budget.missouri.eduMizzou Budget Facts

Current Funds Budget SourcesFiscal Year 2008

(Includes Extension; Excludes UM Health Care)

*See the following slide for detail.

Tuition (Including Supplemental Fees) 234,002,701 21.1%Extension Tuition and Fees 17,745,500 1.6%Other Student Fees 28,611,003 2.6%Federal Appropriations 13,141,988 1.2%State Appropriations 214,620,990 19.4%Grants and Contracts 172,291,500 15.5%Recovery of F&A 29,844,500 2.7%Gifts 18,048,665 1.6%Endowment & Investment Income 24,657,763 2.2%Sales of Auxiliary & Educational Activities* 327,950,640 29.6%Miscellaneous Revenue 27,594,608 2.5%

Total Revenues 1,108,509,858

Less Student Aid (100,106,254)

TOTAL NET REVENUE: 1,008,403,604

Current Funds BudgetFY08 Sales of Aux/Educ Detail

University Physicians 110,421,662 33.7%University Bookstore 49,576,127 15.1%Residential Life 28,027,195 8.5%Hospital Support 26,714,074 8.1%Athletics 25,981,329 7.9%Campus Dining 20,504,186 6.3%Vet Med (Hospital & RADIL) 15,163,500 4.6%Research Reactor 9,988,000 3.0%TV Station 8,000,000 2.4%Parking 7,038,517 2.1%College of Education 6,858,311 2.1%College of Agriculture 5,775,300 1.8%Miscellaneous Extension 2,491,425 0.8%Multipurpose Auditoriums 2,587,500 0.8%Rec Services 1,646,051 0.5%Other < 1,500,000 7,177,463 2.2%

327,950,640

Change in Key Revenue Sources vs. Financial Aid(Total Current Funds, Including Extension)

2001-2007 Data represent Actual; 2008 Data represents Budget

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50

100

150

200

250

300

2001 2002 2003 2004 2005 2006 2007 2008

In Millions

Total Tuition and Fees

State Appropriations

Total Financial Aid

Operations Fund RevenueFiscal Year 2004-2008(1)

2004 – 2007 represent actual; 2008 represents original budget(1)Excludes Extension(2) See following slide for 2008 detail

2004 2005 2006 2007 2008

Tuition (Incl. Supp) 176,475,210 41% 196,305,533 42% 209,111,367 43% 226,121,043 44% 233,980,54145%

Other Student Fees 19,254,606 4% 23,030,447 5% 26,171,863 5% 26,543,213 5% 26,998,242 5%

Total Student Fees: 195,729,816 219,335,980 235,283,230 252,664,256 260,978,783

State Appropriations 168,343,755 39% 169,851,517 36% 171,601,269 36% 174,861,289 34% 181,766,23435%

Federal Appropriations 5,150,606 1% 5,029,110 1% 5,055,907 1% 3,768,879 1% 4,978,047 1%

Recovery of F&A 25,473,527 6% 25,613,148 5% 25,879,758 5% 28,430,369 6% 28,644,500 5%

Other (2)36,125,222 8% 49,822,411 11% 43,562,507 9% 51,649,331 10% 46,159,073 9%

Total Revenue 430,822,926 469,652,166 481,382,671 511,374,124 522,526,638

Less Student Aid (47,008,691) (51,343,683) (58,124,880) (64,257,610) (63,613,810)

TOTAL NET REVENUE 383,814,235 418,308,483 423,257,791 447,116,514 458,912,828

Operations Fund BudgetOther Revenue (Detail) FY 2008

Hospital Support 17,344,703Ag Experiment Station Sales 2,600,500Med Services for VA 2,533,321Student Life Activities 1,786,012Rec Services 1,674,051Study Abroad 1,281,000Endowment & Investment Income 949,440Concert Series 835,467Engineering Tech Services 800,000Continuing Education 762,700Student Health Center 697,680Logo/Licensing Program 670,000Dairy Farm Enterprises 610,000Health Professions Eldercare 550,500Child Development Lab 540,050Transcript Fee Income 407,499Other < 350,000 12,116,150Grand Total 46,159,073

Tuition45%

Other Student Fees5%

State Appropriations35%

Federal Appropriations1%

Recovery of F&A5%

Other 9%

Operations FundRevenue Sources -- Fiscal Year 2008

TOTAL OPERATIONS: $522,526,638Excludes MU Extension

Expense Breakdown*

*Fiscal Year 2008 Budget. Scholarship expense is not included. Excludes MU Extension.

Expense type Current Funds Operating FundsSalary & Wage 58.5% 62.1%Benefits 14.3% 16.5%Non-Payroll Expenses 27.2% 21.5%

Total 100.0% 100.0%

Operations Fund RevenueState Appropriations vs. Tuition

2001-2008

Does not include MU Extension

0

50

100

150

200

250

2001 2002 2003 2004 2005 2006 2007 2008

In Millions

TuitionState Appropriations

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

2001 2002 2003 2004 2005 2006 2007 2008

TuitionState Appropriations

State Appropriations vs. Tuition% of Total Operations Fund Revenue

2001-2008

Does not include MU Extension

History of State Appropriations2001-2008

(1) National Consumer Price Index calendar year average(2) Extension and Restricted Appropriations (MIMH, MKP, and Alzheimer's) are not included.

(49,478,996)

Appropriations Needed to Keep Up Actual Approp

with Inflation (1) Received (2)

2001 193,016,221 193,016,2212002 198,471,190 169,428,2582003 201,619,006 173,956,9832004 206,195,948 168,343,7552005 211,716,302 169,851,5172006 218,899,300 171,601,2692007 225,960,869 174,861,2902008 231,245,230 181,766,234

Inflationary* Effect on State Appropriations2001-2008

* National Consumer Price Index

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25,000,000

50,000,000

75,000,000

100,000,000

125,000,000

150,000,000

175,000,000

200,000,000

225,000,000

250,000,000

2001 2002 2003 2004 2005 2006 2007 2008

Appropriations Received

Appropriations Adjusted for Inflation

GrapevinePublished by Illinois State University

$ Rank $ Rank

Missouri 878,337 4.55 46 150.33 47

Missouri 2.7% 45 2.0% 50 -9.9% 47 21.3% 42

FY07 Appropriations

(in $1,000s)

Appropriations per $1,000 in Personal

IncomeAppropriations per

Capita

Ranking of States on Appropriations of State Tax Funds for Operating Expenses of Higher Education per $1,000 Personal Income and per Capita, FY07

State Rankings on 1-Year, 2-Year, 5-Year, and 10-Year Percentage Changes in State Tax Appropriations for Higher Education

5-Year % Change

(FY02 to FY07) Rank Rank

1-Year % Change

(FY06 to FY07)

10-Year % Change

(FY97 to FY07)Rank

2-Year % Change

(FY05 to FY07) Rank