FY06 3rdQuarterlyReportFinal

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FY06 3rdQuarterlyReportFinal Powered By Docstoc
					Third Quarter Management Report

         Fiscal Year 2006




  Office of Budget and Fiscal Planning
                                 Oregon State University
                           Third Quarter Management Reports
                                    Fiscal Year 2006

                                       TABLE OF CONTENTS




Introduction ........................................................................................... 1
All Operating Funds Summary ...................................................................... 2
Selected Operating Funds Summary............................................................... 3

Education & General Funds & SWPS Reports
Commentary on Education and General Funds .................................................. 4
   Education and General and SWPS Summary .................................................. 5
   Education and General Funds Report .......................................................... 6
Commentary on Statewide Public Services ...................................................... 7
  Agriculture Experiment Station.................................................................. 8
  Extension ............................................................................................ 9
  Forestry Research Laboratory................................................................... 10

Auxiliary Operating Funds Reports
Commentary on Auxiliary Funds .................................................................. 11
Summary of Auxiliary Funds ....................................................................... 12
   Housing ........................................................................................... 13
   Student Centers & Activities .................................................................. 14
   Athletics .......................................................................................... 15
   Health Services .................................................................................. 16
   Parking ............................................................................................ 17
   Miscellaneous ................................................................................... 18

Service Center Operations Reports
Commentary on Service Centers .................................................................. 19
Summary of Service Center Funds ................................................................ 21
  Telecom ............................................................................................ 22
  Inter-Institutional Services ...................................................................... 23
  Printing and Mailing .............................................................................. 24
  Motor Pool ......................................................................................... 25
  Surplus Property .................................................................................. 26
  Desktop Services .................................................................................. 27
  Miscellaneous Service Centers .................................................................. 28
                        OREGON STATE UNIVERSITY
                     QUARTERLY MANAGEMENT REPORT
                            As of March 31, 2006


The following interim financial reports have been prepared for internal management
purposes, providing a summary of all operating funds and detailed information on
revenues, expenses, transfers, and fund balances for the Education and General Program,
Statewide Public Services, Auxiliary Enterprises, and Service Departments.

The reports include the FY 2006 budget, projected actual revenues and expenses,
comparisons with FY 2005 actual, and third quarter results.

The FY 2006 budget has been adjusted as of September 2005 and will be used for
internal reporting through out the remainder of the fiscal year as well as in external
reporting to the State Board of Higher Education.

Adjusted revenue budgets include the initial budget, which is based on the Legislatively
Adopted Budget from the end of the 2005 session, plus anticipated mid-year salary
funding from the Governor’s salary pool, and updated departmental revenue projections.
The Legislative Emergency Board has delayed the release of salary pool dollars to OUS
from April to June 2006. The Department of Administrative Services is projecting a
reduction in salary pool dollars of $9 million which would result in a cut of $1.05 million
to OSU for the biennium. This potential reduction is not included in the current financial
projections.

Adjusted expenditure budgets include initial budget plus any anticipated spending of
carryover funds. The adjusted budget reflects the current operating plan as of the date of
these reports. Departmental estimates were prepared with a combination of trend
analysis, current year encumbrances, and adjustments for anticipated changes in revenue
and expenditures.




                                             1
                                                                      Oregon State University
                                                                All Operating Funds Summary1
                                                     Fiscal Year 2006 Budget & Fiscal Year 2005 Actual

                                                                                                                         Designated
                                                Education &       Statewide            Auxiliary       Service Center     Operations           Research
FY2006 Budget                                     General       Public Services       Enterprises2      Departments      & Gift Funds3          Funds4            Total

Revenue                                     $ 241,132,247       $   69,846,108    $     80,317,993     $   19,997,050    $   65,678,698    $ 152,570,152      $ 629,542,248

Expenditures                                     250,837,972        69,751,880          87,113,147         21,017,732        63,226,788        152,570,152      644,517,671

Net Increase (Decrease in Fund Balance)           (9,705,725)           94,228           (6,795,154)       (1,020,682)        2,451,910                -         (14,975,423)

Beginning Fund Balance                            29,953,134         7,763,024          76,748,719          6,075,699        21,980,047           (629,128)     141,891,495

Ending Fund Balance                         $     20,247,409    $    7,857,252    $     69,953,565     $    5,055,017    $   24,431,957    $      (629,128) $ 126,916,072



FY2005 Actual

Revenue                                     $ 235,967,331       $   64,657,098    $     69,680,301     $   20,284,653    $   60,325,726    $ 140,698,489      $ 591,613,598

Expenditures                                     239,444,539        65,706,175          72,319,662         20,038,178        58,375,493        142,566,294      598,450,341

Net Increase (Decrease in Fund Balance)           (3,477,208)       (1,049,077)          (2,639,361)         246,475          1,950,233         (1,867,805)       (6,836,743)

Beginning Fund Balance                            29,710,982         8,812,270          74,658,385          5,628,696        20,291,078          1,238,677      140,340,088

Fund Additions (Deductions)                        3,719,360              (169)          4,729,695           200,528           (261,264)               -          8,388,150

Ending Fund Balance                         $     29,953,134    $    7,763,024    $     76,748,719     $    6,075,699    $   21,980,047    $      (629,128) $ 141,891,495



1
  Plant Funds not included.
2
  Auxiliary Enterprises budgeted decrease in fund balance is is due to depreciation expense.
3
  Gift Funds Budget trended based on last five years actual revenue and expenditures.
4
  Research Budget trended amount based on last five years actual expenditures.




                                                                                           2
                                                        Oregon State University
                                                   Selected Operating Funds
                                               Fiscal Year 2006 Budget & Projections
                                                              As of March 31, 2006
                                                                (thousands of dollars)


                                                                                                                              Projection to
                                                                         FY 2006                                                 Actual
                                                     Initial             Adjusted          Year End          FY 2005            Favorable
                                                    Budget               Budget            Projection         Actual          (Unfavorable)
Education & General Program
    Revenues                                        $    237,486          $    241,132      $     241,165    $    235,967             $ 5,198
    Expenditures                                         235,487               248,673            249,045         231,020         (    18,025)
         Net Change from Operations                        1,999              ( 7,540)           ( 7,879)           4,948         (    12,827)
    Net Transfers In (Out)                              ( 1,999)              ( 2,165)           ( 2,338)        ( 8,425)               6,087
    Net Increase (Decrease) in Fund Balance                                   ( 9,706)          ( 10,217)        ( 3,477)             ( 6,740)

    Beginning Fund Balance                                  29,953                29,953            29,953           29,711                  242
    Fund Additions/(Deductions) to Other Funds                                                                        3,719           (    3,719)
    Ending Fund Balance                                     29,953                20,247            19,736           29,953       (       10,217)

Statewide Public Service Programs
     Revenues                                               66,636                69,719          68,063          64,657                      3,406
     Expenditures                                           66,591                70,405          69,081          65,242              (       3,839)
          Net Change from Operations                            45                ( 687)         ( 1,018)         ( 585)                      7,245
     Net Transfers In (Out)                                  ( 45)                 ( 45)           ( 34)          ( 464)                        430
     Net Increase (Decrease) in Fund Balance                                      ( 732)         ( 1,052)        ( 1,049)                     7,675

    Beginning Fund Balance                                   7,763                 7,763             7,763            8,812           (       1,049)
    Fund Additions/(Deductions) to Other Funds
    Ending Fund Balance                                      7,763                 7,031             6,711            7,763           (       1,052)

Auxiliary Enterprises
   Revenues                                              78,818                78,818             84,531          69,680               14,851
   Expenditures                                          78,516                78,516             79,555          66,227          (    13,328)
         Net Change from Operations                         302                   302              4,977           3,453                1,523
   Net Transfers In (Out)                               ( 7,097)              ( 7,097)           ( 7,373)        ( 6,092)             ( 1,281)
   Net Increase (Decrease) in Fund Balance              ( 6,795)              ( 6,795)           ( 2,397)        ( 2,639)                 243

