| |
|
| Kean University FY2009 Estimated Budget |
| Revenue |
| |
FY09 ESTIMATE-8600 FTE'S(EXCLUDES OCC) 7.9% TUITION AND FEES INCREASE |
| State Appropriations: |
| Base |
$37,350,000 |
| Plus to Base : Science, Tech, & Math Teachers |
|
| Plus to Base : Liberty Hall Museum |
750,000 |
| Total State Appropriations |
$38,100,000 |
| Salary Program |
1,387,500 |
| Total State Funding |
$39,487,500 |
| Tuition-Kean |
72,043,447 |
| Fees-Kean (Credit) |
29,582,745 |
| Fees-Kean (Non-Credit) |
1,545,000 |
| Tuition-Ocean County College |
1,912,181 |
| Fees-Ocean County College |
861,260 |
| All Other Revenue |
5,268,900 |
| Total University Revenue |
$111,213,533 |
| TOTAL REVENUE |
$150,701,033 |
| |
| Expenditures & Transfers |
| |
FY2009 ESTIMATE |
| Material & Supplies |
$13,422,616 |
| Services |
11,425,430 |
| Maintenance & Fixed Charges |
2,296,151 |
| Special Purpose |
585,000 |
| Equipment & Improvements |
2,116,001 |
| Science & Technology Education |
842,000 |
| Science, Technology & Mathematics Teachers |
787,500 |
| Science & Technology Scholarships |
442,500 |
| Teacher Preparation |
580,000 |
| Emerging Needs ( J.C.) |
180,000 |
| Liberty Hall |
750,000 |
| Book Vouchers |
100,000 |
| Administrative Bank Charges |
45,000 |
| Bad Debt Expense |
450,000 |
| Sick Leave Liability |
229,900 |
| Vacation Leave Liability |
170,500 |
| Salaries |
| Salary-Others |
2,893,367 |
| Regular |
76,265,234 |
| Adjunct |
11,600,000 |
| Overtime/Snow Removal |
1,154,000 |
| Overload |
1,787,500 |
| Benefits |
3,948,800 |
| Stipends, Waivers & Scholarships |
4,562,400 |
| Improvements |
|
| Campus Improvements |
1,000,000 |
| Quality First Initiatives |
100,000 |
| Total Expenditures |
$137,733,899 |
| Debt Service |
| Equipment Leasing Fund |
315,000 |
| Series 2007 |
6,600,000 |
| Capital Improvement Fund |
617,900 |
| Series 2005B |
1,544,700 |
| CAS & Others |
626,000 |
| Total Debt Service |
$9,703,600 |
| Capital Projects |
2,951,534 |
| Mandatory Transfers |
312,000 |
| TOTAL EXPENDITURES & TRANSFERS |
$150,701,033 |
| Net Operating Results |
$0 |
|
