Oakdale Campus Budget Narrative

The Oakdale Campus budget outlines the distribution of appropriations and other income components to the University of Iowa for the operation of the Oakdale Campus.  Budget decisions were made in accordance with goals and objectives set forth in the University Strategic Plan.  The Oakdale Campus budget is designed to provide a working environment to stimulate research, outreach, and support activities on the Oakdale Campus.  This budget supports significant building, utility and maintenance costs associated with space occupied by the State Hygienic Lab, the Technology Innovation Center, and specialized research facilities.

REVENUE

State appropriations for FY 2018 were unchanged from FY 2017 levels.  Other income is projected to decrease by $215,558. Other income includes $299,442 in reimbursed indirect costs, $5,000 in revenue predicted from interest earnings and $75,000 in rental income.  The total Oakdale Campus budgeted revenue for FY 2018 is $2,566,000.

EXPENDITURES

Salaries:  Salaries for Operations and Maintenance in the Oakdale Campus include Building Maintenance, Landscape Services, Custodial Services and Utilities.  Overall salaries and benefits are estimated at $1,588,440 in FY 2018.  Increases in salary and fringe of $151,911 in FY 2018 were offset by efficiency gains and cost re-alignment between labor and general expenses in the upcoming year.

Utilities:  The utility general expense budget supported by the Oakdale Campus fund is estimated to increase by $6,100 in FY 2018.  Increased utility costs were offset by an increase in the GEF Oakdale subsidy budget.  This subsidy adjustment amount of $300,000 coupled with other reductions lowered the overall utility general expenses to $469,200 in FY 2018.

Supplies/Rentals:  Supplies and services expenses includes equipment, materials and services that are required to maintain an environment to conduct research.  These supplies and services are primarily used in the Building Maintenance, Landscape Services and Custodial Services operations.  In FY 2017, this budget was $200,150.  A re-alignment between labor and general expenses was transferred in an effort to cover appropriate equipment and materials costs used in the daily operations.  The FY 2018 Supplies and Services budget is estimated at $508,360.