    Beginning Fund Balance                                  76,749                76,749            76,749           74,658                   2,090
    Fund Additions/(Deductions) to Other Funds                                                                        4,730           (       4,730)
    Ending Fund Balance                                     69,953                69,953            74,352           76,749           (       2,397)

Service Center Departments
    Revenues                                             19,997                19,997               19,603           20,285               681)
                                                                                                                                          (
    Expenditures                                         21,303                21,303               20,085           19,614               471)
                                                                                                                                          (
         Net Change from Operations                     ( 1,306)              ( 1,306)              ( 482)              671           ( 1,153)
    Net Transfers In (Out)                                  285                   285                  242           ( 424)               667
    Net Increase (Decrease) in Fund Balance             ( 1,021)              ( 1,021)              ( 239)              246            ( 486)

    Beginning Fund Balance                                   6,076                 6,076             6,076            5,629                    447
    Fund Additions/(Deductions) to Other Funds                                                                          201            (       201)
    Ending Fund Balance                                 $    5,055            $    5,055        $    5,836       $    6,076           ($       239)

                                                 Unaudited - For Management Purposes Only

                                                                          3
                                                                          2
                          OREGON STATE UNIVERSITY
                         EDUCATION & GENERAL FUNDS
                              As of March 31, 2006


Education & General funds support the general operations of the university and its
primary missions of instruction, research, and public service. The major sources of
revenue are tuition, state appropriations, and indirect cost recovery from federal grants.

Overall revenue is expected to be up $5.2 million or 2.2% higher than Fiscal Year 2005.
Revenues from enrollment fees are anticipated to exceed last year’s actual by $4.2
million or 3.3% primarily due to tuition rate increases. Projections are $3.1 million under
budget because enrollment is projected to be 170 students lower than originally forecast,
with non-resident enrollment under projections. Fee remissions, accounted for as negative
revenue, will not quite double from last year’s amount, reducing this year’s revenue by
$4.8 million over last year. In the previous year fee remissions were reduced by
approximately $4.9 million due to a legislative cap, and funds were transferred to units
who had gift funds that were used for scholarships in lieu of fee remissions.

State appropriations will be $2.1 million higher than last year and in addition, the
Legislative Emergency Board was expected to authorize salary funding of $2.4 million in
April from the Governor’s salary pool. However release of the salary funds has been
delayed until June 2006 and may be reduced by approximately 9%.

Expenditures and net transfers are anticipated to be $11.9 million or 5.0% higher than
Fiscal Year 2005. The bulk of the increase is due to increases in the costs of employee
benefits, particularly PERS with a rate increase of 5% and PEBB health benefits costs
increasing by 7%. After a two-year salary freeze, salary cost increases will average 5% in
FY2005. While services and supplies are anticipated to increase $3.0 million over last
year, capital outlay is projected to be less than last year by approximately $3.0 million.
Net transfers-out last year were $6.0 million higher than the projected amount this year
due to the change in accounting for fee remissions mentioned above as well as transfers
to plant funds for capital construction.

Third quarter results are consistent with year-end projections. Spending projections are
down $2.6 million over second quarter estimates, due mainly to reduced services and
supplies expenses as units are planning for lower budgets in FY07. At this time it is
anticipated that the Education & General funds will spend carryover in the amount of
$10.2 million resulting in a fund balance of $19.7 million or 8.2% of revenue. Academic
and support units across the university are implementing reductions of $13.6 million in
anticipated spending for FY07 as programs and services are re-aligned to bring revenues
and expenses into balance by the end of the biennium.




                                             4
                                                Oregon State University
                            Education & General and Statewide Public Service Programs
                                                    Fiscal Year 2006
                                                    As of March 31, 2006
                                                      (thousands of dollars



                                                                                                      Projection to
                                                                FY06                                     Actual
Education & General                             Adjusted               Year End          FY05           Favorable                 %
                                                Budget *               Projection        Actual       (Unfavorable)            Variance
Revenue
     Enrollment Fees                             $ 133,076              $ 129,952        $ 125,768            $ 4,183                3.3%
     Fee Remissions                               ( 11,480)              ( 10,654)         ( 5,814)           ( 4,840)             -83.3%
     Government Appropriations                      88,232                 88,232            84,698             3,534                4.2%
     Gifts, Grants, and Contracts                   23,625                 25,043            23,245             1,797                7.7%
     Other Revenue                                   7,679                  8,593             8,070               524                6.5%
Total Revenue                                      241,132                241,165           235,967             5,198                2.2%

Expense
     Total Salaries and OPE                         190,405                190,759         172,698        ( 18,062)                -10.5%
     Service and Supplies                            53,199                 52,729          49,708           3,020)
                                                                                                              (                     -6.1%
     Capital Outlay                                   5,068                  5,397           8,454           3,057                  36.2%
     Student Aid                                                               160             160              ( )                 -0.3%
Total Expense                                       248,673                249,045         231,020        ( 18,025)                 -7.8%

     Net Change From Operations                     ( 7,540)               ( 7,879)          4,948        (    12,827)            -259.2%
     Net Transfers In/(Out)                         ( 2,165)               ( 2,338)        ( 8,425)             6,087               72.2%
Net Increase (Decrease) in Fund Balance             ( 9,706)              ( 10,217)        ( 3,477)           ( 6,740)            -193.8%

Beginning Fund Balance                                29,953                   29,953       29,711                      242          0.8%
Fund Additions (Deductions)                                                                  3,719            (       3,719)            -

Projected Ending Fund Balance                     $ 20,247               $ 19,736         $ 29,953       ($ 10,217)                -34.1%



Statewide Public Service

Revenue
    Government Appropriations                     $ 65,558               $ 63,929         $ 60,475            $ 3,453                5.7%
    Other Revenue                                    4,161                  4,135            4,182              ( 47)               -1.1%
Total Revenue                                       69,719                 68,063           64,657              3,406                5.3%

Expense
     Total Salaries and OPE                           57,472                   56,070       52,255            ( 3,816)              -7.3%
     Service and Supplies                             12,302                   12,318       12,249              ( 69)               -0.6%
     Capital Outlay                                      631                      693          739                 46                6.2%
Total Expense                                         70,405                   69,081       65,242            ( 3,839)              -5.9%

     Net Change From Operations                       (       687)         (    1,018)       ( 585)               (     432)       -73.9%
     Net Transfers In/(Out)                               (    45)              ( 34)        ( 464)                     430         92.6%
Net Increase (Decrease) in Fund Balance               (       732)         (    1,052)     ( 1,049)                    ( 3)         -0.3%

Beginning Fund Balance                                    7,763                 7,763        8,812            (       1,049)       -11.9%

Projected Ending Fund Balance                       $ 7,031               $ 6,711          $ 7,763        ($ 1,052)                -13.5%


                                          Unaudited - For Management Purposes Only

                                                                  5
                                                          Oregon State University
                                                   Education and General Funds
                                                               Fiscal Year 2006
                                                               As of March 31, 2006


                                                         Actual                                                 Projected
                                               For the Nine Months Ended              Adjusted            Year End        Favorable           %
                                              31-Mar-06         31-Mar-05             Budget *            Projection    (Unfavorable)      Variance
Revenue
     Enrollment Fees                      $    127,970,986 $      125,542,996     $   133,075,637 $ 129,951,525 $            (3,124,112)      -2.3%
     Fee Remissions                            (10,460,195)        (6,943,121)        (11,479,512)  (10,654,319)                825,193       -7.2%
     Government Appropriations                  61,909,077         63,205,861          88,232,246    88,232,246                       -           -
     Indirect Cost Recovery                     18,623,280         17,214,327          23,625,000    25,042,500               1,417,500        6.0%
     Interest Income                               948,018            831,778           1,125,000     1,200,000                  75,000        6.7%
     Sales & Services                            4,837,076          4,305,525           5,946,458     6,892,905                 946,447       15.9%
     Other Revenue                                 397,802            442,918             607,418       500,550                (106,868)     -17.6%
Total Revenue                                  204,226,044        204,600,284         241,132,247   241,165,407                  33,160        0.0%


