Table 7

SUMMARY OF OPERATING BUDGET: 2000-2001

 

 

<a>

<b>

<c>

<d>

1999-2000

Base Budget

(@ Feb 29, 2000)

2000-2001

Base Budget

$ Change

from

1999-2000

% Change

from

1999-2000

1

Total Revenues

291,219,710

307,505,185

16,285,475

5.6%

 

 

 

 

 

 

2

Expenditure Budgets

 

 

 

 

3

Faculties (Table 2)

176,144,542

178,930,777

2,786,235

1.6%

4

Scholarships & Bursaries (Table 3)

22,535,565

23,898,511

1,362,946

6.0%

5

Support Areas (Table 4)

48,246,812

48,238,196

-8,616

-0.0%

6

Corporate Expenditures (Table 5)

26,814,898

29,061,942

2,247,044

8.4%

7

Provision for Cost Fluctuations

7,090,281

12,566,332

5,476,051

77.2%

8

One-Time Allocations

11,797,078

11,838,024

40,946

0.3%

9

Sub-Total

292,629,176

304,533,782

11,904,606

4.1%

 

 

 

 

 

 

10

Carryforward from Previous Year

981,790

-2,000,000

-2,981,790

-303.7%

11

Overspending

2,000,000

2,000,000

 

 

12

Total Expenditures

295,610,966

304,533,782

8,922,816

3.0%

 

 

 

 

 

 

13

Surplus / (Deficit) before Reserve Transfer

-4,391,256

2,971,403

 

 

 

 

 

 

 

 

14

Transfer from Carryforward Reserve

2,981,790

0

 

 

 

 

 

 

 

 

15

Surplus / (Deficit) after Reserve Transfer

-1,409,466

2,971,403

 

 

   

16

Carryforward Reserve:

17

Carryforward from Previous Year

981,790

-2,000,000

 

 

18

Less: Transfer to Operating Budget

2,981,790

0

 

 

19

Year End Carryforward Reserve

-2,000,000

-2,000,000