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Mission Statement - Student Union, Inc.

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2006-2007 Annual ReportFiscal Year 2005-2006Fiscal Year 2005–2006Revenue: $9,384,616 (<strong>Inc</strong>ludes all <strong>Student</strong> <strong>Union</strong> Fees Collected)Balance of <strong>Student</strong> <strong>Union</strong> Fees Collectedfor Bond Debt25%<strong>Student</strong> <strong>Union</strong> Fees(Returned for Operations)46%Investment <strong>Inc</strong>ome3%Service Fees4%Reimbursementof Event Costs4%Rental <strong>Inc</strong>ome16%Commissions&Other2%Expenses: $8,543,591 (<strong>Inc</strong>ludes Local Reserve Projects and Bond Debt Expenses)Bond Debt Expenses28%Local ReserveProjects*9%Wages & Benefits(Staff)24%Utilities8%Insurance2%Operations22%Wages & Benefits(<strong>Student</strong>s)7%* <strong>Inc</strong>ludes $110,493 capitalized leasehold improvements and equipment.<strong>Student</strong> <strong>Union</strong>, <strong>Inc</strong>. San José State University8 | 9

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