Family Practice Program

Budget Narrative

The Budget Narrative is a written summary of revenue sources and expenditures for the budget year by fund group. The report also includes rationale behind the assumptions made when formulating the budget line items.  The narrative is provided annually to the Board of Regents.

Budget Comparison

Revenues
  FY 2022 Budget FY 2023 Budget % Change
State Appropriations $1,720,598 $2,220,598 29.06%
Interest 5,500 7,500 36.36%
Total Revenues $1,726,098 $2,228,098 29.08%
Expenditures - Salaries and Benefits
  FY 2022 Budget FY 2023 Budget % Change
Prof. & Scientific Salaries $304,128 $376,944 23.94%
General Services Salaries 0 2,592 100.00%
Total Salaries and Benefits $304,128 $379,536 24.79%
Other Expenditures
  FY 2022 Budget FY 2023 Budget % Change
Supplies and Services $1,421,970 $1,848,562 30.00%
Total Other Expenditures $1,421,970 $1,848,562 30.00%
Total Expenditures $1,726,098 $2,228,098 29.08%