E & G Budget vs. Operating Projection Through June 30, 2012
| Original Budget | Revised Budget | June 2012 YTD Activity Projection | |
|---|---|---|---|
| Revenues | |||
| State Appropriations | 25,146,800 | 25,146,800 | 24,660,001 |
| Student Tuition & Fees | 22,213,287 | 22,213,287 | 23,585,338 |
| Auxiliaries | 6,516,120 | 6,516,120 | 6,850,087 |
| Other | 4,778,700 | 4,778,700 | 1,359,739 |
| Projected Revenues Total | 58,654,907 | 58,654,907 | 56,455,165 |
| Expenditures | |||
| Salaries/Wages & Benefits | 31,334,968 | 32,752,585 | 30,471,897 |
| Supplies & Other | 3,119,057 | 3,039,440 | 1,759,877 |
| Travel | 1,627,069 | 1,524,772 | 1,211,994 |
| Communications | 603,134 | 494,734 | 495,174 |
| Services | 9,491,199 | 8,696,516 | 7,598,683 |
| Interdepartmental | 409,914 | 262,468 | (26,996) |
| Fixed Costs | 3,428,088 | 4,623,181 | 3,621,459 |
| Student Aid | 4,693,994 | 4,523,848 | 5,105,701 |
| Capital | 1,314,371 | 147,184 | 1,343,430 |
| Projected Expenditures Total | 56,021,794 | 56,064,728 | 51,581,219 |
| Surplus (Deficit) before Transfers | 2,633,113 | 2,590,179 | 4,873,947 |
| Mandatory transfers | 2,633,113 | 2,590,179 | 2,428,408 |
| Projected Surplus (Deficit) | 0 | 0 | 2,445,538 |
| 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 FY11 | 486,800 | ||
| FY11 E&G and Plant Fund Balance | 2,200,000 | ||
| Total Fund Balance Spend | 2,686,800 | ||
| Budget vs. Actual Projection | 38,635 |