|
Michigan Technological University
Five-year General Fund Budget Model
FY 2002 GENERAL FUND BUDGET
Revenues, Expenditures, and Transfers and Changes in Fund Balance
Proposed Budget
In Thousands
|
| |
Adopted Budget
2000-2001
|
5-Year Model
Year 1
2001-2002
|
Budget Comparison
Increase (decrease)
Amount Percent
|
| Revenues |
|
|
|
|
| Tuition and Fees |
$37,151
|
$41,066
|
$3,915
|
11%
|
| State appropriations |
54,278
|
55,092
|
814
|
1.5%
|
| Federal grants and contracts |
114
|
114
|
0
|
0%
|
| Private gifts, grants, and contracts |
300
|
300
|
0
|
0%
|
| Indirect cost recoveries |
7,148
|
7,523
|
375
|
5%
|
| Investment income |
(450)
|
(780)
|
(330)
|
73%
|
| Educational Activities |
2,869
|
2,895
|
26
|
1%
|
| Other |
666
|
666
|
0
|
0%
|
| Total revenues |
$102,076
|
$106,876
|
4,800
|
5%
|
Expenditures |
|
|
|
|
| Instruction |
48,713
|
49,333
|
620
|
1%
|
| Research |
922
|
1,683
|
761
|
83%
|
| Public service |
646
|
669
|
23
|
4%
|
| Academic support |
10,916
|
11,301
|
385
|
4%
|
| Student services |
4,543
|
5,014
|
471
|
10%
|
| Institutional support |
12,273
|
11,984
|
(289)
|
-2%
|
| Student financial support |
12,044
|
10,803
|
(1,241)
|
-10%
|
| Operation and maintenance of plant |
8,138
|
9,626
|
1,488
|
18%
|
| Total expenditures |
98,195
|
100,413
|
2,218
|
2%
|
Transfers |
|
|
|
|
| Research |
4,382
|
4,835
|
454
|
10%
|
| Institutional support |
468
|
487
|
20
|
4%
|
| Student financial support |
2,531
|
3,304
|
773
|
31%
|
| Debt service |
630
|
630
|
0
|
0%
|
| Plant improvement |
(1,500)
|
0
|
1,500
|
-100%
|
| Other |
(2,630)
|
1,288
|
3,918
|
-149%
|
| Total transfers |
3,880
|
10,545
|
6,664
|
172%
|
| |
|
|
|
|
Revenues (under) expenditures
and transfers |
($0)
|
($4,082)
|
($4,082)
|
-
|
|
