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Org. age Ohio . 711 - The Ohio State University

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68<br />

Financial Report<br />

<strong>The</strong> financial outlook for the College of<br />

Pharmacy remains strong. <strong>The</strong> decreased<br />

funds available from state instructional<br />

support for higher education are<br />

counterbalanced by revenues from<br />

increases in student enrollment,<br />

tuition, extramural research<br />

funding, and development. In<br />

FY2006, our overall<br />

expenditures from all funds<br />

were approximately $21.3<br />

million, with the majority<br />

of the expenditures in the<br />

categories of general funds<br />

and sponsored research.<br />

Approximately 88% of the<br />

general funds expenses are<br />

related to personnel (salaries,<br />

benefits, graduate student fee<br />

authorizations).<br />

Endowment &<br />

Development<br />

7%<br />

Private Grants<br />

& Contracts<br />

4%<br />

Sponsored<br />

Research<br />

28%<br />

FY2006 Expenditures<br />

Sales &<br />

Services<br />

1%<br />

FY2006 General Funds (PBA) Expenditures<br />

Fee Authorization<br />

13%<br />

Supplies &<br />

Services<br />

9%<br />

Startup<br />

7%<br />

Benefits<br />

15%<br />

$12.98 M<br />

Salaries<br />

56%<br />

approximately 88% in personnel<br />

Total = $21.3 M<br />

General Funds<br />

60%

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