The University of Memphis · 2019-08-08 · THE TENNESSEE BOARD OF REGENTS The Honorable Bill...

The University of Memphis

Financial Report

For the Year Ended June 30, 2013

THE TENNESSEE BOARD OF REGENTSThe Honorable Bill Haslam, Governor of Tennessee and Chair

The Honorable Gregory Duckett, Memphis

The Honorable J. Parker Smith, Kingsport

The Honorable John S. "Steve" Copeland, Cookeville

The Honorable Danni B. Varlan, Knoxville

The Honorable John Farris, Memphis

The Honorable Robert P. Thomas, Nashville

The Honorable Emily J. Reynolds, Nashville

The Honorable Darrell S. Freeman, Sr., Nashville

The Honorable Fran Marcum, Tullahoma

The Honorable Tom Griscom, Chattanooga

The Honorable Howard Roddy, Chattanooga

The Honorable Jonas Kisber, Jackson

The Honorable Deanna Wallace, Faculty Regent

The Honorable Ashley Humphrey, Student Regent

The Honorable Richard Rhoda, Executive Director, Tennessee Higher Education Commission

The Honorable Kevin S. Huffman, Commissioner of Education

The Honorable Julius Johnson, Commissioner of Agriculture

THE TENNESSEE BOARD OF REGENTS

ADMINISTRATIVE OFFICERSJohn Morgan, Chancellor

Kay Clark, Interim Vice Chancellor for Academic Affairs

Wendy Thompson, Vice Chancellor for Organizational Effectiveness & Strategic Initiatives

Dale Sims, Vice Chancellor for Business and Finance

Thomas Danford, Chief Information Officer

James King, Vice Chancellor for Tennessee Technology Centers

Mary Moody, General Counsel and Board Secretary

David Gregory, Vice Chancellor for Administration & Facilities Development

Monica Greppin-Watts, Director of Communications

Phyllis Anderson, Executive Assistant to the Chancellor

Warren Nichols, Vice Chancellor for Community Colleges

Jona Coppola, Assistant to the Chancellor

Sonja Mason, Executive Assistant to the Board Secretary

ADMINISTRATIVE OFFICERSR. Brad Martin, Interim President

M. David Rudd, Provost

David G. Zettergren, Vice President for Business and Finance

Rosie Phillips Bingham, Vice President for Student Affairs

Ellen Watson, Chief Information Officer & Vice Provost, Information Technology

Julie Johnson, Vice President for Advancement

Linda Bonnin, Vice President for Communications, Public Relations, and Marketing

Tom Bowen, Director of Intercollegiate Athletics

Byron Morgan, Chief Audit Executive for Internal Audit

FINANCIAL STAFFJeannie G. Smith, Assistant Vice President for Business and Finance

Libby Shelton, Controller

Lorrean Lim, Director for Financial Analysis and Treasury Services

Wendi Scott, Manager of Financial Reporting

Terrice Watson, Manager of General Accounting

Linda Heide, Manager of Grants and Contracts Accounting

Russell Teague, Director of Payroll

Deborah Becker, Director of Budgeting

TABLE OF CONTENTS

Letters of Transmittal .......................................................................................................................................................1

Management Discussion and Analysis ............................................................................................................................3

Unaudited Statement of Net Assets ............................................................................................................................... 13

Unaudited Statement of Revenues, Expenses, and Changes in Net Assets .................................................................... 15

Unaudited Statement of Cash Flows – University ......................................................................................................... 17

Notes to Financial Statements ........................................................................................................................................ 19

Schedule of Funding Progress – University ................................................................................................................... 37

Unaudited Statement of Cash Flows – Foundation ........................................................................................................ 38

SCHEDULES

1 Schedule of Balances in Current Unrestricted and Auxiliary Enterprise Funds ..............................................................40

2 Schedule of Current Funds Revenues ..............................................................................................................................41

3 Schedule of Current Funds Expenditures and Transfers by Function ..............................................................................45

4 Schedule of Changes in Fund Balances - Current Restricted Funds ................................................................................68

5 Schedule of Changes in Fund Balances - Loan Funds ................................................................................................... 113

6 Schedule of Changes in Fund Balances - Endowment Funds ........................................................................................ 114

7 Schedule of Changes in Fund Balances - Unexpended Plant Funds .............................................................................. 115

8 Schedule of Changes in Fund Balances - Funds for Renewals and Replacements ........................................................ 121

9 Schedule of Changes in Fund Balances - Funds for the Retirement of Indebtedness .................................................... 122

10 Schedule of Changes in Investment in Plant .................................................................................................................. 124

APPENDICES

I Schedule of Revenues, Expenditures and Transfers - University Store ......................................................................... 134

II Schedule of Revenues, Expenditures and Transfers - Food Services ............................................................................ 135

III Schedule of Revenues, Expenditures and Transfers - Student Housing......................................................................... 136

IV Schedule of Revenues, Expenditures and Transfers - Other Housing ............................................................................ 138

V Schedule of Revenues, Expenditures and Transfers - Intercollegiate Athletics ............................................................. 139

VI Schedule of Revenues, Expenditures and Transfers - Other Auxiliary Enterprises ....................................................... 143

VII Schedule of Investments by Fund Groups ..................................................................................................................... 144

VIII Schedule of Bonds and Notes Payable ........................................................................................................................... 145

IX Schedule of Expenditures and Transfers by Object ....................................................................................................... 147

THE UNIVERSITY OF MEMPHIS Management Discussion and Analysis


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This section of The University of Memphis’s annual financial report presents a discussion

and analysis of the financial performance of the University during the fiscal year ended June

30, 2013, with comparative information presented for the fiscal year ended June 30, 2012.

This discussion has been prepared by management along with the financial statements and

related note disclosures and should be read in conjunction with the financial statements and

notes. The financial statements, notes, and this discussion are the responsibility of

management.

The University has one discretely presented component unit, the University of Memphis

Foundation. More detailed information about the foundation is presented in Note 22 to the

financial statements. This discussion and analysis focuses on the University and does not

include the foundation.

Overview of the Financial Statements

The financial statements have been prepared in accordance with generally accepted

accounting principles as prescribed by the Governmental Accounting Standards Board

(GASB), which establishes standards for external financial reporting for public colleges and

universities. The financial statements are presented on a consolidated basis to focus on the

University as a whole. The full scope of the University’s activities is considered to be a

single business-type activity, and accordingly, is reported within a single column in the basic

financial statements.

The University’s financial report includes the Statement of Net Position, the Statement of

Revenues, Expenses, and Changes in Net Position, and the Statement of Cash Flows. Notes

to the financial statements are also presented to provide additional information that is

essential to a full understanding of the financial statements.

The Statement of Net Position

The Statement of Net Position is a point in time financial statement. The Statement of Net

Position presents the financial position of the University at the end of the fiscal year. To aid

the reader in determining the University’s ability to meet immediate and future obligations,

the statement includes all assets, liabilities, deferred outflows/inflows, and net position of

the University and segregates the assets and liabilities into current and noncurrent

components. Current assets are those that are available to satisfy current liabilities, inclusive

of assets that will be converted to cash within one year. Current liabilities are those that will

be paid within one year. The Statement of Net Position is prepared under the accrual basis

of accounting; assets and liabilities are recognized when goods or services are provided or

received despite when cash is actually exchanged.

From the data presented, readers of the statement are able to determine the assets available

to continue the operations of the University. They are also able to determine how much the

University owes vendors, lenders, and others. Net position represents the difference



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between the University’s assets and liabilities, along with the difference between deferred

outflows and deferred inflows, and is one indicator of the University’s current financial

condition.

