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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A
AODA (ALCOHOL AND OTHER DRUG ABUSE)
Programs and staff related to alcohol and drug abuse intervention, prevention and counseling services.
ASA (ACADEMIC & STUDENT AFFAIRS)
This division includes the Provost Office; Associate Vice Chancellor’s Office; College of Arts Humanities and Social Sciences; College of Education Health & Human Services; College of Science, Technology, Engineering and Math; College of Management; Student Services; Outreach Services; Enrollment Services; Library Learning Center.
ASLS (ADMINISTRATIVE & STUDENT LIFE SERVICES)
This division includes Budget, Planning and Analysis; Business and Financial Services; Health & Safety; Human Resources; Physical Plant; Student Life Services; the University
Auditor; and the Vice Chancellor’s Office.
AIDS TO INDIVIDUALS
A budget category that includes loans to students, other student financial aid, and stipends to individuals not payrolled or registered as a student.
AUDIT
A formal, methodical examination and review of an organization’s financial situation.
AUXILIARY OPERATIONS
Self-sustaining programs, not directly related to instruction, e.g., dormitories, food service and student unions.
AVERAGE GROUP COURSE CREDITS
Credit value of group-type courses taught by instructional staff. For example, if a faculty member is teaching a course worth four credits, the faculty member would be assigned four credits for that course.
AVERAGE GROUP SECTIONS (PRIMARY)
Average group sections represent the number of primary group sections (lectures, labs, seminars, discussions); for example for a lab and lecture course, only the section listed first would be counted.
AVERAGE INDIVIDUAL SECTIONS
Student enrollments in individual (field and independent study) instructor sections.
AVERAGE INDIVIDUAL COURSE CREDITS
Credit value of individual courses taught by instructional staff.
AVERAGE STUDENT CONTACT HOURS
Reflects the time spent by instructional staff in a course and the number of students enrolled in the course (standardized to a 50-minute contact hour/16 week semester.) If a three contact hour lecture section enrolls 50 students, the total student contact hours credited to the faculty member would be 150 (3*50--assuming a 50 minute/16 week semester).
AVERAGE STUDENT CREDIT HOURS
The credit value of a course and the number of students enrolled in that course. For example, if a four-credit course enrolls 30 students, the faculty member would be assigned 120 student credit hours. This measure has generally dropped over the period of Enrollment Management.
B
BASE
Amount of funding consistent with prior year’s spending patterns excluding unique or one-time items.
BEGINNING FUND BALANCE
For self-sustaining appropriations, this is the Ending Fund Balance carried forward from the previous fiscal year.
BEGINNING WORKING BALANCE
For self-sustaining appropriations, this is the working Fund Balance carried forward from the previous fiscal year.
BIENNIUM
A period of two years.
C
CAHSS (COLLEGE OF ARTS, HUMANITIES & SOCIAL SCIENCES)
Academic college that contains the following departments: Art and Design; English and Philosophy; Social Science, Speech, Foreign language and Music.
CAPITAL
Equipment with a cost of at least $5,000 and a useful life of one year or more. Capital also includes land, vehicles, library acquisitions and improvements to facilities funded through the operating budget. Books, films, periodicals, cassettes, records, journals, and documents that will be permanent additions to the library (books purchased for department libraries are not included) are defined as capital regardless of cost.
Note: Prior to 7/1/97 capitalization criteria was a cost of at least $1,000 and a useful life of two years or more.
CATEGORICAL VARIABLE
A variable that classifies subjects into a limited number of categories. Gender is an example of a categorical variable.
CEHHS (COLLEGE OF EDUCATION, HEALTH & HUMAN SERVICES)
Academic college that contains the following departments: School of Education, Child & Family Studies Center, Food & Nutrition; Human Development & Family Studies; Physical Education; Psychology; Rehabilitation and Counseling; Stout Vocational Rehabilitation Institute (SVRI), Projects With Industry and Assistive Tech & Assessment Center.
CLASS
Salary dollars for classified employees during the fiscal year. Compensation in funds 402, 102, and 105 is included.
CO (CHANCELLOR’S OFFICE)
The Chancellor’s Office consists of the following departments: Affirmative Action Office; University Advancement; Learning & Information Technology; Senate Office; University Communications and the Chancellor’s Office.
