September 13-14 - Nebraska State College System

6/7/07 Board Meeting Minutes
REVISED DISTRIBUTION OF FUNDS 2006-07
Adjustments since Initial Approval
Revisions as of June 7, 2007 CSC PSC WSC SO Total
General Funds - LB 317 Deficit Appropriations
CSC Fire Losses 24,128 24,128
PSC LB1100 Depreciation - Administration
Bldg. 11,150 11,150
WSC DOC Charges - new phone system 63,412 63,412
Transfer of SSC project to Capital Construction (132,450) (132,450)
Total General Fund Adjustments 24,128 11,150 (69,038) (33,760)
Cash Fund Adjustments - Board action
- approved September 15, 2006 100,000 0 81,000 181,000
- approved April 13, 2007 0 144,000 0 144,000
Total Cash Fund Adjustments 100,000 144,000 81,000 325,000
Total Gen./Cash Adjustments 124,128 155,150 11,962 0 291,240
Revolving Fund adjustment approved 6/2/2006 0 0 266,461 0 266,461
Revolving Fund adjustment approved
9/15/2006 0 40,104 0 0 40,104
Total Revolving Fund Adjustments 0 40,104 266,461 0 306,565
2006-07 Revised Totals
General Funds 14,205,835 8,147,890 17,514,189 1,098,707 40,966,621
Cash Funds (est.)* 6,270,511 5,073,919 10,621,057 0 21,965,487
Subtotal 20,476,346 13,221,809 28,135,246 1,098,707 62,932,108
Federal Funds (est.)* 7,548,000 4,866,090 3,166,133 0 15,580,223
Revolving Funds (est.) 2,375,601 745,382 3,395,633 0 6,516,616
All Funds Total 30,399,947 18,833,281 34,697,012 1,098,707 85,028,947
*Cash funds do not include NSG funds from the CCPE or NDE Attracting Excellence in Teaching funds
**Federal Fund amounts are original budgets -- increased by colleges throughout the year based on authorizations
Approve Distribution of Operations Appropriations for Fiscal Year 2007-08
A motion to approve the distribution of operations appropriations for fiscal year 2007-08 was
recommended by the committee to the full Board, which unanimously approved the motion. Voting
aye: Bieganski, Christensen, Kosman, Peterson, Roskens, Teahon, and Vrtiska. Voting nay: None.
Student Opinion aye: Harmon, Myers, and Thompson.
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