FLORIDA ATLANTIC UNIVERSITY
2008-09 UNIVERSITY OPERATING BUDGET
JULY 1, 2008 TO MARCH 31, 2009
THIRD QUARTER REPORT

Educational and General Operating Budget

Student Financial Aid Operating Budget

Grants and Contracts-Sponsored Research Operating Budget

Auxiliary Enterprises Operating Budget

Athletics Local Operating Budget

Student Government-Student Activities Operating Budget

Concessions Operating Budget
1
THE EDUCATIONAL AND GENERAL BUDGET
The Educational and General budget includes expenditures for
instruction, research, library and learning resources, student services,
plant operations and maintenance and administrative support. The
budget is funded by:
General Revenue, consisting primarily of State of Florida sales tax
collections and corporate income tax collections, as well as license fees
and other taxes and operating receipts.
Education Enhancement Trust Fund, consisting of collections from the
sale of Florida lottery tickets. Approximately 31 percent of total lottery
collections is dedicated to the trust fund.
Student Fee Trust Fund, consisting primarily of matriculation fees and
tuition (out-of-state fees) paid by students, as well as other fees such as
application and late registration fees.
2
Florida Atlantic University
Educational and General Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$270,000,000
$260,000,000
$250,000,000
$240,000,000
$230,000,000
$220,000,000
$210,000,000
$200,000,000
$190,000,000
$180,000,000
$170,000,000
$160,000,000
$150,000,000
$140,000,000
$130,000,000
$120,000,000
$110,000,000
$100,000,000
$90,000,000
$80,000,000
$70,000,000
$60,000,000
$50,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$-
Student Fees
$ 77,994,024
Student Fees
$ 77,994,024
Lottery
$ 16,632,794
Lottery
$ 15,967,482
Student Fees
$ 68,030,816
$ 253,223,501
$ 249,374,143
Lottery $ 4,315,632
General Revenue
$ 162,049,309
$ 174,042,769
General Revenue
$ 166,563,979
General Revenue
$ 123,365,363
R e v e nue
B udge t 2 0 0 8 - 0 9
$ 2 5 6 ,6 7 6 ,12 7
E xpe ndit ure
B udge t 2 0 0 8 - 0 9
$ 2 4 9 ,3 7 4 ,14 3
R e v e nue
E xpe ndit ure s
P ro je c t e d R e v e nue
P ro je c t e d
3 rd Q ua rt e r 2 0 0 8 - 0 9 3 rd Q ua rt e r 2 0 0 8 - 0 9
2008-09
E xpe ndit ure s 2 0 0 8 $ 2 6 0 ,5 2 5 ,4 8 5
09
$ 19 5 ,7 11,8 11
$ 17 4 ,0 4 2 ,7 6 9
$ 2 5 3 ,2 2 3 ,5 0 1
3
Educational and General Operating Budget
July 1, 2008 to March 31, 2009
Adjusted Budgeted Revenues 2008-09: $260,525,485
Actual Revenues to March 31: $195,711,811
Adjusted Budgeted Expenses 2008-09: $253,223,501
Actual Expenses to March 31: $174,042,769
The total original budgeted revenue for 2008-09 was $256,676,127. The major revenue components were
general revenue ($162,049,309), student fees ($77,994,024), and lottery funding ($16,632,794). The revenue
budget has been revised to $260,525,485 to reflect the following additions and reductions, a net change of
$3,849,358.
Earlier this year, a grant from the State of Florida entitled the Florida Energy Systems Consortium was awarded
to FAU in August 2008. One of five universities in the consortium, FAU has received a total of $8,750,000 in 200809. Also reflected in our revenue is the salary portion of the Clearwire funding ($1,745,623), a net adjustment to
life insurance funding ($388,966) and a small risk management amendment from the State of Florida ($41,722).
