What is the Educational and General (E&G) budget comprised of?
This budget supports the primary missions of instruction, academic and administrative support, and public service. E&G budgets comprise salaries, operations, capital expenditures and debt service.
What revenue sources support the E&G budget?
Tuition and fees, state appropriations, interest income, and miscellaneous income.
What are restricted funds?
These are funds whose revenues are from external sources (i.e., federal, state, gifts, grants). These funds can only be used or spent for the purpose stipulated by the agency, corporation, or donor.
What are auxiliary funds?
These are self-supporting activities that provide services to students, faculty and staff and charge a fee to help cover the costs for those services. Auxiliary enterprise activities include residence halls, dining halls, recreational center, and student union.
What are auxiliary indirect costs?
These are costs that are generally applicable to an auxiliary enterprise that can’t be charged directly and represent a percentage allocation for administrative support costs of the University (i.e., utilities, building maintenance, administrative services such as purchasing, accounting, et alia.)
Can auxiliary dollars or restricted dollars be used to support or subsidize educational and general budget, or vice-versa?
No, by Board policy the auxiliaries cannot support/subsidize E&G funds, nor can E&G funds be used to support auxiliaries. Restricted funds by definition are restricted to a specific purpose stipulated by the agency, corporation, or donor.
What are recurring funds?
Funds that are received on a yearly basis (recurring) from sources such as state appropriation, tuition and fees. These funds support recurring or on-going expenses for salaries and benefits, utility costs, educational supplies, contracts and debt service.
What are non-recurring funds?
Funds that are generally applicable for one year only, for example: one-year grant funds.
Are performance funding monies part of the state appropriation?
Yes, however the allocation formula for distribution is different from our regular state allocation formula.
Can non-recurring funds be used to fund recurring funds?
Using prudent business practices, you should not use short-term monies to pay for long-term expenditures.
Can capital project monies be used to support E&G?
No, capital funds are restricted to capital projects, not general operations.
What expenses are included in the "other" category in the budget documents?
The other expenditure category is made up of expenditures such as: postage, printing, non-capital equipment, non-capital furniture and fixtures (to be capitalized the item must cost more than $5,000.00), honorariums, stipends, speaker fees, cooperating teacher fees, computer supplies, lab supplies, software, maintenance supplies, motor fuel/gasoline, rental/operating leases, bank fees, credit card fees, telephone expenditures, advertising costs, memberships, subscriptions, books, periodicals, food costs, and chancellor office charges.