ Decrease the percentage of first-year students who are
Kentucky residents from 79 percent to 75 percent by 2012. b. Funding the gap

b. Graduate and Professional enrollment and ■ Present various combinations of increases in state
Postdoctoral Appointees: appropriation and the corresponding increases in tuition
and mandatory fees to close the funding gap.
■ Increase graduate and first professional enrollments by 750; ■ For nonresident students, tuition and mandatory fees rise by
approximately 390 to be added by 2012. half the percentage amount as for resident students above 4
■ Increase funding for doctoral students to provide full tuition percent
and $15,000 stipend. ■ The formula to calculate the nonresident rate increase looks
■ Increase postdoctoral appointments by 375 by 2020. like this:

2. Full-time Faculty: The Business Plan’s faculty targets [4% + (% increase – 4%) / 2)] = Nonresident Rate Increase.
are based on the number of instructional faculty needed to
improve the undergraduate student-to-faculty ratio and the For example, if the resident tuition rate increases by 10
number of research and instructional faculty required to percent, the rate for non-residents increases by 7 percent :
achieve research goals. [4% + (10% – 4%) /2 = 7%].

a. Number of full-time faculty 5. Facility Needs. The Business Plan determines facilities
needs using the Council on Postsecondary Education’s space
■ Increase the number of full-time faculty in the model and the projected growth in students and faculty. The
undergraduate colleges by 500 by 2020. model defines standards for assignable square feet required
■ Increase will be front-loaded, i.e., the number of faculty will by category of space (e.g., classroom, recreation, support,
increase at a faster rate than student enrollments. and research laboratories).
■ Increase the number of full-time faculty in the graduate and
first professional colleges by 125 by 2020. ■ CPE’s recommended state-funded projects for UK, which
total $128 million, are included in the 2006-08 financing
b. Competitive faculty compensation - projections.
Increase faculty salaries at a rate that will eliminate the gap
between the average salary for UK faculty and the median ■ Biological / Pharmaceutical Complex, Phase II - $79.9
faculty salary at UK’s benchmark institutions by 2012. million
■ Gatton Building Complex, Phase I - $40.5 million
3. Base Budget and Inflationary Increases: The ■ Bio-Medical Research Building, Design - $7.6 million
Business Plan is based on the 2005-06 General Funds budget
approved by the Board of Trustees and includes estimated
inflationary increases in the projection of all costs. NOTE: CPE is projecting enrollment goals for all institutions
based on the Commonwealth’s achieving the national
average of educational attainment by 2020. CPE’s draft
model indicates that UK should be expected to enroll more
than an additional 10,000 undergraduate students by 2020.
 Appendix G-2
FINANCIAL PLAN SUMMARY
Cumulative Funding Required
($ Millions)
General Expense Budget
2006 2012 2020 Variance .
'06-'12 '06-'20
Faculty, including Librarians (see Appendix G-3)
Base (salaries increase 3.0% annually plus benefits) $248 $311 $395 $64 $147
Achieve Benchmark Median Compensation -- $48 $61 $48 $61
(faculty salaries increase additional 2.5% thru FY12)
Add 625 Faculty ($90k '06 salary, add 213 faculty by FY12) -- $30 $110 $30 $110
Portion of Faculty Costs to be Grant Funded (5% of new positions) -- ($1) ($6) ($1) ($6)
Sub-Total $248 $388 $560 $140 $313

Academic Support
Base: Staff Compensation (salaries increase 3.0% annually plus benefits) $170 $215 $273 $45 $102
Staff Enhancements (FY07 = $5m, increases annually at 3.0%) -- $6 $7 $6 $7
Base: Non-Compensation (operating expenses increase 2.5% annually) $110 $122 $145 $12 $35
New Faculty Start-Ups ($150k/faculty, increases 3.0% annually) -- $6 $8 $6 $8
Support for New Graduate Students (see Appendix G-4) -- $1 $2 $1 $2
Library: Books and Periodicals (increase annually at 5.0%) $8 $11 $16 $3 $8
Library: Support for New Faculty -- $2 $11 $2 $11
($9.8k/new faculty, 2005-06 Operating Budget pg 80 / 1,890)
Sub-Total $288 $363 $462 $74 $174

