Income and Expense, 1950-51
1949-1950 INCOME 1950-1951$1,900,292.59 Student Fees $1,834,358.16875,589.36 Net Endowment and Similar Funds Income 1,027,955.08 82,262.16 Net Gifts for Current Use 109,173.3941,374.38 Lands and Buildings 47,217.93 21,968.37 Health Service 23,568.30 135,939.49 Miscellaneous 161,730.52$3,057,426.35 $3,204.,003.38 Deduct: Reserves for Specific Operating 15,000.00 Expenditures 112,500.00$3,042,426.35 Net Educational and General Income $3,091,503.38 1.963.718.22 Auxiliary Activities 1,876,841.66$5,006,144.57 Income before Alumni Fund $4,968,345.04 EXPENSE $1,704,263.94 Instructional $1,758,612.92 210,448.60 Libraries 209,091.86355,684.18 Administration 383,002.83409,385.49 Plant Operation and Maintenance 424,102.10234,054.00 Scholarships 274,925.07 153,884.63 Health Service 155,467 267,477.82 Miscellaneous 304,905.88$3,335,198.66 Total Educational and General Expense $3,510,108.292.046.638.23 Auxiliary Activities 1,911,439-94 $5,381,836.89 Total Expense $5,421,548.23 $ 375,692.32 Loss before Alumni Fund $ 453,203.19$ 378,009.42 Alumni Fund (Net) $ 537,386.61 Deduct: Alumni Fund Scholarship Reserve 75,000.00378,009.42 Alumni Fund Applied to Operating Expense 462,386.61$ 2,317.10 Balance to Unrestricted Current Fund $ 9,183.42
