12/06/07
NORTHERN MICHIGAN UNIVERSITY
RECOMMENDED GENERAL FUND OPERATING BUDGET
EXPLANATION OF BUDGET CHANGES
FISCAL YEAR 2007-2008
		Change
BUDGET RESOURCES
State appropriation		$579,100
Tuition and fees (winter enrollment adjustment)		(360,000)
Less:  Scholarships
Indian tuition waiver	($130,600)
Adjustment for winter enrollment	20,000
Subtotal-Scholarships		(110,600)
Carry-over (receipt of FY07 delayed appropriation payment)		4,218,200
RESOURCES		$4,326,700
BUDGET EXPENDITURES
Personal services (faculty/retention/recruitment staffing)		$72,000
Facilities maintenance (long-term facilities maintenance funds; $2.5 million goal)		36,500
Carry-over
Budgeted for subsequent fiscal year (receipt of FY07 delayed appropriation payment)		4,218,200
EXPENDITURES		$4,326,700