In addition and of particular significance is the Special Session C budget reduction of $7,076,953 that reflects a
decrease in the FAU General Revenue and Lottery allocations by 4%. This reduction was signed by Governor
Crist in the early part of January 2009. In preparation for this reduction, FAU reserved nearly $4.3 Million to
respond to this 4% reduction – the remainder will be covered by cash surpluses. Thus, for the third quarter
actual collections include general revenue of $123,365,363, student fees of $68,030,816 and lottery funding of
$4,315,632 for total revenue of $195,711,811. With these adjustments, the total projected revenues now total
$260,525,485.
The total original expense budget 2008-09 was $249,374,143 but was revised to reflect the changes mentioned
above. In addition, the revised expenditure budget of $253,223,501 reflects $7,301,984 in student fee budget
authority held in unallocated reserve. A portion of this ($1,900,000) is a cash reserve which was set aside in
anticipation of further budget reductions by the State of Florida. This amount is part of FAU’s reduction mention
above. The remainder - $5,401, 984 – is not a cash reserve, but rather authority to spend if cash is received. As
with the new funds adjustments to the revenue budget, equivalent adjustments have been made to the
expenditure budget.
Expenditures through the third quarter were $174,042,769; approximately 69 percent of the total projected
budget amount. Total expenditures are consistent with the spending rate of the previous year of approximately
70 percent in 2007-08. This is due largely to campus-wide spending restraints attributable to responsible
management given the State economic exigencies.
4
Educational and General Operating Budget
Analysis and Update on State of Florida Budget:
The Educational and General figures presented in this document reflect initial
budgets approved by the Board of Trustees in June with additional funding awarded
throughout the year for the Florida Energy Systems Consortium, the Clearwire
funding, a small amendment to our risk management receipts, health insurance
allocations and most notably, a mid-year reduction signed into law in January 2009
of $7,076,953.
Overall enrollment is down slightly based on annual projections. Summer enrollment
fell short of the budgeted projections by 7,493 student credit hours (-7.62%); Fall
semester enrollment was up slightly by 686 credit hours over budgeted projections;
Spring is estimated to fall short by 3,217 credit hours (or -1.3%). We expect that we
may end the fiscal year down by 1.69 percent in actual credit hours. Fall 2008
headcount is 26,897, just over a 1% increase over Fall 2007 headcount of 26,525.
For 2009-10, we will need to identify the recurring funds to cover not only this year’s
reduction of 4% but additional reductions that the State of Florida has imposed. At
this time, the amount for which we need to prepare in terms of additional budget
cuts to our General Revenue and Lottery allocations totals $27 million. This
reduction will be partially offset by stimulus funds and tuition increases.
5
THE STUDENT FINANCIAL AID BUDGET
The Student Financial Aid budget largely represents scholarship
and loan funds that are received by the University and
subsequently disbursed to students. Included in the budget are
funding from student financial aid fees as well as financial aid
support from all sources such as federal financial aid awards
(Pell, Student Educational Opportunity Grants, Perkins Loans,
Stafford Loans), state financial aid awards (Bright Futures, Florida
Assistance Grants), Institutional Programs (Presidential Awards,
MLK Scholarships) and Private Scholarships (FAU Foundation).
Student financial aid fees are established by the legislature.
