Table 7
SUMMARY OF OPERATING BUDGET: 1999-2000
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<a> |
<b> |
<c> |
<d> |
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1998-99 Base Budget (@ Feb 28, 1999) |
1999-2000 Base Budget |
$ Change from 1998-99 |
% Change from 1998-99 |
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1 |
Total Revenues |
271,653,596 |
286,696,640 |
15,043,044 |
5.5% |
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2 |
Expenditure Budgets |
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3 |
Faculties (Table 2) |
169,460,901 |
173,310,409 |
3,849,508 |
2.3% |
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4 |
Scholarships & Bursaries (Table 3) |
19,157,841 |
22,047,809 |
2,889,968 |
15.1% |
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5 |
Support Areas (Table 4) |
47,931,822 |
46,962,516 |
-969,306 |
-2.0% |
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6 |
Corporate Expenditures (Table 5) |
21,408,296 |
23,262,825 |
1,854,529 |
8.7% |
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7 |
Provision for Cost Fluctuations |
6,160,060 |
10,196,768 |
4,036,708 |
65.5% |
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8 |
One-Time Allocations |
10,410,053 |
9,862,936 |
-547,117 |
-5.3% |
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9 |
Sub-Total |
274,528,973 |
285,643,263 |
11,114,290 |
4.0% |
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10 |
Net Deferred Spending |
3,314,997 |
0 |
-3,314,997 |
-100.0% |
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11 |
Total Expenditures |
277,843,970 |
285,643,263 |
7,799,293 |
2.8% |
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12 |
Surplus / (Deficit) before Reserve Transfer |
-6,190,374 |
1,053,377 |
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13 |
Transfer from Carryforward Reserve |
3,314,997 |
0 |
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14 |
Surplus / (Deficit) after Reserve Transfer |
-2,875,377 |
1,053,377 |
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15 |
Net Deferred Spending is calculated as follows |
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16 |
Carryforward from Previous Year |
3,314,997 |
0 |
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17 |
Less: Estimated Deferred Spending |
0 |
0 |
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18 |
Net Deferred Spending |
3,314,997 |
0 |
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