State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1997 General Purpose Financial Statements - Combined Statement of Revenues, Expenditures - Higher Education Funds

State of Connecticut

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

For The Fiscal Year Ended June 30, 1997
(Expressed in Thousands)

Current Funds
Unrestricted Restricted Total
Revenues and Transfers from Foundation:
Student Tuition and Fees $ 249,846 $ - $249,846
Federal Grants and Contracts14,999 93,289 108,288
Private Gifts and Grants8,258 18,723 26,981
Patient Service 49,846 - 49,846
Sales and Services143,143 163 143,306
Investment Earnings8,349 1,152 9,501
Endowment Income - 1 1
Miscellaneous10,692 13,824 24,516
Total Revenues485,133 127,152 612,285
Transfer from Foundation- 5,364 5,364
Total Revenues and Transfer from Foundation 485,133 132,516 617,649
Expenditures and Mandatory Transfers:
Education and General:
Instruction $358,106 $ 14,649 $ 372,755
Research22,151 61,090 83,241
Public Service19,086 10,502 29,588
Academic Support89,027 3,170 92,197
Student Services49,409 3,315 52,724
Institutional Support143,527 3,924 147,451
Scholarship and Fellowships36,472 35,282 71,754
Plant Operations and Maintenance81,690 293 81,983
Total Educational and General Expenditures799,468 132,225 931,693
Patient Care50,338 163 50,501
Auxiliary Enterprises100,957 128 101,085
Mandatory Transfers:
Retirement of Indebtedness3,598 - 3,598
Total Expenditures and Mandatory Transfers954,361 132,516 1,086,877
Other Transfers - Additions (Deductions):
Operating Transfers from the State's
Governmental Funds472,967 - 472,967
Transfer to Foundation (3,804) - (3,804)
Other Non-mandatory Transfers (10,329) 2,630 (7,699)
Excess of Restricted Receipts over Transfers
to Revenues - 36 36
Refunded to Grantors - (63) (63)
Total Other Transfers and Additions (Deductions) 458,834 2,603 461,437
Net Increase (Decrease) in Fund Balances $(10,394) $2,603 $ (7,791)

Back to General Purpose Financial Statements Table of Contents
Back to Comptroller's Home Page