FACT SHEET: 42 Residence Halls Housing Capacity 8068 beds 35 Full Time Staff 12 Graduate Assistants 250 Resident Assistants

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2 FISCAL YEAR PLANNING FACT SHEET: 42 Residence Halls Housing Capacity 8068 beds 35 Full Time Staff 12 Graduate Assistants 250 Resident Assistants

3 FISCAL YEAR PLANNING Commitment to the Two-year Residency Requirement Support First Year and Second Year Experience Residential Living/Learning Environment is a Core Component of the OHIO Experience for the Athens Campus 8,068 Bed Capacity Provide Community and Academic Support Provide Units to meet the Development Continuum Support Enrollment Plan Support Recruitment and Retention Goals Improve Competitive Position Amongst Peers Any Renovations/New Construction should be Purposeful in Enhancing the Student Academic Experience

4 FISCAL YEAR PLANNING Capital Highlights Bush Hall Renovation $9,080,100 Bromley Hall Renovation (Phase 6) $3,498,197 Brown Hall Electrical and Fire Alarm Upgrades and Electronic Access & Video Surveillance $657,800 Upgrade/Renovate Recreation Rooms and Upgrade Walls, Flooring in the Floor Lounges of Brown/Pickering/Crawford/Mackinnon $450,000 Electronic Access (Phase 2) Pickering, Crawford, Mackinnon, and West Green residence halls $875,000

5 $3, $3, $3, $2, $2, $2, $2, $2, FISCAL YEAR PLANNING $3, $3, $2, $2, $1, $1, $ $ Room Rate Comparison Per Semester (Standard Double Rate) University Standard Double Room Term Notes: Akron $ 3, S Toledo $ 3, S Cincinnati $ 3, S Kent $ 2, S Ohio $ 2, S OSU $ 2, S Miami $ 2, S BGSU $ 2, S Akron Toledo Cincinnati Kent Ohio OSU Miami BGSU

6 $3,410 $3,137 $3,037 $3,025 $2,997 $2,704 $2,580 FISCAL YEAR PLANNING Anticipated Room Rate Comparison Per Semester University Anticipated Double Room Cost Anticipated Increase Notes Akron $3, %-5.0% $ (5%) Cincinnati $3, % OSU $3, % Max increase OHIO $3, % Kent $2, % Max increase Miami $2, % Increase for multi-occupancy room only. BGSU $2, % Toledo Unknown Unknown Not included in chart $4,000 $3,000 $2,000 $1,000 $0 Akron Cincinnati OSU OHIO Kent Miami BGSU

7 FISCAL YEAR PLANNING ROOM RATE RECOMMENDATION Annual Cost Dollar Change Single $7,176 $7,428 $252 Renovated Single $7,646 $7,914 $268 Standard Double $5,846 $6,050 $204 Renovated Double $6,228 $6,446 $218 Multi-Occupancy $5,454 $5,644 $190 Renovated Multi-Occupancy $5,810 $6,014 $204 Bromley & Adams Suites $6,628 $6,860 $232

8 FISCAL YEAR PLANNING Revenue Assumptions Room 3.5% Every 1% Room Increase = $465,750 Expense Assumptions 2.5% Wage Increase 2.0% Student Federal Minimum Wage Increase 7.0% Health Insurance Increase 2.5% Overhead Support 5.0% Utilities Increase 1.5% Employee Fee Waivers 18.58% Upgrading to HD for Cable TV ($72,000)

9 FISCAL YEAR PLANNING 3 YEAR RESIDENTIAL HOUSING PROJECTED FUND BALANCE ANALYSIS AND OPERATING PLAN FY14 (B) FY14 (F) FY15 FY16 FY17 Revenue 3.5% 3.5% 3.5% 5.3% 3.5% Room Revenue - Regular 43,620,075 45,000,000 46,575,000 49,043,475 49,901,736 Room Revenue - Summer 300, , , , ,017 Other Income (including Internal Transfers) 1,008,658 1,135,084 1,028,410 1,030,765 1,031,629 Total Revenue 44,928,733 46,585,084 48,069,160 50,564,675 51,432,382 Expenditures Total Salaries & Benefits 5,306,274 5,287,734 5,678,315 5,896,664 6,073,564 Total 3-9s 3,232,721 3,375,056 3,486,679 3,556,413 3,627,541 Total Utilities 3,226,252 3,226,252 3,367,095 3,535,450 3,712,222 Total Minor Capital 3,917,000 3,917,000 3,919,000 4,181,000 4,046,000 Total Indirects (Overhead Support)/Transfers 12,452,183 12,602,183 12,520,548 12,771,296 13,077,794 Operating Reserve 500, , , , ,000 Total Expenditures 28,634,430 28,908,225 29,471,637 30,440,823 31,037,122 Net Operating Revenue/(Expenditures) 16,294,303 17,676,859 18,597,523 20,123,852 20,395,260 Existing Debt Service 2,210,730 2,210,730 2,206,259 2,044,704 2,037,295 HDP Debt Service 3,000,000 2,807,406 3,813,950 5,037,700 8,263,413 Increase/(Decrease) to Fund Balance (from operating) 11,083,573 12,658,723 12,577,314 13,041,448 10,094,552 Major Capital Reserve Beginning Balance 22,341,890 22,341,890 23,455,413 29,771,727 41,813,175 Increase/(Decrease) to Fund Balance (from operating) 11,083,573 12,658,723 12,577,314 13,041,448 10,094,552 Major Capital Projects (3,000,000) (11,545,200) (6,261,000) (1,000,000) (3,668,000) Ending Balance 30,425,463 23,455,413 29,771,727 41,813,175 48,239,728

10 HOUSING DEVELOPMENT PLAN

11 FISCAL YEAR CAPITAL PLANNING Housing Development Plan $110 million ($100 million bond and $10 million reserves) Four new residence halls with communities of approx. 225 each Approximately 900 beds Suite style double and single rooms Open fall semester 2015 Pursuing LEED silver certification Living-Learning Amenities (classrooms, shared offices, learning commons, central housing offices and faculty/staff apartments) Campus Infrastructure Improvement Contributions Utility Infrastructure & Parking Replacement $3,700,000 Water Line Upgrade $ 300,000

12 FISCAL YEAR CAPITAL PLANNING Housing Development Plan Infrastructure Impact Campus Infrastructure Improvement Contributions (not included in the $110 million) Clippinger Electrical Sub-station $1,614,600 South Green Roadway Extension $1,010,000 TOTAL $2,624,600

13 FISCAL YEAR CAPITAL PLANNING Other Minor and Major Capital Projects Bromley Hall Final Room Renovation Phase 7 $5,000,000 Jefferson Hall Programming and Design $4,000,000 Roof Repair and Replacements $2,000,000 Demolition of New South (3 halls) $1,251,000 Minor Capital Renovations $4,417,000

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