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 2024 Budget FY 2025 Budget % Change
State Appropriations $2,103,819 $2,103,819 0.00%
Reimbursed Indirect Costs 676,181 676,181 0.00%
Total Revenues $2,780,000 $2,780,000 0.00%
Expenditures - Salaries and Benefits
  FY 2024 Budget FY 2025 Budget % Change
Prof. & Scientific Salaries $160,000 $126,000 -21.25%
General Services Salaries 1,232,000 968,000 -21.43%
Total Salaries and Benefits $1,392,000 $1,094,000 7.41%
Other Expenditures
  FY 2024 Budget FY 2025 Budget % Change
Supplies and Services $202,000 $342,000 69.31%
Utilites 1,034,000 996,000 -3.68%
Bldg. Repairs 152,000 348,000 128.95%
Total Other Expenditures $1,388,000 $1,686,000 21.47%
Total Expenditures $2,780,000 $2,780,000 0.00%