Current per-credit hour financial aid fees for 2008-09:
$ 4.02
$25.87
$11.15
$41.89
Undergraduate In-State
Undergraduate Out-of-State
Graduate In-State
Graduate Out-of-State
6
Florida Atlantic University
Student Financial Aid Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$130,000,000
$120,000,000
$110,000,000
$100,000,000
$90,000,000
$80,000,000
$70,000,000
$118,685,369
$60,000,000
$50,000,000
$112,685,369 $112,411,000 $112,438,080
$118,411,000
$112,325,695
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$0
Revenue Budget
2008-09
Expenditure Budget
2008-09
Revenue 3rd Quarter
2008-09
Expenditure 3rd
Quarter 2008-09
Projected Revenue
Budget 2008-09
Projected
Expenditures 2008-09
7
Student Financial Aid Operating Budget
July 1, 2008 to March 31, 2009
Adjusted Budgeted Revenues 2008-09: $118,685,369
Actual Revenues to March 31: $112,438,080
Adjusted Budgeted Expenses 2008-09: $118,411,000
Actual Expenses to March 31: $112,325,695
The original total budgeted revenue for 2008-09 was $112,685,369. As of
March 31, 2009, $112,438,080 in revenue has been generated, or nearly
100 percent the total revenue budget. Total projected expenditures for
the year were approved at $112,411,000. As of March 31, 2009,
$112,325,695 has been expended, or nearly 100 percent of total
projected expenditures for the year.
Analysis:
The amount of expenditures to date for 2008-09 is 100 percent of the total
budgeted expenditures compared to 79 percent spent in the prior year.
Revenues and expenditures will exceed projections due to an unexpected
Spring increase in Pell Grants and State Stafford Loans. A budget
amendment to add $6 million to both revenue and expense is
recommended to accommodate this increase.
8
THE GRANTS AND CONTRACTS BUDGET
The Grants and Contracts budget consists of funding from
federal agencies, state agencies, foundations and private
sources that enables the University to conduct specific
research projects or to provide specific services.
Expenditures for the Division of Sponsored Research, the A.D.
Henderson University School and the Florida Atlantic University
Foundation (payroll and clearing account) are included in the
Grants & Contracts budget. Beginning this fiscal year, Harbor
Branch Oceanographic Institute research activity is included in
this analysis and represents just over $8 Million in fund activity.
9
Florida Atlantic University
Grants and Contracts Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$70,000,000
$65,000,000
$60,000,000
$55,000,000
$50,000,000
$45,000,000
$66,775,144
$64,980,353
$40,000,000
$59,787,826
$43,547,761
$35,000,000
$57,993,035
$39,028,582
$30,000,000
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$0
Revenue Budget
2008-09
Expenditure Budget
2008-09
Revenue 3rd Quarter
2008-09
Expenditure 3rd
Quarter 2008-09
Projected Revenue
Budget 2008-09
Projected
Expenditures 2008-09
10
Grants and Contracts Operating Budget
July 1, 2008 to March 31, 2009
Adjusted Budgeted Revenues 2008-09: $61,775,144
Actual Revenues to March 31: $43,547,761
Adjusted Budgeted Expenses 2008-09: $59,980,353
Actual Expenses to March 31: $39,028,582
The original total budgeted revenue for 2008-09 was $66,775,144 and budgeted expenses were
$64,980,353. Original total budgeted expenditures are comprised of Sponsored Research
($50,000,000), FAU Foundation, Inc ($9,893,848) and A. D. Henderson University School
($5,099,187). As of March 31, 2009, $43,547,761 in revenue has been generated, approximately
65 percent of the budgeted amount and $39,028,582 has been expended, or approximately 60
percent of the total expenditure budget. Due to actual activity as of the third quarter, we
anticipate ending the fiscal year with adjusted revenues of $61,775,144 and expenses of
$59,980,353.
Of the total expenditures to date, salaries and benefits equal $17,886,056 (46 percent of total
expenditures); OPS is $4,868,304 (12 percent); and expense is $16,274,222 (42 percent).
Analysis:
Total expenditures to date are above last year’s figure by $2,236,315, or approximately 6 percent.
Third quarter actual revenues of $43,547,761 are above 2007-08 figures representing an increase
of 22 percent. This increase can be attributable to an infusion of $3,500,000 into the budget by
Clearwire funds use for the strategic enhancement of our research enterprise.
Revenue is not earned evenly over the course of the fiscal year. For example, two of the primary
sources of award funds, National Institute of Health and National Science Foundation, make their
award announcements in November and April. Some grant awards are cost reimbursable and at
times expenditures will be higher than collections of offsetting revenues.