The Statement of Net Position also indicates the availability of net position for expenditure

by the University. Net position is divided into three major categories. The first category,

net investment in capital assets, represents the University’s total investment in property,

plant, and equipment, net of outstanding debt obligations related to these capital assets. To

the extent debt or deferred inflows of resources have been incurred but not yet expended for

capital assets, such amounts are not included. The next category is restricted net position,

which is sub-divided into two categories, nonexpendable and expendable. Nonexpendable

restricted net position includes endowment and similar resources whose use is limited by

donors or other outside sources and as a condition of the gift, the principal is to be

maintained in perpetuity. Expendable restricted net position is available for expenditure by

the University but must be spent for purposes as determined by donors and/or external

entities that have placed time or purpose restrictions on the use of the resources. The final

category is unrestricted net position. Unrestricted net position is available to the University

for any lawful purpose of the University.

The following table summarizes the University’s assets, liabilities, deferred

outflows/inflows, and net position at June 30, 2013, and June 30, 2012.

FY 2013 FY 2012

Assets:

Current assets 89,341$ 102,887$

Capital assets, net 417,898 405,583

Other assets 97,464 97,711

Total Assets 604,703$ 606,181$

Deferred Outflows of Resources:

Deferred loss on debt refunding 231$

Total Deferred Outflows 231$

Liabilities:

Current liabilities 46,045$ 54,356$

Noncurrent liabilities 128,400 130,104

Total Liabilities 174,445$ 184,460$

Net Position:

Net investment in capital assets 312,893$ 297,926$

Restricted - nonexpendable 3,806 3,760

Restricted - expendable 9,302 8,775

Unrestricted 104,488 111,260

Total Net Position 430,489$ 421,721$

Statement of Net Position

(in thousands of dollars)



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Comparison of FY 2013 to FY 2012

Current Assets decreased primarily due to the sale of US Government Securities of

$10 million which was used to fund capital projects.

On August 1, 2012, the State issued revenue bonds to advance refund four

outstanding bond issues. Although the defeased bond on the University Service

Court resulted in a loss that the University deferred and amortized over 13 years, the

University in effect reduced its aggregate debt service payments by over $500,000

over the next 13 years.

Current Liabilities decreased primarily due to the timing of bank transfers for the

June 30 payrolls and reductions in accrued liabilities for both the faculty voluntary

buyout and athletic contractual obligations.

The Statement of Revenues, Expenses, and Changes in Net Position

The Statement of Revenues, Expenses, and Changes in Net Position presents the results of

operations for the fiscal year. Revenues and expenses are recognized when earned or

incurred, regardless of when cash is received. The statement indicates whether the

University’s financial condition has improved or deteriorated during the fiscal year. The

statement presents the revenues received by the University, both operating and

nonoperating, and the expenses paid by the University, operating and nonoperating, and any

other revenues, expenses, gains, or losses received or spent by the University.

Generally speaking, operating revenues are received for providing goods and services to the

various customers and constituencies of the University. Operating expenses are those

expenses paid to acquire or produce the goods and services provided in return for the

operating revenues, and to carry out the mission of the University. Nonoperating revenues

are revenues received for which goods and services are not provided directly to the payor.

Although the University of Memphis is dependent upon state appropriations and gifts to

fund educational and general operations, under GASB standards these funding sources are

reported as nonoperating revenues, as is investment income. As a result, the University has

historically reported an excess of operating expenses over operating revenues, resulting in an

operating loss. Therefore, the “increase in net position” is more indicative of overall

financial results for the year.

A summary of the University’s revenues, expenses, and changes in net position for the year

ended June 30, 2013, and June 30, 2012, follows.



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FY 2013 FY 2012

Operating revenues 223,364$ 219,852$

Operating expenses (416,611) (427,536)

Operating loss (193,247)$ (207,684)$

Nonoperating revenues and expenses 182,587$ 190,146$

Income (loss) before other revenues,

expenses, gains or losses (10,660)$ (17,538)$

Other revenues, expenses, gains or losses 19,428$ 37,594$

Increase (decrease) in net position 8,768$ 20,056$

Net position at beginning of year 421,721 405,913

Prior period adjustment (4,248)

Net position at end of year 430,489$ 421,721$

Statement of Revenues, Expenses, and Changes in Net Position


Operating Revenues

The following summarizes the operating revenues by source that were used to fund

operating activities for the last two fiscal years:

59%

17%

14% 10%

2013

Tuition and Fees

Grants and Contracts

Sales and Services

Auxiliaries

57%

19%

14% 10%

2012



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Tuition revenues increased by $7.6 million primarily due to an 8.2% increase in

student fees.

Grants and contracts revenue decreased by $4.6 million primarily due to a reduction

in federally funded grants.

Operating Expenses

Operating expenses may be reported by nature or function. The University has chosen to

report the expenses in their natural classification on the statement of revenues, expenses, and

changes in net position and has displayed the functional classification in the notes to the

financial statements. The following summarizes the operating expenses by natural

classifications for the last two fiscal years:


Salaries and wages increased primarily due to a 2.5% across the board pay raise

effective July 1, 2012.

Benefits expense increased and scholarships expense decreased by $13.5 million due

to the reclassification of tuition remissions for graduate assistants from scholarships

to benefits.

Depreciation expense decreased by $10 million due to the removal of periodicals as a

capitalized asset in FY 2012 which resulted in a corresponding increase in

depreciation expense of $10.9 million that year.

45%

17%

23%

10% 5%

2013

Salaries and wages

Benefits

Utilities, Supplies,and Other Services

Scholarships andFellowships

Depreciation

43%

13%

24%

13%

7%

2012



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Nonoperating Revenues and Expenses

Certain revenue sources that the University relies on to provide funding for operations,

including state noncapital appropriations, certain gifts and grants, and investment income are

defined by the GASB as nonoperating. Nonoperating expenses include capital financing

costs and other costs related to capital assets. The following summarizes the University’s

nonoperating revenues and expenses for the last two fiscal years:


State appropriations for operations decreased by $3.3 million from FY 2012

primarily due to a 2.2% overall base appropriation reduction and the phased-in

removal of the hold harmless provision of Tennessee Higher Education

Commission’s (THEC) new funding formula model.

Grants and contracts revenue decreased by $4.5 million primarily due to a reduction

in student Pell Grants received from the federal government. The Pell Grant

guidelines were revised beginning in FY 2013 to limit a student’s Pell Grant

Lifetime Eligibility Used to six years.

52%

13%

34% 1%

2013

State Appropriations

Gifts

Grants and Contracts

Investment Income

52%

12%

35% 1%

2012



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Other Revenues

This category is composed of State appropriations for capital purposes, capital grants and

gifts, and additions to permanent endowments. These amounts were as follows for the last

two fiscal years:


Capital appropriations increased due to State Capital Maintenance Projects funding

for Heating, Ventilation, and Air Conditioning (HVAC), underground utility

upgrades and elevator modernization.

While the Defense Audit building on the Park Avenue Campus valued at $9 million

was transferred to the University by the United States government in FY 2013,

capital gifts decreased by $20 million due to the acquisition of the Lambuth Campus

that was capitalized in FY 2012.

Capital Assets and Debt Administration

Capital Assets

The University of Memphis had $418 million invested in capital assets, net of accumulated

depreciation of $201 million at June 30, 2013; and $406 million invested in capital assets,

net of accumulated depreciation of $183.7 million at June 30, 2012. Depreciation charges

totaled $19.4 million and $29 million for the years ended June 30, 2013, and June 30, 2012,

respectively.

27%

73%

2013

Capital Appropriations

Capital Grants andGifts

8%

92%

2012



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FY 2013 FY 2012

Land 18,575$ 18,487$

Improvements & infrastructure 51,287 49,417

Buildings 299,147 296,891

Equipment 15,393 14,719

Library holdings 6,664 6,997

Intangible assets 4,378 5,119

Projects in progress 22,454 13,953

Total 417,898$ 405,583$

Schedule of Capital Assets, Net of Depreciation

( in thousands of dollars)

Significant additions to capital assets occurred in FY 2013. These additions were from the

acquisition of the Defense Audit Building located on the Park Avenue Campus, the

construction in progress of the Community Health Facility and a new student housing

facility as well as various HVAC, roof replacement and elevator modernization projects.

