2024-2025 Revenues and Expenditures
Revenues
Operating (Unrestricted) Fund
| Actual 2022-23 | % | Actual 2023-24 | % | Budgeted 2024-25 | % | |
|---|---|---|---|---|---|---|
| Revenues by Source | ||||||
| State Funds | $25,120,716 | 37.6% | $27,236,315 | 39.4% | $23,847,234 | 32.6% |
| Self-Generated Funds | $41,864,399 | 62.4% | $41,858,327 | 60.6% | $49,389,120 | 67.4% |
| Total Revenues | $66,785,115 | 100.0% | $69,094,642 | 100.0% | $73,236,354 | 100.0% |
Expenditures
Operating (Unrestricted) Fund
| Actual 2022-23 | % | Actual 2023-24 | % | Budgeted 2024-25 | % | |
|---|---|---|---|---|---|---|
| Expenditures by Function | ||||||
| Instruction | $27,472,790 | 41.1% | $28,618,973 | 41.4% | $31,082,153 | 42.4% |
| Research | $572,046 | 0.9% | $587,811 | 0.9% | $604,717 | 1.0% |
| Academic Support | $5,069,280 | 7.6% | $5,106,394 | 7.4% | $5,872,744 | 8.0% |
| Student Services | $3,852,087 | 5.8% | $3,351,463 | 4.9% | $4,137,079 | 5.6% |
| Institutional Services | $7,799,129 | 11.7% | $7,967,409 | 11.5% | $8,210,128 | 11.2% |
| Scholarships/Fellowships | $5,807,243 | 8.7% | $5,924,834 | 8.6% | $6,020,577 | 8.2% |
| Plant Operations/Maintenance | $5,867,476 | 8.8% | $5,888,565 | 8.5% | $7,117,906 | 9.7% |
| Transfers out of agency | $4,166,769 | 6.2% | $4,390,387 | 6.4% | $3,176,880 | 4.3% |
| Athletics | $4,124,319 | 6.1% | $4,124,319 | 5.9% | $4,229,583 | 5.8% |
| Other | $2,053,976 | 3.1% | $3,134,487 | 4.5% | $2,784,587 | 3.8% |
| Total Expenditures | $66,785,115 | 100.0% | $69,094,642 | 100.0% | $73,236,354 | 100.0% |
| Actual 2022-23 | % | Actual 2023-24 | % | Budgeted 2024-25 | % | |
|---|---|---|---|---|---|---|
| Expenditures by Expense Category | ||||||
| Salaries | $28,898,047 | 43.3% | $30,039,183 | 43.5% | $31,921,956 | 43.6% |
| Other Compensation | $511,716 | 0.8% | $536,575 | 0.8% | $391,230 | 0.5% |
| Related Benefits | $13,826,176 | 20.7% | $14,177,467 | 20.5% | $14,307,777 | 19.5% |
| Travel | $52,289 | 0.1% | $50,171 | 0.1% | $43,350 | 0.1% |
| Operating Services | $4,753,711 | 7.1% | $4,975,343 | 7.2% | $4,763,153 | 6.5% |
| Supplies | $504,470 | 0.8% | $420,564 | 0.6% | $735,620 | 1.0% |
| Professional Services | $428,181 | 0.6% | $334,541 | 0.5% | $409,900 | 0.6% |
| Other Charges | $12,308,450 | 18.4% | $13,272,571 | 19.2% | $13,114,747 | 17.9% |
| Interagency Transfers | $4,166,769 | 6.2% | $4,390,387 | 6.4% | $3,176,880 | 4.3% |
| General Acquisitions | $1,121,722 | 1.7% | $162,952 | 0.2% | $3,482,241 | 4.8% |
| Library Acquisitions | $138,586 | 0.2% | $129,097 | 0.1% | $139,500 | 0.2% |
| Major Repairs | $74,988 | 0.1% | $605,791 | 0.9% | $750,000 | 1.0% |
| Total Expenditures | $66,785,115 | 100.0% | $69,094,642 | 100.0% | $73,236,354 | 100.0% |