Undergraduate Education (2005-06 Operating Budget, pages 81, 83, 86, 89)
Base: Staff Compensation (salaries increase 3.0% annually plus benefits) $30 $37 $47 $8 $18
Base: Non-Compensation (operating expenses increase 2.5% annually) $6 $7 $8 $1 $2
Support for New Undergraduate Students (see Appendix G-4) -- $4 $16 $4 $16
Sub-Total $35 $48 $71 $12 $36

Student Aid (2005-06 Operating Budget, page 88 - see also Appendix G-5)
Graduate
Base (increase at rate of tuition) $25 $32 $43 $7 $19
Increase Stipends to Benchmark Median -- $5 $7 $5 $7
Support for 750 New Students -- $8 $20 $8 $20
Undergraduate
Base (increase at rate of tuition) $20 $26 $35 $5 $15
Increase Discount Rate (from 16.8% to 20.0% by 2012) -- $6 $9 $6 $9
Support for 6,200 New Students -- $4 $15 $4 $15
Sub-Total $45 $80 $130 $35 $85

Support Services (2005-06 Operating Budget, pages 5 and 7)

Base: Staff Compensation (salaries increase 3.0% annually plus benefits) $59 $75 $95 $15 $35
Base: Non-Compensation (increase 5.0% annually (2.5% cpi, 2.5% util./IRIS)) $33 $45 $66 $11 $33
Support for New Faculty (see Appendix G-6) -- $13 $47 $13 $47
Sub-Total $93 $132 $208 $41 $114

New Facilities (see Appendix G-7)

Operating -- $8 $16 $8 $16
Capital Renewal and Deferred Maintenance -- $13 $28 $13 $28
Debt Service -- $49 $88 $49 $88
Sub-Total $0 $70 $132 $70 $132

Hospital (revenue increases at rate of expenses) $467 $576 $710 $109 $243

Total General Fund Budget* $1,176 $1,657 $2,273 $483 $1,096

*may not total due to rounding
 Appendix G-2 [cont.]
FINANCIAL PLAN SUMMARY
Cumulative Funding Provided
($ Millions)

General Revenue Budget

2006 2012 2020 Variance .
'06-'12 '06-'20
State Appropriation (assumes no increase)
Mandated $77 $77 $77 $0 $0
Non-Mandated $229 $229 $229 $0 $0
Debt Service $8 $8 $8 $0 $0
Sub-Total $314 $314 $314 $0 $0

Tuition and Fees Revenue

Tuition Rate Increases 4.0% Annually $170 $215 $294 $45 $124
Enrollment Growth (undergraduate and graduate) $19 $82 $19 $82
Nonresident 1st-Year Undergraduates Increases to 25% by FY12 $8 $15 $8 $15
Fees (mandatory registration increases 4.0% annually, others 3.0%) $24 $30 $41 $6 $17
Sub-Total $194 $271 $432 $78 $238

Investment Return
Base (increases annually at 3.0%) $8 $9 $11 $1 $4
Additional Endowment Return Available for Business Plan $3 $11 $3 $11
Sub-Total $8 $12 $22 $5 $15

County Appropriations (increases annually at 3.0%) $12 $14 $18 $2 $6

Philanthropy
Base $1 $3 $4 $2 $3
Restricted (50% of future incremental gifts to available for business plan) -- $5 $16 $5 $16
Sub-Total $1 $8 $21 $7 $19

Contracts with KMSF, Inc. $90 $113 $141 $22 $50

(increases at same rate as salaries and operating exp., about 3.2% annually)
Research Recovery
F&A Reimbursement (grows with direct research) $17 $23 $39 $6 $22
Increase in F&A Attributable to Faculty Growth and Increased Productivity -- $9 $32 $9 $32
Sub-Total $17 $32 $71 $15 $54
Internal Reallocation (10% of all base Support Services expenses) $12 $16 $12 $16
Sales and Services (increases annually at 3.0%) $21 $25 $32 $4 $11
Budgeted Carryforwards (increases with operating expenses at 2.5%) $27 $31 $38 $4 $11
Other (increases annually at 3.0%) $26 $31 $39 $5 $13
Hospital (revenue increases at rate of expenses) $466 $575 $708 $109 $242

