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 2026 BudgetFY 2027 Budget% Change
State Appropriations

$223,496,355 

$223,496,355 

0.00%

Interest

$1,781,700

$2,250,000

26.28%

Tuition and Fees

$580,815,089

$602,050,177

3.66%

Reimbursed Indirect Costs         

$65,097,128 

$65,391,124

0.45%

Other Income

$6,000 

$7,700

28.33%

Total Revenues           

$871,196,272 

$893,195,356 

2.53%

 

General education Fund budget Expenditures - Salaries and Benefits
ExpendituresFY 2026 BudgetFY 2027 Budget% Change
Fac. & Inst. Off. Salaries

$311,956,266

$325,177,422 

4.24%

Prof. & Scientific Salaries

$216,889,018

$218,730,840 

0.85%

General Services Salaries

$35,492,310

$35,797,170 

0.86%

Hourly Wages

$6,600,000

$6,500,000 

-1.52%

Total Salaries and Benefits        

$570,937,594 

$586,205,432 

2.67%

 

GENERAL EDUCATION FUND BUDGET OTHER EXPENDITURES 
ExpendituresFY 2026 BudgetFY 2027 Budget% Change
Supplies and Services

$67,712,670

$69,148,582 

2.12%

Library Acquisition

$11,941,537

$11,665,000 

-2.32%

Rentals

$8,696,580

$7,406,586 

-14.83%

Utilities

$52,518,467

$54,750,809 

4.25%

Building Repairs

$29,613,733

$35,278,833 

19.13%

Auditor of State Reimbursement

$950,000

$950,000 

0.00%

Equipment

$4,381,180

$2,375,000 

-45.79%

Student Aid

$124,444,511

$125,415,114 

0.78%

Total Other Expenditures

$300,258,678 

$306,989,924 

2.24%

Total Expenditures

$871,196,272 

$893,195,356 

2.53%