For the Year Ended June 30, 1998
With Comparative figures for 1997
(in thousands)
|
|
Year Ended June 30, 1998 | Year Ended June 30, 1997 | ||
|
|
Unrestricted | Restricted | Total | Total |
|
Revenues |
||||
|
Student Tuition and Fees |
$ 148,779 |
$ 8,976 |
$ 157,755 |
$ 152,607 |
|
State Appropriations -- Medical Center |
-- |
-- |
-- |
723 |
|
State Appropriations -- Academic Operations |
121,304 |
15,555 |
136,859 |
117,962 |
|
Federal Grants and Contracts (Note 13) |
27,426 |
144,219 |
171,645 |
159,397 |
|
State Grants and Contracts |
129 |
4,143 |
4,272 |
4,235 |
|
Local Grants and Contracts |
14 |
2 |
16 |
-- |
|
Private Gifts, Grants, and Contracts |
19,129 |
84,367 |
103,496 |
103,573 |
|
Endowment Income |
9,860 |
24,535 |
34,395 |
29,554 |
|
Sales and Services of Educational Departments |
5,994 |
-- |
5,994 |
6,547 |
|
Sales and Services of Auxiliary Enterprises |
93,370 |
-- |
93,370 |
84,526 |
|
Sales and Services of Medical Center |
458,320 |
-- |
458,320 |
423,832 |
|
Other Sources |
19,702 |
217 |
19,919 |
18,733 |
|
Total Revenues |
904,027 |
282,014 |
1,186,041 |
1,101,689 |
|
Expenditures and Mandatory Transfers |
||||
|
Educational and General |
||||
|
Instruction |
140,423 |
47,409 |
187,832 |
180,584 |
|
Research |
19,187 |
110,373 |
129,560 |
117,512 |
|
Public Service |
6,649 |
16,667 |
23,316 |
22,440 |
|
Academic Support |
65,606 |
7,651 |
73,257 |
68,684 |
|
Student Services |
16,206 |
709 |
16,915 |
16,385 |
|
Institutional Support |
40,236 |
45 |
40,281 |
32,738 |
|
Operation and Maintenance of Plant |
28,851 |
196 |
29,047 |
28,627 |
|
Scholarships and Fellowships (Note 13) |
16,472 |
98,317 |
114,789 |
110,823 |
|
Total Educational and General Expenditures |
333,630 |
281,367 |
614,997 |
577,793 |
|
Mandatory Transfers for Debt Service and Other |
5,082 |
5 |
5,087 |
5,503 |
|
Total Educational and General Expenditures and Mandatory Transfers |
338,712 |
281,372 |
620,084 |
583,296 |
|
Auxiliary Enterprises |
||||
|
Operating Expenditures |
71,610 |
368 |
71,978 |
66,665 |
|
Mandatory Transfers for Debt Service |
6,931 |
-- |
6,931 |
7,485 |
|
Total Auxiliary Enterprises Expenditures and Mandatory Transfers |
78,541 |
368 |
78,909 |
74,150 |
|
Medical Center |
||||
|
Operating Expenditures |
427,661 |
274 |
427,935 |
397,542 |
|
Mandatory Transfers for Debt Service |
21,784 |
-- |
21,784 |
21,660 |
|
Total Medical Center Expenditures and Mandatory Transfers |
449,445 |
274 |
449,719 |
419,202 |
|
|
||||
|
Total Expenditures and Mandatory Transfers |
866,698 |
282,014 |
1,148,712 |
1,076,648 |
|
Other Transfers and Additions/(Deductions) |
||||
|
Excess of Restricted Receipts over Transfers to Revenues |
-- |
4,893 |
4,893 |
6,274 |
|
Refunded to Grantors |
-- |
(29) |
(29) |
(20) |
|
Transfers to Related Foundations |
-- |
(215) |
(215) |
(220) |
|
Non-Mandatory Transfers |
||||
|
(To)/From Endowment and Similar Funds |
(9,837) |
3,960 |
(5,877) |
(10,182) |
|
(To)/From Loan Funds |
-- |
(312) |
(312) |
(316) |
|
(To)/From Plant Funds |
(27,362) |
(1,589) |
(28,951) |
(30,611) |
|
Total Other Transfers and Additions/(Deductions) |
(37,199) |
6,708 |
(30,491) |
(35,075) |
|
Net Increase/(Decrease) in Fund Balances |
$ 130 |
$ 6,708 |
$ 6,838 |
$ (10,034) |
The accompanying Notes to Financial Statements are an integral part of this statement.