KENTUCKY STATE UNIVERSITY
E&G Funds
| SOURCE OF REVENUE FUNDS | Amended FY20 Budget | Approved FY21 Budget | Proposed FY22 Budget |
|---|
| State Appropriation | 25,259,100 | 24,115,085* | 27,186,100 |
|---|
| Tuition and Mandatory Fees | 17,000,000 | 13,598,000 | 15,666,000 |
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| Non-mandatory (Optional) Fees | 500,000 | 400,000 | 675,000 |
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| Employee Parking | 35,000 | 28,000 | 30,000 |
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| Interest Income | 175,000 | - | 10,586 |
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| Indirect Cost Recovery | 500,000 | 400,000 | 400,000 |
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| Auxiliary Enterprises | 5,205,000 | 2,082,000** | 6,021,000 |
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| TOTAL REVENUE | 48,674,100 | 40,623,086 | 49,988,686 |
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On April 30, 2020, the State Budget Director anticipated a General Fund revenue shortfall in the current fiscal year. All public postsecondary institutions' general appropriation funds were reduced by 1.0%. In anticipation of a subsequent budget reduction for FY2021, the state appropriation amount listed above includes a 5% reduction of $1,269,215.
Revenue for Auxiliary Services has been reduced by 50% due to an expected decline in students residing on campus
| ACADEMIC AFFAIRS |
| Personnel | $ 7,955,800 | $ 8,121,647 | $ 9,326,707 |
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| Fringe Benefits | $ 2,830,335 | $ 2,030,412 | $ 2,145,143 |
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| Operating Expenses | $ 7,434,620 | $ 7,480,372 | $ 9,063,360 |
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| $ 18,220,755 | $ 17,632,431 | $ 20,535,210 |
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| AUXILIARY SERVICES |
| Personnel | $ 132,759 | $ 116,200 | $ 142,048 |
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| Fringe Benefits | $ 47,793 | $ 34,860 | $ 45,455 |
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| Operating Expenses | $ 4,708,530 | $ 2,223,806 | $ 3,908,160 |
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| $ 4,889,082 | $ 2,374,866 | $ 4,095,663 |
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Total Personnel: 197
Operating expenses include general operating supplies, accreditation fees, state match appropriation of federal land-grant, and service/maintenance contracts including: Blackboard, CampusLabs, and Interfolio