WKU Budget: Revenue

FY18 Projected Revenue by Source, units > 1%:

FY18 rev pie chart

Projected and Historic Revenue, all units:

Division FY16 Revenue Projected FY18 Revenue
Tuition and Fees $192,357,160 $201,309,000
State Appropriation $74,649,400 $74,653,800
Grants & Contracts $54,109,090 $51,776,000
Sales of Services $23,376,560 $20,232,000
Housing $9,300,144 $9,500,000
WKU Store $7,508,891 $7,245,000
Other Sources $7,285,878 $6,721,200
Private Gifts $4,167,548 $4,200,000
University Centers $3,843,727 $3,693,000
Food and Vending $2,039,726 $2,130,000
Facilities & Admin cost recovery $1,823,964 $2,108,000
Topper Corner  – $160,000
Auxiliary Services  $111,560  $104,000

Tuition & Fees:

Overall, tuition and fees revenue nearly doubled between FY06 and FY14, an 88% increase over 8 years (from $68,682,426 to $129,435,073).

From FY02 to FY11, WKU’s FTE (full time equivalent) student enrollment rose from 13,747 to 17,000; it has since fallen to 16,143. The net increase from FY02 to FY16 is 17.4%.

State Appropriation:

Our state appropriations have been steadily declining, from $74,836,800 in FY06 to $72,425,200 in FY14. This is a 3.19% drop over 8 years. When adjusted for inflation and the rise in student population, WKU’s state appropriations per student show an even steeper decline.

 

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