USD President's Report 2018

2017-18 Financial Operations

TOTAL OPERATING REVENUE, GAINS AND OTHER SUPPORT*

SOURCES OF 2017 18 OPERATING REVENUE, GAINS AND OTHER SUPPORT

2017-18

2016-17

2015-16

Tuition and fees, net of student aid

$ 253,212,723 $ 241,413,247 $ 231,318,439

Grants and contracts

16,321,093 18,437,189 20,261,967

16,573,985 19,739,854 17,347,396 48,607,426 6,348,726

16,715,954 26,758,359 15,640,220 47,612,336 5,753,475

Contributions

Investment income, net

Sales and services of auxiliary enterprises 49,551,405

69.3%

Athletics, recreation and other

7,397,043

13.6%

Total

$365,181,420 $350,030,634 $343,798,784

5.5%

5.0%

OPERATING FUNCTIONAL EXPENSES*

4.6%

2017-18

2016-17

2015-16

2.0%

Educational and program expenses Auxiliary enterprise expenditures Management and general expenses

$ 210,815,722 $ 208,765,026 $ 199,927,484

Tuition and fees, net of student aid Sales and services of auxiliary enterprises Investment income, net Contributions Grants and contracts Athletics, recreation and other

43,081,541 73,417,908

43,010,258 69,385,724

42,959,225 67,810,718

Total

$327,315,171 $321,161,008 $310,697,427

INCREASE IN COMBINED NET ASSETS*

2017-18

2016-17

2015-16

Unrestricted net assets

$ 64,513,330 $72,398,636 $ (1,373,039)

Temporarily restricted net assets Permanently restricted net assets

34,716,518 3,961,016

15,975,869 4,239,811

(14,311,358)

4,114,873

Overall increase in net assets

$103,190,864 $92,614,316 $(11,569,524)

*Fiscal year ending June 30.