STRENGTH…
…In Financial Operations

The financial operations of Iowa’s Public Universities and Special Schools comprise a significant $4.1 billion enterprise. Of this amount, the general education component totals $1.16 billion.

Supporting our $4.1 billion enterprise are general operating revenues of $2.2 billion, which consist of state operating appropriations, tuition revenues, sales and services (primarily for UIHC), federal funds, interest income, and indirect cost reimbursements.

The remaining $1.9 billion is funded from restricted revenues specifically designated, or restricted, for a particular purpose or enterprise which cannot be used for any other purpose (i.e., operations).  Restricted revenues consist of capital appropriations, tuition replacement appropriations, gifts, bond proceeds, sponsored funding from federal and private sources, residence systems, athletics, as well as other auxiliary or independent functions such as parking and utility systems.

Iowa’s Public Universities and Special Schools

FY 2010 Revenues and Expenditures
       
  General Operating Restricted TOTAL
Revenues      
Appropriations      
General Appropriations $567,442,850   $567,442,850
IowaCare Appropriations $59,168,518   $59,168,518
ARRA-State Stabilization $80,280,000   $80,280,000
Other Appropriations   $64,658,693 $64,658,693
Tuition and Fees $604,732,008 $92,714,125 $697,446,133
Sales and Services* $771,166,217 $408,142,912 $1,179,309,129
Other Income $97,822,906 $1,349,010,301 $1,446,833,207
       
Total FY 2010 Revenues $2,180,612,499 $1,914,526,031 $4,095,138,530
       
Expenditures      
Salaries $1,482,192,172 $639,126,302 $2,121,318,474
Professional/Scientific Supplies $347,957,470 $530,978,125 $878,935,595
Library Acquisitions $25,661,535 $28,081 $25,689,616
Rentals $13,833,437 $17,079,613 $30,913,050
Utilities $87,648,870 $22,639,271 $110,288,141
Building Repairs $35,457,373 $13,739,861 $49,197,234
Auditor of State $1,306,200 $9,800 $1,316,000
Equipment $21,202,630 $25,357,947 $46,560,577
Aid to Individuals $133,618,753 $127,469,006 $261,087,759
Debt Service   $102,810,729 $102,810,729
Plant Capital   $303,695,737 $303,695,737
       
Total FY 2010 Expenditures      
*UIHC Sales and Service Revenues totaled $764 million $2,148,878,440 $1,782,934,472 $3,931,812,912
 
 
 

© 2011 Board of Regents, State of Iowa

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