COEFFICIENT
The regression coefficient, which is also called parameter estimate, is a number that indicates how an independent variable affects the dependent variable.
COM (COLLEGE OF MANAGEMENT)
Academic college that contains the following departments: Business, Hospitality & Tourism, Military Science, Operations & Management and Risk Control.
CONTINUOUS VARIABLE
A variable that is numeric, with equal intervals between levels of the variable. Salary is an example of a continuous variable.
COST TO CONTINUE
Funding required in future years based on decisions made in current or past year. An example includes a pay raise during the middle of the fiscal year that is ongoing in future years.
D
DEBT SERVICE
Principal and interest payments on the capital raised by selling bonds for construction of university buildings
DEFICIT (Similar to Shortfall)
Excess of expenses over revenues.
DEPENDENT VARIABLES
The focus of an analysis whose values are predicted by or “depend” on the independent or predictor variables (Vogt 1993). Changes in the independent variables are thought to affect the dependent variable.
DIN (DECISION ITEM NARRATIVES)
Descriptive summaries of biennial budget requests, submitted on forms required by the Department of Administration. They include background information and a description and justification of the request.
DUMMY VARIABLE
A variable that is used to represent the different levels of a categorical variable. A dummy variable has a value of either 0 or 1.
E
ENDING FUND BALANCE
For self-sustaining appropriations, this is the Beginning Fund Balance plus current year Revenues minus current year Expenditures.
EXPENDITURES
Payments for goods or services.
F
FISCAL YEAR
The State of Wisconsin operates on a fiscal year of July 1 through June 30, rather than on a calendar year. Accordingly, all budgetary activity must follow the same time frame.
FLOAT POSITIONS
Positions allocated over and above the authorized level. Over-allocated positions can occur at the University level if the UW System collectively is within its authorized level.
FRINGE BENEFITS
Benefits paid on behalf of the employee by the university, in whole or in part, including unemployment compensation, worker's compensation, income continuation, FICA, Medicare FICA, Health Insurance, Life Insurance, Retirement and Employee Reimbursement Account Administration.
FTE
Full-time equivalent staff data includes all legal faculty, academic staff and graduate assistants on the October payroll.
FULL TIME EQUIVALENT (FTE)
Full time equivalency for unclassified, classified or graduate assistant during a fiscal year. System Administration provides each campus with the authorized FTE level for GPR (Funds 402, 102, 104, 105, and 115)
G
GENERAL PURPOSE REVENUE AND GENERAL PROGRAM OPERATIONS (GPR & GPO)
Terms are used to denote our appropriations: 100, 102, 104, 105, 107, 109, 110, 111, 114, 115, 118, 119, 175, 402, 403 and 406. GPR being the term identifying the source of revenue.
GRAD ASSIST
Salary dollars for graduate assistants during the academic year.
I
INDEPENDENT (PREDICTOR) VARIABLE
A variable that is used to predict changes in a dependent variable, based on a change in its own value.
L
LAPSE
A one-time reduction in funding to be re-instituted during the next fiscal year.
LIMITED TERM EMPLOYEE (LTE)
A special appointment to a designated administrative position, an LTE serves at the pleasure of the authorized official who made the appointment.
LTE
Salary dollars for limited term employees during the fiscal year.
M
MODEL FIT
The variables entered and removed from the model are listed, and the following goodness-of-fit statistics are displayed: multiple R, R2 and adjusted R2, standard error of the estimate, and an analysis-of-variance table.
N
NORMAL DISTRIBUTION
A distribution of scores that when graphed produce a symmetrical, bell-shaped curve, centered around the mean (average).
P
PREDICTED VALUES
Values that the regression model predicts for each case.
PROGRAM REVENUE (PR)
Term used to identify those accounts that are self-sustaining i.e., those activities that generate their own revenue through fees, user charges, sales, etc. and thus receive no state support as such.
PROGRAM REVENUE FEDERAL (PRF)
Same as PR except that it is limited to those accounts receiving federal funds, i.e. 145, 144, 146 and 148 appropriations; also the 150 appropriation, Federal Indirect Cost Reimbursement.
