General Fund Revenue and Expenditure Projections
General Fund Revenue Projections ($ millions)
| Revenues | FY 2023-24 | FY 2024-25 |
|---|---|---|
| Approved Budget | Preliminary Est. | |
| Student Tuition and Fees | $1,137,900,000 | $1,137,900,000 |
| State Appropriations | $318,900,000 | $318,900,000 |
| Departmental Activities | $3,200,000 | $3,200,000 |
| Facilities and Admin Cost Recovery | $106,900,000 | $106,900,000 |
| Other Revenues | $29,300,000 | $29,300,000 |
| Total Estimated Revenues | $1,596,200,000 | $1,596,200,000 |
Note: FY 2023-24 amounts are based on budget approved by Board of Trustees in June 2023. FY 2024-25 amounts are for planning purposes only, are subject to change, and have not been approved by the Board of Trustees.
General Fund Expenditure Projections ($ millions)
| Expenditures | FY 2023-24 | FY 2024-25 |
|---|---|---|
| Approved Budget | Preliminary Est. | |
| Student Financial Aid | $236,700,000 | $236,700,000 |
| Salaries & Benefits | $1,050,300,000 | $1,050,300,000 |
| Supplies, Services, & Operations | $286,700,000 | $286,700,000 |
| Debt Service | $22,500,000 | $22,500,000 |
| Total Estimated Expenditures | $1,596,200,000.0 | $1,596,200,000.0 |
Note: FY 2023-24 amounts are based on budget approved by Board of Trustees in June 2023. FY 2024-25 amounts are for planning purposes only, are subject to change, and have not been approved by the Board of Trustees.