ANNUAL REPORT 2007 THE UNIVERSITY OF NEW MEXICO

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[finances]
FUNDING NEW MEXICO’S
FLAGSHIP UNIVERSITY
As the state’s flagship institution of higher
learning, UNM serves more than 32,000
students on its five campuses. With nearly
50% of the state’s undergraduates and
over 80% of its graduate and professional
students, UNM produces most of New
Mexico’s lawyers, doctors, nurses, teachers,
engineers, business executives and
other community leaders.
INVESTING UNM’S DOLLARS
In FY2007, UNM received $349.9 million
from the New Mexico state legislature
for operating expenses. From this public
support, UNM generates a total budget
of $1.84 billion, making the state contribution
less than 25% of UNM’s total operating
budget. The rest of UNM funding is received
from sales and services, research grants and
contracts, tuition & fees, private donors
and other sources. UNM is committed to
maintaining low administrative costs and
working with all departments to ensure
they are run at the most productive and
efficient levels.
REVENUE FY2007
EXPENSES FY2007
37%
18%
13%
7%
7%
6%
4%
3%
2%
2%