| KEAN UNIVERSITY | |
| FY2019 ESTIMATED BUDGET | |
| Revenue | |
|
FY19 BUDGET - 10,500 FTE'S 2.0% TUITION AND FEE INCREASE |
|
| State Appropriations: | |
| Base | $30,469,000 |
| Total State Appropriations | $30,469,000 |
| Tuition-Kean | 134,840,509 |
| Fees-Kean (Credit) | 29,672,000 |
| Fees-Kean (Non-Credit) | 2,209,000 |
| All Other Revenue | 4,528,000 |
| Liberty Hall Revenue | 500,000 |
| Liberty Hall Ticket & Other Revenue | 100,000 |
| Total University Revenue | $171,849,509 |
| TOTAL REVENUE (STATE & UNIVERSITY) | $202,318,509 |
| Expenditures & Transfers | |
| FY2019 ESTIMATE | |
| Material & Supplies | 15,000,000 |
| Services | 25,000,000 |
| Maintenance & Fixed Charges | 6,000,000 |
| Special Purpose | 1,500,000 |
| Equipment & Improvements | 2,500,000 |
| Other | |
| Book Vouchers | 25,000 |
| Bad Debt Expense | 1,250,000 |
| Sick Leave Liability | 80,000 |
| Vacation Leave Liability | 250,000 |
| Administrative Bank Charges | 250,000 |
| Liberty Hall | 850,000 |
| Emergency/Unforeseen | 1,000,000 |
| Advancement Strategy | 2,000,000 |
| Research and Development | 1,000,000 |
| Salaries | |
| Salary-Others | 5,000,000 |
| Regular | 79,750,000 |
| Adjunct | 17,000,000 |
| Overtime | 1,500,000 |
| Overload | 2,750,000 |
| Benefits | 2,000,000 |
| Stipends, Waivers & Scholarships | 9,000,000 |
| Campus Improvements | 1,000,000 |
| Kean Ocean Expenditures | 3,000,000 |
| Distant Learning Project | 600,000 |
| Total Expenditures | $179,805,000 |
| Debt Service: | |
| Series 2009A | 1,825,000 |
| Series 2010 A (Kean Ocean) | 1,300,000 |
| Series 2010 EFA (CSTME Equipment) | 1,125,000 |
| Series 2014 A | 194,000 |
| Series 2014 C | 13,000 |
| Series 2014 EFA - ELF | 82,000 |
| Series 2015 H | 3,715,000 |
| Series 2016 A | 590,000 |
| Series 2016 B EFA - CIF | 81,000 |
| Series 2017 C | 6,425,000 |
| Series 2017 D | 670,000 |
| Total Debt Service | $20,343,000 |
| Capital Projects | 5,000,000 |
| Deferred Maintenance | 1,000,000 |
| Mandatory Transfers | 300,000 |
| TOTAL EXPENDITURES & TRANSFERS | $202,125,000 |
| NET OPERATING RESULTS-University | $193,509 |
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FY 2019 Estimated Budget
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