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 2021 Budget FY 2022 Budget % Change
State Appropriations $5,937,518 $6,540,917 10.16%
Total Revenues $5,937,518 $6,540,917 10.16%
Expenditures - Salaries and Benefits
  FY 2021 Budget FY 2022 Budget % Change
Fac. & Inst. Off. Salaries $1,191,269 $1,252,322 5.13%
Prof. & Scientific Salaries 2,060,967 2,292,846 11.25%
General Services Salaries 122,258 114,676 -6.20%
Hourly Wages 48,709 36,334 -25.41%
Total Salaries and Benefits $3,423,203 $3,696,178 7.97%
Other Expenditures
  FY 2021 Budget FY 2022 Budget % Change
Supplies and Services $2,302,040 $2,468,799 7.24%
Rentals 73,000 85,400 16.99%
Equipment 3,000 12,000 300.00%
Student Aid 136,275 278,540 104.40%
Total Other Expenditures $2,514,315 $2,844,739 13.14%
Total Expenditures $5,937,518 $6,540,917 10.16%