KENTUCKY STATE UNIVERSITY E&G Funds

Budget Allocation FY2022

SOURCE OF REVENUE FUNDSAmended FY20 BudgetApproved FY21 BudgetProposed FY22 Budget
State Appropriation25,259,10024,115,085*27,186,100
Tuition and Mandatory Fees17,000,00013,598,00015,666,000
Non-mandatory (Optional) Fees500,000400,000675,000
Employee Parking35,00028,00030,000
Interest Income175,000-10,586
Indirect Cost Recovery500,000400,000400,000
Auxiliary Enterprises5,205,0002,082,000**6,021,000
TOTAL REVENUE48,674,10040,623,08649,988,686

Budget Notes

  • 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

EXPENDITURES

ACADEMIC AFFAIRS
Personnel$ 7,955,800$ 8,121,647$ 9,326,707
Fringe Benefits$ 2,830,335$ 2,030,412$ 2,145,143
Operating Expenses$ 7,434,620$ 7,480,372$ 9,063,360
$ 18,220,755$ 17,632,431$ 20,535,210
AUXILIARY SERVICES
Personnel$ 132,759$ 116,200$ 142,048
Fringe Benefits$ 47,793$ 34,860$ 45,455
Operating Expenses$ 4,708,530$ 2,223,806$ 3,908,160
$ 4,889,082$ 2,374,866$ 4,095,663

Budget Notes

  1. Total Personnel: 197
  2. Operating expenses include general operating supplies, accreditation fees, state match appropriation of federal land-grant, and service/maintenance contracts including: Blackboard, CampusLabs, and Interfolio

Budget Notes

1. Total Personnel: 2.5

2. Operating expenses include general operating supplies and service/maintenance contracts including: Sodexo, Ricoh, and Follett