Budget and Finance

2007

Budget

Revised

2008

Budget

Variance

Percent

Change

RESOURCES

Sales 3,581 3,760 178 4.98%

Student Meals 8,248 8,664 416 5.05%

Housing 17,772 18,586 813 4.58%

Rentals - - - -

Contracts 3,359 3,624 265 7.90%

Other 1,393 1,833 440 31.59%

Miscellaneous Student Fees - - - -

Total Resources 34,353 36,466 2,113 6.15%

EXPENDITURES

Cost of Sales 9,260 9,410 150 1.62%

Salaries 3,576 2,949 (626) -17.52%

Benefits 1,481 1,119 (362) -24.42%

DOE 8,941 8,750 (191) -2.14%

University Overhead 1,197 1,227 30 2.53%

Programming 1,592 1,368 (224) -14.05%

Total Expenditures 26,046 24,824 (1,222) -4.69%

Mandatory Transfers

Debt Service 8,885 9,205 320 3.60%

Non-Mandatory Transfers

Reserve for Repairs and Renovations - 300 300 100.00%

Reserve - Other - - - -

Subsidies to Non-Instructional Activities (445) (445) - 0.00%

Internal Campus Services Overhead 1,023 852 (171) -16.71%

Other - 35 35 100.00%

Total Expenditures and Transfers 35,509 34,771 (738) -2.08%

Net Increase (Decrease) in Fund Balance (1,156) 1,695

CAMPUS SERVICES AUXILIARY SUMMARY (excludes MainStreet)

Comparison of FY 2007 to FY 2008 Budget

(IN THOUSANDS)

*Campus Services Auxiliary includes Retail, Food Services, Housing, Faculty Club, Kingsgate, and

Conference Management.