Fiscal Highlights - November 2016

USHE Data Available, More to Come - Spencer C. Pratt ( PDF)

The Utah System of Higher Education collects and organizes a significant amount of data from each of the eight USHE institutions. This includes enrollments, completions, tuition, budgets, student financial aid, staffing, salary comparisons, and space inventories. This information is published annually in the USHE Data Book and is available on line at www. higheredutah.org.
The Commissioner's office is currently working on expanding the use of this data to provide a dashboard to show the fiscal health of each institution and the system as a whole. The first phase will focus on enrollment trends, revenue, expenditures, and financial ratios. Future phases will provide additional information on tuition and fees, student debt, faculty/staff levels and salaries, and facilities.
Several of the key metrics using the data, including benchmarks to demonstrate how the institutions are performing include the following:
 Annualized Budget Related FTE Annualized Budget Related Non Resident FTE
 Retention of Full-time Students % of Part-time Students
 Average undergrad credit hours taken Diversity of Student Body
 Total Revenue per FTE Total Expenditure per FTE
 Tax Funds vs. Tuition Total Expenses vs. Total Revenue
 Tax Funds per FTE Instructional Expenses per FTE
 Academic Support per FTE Student Services Support per FTE
 Instructional Support per FTE Personal Services vs Total Expenditures
 Viability Ratio Leverage Ratio
 Primary Reserve Return on Net Assets Ratio
This project is a work in progress; the Commissioner will report back to the State Board of Regents at their meeting in January 2017.
November 2016 Content ( PDF)

Access to High Quality Schools - Hector R. Zumaeta Santiago
During the 2016 General Session, the Utah State Legislature appropriated $11 Million for 3 years (t...
An Evaluation of Tax Exceptions and Inducements - Andrea Wilko
Utah offers more than 170 exceptions to tax code and inducements to behavior change. They can be r...
An Update on Internal Service Fund Rates - Sean C. Faherty
On November 15th, the Executive Appropriations Committee heard an update on internal service funds....
As the Holidays Begin, Let's Discuss Debt Affordability - Steven M. Allred
I recently had the opportunity to attend a National Conference of State Legislatures fiscal seminar...
B&C Roads Funding May Reach $175 Million in 2017 - Thomas E. Young
The 4th Special Session of the 2016 Legislature addressed B and C Roads funding. Among the formula ...
Comprehensive Study of Career and Technical Education in Utah - Jill L.Curry
House Bill 337, Career and Technical Education Comprehensive Study (2015 General Session), created ...
FY 2018 Capital Development Rankings - Brian Wikle
As defined by UCA 63A-5-104, "capital development" means 1) a remodeling, site, or utility project ...
Justice Reinvestment Initiative (JRI): Status Report - Gary R. Syphus
During the 2015 General Session, the Legislature passed House Bill 348 commonly referred to as th...
Managing the $173 Million DCFS Budget - Clare Tobin Lence
At the October 2016 meeting of the Social Services Appropriations Subcommittee, LFA staff present...
Student Enrollment Continues to Grow - Ben Leishman
A total of 644,476 students enrolled in Utah public schools this fall. This is an increase of 10,58...
Unclaimed Property: A Pleasant Surprise - Alexander R. Wilson
The Utah State Office of the Treasurer has made significant progress over the last three years in r...
Updated Full Medicaid Expansion Cost Estimates - Russell T. Frandsen
Staff was asked to update full Medicaid expansion cost scenarios. This resulted in five changes to ...
USHE Data Available, More to Come - Spencer C. Pratt
The Utah System of Higher Education collects and organizes a significant amount of data from each o...

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Office of the Legislative Fiscal Analyst
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