KENTUCKY STATE UNIVERSITY
FY 2014-15 PROPOSED FINANCIAL PLAN
| Approved Budget | Approved Budget |
|---|
| Fringe Benefits | $673,000 | $595,400 |
|---|
| Operating Expenses | $1,077,000 | $914,600 |
|---|
| UNIVERSITY - Contingency | $500,000 | $750,000 |
|---|
| PRESIDENT'S OFFICE | | |
|---|
| Personnel | $1,411,700 | $2,179,800 |
|---|
| Fringe Benefits | $488,400 | $736,600 |
|---|
| Operating Expenses | $1,581,900 | $2,985,100 |
|---|
| SCHOLARSHIPS | $4,792,100 | $4,792,100 |
|---|
| $48,125,700 | $44,475,800 |
|---|
| AUXILIARY ENTERPRISES | $6,409,900 | $6,187,500 |
|---|
| $54,535,500 | $50,663,300 |
|---|
| ADDITIONAL EXPENSES | | |
|---|
| KTRS AND KERS INCREASES | | $620,200 |
|---|
| HEALTH INSURANCE INCREASES | | $76,700 |
|---|
| RETIREMENT SICK LEAVE | | $250,000 |
|---|
| COMPENSATION STUDY EXPENSE | | $50,000 |
|---|
| FACULTY PROMOTIONS | | $79,300 |
|---|
| ESSENTIAL POSITIONS | | $541,000 |
|---|
| ACCREDITATION COST | | $40,000 |
|---|
| UTILITIES INCREASES | | $55,000 |
|---|
| BAD DEBT EXPENSE | | $800,000 |
|---|
| LAB FEE EXPENSES | | $107,500 |
|---|
| HOMECOMING EXPENSES | | $90,000 |
|---|
| INDIRECT COST ALLOCATIONS (70%)(Net) | | $131,700 |
|---|
| | $2,841,300 |
|---|
TOTAL UNIVERSITY EXPENDITURES $54,535,500 $53,504,600
SURPLUS / (DEFICIT) -$538,000 $0