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FY 2006 BUDGET
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Questions about the 2005-06 Budget (FY 2006)
The Budget Steering Committee is pleased to present answers to frequently asked questions about next year's budget and our budget process in general.
Introduction
Question #1: Will the overall base budget increase next year? If so, how do we plan to spend the increased revenue?
Question #2: What are the biggest pieces of next year's budget?
Question #3: Why does our comprehensive fee go up so fast? Has it been going up faster, more slowly, or the same as other schools?
Question #4: I have heard that there are some big changes in financial aid next year. Can you explain what is happening?
Question #5: Can you explain again what the tuition discount rate is? I can never keep straight whether improving this number means making it higher or lower....
Question #6: When does our fiscal year begin and end?
Question #7: Does next year's budget assume any change in the size of the student body?
Question #8: How have allocations to the functional areas of the College changed over time?
Question #9: Will all these new facilities that we are building leave us with less money in the base budget?
Question #10: Who is on the Budget Steering Committee and why?
Appendix (FY 2006 Budget as we present it)
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