STATEMENT OF CHANGES IN FUND BALANCES

For the Year Ended June 30, 1999
(in thousands)

Current Funds

Plant Funds

Revenues and Other Additions

Unrestricted
Restricted
Loan Funds
Endowment and Similar Funds
Expendable Plant Funds
Retirement of Debt
Investment in Plant

Unrestricted Current Funds Revenues

$ 921,043

$ --

$ --

$ --

$ --

$ --

$ --

State Appropriations

--

16,658

--

--

49,844

5,783

--

Federal Grants and Contracts (Note 13)

--

179,620

--

--

--

--

--

State Grants and Contracts

--

5,273

--

--

--

--

--

Private Gifts, Grants, and Contracts

--

115,748

14

15,437

3,777

--

2,022

Endowment Income

--

20,172

62

--

229

--

--

Interest on Loans Receivable

--

--

766

--

--

--

--

U.S. Government Advances

--

--

36

--

--

--

--

Net Increase (Decrease) in Fair Value of Investments

--

--

--

168,554

(1,949)

--

--

Expended for Plant Facilities (includingm $52,467 charged to Current Funds)

--

--

--

--

--

--

88,221

Retirement of Debt

--

--

--

--

--

--

15,574

Other Sources

--

10,089

83

--

11,501

240

--

Total Revenues and Other Additions

921,043

347,560

961

183,991

63,402

6,023

105,817

 

--

Current Funds

--

--

Plant Funds

Expenditures and Other Deductions

Unrestricted
Restricted
Loan Funds
Endowment and Similar Funds
Expendable Plant Funds
Retirement of Debt
Investment in Plant

Educational and General Expenditures

335,789

300,536

--

--

--

--

--

Auxiliary Enterprises Expenditures

78,115

265

--

--

--

--

--

Medical Center Expenditures

447,365

252

--

--

--

--

--

Indirect Costs Recovered

--

33,091

--

--

--

--

--

Refunded to Grantors

--

666

212

--

777

--

--

Loan Cancellations and Write-Offs

--

--

409

--

--

--

--

Administrative and Collection Costs

--

--

158

--

--

--

--

Expended for Plant Facilities (including $6,507 not capitalized)

--

--

--

--

42,261

--

--

Retirement of Debt

--

--

--

--

--

15,574

--

Interest on Debt

--

--

--

--

--

14,882

--

Retirement of Plant Facilities

--

--

--

--

--

--

21,074

Transfers to Related Foundations

--

224

--

--

150

--

--

Total Expenditures and Other Deductions

861,269

335,034

779

43,188

30,456

21,074




Current Funds

--

--

Plant Funds

Unrestricted
Restricted
Loan Funds
Endowment and Similar Funds
Expendable Plant Funds
Retirement of Debt
Investment in Plant

Mandatory Transfers Among Funds

Debt Service and Other

(32,953)

(3)

3

--

8,401

24,552

--

Non-Mandatory Transfers Among Funds

(To)/From Other Funds

(33,176)

3,820

716

(13,756)

42,396

--

--

Total Transfers Among Funds

(66,129)

3,817

719

(13,756)

50,797

24,552

--

Net Increase/(Decrease) for the Year

Before Extraordinary Loss

(6,355)

16,343

901

170,235

71,011

119

84,743

Extraordinary Loss (Note 4)

--

--

--

--

--

--

(2,926)

Net Increase/(Decrease) for the Year

(6,355)

16,343

901

170,235

71,011

119

81,817

Fund Balances at Beginning of Year (Note 3e)

134,601

102,005

25,662

1,110,328

153,169

416

1,277,593

Fund Balances at End of Year

$ 128,246

$ 118,348

$ 26,563

$ 1,280,563

$ 224,180

$ 535

$ 1,359,410

The accompanying Notes to Financial Statements are an integral part of this statement.