As St. Cloud State University moves through its budget planning process, it is important that faculty and staff have access to up-to-date and accurate information. This site was created to publish and exchange information and solicit ideas. Please check this site frequently to access the most current information from SCSU administration, MnSCU and the Minnesota State Budget Office.

Fiscal Year 2008 reports as of April 2, 2008

• General Fund Revenues as of 04/02/08 (PDF)
• General Fund Expenses as of 04/02/08 (PDF)

Explanatory Notes to Quarterly General Fund Revenue and Expense Report

Prepared by Diana Burlison: 1/13/05

General Fund are those funds allocated via MNSCU from legislative action (appropriation), tuition collected and fees related to classroom activities such as special course fees.

Any carry forward balance is reflected under Other Revenues, Current Budget and Budget Balance.

Revenue

• Accounts Receivable is those amounts we have billed the students or external parties and are still waiting for payment.
• Original Budget is the budget estimated as of 7/1/2004.
• Current Budget reflects any changes in the budget between 7/1/2004 and date of report.
• Revenues YTD are revenue that have been collected from 7/1/2004 and dated of report.
• Budget Balance is the amount under Current Budget subtracted from the Revenues YTD.

Expenses

• Classified Salaries include bargaining units AFSCME, MAPE, MMA, Commissioner’s Plan and Classified Employees Plan.
• Unclassified Salaries include bargaining units IFO, MSUAASF and Administrators.
• Fringes include FICA and Medicare, retirement and insurance.
• Current Fringe estimates are incorrect because of computer programming issues related to the changes implemented January 1, 2005. System issue supposed to be corrected in January or later per MnSCU.
• Student Salary, Student Assist. and Graduate Assist. Category reflect negative balances because funds are held in Financial Aid budget for some student salary federal and state required match and Graduate Assistance funding is budgeted in Graduate Studies cost center.
• Tuition Waiver funds for Graduate Assistants are budgeted in Graduate Studies cost center.