70 Finance
Highlights of Financial Operations
For the Five Years Ending May 31, 2004 (Dollars in Millions)
2000
2001
2002
2003
2004
$270.2
$277.0
$290.9
$307.6
$327.1
29.1
5.0
90.7
9.5
32.0
5.1
93.1
9.1
35.0
5.5
101.9
9.4
35.3
5.3
106.1
8.8
36.2
5.1
110.0
11.2
404.5
25.2
416.3
39.5
442.7
41.8
463.1
52.1
489.6
67.4
$429.7
$455.8
$484.5
$515.2
$557.0
Instruction
Academic Support
Libraries
Research
Sponsored research
Student services
Public services
Student aid
General administration
Auxiliary enterprises
$154.3
17.7
17.2
23.0
67.7
60.1
89.7
$167.1
18.4
17.8
25.2
69.2
63.7
94.4
$177.2
18.9
19.7
26.1
74.0
68.4
100.2
$169.5
35.7
23.1
30.4
1.7
77.2
72.3
105.3
$175.4
38.0
24.2
32.0
1.8
86.0
88.2
111.4
Total expenses
$429.7
$455.8
$484.5
$515.2
$557.0
-
-
-
-
-
Operating revenues
Tuition and fees
Sponsored research and training grants
Government grants and student aid
Auxiliary enterprises
Other revenues
Total operating revenues
Non-operating assets used for operations
Total operating revenues and other support
Expenses
Excess of operating revenues over expenses
* Costs associated with the operation and maintenance of plant facilities are functionally allocated. These costs totaled $28.0, $29.7, $30.0, $33.4, and
$37.5 million for fiscal years 2000, 2001, 2002, 2003, and 2004, respectively.
** Certain amounts in fiscal year 2003 have been reclassified to conform to the 2004 presentation.
Source: Office of the Controller
Total Operating Expenses
Fiscal Year 2003-2004
Academic
Support
6.8%
Instruction
31.5%
Auxiliary
enterprises
20.0%
Research
4.3%
Student services
5.7%
Public services
0.3%
Student aid
15.4%
General
administration
15.8%