Boston College Fact Book: 1998 - 1999
Highlights of Financial Operations
For the Five Years Ending May 31, 1998 (Dollars in Millions)
Operating Revenues
Tuition and Fees
Sponsored Research & Training Grants
Government Grants & Student Aid
Auxiliary Enterprises
Other Revenues
Total Operating Revenues
Nonoperating Assets Used for Operations
Total Operating Revenues and Other Support
Expenses
Instruction
Libraries
Sponsored Research
Student Services
Student Aid
General Administration
Plant Maintenance
Auxiliary Enterprises
Other
Total Expenses
Excess of Operating Revenues Over Expenses
1994
1995
1996*
1997**
1998**
$ 185.7
14.8
3.3
73.2
5.2
$ 202.9
17.3
3.4
77.9
5.8
$ 216.6
18.6
4.1
81.5
5.8
$ 228.3
18.5
4.0
86.8
6.4
$ 239.8
19.6
4.5
87.2
7.6
282.2
307.3
326.6
344.0
358.7
17.3
20.7
18.9
12.3
14.6
$299.5
$328.0
$345.5
$356.3
$373.3
$ 95.1
10.2
7.2
12.3
38.8
35.7
17.7
67.1
9.7
$ 104.6
10.9
7.5
13.4
43.7
39.6
18.8
71.4
1.8
$ 114.0
12.1
8.2
14.8
50.4
43.1
20.3
76.3
2.7
$ 126.3
16.7
9.5
16.4
52.5
46.6
83.5
3.4
$ 131.9
17.2
10.7
17.3
57.4
51.9
85.4
0.5
$293.8
$311.7
$341.9
$354.9
$372.3
$5.7
$16.3
$3.6
$1.4
$1.0
Note: Beginning in FY1996, the format for reporting the results of operations changed from prior years. Figures for FY1994 and 1995
have been restated to conform with this change. This schedule does not include nonoperating revenues except to the extent those
revenues were used for operations, in which case they are reported as “Nonoperating Assets Used for Operations.” Nonoperating
revenues consist of gifts, investment income, and realized and unrealized gains on investments.
* FY1996 figures do not include a one-time curtailment charge of $8.3 resulting from a change in accounting for the University’s
Postretirement Health Care Plan.
** Beginning in FY1997, costs associated with the operation and maintenance of plant facilities are functionally allocated. These costs
totaled $26.1 million and $26.4 million for FY1997 and FY1998, respectively.
Source: Office of the Controller