Management's Discussion and Analysis, continued
June 30, 2013
Fiscal Year 2013 Operating Revenues as a % of total Operating Revenue
Total operating revenues were $39.8 million for the year ended June 30, 2013, a decrease of $3.7 million compared to FY12. The primary components were federal, state and local grants and contracts of $9.2 million (23.0%) student tuition and fees, net of $16.6 million (41.6%), federal appropriations of $6.9 million (17.3%) and auxiliary services and other revenues of $7.2 million (18.1%). FY13 Student tuition and fees revenue decreased $2.3 million compared to FY12. FY13 Grants and contracts of $3.1 million compared to FY12 due to decreased awards and spending. FY13 Federal appropriations increased $3.1 million compared to FY12. FY13 Auxiliary services and other revenue decreased $1.3 million compared to FY12. Of this decrease, $486 thousand decreased in dining revenue, $442 thousand decreased in residence halls and $522 thousand decreased in other operating revenues. Refer to Figure 1 for the three year trend of the operating revenues as a percent to total operating revenues and revenue by category.