11
THE AUXILIARY ENTERPRISES BUDGET
The Auxiliary Enterprises budget includes activities that support the
instructional, research and service objectives of the University. Auxiliary
enterprise operations are self-supporting and must generate adequate
revenue to cover expenditures and to allow for future renovations and
building or equipment replacement. Some auxiliaries are partially funded
by student fees, including Student Health Center through the student
health fee ($7.50 per-credit hour) and Traffic and Parking through the
transportation access fee.
The major auxiliary areas are:
Food Service
Housing
Bookstore
Printing/Duplicating
Telecommunications
University Theatre
Harbor Branch
Oceanographic Institute
Postal Services
Student Health Center
Traffic and Parking
Student Union
College Continuing Education
Lifelong Learning Society
Clearwire Spectrum Holdings
12
Florida Atlantic University
Auxiliary Enterprises Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$95,000,000
$90,000,000
$85,000,000
$80,000,000
$75,000,000
$70,000,000
$65,000,000
$60,000,000
$91,783,954
$55,000,000
$87,954,295
$50,000,000
$45,000,000
$77,925,362
$74,095,703
$74,621,477
$40,000,000
$54,208,272
$35,000,000
$30,000,000
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$0
Revenue Budget
2008-09
Expenditure Budget
2008-09
Revenue 3rd Quarter
2008-09
Expenditure 3rd
Quarter 2008-09
Projected Revenue
Budget 2008-09
Projected
Expenditures 2008-09
13
Auxiliary Enterprises Operating Budget
July 1, 2008 to March 31, 2009
Adjusted Budgeted Revenues 2008-09: $91,783,954
Actual Revenues to March 31: $74,621,477
Adjusted Budgeted Expenses 2008-09: $87,954,295
Actual Expenses to March 31:
$54,208,272
The total original budgeted revenue for 2008-09 is $77,925,362. With the
Clearwire funds, the adjusted total revenue increased to $91,783,954. As of March
31, 2009, $74,621,477 in revenue has been generated, or approximately 81 percent
of the total budget. Total projected expenditures for the year are $87,954,295. As
of the end of third quarter $54,208,272 has been expended, or approximately 62
percent of total projected expenditures for the year.
Analysis:
The expenditures to date for 2008-09 are slightly lower than the percentage spent
in the prior year (62 percent for 2008-09 compared to 64 percent for 2007-08).
Revenues and expenditures for the year are believed to be on target with
projections.
14
THE ATHLETICS LOCAL OPERATING BUDGET
The Athletics Local Operating Budget supports the University’s
student athletics program. Funding is generated from student
athletics fees ($13.75 per-credit hour) as well as ticket sales to
athletics events, game guarantees, NCAA distributions, sponsorships
and private support.
In addition to the Local Operating Budget, FAU Athletics receives
$247,246 in State Educational and General Title IX Gender Equity
funding and $1,076,569 in out-of-state waiver authority and financial
aid.
15
Florida Atlantic University
Athletics Local Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$14,000,000
$13,000,000
$12,000,000
$11,000,000
$10,000,000
$9,000,000
$13,477,618
$8,000,000
$7,000,000
$13,015,662
$13,477,617
$13,015,661
$10,730,457
$6,000,000
$11,277,991
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0
Revenue Budget
2008-09
Expenditure Budget
2008-09
Revenue 3rd Quarter
2008-09
Expenditure 3rd
Quarter 2008-09
Projected Revenue
Budget 2008-09
Projected
Expenditures 2008-09
16
Athletics Local Operating Budget
July 1, 2008 to March 31, 2009
Adjusted Budgeted Revenues 2008-09: $13,477,618
Actual Revenues to March 31: $10,730,457
Adjusted Budgeted Expenses 2008-09: $13,477,617
Actual Expenses to March 31:
$11,277,991
The total original budgeted revenue for 2008-09 is $13,015,662. The major revenue
components are athletics fees ($7,808,501), ticket sales ($423,500), game guarantees
($1,837,000), NCAA/Conference distribution ($703,000), corporate sales/sponsorships
($500,000), private fundraising ($1,000,000) and other revenues ($743,660). A budget
amendment to increase revenues and expenses by $350,000 was approved earlier in the year
to account for the revenues and expenditures associated with FAU’S participation in our
second consecutive bowl game on December 26, 2008 - the Detroit Motor City Bowl. In
addition, the revenue and expense budgets were amended to include a small amount from
Clearwire funding ($69,955) and payment for hosting a major track and field event ($42,000).