Expense
     Total Salaries and OPE                     140,611,783        127,273,586         190,405,398        190,759,088         (353,690)       -0.2%
     Service and Supplies                        37,344,654         34,179,503          53,199,167         52,728,527          470,640         0.9%
     Capital Outlay                               4,083,571          6,471,765           5,068,088          5,397,111         (329,023)       -6.5%
     Student Aid                                   120,662             139,593                   -            160,000         (160,000)           -
Total Expense                                  182,160,669        168,064,446         248,672,653         249,044,725         (372,072)       -0.1%

     Net Change From Operations                 22,065,374         36,535,837           (7,540,406)        (7,879,318)        (338,912)       -4.5%
     Net Transfers In/(Out)                       (804,194)        (5,736,405)          (2,165,318)        (2,338,027)        (172,709)       -8.0%
Net Increase (Decrease) in Fund Balance         21,261,181         30,799,433           (9,705,724)       (10,217,345)        (511,621)       -5.3%

Beginning Fund Balance                                                                 29,953,134          29,953,134                 -           -

Projected Ending Fund Balance                                                     $    20,247,410     $    19,735,789    $    (511,621)       -2.5%




                                                    Unaudited - For Management Purposes Only

                                                                        6
                       OREGON STATE UNIVERSITY
                  STATEWIDE PUBLIC SERVICE PROGRAMS
                           As of March 31, 2006

Agricultural Experiment Stations – AES: Agricultural Experiment Station is the
research arm of Oregon State University’s College of Agricultural Sciences. It has more
than 400 scientists in 28 academic units in four OSU colleges --- Agricultural Sciences,
Health and Human Sciences, Science, and Veterinary Medicine.

Revenues for AES are projected to be $31.8 million, up $1.8 million, or 6.0% over 2005
due primarily to an increase in state support. Expenses are expected to increase by 2.6%,
or $0.8 million, which will result in an increase of $98,200 in fund balance.

Extension Service – EXT: Oregon State University's Extension Service provides
education and information based on research to help Oregonians solve problems and
develop skills related to youth, family, community, farm, forest, energy, and marine
resources. The OSU Extension Service arm reaches across several colleges and 37 county
offices throughout the State of Oregon. Extension funding sources include state
appropriations, federal formula funds, county appropriations, and federal grants.

Extension revenues are projected to be $29.9 million, up $1.7 million, or 6.1% over 2005
due to an increase in state and federal support. Expenses are expected to increase by
6.1%, or $1.7 million, due to increases in salary and benefits costs.

Forest Research Lab – FRL: The Forest Research Laboratory (FRL) conducts research
leading to sustainable forest yields, innovative and efficient use of forest products, and
responsible stewardship of Oregon's resources. The primary source of revenues for FRL
is state and federal appropriations and Oregon Harvest Tax. The 2005 Oregon Legislature
(HB 2122) renewed the taxation rate of $0.67 per thousand board feet of commercial
timber harvested in Oregon.

Revenues for FRL are projected to be $6.3 million, roughly the same as in 2005.
Expenses are expected to increase by $0.9 million or 13.8%, and fund balance is
anticipated to decrease by $0.8 million. Forestry made a strategic decision to lower FRL
fund balances and increase the balances in gift funds. This will provide some added
flexibility for managing budget reductions in FY07.




                                            7
                                                               Oregon State University
                                        Statewide Operations - Agricultural Experiment Station
                                                                   Fiscal Year 2006
                                                                   As of March 31, 2006



                                                          Actual                                                    Projected
                                                For the Nine Months Ended                 Adjusted          Year End         Favorable         %
                                               31-Mar-06         31-Mar-05                 Budget           Projection     (Unfavorable)    Variance
Revenue

      State Appropriation                  $     18,708,794    $     19,008,910       $    26,796,865   $    26,796,865   $            -            -
      Other Government Appropriations             1,830,488           1,353,274             2,698,326         2,698,326                -            -
      Gifts, Grants, Contracts                        5,000                   -                     -             5,000            5,000            -
      Interest Income                                31,546              32,407                50,571            42,061           (8,510)      -16.8%
      Sales & Services                            1,591,613           1,593,048             1,730,956         2,109,527          378,571        21.9%
      Other Revenue                                 100,305              58,395               185,873           166,151          (19,722)      -10.6%
Total Revenue                                    22,267,746          22,046,034            31,462,591        31,817,930          355,339         1.1%



Expense

      Total Salaries and OPE                     19,067,594          18,674,128            24,489,658        25,188,940         (699,282)       -2.9%
      Service and Supplies                        4,565,335           4,111,484             6,078,334         6,007,793           70,541         1.2%
      Capital Outlay                                336,580             393,884               580,417           522,999           57,418         9.9%
Total Expense                                    23,969,509          23,179,496            31,148,409        31,719,732         (571,323)       -1.8%

      Net Change From Operations                 (1,701,763)         (1,133,462)              314,182            98,198         (215,984)      -68.7%
      Net Transfers In/(Out)                       (310,853)           (457,709)                    -                 -                -            -
Net Increase (Decrease) in Fund Balance          (2,012,616)         (1,591,171)              314,182            98,198         (215,984)      -68.7%

Beginning Fund Balance                                                                      3,229,621         3,229,621                -               -

Projected Ending Fund Balance                                                         $     3,543,803   $     3,327,819   $     (215,984)       -6.1%




                                                       Unaudited - For Management Purposes Only

                                                                             8
                                                              Oregon State University
                                                   Statewide Operations - Extension
                                                                  Fiscal Year 2006
                                                                  As of March 31, 2006



                                                         Actual                                                     Projected
                                               For the Nine Months Ended                 Adjusted           Year End         Favorable          %
                                              31-Mar-06         31-Mar-05                 Budget            Projection     (Unfavorable)     Variance
Revenue

      State Appropriation                 $     13,364,918    $     11,996,226       $    19,230,517    $    19,230,517    $            -
      Other Government Appropriations            6,728,304           5,570,734            10,705,388          9,076,369        (1,629,019)      -17.9%
      Gifts, Grants, Contracts                       1,660                   -                     -                  -                 -            -
      Sales & Services                             792,800           1,064,439             1,628,633          1,124,052          (504,581)      -44.9%
      Other Revenue                                304,789             239,588               290,011            497,890           207,879        41.8%
Total Revenue                                   21,192,471          18,870,987            31,854,549         29,928,828        (1,925,721)       -6.4%



Expense

      Total Salaries and OPE                    18,206,575          16,953,574            26,856,459         24,670,984        2,185,475          8.9%
      Service and Supplies                       3,794,450           3,785,122             5,131,974          5,409,960         (277,986)        -5.1%
      Capital Outlay                               109,466              27,695                40,599            170,015         (129,416)       -76.1%
Total Expense                                   22,110,491          20,766,391            32,029,032         30,250,959        1,778,073          5.9%

      Net Change From Operations                  (918,020)         (1,895,404)             (174,483)          (322,131)        (147,648)       -45.8%
      Net Transfers In/(Out)                       (50,867)            985,735               (45,471)           (34,137)          11,334         33.2%
Net Increase (Decrease) in Fund Balance           (968,887)           (909,669)             (219,954)          (356,268)        (136,314)       -38.3%

Beginning Fund Balance                                                                     2,885,364          2,885,364                 -               -

