Financial Summary - Unrestricted Budget History

Revenues
Revenue Categories	FY 2017 Actual	FY 2018 Actual	FY 2019 Actual	FY 2020 Allocation
Tuition and Fees	$49,709,600	$53,493,373	$53,997,972	$56,350,302
State Appropriation	48,936,035	49,709,247	50,528,140	51,998,378
Debt Service - General Obligation	1,643,449	2,082,845	1,904,030	1,898,030
Sales & Service of Educational Activities	3,094,903	3,885,533	3,417,151	3,729,762
Indirect Cost Recovery	674,424	530,589	538,616	612,563
Other Income	972,991	749,545	872,238	805,175
Total Revenues	$105,031,402	$110,451,132	$111,258,147	$115,394,210

Expenditures
Expenditure Categories	FY 2017 Actual	FY 2018 Actual	FY 2019 Actual	FY 2020 Allocation
Salaries & Wages	$59,759,120	$61,576,321	$65,474,813	$68,346,494
Fringes Benefits	20,937,909	21,253,963	22,013,292	22,455,810
Special/Contractual Services	2,131,047	3,587,237	2,554,737	2,641,542
Subtotal Personnel	$82,828,076	$86,417,521	$90,042,842	$93,443,846
Operating Expenses	14,618,964	15,134,045	13,583,613	14,608,423
Capital	1,355,017	2,144,403	1,227,254	694,634
Student Aid	3,784,105	3,867,718	3,696,541	3,943,965
Debt Service - General Obligation	1,643,449	2,082,845	1,904,030	1,898,030
Debt Service - Ameresco	801,791	804,600	803,867	805,312
Total Expenditures	$105,031,402	$110,451,132	$111,258,147	$115,394,210

Surplus/Deficit
All Categories	FY 2017 Actual	FY 2018 Actual	FY 2019 Actual	FY 2020 Allocation
Surplus/Deficit	$-	$-	$-	$-