At June 30, 2013, outstanding commitments under construction contracts totaled $14 million

for various renovations and repairs of buildings and infrastructure as well as new building

construction. Future state capital outlay appropriations will fund $5.2 million of these costs.

More detailed information about the University’s capital assets is presented in Note 5 to the


Debt

The University had $105.2 million and $107.6 million in debt outstanding at June 30, 2013,

and June 30, 2012, respectively. The table below summarizes these amounts by type of debt

instrument.

FY 2013 FY 2012

TSSBA Bonds Payable 96,420$ 100,508$

TSSBA Commercial Paper 2,684 88

GO Commercial Paper 4,085 4,271

Capital Lease 2,047 2,790

Total 105,236$ 107,657$

Outstanding Debt




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The Tennessee State School Bond Authority (TSSBA) issued bonds with interest rates

ranging from 0.18% to 5.63% due 2040 on behalf of the University of Memphis. The

University is responsible for the debt service of these bonds. The current portion of the

$96.4 million outstanding at June 30, 2013, is $4 million.

The TSSBA issued commercial paper with variable interest rates on behalf of the University

of Memphis. The University is responsible for the debt service of these obligations. The

outstanding amount at June 30, 2013 is $2.7 million.

The Tennessee State Funding Board issued General Obligation commercial paper with

variable interest rates on behalf of the University of Memphis. The University is responsible

for the debt service of these obligations. The outstanding amount at June 30, 2013 is $4.1

million.

The University has a capital lease agreement for the campus wide data network equipment

and services. This agreement has an imputed interest rate of 5.517% due December 31,

2015. The current portion of the $2 million outstanding at June 30, 2013, is $785,299.

The ratings on debt issued by the TSSBA at June 30, 2013, were as follows:

Fitch AA+

Moody’s Investor Service Aa1

Standard & Poor’s AA

More information about the University’s long-term liabilities is presented in Note 8 to the


Economic Factors That Will Affect the Future

Despite relatively modest economic growth, the state has been able to make up additional

ground previously lost over the course of the recession. The July 2013 collections of the

Tennessee Department of Revenue revealed a 4.4% increase from July 2012 collections.

Even though the State’s revenue collections continue on a gradual upward trend in the midst

of a still-uncertain economic recovery in Tennessee, the impact this will have on future

higher education funding both in operating appropriation and future building projects is not

clear.

For the sixth consecutive year, the University’s base State appropriations will be reduced.

The impact of the reduction for FY 2014 is $737,300 or 0.9% from the previous year. Since

FY 2008, the University has sustained a cumulative State appropriation reduction of $44.3

million or 36% by FY 2014. However, the Governor reiterated in his 2013 State of the State

address his commitment to making significant progress in education. He revealed his

“Drive to 55”, a strategic initiative to increase the percentage of Tennesseans who have



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earned an associate’s degree or higher from 32% to 55% by the year 2025. The expectation

is that higher education will be a prime area of focus during the upcoming legislative

session, with an emphasis on the financial burden of higher education on students.

To compensate for the reduction in State appropriations, the University will utilize FY 2013

operating carry forward funds to transition to reduced State appropriations in accordance

with the University’s financial plan, which includes budget reductions, restructuring and

position attritions. The University has implemented a 6.0% increase in student fees for FY

2014 which will provide funding for faculty merit and equity, tenure track faculty

promotions, student retention efforts and scholarships costs associated with tuition increases.

We continue to remain cognizant of the impact future tuition increases may have on our

students and are striving to minimize tuition increases to the greatest extent possible.

In July 2013, Interim President R. Brad Martin began his leadership role at the University of

Memphis. He has outlined several key initiatives which include a strategic review of the

University’s organization and operations to improve effectiveness and efficiency, in addition

to a commitment to build actionable plans to increase enrollment by 1,000 students for

2014-15 and 1,000 for 2015-16. The University’s continued focus on the development of on

line courses and the expansion of course offerings at the University of Memphis Lambuth

Campus provide a significant opportunity for enrollment and revenue growth.

We are not aware of any other factors, decisions, or conditions that are expected to have a

significant impact on the financial position or results of operation during this fiscal year.

Requests for Information

This financial report is designed to provide a general overview of the institution’s finances

for all those with an interest in the University’s finances. Questions concerning any of the

information provided in this report or requests for additional financial information should be

directed to Libby Shelton, Controller; Administration Building, Room 275, Memphis,

Tennessee 38152.

University Foundation

ASSETS

Current assets:

Cash and cash equivalents (Notes 2 and 22) 39,397,710.80$ 684,874.00$

Short-term investments (Note 3) 20,659,822.50

Accounts, notes, and grants receivable (net) (Note 4) 17,567,239.14

Due from component unit 10,271,206.16

Pledges receivable (net) (Note 22) 4,252,700.00

Inventories (at lower of cost or market) 593,825.59

Prepaid expenses 295,456.27

Accrued interest receivable 555,614.80 23,579.00

Total current assets 89,340,875.26$ 4,961,153.00$

Noncurrent assets:

Cash and cash equivalents (Note 2) 74,022,878.26$

Investments (Notes 3 and 22) 19,019,545.60 114,682,572.00$

Accounts, notes, and grants receivable (net) (Note 4) 4,419,582.60 64,527.00

Pledges receivable (net) (Note 22) 9,668,066.00

Capital assets (net) (Note 5) 417,898,190.74

Other assets 2,500.00 778,265.00

Total noncurrent assets 515,362,697.20$ 125,193,430.00$

Total assets 604,703,572.46$ 130,154,583.00$

DEFERRED OUTFLOWS OF RESOURCES

Deferred loss on debt refunding 230,708.43$

Total deferred outflows of resources 230,708.43$

LIABILITIES

Current liabilities:

Accounts payable (Note 7) 7,147,670.70$ 1,339,372.84$

Accrued liabilities 16,517,679.56 163,085.00

Due to primary government 10,271,206.16

Student deposits 1,378,390.45

Unearned revenue 10,972,818.02

Compensated absences (Note 8) 2,563,080.52

Accrued interest payable 726,795.31

Long-term liabilities, current portion (Note 8) 4,791,343.36

Deposits held in custody for others 870,052.23

Other liabilities (Note 8) 1,077,190.11

Total current liabilities 46,045,020.26$ 11,773,664.00$

THE UNIVERSITY OF MEMPHIS

Unaudited Statement of Net Position

June 30, 2013

13



Unaudited Statement of Net Position

June 30, 2013

Noncurrent liabilities:

Net OPEB obligation (Note 12) 15,808,236.38$

Compensated absences (Note 8) 7,053,916.38

Long-term liabilities (Note 8) 100,444,501.12

Due to grantors (Note 8) 4,419,582.60

Other liabilities (Note 8) 674,028.38

Total noncurrent liabilities 128,400,264.86$

Total liabilities 174,445,285.12$ 11,773,664.00$

NET POSITION

Net investment in capital assets 312,893,054.69$

Restricted for:

Nonexpendable:

Scholarships and fellowships 1,485,040.02 27,722,571.00$

Instructional department uses 19,611,107.00

Other 2,321,025.35 13,142,621.00

Expendable:

Scholarships and fellowships 1,054,203.09 9,443,633.00

Research 1,758,203.14 5,493,100.00

Instructional department uses 2,387,988.83 12,886,935.00

Loans 2,752,629.77

Capital projects 46,865.32 4,928,344.00

Debt service 8,884.66

Other 1,293,108.85 16,764,422.00

Unrestricted 104,487,992.05 8,388,186.00

Total net position 430,488,995.77$ 118,380,919.00$

The notes to the financial statements are integral part of this statement.