R
RESERVE (UNIVERSITY SPECIAL PROJECTS FUNDS)
Flexible funds held for one-time, non-recurring expenditures or ad hoc expenditures deemed to be a university-level obligation.
REVENUE EARNED
For self-sustaining appropriations, the amount of revenue earned during the fiscal year.
REVOLVING ACCOUNT
Term used synonymous with self-sustaining and/or PR accounts. It refers to the ability of the account to carry any cash balances at the close of the fiscal year into the next year as a beginning cash balance.
R-SQUARE VALUE
An indicator of how well the model fits the data (e.g., an R-square close to 1.0 indicates that we have accounted for almost all of the variability with the variables specified in the model).
R-SQUARED CHANGE
The change in the R2 statistic that is produced by adding or deleting an independent variable. If the R2 change associated with a variable is large, that means that the variable is a good predictor of the dependent variable.
S
SALARIES AND WAGES
Payroll payments to Faculty, Academic Staff, Graduate Assistants, Classified, State Payroll Students, Work Study Students and Limited Term Employees.
SALES CREDITS
Used to record the cost of supplies and services provided by one UW-Stout department to another UW-Stout department, or a distribution of costs across activity codes for cost accounting purposes.
SCH/FTE
Student Credit Hours divided by FTE.
SERVICES AND SUPPLIES
A budget allocation for travel, services provided by non-employees, supplies, training costs, rent and lease expenditures, insurance costs, maintenance and repair costs.
SHORTFALL (Similar to Deficit)
Occurs when there isn’t enough revenue income to cover spending.
SPECIAL-AID
Financial Aids are expenses defined as fellowship, grant, scholarship, stipend and subsistence payments to students, trainees, participants and international students. It also includes federal audit dis-allowances on financial aids.
SPECIAL INTEREST
Includes selective principal and interest payments on general obligation bonds and notes. It also includes municipal services assessment which transfers funds to the Department of Administration for municipal services.
SPECIAL PURPOSE
Includes debt service payments and municipal service payments.
STANDARD DEVIATION
Standard deviation. A measure of dispersion around the mean. In a normal distribution, 68% of the cases fall within one standard deviation of the mean and 95% of the cases fall within two standard deviations. The formula for the standard deviation is very simple: it is the square root of the variance. It is the most commonly used measure of spread.
STATISTICAL SIGNIFICANCE
A judgment criterion based on the probability that a sample comes from a specific population. The number can range between 0 and 1; a low number for statistical significance indicates that the data are unlikely to be ascribable to chance.
STEM (COLLEGE OF SCIENCE, TECHNOLOGY, ENGINEERING & MATH)
Academic college that contains the following departments: Apparel & Communications Technology, Biology, Chemistry, Engineering & Technology, Mathematics, Physics, Stout Technology Transfer Inst, Center for Learning & Technical ED, Center for Innovation & Development, Economic Development, NW WI Manufacturing Outreach Center and Construction.
STUDENT TO STAFF RATIO
FTE Students divided by FTE Staff. FTE staff is based on the October payroll data, activity 02 GPR.
SUPPLIES & SERVICES
A budget allocation for travel, services provided by non-employees, supplies, training costs, rent and lease expenditures, insurance cost, maintenance and repair costs and sales credits. Sales credits are used to record payments from the sale of supplies and services furnished to another UW-Stout department.
T
TUITION REVENUE
Revenue earned through student tuition.
U
UNCLASS/SUMMER SESSION
Salary dollars for faculty or academic staff during the academic year and summer session.
UNSTANDARDIZED RESIDUALS
The actual value of the dependent variable minus the value predicted by the regression equation.
W
WEEKLY GROUP CONTACT HOURS
Reflects the actual time spent by instructional staff in the classroom in a group course setting during a week and is calculated based on the number of minutes a course meets each week and the section length (standardized to a 50 minute contact hour/16 week semester). Group sections include lectures, labs, seminars and discussions.
WEEKLY INDIVIDUAL CONTACT HOURS
Reflects the time spent by instructional staff in individual instruction including field study and independent study. Based on a survey of instructional staff as to the amount of time directly spent in their individual instruction courses.
Y
YEAR-END WORKING BALANCE
For self-sustaining appropriations, this is the Year-End Fund Balance minus Year-End Encumbrances.