Free University Budget Template
University Budget
University Name: Evergreen State University
Department: Science Department
Fiscal Year: 2080-2081
Prepared by: [Your Name]
I. Income Sources
|
Income Source |
Projected Amount |
Actual Amount |
Variance |
|---|---|---|---|
|
Tuition Fees (Science Majors) |
$2,000,000 |
$1,950,000 |
-$50,000 |
|
Research Grants |
$500,000 |
$520,000 |
+$20,000 |
|
Donations/Endowments |
$200,000 |
$210,000 |
+$10,000 |
|
Other Income (Workshops) |
$50,000 |
$45,000 |
-$5,000 |
|
Total Income |
$2,750,000 |
$2,725,000 |
-$25,000 |
II. Expenses
|
Expense Category |
Budgeted Amount |
Spent Amount |
Variance |
|---|---|---|---|
|
Personnel Costs |
|||
|
Faculty Salaries |
$1,000,000 |
$980,000 |
-$20,000 |
|
Administrative Staff Salaries |
$300,000 |
$310,000 |
+$10,000 |
|
Research Assistants/Interns |
$100,000 |
$95,000 |
-$5,000 |
|
Facilities and Utilities |
|||
|
Laboratory Maintenance |
$200,000 |
$210,000 |
+$10,000 |
|
Utility Bills (Electricity, Water, Internet) |
$150,000 |
$140,000 |
-$10,000 |
|
Equipment Purchases |
$100,000 |
$110,000 |
+$10,000 |
|
Research and Development |
|||
|
Research Materials/Supplies |
$300,000 |
$320,000 |
+$20,000 |
|
Travel and Conferences |
$100,000 |
$90,000 |
-$10,000 |
|
Software and Subscriptions |
$50,000 |
$45,000 |
-$5,000 |
|
Miscellaneous |
|||
|
Student Workshops/Outreach |
$75,000 |
$70,000 |
-$5,000 |
|
Emergency Fund |
$75,000 |
$75,000 |
$0 |
|
Total Expenses |
$2,450,000 |
$2,445,000 |
-$5,000 |
III. Summary
|
Category |
Amount |
|---|---|
|
Total Income |
$2,725,000 |
|
Total Expenses |
$2,445,000 |
|
Net Surplus/Deficit |
$280,000 (Surplus) |
Notes
-
The department aims to reinvest the surplus into expanding laboratory facilities next year.
-
Grant funds exceeded projections due to an additional mid-year research award.
-
Minor overspending occurred on equipment purchases and lab maintenance due to unforeseen repairs.
