Dec 11, 2009
Humboldt State has prepared its second annual handbook with extensive budget information for fiscal year 2009-10 titled “The Operating and Capital Budget Book,” available at the HSU Budget website.
Download the full report (PDF) from the Budget website
The report provides the most comprehensive look to date at the budgetary process at Humboldt State. HSU’s $152 million operating budget stems from four main areas:
• State funds- comprised of state appropriations, student fees and non-resident tuition—represent the largest amount at 63 percent of the total budget.
• Self-support enterprises constitute 7 percent of the budget. These areas include Extended Education, Housing and Parking.
• Auxiliary organizations – include the separate not-for-profit corporations with their own governing boards that provide essential services in support of HSU’s mission. They are the HSU Advancement Foundation, the Associated Students of HSU, HSU Sponsored Programs Foundation, HSU Enterprises Foundation and the Humboldt State University Center and they constitute 23 percent of the budget.
• Other miscellaneous funds, such as the California Lottery and the Children’s Center, account for the remaining 7 percent.
The report highlights that HSU has budgeted to award about $1.8 million in student fee waivers and another $10.9 million in campus-funded financial aid through the State University Grant. Overall, HSU financial aid to students from all sources, including federal aid, private contributions, fund raising and earnings from endowments, is estimated at over $58 million annually.
The report also outlines the $152 million operational budgets for all of HSU’s divisions. The divisions include Academic Affairs, Administrative Affairs, the President’s Unit, Student Affairs, University Advancement, and General University Obligations which holds campus-wide activities, such as utility costs.
The report outlines the capital outlay budget for this year. Although Humboldt State did not receive any new state funded capital outlay allocations this year, work continues on existing projects and non-state funded projects. The source of these funds is General Obligation Bonds, sold by the state for capital development.
All major, minor and capital renewal state funded construction projects receive funding from allocation orders issued by the CSU, and funds from the operating budget cannot supplement a capital budget. Continuing State funded capital improvements this year include the Behavioral and Social Sciences Building and Nursing facility improvements. A continuing non-state funded project is the construction of the new 434-bed College Creek Apartments, scheduled for completion in fall 2010. The report also highlights the Humboldt Energy Independence Fund projects, such as the Music Building Photovoltaic Project and the Redwood Bowl Lighting Project.