2022-2023 Revenues and Expenditures
Revenues
Operating (Unrestricted) Fund
| Actual 2020-21 | % | Actual 2021-22 | % | Budgeted 2022-23 | % | |
|---|---|---|---|---|---|---|
| Revenues by Source | ||||||
| State Funds | $14,642,745 | 23.4% | $25,469,128 | 35.7% | $24,946,607 | 31.8% |
| Self-Generated Funds | $48,036,523 | 76.6% | $45,939,779 | 64.3% | $53,389,120 | 68.2% |
| Total Revenues | $62,679,268 | 100.0% | $71,408,907 | 100.0% | $78,335,727 | 100.0% |
Expenditures
Operating (Unrestricted) Fund
| Actual 2020-21 | % | Actual 2021-22 | % | Budgeted 2022-23 | % | |
|---|---|---|---|---|---|---|
| Expenditures by Function | ||||||
| Instruction | $23,264,078 | 37.1% | $28,564,863 | 40.0% | $31,568,526 | 40.3% |
| Research | $546,777 | 0.9% | $588,091 | 0.8% | $573,420 | 0.7% |
| Academic Support | $6,093,027 | 9.7% | $5,445,687 | 7.6% | $5,949,953 | 7.6% |
| Student Services | $4,226,679 | 6.8% | $4,170,844 | 5.9% | $4,447,388 | 5.7% |
| Institutional Services | $8,866,027 | 14.1% | $7,777,528 | 10.9% | $9,037,603 | 11.5% |
| Scholarships/Fellowships | $6,967,009 | 11.1% | $6,746,671 | 9.5% | $6,020,577 | 7.7% |
| Plant Operations/Maintenance | $5,104,240 | 8.2% | $5,623,308 | 7.9% | $8,366,324 | 10.7% |
| Transfers out of agency | $1,445,489 | 2.3% | $1,677,695 | 2.3% | $4,546,149 | 5.8% |
| Athletics | $3,908,571 | 6.2% | $3,870,357 | 5.4% | $4,124,319 | 5.3% |
| Other | $2,257,372 | 3.6% | $6,943,862 | 9.7% | $3,701,468 | 4.7% |
| Total Expenditures | $62,679,268 | 100.0% | $71,408,907 | 100.0% | $78,335,727 | 100.0% |
| Actual 2020-21 | % | Actual 2021-22 | % | Budgeted 2022-23 | % | |
|---|---|---|---|---|---|---|
| Expenditures by Expense Category | ||||||
| Salaries | $27,616,633 | 44.0% | $30,674,379 | 42.9% | $31,179,617 | 39.8% |
| Other Compensation | $427,022 | 0.7% | $523,462 | 0.7% | $538,386 | 0.7% |
| Related Benefits | $13,785,266 | 22.0% | $14,196,862 | 19.9% | $14,963,519 | 19.1% |
| Travel | $9,822 | 0.1% | $41,639 | 0.1% | $90,568 | 0.1% |
| Operating Services | $4,867,010 | 7.8% | $4,557,262 | 6.4% | $6,119,983 | 7.8% |
| Supplies | $401,395 | 0.6% | $537,606 | 0.8% | $935,113 | 1.2% |
| Professional Services | $473,231 | 0.8% | $556,495 | 0.8% | $356,735 | 0.4% |
| Other Charges | $13,194,325 | 21.1% | $17,590,684 | 24.6% | $13,946,364 | 17.8% |
| Interagency Transfers | $1,445,489 | 2.3% | $1,677,695 | 2.3% | $4,546,149 | 5.8% |
| General Acquisitions | $235,856 | 0.3% | $873,017 | 1.2% | $3,582,668 | 4.6% |
| Library Acquisitions | $131,849 | 0.2% | $118,733 | 0.2% | $136,625 | 0.2% |
| Major Repairs | $91,370 | 0.1% | $61,073 | 0.1% | $1,940,000 | 2.5% |
| Total Expenditures | $62,679,268 | 100.0% | $71,408,907 | 100.0% | $78,335,727 | 100.0% |