General Fund Budget Narrative

General Education Fund Summaries

These reports convey additional information about the University of Iowa's General Education Fund, including a presentation of budgeted expenditures by NACUBO (National Association of College and University Business Officers) function and organizational unit.

General Education budget Fund Revenues
RevenuesFY 2024 BudgetFY 2025 Budget% Change
State Appropriations

$218,045,224

$223,496,355

2.50%

Interest

365,000

1,250,000

242.47%

Tuition and Fees

512,431,984

529,197,072

3.27%

Reimbursed Indirect Costs

71,191,542

68,893,870

-3.23%

Other Income

6,000

6,000

0.00%

Total Revenues

$802,039,750

$822,843,297

2.59%

 

General education Fund budget Expenditures - Salaries and Benefits
ExpendituresFY 2024 BudgetFY 2025 Budget% Change
Fac. & Inst. Off. Salaries

$291,486,090

$305,650,780

4.86%

Prof. & Scientific Salaries

188,723,893

200,314,338

6.14%

General Services Salaries

35,615,369

35,797,205

0.51%

Hourly Wages

6,000,000

6,400,000

6.67%

Total Salaries and Benefits

$521,825,352

$548,162,323

5.05%

 

General education fund budget other expenditures
ExpendituresFY 2024 BudgetFY 2025 Budget% Change
Supplies and Services

$59,701,158

$47,602,748

-20.26%

Library Acquisition

18,232,747

17,584,574

-3.55%

Rentals

6,439,677

7084,734

10.02%

Utilities

46,807,762

49,125,190

4.95%

Building Repairs

26,111,733

27,360,733

4.78%

Auditor of State Reimbursement

850,000

850,000

0.0%

Equipment

4,733,206

4,983,471

5.29%

Student Aid

117,338,115

120,089,524

2.34%

Total Other Expenditures

$280,214,398

$274,680,974

-1.97%

Total Expenditures

$802,039,750

$822,843,297

2.59%