Total General Fund Budget* $1,176 $1,439 $1,852 $263 $676

*may not total due to rounding

 BUSINESS PLAN UNFUNDED

 Annual Funding Required $ 482 $ 1,097
 Annual Funding Provided $ 263 $ 676
 Total Unfunded or "Funding Gap" $218 $421
 Appendix G-3
PROJECTED FACULTY EXPENSES
($ Millions)
Variance
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Base Salaries
Salary Growth Rate -- 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Salary $196 $202 $208 $214 $220 $227 $234 $241 $248 $255 $263 $271 $279 $287 $296
Benefits Rate 26.5% 27.8% 30.7% 32.0% 33.3% 33.3% 33.3% 33.3% 33.3% 33.3% 33.3% 33.3% 33.3% 33.3% 33.3%
Benefits $52 $56 $64 $68 $73 $75 $78 $80 $82 $85 $87 $90 $93 $96 $98
Sub-Total $248 $258 $271 $282 $294 $302 $311 $321 $330 $340 $351 $361 $372 $383 $395 $64 $147
Benchmark Median
Additional Salary Growth -- 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% -- -- -- -- -- -- -- --
Salary -- $5 $10 $16 $22 $29 $36 $37 $38 $40 $41 $42 $43 $44 $46
Benefits -- $1 $3 $5 $7 $10 $12 $12 $13 $13 $14 $14 $14 $15 $15
Sub-Total -- $6 $13 $21 $30 $39 $48 $50 $51 $53 $54 $56 $58 $59 $61 $48 $61
Add 625 Faculty
Add New Faculty -- 27 54 82 123 168 213 260 307 358 414 468 522 576 625
Salary Growth Rate -- -- 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Average Salary ($000s) -- $90 $93 $95 $98 $101 $104 $107 $111 $114 $117 $121 $125 $128 $132
Benefits ($000s) -- $25 $28 $31 $33 $34 $35 $36 $37 $38 $39 $40 $41 $43 $44
Sub-Total -- $3 $7 $10 $16 $23 $30 $37 $45 $54 $65 $75 $87 $98 $110 $30 $110
5% Grant Funding -- ($0) ($0) ($1) ($1) ($1) ($1) ($2) ($2) ($3) ($3) ($4) ($4) ($5) ($6) ($1) ($6)
Total $248 $267 $291 $313 $338 $362 $388 $406 $425 $445 $466 $489 $512 $536 $560 $140 $313
Student Faculty Ratio (as reported to US News)
Students
Undergraduate 16,595 16,830 17,003 17,266 17,630 18,035 18,477 18,956 19,465 19,995 20,541 21,097 21,660 22,226 22,795 1,882 6,200
Graduate 2,580 2,580 2,638 2,696 2,754 2,780 2,806 2,832 2,858 2,885 2,911 2,937 2,963 2,989 3,015 226 435
Part-Time 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 1,276 0 0
Total 20,451 20,686 20,917 21,238 21,660 22,091 22,560 23,065 23,599 24,156 24,728 25,309 25,899 26,491 27,086 2,109 6,635
Instructional Faculty 1,151 1,171 1,191 1,212 1,246 1,280 1,314 1,350 1,386 1,426 1,472 1,518 1,564 1,610 1,651 163 500
Ratio 17.8 17.7 17.6 17.5 17.4 17.3 17.2 17.1 17.0 16.9 16.8 16.7 16.6 16.5 16.4
 Appendix G-4
PROJECTED ACADEMIC AND SUPPORT SERVICES FOR "NEW STUDENTS"
($ Millions)
Variance
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Student Service Budget (2005-06 Operating Budget, pages 81, 83, 86, 89)
Salaries $24.8
Benefits $6.5
Operating Exp (net recharges) $5.9
Total Budget $37.3
Undergraduates 17,107
Graduates 5,195
Total 22,302
Cost / Student ($000s)
