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Combined Statement of Revenues, Expenditures,
and Other Changes
Higher Education Funds
For The Fiscal Year Ended June 30, 1997
(Expressed in Thousands)
| Current Funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Revenues and Transfers from Foundation: | |||
| Student Tuition and Fees | $ 249,846 | $ - | $249,846 |
| Federal Grants and Contracts | 14,999 | 93,289 | 108,288 |
| Private Gifts and Grants | 8,258 | 18,723 | 26,981 |
| Patient Service | 49,846 | - | 49,846 |
| Sales and Services | 143,143 | 163 | 143,306 |
| Investment Earnings | 8,349 | 1,152 | 9,501 |
| Endowment Income | - | 1 | 1 |
| Miscellaneous | 10,692 | 13,824 | 24,516 |
| Total Revenues | 485,133 | 127,152 | 612,285 |
| Transfer from Foundation | - | 5,364 | 5,364 |
| Total Revenues and Transfer from Foundation | 485,133 | 132,516 | 617,649 |
| Expenditures and Mandatory Transfers: | |||
| Education and General: | |||
| Instruction | $358,106 | $ 14,649 | $ 372,755 |
| Research | 22,151 | 61,090 | 83,241 |
| Public Service | 19,086 | 10,502 | 29,588 |
| Academic Support | 89,027 | 3,170 | 92,197 |
| Student Services | 49,409 | 3,315 | 52,724 |
| Institutional Support | 143,527 | 3,924 | 147,451 |
| Scholarship and Fellowships | 36,472 | 35,282 | 71,754 |
| Plant Operations and Maintenance | 81,690 | 293 | 81,983 |
| Total Educational and General Expenditures | 799,468 | 132,225 | 931,693 |
| Patient Care | 50,338 | 163 | 50,501 |
| Auxiliary Enterprises | 100,957 | 128 | 101,085 |
| Mandatory Transfers: | |||
| Retirement of Indebtedness | 3,598 | - | 3,598 |
| Total Expenditures and Mandatory Transfers | 954,361 | 132,516 | 1,086,877 |
| Other Transfers - Additions (Deductions): | |||
| Operating Transfers from the State's | |||
| Governmental Funds | 472,967 | - | 472,967 |
| Transfer to Foundation | (3,804) | - | (3,804) |
| Other Non-mandatory Transfers | (10,329) | 2,630 | (7,699) |
| Excess of Restricted Receipts over Transfers | |||
| to Revenues | - | 36 | 36 |
| Refunded to Grantors | - | (63) | (63) |
| Total Other Transfers and Additions (Deductions) | 458,834 | 2,603 | 461,437 |
| Net Increase (Decrease) in Fund Balances | $(10,394) | $2,603 | $ (7,791) |
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