Projection through
Revised BudgetJune 2009NOTES- Assumptions
revenues
State Appropriations26,917,79125,174,591Projecting revenue at 100% of revised budget less $1,743,200
Student Tuition & Fees18,086,89818,086,898Projecting revenue at 100% of revised budget
Other1,020,2541,020,254Projecting revenue at 100% of revised budget
'projected Revenues Total46,024,94344,281,743
expenditures
Salaries/Wages/ & Benefits27,333,79824,600,418Projecting expense at 90% of revised budget
Supplies & Other3,154,7981,892,879Projecting expense at 60% of revised budget
Travel1,075,081752,557Projecting expense at 70% of revised budget
Communications357,814357,814Projecting expense at 100% of revised budget
Services3,729,4654,029,465Projecting expense at 100% of revised budget + $300,000 bad debt expense
Interdepartmental436,263370,824Projecting expense at 85% of revised budget
Fixed Costs1,944,2521,944,252Projecting expense at 100% of revised budget
Student Aid4,011,5474,011,547Projecting expense at 100% of revised budget
Capital2,075,2321,037,616Projecting expense at 50% of revised budget
'projected Expenditures Total44,118,25038,997,371
surplus (Deficit) before Transfers1,906,6935,284,372
Mandatory transfers1,906,6932,204,014
projected Surplus (Deficit)-3,080,358
estimated Non-operating Expense2,500,000
Depreciation250,000
Compensated Absences330,358
projected Surplus (Deficit) Adjusted
Budget vs. Operating Projection through June 30, 2009
16