9/20/2007
NORTHERN MICHIGAN UNIVERSITY
2007-2008 RECOMMENDED DESIGNATED FUND BUDGET
		2006-2007		2007-2008
		Approved		Recommended
		Budget		Budget		Change	Percent
RESOURCES
Gifts, Grants & Bequests		$555,005		$500,991		($54,014)	-9.7%
Fees		2,899,390		$3,549,400		650,010	22.4%
Services		3,140,131		$3,408,493		268,362	8.5%
Interest Income		162,000		$162,000		0	0.0%
Carry-Over		15,580,287		$17,341,498		1,761,211	11.3%
	RESOURCES	$22,336,813		$24,962,382		$2,625,569	11.8%
EXPENDITURES
Personal Services		$9,413,027		$10,177,819		$764,792	8.1%
Supplies, Materials & Services		4,990,768		$5,637,276		646,508	13.0%
Equipment		82,086		$116,635		34,549	42.1%
Internal Revenue		(2,242,303)		($2,343,731)		(101,428)	4.5%
Transfers		(5,619,964)		($6,122,827)		(502,863)	8.9%
Contingency		132,912		$155,712		22,800	17.2%
Departmental Carry-Over		15,580,287		$17,341,498		1,761,211	11.3%
	EXPENDITURES	$22,336,813		$24,962,382		$2,625,569	11.8%