OPERATING EXPENSES BY FUNCTION
The following table presents operating expenses
by function, and excludes capital expenditures. The Statement of Revenues, Expenses and
Changes in Net Assets presents operating expenses by natural classification. Note 11 to the financial statements displays
a matrix which shows dollar values for both classifications.
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|
|
|
|
|
|
2004 |
Percent |
|
|
|
|
|
|
|
|
Amount |
of Total |
|
|
|
|
|
|
|
|
|
|
|
|
Instruction |
|
|
|
|
|
$25,798,618 |
38.44% |
|
|
Research |
|
|
|
|
|
966,347 |
1.44% |
|
|
Public
Service |
|
|
|
|
1,533,278 |
2.28% |
||
|
Academic
Support |
|
|
|
|
4,485,906 |
6.68% |
||
|
Student
Services |
|
|
|
|
9,341,425 |
13.92% |
||
|
Institutional
Support |
|
|
|
|
6,341,425 |
9.50% |
||
|
Plant
Operation |
|
|
|
|
7,220,871 |
10.92% |
||
|
Scholarships
(excluding allowances) |
|
|
|
|
5,001,247 |
7.45% |
||
|
Auxiliary
Enterprises |
|
|
|
|
3,509,497 |
5.23% |
||
|
Depreciation |
|
|
|
|
2,768,983 |
4.13% |
||
|
|
Total Operating Expenses |
|
|
$67,110,608 |
100.0% |
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