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REVENUES

Operating revenues:

Student tuition and fees (net of scholarship

allowances of $49,625,319.36) 132,684,540.32$

Gifts and contributions 25,254,600.00$

Governmental grants and contracts 31,509,077.73

Non-governmental grants and contracts 6,044,950.69

Sales and services of educational activities 5,345,904.33

Sales and services of other activities 25,184,089.96

Auxiliary enterprises:

Residential life (net of scholarship allowance 15,108,189.28

of $286,902.45 - all residential life revenues are

used as security for revenue bonds, see Note 10)

Bookstore 674,706.40

Food service 1,018,378.46

Other auxiliaries 5,612,220.21

Interest earned on loans to students 182,262.20

Total operating revenues 223,364,319.58$ 25,254,600.00$

EXPENSES

Operating Expenses

Salaries and wages 189,062,482.63$

Benefits 69,055,970.29

Utilities, supplies, and other services 96,185,507.35 132,987.00$

Scholarships and fellowships 42,931,670.25

Depreciation expense 19,375,957.08

Payments to or on behalf of University of Memphis 25,661,661.00

Total operating expenses 416,611,587.60$ 25,794,648.00$

Operating income (loss) (193,247,268.02)$ (540,048.00)$


Unaudited Statement of Revenues, Expenses, and Changes in Net Position


15



Unaudited Statement of Revenues, Expenses, and Changes in Net Position


NONOPERATING REVENUES (EXPENSES)

State appropriations 97,266,259.00$

Gifts, including $21,479,276.27 from the Foundation 23,269,311.29

Grants and contracts 64,375,338.06

Investment income (net of investment expense 2,178,911.38 12,166,694.00$

$38,112.98 for the University and

$184,962.00 for the Foundation)

Interest on capital asset-related debt (4,201,215.68)

Other non-operating revenues/(expenses) (301,205.44)

Net nonoperating revenues 182,587,398.61$ 12,166,694.00$

Income before other revenues, expenses

gains, or losses (10,659,869.41)$ 11,626,646.00$

Capital appropriations 5,241,430.91$

Capital grants and gifts, including $4,182,385.00 14,149,011.91

from the Foundation

Additions to permanent endowments 37,684.44 3,279,570.00$

Total other revenues 19,428,127.26$ 3,279,570.00$

Increase (decrease) in net position 8,768,257.85$ 14,906,216.00$

NET POSITION

Net position - beginning of year 421,720,737.92$ 103,474,703.00$

Net position - end of year 430,488,995.77$ 118,380,919.00$


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THE UNIVERSITY OF MEMPHIS Notes to the Financial Statements


19

1. Summary of Significant Accounting Policies

REPORTING ENTITY

The University is a part of the State University and Community College System of Tennessee (Tennessee

Board of Regents). This system is a component unit of the State of Tennessee because the state appoints a

majority of the system’s governing body and provides significant financial support; the system is discretely

presented in the Tennessee Comprehensive Annual Financial Report.

The financial statements present only that portion of the Tennessee Board of Regents’ activities that is

attributable to the transactions of the University of Memphis.

The University of Memphis Foundation is considered a component unit of the University. Although the

University does not control the timing or amount of receipts from the Foundation, the majority of resources, or

income thereon, that the Foundation holds and invests are restricted to the activities of the University by the

donors. Because these restricted resources held by the Foundation can only be used by, or for the benefit of,

the University, the Foundation is considered a component unit of the University and is discretely presented in

the University’s financial statements. See Note 22 for more detailed information about the component unit

and how to obtain the report.

BASIS OF PRESENTATION

The University and Foundation’s financial statements have been prepared in conformity with accounting

principles generally accepted in the United States of America applicable to governmental colleges and

universities engaged in business-type activities as prescribed by the Governmental Accounting Standards

Board (GASB).

BASIS OF ACCOUNTING

For financial statement purposes, the University is considered a special-purpose government engaged only in

business-type activities. Accordingly, the financial statements have been prepared using the economic

resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and

expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Grants and

similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have

been met. All significant interfund transactions have been eliminated.

The University has classified its revenues and expenses as either operating or nonoperating according to the

following criteria: Operating revenues and expenses are those that have the characteristics of exchange

transactions. Operating revenues include 1) tuition and fees, net of scholarship discounts and allowances,

2) most federal, state, local and private grants and contracts, 3) sales and services of auxiliary enterprises, net

of scholarship discounts and allowances, and 4) interest on institutional loans. Operating expenses include

1) salaries and wages, 2) employee benefits, 3) scholarships and fellowships, 4) depreciation, and 5) utilities,

supplies, and other services.

Nonoperating revenues and expenses include activities that have the characteristics of nonexchange

transactions, such as gifts and contributions, and other activities that are defined as nonoperating by GASB

Statement 9, Reporting Cash Flows of Proprietary and Nonexpendable Trust Funds and Governmental

Entities that Use Proprietary Fund Accounting, and GASB Statement 34, such as state appropriations and

investment income.

When both restricted and unrestricted resources are available for use, it is the University’s policy to determine

whether to use restricted or unrestricted resources first depending upon existing facts and circumstances.



20

CASH EQUIVALENTS

This classification includes instruments that are readily convertible to known amounts of cash and have

original maturities of three months or less.

INVENTORIES

Inventories are valued at the lower of cost or market. All other items are maintained on an average cost or

first-in, first-out basis.

COMPENSATED ABSENCES

The University’s employees accrue annual and sick leave at varying rates, depending upon length of service or

classification. Some employees also earn compensatory time. The amount of the liabilities for annual leave

and compensatory time and their related benefits are reported in the Statement of Net Position. There is no

liability for unpaid accumulated sick leave since the University’s policy is to pay this only if the employee is

sick or upon death.

CAPITAL ASSETS

Capital assets, which include property, plant, equipment, library holdings, and intangible assets, are reported

in the Statement of Net Position at historical cost or at fair value at date of donation, less accumulated

depreciation. The costs of normal maintenance and repairs that do not add to the value of the asset or

materially extend the assets’ useful lives are not capitalized.

A capitalization threshold of $100,000 is used for buildings and $50,000 is used for infrastructure. Equipment

is capitalized when the unit acquisition cost is $5,000 or greater. The capitalization threshold for additions

and improvements to buildings and land is set at $50,000. The capitalization threshold for intangible assets is

set at $100,000.

These assets, with the exception of land, are depreciated/amortized using the straight-line method over the

estimated useful lives of the assets, which range from 5 to 40 years.

NET POSITION

The University’s Net Position is classified as follows:

NET INVESTEMENT IN CAPITAL ASSETS: This represents the University’s total investment in capital

assets, net of outstanding debt obligations related to those capital assets. To the extent debt has been incurred

but not yet expended for capital assets, such amounts are not included as a component of invested in capital

assets, net of related debt.

RESTRICTED NET POSITION – NONEXPENDABLE: Nonexpendable restricted Net Position consist of

endowment and similar type funds in which donors or other outside sources have stipulated, as a condition of

the gift instrument, that the principal is to be maintained inviolate and in perpetuity, and invested for the

purpose of producing present and future income, which may be expendable or added to principal.

RESTRICTED NET POSITION – EXPENDABLE: Restricted expendable Net Position include resources in

which the University is legally or contractually obligated to spend in accordance with restrictions imposed by

external third parties.



21

UNRESTRICTED NET POSITION: Unrestricted Net Position represent resources derived from student

tuition and fees, state appropriations, and sales and services of educational departments and auxiliary

enterprises. These resources are used for transactions relating to the educational and general operations of the

University, and may be used at the discretion of the University to meet current expenses for any purpose. The

auxiliary enterprises are substantially self-supporting activities that provide services for students, faculty, and

staff.

