DOLLARS AND SENSE
Peer Review Main Page
Peer Review Winter 05
     

The BSD financial highlights for the first five months of fiscal year 2005 are:

  • Total Grant and Contracts spending is 4% below the estimate, and it is expected that Grant and Contracts spending will end the year at the estimate.

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  • Patient care revenue is 3% over the estimate as of November, primarily due to strong PDP revenue.

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  • Use of Endowments and Gifts are $23 million, which is used to support recruitments and new programs

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  • Capital spending is estimated at $83 million for the year. This includes $42 million for the IRB, $8 million for the NRB, $2 Million for the RBL, and $21 million for avarious lab renovation projects throughout the campus and medical center.
  
Statement of Revenues and Expenses
(In Millions) For the Five Months Ending November 30, 2004
 
 
Actual
Budget
Tuition
$ 12
$ 12
Grants and Contracts
82
85
Patient Care
65
63
Endowments and Gifts
23
24
Hospital Transfers for Academic Renewal
6
6
Other Income
18
18
Total Revenue
$ 206
$ 208
Faculty & Other Academic Compensation
83
81
Financial Aid
11
10
Facility Costs
18
19
Other Costs of Instruction and Patient Care
20
19
Grant and Contract Direct Costs
72
77
Total Expense
$ 204
$ 206
Excess of revenues over expenses
2
2