Salary Growth Rate -- 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Salaries $1.1 $1.1 $1.2 $1.2 $1.3 $1.3 $1.3 $1.4 $1.4 $1.4 $1.5 $1.5 $1.6 $1.6 $1.7
Benefits Rate 26.4% 27.7% 30.6% 31.8% 33.1% 33.1% 33.1% 33.1% 33.1% 33.1% 33.1% 33.1% 33.1% 33.1% 33.1%
Benefits $0.3 $0.3 $0.4 $0.4 $0.4 $0.4 $0.4 $0.5 $0.5 $0.5 $0.5 $0.5 $0.5 $0.5 $0.6
Operating Exp Growth Rate -- 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%
Non-Compensation $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.3 $0.4 $0.4 $0.4
Total $1.7 $1.7 $1.8 $1.9 $2.0 $2.0 $2.1 $2.1 $2.2 $2.3 $2.3 $2.4 $2.5 $2.5 $2.6
New Graduates (cumulative) 0 100 200 300 345 390 435 480 525 570 615 660 705 750
Additional Funding Required
Salaries $0.0 $0.1 $0.2 $0.4 $0.4 $0.5 $0.6 $0.7 $0.8 $0.9 $0.9 $1.0 $1.2 $1.3
Benefits $0.0 $0.0 $0.1 $0.1 $0.1 $0.2 $0.2 $0.2 $0.3 $0.3 $0.3 $0.3 $0.4 $0.4
Non-Compensation $0.0 $0.0 $0.1 $0.1 $0.1 $0.1 $0.1 $0.2 $0.2 $0.2 $0.2 $0.2 $0.3 $0.3
Total $0.0 $0.2 $0.4 $0.6 $0.7 $0.8 $0.9 $1.1 $1.2 $1.3 $1.5 $1.6 $1.8 $2.0 $1 $2
New Undergraduates (cumulative) 235 408 671 1,035 1,440 1,882 2,361 2,870 3,400 3,946 4,502 5,065 5,631 6,200
Additional Funding Required
Salaries $0.3 $0.5 $0.8 $1.3 $1.9 $2.5 $3.2 $4.0 $4.9 $5.9 $6.9 $8.0 $9.2 $10.4
Benefits $0.1 $0.1 $0.3 $0.4 $0.6 $0.8 $1.1 $1.3 $1.6 $2.0 $2.3 $2.7 $3.0 $3.5
Non-Compensation $0.1 $0.1 $0.2 $0.3 $0.4 $0.6 $0.7 $0.9 $1.1 $1.3 $1.6 $1.8 $2.1 $2.3
Total $0.4 $0.7 $1.3 $2.0 $2.9 $3.9 $5.0 $6.3 $7.7 $9.2 $10.8 $12.5 $14.3 $16.2 $4 $16
 Appendix G-5
PROJECTED STUDENT FINANCIAL AID EXPENSE
($ Millions)
Total TA, GA, Fellows 1,296
Total Stipends '04 (Ms) $14.9
Avg Stipend (000s) $11.5
Benchmark (000s) $15.0
Difference (000s) ($3.5)
Total TA, GA, Fellows 1,296
Funding Need (Ms) $4.6
Variance
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Graduate
Tuition Growth Rate -- 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0%
Base $24.9 $25.9 $26.9 $28.0 $29.2 $30.4 $31.6 $32.9 $34.2 $35.6 $37.0 $38.5 $40.1 $41.7 $43.4 $7 $19
Median Stipends by FY12
Constant Dollars -- $0.8 $1.5 $2.3 $3.0 $3.8 $4.6 $4.6 $4.6 $4.6 $4.6 $4.6 $4.6 $4.6 $4.6
Inflation Adj. 3.0% -- $0.8 $1.6 $2.5 $3.4 $4.4 $5.4 $5.6 $5.8 $5.9 $6.1 $6.3 $6.5 $6.7 $6.9 $5 $7
Add 750 Graduates
New Students -- 0 100 200 300 345 390 435 480 525 570 615 660 705 750
Tuition Discount (100%) -- $0.0 $1.2 $2.5 $3.9 $4.6 $5.5 $6.3 $7.3 $8.3 $9.3 $10.5 $11.7 $13.0 $14.3
Stipends
Total -- $0.0 $1.5 $3.2 $4.9 $5.8 $6.8 $7.8 $8.9 $10.0 $11.2 $12.4 $13.7 $15.1 $16.5
% on General Budget -- 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%
$ on General Budget -- $0.0 $0.5 $1.1 $1.6 $1.9 $2.3 $2.6 $3.0 $3.3 $3.7 $4.1 $4.6 $5.0 $5.5
Aid on General Budget $0.0 $1.7 $3.5 $5.5 $6.6 $7.7 $8.9 $10.2 $11.6 $13.0 $14.6 $16.2 $18.0 $19.9 $8 $20
Sub-Total $24.9 $26.6 $30.2 $34.1 $38.1 $41.3 $44.7 $47.4 $50.2 $53.1 $56.2 $59.4 $62.8 $66.4 $70.2
