Educational and General Revenues are used to fund the instructional operations of the university. The elements of cost include: faculty salaries, departmental operating expense, instructional administration, library, organized activities, i.e., farm and ranch operations, special items, research enhancement, general administration and student services, general institutional expense, campus security, staff benefits, and physical plant operations.
Auxiliary Enterprise Funds
Unpledged Auxiliary
Unpledged Auxiliary Revenues are used to fund activities which are separate and apart from the regularly scheduled academic functions of the institution and directly involve or benefit students. Some of the activities are counseling and career services, intercollegiate athletics, student newspaper, band, cheerleaders and drill team, intramural, parking, shuttle bus, pharmacy, health clinic, student center programs, kindergarten, alumni affairs, rodeo team, yearbook, and fine arts productions.
Pledged Auxiliary Enterprise Funds
Pledged Auxiliary Revenues are used to operate those facilities that were constructed through the issuance of revenue bonds, including the payment of the debt service requirements.
Designated Funds
Designated Funds have been internally designated by the governing board to be used for specific purposes. These revenues are used to supplement and/or complement the primary funding source.
Restricted Funds
Restricted Funds- available for current purposes, the use of which has been restricted by outside agencies or persons.
Designated-Unrestricted Gift Funds
Designated-Unrestricted Gift Funds- available for current purposes as designated by the governing board. These funds are used as an enrichment to the on-going operations of the university.