UA-R-GC-1914-01-01-1970-02-16_Page-022

I. I I ..,,---- THE At-1ER I CAN UN I VERS I TY IN CA I RO Comparative Statement of Ope r ations, Including the Budget for 1968/69 and the Proposed Budget for 1969/70 Includes Pou nds and Dol lars Income and Expenses ACT U A L BUD GET Proposed for 1967/68 1968/69 1968/69 1969/70 CAIRO POUND AND DOLLAR STATEMENT ,- 0eerating Income - Student Tuition and Fees $ 344,210 $ 429,230 $ 348,837 $ 430,232 Contributions and Research 203,568 159,081 21,381 132,861 Auxiliary Enterprises 96,414 169,346 146,511 183,721 Miscellaneous Income 23,998 29,626 23,256 27,907 $ 668,190 $ 787,283 $ 539,985 $ 774,721 U.S. Go~ent Grants 1,291,988 1,989,767 1,996,140* 2,288,372 $1,960,178 $2,777,050 $2,536,125 $3,063~093 Trustees Appropriations 432,353 560,403 591,746 691,500 I Total: $2,392,531 $3,337,453 $3,127,87l $3,754,593 Transfer to Plant Funds $ $ 201,404** $ $ $2,392,531 $3,136,049 $3,127,87l $3,754,593 Operating Expenses General and Administrative $1,074,864 $1,322,460 $1,086,581 $1,415,888 General Educational Program 75,956 101,642 96,744 108,430 Educational Departments 554,439 672,338 7l2,761 850,475 Units, Research & Activities 397,522 572,035 677,002 718,035 Auxiliary Enterprises 140,157 227,828 216,069 270,488 Students' Aid 167,905 357,248 338,7l4 391,277 $2,410,843 $3,253,551 $3,127,87l $3,754,593 Excess of Expenses OVer Income ($ 18,312) ($ 117,502) $ $ Comments: *Pound income from u.s. Grants had originally been estimated at $1~291~988 for 1968/69. Howev er~ to meet an i ncreasi ngly obvious deficit situation~ the budget was incr eased by $7 04 ~152 t o $1~9 6 6~140~ and additional income was provided by drawing from the Univer sity's new Pound Endowment Fund during June 1969 . -- / **T1'ansfer to Plant Funds during 1968/69 represents the financing of the Plant Fund (capital expense) from operations as follows: Balance from 1967/ 68 Transfers during 1968/ 69 Total Transf ers Reimbursement received and r eceivab le from u. s. Grant (es timated) Net Capi tal Expenses f rom Op era~ions LE 11~577~56 2 = 1 4 5~ 026J28 1 $ 2 6 ~9 24 .5 6 337~270 . 41 $3 64 ~1 94 . 97 $ 20 1~ 4 0 4 . 28 There are no sources for reimbursement of the remaini~~ amount of $20 1~ 404 . 28 . Therefore ~ this amount should be considered as a transfer from operations to t he Pl«at Funds , i . e . «a expense incurred by operations during the last year . ..2