Oakdale Campus

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 2019 Budget FY 2020 Budget % Change
State Appropriations $2,134,120 $2,134,120 -2.40%
Interest 5,000 0 -100.00%
Reimbursed Indirect Costs 299,880 307,880 2.67%
Sales and Services 75,000 0 -100.00%
Total Revenues $2,514,000 $2,442,000 -2.86%
Expenditures - Salaries and Benefits
  FY 2019 Budget FY 2020 Budget % Change
Prof. & Scientific Salaries $112,966 $110,186 -2.46%
General Services Salaries 1,436,474 1,325,554 -7.72%
Total Salaries and Benefits $1,549,440 $1,435,740 -7.34%
Other Expenditures
  FY 2019 Budget FY 2020 Budget % Change
Supplies and Services $132,010 $132,010 0.61%
Utilites 469,200 544,750 16.10%
Bldg. Repairs 363,350 328,700 -9.54%
Total Other Expenditures $964,560 $1,006,260 4.32%
Total Expenditures $2,514,000 $2,442,000 -2.86%