Projected Ending Fund Balance                                                        $     2,665,410    $     2,529,096    $    (136,314)        5.4%




                                                      Unaudited - For Management Purposes Only

                                                                            9
                                                               Oregon State University
                                        Statewide Operations - Forestry Research Laboratory
                                                                   Fiscal Year 2006
                                                                   As of March 31, 2006



                                                          Actual                                                     Projected
                                                For the Nine Months Ended                 Adjusted           Year End         Favorable         %
                                               31-Mar-06         31-Mar-05                 Budget            Projection     (Unfavorable)    Variance
Revenue

      State Appropriation                  $      1,875,341    $      1,837,886       $     2,729,185    $     2,729,185    $           -
      Other Government Appropriations               524,334             718,408               697,545            597,545         (100,000)      -14.3%
      Transfer from State Agency                  2,285,137           2,229,704             2,700,000          2,800,000          100,000         3.7%
      Sales & Services                              147,547             175,621               250,000            180,000          (70,000)      -28.0%
      Other Revenue                                   6,500              10,967                25,000             10,000          (15,000)      -60.0%
Total Revenue                                     4,838,859           4,972,586             6,401,730          6,316,730          (85,000)       -1.3%



Expense

      Total Salaries and OPE                      4,433,126           4,265,070             5,715,859          6,210,400         (494,541)      -8.7%
      Service and Supplies                          622,237             493,373               801,109            900,000          (98,891)     -12.3%
      Capital Outlay                                                      9,900                12,000                              12,000      100.0%
Total Expense                                     5,055,363           4,768,343             6,528,968          7,110,400         (581,432)      -8.9%

      Net Change From Operations                   (216,504)            204,243              (127,238)          (793,670)        (666,432)     -523.8%
      Net Transfers In/(Out)                              -              (9,441)
Net Increase (Decrease) in Fund Balance            (216,504)            194,802              (127,238)          (793,670)        (666,432)     -523.8%

Beginning Fund Balance                                                                      1,648,038          1,648,038                -               -

Projected Ending Fund Balance                                                         $     1,520,800    $       854,368    $    (666,432)      -43.8%




                                                       Unaudited - For Management Purposes Only

                                                                             10
                           OREGON STATE UNIVERSITY
                            AUXILIARY ENTERPRISES
                               As of March 31, 2006



The Auxiliary funds are considered self-sustaining operations and primarily serve OSU
students, faculty and staff. Initial budgets which are reported in the following pages were
compiled in August, 2005 and reflected the operating plans of these units at that time.

Overall the auxiliaries are anticipating a $4.9 million gain from operations and $7.4
million in net transfers-out to other funds, resulting in a $2.4 million reduction in fund
balance. Net Transfers-out consist of payments to other funds for debt service and plant
construction. Included in operating expenditures are non-cash estimates of depreciation
totaling $6.3 million. All units are including the cost of salary and benefit increases in
this coming year.

Housing: Increase in expected occupancy and increased rates is resulting in a 4.7%
anticipated increase in revenue over Fiscal Year 2005, up from second quarter projection.
Salaries and other payroll expenses are expected to increase $0.9 million or 10.4%.
Depreciation will increase this year by $0.6 million or 28.2% due to the Weatherford Hall
renovation and additional vehicles and equipment. Fund balance is anticipated to
decrease by $0.9 million, which is less than the amount of depreciation expense.

Student Centers & Activities: Total revenues are anticipated to be $1.5 million higher
than the previous year due to an increase in student incidental fees, opening of a new
retail operation, and general price increases.

Athletics: Athletics revenue and expenditures are projected to be significantly higher
than last year due to an accounting change. In previous years scholarships paid by
foundation accounts were not recorded in the auxiliary funds. This year and going
forward, the scholarship expense will be recorded, along with gift revenue in the same
amount. Additional expenses were projected in third quarter because of the Reser debt
service. This results in a $10.1 million increase in both revenue and expenses over last
year. Additional gift revenue to cover the Reser debt service is anticipated.

Health Services: Total revenues are anticipated to be $0.4 million higher than the
previous year due mainly to increases in student fees and expected increase in enrollment.
Service and Supplies expense is projected to be considerably higher than last year due to
increases in the student health insurance premiums, expected increase in enrollment
increase in overhead charges, and anticipated bad debt expense. A slight increase to fund
balance is anticipated.

Parking: Revenue is anticipated to be the same as last year. Depreciation will increase
by approximately $0.5 million. The transfer-out is to cover the bond payment.




                                            11
                                                                                           Oregon State University
                                                                            Statement of Revenues, Expenses, and Other Changes
                                                                                            Auxiliary Enterprises
                                                                             For the Nine Months Ending March 31, 2006 and 2005


                                                          Student Cntrs                         Health                       Miscellaneous     Fiscal Year         Fiscal Year          Increase
                                           Housing         & Activities         Athletics      Services        Parking        Auxiliaries         2006                2005             (Decrease)     % Change
Revenue

     Student Fees                                         $    9,371,314      $ 1,000,081     $ 5,283,605                    $    142,054     $ 15,797,054     $     14,911,139    $       885,915       5.94%
     Government Appropriations                                                    240,319                                                          240,319              349,003           (108,684)     31.14%
     Gifts, Grants & Contracts                                                    224,088                                                          224,088               64,430
     Interest Income                              137            116,623           40,148         121,979                           17,116         296,003              139,698            156,305     111.89%
     Sales & Services                      16,956,655          2,835,224       16,019,366       1,607,908       1,445,354        1,758,644      40,623,151           44,403,358         (3,780,207)      8.51%
     Other Revenue                            269,266             36,409          953,373         135,550                            4,741       1,399,339              326,923          1,072,416     328.03%
     Internal Sales                         1,411,829            359,053              -            22,229        122,745           562,313       2,478,169            2,071,922            406,247      19.61%

Total Revenue                              18,637,887         12,718,623        18,477,375      7,171,271       1,568,099        2,484,868      61,058,123           62,266,473         (1,368,008)      2.20%


Expense

     Total Salaries and OPE                 6,944,981          5,212,385         6,087,131      3,334,560        478,331           850,232      22,907,620           20,287,134          2,620,486      12.92%
     Service and Supplies                   7,470,162          3,645,527         9,950,157      1,306,825        324,001         1,526,458      24,223,130           23,453,197            769,933       3.28%
     Depreciation                           2,009,647            832,836         1,157,504         50,860        190,791            59,323       4,300,961            3,452,221            848,740      24.59%
     Student Aid                                                                 3,683,765                                                       3,683,765            4,635,766           (952,001)     20.54%

Total Expense                              16,424,790          9,690,748        20,878,557      4,692,245        993,123         2,436,013      55,115,476           51,828,318          3,287,158       6.34%

     Net Change From Operations              2,213,097         3,027,875        (2,401,182)     2,479,026        574,976            48,855        5,942,647          10,438,155         (4,495,508)     43.07%
     Net Transfers In/(Out)                 (4,439,447)         (996,656)            4,583            416                          (70,903)      (5,502,007)         (3,806,013)        (1,695,994)     44.56%

Net Increase (Decrease) in Fund Balance     (2,226,350)        2,031,219        (2,396,599)     2,479,442        574,976           (22,048)        440,640            6,632,142         (6,191,502)     93.36%

Beginning Operations Fund Balance           3,759,312         31,949,074        25,257,820      4,708,739       8,190,200        2,883,474      76,748,619           74,658,385          2,090,234       2.80%
     Fund Additions/Deductions               (683,550)               (95)          181,328                                         121,087        (381,230)            (200,381)          (180,849)
Ending Fund Balance from Operations           849,412         33,980,198        23,042,549      7,188,181       8,765,176        2,982,513      76,808,029           81,090,146         (4,282,119)      5.28%