SCHOLARSHIP DISCOUNTS AND ALLOWANCES

Student tuition and fee revenues, and certain other revenues from students, are reported net of scholarship

discount and allowances in the statement of revenues, expenses, and changes in net position. Scholarship

discounts and allowances are the difference between the stated charge for goods and services provided by the

University, and the amount that is paid by the student and/or third parties making payments on the students’

behalf. Certain governmental grants, such as Pell grants, and other Federal, state or nongovernmental

programs are recorded as either operating or nonoperating revenues in the University’s financial statements.

To the extent that revenues from such programs are used to satisfy tuition and fees and other student charges,

the University has recorded a scholarship discount and allowance.

EARLY IMPLEMENTATION OF ACCOUNTING PRONOUNCEMENT

In March 2012, GASB issued Statement No. 65, Items Previously Reported as Assets and Liabilities. This

statement establishes accounting and financial reporting standards that reclassify, as deferred outflows of

resources or deferred inflows of resources, certain items that were previously reported as assets and liabilities

and recognizes, as outflows of resources or inflows of resources, certain items that were previously reported as

assets and liabilities. The provisions of this Statement are effective for financial statements for periods

beginning after December 15, 2012. The University has elected to early implement the provisions of this

statement for fiscal year 2013.

2. Cash and Cash Equivalents

In addition to demand deposits and petty cash on hand, this classification includes instruments which are

readily convertible to known amounts of cash and which have original maturities of three months or less. At

June 30, 2013, cash and cash equivalents consists of $10,506,575.01 in bank accounts, $50,920.00 of petty

cash on hand, $96,783,423.04 in the State of Tennessee Local Government Investment Pool administered by

the State Treasurer, and $6,079,671.01 in the LGIP Deposits – Capital Projects account.

LGIP Deposits – Capital Projects - Payments related to the University’s capital projects are made by the State

of Tennessee’s Department of Finance and Administration. The University’s estimated local share of the cost

of each project is held in a separate Local Government Investment Pool (LGIP) account. As expenses are

incurred, funds are withdrawn from the LGIP account by the Tennessee Board of Regents and transferred to

the Department of Finance and Administration. The funds in the account are not available to the University

for any other purpose until the project is completed and the Tennessee Board of Regents releases any

remaining funds.

3. Investments

All investments permitted to be reported at fair value under GASB Statement 31 are reported at fair value,

including those with a maturity date of one year or less at the time of purchase.



22

As of June 30, 2013, the University had the following investments and maturities:

Investment

Maturities in Years

Investment Type Fair Value Less than 1 From 1 to 5 years

US Treasury Notes 38,729,510.60$ 19,709,965.00$ 19,019,545.60$

Commercial Paper 749,857.50 749,857.50

Certificates of Deposit 200,000.00 200,000.00

Total $ 39,679,368.10 $ 20,659,822.50 $ 19,019,545.60

Interest Rate Risk. Interest rate risk is the risk that changes in interest rates will adversely affect the fair value

of a debt investment. The University does not have a formal investment policy that limits investment

maturities as a means of managing its exposure to fair value losses arising from increasing interest rates.

Credit Risk. Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its

obligations. The University is authorized by statute to invest funds in accordance with Tennessee Board of

Regents policies. Under the current policy, funds other than endowments may be invested only in obligations

of the United States or its agencies which are backed by the full faith and credit of the United States,

repurchase agreements for United States securities, certificates of deposit in banks and savings and loan

associations, banker's acceptances, commercial paper, money market mutual funds and the State of Tennessee

Local Government Investment Pool. The policy requires that investments of endowments in equity securities

be limited to funds from private gifts or other sources external to the University and that endowment

investments be prudently diversified. Securities are rated using Standard and Poor’s, Moody’s, and/or Fitch’s

and are presented below using the Standard and Poor’s rating scale.

TBR policy restricts investments in banker’s acceptances and commercial paper. The policy requires that

prime banker’s acceptances must be issued by domestic banks with a minimum AA rating or foreign banks

with a AAA long-term debt rating by a majority of the rating services that have rated the issuer. Prime

banker’s acceptances are required to be eligible for purchase by the Federal Reserve System. To be eligible,

the original maturity must not be more than 270 days, and it must 1) arise out of the current shipment of goods

between countries or with the United States, or 2) arise out of storage within the United States of goods under

contract of sale or expected to move into the channel or trade within a reasonable time and that are secured

throughout their life by a warehouse receipt or similar document conveying title to the underlying goods.

The policy requires that prime commercial paper shall be limited to that of corporations that meet the

following criteria: 1) Senior long-term debt, if any, should have a minimum rating of A1 or equivalent, and

short-term debt should have a minimum rating of A1 or equivalent, as provided by a majority of the rating

services that rate the issuer. If there is no long-term debt rating, the short-term debt rating must be A1 by all

rating services (minimum of two). 2) The rating should be based on the merits of the issuer or guarantee by a

nonbank. 3) A financial review should be made to ascertain the issuer’s financial strength to cover the debt.

4) Commercial paper of a banking institution should not be purchased. Prime commercial paper shall not

have a maturity that exceeds 270 days. As of June 30, 2013, the University’s investments were rated as

follows:

Credit Quality Rating

Investment Type Fair Value A+ Unrated

LGIP 102,863,094.05$ 102,863,094.05$

Commercial Paper 749,857.50 749,857.50$

Total $ 103,612,951.55 $ 749,857.50 $ 102,863,094.05



23

4. Accounts, Notes, and Grants Receivable

Accounts receivable included the following:

June 30, 2013

Student Accounts Receivable 11,461,597.19$

Grants Receivable 10,099,625.81

Notes Receivable 1,040,556.40

Other Receivables 6,572,585.06

Subtotal 29,174,364.46$

Less Allowance for Doubtful Accounts (11,111,008.48)

Total $ 18,063,355.98

Federal Perkins Loan Program funds include the following:

June 30, 2013

Perkins Loans Receivable 4,451,989.77$

Less Allowance for Doubtful Accounts (528,524.01)

Total 3,923,465.76$

5. Capital Assets

Capital asset activity for the year ended June 30, 2013, was as follows:

Beginning Balance Additions Transfers Reductions Ending Balance

Land 18,486,551.93$ 88,264.00$ 18,574,815.93$

Improvements 71,805,304.00 2,943,375.41 2,847,913.06$ 77,596,592.47

Buildings 424,988,684.43 9,483,574.84 2,848,251.13 437,320,510.40

Equipment 37,200,765.11 3,621,170.11 1,188,304.10$ 39,633,631.12

Library Holdings 13,907,651.50 1,321,382.04 971,021.04 14,258,012.50

Intangible Assets 9,018,675.37 156,440.35 9,175,115.72

Projects in Progress 13,952,874.81 14,197,732.90 (5,696,164.19) 22,454,443.52

Total 589,360,507.15$ 31,811,939.65$ 2,159,325.14$ 619,013,121.66$

Improvements 22,388,405.07$ 3,921,570.64$ 26,309,975.71$

Buildings 128,097,885.76 10,075,767.58 138,173,653.34

Equipment 22,481,564.98 2,826,721.43 1,067,538.97$ 24,240,747.44

Library Holdings 6,910,165.77 1,654,592.35 971,021.04 7,593,737.08

Intangible Assets 3,899,512.27 897,305.08 4,796,817.35

Total 183,777,533.85$ 19,375,957.08$ 2,038,560.01$ 201,114,930.92$

Capital Assets, Net 405,582,973.30$ 12,435,982.57$ 120,765.13$ 417,898,190.74$

Less Accumulated Depreciation:

6. Capital Leases

The University has capital lease agreements for the campus wide data network equipment and services. This

agreement has beginning and ending dates ranging from January 1, 2011 to December 31, 2015 with an

imputed interest rate of 5.517%. This lease agreement includes a purchase option at the end of the initial or

any renewal term to purchase all or part of the equipment for one dollar ($1.00) together with any accrued but

unpaid late charges. If a written notice to purchase or surrender the equipment is not submitted at least 90 days



24

before the end of the initial term, the lease will automatically renew for an additional 3 month term and

thereafter renew for a successive one month terms until the equipment is delivered or purchased. During such

renewals the amount of each rental payment remains the same.

