Impact on Other Operating Funds Local General Fund Group
This fund group generates most of its revenues from student fees, either in the form of summer fees or mandatory, voluntary, or course fees. Summer 2018 was significantly more successful than in prior years, and revenues beat expectations by approximately 10 percent. This was due to higher than expected headcount, which may be attributed to an optimized schedule and more attractive offerings. A change in the allowable use of PELL grants during the summer session also supported increased enrollment. This successful summer session will provide some needed funding to the Responsibility Centers (colleges). The balance of the activity is generally driven by student headcount, which is fairly flat, and so we expect the favorable impact of summer session to be the only notable difference between our original budget and the current, full-year forecast. Enterprise Fund Group Headcount is the major contributor to success for the Enterprise fund group (Housing, Dining, Parking, Bookstore). Housing opened at capacity for the second year in a row, due to a large first-year class and more returning students (sophomores, juniors, seniors). The Ellensburg housing market is still extremely tight, so even the additional 100 beds created by reconfiguring singles to doubles are occupied. The additional 54 students in the housing system will have an overall positive impact on total revenues with little marginal cost, potentially $300,000-$400,000. Student Activities Fund Group The majority of the revenue activity in this fund group is from mandatory fees, most of which are tied to bond payments for the SUB and REC facilities. Headcount is the major driver with some influence from student course-load. As headcount is up only 56 students, we expect this fund group revenue to be just slightly ahead of budget – perhaps $125,000 for the full year. Total Enrollment Details The enrollments discussed so far have been a sub-set of total enrollment. Budget forecast generally relies on tuition-generating, degree-seeking graduate and undergraduate students. CWU, however, has other categories of students as well. Following is a standardized, comprehensive review of students by type and service campus prepared by our Institutional Effectiveness team.
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