Budget Detail
| Expense Type | Budget Category | 2015-16 Initial Budget (A) |
2015-16 Revised Budget (B) |
2015-16 Actuals (C) |
2016-17 Initial Budget (D) |
2015-16 Revised Budget to 2015-16 Actuals Variance (B-C) |
2016-17 Initial Budget to 2015-16 Actuals Variance (D-C) |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| General Fund Allocation | - | - | - | - | - | - | |
| Reimbursed Release Time - NR101 | - | - | - | - | - | - | |
| Indirect Cost Recovery - Overhead Distribution | - | - | - | - | - | - | |
| Total Revenue Allocation | - | - | - | - | - | - | |
| Expenditures | |||||||
| Salaries | 4,326,680 | 4,686,009 | 4,710,961 | 4,428,777 | -24,952 | -282,184 | |
| Reimbursed Release Time | - | - | - | - | - | - | |
| Total Salaries and Reimbursed Release Time | 4,326,680 | 4,686,009 | 4,710,961 | 4,428,777 | -24,952 | -282,184 | |
| Operating Expenses | 3,504,768 | 860,204 | 852,393 | 3,451,598 | 7,811 | 2,599,205 | |
| Total Expenditures (not including Benefits) | 7,831,448 | 5,546,213 | 5,563,354 | 7,880,375 | -17,141 | 2,317,021 | |
| Benefits* | - | 2,247,544 | 2,247,544 | 2,124,169 | - | -123,376 | |
| Total Expenditures and Benefits: | 7,831,448 | 7,793,757 | 7,810,898 | 10,004,543 | -17,141 | 2,193,645 | |
| Results of Operations | |||||||
| Transfers To | - | - | - | - | - | - | |
| Transfers From | - | - | - | - | - | - | |
| Total Funding Transfers To/(From) | - | - | - | - | - | - | |
| Total Expenses and Funding Transfers | 7,831,448 | 7,793,757 | 7,810,898 | 10,004,543 | -17,141 | 2,193,645 |
*Benefits are budgeted centrally and then allocated throughout the year. The benefit amount reflected in the 16-17 Budget Column is a projected figure.
By Account Descriptions
| Account Types | 2015-16 Revised Budget (B) |
2015-16 Actuals (C) |
2016-17 Initial Budget (D) |
2015-16 Revised Budget to 2015-16 Actuals Variance (B-C) |
2016-17 Initial Budget to 2015-16 Actuals Variance (D-C) |
Open PO's | Open REQ's |
|---|---|---|---|---|---|---|---|
| MPP Salaries | 205,908 | 205,908 | 264,372 | - | 58,464 | ||
| Staff Salaries | 2,716,646 | 2,744,635 | 2,582,602 | -27,989 | -162,033 | ||
| T/TT Faculty Salaries | 1,667,809 | 1,664,771 | 1,486,157 | 3,038 | -178,614 | ||
| Department Chair | 95,646 | 95,646 | 95,646 | - | - | ||
| Operating Expenses | 712,904 | 707,223 | 1,151,598 | 5,681 | 444,375 | - | |
| Transfer out | 2,300,000 | - | 2,300,000 | ||||
| Library Total | 5,398,913 | 5,418,183 | 7,880,375 | -19,270 | 2,462,192 | - |
2015‐16 Budget Initial Budget is not reflected due to changes in the budget structure.