From February Board Meeting
FISCAL YEAR 2021
Better/ (Worse)
• Full year forecast shows increasing deficits (+$2.6M) • CWU System ~$9M operating loss • Does not reflect impact of federal recovery funding • State Budget critical
OPERATING FUNDS
Budget
Forecast
In Thousands
Revenues
State General Local General
123,709 122,916
(793)
31,649 28,989 (2,660) 46,070 24,556 (21,514)
Enterprise Funds Student Funds
13,500 12,824
(676)
Total Operating Revenues
214,928 189,285 (25,643)
EXPENSES
State General Local General
125,925 125,069 34,743 30,073
856
4,670
Enterprise Funds Student Funds
50,562 35,322 15,240
12,971 10,720
2,251
Total Operating Expenses
224,201 201,184 23,017
Operating Net
(9,273)
(11,899)
(2,626)
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