Beginning Plant Fund Balance                7,215,737          2,403,053         4,558,626        545,268       2,679,796         175,857       17,578,337            8,271,393          9,306,944     112.52%

     Plant Revenues                            92,355            44,383          7,534,224          9,578          25,050           5,026        7,710,616            3,382,565          4,328,051     127.95%
     Plant Expenditures                           712           587,590         11,067,456             52       1,000,653             -         12,656,463           (5,128,385)        17,784,848     346.79%

Net Incr (Decr) in Plant Fund Balance          91,643           (543,207)       (3,533,232)         9,630        (975,603)          5,026        (4,945,847)          8,510,950        (13,456,797)    158.11%
Fund Additions (Deductions)                    14,976                                                (105)                                           14,871             190,092           (175,221)

Ending Plant Fund Balance                   7,322,356          1,859,846         1,025,394        554,793       1,704,193         180,883       12,647,361           16,972,435         (4,325,074)     25.48%

Total Operations & Plant Fund Balance     $ 8,171,768     $   35,840,044      $ 24,067,943    $ 7,742,974    $ 10,469,369    $ 3,163,396      $ 89,455,390     $     98,062,581    $    (8,607,193)      8.78%




                                                                                  Unaudited - For Management Purposes Only


                                                                                                    12
                                                              Oregon State University
                                                     Auxiliary Operations - Housing
                                                                 Fiscal Year 2006
                                                                 As of March 31, 2006


                                                         Actual                                                        Projected
                                              For the Nine Months Ended                     Initial            Year End         Favorable          %
                                              31-Mar-06         31-Mar-05                   Budget             Projection     (Unfavorable)     Variance
Revenue
     Interest Income                      $            137 $              195           $            90 $            1,813 $           1,723     1914.4%
     Sales & Services                           16,956,655         22,822,148                24,248,371         24,328,789            80,418        0.3%
     Other Revenue                                 269,266             18,724                         -            269,266           269,266           -
     Internal Sales                              1,411,829          1,072,657                 1,842,320          1,636,932          (205,388)     -11.1%
Total Revenue                                   18,637,887         23,913,724                26,090,781         26,236,800           146,019        0.6%


Expense

     Total Salaries and OPE                       6,944,981         6,259,844                 9,576,352          9,385,412           190,940        2.0%
     Service and Supplies                         7,470,162         7,597,259                11,657,733         10,176,010         1,481,723       12.7%
     Depreciation                                 2,009,647         1,393,770                 2,670,000          2,679,771            (9,771)      -0.4%
Total Expense                                   16,424,790         15,250,873                23,904,085         22,241,193         1,662,892        7.0%

     Net Change From Operations                  2,213,097          8,662,851                 2,186,696           3,995,607        1,808,911       82.7%
     Net Transfers In/(Out)                     (4,439,447)        (2,559,552)               (5,677,700)         (4,959,344)         718,356       12.7%
Net Increase (Decrease) in Fund Balance         (2,226,350)         6,103,299                (3,491,004)           (963,737)       2,527,267           -

Beginning Fund Balance                                                                        3,759,312          3,759,312                 -           -

Projected Ending Fund Balance                                                           $       268,308    $     2,795,575     $   2,527,267      941.9%




                                                      Unaudited - For Management Purposes Only


                                                                            13
                                                                Oregon State University
                                          Auxiliary Operations - Student Centers & Activities
                                                                   Fiscal Year 2006
                                                                   As of March 31, 2006


                                                           Actual                                                     Projected
                                                For the Nine Months Ended                     Initial         Year End         Favorable         %
                                                31-Mar-06         31-Mar-05                   Budget          Projection     (Unfavorable)    Variance
Revenue

     Student Fees                           $      9,371,314 $        8,524,529           $     9,535,700 $     9,493,875 $        (41,825)      -0.4%
     Interest Income                                 116,623             66,321                    64,629         173,981          109,352      169.2%
     Sales & Services                              2,835,224          2,554,736                 4,057,246       4,257,396          200,150        4.9%
     Other Revenue                                    36,409             37,927                         -          48,000           48,000           -
     Internal Sales                                  359,053            357,238                   365,428         500,500          135,072       37.0%
Total Revenue                                     12,718,623         11,540,751                14,023,003      14,473,752          450,749        3.2%


Expense

     Total Salaries and OPE                        5,212,385          4,598,002                 7,059,290       7,266,696         (207,406)       -2.9%
     Service and Supplies                          3,645,527          3,715,777                 4,809,189       5,227,808         (418,619)       -8.7%
     Depreciation                                    832,836            741,310                 1,083,285       1,110,114          (26,829)       -2.5%
Total Expense                                      9,690,748          9,055,089                12,951,764      13,604,618         (652,854)       -5.0%

     Net Change From Operations                    3,027,875          2,485,662                 1,071,239          869,134        (202,105)      -18.9%
     Net Transfers In/(Out)                         (996,656)          (996,849)               (1,815,213)      (1,547,149)        268,064        14.8%
Net Increase (Decrease) in Fund Balance            2,031,219          1,488,813                  (743,974)        (678,015)         65,959            -

Beginning Fund Balance                                                                         31,949,074      31,949,074                -           -

Projected Ending Fund Balance                                                             $    31,205,100 $    31,271,059 $         65,959        0.2%




                                                        Unaudited - For Management Purposes Only




                                                                              14
                                                              Oregon State University
                                                Auxiliary Operations Funds - Athletics
                                                                 Fiscal Year 2006
                                                                 As of March 31, 2006


                                                         Actual                                                     Projected
                                              For the Nine Months Ended                     Initial         Year End         Favorable         %
                                              31-Mar-06         31-Mar-05                   Budget          Projection     (Unfavorable)    Variance
Revenue

     Student Fees                         $      1,000,081 $          996,816           $     1,500,000 $     1,500,000 $              -         -
     Gifts, Grants, Contracts                      224,088             64,430                 7,480,000      10,300,000        2,820,000       37.7%
     Lottery Proceeds                              240,319            349,003                   500,000         400,000         (100,000)        -
     Interest Income                                40,148             15,331                   210,000         200,000          (10,000)      -4.8%
     Sales & Services                           16,019,366         14,416,110                16,903,867      17,233,829          329,962        2.0%
     Other Revenue                                 953,373            267,720                   142,000         510,000          368,000      259.2%
Total Revenue                                   18,477,375         16,109,410                26,735,867      30,143,829        3,407,962       12.7%


Expense

     Total Salaries and OPE                      6,087,131          5,177,835                 8,240,052       8,850,000         (609,948)       -7.4%
     Service and Supplies                        9,950,157          8,832,225                11,073,060      13,393,829       (2,320,769)      -21.0%
     Student Aid                                 3,683,765          4,635,766                 6,933,755       6,300,000          633,755         9.1%
     Depreciation                                1,157,504          1,063,986                 1,600,000       1,600,000                -          -
Total Expense                                   20,878,557         19,709,812                27,846,867      30,143,829       (2,296,962)       -8.2%

     Net Change From Operations                 (2,401,182)        (3,600,402)               (1,111,000)               -       1,111,000      -100.0%
     Fixed Asset Disposal Gain/(Loss)                                       -                         -                -               -
     Net Transfers In/(Out)                          4,583             38,050                  (489,000)               -         489,000      100.0%
Net Increase (Decrease) in Fund Balance         (2,396,599)        (3,562,352)               (1,600,000)               -       1,600,000           -

Beginning Fund Balance                                                                       25,257,820      25,257,820                -           -

Projected Ending Fund Balance                                                           $    23,657,820 $    25,257,820 $      1,600,000        6.8%




                                                      Unaudited - For Management Purposes Only


                                                                            15
                                                             Oregon State University
                                                Auxiliary Operations - Health Services
                                                                 Fiscal Year 2006
                                                                 As of March 31, 2006