Undergraduate
Tuition Growth Rate -- 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0% 4.0%
Base $20.3 $21.1 $21.9 $22.8 $23.7 $24.7 $25.6 $26.7 $27.7 $28.8 $30.0 $31.2 $32.4 $33.7 $35.1 $5 $15
Discount Rate -- $0.9 $1.9 $2.8 $3.7 $4.6 $5.6 $6.0 $6.4 $6.8 $7.3 $7.8 $8.3 $8.9 $9.5 $6 $9
Enrollment Growth -- 235 408 671 1,035 1,440 1,882 2,361 2,870 3,400 3,946 4,502 5,065 5,631 6,200
Enrollment Growth Aid -- $0.4 $0.8 $1.3 $2.0 $2.9 $3.8 $4.9 $6.1 $7.4 $8.7 $10.2 $11.7 $13.4 $15.2 $4 $15
Sub-Total $20.3 $22.4 $24.6 $26.9 $29.4 $32.2 $35.1 $37.6 $40.2 $43.0 $46.0 $49.2 $52.5 $56.0 $59.7
Undergrad. Tuition (exc. summer) $120 $128 $135 $143 $153 $164 $175 $188 $201 $215 $230 $246 $263 $280 $299
Discount Rate 16.8% 17.6% 18.2% 18.8% 19.3% 19.7% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0%
Total $45.1 $49.1 $54.8 $60.9 $67.5 $73.5 $79.8 $85.0 $90.4 $96.2 $102.2 $108.6 $115.3 $122.4 $129.9 $35 $85
 Appendix G-6
PROJECTED SUPPORT SERVICES FOR NEW FACULTY
($ Millions)
Support Services
Salaries $48.6
Benefits $13.5
Non-Compensation $30.5
Total Budget $92.6
Number of Faculty 1,890
Variance
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Cost / Faculty ($000s)
Salary Growth Rate -- 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Salaries $25.7 $26.5 $27.3 $28.1 $28.9 $29.8 $30.7 $31.6 $32.6 $33.6 $34.6 $35.6 $36.7 $37.8 $38.9
Benefits Rate 27.8% 29.1% 32.1% 33.5% 34.9% 34.9% 34.9% 34.9% 34.9% 34.9% 34.9% 34.9% 34.9% 34.9% 34.9%
Benefits $7.1 $7.7 $8.8 $9.4 $10.1 $10.4 $10.7 $11.0 $11.4 $11.7 $12.1 $12.4 $12.8 $13.2 $13.6
Operating Exp. Growth Rate -- 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%
Non-Compensation $16.2 $16.6 $17.0 $17.4 $17.8 $18.3 $18.7 $19.2 $19.7 $20.2 $20.7 $21.2 $21.7 $22.3 $22.8
Total $49.0 $50.8 $53.0 $54.9 $56.9 $58.5 $60.2 $61.9 $63.6 $65.4 $67.3 $69.2 $71.2 $73.2 $75.3
New Faculty (cumulative) 27 54 82 123 168 213 260 307 358 414 468 522 576 625
Additional Funding Required
Salaries $0.7 $1.5 $2.3 $3.6 $5.0 $6.5 $8.2 $10.0 $12.0 $14.3 $16.7 $19.1 $21.8 $24.3
Benefits $0.2 $0.5 $0.8 $1.2 $1.7 $2.3 $2.9 $3.5 $4.2 $5.0 $5.8 $6.7 $7.6 $8.5
Non-Compensation $0.4 $0.9 $1.4 $2.2 $3.1 $4.0 $5.0 $6.0 $7.2 $8.6 $9.9 $11.3 $12.8 $14.3
Total $1.4 $2.9 $4.5 $7.0 $9.8 $12.8 $16.1 $19.5 $23.4 $27.9 $32.4 $37.2 $42.2 $47.1 $13 $47
 Appendix G-7
FACILITY NEEDS
Cumulative
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Classrooms / Labs
ASF Needed
CPE Deficit (000's) 64
ASF Need for Growth
New Students 508 0 362 464 450 488 524 554 575 591 600 609 611 613 2,272 6,950
ASF Need per Student (CPE guidelines)
Classrooms 10 10 10 10 10 10 10 10 10 10 10 10 10 10
Teaching Labs 8 8 8 8 8 8 8 8 8 8 8 8 8 8
Open Labs 8 8 8 8 8 8 8 8 8 8 8 8 8 8
Total 26 26 26 26 26 26 26 26 26 26 26 26 26 26