Asset balances at June 30, 2013, were $2,047,794.14, net of accumulated depreciation of $2,047,794.15. The

following is a schedule by years of future minimum lease payments under capital leases together with the

present value of the net minimum lease payments as of June 30, 2013:

Year ended June 30 Minimum Payment

2014 878,591.28$

2015 878,591.28

2016 439,295.64

Total minimum lease payment 2,196,478.20$

Less: Amounts representing interest and exacter costs (149,130.32)

Present value of net minimum lease payment 2,047,347.88$

7. Accounts Payable

Accounts payable included the following:

June 30, 2013

Vendors Payables 4,029,615.99$

Construction Projects Payments 152,901.24

Other Payables 2,965,153.47

Total 7,147,670.70$

8. Long-term Liabilities

Long term liability activity for the year ended June 30, 2013, was as follows:

Beginning Ending Current

Balance Additions Reductions Balance Portion

Payables

TSSBA Debt

Bonds 96,493,193.46$ 5,343,791.00$ 9,582,529.47$ 92,254,454.99$ 4,006,044.46$

Unamortized Bond Premium 4,014,464.73 432,585.02 281,776.77 4,165,272.98

Commercial Paper 87,868.89 2,596,224.79 2,684,093.68

General Obligation Debt

Commercial Paper 4,270,653.20 156,555.75 342,534.00 4,084,674.95

Lease Obligation 2,790,589.20 743,241.32 2,047,347.88 785,298.90

Subtotal 107,656,769.48$ 8,529,156.56$ 10,950,081.56$ 105,235,844.48$ 4,791,343.36$

Other Liabilities

Compensated Absences 9,435,596.03$ 5,470,749.17$ 5,289,348.30$ 9,616,996.90$ 2,563,080.52$

Due to Grantor 4,375,802.18 84,657.00 40,876.58 4,419,582.60

Faculty Voluntary Buyout 2,027,881.75 600,395.14 877,058.40 1,751,218.49 1,077,190.11

Total Long-term Liabilities 123,496,049.44$ 14,684,957.87$ 17,157,364.84$ 121,023,642.47$ 8,431,613.99$



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TSSBA Debt - Bonds Payable

Bonds, with interest rates ranging from 0.18% to 5.63%, were issued by the Tennessee State School Bond

Authority. The bonds are due serially until 2040 and are secured by pledges of the facilities’ revenues to

which they relate and certain other revenues and fees of the University, including state appropriations, see

Note 10 for further details. The bonded indebtedness with the Tennessee State School Bond Authority

included in long-term liabilities on the Statement of Net Position is shown net of assets held by the authority

in the debt service reserve and net of unexpended debt proceeds. The reserve amount was $4,750,591.97 at

June 30, 2013.

Debt service requirements to maturity for the University’s portion of TSSBA bonds at June 30, 2013, are as

follows:

For the year

ending June 30 Principal Interest Total

2014 4,006,044.46$ 4,354,129.60$ 8,360,174.06$

2015 4,070,992.36 4,204,165.95 8,275,158.31

2016 4,249,113.05 4,027,405.95 8,276,519.00

2017 4,445,477.15 3,831,933.16 8,277,410.31

2018 4,639,359.22 3,649,248.00 8,288,607.22

2019 – 2023 25,039,106.75 14,903,358.55 39,942,465.30

2024 – 2028 26,400,705.00 8,922,892.01 35,323,597.01

2029 – 2033 11,153,476.00 3,363,914.69 14,517,390.69

2034 – 2038 6,890,021.00 1,409,332.84 8,299,353.84

2039 – 2040 1,360,160.00 170,920.00 1,531,080.00

Total 92,254,454.99$ 48,837,300.75$ 141,091,755.74$

TSSBA Debt - Commercial Paper

The Tennessee State School Bond Authority issues commercial paper to finance costs of various capital

projects during the construction phase. When projects are placed in service, long-term, fixed-rate debt is

issued by TSSBA to finance the project over its useful payback period and the commercial paper is redeemed.

The amount outstanding for projects at the University was $2,684,093.68 at June 30, 2013.

For the commercial paper program, the Tennessee State School Bond Authority maintains an interest rate

reserve fund. The University contributes amounts to the reserve fund based on the amounts drawn. The

principal of the reserve will be contributed to pay off notes or credited back to the University when the notes

are converted to bonds. The interest earned on the reserve is used to pay interest due during the month.

More detailed information regarding the bonds and commercial paper can be found in the notes to the

financial statements in the financial report for the Tennessee State School Bond Authority. That report is

available on the state’s website at http://tn.gov/comptroller/bf/tssbacafr.htm.

General Obligation Debt - Commercial Paper

The Tennessee State Funding Board issues commercial paper for the purpose of, among other things,

acquisition of certain sites and existing structures for expansion purposes for the TBR on the behalf of the

University. The amount outstanding for projects at the University was $4,084,674.95 at June 30, 2013. More

detailed information regarding the commercial paper can be found in the notes to the financial statements in

the financial report for the Tennessee State Funding Board. The Tennessee Comprehensive Annual Financial

Report is available on the state’s website at http://tennessee.gov/finance/act/cafr.html.

http://tn.gov/comptroller/bf/tssbacafr.htm

http://tennessee.gov/finance/act/cafr.html



26

Refunding of Debt

On August 1, 2012, the State issued $5,343,791.00 in revenue bonds with an average interest rate of 4.21

percent to advance refund $5,536,955.46 of outstanding 1998D, 2004A and 2005B Series bonds with an

average interest rate of 4.42 percent. The net proceeds of $5,838,705.28 (after payment of $16,679.95 in

underwriter’s fees and issuance costs) were deposited with an escrow agent to provide for all future debt

service payments on these bonds. As a result, these bonds are considered to be defeased and the liability

for those bonds has been removed from the University’s long-term liabilities.

Although the advance refunding resulted in the recognition of a deferred loss of $249,934.13 for the

University Service Court to be amortized over the next 13 years, the University in effect reduced its

aggregate debt service payments by $501,704.96 over the next 13 years and obtained an economic gain

(difference between the present values of the old and new debt service payments) of $643,459.26.

9. Endowments

If a donor has not provided specific instructions to the University, state law permits the University to

authorize for expenditure the net appreciation (realized and unrealized) of the investments of endowment

funds. When administering its power to spend net appreciation, the University is required to consider the

University’s long-term and short-term needs, present and anticipated financial requirements, expected total

return on its investments, price-level trends, and general economic conditions. Any net appreciation that is

spent is required to be spent for the purposes for which the endowment was established.

The University chooses to spend only a portion of the investment income (including changes in the value of

investments) each year. Under the spending plan established by the University, all interest earnings have

been authorized for expenditure. The remaining amount, if any, is retained to be used in future years when

the amount computed using the spending plan exceeds the investment income. Five of the endowment

accounts require any interest generated in excess of expenses be reapplied to the principal. At June 30,

2013, net appreciation of $170,219.00 is available to be spent, of which $93,319.89 is included in restricted

net position expendable for scholarships and fellowships, $641.33 is included in restricted net position

expendable for instructional departmental uses, $64,049.30 is included in restricted net position expendable

for loans, and $12,208.48 is included in restricted net position expendable for other.

10. Pledged Revenues

The University has pledged certain revenues and fees, including state appropriations, to repay $92,254,454.99

in revenue bonds issued from November 1985 to August 2012. Proceeds from the bonds provided financing

for construction and renovation of various facilities as well as building systems and equipment. The bonds are

payable through 2040. Annual principal and interest payments on the bonds are expected to require 1.82% of

available revenues. The total principal and interest remaining to be paid on the bonds is $141,091,755.74.

