Student Activities Funds Student activities funds are comprised of three main functions – the Services and Activities fees, SURC fees, and Recreation Center fees. The student activities funds carry debt as part of the CWU System, and much of the revenues are derived from student fees intended to service the debt related to the SURC. A portion of the Services and Activities fee, which is a component of tuition, goes to service the SURC debt, but the majority funds student-centered programming, such as the Diversity and Equity Center and the Center for Leadership and Civic Engagement. Expense drivers for the student activities funds include staff FTE, wage rates, and a considerable number of student employees as well. The expansion of recreation facilities now underway will put some additional pressure on expenses going forward, which may require a Recreation Center fee increase, however, there are no current plans to raise any of the fees in this fund group. Below is a summary of the operating results for the student activities funds, noting that vacancy rates play a role in the FY 2019 wage-and-benefit budget here as well. Student Activities Funds Operations ('000s) FY15 FY16 FY17 FY18 (F) FY19 (B) Revenues $12,255 $12,909 $13,331 $13,467 $13,454 Expenses Wages & Benefits 5,684 6,228 6,529 6,802 7,758 Goods & Services 3,640 3,895 3,824 3,845 3,060 Debt Service 2,342 2,342 2,342 2,342 2,482 Total Expenses 11,666 12,466 12,695 12,988 13,300 Net Margin $589 $443 $636 $478 $154 Excludes depreciation
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