The State and Tuition Fund The main drivers in this fund are student enrollment, wage-and-benefit increases, and maintaining reasonable student centered services and instructor-to-student ratios. Enrollment targets were the product of the strategic enrollment management plan. The most significant risk to this forecast is hitting these enrollment targets, as well as the lack of predictability of the state allotment, which is subject to the legislative process. State and Tuition Fund Forecast
Clearly, the enrollment forecast for this fund is sufficient to sustain operations over the next six years; however, hitting the targets set by the SEM plan will be no easy feat, so there is considerable risk in assuming they will be achieved. In addition, we may then run into potential capacity restraints, at least on the Ellensburg campus beyond FY 2025, which would require costly infrastructure development, for both residential and instructional facilities. So, if we assume that the total enrollment of nearly 15,000 students represents the maximum growth potential, the only vehicle for revenue growth will be tuition rates or state allotment increases, both which are unlikely at this point. Under this scenario, where enrollment flattens out after FY 2025, the revenue and expense projections cross somewhere around FY 2030.
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