Principal and interest paid for the current year and total available revenues were $8,471,497.75 and

$359,726,410.95, respectively.

The amount of principal and interest paid for the current year does not include debt of $5,536,955.46 defeased

through a bond refunding in the current year.

11. Pension Plans

Defined Benefit Plan

Plan Description - The University contributes to the State Employees, Teachers, and Higher Education

Employees Pension Plan (SETHEEPP), a cost-sharing multiple-employer defined benefit pension plan

administered by the Tennessee Consolidated Retirement System (TCRS). TCRS provides retirement, death,

and disability benefits as well as annual cost-of-living adjustments to plan members and their beneficiaries.



27

Title 8, Chapters 34-37, Tennessee Code Annotated, establishes benefit provisions. State statutes are

amended by the Tennessee General Assembly.

The TCRS issues a publicly available financial report that includes financial statements and required

supplementary information for SETHEEPP. That report is available on the state’s website at

http://www.state.tn.us/treasury/tcrs/index.html.

Funding Policy - Plan members are noncontributory. The University is required to contribute at an

actuarially determined rate. The current rate is 15.03% of annual covered payroll. The contribution

requirements of the University are established and may be amended by the TCRS Board of Trustees. The

University’s contributions to TCRS for the years ending June 30, 2013, 2012, and 2011 were

$8,364,880.14, $8,338,695.98 and $8,072,255.73, respectively, equal to the required contributions for each

year.

Defined Contribution Plans

Plan Description – The University contributes to three defined contribution plans: Teachers Insurance and

Annuity Association-College Retirement Equities Fund (TIAA-CREF), ING Life and Annuity Company, and

Variable Annuity Life Insurance Company (VALIC). These plans are administered by the Tennessee

Department of the Treasury. Each plan provides retirement benefits to faculty and staff who are exempt from

the overtime provisions of the Fair Labor Standards Act and who waive membership in the TCRS. Benefits

depend solely on amounts contributed to the plan plus investment earnings. Plan provisions are established by

state statute in Title 8, Chapter 35, Part 4, Tennessee Code Annotated. State statutes are amended by the

Tennessee General Assembly.

Funding Policy – Plan members are noncontributory. The University contributes an amount equal to 10% of

the employee’s base salary up to the social security wage base and 11% above the social security wage base.

Contribution requirements are established and amended by state statute. The contribution made by the

University to the plans for the year ended June 30, 2013, was $9,999,571.70 and for the year ended June 30,

2012, was $9,692,300.76. Contributions met the requirements for each year.

12. Other Postemployment Benefits

Healthcare is the only “other postemployment benefit” (OPEB) provided to employees. The State of

Tennessee administers a group health insurance program that provides postemployment health insurance

benefits to eligible University retirees. This program includes two plans available to higher education

employees – the State Employee Group Plan and the Medicare Supplement Plan. Both plans are agent

multiple-employer defined benefit OPEB plans. Benefits are established and amended by an insurance

committee created by Tennessee Code Annotated (TCA) 8-27-201 for the state plan and TCA 8-27-701 for

the Medicare Supplement Plan. Prior to reaching the age of 65, all members have the option of choosing

between the standard or partnership preferred provider organization (PPO) plan for healthcare benefits.

Subsequent to age 65, members who are also in the state’s retirement system may participate in the Medicare

Supplement Plan. That plan does not include pharmacy. The state makes on-behalf payments to the Medicare

Supplement Plan for the university’s eligible retirees, see Note 19. The plans are reported in the State of

Tennessee Comprehensive Annual Financial Report (CAFR). The CAFR is available on the state’s website at

http://tennessee.gov/finance/act/cafr.html.

Funding Policy. The premium requirements of plan members are established and may be amended by the

insurance committee. The plans are self-insured and financed on a pay-as-you-go basis with the risk shared

equally among the participants. Claims liabilities of the plan are periodically computed using actuarial and

statistical techniques to establish premium rates. Administrative costs of the plan are allocated to plan

participants. Retired employees who have not reached the age of 65 pay the same base premium as active

employees in the plan adjusted for years of service. Retirees with 30 years of service are subsidized 80

percent; 20 but less than 30 years, 70 percent; and less than 20 years, 60 percent. Retired employees who are

http://www.state.tn.us/treasury/tcrs/index.html




28

65 years of age or older have flat rate premium subsidies based on years of service. Retirees with 30 years of

service receive $50 per month; 20 but less than 30 years, $37.50; and 15 but less than 20 years, $25.

Contributions for the State Employee Group Plan for the year ended June 30, 2013, were $26,662,260.47,

which consisted of $21,621,059.93 from the University and $5,041,200.54 from the employees.

Annual OPEB Cost and Net OPEB Obligation

State Plan

Annual Required Contribution (ARC) $ 3,828,000.00

Interest on the Net Postemployment Obligation

(NPO)

588,415.82

Adjustment to the ARC (624,590.86)

Annual OPEB Cost $ 3,791,824.96

Amount of Contribution (2,693,984.07)

Increase/Decrease in NPO $ 1,097,840.89

Net OPEB Obligation - Beginning of Year 14,710,395.49

Net OPEB Obligation - End of Year $ 15,808,236.38

Year-end Plan

Annual OPEB

Cost

Percentage of

Annual OPEB

Cost

Contributed

Net OPEB Obligation

at Year-end

6/30/2013 State Employee Group Plan $ 3,791,824.96 71.05% $ 15,808,236.38

6/30/2012 State Employee Group Plan 3,757,128.53 75.07% 14,710,395.49

6/30/2011 State Employee Group Plan 4,463,886.32 54.28% 13,773,657.17

Funded Status and Funding Progress. The funded status of the plan as of July 1, 2011, was as follows:

State Plan

Actuarial Valuation Date July 1, 2011

Actuarial Accrued Liability (AAL) 30,832,000.00$

Actuarial Value of Plan Assets -

Unfunded Actuarial Accrued Liability (UAAL) 30,832,000.00$

Actuarial Value of Assets as a % of the AAL -

Covered Payroll (Active Plan Members) 118,128,155.32$

UAAL as Percentage of Covered Payroll 26.10%

Actuarial valuations involve estimates of the value of reported amounts and assumptions about the probability

of events far into the future, and actuarially determined amounts are subject to continual revision as actual

results are compared to past expectations and new estimates are made about the future. The schedule of

funding progress, presented as Required Supplementary Information following the notes to the financial

statements, presents multiyear trend information about whether the actuarial value of plan assets is increasing

or decreasing over time relative to the actuarial accrued liability for benefits.

Actuarial Methods and Assumptions. Calculations are based on the types of benefits provided under the

terms of the substantive plan at the time of each valuation and on the pattern of sharing of costs between the

employer and plan members to that point. Actuarial calculations reflect a long-term perspective. Consistent

with that perspective, actuarial methods and assumptions used include techniques that are designed to reduce

short-term volatility in actuarial accrued liabilities and the actuarial value of assets.



29

In the July 1, 2011, actuarial valuation, the Projected Unit Credit actuarial cost method was used. The

actuarial assumptions included a 4.0 percent investment rate of return (net of administrative expenses) and an

annual healthcare cost trend rate of 9.25 percent, decreased to 8.75 percent in fiscal year 2013 and then

reduced by decrements to an ultimate rate of 5 percent in fiscal year 2021. All rates include a 2.5 percent

inflation assumption. The unfunded actuarial accrued liability is being amortized as a level percentage of

payroll on a closed basis over a 30 year period beginning with July 1, 2007.

13. Chairs of Excellence

The University had $68,531,858.26 on deposit at June 30, 2013, with the State Treasurer for its Chairs of

Excellence program. These funds are held in trust by the State and are not included in these financial

statements.