As of March 31, collections consisted of athletics fees of $7,481,036, ticket sales of $606,951,
NCAA Grants in Aid of $616,502, facilities rentals of $61,898, game guarantees $1,721,370 and
other revenue of $242,700.
The total expense budget for 2008-09 is $13,477,617. Payroll of $5,325,345, program
operating expenses of $5,384,087, and scholarships of $2,726,185 account for this total. Total
expenditures through March 31, 2009 were $11,277,991, or approximately 84 percent of the
total budgeted amount. Of total expenditures to date, 27 percent ($3,053,957) were financial
aid disbursements and 34 percent ($3,781,222) were payroll.
In addition to the local operating budget, FAU receives $247,236 in State Educational and
General Title IX Gender Equity funding and $1,076,569 in out-of-state waiver authority and
financial aid.
17
Athletics Local Operating Budget
July 1, 2008 to March 31, 2009
Analysis:
Athletic fee collections are projected to exceed their targeted amounts.
Athletics fees were conservatively estimated at $247,858 below last
year’s projections (3 percent decline) but it is expected that actual
athletic fee collections will exceed the budget by about $300,000.
Ticket revenues are in-line with projections ($340,106). Game guarantees
revenues are expected to be achieved. The unfortunate state of the
national economy has led to a decline in development and corporate
sales activity (sponsorships). Actual revenues for both of these areas are
below projections at this time and are being closely monitored. Athletics
has begun to address some of this downturn by planning for a reduction
of expenditures in areas such as salaries, personnel services and
expenses.
Regular meetings are on-going to monitor revenues and expenditures of
Athletics.
18
THE STUDENT GOVERNMENTSTUDENT ACTIVITIES BUDGET
The Student Government-Student Activities budget supports student
activities such as student government and student clubs and
organizations. Also included in the budget are expenditures for the
University Center and campus recreation and student wellness
activities.
The Student Government budget is funded primarily through the
Activity and Service fee paid by students ($10 per credit hour) as well
as other types of service fees.
19
Florida Atlantic University
Student Government – Student Activities Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$7,500,000
$7,000,000
$6,500,000
$6,000,000
$5,500,000
$5,000,000
$4,500,000
$4,000,000
$7,291,622
$3,500,000
$3,000,000
$2,500,000
$6,194,924
$5,397,834
$3,608,107
$6,194,924
$6,291,622
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
Revenue Budget
2008-09
Expenditure Budget Revenue 3rd Quarter
2008-09
2008-09
Expenditure 3rd
Quarter 2008-09
Projected Revenue
Projected
Budget 2008-09
Expenditures 2008-09
20
Student GovernmentStudent Activities Operating Budget
July 1, 2008 to March 31, 2009
Original Budgeted Revenues 2008-09: $6,194,924
Actual Revenues to March 31: $5,397,834
Adjusted Budgeted Expenses 2008-09: $6,291,622
Actual Expenses to March 31: $3,608,107
The total budgeted revenue for 2008-09 is $6,194,924. As of March 31, 2009,
$5,397,834 in revenue has been generated, or approximately 87 percent of the total
projected revenue budget. These funds have been generated primarily by Activity
and Service fees. The original total projected expenditures for the year were
estimated at $7,291,622. To date, however, only $3,608,107 has been expended
(approximately 49 percent of total projected expenditures for the year) therefore an
adjustment to reflect this low expenditure rate is recommended.
