Utilities Expenditures FY95-FY96 |
 |
Utilities Expenditures FY95-FY96 |
|
Utilities History FY88 to FY96 - General Funds/S&PL |
 |
Higher Education Utilities
Historical Re-Cap
FY84 - FY96
| Fiscal Year |
Appropriation | Expenditures | % Change Expenditures |
Appropriation Expenditure Variance |
Deferred Expenditures |
Reversion/ Shortfall |
| FY96 | 3,073,886 | 3,325,113 | 3.39% | -8.17% | 0 | (251,227) |
| FY95 | 2,984,879 | 3,215,934 | -0.76% | -7.74% | 0 | (231,055) |
| FY94 | 3,073,886 | 3,240,430 | 7.81% | -5.42% | 0 | (166,544) |
| FY93 | 3,073,886 | 3,005,582 | 10.24% | 2.22% | 888,936 | (820,632) |
| FY92 | 2,473,886 | 2,726,311 | -0.32% | -10.20% | 636,511 | (888,936) |
| FY91 | 2,473,886 | 2,734,932 | 6.86% | -10.55% | 375,465 | (636,511) |
| FY90 | 2,473,886 | 2,559,351 | 1.81% | -3.45% | 290,000 | (375,465) |
| FY89 | 2,273,886 | 2,513,886 | 8.18% | -10.55% | 50,000 | (290,000) |
| FY88 | 2,273,886 | 2,323,886 | 9.62% | -2.20% | 0 | (50,000) |
| FY87 | 2,380,001 | 2,119,968 | -8.18% | 10.93% | 0 | 260,033 |
| FY86 | 2,599,885 | 2,308,912 | -5.46% | 11.19% | 0 | 290,973 |
| FY85 | 2,599,885 | 2,442,173 | 5.39% | 6.07% | 0 | 157,712 |
| FY84 | 2,468,389 | 2,317,286 | -2.54% | 6.12% | 0 | 151,103 |
NOTE: FY88 expenditures exceeded the budget by approximately $50,000. These expenditures were deferred until FY89. The shortfall in FY89 then grew to $290,000. This shortfall was again deferred into the following year. Despite additional appropriations, the FY90 shortfall grew to a sizable $375,465. The $375,465 was deferred into FY91. The accumulated FY91 shortfall of $636,511 was deferred into FY92, and the shortfall grew to $888,936. Despite the additional appropriation in FY93, the deficit by the end of the year was $820,632. The institutions absorbed the cumulative shortfall in FY93 and continue to absorb the shortfalls in each subsequent fiscal year. A total shortfall of $1,469,458 has occurred to date. The FY95 appropriation decrease of $89,067 reflects the legislatively mandated budget reductions.
