Budget and Finance

2007

Budget

Revised

2008

Budget

Variance

Percent

Change

RESOURCES

Sales 696 80 (616) -88.56%

Student Meals - - - -

Housing - - - -

Rentals - 35 35 100.00%

Contracts 508 441 (67) -13.20%

Other 725 1,644 918 126.56%

Miscellaneous Student Fees 9,863 10,060 197 2.00%

Total Resources 11,792 12,259 467 3.96%

EXPENDITURES

Cost of Sales 31 47 17 54.98%

Salaries 3,428 2,264 (1,165) -33.98%

Benefits 949 600 (349) -36.81%

DOE 3,177 3,353 175 5.51%

University Overhead - - - -

Programming 520 250 (270) -51.92%

Total Expenditures 8,105 6,513 (1,592) -19.64%

Mandatory Transfers

Debt Service 13,670 13,681 11 0.08%

Non-Mandatory Transfers

Reserve for Repairs and Renovations 518 - (518) -100.00%

Reserve - Other - - - -

Subsidies to Non-Instructional Activities (3,129) (3,712) (583) 18.62%

Campus Services Overhead 552 426 (126) -22.83%

Other - - - -

Total Expenditures and Transfers 19,716 16,908 (2,808) -14.24%

Net Increase (Decrease) in Fund Balance (7,924) (4,649)

CAMPUS SERVICES AUXILIARY SUMMARY - MainStreet

Comparison of FY 2007 to FY 2008 Budget

(IN THOUSANDS)

• Campus Services Auxiliary - Main Street includes Tangeman University Center/Student Life Center

and Campus Recreation Center.