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The Campus
Rankings
Campus Changes
Technology on Campus
The Students
Diversity
The Undergraduate Experience
Faculty Facts
Teaching Excellence Programs
Discoveries and Accomplishments
CU-Boulder Employees
CU Outreach and Community Service
Costs
Budget
CU-Boulder Administration
Key Offices
University of Colorado System
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| CU’s “International Prospective
Student Web Site” received one of four gold medals
awarded by the Council for Advancement and Support of Education
in 2002. The site, which provides important information for
international students interested in attending CU, beat out
186 other entries. |
Budget
CU-Boulder's 2002-03 total current funds operating budget: approximately
$737 million. ($736,860,421)
Revenues
- Gifts, Grants and Contracts: $235.5 million (32.0 percent
of total budget). Contracts and grants include sponsored research
and programs from federal, state, local and private sources.
Gifts are primarily from private, non-governmental sources.
In the prior year, approximately $74 million for the Federal
Direct Student Loan Program was included as revenue in Gifts,
Grants and Contracts, and as an expense in Scholarships and
Fellowships. The accepted method for reporting the value of
these funds has changed, which moves this item out of current
funds into the loan fund. For comparative purposes, 2001-02
revenue for Gifts, Grants and Contracts adjusted for this change
would have been $219 million instead of $293 million.
- Tuition and Fees: $239.3 million (32.5 percent of total budget).
The tuition and fees figure includes all tuition and instructional
fees assessed for educational purposes.
- State Appropriated Funding: $93.2 million (12.6 percent of
total budget). The state appropriated funding revenues include
$84.7 million in state general fund support for current operations
and $8.5 million in state appropriated student financial aid.
At the time of Board of Regents approval of the 2002-2003 budget,
an initial $4.5 million restriction was initiated as a result
of projected state revenue shortfalls, thus potentially reducing
the campus' appropriation from $84.7 million to $80.2 million.
- Auxiliary Revenues: $97.7 million (13.2 percent of total
budget). Auxiliary revenues are generated by self-funded activities.
The largest auxiliaries include Housing, Intercollegiate Athletics,
Book Store, Telecommunications Services, Parking and Transit
Services and the University Memorial Center.
- Other Revenues: $32.4 million (4.4 percent of total budget).
Other revenues include sales and services of educational activities
(Wardenburg Health Center, Recreation Services, Study Abroad
Programs and Housing Conferences), investment revenue, endowment
revenue and fees, fines and forfeitures.
- Indirect Cost Recoveries (ICR): $38.8 million (5.3 percent
of total budget). ICR revenues are generated by agencies that
sponsor research for the reimbursement of facilities and administrative
costs incurred by CU-Boulder. Facilities and administrative
costs include general administration and general expenses,
departmental administration, sponsored projects administration,
depreciation and use allowances, operation and maintenance
expenses, library expenses and student administration and services.
Expenditures and Transfers
| CU-Boulder’s Natural Resources
Law Center celebrated its 20th anniversary in 2002. The nonprofit
program at the law school promotes sustainability in the
rapidly changing American West by informing and influencing
natural resource laws, policies and decisions through a comprehensive
program of research, education and advice. |
- The campus spends $310.7 million (42.2 percent of total budget)
on instruction, academic support and student services. This
includes expenditures for the academic instruction activities
of the schools and colleges; services such as Norlin Library
and branch libraries, the University Museum, academic computing,
educational media services and academic administration; the
offices of admission and the registrar; and various student
resource and assistance programs.
- A total of $206.1 million (28.0 percent of total budget)
are research expenditures that include expenditures for activities
(individual and/or project research, institutes, research centers)
specifically organized to produce research.
- Public Service expenditures are $6.0 million (0.8 percent
of total budget), and include funds expended for activities
that include community service programs and outreach services.
- Scholarship and Fellowship expenditures are $43.0 million
(5.8 percent of total budget), and include expenditures for
undergraduate scholarships and graduate fellowships. (This
category included the Federal Direct Student Loan Program in
previous years. For comparative purposes, 2001-02 Scholarship
and Fellowship expenditures adjusted for the change in reporting
methodology, explained in Gifts, Grants and Contracts, are
$39 million.)
- Institutional Support expenditures are $23.2 million (3.2
percent of total budget), for executive management activities,
fiscal and financial operations, university communications,
general administration and human resources management.
- Plant operations cost $33.3 million (4.5 percent of total
budget) and include facilities management administration and
operations, utilities, public safety and major repairs and
renovation.
- Auxiliary operating expenditures are $94.6 million (12.8
percent of total budget).
- Transfers are $20.0 million (2.7 percent of total budget)
and include mandatory transfers for debt service and non-mandatory
transfers for equipment renewal and replacement, start-up packages
and new buildings.
Current Funds Revenues
FY 2002-2003 |
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| Total $736,860,421 |
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Current Funds Expenditures
FY 2002-2003 |
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| Total $736,860,421 |
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