2025-2026 Revenues and Expenditures
Revenues
Operating (Unrestricted) Fund
| Actual 2023-24 | % | Actual 2024-25 | % | Budgeted 2025-26 | % | |
|---|---|---|---|---|---|---|
| Revenues by Source | ||||||
| State Funds | $27,236,315 | 39.4% | $23,847,234 | 32.6% | $23,987,626 | 30.6% |
| Self-Generated Funds | $41,858,327 | 60.6% | $49,389,120 | 67.4% | $54,430,949 | 69.4% |
| Total Revenues | $69,094,642 | 100.0% | $73,236,354 | 100.0% | $78,418,575 | 100.0% |
Expenditures
Operating (Unrestricted) Fund
| Actual 2023-24 | % | Actual 2024-25 | % | Budgeted 2025-26 | % | |
|---|---|---|---|---|---|---|
| Expenditures by Function | ||||||
| Instruction | $28,618,973 | 41.4% | $28,096,775 | 41.7% | $32,214,604 | 41.1% |
| Research | $587,811 | 0.9% | $743,009 | 1.1% | $640,517 | 0.8% |
| Academic Support | $5,106,394 | 7.4% | $5,489,034 | 8.2% | $5,902,978 | 7.5% |
| Student Services | $3,351,463 | 4.9% | $3,668,343 | 5.4% | $4,945,757 | 6.3% |
| Institutional Services | $7,967,409 | 11.5% | $8,093,553 | 12.1% | $8,747,823 | 11.2% |
| Scholarships/Fellowships | $5,924,834 | 8.6% | $5,437,000 | 8.1% | $6,020,577 | 7.7% |
| Plant Operations/Maintenance | $5,888,565 | 8.5% | $5,425,307 | 8.1% | $9,307,989 | 11.9% |
| Transfers out of agency | $4,390,387 | 6.4% | $2,832,749 | 4.3% | $4,061,932 | 5.2% |
| Athletics | $4,124,319 | 5.9% | $4,229,583 | 6.1% | $4,159,041 | 5.3% |
| Other | $3,134,487 | 4.5% | $3,327,630 | 4.9% | $2,417,357 | 3.0% |
| Total Expenditures | $69,094,642 | 100.0% | $67,342,983 | 100.0% | $78,418,575 | 100.0% |
| Actual 2023-24 | % | Actual 2024-25 | % | Budgeted 2025-26 | % | |
|---|---|---|---|---|---|---|
| Expenditures by Expense Category | ||||||
| Salaries | $30,039,183 | 43.5% | $30,816,366 | 45.8% | $33,332,100 | 42.5% |
| Other Compensation | $536,575 | 0.8% | $552,403 | 0.8% | $528,773 | 0.7% |
| Related Benefits | $14,177,467 | 20.5% | $13,652,362 | 20.3% | $14,919,423 | 19.0% |
| Travel | $50,171 | 0.1% | $45,841 | 0.1% | $51,850 | 0.1% |
| Operating Services | $4,975,343 | 7.2% | $4,964,078 | 7.4% | $5,948,479 | 7.6% |
| Supplies | $420,564 | 0.6% | $455,114 | 0.7% | $761,281 | 0.9% |
| Professional Services | $334,541 | 0.5% | $246,228 | 0.4% | $389,300 | 0.4% |
| Other Charges | $13,272,571 | 19.2% | $13,325,510 | 19.8% | $12,676,975 | 16.2% |
| Interagency Transfers | $4,390,387 | 6.4% | $2,832,749 | 4.2% | $4,061,932 | 5.2% |
| General Acquisitions | $162,952 | 0.2% | $94,233 | 0.1% | $4,866,262 | 6.2% |
| Library Acquisitions | $129,097 | 0.1% | $122,860 | 0.1% | $132,200 | 0.2% |
| Major Repairs | $605,791 | 0.9% | $235,239 | 0.3% | $750,000 | 1.0% |
| Total Expenditures | $69,094,642 | 100.0% | $67,342,983 | 100.0% | $78,418,575 | 100.0% |