Finance and Administration - Board of Trustees - The University of ...

Finance and Administration Committee - VI. FY 2012 Revised Operating Budget - ActionHealth Science Center - College of MedicineFY 2012 Revised Budget SummaryUnrestricted Current Funds Revenue, Expenditures, and TransfersFY 2011ACTUALFY 2012ORIGINALCHANGEOriginal To RevisedFY 2012REVISED Amount %4EDUCATION AND GENERALRevenuesTuition & Fees $ 17,650,592 $ 21,515,600 $ 21,515,600 $ - 0.0%State Appropriations 51,848,114 43,326,030 44,093,803 767,773 1.8%Grants & Contracts (230,404) 3,620,924 3,622,866 1,942 0.1%Sales & Service 1,444,390 1,551,944 1,696,442 144,498 9.3%Other SourcesTotal Revenues $ 70,712,691 $ 70,014,498 $ 70,928,711 $ 914,213 1.3%Expenditures and TransfersInstruction $ 47,974,552 $ 52,596,505 $ 57,179,017 $ 4,582,512 8.7%Research 2,669,221 459,711 3,758,302 3,298,591 717.5%Public Service 19,801 15,437 16,091 654 4.2%Academic Support 5,050,624 4,460,214 6,028,913 1,568,699 35.2%Student Services 429,627 1,126,134 1,145,812 19,678 1.7%Institutional Support 282,183 308,130 663,484 355,354 115.3%Operation & Maintenance of Plant 396,321 100,000 574,785 474,785 474.8%Scholarships & Fellowships 1,499,092 1,699,000 1,843,910 144,910 8.5%Sub-total Expenditures $ 58,321,422 $ 60,765,131 $ 71,210,314 $ 10,445,183 17.2%Mandatory Transfers (In)/OutNon-Mandatory Transfers (In)/Out 12,391,269 9,249,367 (281,603) (9,530,970) -103.0%Total Expenditures & Transfers $ 70,712,691 $ 70,014,498 $ 70,928,711 $ 914,213 1.3%Fund Balance Addition / (Reduction) - - - -Note: COMU does not carry a fund balance. Any difference between revenues and expenditures are transferred to the MOSU fund balance.38Schedule 15 - COMU124