Transcript Slide 1
FY10 Budget Snapshot budget.missouri.edu MU Funding Sources Fiscal Year 2010 Tuition Supplemental Fees Extension Tuition and Fees Other Student Fees Federal Appropriations State Appropriations Grants and Contracts Recovery of Indirect Costs Gifts, Endowment & Investment Income “Enterprise” Operations* Total Revenue Student Financial Aid (excludes loans) *See the following slide for detail 260,658,698 14.3% 10,054,786 0.6% 17,160,540 0.9% 34,045,697 1.9% 15,349,825 0.8% 257,049,610 14.1% 173,278,944 9.5% 33,500,000 1.8% 63,093,148 3.5% 953,788,453 52.5% 1,817,979,701 105,973,304 “Enterprise” Operations Hospitals & Clinics 582,909,972 61.1% University Physicians 127,929,198 13.4% University Stores 52,368,722 5.5% Residential Life 37,851,079 4.0% Athletics 34,949,254 3.7% Campus Dining 23,286,447 2.4% Veterinary Medicine 15,219,090 1.6% Research Reactor 10,065,336 1.1% Parking 7,765,539 0.8% Agriculture 7,337,661 0.8% College of Education 6,279,526 0.7% KOMU 6,275,000 0.7% Medical Contracted Services 3,815,039 0.4% Continuing Education 3,720,803 0.4% Other < $3M 34,015,787 3.6% 953,788,453 General Operating - $483M • Tuition • State support • Indirect costs from grants and contracts MU Funding Sources Total: $1.8B “Enterprise” Operations- $954M • • • • • Hospitals and Clinics University Physicians Athletics Bookstore Housing and Dining Services General Operating 27% Designated 3% Restricted 18% Restricted- $320M • • • • Restricted appropriations Grant and contracts Gifts Endowment distributions Designated - $61M • Extension Tuition • ITF, Health & Activity fees • College Course fees “Enterprise” Operations 52% MU General Operating Sources Total: $483M General Operations: Core budget for on-campus teaching and support services State Support Indirect Cost Tuition State Support $189M Indirect Cost $34M Tuition $260M Change in General Operating Funding Sources 100% 27% 80% 54% 60% 70% 40% 39% 20% 3% 7% 0% 1990 1995 2000 2005 2010 State Support Falls Short of Inflation 2001-2010 Inflation & Enrollment Adjusted Inflation Adjusted millions 350 325 300 275 250 225 $193M 200 175 150 125 100 75 50 25 0 2001 2002 Actual Received $319M $130M $245M $189M Since 2001: $728M 2003 2004 2005 2006 2007 2008 2009 2010 State Tax Appropriations to Higher Education in Missouri National Comparison* • Increase from 2008 to 2009 was 9.8% – Ranked 3rd among 50 states – Appropriations to MU increased 4.2% Access MO Amount Students Average Award Public $44.1M 30,388 1,451 Private $48.5M 12,892 3,762 • Appropriation per Capita Ranking – 2008 - 47th – 2009 - 45th *Information obtained from the Grapevine Report published by Illinois State University Budget Snapshot budget.missouri.edu