                                                         Actual                                                        Projected
                                              For the Nine Months Ended                     Initial            Year End         Favorable         %
                                              31-Mar-06         31-Mar-05                   Budget             Projection     (Unfavorable)    Variance
Revenue
     Student Fees                         $      5,283,605   $      5,251,934           $     5,409,738    $     5,453,284    $      43,546        0.8%
     Interest Income                               121,979             49,228                    26,000            152,270          126,270      485.7%
     Sales & Services                            1,607,908          1,850,251                 2,994,910          2,803,409         (191,501)      -6.4%
     Other Revenue                                 135,550              1,527                         -            135,704          135,704           -
     Internal Sales                                 22,229             18,206                    12,480              1,958          (10,522)     -84.3%
Total Revenue                                    7,171,271          7,171,146                 8,443,128          8,546,625          103,497        1.2%


Expense

     Total Salaries and OPE                      3,334,560          3,112,043                  4,832,219         4,919,212          (86,993)       -1.8%
     Service and Supplies                        1,306,825          1,758,058                  3,175,126         3,201,174          (26,048)       -0.8%
     Depreciation                                   50,860             40,848                   125,847            122,396            3,451         2.7%
Total Expense                                    4,692,245          4,910,949                 8,133,192          8,242,782         (109,590)       -1.3%

     Net Change From Operations                  2,479,026          2,260,197                   309,936            303,843           (6,093)       -2.0%
     Net Transfers In/(Out)                            416                                     (217,000)          (216,584)             416         0.2%
Net Increase (Decrease) in Fund Balance          2,479,442          2,260,197                    92,936             87,259           (5,677)           -

Beginning Fund Balance                                                                        4,708,739          4,708,739                -           -

Projected Ending Fund Balance                                                           $     4,801,675    $     4,795,998    $      (5,677)       -0.1%




                                                      Unaudited - For Management Purposes Only


                                                                            16
                                                              Oregon State University
                                                     Auxiliary Operations - Parking
                                                                  Fiscal Year 2006
                                                                  As of March 31, 2006


                                                         Actual                                                         Projected
                                              For the Nine Months Ended                      Initial            Year End         Favorable         %
                                              31-Mar-06         31-Mar-05                    Budget             Projection     (Unfavorable)    Variance
Revenue

     Sales & Services                     $      1,445,354    $      1,473,349           $     1,679,700 $        1,579,700 $       (100,000)       -6.0%
     Internal Sales                                122,745             121,521                   158,000            158,000                -            -
Total Revenue                                    1,568,099           1,594,870                 1,837,700          1,737,700         (100,000)       -5.4%


Expense

     Total Salaries and OPE                         478,331            440,623                   594,577            644,577          (50,000)       -8.4%
     Service and Supplies                           324,001            265,562                   559,812            544,337           15,475         2.8%
     Depreciation                                  190,791             169,143                   710,984            710,984                -            -
Total Expense                                      993,123             875,328                 1,865,373          1,899,898          (34,525)       -1.9%

     Net Change From Operations                    574,976             719,542                   (27,673)          (162,198)        (134,525)     -486.1%
     Net Transfers In/(Out)                                           (507,007)                 (650,000)          (650,000)               -         0.0%
Net Increase (Decrease) in Fund Balance            574,976             212,535                  (677,673)          (812,198)        (134,525)           -

Beginning Fund Balance                                                                         8,190,200          8,190,200                -           -

Projected Ending Fund Balance                                                            $     7,512,527    $     7,378,002    $    (134,525)       -1.8%




                                                      Unaudited - For Management Purposes Only




                                                                            17
                                                              Oregon State University
                                                 Auxiliary Operations - Miscellaneous
                                                                  Fiscal Year 2006
                                                                  As of March 31, 2006


                                                         Actual                                                         Projected
                                              For the Nine Months Ended                      Initial            Year End         Favorable         %
                                              31-Mar-06         31-Mar-05                    Budget             Projection     (Unfavorable)    Variance
Revenue

     Student Fees                         $        142,054    $        137,860           $       150,000    $       139,000    $     (11,000)      -7.3%
     Interest Income                                17,116               8,623                     5,400             13,200            7,800      144.4%
     Sales & Services                            1,758,644           1,286,764                 2,416,614          2,400,118          (16,496)      -0.7%
     Other Revenue                                   4,741               1,025                                       25,261           25,261           -
     Internal Sales                                562,313             502,300                   615,500            815,145          199,645       32.4%
Total Revenue                                    2,484,868           1,936,572                 3,187,514          3,392,724          205,210        6.4%


Expense

     Total Salaries and OPE                        850,232             698,787                 1,210,146          1,195,720           14,426         1.2%
     Service and Supplies                        1,526,458           1,284,316                 2,597,681          2,147,818          449,863        17.3%
     Depreciation                                   59,323              43,164                    52,419             78,997          (26,578)      -50.7%
Total Expense                                    2,436,013           2,026,267                 3,860,246          3,422,535          437,711        11.3%

     Net Change From Operations                     48,855             (89,695)                 (672,732)           (29,811)         642,921      -95.6%
     Net Transfers In/(Out)                        (70,903)            219,345                   297,293                  -         (297,293)     100.0%
Net Increase (Decrease) in Fund Balance            (22,048)            129,650                  (375,439)           (29,811)         345,628           -

Beginning Fund Balance                                                                         2,883,474          2,883,474                -           -

Projected Ending Fund Balance                                                            $     2,508,035    $     2,853,663    $     345,628       13.8%




                                                      Unaudited - For Management Purposes Only


                                                                            18
                          OREGON STATE UNIVERSITY
                        SERVICE CENTER DEPARTMENTS
                              As of March 31, 2006

Service Centers are financially self-sustaining internal operations that primarily provide
services to others within the university. They are expected to generate revenue from the
services that they provide to cover the expenses incurred to deliver their services. Rates
are adjusted periodically to minimize differences between revenues and expenses. Any
negative fund balances are subsidized by the Education & General funds. In total, service
center operating revenues are projected to be less than the prior year by 3.4%, or
approximately $681,000 and operating expenses are up by 2.6%, or $511,000. These
changes will result in a projected decrease of $240,000 in ending fund balance.

Telecom: This fund records the transactions related to telecommunications expenses
incurred by OSU operations as well as telecommunication services provided to other
OUS entities. Telecom provides and maintains a host of local and long distance phone
services and equipment including cellular phones, pagers, voicemail, data network
connections, wireless network, maintenance of the physical wire plant on campus, and
audio and video conference capabilities. Both revenues and expenses are in line with
Fiscal Year 2005 amounts. Very little change is fund balance is anticipated.

Inter-Institutional Network: These funds record transactions related to off campus
network support services provided to the Capital Center and OUS central phone system.
Services provided included network support and enterprise system support. Revenues are
anticipated to be $375,000 down from Fiscal Year 2005, while expenses are projected to
be higher by $467,000 due in part to capital outlay which will result in a $468,000
decrease in fund balance.

ETS Network: This fund records the transactions related to off campus network support
services provided to the OUS 5th site schools and the Chancellor’s Office. Services
provided included network support and enterprise system support.

Printing & Mailing: This fund records financial transactions related to printing and
mailing services provided primarily to OSU departments. Printing and Mailing also
provides services to customers outside of OSU.

Motor Pool: This fund records financial transactions related to vehicle rental and repair
services provided primarily to OSU departments and personnel.

Surplus Property: This fund records the financial transactions related to the collection
and sale of OSU and other state agency property deemed ready for salvage. Surplus
Property’s customers are both internal and external to OSU. Sales are accomplished via
auction, the “OSUsed” Store, as well as Labtronix and E-Bay sales.

Desktop Services: This fund records financial transactions related to Desktop Support
Services provided to areas of the campus.



