Special Purpose Appropriations
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 (total Special Purpose)
Revenues
| |
FY 2022 Budget |
FY 2023 Budget |
% Change |
|---|
| State Appropriations |
$6,540,917 |
$6,540,917 |
0.00% |
| Total Revenues |
$6,540,917 |
$6,540,917 |
0.00% |
Expenditures - Salaries and Benefits
| |
FY 2022 Budget |
FY 2023 Budget |
% Change |
|---|
| Fac. & Inst. Off. Salaries |
$1,252,322 |
$1,315,948 |
5.08% |
| Prof. & Scientific Salaries |
2,292,846 |
2,457,212 |
7.17% |
| General Services Salaries |
114,676 |
79,473 |
-30.70% |
| Hourly Wages |
36,334 |
80,006 |
120.20% |
| Total Salaries and Benefits |
$3,696,178 |
$3,932,639 |
6.40% |
Other Expenditures
| |
FY 2022 Budget |
FY 2023 Budget |
% Change |
|---|
| Supplies and Services |
$2,468,799 |
$2,212,711 |
-10.37% |
| Rentals |
85,400 |
78,700 |
-7.85% |
| Equipment |
12,000 |
3,000 |
-75.00% |
| Student Aid |
278,540 |
313,867 |
12.68% |
| Total Other Expenditures |
$2,844,739 |
$2,608,278 |
-8.31% |
| Total Expenditures |
$6,540,917 |
$6,540,917 |
0.00% |