Analysis:
The expenditures to date for 2008-09 are lower than the percentage spent in the prior
year (49 percent for 2008-09 compared to 57 percent for 2007-08). This is the result
of prudent fiscal planning and spending by the Student Government in preparation for
a static enrollment projection.
21
THE CONCESSIONS BUDGET
The Concessions Budget consists of funds from concession
operations such as soft drink and snack vending machines.
Expenditures from these funds support the academic mission of the
University.
22
Florida Atlantic University
Concessions Operating Budget
July 1, 2008 – March 31, 2009
Third Quarter Report
$700,000
$650,000
$600,000
$550,000
$500,000
$450,000
$400,000
$300,000
$650,000
$650,000
$350,000
$575,000
$375,985
$250,000
$451,495
$575,000
$200,000
$150,000
$100,000
$50,000
$0
Revenue Budget
2008-09
Expenditure Budget Revenue 3rd Quarter
2008-09
2008-09
Expenditure 3rd
Quarter 2008-09
Projected Revenue
Projected
Budget 2008-09
Expenditures 2008-09
23
Concessions Operating Budget
July 1, 2008 to March 31, 2009
Budgeted Revenues 2008-09: $575,000
Actual Revenues to March 31: $375,985
Budgeted Expenses 2008-09: $650,000
Actual Expenses to March 31: $451,494
The total budgeted revenue for 2008-09 is $575,000. As of March 31,
2009, $375,985 had been received, or approximately 65 percent of the
revenue budget, and $451,494 has been expended, or approximately 69
percent of the total expenditure budget.
Analysis:
Revenues and expenditures for the year are believed to be on target with
projections. The amount of expenditures to date for 2008-09 is less than in
the prior year. Revenues remain consistent and any overage will be
absorbed by prior year cash balances.
24
FLORIDA ATLANTIC UNIVESITY
OPERATING BUDGET STATUS
AS OF MARCH 31, 2009
SUMMARY COMPARISONS

Year-to-Date Expenditures for Fiscal Year 2008-09 and Fiscal
Year 2007-08

Year-to-Date Student Credit Hours for Fiscal Year 2008-09 and
2007-08

Year-to-Date Expenditures by Activity in Dollars for Fiscal Year
2008-09 and Fiscal Year 2007-08

Year-to-Date Expenditures by Activity in Percentages for Fiscal
Year 2008-09 and Fiscal Year 2007-08
25
FLORIDA ATLANTIC UNIVERSITY
OPERATING BUDGET STATUS
AS OF MARCH 31, 2009
YEAR - TO - DATE EXPENDITURES FISCAL YEAR 2008-09
Educational & General
Student Financial Aid
Sponsored Research/Grants
Auxiliary Enterprises
Athletics
Student Activities
Concessions
Total
Expenditures
$ 174,042,769
$ 112,325,695
$ 39,028,582
$ 54,208,272
$ 11,277,991
$ 3,608,107
$
451,495
$ 394,942,912
Operating
Budget
Remainder
253,223,501 $ 79,180,732
118,411,000
6,085,305
59,980,353
20,951,771
87,954,295
33,746,023
13,477,617
2,199,626
6,291,622
2,683,515
650,000
198,505
$ 539,988,388 $ 145,045,476
% of Budget
Fund
Spent
Balances
68.73% $ 33,566,536
94.86%
2,034,771
65.07%
6,822,756
61.63%
72,944,050
83.68%
(504,385)
