E & G Budget vs. Operating Projection Through June 30, 2012
Original BudgetRevised BudgetJune 2012 YTD Activity Projection
Revenues
State Appropriations25,146,80025,146,80024,660,001
Student Tuition & Fees22,213,28722,213,28723,585,338
Auxiliaries6,516,1206,516,1206,850,087
Other4,778,7004,778,7001,359,739
Projected Revenues Total58,654,90758,654,90756,455,165
Expenditures
Salaries/Wages & Benefits31,334,96832,752,58530,471,897
Supplies & Other3,119,0573,039,4401,759,877
Travel1,627,0691,524,7721,211,994
Communications603,134494,734495,174
Services9,491,1998,696,5167,598,683
Interdepartmental409,914262,468(26,996)
Fixed Costs3,428,0884,623,1813,621,459
Student Aid4,693,9944,523,8485,105,701
Capital1,314,371147,1841,343,430
Projected Expenditures Total56,021,79456,064,72851,581,219
Surplus (Deficit) before Transfers2,633,1132,590,1794,873,947
Mandatory transfers2,633,1132,590,1792,428,408
Projected Surplus (Deficit)002,445,538
Noncash Expenses &Accruals
Depreciation(4,393,703)
Bad Debt Expense(400,000)
Accrued Liabilities - Compensated Abs(200,000)
Accrued Liabilities - Payable to Vendors(100,000)
Projected Change in Net Assets(2,648,165)
Budgeted Fund Balance Spending FY12
FY12 Advance Appropriation in FY11486,800
FY11 E&G and Plant Fund Balance2,200,000
Total Fund Balance Spend2,686,800
Budget vs. Actual Projection38,635