The following chart presents operating revenues by category as a percentage of total operating revenues for the fiscal year ended June 30, 2023.
FY 2023 Operating Revenue by Category as a % of Total Operating Revenues
Student tuition and fees, net bullet Grants and contracts bullet Auxiliary enterprises bullet Other operating revenue
Operating expenses totaled $71.3 million, a $7.2 million decrease from $78.5 million in fiscal year 2022. Of this amount, $39.98 million (56%) was expended for the primary mission of the University, including instruction (12.16%), research (14.11%), student services (10.40%), student aid (7.99%), and public service (11.39%). Research is the main component of primary mission expense amounting to $10.0 million in fiscal year 2023 or 14.0% of all operating expenses.
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