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 2024 Budget FY 2025 Budget % Change
State Appropriations $9,508,090 $9,559,090 0.54%
Total Revenues $9,508,090 $9,559,090 0.54%
Expenditures - Salaries and Benefits
  FY 2024 Budget FY 2025 Budget % Change
Fac. & Inst. Off. Salaries $3,779,281 $3,416,124 -9.61%
Prof. & Scientific Salaries 2,993,315 3,457,934 15.52%
Hourly Wages 52,224 155,693 198.13%
Total Salaries and Benefits $6,824,820 $7,029,751 3.00%
Other Expenditures
  FY 2024 Budget FY 2025 Budget % Change
Supplies and Services $2,230,318 $1,902,273 -14.71%
Rentals 202,000 46,454 -77.00%
Equipment 60,000 0 -100.00%
Student Aid 190,952 580,612 204.06%
Total Other Expenditures $2,683,270 $2,529,339 -5.74%
Total Expenditures $9,508,090 $9,559,090 0.54%