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%