| |
|
| Fiscal Year 2007 Budget |
| Revenue |
|
FY07 BUDGET 8300
FTE'S-7.04% TUITION
& 7.07% FEE
INCREASE |
| State Appropriations: |
|
| Base: |
43,180,000 |
| Plus to Base: Science, Tech, & Math Teachers |
750,000 |
| Reduction to Base: |
(4,287,000) |
| Total State Appropriations |
39,643,000 |
| Salary Program |
0 |
| Total State Funding |
39,643,000 |
| Tuition-Kean |
61,249,823 |
| Fees-Kean (Credit) |
24,125,212 |
| Fees-Kean (Non-Credit) |
1,545,000 |
| Tuition-Ocean County College |
815,500 |
| Fees-Ocean County College |
432,215 |
| Kean Foundation-Library Addition |
860,000 |
| All Other Revenue |
5,685,150 |
| Total University Revenue |
94,712,900 |
| Prior Year Fund Balance |
6,497,012 |
| TOTAL REVENUE |
140,852,912 |
| |
|
| Expenditures & Transfers |
| |
FY2007 ESTIMATE |
| Material & Supplies |
10,773,335 |
| Services |
12,056,212 |
| Maintenance & Fixed Charges |
2,867,000 |
Special Purpose
|
588,077 |
| Equipment & Improvements |
2,351,262 |
| Science & Technology Education |
826,732 |
| Science, Technology & Mathematics Teachers |
750,000 |
| Science & Technology Scholarships |
327,510 |
| Teacher Preparation |
580,000 |
| Emerging Needs (J.C.) |
180,000 |
| Miscellaneous |
|
 |
Book Vouchers |
147,800 |
| |
Administrative Bank Charges |
25,000 |
| |
Bad Debt Expense |
450,000 |
| |
Sick Leave Liability |
218,900 |
| |
Vacation Leave Liability |
162,400 |
|
| Salaries |
|
|
Salary-Others |
3,131,070 |
| |
Regular |
72,326,643 |
| |
Adjunct |
8,647,984 |
| |
Overtime/Snow Removal |
657,800 |
| |
Overload |
1,545,970 |
|
| Benefits |
3,505,750 |
| Stipends & Waivers & Scholarships |
4,965,695 |
| Improvements |
|
|
Theatre Roof Repair & Flyover
Space |
0 |
| |
Repair & Restriping Parking Lots |
200,000 |
| |
Library Renovations |
0 |
| |
University House & Guest Cottage Renovations |
0 |
| |
Repair Inside Science Building |
0 |
| |
East Campus Pathway |
0 |
| |
Quality First Initiatives |
100,000 |
|
| Total Expenditures |
127,385,140 |
| Debt Service |
|
|
Equipment Leasing Fund |
128,760 |
| |
Library |
0 |
| |
Infrastructure |
479,696 |
| |
Campus Beautification |
467,562 |
| |
Athletic Field |
641,398 |
| |
Academic Building |
268,304 |
| |
Capital Improvement Fund |
618,952 |
| |
Downs Hall |
694,726 |
| |
Series 2005B |
218,050 |
| |
CAS & Others |
5,735,840 |
|
| Total Debt Service |
7,057,016 |
| Capital Projects |
2,874,526 |
| Capital Project-Library Addition |
860,000 |
| Maintenance Reserve Fund: |
|
|
Academic Building |
168,344 |
|
| Mandatory Transfers |
311,614 |
| TOTAL EXPENDITURES & TRANSFERS |
140,852,912 |
| Net Operating Results |
0 |
|
|
