TAF Budget Overview for FY23/24
This is an overview of the TAF budget for the Fiscal Year 2023/2024. The purpose is to help faculty, staff, and students understand how TAF fees are used across campus.
This budget outline is based on enrollment estimates given to the committee in March 2023. These estimates do not take into consideration how the situation caused by the pandemic may affect enrollment and the TAF budget. As newer estimates are provided, this outline will be updated.
| Campus estimates | Combined estimated budget | ||
|---|---|---|---|
| Main Campus | Fort Campbell | MC + FC | |
| Estimated budget | $1,600,000.00 | $200,000.00 | $1,800,000.00 |
| Office of Information Technology - 55% | $880,000.00 | $110,000.00 | $990,000.00 |
| Remaining - 45% | $720,000.00 | $90,000.00 | $810,000.00 |
The Remaining category is broken down into several core sub-categories.
| Campus estimates | Combined estimated budget | ||
|---|---|---|---|
| Main Campus | Fort Campbell | MC + FC | |
| Remaining Total | $872,209.91 | $113,080.69 | $985,290.60 |
| Reoccurring software licenses | $290,287.00 | $34,071.00 | $324,358.00 |
| Student lab workers | $98,600.00 | $12,000.00 | $110,600.00 |
| Lab operating | $45,600.00 | $5,000.00 | $50,600.00 |
| Miscellaneous | $310,362.00 | $34,638.00 | $345,000.00 |
| TAF proposals | $127,360.91 | $27,371.69 | $154,732.60 |
Notes
- IT receives 55% of the total TAF budget. This portion is managed by IT and is used to fund projects such as lab refreshes, technology in classrooms, etc.
- Reoccurring software licenses were previously funded through the proposal process. The committee realized that these proposals were both expected and required to be funded, otherwise programs would be negatively impacted. These software items were identified and moved to this category and are now automatically funded, pending an annual review of each item.
- Miscellaneous includes items such as funding for databases purchased by the Library, Distance Education software licensing, etc.
- TAF Funds collected at Fort Campbell are required to be used at Fort Campbell, and cannot be used on the Main Campus.