                                            19
Miscellaneous Service Centers: These funds include the following operations: Campus
ID System, Survey Research Center, Animal Isolation Lab, Lab Animal Services,
Chemistry Stores, NDSL Skip Trace, Forestry Photogrammetry and Quantitative Science
LAN, and Statistical Services.




                                        20
                                                                                                       Oregon State University
                                                                                        Statement of Revenues, Expenses, and Other Changes
                                                                                                     Service Center Departments
                                                                                          For the Nine Months Ending March, 2006 and 2005


                                                                     Inter-Inst   Printing &           Motor            Surplus      Desktop      Miscellaneous       Total          Total       Increase
                                                    Telecom           Network      Mailing             Pool             Property     Services     Srvc Centers        2006           2005       (Decrease)       % Change
Revenue
    Revenue from Outside of OUS                 $     178,247    $      181,799   $     513,737    $      33,739        $ 172,829    $        -   $     332,200    $ 1,412,551    $ 1,384,591   $      27,960       2.02%
    Revenue From OUS Depts                          3,469,959         3,897,266       3,138,205        1,203,618           34,050     1,266,463         937,851     13,947,412      9,937,637       4,009,775      40.35%
Total Revenue                                       3,648,206         4,079,065       3,651,942        1,237,357          206,879     1,266,463       1,270,051     15,359,963     11,322,228       4,037,735      35.66%

Expense
    Total Salaries and OPE                          1,031,039         2,007,363         716,340          344,781          162,361      855,206        1,114,823      6,231,913     4,258,834        1,973,079      46.33%
    Service and Supplies                            2,457,773         1,387,077       2,884,488          565,859           46,831      110,590          947,622      8,400,240     7,164,940        1,235,300      17.24%
    Deprecation                                       156,626           198,401          58,362          230,045            1,185                        42,690        687,309       459,802          227,507      49.48%
Total Expense                                       3,645,438         3,592,841       3,659,190        1,140,685          210,377      965,796        2,105,135     15,319,462    11,883,576        3,435,886      28.91%

    Net Change From Operations                          2,768           486,224          (7,248)         96,672            (3,498)     300,667         (835,084)        40,501      (561,348)        601,849      -107.21%
    Fixed Asset Disposal Gain/(Loss)                                                                                                                                       -                             -
    Net Transfers In/(Out)                                               35,541                                                                                         35,541        14,406          21,135       146.71%
    Fund Deductions To Reserves                                                                                                                                            -             -               -

Net Increase (Decrease) in Fund Balance                 2,768           521,765          (7,248)         96,672            (3,498)     300,667         (835,084)        76,042      (546,942)        622,984      -113.90%

Beginning Operations Fund Balance                   2,062,085         1,605,933        591,240         1,110,255           91,448          -            614,737      6,075,698     5,628,696          447,002        7.94%
    Fund Additions/Deductions                        (320,182)            3,957                                                                           9,498       (306,727)       88,465         (395,192)    -446.72%
Ending Fund Balance from Operations                 1,744,671         2,131,655        583,992         1,206,927           87,950      300,667         (210,849)     5,845,013     5,170,219          674,794       13.05%




Beginning Plant Fund Balance                        1,413,074           849,797        523,542         2,381,428          115,291          -            199,322      5,482,454     4,515,405         967,049       21.42%
    Plant Revenues                                     76,384               -              -                 -                -            -                -           76,384           -            76,384
    Plant Expenditures                                (76,208)              -              -                 -                -            -                -          (76,208)          -           (76,208)

Net Increase (Decrease) in Plant Fund Balance             176                -              -                  -              -            -                -              176            -              176
Fund Additions (Deductions)                              (176)                                                                                                            (176)
 Ending Plant Fund Balance                          1,413,074           849,797        523,542         2,381,428          115,291          -            199,322      5,482,454     4,515,405         967,225       21.42%




Total Operations & Plant Fund Balance           $ 3,157,745      $ 2,981,452      $ 1,107,534      $   3,588,355        $ 203,241    $ 300,667    $     (11,527)   $ 11,327,467   $ 9,685,624       1,641,843




                                                                                            Unaudited - For Management Purposes Only
                                                                                                                   21
                                                          Oregon State University
                                               Service Center Operations - Telecom
                                                               Fiscal Year 2006
                                                               As of March 31, 2005



                                                         Actual                                                 Projected
                                              For the Nine Months Ended               Initial            Year End         Favorable         %
                                              31-Mar-06          31-Mar-05            Budget             Projection     (Unfavorable)    Variance
Revenue

   Revenue from Outside of OUS            $          178,247   $      177,493     $       236,700    $        235,400 $        (1,300)    -0.5%
   Revenue From OUS Depts                          3,469,959        3,393,113           4,535,000           4,535,000               -             -

Total Revenue                                      3,648,206        3,570,606           4,771,700           4,770,400          (1,300)            -




Expense

   Total Salaries and OPE                          1,031,039          904,129           1,417,028           1,376,575          40,453     2.9%
   Service and Supplies                            2,457,773        2,086,514           3,246,759           3,162,627          84,132     2.6%
   Depreciation                                      156,626          166,666             244,100             208,901          35,199     14.4%
Total Expense                                      3,645,438        3,157,309           4,907,887           4,748,103         159,784     3.3%
                                                                                                                                    -
   Net Change From Operations                          2,768          413,297            (136,187)             22,297         158,484    116.4%
   Net Transfers In/(Out)                                                                                                           -          -
Net Increase (Decrease) in Fund Balance                2,768          413,297            (136,187)             22,297         158,484    116.4%

Beginning Fund Balance                                                                  2,062,085           2,062,085               -

Projected Ending Fund Balance                                                     $     1,925,898    $      2,084,382   $     158,484     8.2%




                                                    Unaudited - For Management Purposes Only

                                                                        22
                                                       Oregon State University
                                   Service Center Operations - Inter-Institutional Services
                                                              Fiscal Year 2006
                                                              As of March 31, 2005



                                                          Actual                                                 Projected
                                               For the Nine Months Ended                 Initial           Year End       Favorable          %
                                              31-Mar-06          31-Mar-05               Budget            Projection   (Unfavorable)     Variance
Revenue

   Revenue from Outside of OUS            $         181,799    $        106,497      $            -    $       201,008    $    201,008          -
   Revenue From OUS Depts                         3,897,266             340,886           4,462,644          3,959,763        (502,881)    -11.3%

Total Revenue                                     4,079,065             447,383           4,462,644          4,160,771        (301,873)     -6.8%



Expense

   Total Salaries and OPE                         2,007,363             499,913           2,781,891          2,701,545         80,346        2.9%
   Service and Supplies                           1,383,134             238,772           1,901,703          1,558,335        343,368       18.1%
   Capital Outlay                                     3,943                                 694,000            345,525        348,475           -
   Depreciation                                     198,401              11,373             232,452            265,999        (33,547)     -14.4%
Total Expense                                     3,592,841             750,058           5,610,046          4,871,404        738,642       13.2%

   Net Change From Operations                       486,224             (302,675)        (1,147,402)          (710,633)       436,769       38.1%
   Net Transfers In/(Out)                            35,541               14,406            294,000            242,403         51,597           -
Net Increase (Decrease) in Fund Balance             521,765             (288,269)          (853,402)          (468,230)       488,366       57.2%

Beginning Fund Balance                                                                    1,605,933          1,605,933               -

Projected Ending Fund Balance                                                        $       752,531   $     1,137,703    $   488,366       64.9%




                                                  Unaudited - For Management Purposes Only
                                                                       23
                                                                Oregon State University
                                          Service Center Operating Fund - Printing & Mailing
                                                                     As of March 31, 2005