ASF for Growth (000's) 13 0 9 12 12 13 14 14 15 15 16 16 16 16
Total ASF (000's) 0 77 0 9 12 12 13 14 14 15 15 16 16 16 16 123 245
Cost
ASF / 0.65 = GSF 0 119 0 14 19 18 20 21 22 23 24 24 24 24 25
Cost / GSF (full-scope) $333 $342 $353 $363 $374 $385 $397 $409 $421 $434 $447 $460 $474 $488 $503
Total Cost ($Ms) $0 $41 $0 $5 $7 $7 $8 $9 $9 $10 $11 $11 $12 $12 $12 $68 $153
Research
ASF Needed
CPE Deficit (000's) 127 438
ASF Need for Growth
Research Volume
Nominal ($Ms) 335 355 377 399 423 449 476 505 537 570 605 642 682 723 768
Inflation Factor 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.34 1.38 1.43 1.47 1.51 1.56 1.60
Real ($Ms) 316 325 335 344 355 365 376 387 399 412 424 437 451 464 479
Increment 10 10 10 11 12 12 12 13 13 13 14 14
CPE ASF Guideline per $100k Research 350 350 350 350 350 350 350 350 350 350 350 350
ASF Needed for Grouwth (000's) 35 36 37 38 40 42 43 44 46 47 48 50
Total ASF (000's) 127 0 473 36 37 38 40 42 43 44 46 47 48 50 710 1,070
Cost
ASF / 0.60 = GSF 212 0 788 59 61 63 67 69 71 74 76 78 81 83
Cost / GSF (full-scope) $400 $412 $424 $437 $450 $464 $478 $492 $507 $522 $538 $554 $570 $587 $605
Total Cost ($Ms) $88 $0 $344 $27 $28 $30 $33 $35 $37 $40 $42 $45 $47 $50 $517 $846
 Appendix G-7
FACILITY NEEDS
Cumulative
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Recreation
ASF Needed
CPE Deficit (000's) 129
ASF Need for Growth
New Undergraduates
FTE 0 0 671 364 405 443 479 509 530 546 555 564 566 568 1,882 6,200
CPE Guideline/FTE 12 12 12 12 12 12 12 12 12 12 12 12 12 12
ASF Need (000's) 0 0 8 4 5 5 6 6 6 7 7 7 7 7
New Graduates
FTE 0 0 200 100 45 45 45 45 45 45 45 45 45 45 390 750
CPE Guideline/FTE 3 3 3 3 3 3 3 3 3 3 3 3 3 3
ASF Need (000's) 0 0 1 0 0 0 0 0 0 0 0 0 0 0
New Staff
FTE (1 per 5 student fte) 0 0 174 93 90 98 105 111 115 118 120 122 122 123 454 1,390
CPE Guideline/FTE 2 2 2 2 2 2 2 2 2 2 2 2 2 2
ASF Need (000's) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
ASF for Growth (000's) 0 0 9 5 5 6 6 6 7 7 7 7 7 7 25 80
Total ASF (000's) 0 0 0 138 5 5 6 6 6 7 7 7 7 7 7 153 209
Cost
ASF / 0.75 = GSF 0 0 0 184 7 7 8 8 9 9 9 9 10 10 10
Cost / GSF (full-scope) $250 $258 $265 $273 $281 $290 $299 $307 $317 $326 $336 $346 $356 $367 $378
Total Cost ($Ms) $0 $0 $0 $50 $2 $2 $2 $3 $3 $3 $3 $3 $3 $4 $4 $56 $81
Support
ASF Need for Growth
New Faculty 0 0 82 41 45 45 47 47 51 56 54 54 54 49 213 625
Office Guideline (per faculty) 195 195 195 195 195 195 195 195 195 195 195 195 195 195
New Students 0 0 871 464 450 488 524 554 575 591 600 609 611 613 2,272 6,950
General Guideline (per student) 21 21 21 21 21 21 21 21 21 21 21 21 21 21
Total ASF (000's) 0 0 34 18 18 19 20 21 22 23 23 23 23 22 89 268
Cost
ASF / 0.65 = GSF 0 0 53 27 28 29 31 32 34 36 36 36 36 35
Cost / GSF (full-scope) $250 $258 $265 $273 $281 $290 $299 $307 $317 $326 $336 $346 $356 $367 $378
