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Financial sustainability for the university
 

Financial sustainability for the university

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    Financial sustainability for the university Financial sustainability for the university Presentation Transcript

      • FINANCIAL SUSTAINABILITY FOR THE UNIVERSITY
      • A Blueprint for U.P. Manila
      • By
      • Prof. Roland G. Simbulan *
      • Professor 12 in Development Studies and Public Management College of Arts & Sciences, U.P. Manila
      • *former Vice Chancellor for Planning and Development, U.P. Manila
      •     *former Faculty Regent, U.P. Board of Regents, U.P. System
    • COMPARISON OF U.P. SYSTEM BUDGET FOR 2011 AND 2010 BY EXPENSE CLASS (IN THOUSAND PESOS) Source: U.P. System Office of the Vice President for Planning and Finance CY 2011 PS MOOE CO TOTAL CUs 3,782,634 576,935   0 4,359,569 PGH 1,089,211  303,188 0 1,392,399 TOTAL 4,871,845  880,123  0  5,751,968 CY 2010 PS MOOE CO TOTAL CUs 3,323,262 628,361 1,233,435 5,185,058 PGH 952,272  729,971 49,500 1,731,743 TOTAL 4,275,534  1,358,332 1,282,935 6,916,801 DIFFERENCE 596,311 (478,209)   (1,282,935) (1,164,833) %Increase (Decrease) 13.9% -35.2%  -100.0% -16.8%
    • SOURCES OF U.P. SYSTEM FUNDS
      • 1. GENERAL FUND (GF)
      • The annual government subsidy used to finance the basic operations of the U.P. System
      • 2. REVENUE/REVOLVING FUND (RF)
      • Budget derived from income earned by the U.P. System and the CUs, and available for expenditure under E.O. 714. This includes income from interest income, rental income, tuition, hospital fees, legal research fees, fees from residence halls, dorms, income from other auxiliary services and other miscellaneous sources
      • 3. TRUST FUNDS
      • Funds which have come officially into the possession of U.P. Manila as trustee, agent, or administrator, or which have been received for the fulfilment of an obligation
    • U.P. Manila Academic Units and PGH : 2011 Current Operating Expenditures by Source (General Fund & Revolving Fund ) Source: UPM Budget Office General Fund Revolving Fund U.P. Manila Academic Units including Central Administration:  P 502.8 Million P  81.6 Million Philippine General Hospital: P1.392 Billion P 539.5 Million
    • Strategies and Action Plans for the University's Financial Sustainability
      • 1. All year-round aggressive lobbying for increased State Investment for U.P. and public education in general, since we should maintain the PUBLIC CHARACTER OF U.P. AS A NATIONAL, PREMIER, STATE UNIVERSITY UNDER THE 2008 U.P. CHARTER.
      • 2. "Sticking to one's knitting" and "back to the basics" in the focus of academic units which should concentrate on their areas of competence and not be drawn into activities such as basic education skills training, community service, etc. that dissipate the University's energies and resources. Academic units are not in the business of community service. Let PGH be the service unit of U.P. Manila.
      • 3. Discourage proliferation of overlapping programs; encourage programs that can integrate disciplines, pull resources together across units or offer integrated programs that capture the richness and uniqueness of our culture and interrelated elements.
    • Strategies and Action Plans for the University's Financial Sustainability
      • 4. Improve administrative efficiency, cut down on resource wastage.
      • 5. Interdisciplinary cooperation to produce as output instructional materials and multi-media content that can be patented, copyrighted to generate income in a globalized academic environment.
      • 6. Creation and strengthening of a Publications Office for U.P. Manila to disseminate scholarship, and aggressive marketing of UPM copyrighted material.
      • 7. Strengthen networking with global philanthropic foundations.
      • 8. Funds from Alumni and Friends of U.P. Manila.
      • 9. Business Center/ Office Concept for UPM Memorabilia, souvenirs, etc..