Restricted Funds Budget Narrative
| Revenues | FY 2025 Budget | FY 2026 Budget | % Change |
|---|---|---|---|
| State Appropriations |
|
|
|
| Other (Capital) | $3,000,000 | $3,000,000 |
|
| Other (Innovation) | $1,050,000 | $12,632,700 | -2.29% |
| Other (Resource Ctrs.) | $268,297 | $1,050,000 | 0.00% |
| Other (Ia Geological Survey) | $945,000 | $268,297 | 0.00% |
| Other (Tuition Replacement) | $12,929,013 | $695,000 | -26.46% |
| Federal Support | $369,945,109 | $330,616,395 | -10.63% |
| Intra State Receipts | $211,801,729 | $(41,502,503) |
|
| Interest | $57,694,263 | $105,651,663 | 83.12% |
| Bonds & Loans | $82,500,000 | $387,655,000 | 369.88% |
| Tuition and Fees | $92,387,130 | $89,581,972 | -3.04% |
| Reimbursed Indirect Costs | $30,165,602 | $30,822,594 | 2.18% |
| Sales and Services | $1,041,213,392 | $1,174,328,917 | 12.78% |
| Other Income | $251,565,981 | $305,313,631 | 21.37% |
| Total Revenues | $2,155,465,516 | $2,400,113,666 | 11.35% |
| Expenditures | FY 2025 Budget | FY 2026 Budget | % Change |
|---|---|---|---|
| Fac. & Inst. Off. Salaries | $527,185,182 | $513,813,692 | -2.54% |
| Prof. & Scientific Salaries | $484,445,898 | $494,809,214 | 2.14% |
| General Services Salaries | $53,159,451 | $53,349,460 | 0.36% |
| Hourly Wages | $37,331,965 | $43,714,004 | 17.10% |
| Total Salaries and Benefits | $1,102,122,496 | $1,105,686,370 | 0.32% |
| Expenditures | FY 2025 Budget | FY 2026 Budget | % Change |
|---|---|---|---|
| Supplies and Services | $491,566,974 | $565,697,092 | 15.08% |
| Library Acquisition | $122,000 | $551,832 | 352.32% |
| Rentals | $18,578,423 | $17,341,875 | -6.66% |
| Utilities | $14,035,275 | $14,897,964 | 6.15% |
| Building Repairs | $11,803,307 | $14,135,945 | 19.76% |
| Equipment | $142,960,852 | $127,004,876 | -11.16% |
| Student Aid | $89,538,597 | $96,040,249 | 7.26% |
| Debt Service | $111,806,931 | $138,296,838 | 23.69% |
| Plant Capital | $172,930,661 | $320,460,625 | 85.31% |
| Total Other Expenditures | $1,053,343,020 | $1,294,427,296 | 22.89% |
| Total Expenditures | $2,155,465,516 | $2,400,113,666 | 11.35% |