12/06/07
NORTHERN MICHIGAN UNIVERSITY
RECOMMENDED GENERAL FUND OPERATING BUDGET
FISCAL YEAR 2007-2008
	2007-2008	2007-2008
	Approved	Recommended
	Budget	Budget	Change		Percent
BUDGET RESOURCES
State appropriation	$45,592,400	$46,171,500	$579,100		1.3%
Tuition and fees	60,269,438	59,909,438	(360,000)		-0.6%
Less:  Scholarships	(9,672,325)	(9,782,925)	(110,600)		1.1%
Subtotal - Net Tuition and fees	50,597,113	50,126,513	(470,600)		-0.9%
Departmental income	505,405	505,405	0		0.0%
Investment income	652,000	652,000	0		0.0%
Carry-over	(1,393,031)	2,825,169	4,218,200		302.8%
RESOURCES	$95,953,887	$100,280,587	$4,326,700		4.5%
BUDGET EXPENDITURES
Personal services	$63,693,098	$63,765,098	$72,000		0.1%
Supplies and services	8,042,762	8,042,762	0		0.0%
Utilities	5,468,189	5,468,189	0		0.0%
Equipment, lease, and library acquisitions	7,876,041	7,876,041	0		0.0%
Transfers:
Debt service	3,180,793	3,180,793	0		0.0%
Administrative Information Technologies	2,745,679	2,745,679	0		0.0%
Intercollegiate Athletics	2,213,950	2,213,950	0		0.0%
Facilities maintenance	1,437,800	1,474,300	36,500		2.5%
Intramural Recreational Services	903,547	903,547	0		0.0%
Other	731,846	731,846	0		0.0%
Learning Resources	613,154	613,154	0		0.0%
NMU Foundation	390,714	390,714	0		0.0%
Public Radio and Television	250,000	250,000	0		0.0%
USOEC	174,480	174,480	0		0.0%
Reserves:
University operating reserves	1,479,313	1,479,313	0		0.0%
Division reserves	45,251	45,251	0		0.0%
Overhead reimbursement:
Auxiliary Services	(985,048)	(985,048)	0		0.0%
Off campus and summer session	(731,651)	(731,651)	0		0.0%
Indirect cost recoveries	(183,000)	(183,000)	0		0.0%
Carry-over
Departmental	736,467	736,467	0		0.0%
Obligated by contractual commitments	568,191	568,191	0		0.0%
Budgeted for subsequent fiscal year	(2,697,689)	1,520,511	4,218,200		156.4%
EXPENDITURES	$95,953,887	$100,280,587	$4,326,700		4.5%