STATEMENT OF CURRENT FUNDS REVENUES, EXPENDITURES, AND OTHER CHANGES

For the Year Ended June 30, 1999 With Comparative figures for 1998
(in thousands)

Year Ended June 30, 1999
Year Ended June 30, 1998

Unrestricted
Restricted
Total
Total

Revenues

Student Tuition and Fees

$ 157,360

$ 9,850

$ 167,210

$ 157,755

State Appropriations -- Academic Operations

128,485

16,585

145,070

136,859

Federal Grants and Contracts (Note 13)

29,069

149,887

178,956

171,645

State Grants and Contracts

195

5,041

5,236

4,272

Local Grants and Contracts

33

--

33

16

Private Gifts, Grants, and Contracts

7,544

92,425

99,969

103,496

Endowment Income

10,101

27,150

37,251

34,395

Sales and Services of Educational Departments

6,756

--

6,756

5,994

Sales and Services of Auxiliary Enterprises

98,108

--

98,108

93,370

Sales and Services of Medical Center

465,898

--

465,898

458,320

Other Sources

17,494

118

17,612

19,919

Total Revenues

921,043

301,056

1,222,099

1,186,041


Expenditures and Mandatory Transfers

Educational and General

Instruction

143,762

47,743

191,505

187,832

Research

12,477

123,879

136,356

129,560

Public Service

7,426

16,657

24,083

23,316

Academic Support

66,382

10,446

76,828

73,257

Student Services

15,137

934

16,071

16,915

Institutional Support

43,943

1,418

45,361

40,281

Operation and Maintenance of Plant

28,523

311

28,834

29,047

Scholarships and Fellowships (Note 13)

18,139

99,148

117,287

114,789

Total Educational and General Expenditures

335,789

300,536

636,325

614,997

Mandatory Transfers for Debt Service and Other

5,059

3

5,062

5,087

Total Educational and General Expenditures and Mandatory Transfers

340,848

300,539

641,387

620,084

Auxiliary Enterprises

Operating Expenditures

78,115

265

78,380

71,978

Mandatory Transfers for Debt Service

6,533

--

6,533

6,931

Total Auxiliary Enterprises Expenditures and Mandatory Transfers

84,648

265

84,913

78,909

Medical Center

Operating Expenditures

447,365

252

447,617

427,935

Mandatory Transfers for Debt Service

21,361

--

21,361

21,784

Total Medical Center Expenditures and Mandatory Transfers

468,726

252

468,978

449,719


Total Expenditures and Mandatory Transfers

894,222

301,056

1,195,278

1,148,712


Other Transfers and Additions/(Deductions)

Excess of Restricted Receipts over Transfers to Revenues

--

-- 13,413

13,413

4,893

Refunded to Grantors

--

(666)

(666)

(29)

Transfers to Related Foundations

--

(224)

(224)

(215)

Non-Mandatory Transfers

(To)/From Endowment and Similar Funds

4,343

8,821

13,164

(5,877)

(To)/From Loan Funds

--

(676)

(676)

(312)

(To)/From Plant Funds

(37,519)

(4,325)

(41,844)

(28,951)

Total Other Transfers and Additions/(Deductions)

(33,176)

16,343

(16,833)

(30,491) 

Net Increase/(Decrease) in Fund Balances

$ (6,355)

$ 16,343

$ 9,988

$ 6,838

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