EXPENSES Salaries Fringe Benefits Equipment Materials & Supplies* General Expenses Contractual Utility Costs Interfund Charges Other REVENUES Investment Income ABC COLLEGE Multi-Year Budget Projection Plan 20010-2013 Rents & Recoveries Revenue Offset to Expenses Service Fees Student Revenues Revenue in Lieu of Spons Share Federal Aid State Aid Property Taxes Fund Balance Beginning Structural balance Fund Balance Ending 2010 Adopted Budget 2011 Projected Operating Results 2012 2013 Projected Projected Operating Operating Results Results 110,105,147 40,955,000 115,929,130 121,493,728 127,325,427 41,329,841 45,049,526 49,548,984 Sub- total 151,060,147 157,258,971 166,543,255 176,874,411 2,000,000 2,000,000 2,000,000 2,000,000 1,525,000 0 0 0 4,800,000 6,357,000 6,350,000 6,525,000 6,225,285 6,104,175 6,272,546 6,400,000 1,100,000 1,150,000 1,200,000 1,250,000 6,700,000 6,901,000 7,108,030 7,321,271 115,000 120,000 120,000 120,000 Sub- total 22,465,285 Total 173,525,432 22,450,175 23,050,576 23,616,271 179,709,146 189,593,830 200,490,682 250,000 1,122,000 3:50,000 900,000 350,000 375,000 300,000 700,000 3,900,000 3,705,000 3,400,000 4,521,661 3,500,000 3,600,000 4,521,661 4,521,661 61,558,934 13,124,781 241,000 43,077,850 64,814,538 71,399,488 78,877,751 13,344,695 13,865,138 14,405,878 250,000 250,000 43,767,096 44,660,303 45,553,509 250,000 48,361,156 50,247,241 52,206,883 179,709,146 189,593,830 200,490,682 46,545,867 Total 173,525,432 5,842,255 0 0 5,842,255 5,842,255 5,842,255 5,842,255 5,842,255 0 0 5,842,255 5,842,255 What revenue sources allow this budget to be balanced in each year? What revenue source will have the greatest impact on the budget? What assumptions have been made with respect to revenue sources? What two expenditures will have the greatest impact upon the budget?
EXPENSES Salaries Fringe Benefits Equipment Materials & Supplies* General Expenses Contractual Utility Costs Interfund Charges Other REVENUES Investment Income ABC COLLEGE Multi-Year Budget Projection Plan 20010-2013 Rents & Recoveries Revenue Offset to Expenses Service Fees Student Revenues Revenue in Lieu of Spons Share Federal Aid State Aid Property Taxes Fund Balance Beginning Structural balance Fund Balance Ending 2010 Adopted Budget 2011 Projected Operating Results 2012 2013 Projected Projected Operating Operating Results Results 110,105,147 40,955,000 115,929,130 121,493,728 127,325,427 41,329,841 45,049,526 49,548,984 Sub- total 151,060,147 157,258,971 166,543,255 176,874,411 2,000,000 2,000,000 2,000,000 2,000,000 1,525,000 0 0 0 4,800,000 6,357,000 6,350,000 6,525,000 6,225,285 6,104,175 6,272,546 6,400,000 1,100,000 1,150,000 1,200,000 1,250,000 6,700,000 6,901,000 7,108,030 7,321,271 115,000 120,000 120,000 120,000 Sub- total 22,465,285 Total 173,525,432 22,450,175 23,050,576 23,616,271 179,709,146 189,593,830 200,490,682 250,000 1,122,000 3:50,000 900,000 350,000 375,000 300,000 700,000 3,900,000 3,705,000 3,400,000 4,521,661 3,500,000 3,600,000 4,521,661 4,521,661 61,558,934 13,124,781 241,000 43,077,850 64,814,538 71,399,488 78,877,751 13,344,695 13,865,138 14,405,878 250,000 250,000 43,767,096 44,660,303 45,553,509 250,000 48,361,156 50,247,241 52,206,883 179,709,146 189,593,830 200,490,682 46,545,867 Total 173,525,432 5,842,255 0 0 5,842,255 5,842,255 5,842,255 5,842,255 5,842,255 0 0 5,842,255 5,842,255 What revenue sources allow this budget to be balanced in each year? What revenue source will have the greatest impact on the budget? What assumptions have been made with respect to revenue sources? What two expenditures will have the greatest impact upon the budget?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:EXPENSES
Salaries
Fringe Benefits
Equipment
Materials & Supplies*
General Expenses
Contractual
Utility Costs
Interfund Charges
Other
REVENUES
Investment Income
ABC COLLEGE
Multi-Year Budget Projection Plan
20010-2013
Rents & Recoveries
Revenue Offset to Expenses
Service Fees
Student Revenues
Revenue in Lieu of Spons Share
Federal Aid
State Aid
Property Taxes
Fund Balance Beginning
Structural balance
Fund Balance Ending
2010
Adopted
Budget
2011
Projected
Operating
Results
2012
2013
Projected Projected
Operating Operating
Results Results
110,105,147
40,955,000
115,929,130 121,493,728 127,325,427
41,329,841 45,049,526 49,548,984
Sub-
total
151,060,147
157,258,971 166,543,255 176,874,411
2,000,000
2,000,000
2,000,000
2,000,000
1,525,000
0
0
0
4,800,000
6,357,000
6,350,000
6,525,000
6,225,285
6,104,175
6,272,546 6,400,000
1,100,000
1,150,000
1,200,000 1,250,000
6,700,000
6,901,000
7,108,030
7,321,271
115,000
120,000
120,000
120,000
Sub-
total
22,465,285
Total
173,525,432
22,450,175 23,050,576 23,616,271
179,709,146 189,593,830 200,490,682
250,000
1,122,000
3:50,000
900,000
350,000 375,000
300,000 700,000
3,900,000
3,705,000
3,400,000
4,521,661
3,500,000 3,600,000
4,521,661 4,521,661
61,558,934
13,124,781
241,000
43,077,850
64,814,538 71,399,488 78,877,751
13,344,695 13,865,138 14,405,878
250,000 250,000
43,767,096 44,660,303 45,553,509
250,000
48,361,156 50,247,241 52,206,883
179,709,146 189,593,830 200,490,682
46,545,867
Total
173,525,432
5,842,255
0
0
5,842,255
5,842,255
5,842,255 5,842,255 5,842,255
0
0
5,842,255 5,842,255
Transcribed Image Text:What revenue sources allow this budget to be balanced in each year? What revenue source will have the greatest impact on the budget? What assumptions
have been made with respect to revenue sources? What two expenditures will have the greatest impact upon the budget?
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