The Budget Office has many responsibilities including:
An account is usually made up of three identifiable numbers:
It is the combination of Fund Center/Fund/Funded Program that make up a unique account. You may have multiple accounts for different functions and expenses.
Method of Finance is the name of a certain group of funds that are funded primarily by appropriations and tuition (both statutory and designated). Accordingly, Method of Finance excludes accounts funded by other fees, income generated from sales and services, or restricted gifts and grants.
Method of Finance also includes the Designated Method fund (20000110XX). The operating lines (student wages, travel, maintenance & operations, and capital) for most Method fund centers have been budgeted in Designated Method. Transfers between an E&G Method account and a Designated Method account must be initiated (pre-posted) by the Budget Office.
That depends upon how “budget” is defined.
Plant funds are not part of the operating budget either, since they are not spent on current operations. Even so, the annual funding for capital improvements is an important use of current funds so transfers for capital improvements are included in the operating budget. Include this amount if your definition of "budget" includes capital expenditures.
| Revenues and Expenditures for Fiscal Year 2010 | ||
| per Original Operating Budget | ||
| Does Not Include Gifts and Grants | ||
| Revenues | % | |
| Tuition & Registration Fees | $194,878,832 | 47% |
| Appropriations for Operations | $80,550,842 | 19% |
| Appropriations for Benefits | $20,219,779 | 5% |
| Appropriations for Capital Improvement | $31,984,176 | 8% |
| Sales and Services | $77,472,844 | 19% |
| Other | $10,624,000 | 3% |
| TOTAL | $415,730,473 | 100% |
| Expenses & Capital Improvements | % | |
| Faculty Salaries | $82,854,079 | 20% |
| Staff Salaries | $98,071,350 | 24% |
| Benefits | $44,406,606 | 11% |
| Utilities | $24,518,925 | 6% |
| Financial Aid | $23,557,957 | 6% |
| Capital Improvements | $51,160,476 | 12% |
| Other (Operating) | $91,161,080 | 22% |
| TOTAL | $415,730,473 | 100% |


Copies of the detailed Salary Report are available in the Alkek Library and the Faculty Senate office.