Total Cost ($Ms) $0 $0 $14 $8 $8 $9 $10 $10 $11 $12 $12 $13 $13 $13 $39 $133
 Appendix G-7
FACILITY NEEDS
Cumulative
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2012 2020
Residence Hall
New Undergraduates 0 0 671 364 405 443 479 509 530 546 555 564 566 568 1,882 6,200
New Beds for 30% Students 0 0 201 109 121 133 144 153 159 164 167 169 170 171 565 1,860
Cost per Bed ($000's) $72 $74 $76 $79 $81 $83 $86 $89 $91 $94 $97 $100 $103 $106 $109
Cost ($Ms) $0 $0 $16 $9 $10 $11 $13 $14 $15 $16 $17 $17 $18 $19 $46 $174
Renovation $7 $59 $18 $46 $49 $23 $24 $26 $26 $130 $278
Total Cost ($Ms) $7 $0 $75 $9 $28 $58 $13 $63 $15 $39 $41 $17 $43 $45 $176 $452
Financial Need ($Ms)
New Construction
Cost $0 $135 $0 $489 $52 $73 $107 $66 $121 $76 $104 $109 $90 $119 $124 $856 $1,666
Less Residence Hall $0 ($7) $0 ($75) ($9) ($28) ($58) ($13) ($63) ($15) ($39) ($41) ($17) ($43) ($45) ($176) ($452)
Less Facilities Gifts $0 ($2) ($9) ($1) ($1) ($1) ($2) ($3) ($3) ($3) ($3) ($3) ($2) ($3) ($3) ($17) ($39)
Debt Issued $0 $126 ($9) $413 $42 $44 $47 $51 $55 $58 $62 $65 $70 $73 $77 $663 $1,174
Debt Service (5%, 20yr) $0 $0 $10 $9 $43 $46 $49 $53 $57 $62 $66 $71 $77 $82 $88 $49 $88
Operating Expenses
Research ASF 0 127 0 473 36 37 38 40 42 43 44 46 47 48 50
Cost per ASF $7 $7 $7 $8 $8 $8 $8 $9 $9 $9 $9 $10 $10 $10 $11
Other ASF (x Residence) 0 77 0 181 35 35 37 40 42 44 46 46 46 46 46
Cost per ASF $4 $4 $4 $4 $5 $5 $5 $5 $5 $5 $5 $6 $6 $6 $6
Sub-Total (cumulative) $0 $0 $1 $1 $6 $6 $7 $8 $8 $9 $10 $11 $12 $13 $14
Faculty Leases
Number of Faculty 0 27 54 82 123 168 213 260 307 358 414 468 522 576 625
ASF per Faculty 195 195 195 195 195 195 195 195 195 195 195 195 195 195 195
Lease per ASF $17 $18 $18 $19 $19 $20 $20 $21 $22 $22 $23 $24 $24 $25 $26
Total (cumulative) $0 $0 $0 $0 $0 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1
Total (cumulative) $0 $0 $1 $2 $6 $7 $8 $8 $9 $10 $11 $12 $13 $14 $16 $8 $16
Restoration (2%, x Residence) $0 $0 $3 $3 $11 $12 $13 $15 $16 $18 $20 $22 $24 $26 $28 $13 $28
Total $0 $0 $14 $14 $60 $65 $70 $76 $83 $90 $97 $105 $113 $122 $132 $70 $132
 Appendix G-8
PROJECTED RESEARCH EXPENDITURES REPORTED TO NSF
($ Millions)
Annual Growth Rates Annual Growth Rates
Actual Projection '04-'12 '12-'20
2002 2003 2004 … 2012 … 2020 Base New Total Base New Total
Faculty [1] Faculty [1]
Federal 100 120 130 254 437 6.8% 1.9% 8.7% 4.5% 2.5% 7.0%
CPE Goals -- 100 114 -- 414
Gov't / Industry 48 49 52 76 131 5.0% 7.0%
Other 14 18 22 35 60 6.0% 7.0%
Sub-Total 162 187 203 365 627 7.6% 7.0%
CPE Goals -- 174 190 -- 600
Institutional 74 85 94 111 141 2.0% 3.0%
Total 236 272 298 476 768 4.7% 1.3% 6.0% 4.1% 2.1% 6.2%
New Faculty (cumulative)
Instructional 163 500
Medicine and Professional Schools 50 125
[1] Assumes new faculty split research 70% federal and 30% non-federal.