09/20/07
NORTHERN MICHIGAN UNIVERSITY
RECOMMENDED GENERAL FUND OPERATING BUDGET
FISCAL YEAR 2007-2008
	2006-2007	2007-2008
	Approved	Recommended
	Budget	Budget	Change		Percent
BUDGET RESOURCES
State appropriation	$46,399,400	$45,592,400	($807,000)		-1.7%
Tuition and fees	56,710,236	60,269,438	3,559,202		6.3%
Less:  Scholarships	(9,036,972)	(9,672,325)	(635,353)		7.0%
Subtotal - Net Tuition and fees	47,673,264	50,597,113	2,923,849		6.1%
Departmental income	471,405	505,405	34,000		7.2%
Investment income	427,000	652,000	225,000		52.7%
Carry-over	1,049,934	(1,393,031)	(2,442,965)		-232.7%
RESOURCES	$96,021,003	$95,953,887	($67,116)		-0.1%
BUDGET EXPENDITURES
Personal services	$60,192,268	$63,693,098	$3,500,830		5.8%
Supplies and services	8,795,500	8,042,762	(752,738)		-8.6%
Utilities	5,668,189	5,468,189	(200,000)		-3.5%
Equipment, lease, and library acquisitions	7,847,411	7,876,041	28,630		0.4%
Transfers:
Debt service	3,302,793	3,180,793	(122,000)		-3.7%
Administrative Information Technologies	2,677,664	2,745,679	68,015		2.5%
Intercollegiate Athletics	1,965,724	2,213,950	248,226		12.6%
Facilities maintenance	1,297,800	1,437,800	140,000		10.8%
Intramural Recreational Services	878,001	903,547	25,546		2.9%
Other	731,506	731,846	340		0.0%
Learning Resources	580,546	613,154	32,608		5.6%
NMU Foundation	378,983	390,714	11,731		3.1%
Public Radio and Television	250,000	250,000	0		0.0%
USOEC	78,480	174,480	96,000		122.3%
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	(753,709)	(985,048)	(231,339)		30.7%
Off campus and summer session	(261,651)	(731,651)	(470,000)		179.6%
Indirect cost recoveries	(183,000)	(183,000)	0		0.0%
Carry-over
Departmental	750,870	736,467	(14,403)		-1.9%
Obligated by contractual commitments	299,064	568,191	269,127		90.0%
Budgeted for subsequent fiscal year	0	(2,697,689)	(2,697,689)		n/a
EXPENDITURES	$96,021,003	$95,953,887	($67,116)		-0.1%