57.35%
4,582,504
69.46%
150,914
73.14% $ 119,597,146
YEAR - TO - DATE EXPENDITURES FISCAL YEAR 2007-08
Operating
Final
Expenditures
Budget
Remainder
$ 178,873,192 $ 258,329,084 $ 79,455,892
$ 97,623,800 122,951,300
25,327,500
$ 36,792,267
63,307,843
26,515,576
$ 40,590,285
63,391,982
22,801,697
$ 11,482,041
13,236,185
1,754,144
$ 4,030,052
7,064,000
3,033,948
$
491,576
695,000
203,424
$ 369,883,214 $ 528,975,394 $ 159,092,180
% of Budget
Spent
69.24%
79.40%
58.12%
64.03%
86.75%
57.05%
70.73%
69.92%
STUDENT CREDIT HOURS
FISCAL YEAR 2008-09 AS OF 3/31/09
Semester
Summer (final)
Fall (final)
Spring (estimate)
Total
Actual
90,874
254,263
236,694
581,831
Budget
98,367
253,577
239,911
591,855
Difference
% Variance
(7,493)
-7.62%
686
0.27%
(3,217)
-1.34%
(10,024)
-1.69%
FISCAL YEAR 2007-08
Actual
98,236
255,170
231,677
585,083
Budget
97,754
256,327
237,776
591,857
Difference
% Variance
482
0.49%
(1,157)
-0.45%
(6,099)
-2.57%
(6,774)
-1.14%
26
FLORIDA ATLANTIC UNIVERSITY
OPERATING BUDGET STATUS
EXPENDITURES BY CATEGORY AS OF MARCH 31, 2009
EXPENDITURES BY ACTIVITY - DOLLAR AMOUNTS
YEAR - TO - DATE EXPENDITURES FISCAL YEAR 2008-09
Educational & General
Student Financial Aid
Sponsored Research/Grants
Auxiliary Enterprises
Athletics
Student Activities
Concessions
Total
Salaries &
Expense/
Benefits
OPS
Other
$ 121,230,363 $ 13,881,784 $ 38,930,623 $
523,892
391,706
111,410,098
17,886,056
4,868,304
16,274,222
13,699,842
4,065,917
36,442,514
3,448,499
332,723
7,496,769
392,028
653,358
2,562,722
165,959
285,536
$ 157,180,679 $ 24,359,750 $ 213,402,484 $
Total
174,042,769
112,325,695
39,028,582
54,208,272
11,277,991
3,608,107
451,495
394,942,912
YEAR - TO - DATE EXPENDITURES FISCAL YEAR 2007-08
Salaries &
Expense/
Benefits
OPS
Other
$ 122,470,269 $ 14,561,993 $ 41,840,930 $
443,929
409,845
96,770,027
16,837,321
5,638,153
14,316,793
11,138,946
3,728,370
25,722,969
3,437,325
320,435
7,724,281
265,223
699,784
3,065,045
227,588
263,988
$ 154,593,013 $ 25,586,168 $ 189,704,033 $
Total
178,873,192
97,623,800
36,792,267
40,590,285
11,482,041
4,030,052
491,576
369,883,214
EXPENDITURES BY ACTIVITY - PERCENT OF TOTAL
FISCAL YEAR 2008-09 AS OF 3/31/09
Educational & General
Student Financial Aid
Sponsored Research/Grants
Auxiliary Enterprises
Athletics
Student Activities
Concessions
Total
Salaries &
Benefits
69.66%
0.47%
45.83%
25.27%
30.58%
10.87%
0.00%
39.80%
OPS
7.98%
0.35%
12.47%
7.50%
2.95%
18.11%
36.76%
6.17%
Expense
22.37%
99.18%
41.70%
67.23%
66.47%
71.03%
63.24%
54.03%
FISCAL YEAR 2007-08 AS OF 3/31/08
Total
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
Salaries &
Benefits
68.47%
0.45%
45.76%
27.44%
29.94%
6.58%
0.00%
41.80%
OPS
8.14%
0.42%
15.32%
9.19%
2.79%
17.36%
46.30%
6.92%
Expense
23.39%
99.13%
38.91%
63.37%
67.27%
76.05%
53.70%
51.29%
Total
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
27