FY23 Strategic Plan and Budget Report

APPROVED 08/18/2022
EXHIBIT V: Detailed Operating Expense Budget
FY 2021 FY 2022 FY 2023
Expense Type Original Budget Original Budget Original Budget
Instruction
Academics Personnel Costs 9,149,308 7,873,583 7,754,729
Operating Costs 755,084 685,718 663,718
Total 9,904,392 8,559,301 8,418,447
Aerospace Personnel Costs 3,746,679 2,739,787 3,057,218
Operating Costs 1,479,990 1,242,707 3,004,435
Total 5,226,669 3,982,494 6,061,653
Allied Health Personnel Costs 4,129,305 3,886,986 3,771,147
Operating Costs 617,534 539,930 222,786
Total 4,746,839 4,426,916 3,993,933
C4EO Personnel Costs 1,530,140 1,667,388 1,675,746
Operating Costs 343,774 343,774 343,774
Total 1,873,914 2,011,162 2,019,520
Construction & Safety Personnel Costs 1,433,741 1,455,865 1,715,942
Operating Costs 212,166 212,166 212,166
Total 1,645,907 1,668,031 1,928,108
Digital Transformation Personnel Costs 5,213,300 4,686,006 4,703,313
Operating Costs 316,351 316,351 373,211
Total 5,529,651 5,002,357 5,076,524
Electrical Instrumentation Personnel Costs 6,062,626 5,984,687 6,980,879
Operating Costs 492,738 552,832 867,458
Total 6,555,364 6,537,519 7,848,337
Industrial Manufacturing Personnel Costs 7,334,024 6,587,549 7,065,873
Operating Costs 1,267,210 1,297,210 1,468,458
Total 8,601,234 7,884,759 8,534,331
Instructional Pool Personnel Costs 3,307,044 3,554,000 3,341,469
Operating Costs 6,519,830 4,257,298 2,820,500
Total 9,826,874 7,811,298 6,161,969
Instructional Sales Personnel Costs 701,812 476,328 586,352
Operating Costs 60,762 60,762 60,762
Total 762,574 537,090 647,114
Provosts & Administration Personnel Costs 5,216,464 6,097,403 6,829,512
Operating Costs 702,076 871,086 939,186
Total 5,918,540 6,968,489 7,768,698
Strategic Partnerships Personnel Costs 125,744 84,324 0
Operating Costs 56,200 56,200 0
Total 181,944 140,524 0
Transportation Personnel Costs 3,772,873 3,665,374 3,832,546
Operating Costs 414,933 414,933 414,933
Total 4,187,806 4,080,307 4,247,479
Vision & Alignment Personnel Costs 1,398,534 1,164,293 1,148,552
Operating Costs 448,959 448,959 964,719
Total 1,847,493 1,613,252 2,113,271
Total Instruction Personnel Costs 53,121,594 49,923,573 52,463,278
Operating Costs 13,687,607 11,299,926 12,356,106
Total 66,809,201 61,223,499 64,819,384
Student Financial Aid
College Work Study Personnel Costs 637,308 441,468 435,782
Operating Costs 682,403 480,000 1,000,000
Total 1,319,711 921,468 1,435,782
Equal Opportunity Grants Operating Costs 2,800,000 2,520,000 2,550,000
Total 2,800,000 2,520,000 2,550,000
Institutional Scholarships Operating Costs 1,092,000 1,102,500 1,302,500
Total 1,092,000 1,102,500 1,302,500
Loans Operating Costs 650,000 650,000 700,000
Total 650,000 650,000 700,000
Pell Grants Operating Costs 28,000,000 27,000,000 30,000,000
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STRATEGIC PLAN & BUDGET REPORT