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 2018 Budget FY 2019 Budget % Change
State Appropriations $2,186,558 $2,134,120 -2.40%
Interest 5,000 5,000 0.00%
Reimbursed Indirect Costs 299,442 299,880 0.15%
Sales and Services 75,000 75,000 0.00%
Total Revenues $2,566,000 $2,514,000 -2.03%
Expenditures - Salaries and Benefits
  FY 2018 Budget FY 2019 Budget % Change
Prof. & Scientific Salaries $112,966 $112,966 0.00%
General Services Salaries 1,475,474 1,436,474 -2.64%
Total Salaries and Benefits $1,588,440 $1,549,440 -2.46%
Other Expenditures
  FY 2018 Budget FY 2019 Budget % Change
Supplies and Services $508,360 $132,010 -74.03%
Rentals 0 0 0.00%
Utilities 469,200 469,200 0.00%
Bldg. Repairs 0 363,350 100.00%
Total Other Expenditures $944,560 $964,560 -1.33%
Total Expenditures $2,566,000 $2,514,000 -2.03%