                                                            Actual                                                   Projected
                                                 For the Nine Months Ended                      Initial       Year End        Favorable         %
                                                 31-Mar-06         31-Mar-05                    Budget        Projection    (Unfavorable)    Variance
Revenue

   Revenue from Outside of OUS               $        513,737    $          470,599         $       873,194       810,111   $     (63,083)    -7.2%
   Revenue From OUS Depts                           3,138,205             3,076,764               4,131,816     4,219,574          87,758      2.1%

Total Revenue                                       3,651,942             3,547,363               5,005,010     5,029,685          24,675     0.5%




Expense

   Total Salaries and OPE                             716,340               707,697                 977,472       953,385          24,087     2.5%
   Service and Supplies                             2,884,488             2,817,685               3,942,486     3,900,474          42,012     1.1%
   Depreciation                                        58,362                47,983                  85,052        77,925           7,127     8.4%
Total Expense                                       3,659,190             3,573,365               5,005,010     4,931,784          73,226     1.5%

   Net Change From Operations                          (7,248)              (26,002)                               97,901          97,901               -
   Net Transfers In/(Out)                                                                                 -             -               -               -
Net Increase (Decrease) in Fund Balance                (7,248)              (26,002)                      -        97,901          97,901               -

Beginning Fund Balance                                                                              591,240       591,240               -               -
                                                                                                                                        -               -
Projected Ending Fund Balance                                                                       591,240       689,141          97,901     16.6%




                                                         Unaudited - For Management Purposes Only

                                                                               24
                                                        Oregon State University
                                              Service Center Operations - Motor Pool
                                                                Fiscal Year 2006
                                                            As of March 31, 2005




                                                         Actual                                                    Projected
                                              For the Nine Months Ended                  Initial           Year End        Favorable         %
                                              31-Mar-06           31-Mar-05              Budget            Projection    (Unfavorable)    Variance
Revenue

   Revenue from Outside of OUS            $            33,739    $        63,629     $       37,413    $        43,616   $       6,203       16.6%
   Revenue From OUS Depts                           1,203,618          1,024,660          1,506,930          1,633,466         126,536        8.4%

Total Revenue                                       1,237,357          1,088,289          1,544,343          1,677,082         132,739           -




Expense

   Total Salaries and OPE                             344,781           302,698             473,053            467,879           5,174        1.1%
   Service and Supplies                               565,859           412,502             703,871            737,342         (33,471)      -4.8%
   Depreciation                                       230,045           178,829             306,312            307,506          (1,194)      -0.4%
Total Expense                                       1,140,685           894,029           1,483,236          1,512,727         (29,491)      -2.0%

   Net Change From Operations                         96,672            194,260               61,107          164,355          103,248      169.0%
   Net Transfers In/(Out)                                                                                                            -           -
Net Increase (Decrease) in Fund Balance               96,672            194,260               61,107          164,355          103,248      169.0%

Beginning Fund Balance                                                                    1,110,256          1,110,256               -           -

Projected Ending Fund Balance                                                        $    1,171,363    $     1,274,611         103,248        8.8%




                                                   Unaudited - For Management Purposes Only

                                                                       25
                                                           Oregon State University
                                          Service Center Operations - Surplus Property
                                                                   Fiscal Year 2006
                                                                   As of March 31, 2005




                                                          Actual                                                        Projected
                                               For the Nine Months Ended                      Initial          Year End         Favorable         %
                                               31-Mar-06         31-Mar-05                    Budget           Projection     (Unfavorable)    Variance
Revenue

   Revenue from Outside of OUS             $       172,829     $         180,376          $      240,130   $       243,046   $       2,916          1.2%
   Revenue From OUS Depts                           34,050                36,417                  64,023            39,768         (24,255)       -37.9%

Total Revenue                                      206,879               216,793                 304,153           282,814         (21,339)        -7.0%




Expense

   Total Salaries and OPE                          162,361               154,061                 209,454           216,355          (6,901)        -3.3%
   Service and Supplies                             46,831                50,939                  90,226            64,829          25,397         28.1%
   Depreciation                                      1,185                 1,053                   1,580             1,584              (4)        -0.3%
Total Expense                                      210,377               206,053                 301,260           282,768          18,492          6.1%

   Net Change From Operations                        (3,498)              10,740                   2,893                46           (2,847)      -98.4%
   Net Transfers In/(Out)                                                                                                                 -
Net Increase (Decrease) in Fund Balance              (3,498)              10,740                   2,893                46           (2,847)      -98.4%

Beginning Fund Balance                                                                            91,448            91,448                -               -

Projected Ending Fund Balance                                                             $       94,341   $        91,494   $       (2,847)       -3.0%




                                                      Unaudited - For Management Purposes Only

                                                                             26
                                                        Oregon State University
                                          Service Center Operations - Desktop Services
                                                                Fiscal Year 2006
                                                            As of March 31, 2005



                                                           Actual                                                Projected
                                                For the Nine Months Ended                     Initial       Year End       Favorable          %
                                              31-Mar-06             31-Mar-05                 Budget        Projection (Unfavorable)       Variance
Revenue

   Revenue from Outside of OUS
   Revenue From OUS Depts                 $         1,266,463    $          1,113,750   $       1,396,346   $ 1,385,143     $   (11,203)     -0.8%
                                                                                                                                      -
Total Revenue                                       1,266,463               1,113,750           1,396,346       1,385,143       (11,203)     -0.8%




Expense

   Total Salaries and OPE                             855,206                705,877            1,165,746       1,170,143       (4,397)      -0.4%
   Service and Supplies                               110,590                 97,317              230,600         215,000       15,600        6.8%
Total Expense                                         965,796                803,194            1,396,346       1,385,143       11,203        0.8%

   Net Change From Operations                         300,667                310,556                    -               -             -
   Net Transfers In/(Out)                                   -                      -                    -               -             -
Net Increase (Decrease) in Fund Balance               300,667                310,556                    -               -             -

Beginning Fund Balance                                                                                  -               -             -

Projected Ending Fund Balance                                                           $               -   $           -   $         -




                                                   Unaudited - For Management Purposes Only

                                                                       27
                                                               Oregon State University
                                     Service Center Operations - Miscellaneous Service Centers
                                                                   Fiscal Year 2006
                                                                   As of March 31, 2005




                                                         Actual                                                      Projected
                                              For the Nine Months Ended                   Initial           Year End          Favorable            %
                                              31-Mar-06         31-Mar-05                 Budget            Projection      (Unfavorable)       Variance
Revenue

   Revenue from Outside of OUS            $         332,200    $        385,996       $       446,442   $        485,440    $       91,898           20.6%
   Revenue From OUS Depts                           937,851             952,047             2,066,412          1,812,076          (598,732)         -29.0%

Total Revenue                                     1,270,051            1,338,043            2,512,854          2,297,516          (215,338)          -8.6%



Expense

   Total Salaries and OPE                         1,114,823              984,459            1,474,660          1,337,109           137,551            9.3%
   Service and Supplies                             947,622            1,461,211            1,093,041            946,377           146,664           13.4%
   Depreciation                                      42,690               53,897               31,382             69,756           (38,374)        -122.3%
Total Expense                                     2,105,135            2,499,567            2,599,083          2,353,242           245,841            9.5%
                                                                                                                                         -
   Net Change From Operations                      (835,084)          (1,161,524)            (86,229)            (55,726)           30,503           35.4%
   Net Transfers In/(Out)                                 -                    -             579,131                              (579,131)        -100.0%
Net Increase (Decrease) in Fund Balance            (835,084)          (1,161,524)            492,902             (55,726)         (548,628)        -111.3%

Beginning Fund Balance                                                                       614,737             614,737                    -              -

Projected Ending Fund Balance                                                         $     1,107,639   $        559,011    $     (548,628)         -49.5%




                                                      Unaudited - For Management Purposes Only

                                                                           28

				
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