Colorado School of Mines
All Funds Operating Budget
Fiscal Year 2016
(in millions)
Attachment 1
Designated & 
FY16 
Designated & 
Restricted FY16 
Total FY16 
FY15 
Proposed 
Restricted FY15 
Proposed 
Total FY15 
Proposed 
in millions 
Forecast 
Budget
Forecast
Budget
Forecast
Budget
Revenues
Tuition and Fees (including Continuing Education)
$126.35 
$134.86
$17.32
$17.84
$143.67 
$152.69 
Research
            11.68             11.98
                 57.77
 
                 57.77
             69.45              69.75 
Auxiliary
            16.51             17.78
                   5.16
                   5.66
             21.67              23.44 
Fee for Service/State Support
            12.38             14.26
                   1.60
                   1.75
             13.98              16.01 
Gifts
              1.90               1.90
                 20.57
 
                 20.57
             22.47              22.47 
Other
              3.81               3.04
                   7.26
                   7.20
             11.08              10.24 
Total Revenues
172.63
       183.81 
            109.68              110.79 
        282.31 
      294.60 
Expenditures
Instruction
60.60            65.97
                   9.10
                   9.10
             69.71 
75.07
Research
4.10              4.22
                 57.23
 
                 57.32
             61.33 
61.55
Public Service
                   ‐                   ‐
                   0.24
                   0.24
                0.24 
0.24
Academic Support
            19.64             20.50
                   0.21
                   0.21
             19.85 
20.71
Student Services
5.35              5.79
                   1.65
                   1.65
                7.01 
7.44
Institutional Support
17.40            18.22
                   0.90
                   0.90
             18.30 
19.12
Operations and Maintenance of Plant
            16.99             19.14
                   3.80
                   3.79
             20.79 
22.93
Scholarships & Fellowships
            18.04             21.81
                   9.75
                   9.95
             27.79 
31.76
Auxiliaries
            19.05             21.07
                 18.15
 
                 18.19
             37.19 
39.26
Total Expenditures
161.16
      176.72
            101.04
            101.36
        262.20 
      278.09 
Net Operating Activity Before Reserves
11.47
7.08
8.65
9.43
             20.12              16.51 
Capital/Reserve Additions
           10.86               6.38
                   2.48
                   0.52
            13.34               6.90 
Net Operating Activity
$0.61 
$0.70 
$6.17 
$8.91 
$6.77 
$9.61