|
Michigan Technological University
Five-year General Fund Budget Model
FY 1999 GENERAL FUND BUDGET
Revenues, Expenditures, and Transfers
In Thousands
|
| |
Adopted Budget
1997-1998
|
5-Year Model
Year 1
1998-1999
|
Budget Comparison
Increase (decrease)
Amount Percent
|
| Revenues |
|
|
|
|
| Tuition and Fees |
$31,503
|
$34,871
|
$3,368
|
10.7%
|
| State appropriations |
46,503
|
47,599
|
1,096
|
2.3%
|
| State appropriations-one
time |
0
|
900
|
900
|
-
|
| Gifts, grants, and contracts |
0
|
307
|
307
|
-
|
| Indirect cost recoveries |
5,327
|
6,323
|
996
|
18.7%
|
| Investment income |
200
|
227
|
27
|
13.4%
|
| Educational Activities |
2,807
|
2,858
|
51
|
1.8%
|
| Other |
0
|
577
|
577
|
-
|
| Total revenues |
$86,340
|
$93,662
|
7,322
|
8.5%
|
Expenditures |
|
|
|
|
| Instruction |
42,176 R
|
43,429
|
1,253
|
3.0%
|
| Research |
1,620 R
|
1,666
|
46
|
2.8%
|
| Public service |
278 R
|
286
|
8
|
2.9%
|
| Academic support |
9,365 R
|
9,881
|
516
|
5.5%
|
| Student services |
3,423 R
|
3,542
|
119
|
3.5%
|
| Institutional support |
11,188 R
|
11,548
|
360
|
3.2%
|
| Student financial support |
9,390 R
|
10,116
|
726
|
7.7%
|
| Operation and maintenance
of plant |
7,001 R
|
7,574
|
573
|
8.2%
|
| Total expenditures |
84,441
|
88,042
|
3,601
|
4.3%
|
Transfers |
|
|
|
|
| Research |
2,690 R
|
3,477
|
787
|
29.3%
|
| Institutional support |
287 R
|
287
|
0
|
0.0%
|
| Student financial support |
1,982 R
|
2,250
|
268
|
13.5%
|
| Debt service |
200 R
|
0
|
(200)
|
-100%
|
| Plant improvement |
0 R
|
900
|
900
|
-
|
| Other |
(3,260) R
|
(1,294)
|
1,966
|
-60.3%
|
| Total transfers |
1,899
|
5,620
|
3,721
|
195.9%
|
| |
|
|
|
|
Revenues (under) expenditures
and transfers |
($0)
|
($0)
|
$0
|
-
|
| Note—R Restated the
FY 98 budget to agree with the 5 Year Model classifications.
|
|
