STATE OF CONNECTICUT Comprehensive Annual Financial Report -Combined Statement of Revenues, Expenditures, and Other Changes Higher Education and University Hospital Funds

State of Connecticut

Combined Statement of Revenues, Expenditures,
and Other Changes
Higher Education and University Hospital Funds

For The Fiscal Year Ended June 30,1996
(Expressed in thousands)

Current FundsHospital
Unrestricted Restricted Funds Total
Revenues:
Student Tuition and Fees $233,334 $- $ - $233,334
Federal Grants and Contracts $11,335 104,161 $ - $115,496
Private Gifts and Grants 3,967 16,576 - 20,543
Patient Service 55,653 - 124,677 180,330
Sales and Services 130,412 - - 130,412
Investment Earnings 8,247 1,241 - 9,488
Endowment Income - 76 - 76
Miscellaneous 14,919 19,766 280 34,965
Total Revenues 457,867 141,820 124,957 724,644
Expenditures and Mandatory Transfers:
Education and General:
Instruction 321,533 19,869 - 341,402
Research 22,443 69,809 - 92,252
Public Service 18,449 11,464 - 29,913
Academic Support 87,353 3,481 - 90,834
Student Services 44,773 3,788 - 48,561
Institutional Support 152,128 3,807 - 155,935
Scholarship and Fellowships 37,675 28,634 - 66,309
Plant Operations and Maintenance. 77,016 730 - 77,746
Total Educational and General Expenditures 761,370 141,582 - 902,952
Hospital 48,233 140 121,608 169,981
Auxiliary Enterprises 98,269 98 - 98,367
Mandatory Transfers:
Retirement of Indebtedness 4,113 - 212 4,325
Total Expenditures and Mandatory Transfers 911,985 141,820 121,820 1,175,625
Other Transfers - Additions (Deductions):
Operating Transfers from the State's
Governmental Funds 442,071 - - 442,071
Subsidy Transfers (1,128) - 1,128 -
Other Non-mandatory Transfers (5,370) 2,283 (300) (3,387)
Excess of Restricted Receipts over Transfers
to Revenues. - (103) - (103)
Refunded to Grantors (109) (118) - (227)
Total Other Transfers and Additions (Deductions).. 435,464 2,062 828 438,354
Net Increase (Decrease) in Fund Balances $(18,654) $2,062 $3,965 $(12,627)
The accompanying notes are an integral part of the financial statements.

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