14. Insurance-Related Activities

It is the policy of the state not to purchase commercial insurance for the risks of losses for general liability,

automobile liability, professional malpractice, and workers’ compensation. The State’s management believes

it is more economical to manage these risks internally and set aside assets for claim settlement in its internal

service fund, the Risk Management Fund. The State purchases commercial insurance for real property, flood,

earthquake, and builder’s risk losses and surety bond coverage on the State’s officials and employees. The

amounts of settlements have not exceeded insurance coverage for each of the three past fiscal years. The Risk

Management Fund is also responsible for claims for damages to State owned property up to the amount of the

property insurance aggregate deductible amount. The insurance policy deductibles vary from $25,000 per

occurrence, depending on the type of coverage, to an aggregate of $5 million.

The University participates in the Risk Management Fund. The fund allocates the cost of providing claims

servicing and claims payment by charging a premium to the University based on a percentage of the

University’s expected loss costs, which include both experience and exposures. This charge considers recent

trends in actual claims experience of the state as a whole. An actuarial valuation is performed as of fiscal

year-end to determine the fund liability and premium allocation. Information regarding the determination of

the claims liabilities and the changes in the balances of the claims liabilities for the years ended June 30, 2012,

and June 30, 2011, are presented in the Tennessee Comprehensive Annual Financial Report. The CAFR is

available on the state’s website at http://tennessee.gov/finance/act/cafr.html. Since the University participates

in the Risk Management Fund, it is subject to the liability limitations under the provisions of the Tennessee

Claims Commission Act, Tennessee Code Annotated, Section 9-8-101 et seq. Liability for negligence of the

University for bodily injury and property damage is limited to $300,000 per person and $1,000,000 per

occurrence. The limits of liability under workers’ compensation are set forth in Tennessee Code Annotated,

Section 50-6-101 et seq. Claims are paid through the state’s Risk Management Fund. The amount of cash

and cash equivalents designated for payment of claims held by the Risk Management Fund at June 30, 2013,

was not available.

At June 30, 2013, the scheduled coverage for the University was $1,387,356,200 for buildings and

$368,699,100 for contents.

The State has also set aside assets in the Employee Group Insurance Fund, an internal service fund, to provide

a program of health insurance coverage for the employees of the State with the risk retained by the State. The

University participates in the Employee Group Insurance Fund. The fund allocates the cost of providing

claims servicing and claims payment by charging a premium to the University based on estimates of the

ultimate cost of claims, including the costs of claims that have been reported but not settled and of claims that

have been incurred but not reported. Employees and providers have 13 months to file medical claims.




30

15. Commitments and Contingencies

Sick Leave - The University records the cost of sick leave when paid. Generally, since sick leave (earned one

day per month with unlimited accumulation) is paid only when an employee dies or is absent because of

illness, injury, or related family death, there is no liability for sick leave at June 30. The dollar amount of

unused sick leave was $77,917,511.60 at June 30, 2013.

Operating Leases - The University has entered into various operating leases for buildings and equipment.

Such leases will probably continue to be required. Expenses under operating leases for real and personal

property were $2,253,598.79 and $707,159.30, respectively for the year ended June 30, 2013. All operating

leases are cancelable at the lessee's option.

Construction in Progress - At June 30, 2013, outstanding commitments under construction contracts totaled

$14,168,890.69 for Community Health Facility, Biochemistry and Biology Facility, New Student Housing,

Carney-Johnston Dormitory, Housing Sprinkler Upgrades, Various Roof Replacements, Various Building

HVAC Updates, Underground Utility Updates, South Campus Electric and Gas Modification, Variable Flow

Pumping, and Law School HVAC Replacement, of which $5,162,835.32 will be funded by future state capital

outlay appropriations.

Litigation - The University is involved in several lawsuits, none of which are expected to have a material

effect on the accompanying financial statements.

16. Funds Held in Trust by Others

The University is beneficiary under the Herbert Herff, Van Vleet, Mike Driver, Pope M. Farrington, and C.M.

Gooch trust funds. The underlying assets are not considered assets of the University and are not included in

the University’s financial statements. The University received $1,142,953.13 from these funds during the

fiscal year ended June 30, 2013.

17. Natural Classifications with Functional Classifications

The University’s operating expenses by functional classification for the year ended June 30, 2013, are as

follows:

Functional Classification Salaries Benefits Operating Other Total

Instruction $ 90,477,159.55 $ 33,265,639.50 $ 17,404,031.43 $ 141,146,830.48

Research 21,401,043.69 7,533,996.70 9,643,515.28 38,578,555.67

Public Service 6,192,338.79 1,736,084.46 2,975,405.19 10,903,828.44

Academic Support 16,316,188.48 6,647,989.42 5,078,383.86 28,042,561.76

Student Services 22,796,440.95 7,660,510.75 23,031,006.75 53,487,958.45

Institutional Support 17,340,092.03 6,128,842.38 11,792,010.27 35,260,944.68

Maintenance & Operations 11,752,852.84 5,302,497.09 13,820,328.21 30,875,678.14

Auxiliary Enterprises 2,786,366.30 780,409.99 12,440,826.36 16,007,602.65

Scholarships & Fellowships $ 42,931,670.25 42,931,670.25

Depreciation 19,375,957.08 19,375,957.08

Total Expenses $ 189,062,482.63 $ 69,055,970.29 $ 96,185,507.35 $ 62,307,627.33 $ 416,611,587.60

Natural Classification



31

Expenses initially incurred by the Academic Support function as a result of providing internal services to the

other functional classifications were allocated to the other functional areas by reducing the academic support

function’s operating expenses by the total amount of salaries, benefits, and operating expenses incurred in the

provision of these services, and allocating this amount to the other functional areas’ salaries, benefits and

operating expenses on the basis of usage. As a result of this process, expenses totaling $7,817,239.95 were

reallocated from Academic Support to the other functional areas.

18. Affiliated Entity not Included

The University of Memphis Research Foundation is a private, nonprofit foundation with the University as the

sole beneficiary. The University of Memphis Research Foundation is controlled by a board independent of the

University. The financial records, investments, and other financial transactions are handled external to the

University and these amounts are not included in the University’s financial report. As reported in the

Foundation’s most recently unaudited Statement of Net Position, at June 30, 2013, the assets of the

Foundation totaled $7,207,086, liabilities were $748,916, and the fund balance amounted to $6,458,170.

19. On-Behalf Payments

During the year ended June 30, 2013, the State of Tennessee made payments of $167,959 on behalf of the

University for retirees participating in the Medicare Supplement Plan. The Medicare Supplement Plan is a

postemployment benefit healthcare plan and is discussed further in Note 12. The plan is reported in the State

of Tennessee Comprehensive Annual Financial Report (CAFR). The CAFR is available on the state’s website

at http://tennessee.gov/finance/act/cafr.html.

20. Voluntary Buyout Program

The University implemented a Voluntary Buyout Program beginning in fiscal year 2011 as a strategy to assist

the University in addressing budgetary constraints due to several years of State appropriation reductions and

potential budget reductions in the forthcoming fiscal years. The University had 26 employees participate in

the Voluntary Buyout Plan with 15 terminating by June 30, 2011, 7 terminating by June 30, 2012 and 4

terminating by June 30, 2013.

Each participant will receive 150% of their institutional base salary calculated on the date of separation, to be

paid over a three year time period in three equal annual installments. As of June 30, 2013, expenditures for

payout of accrued annual leave, compensatory time, or worked holidays for the Voluntary Buyout Plan and

Post-Retirement Service Program were $1,480,351.85. Accrued expenses for severance pay were

$1,751,218.49 at June 30, 2013.

21. Subsequent Event

On February 7, 2012, the University signed a Membership Expansion Agreement to join the American

Athletic Conference effective July 1, 2013. The University will pay a one-time entry fee of $2,500,000,

payable in five annual installments of $500,000 with the first installment due June 30, 2014.

22. Component Unit

The University of Memphis Foundation (the Foundation) is a legally separate, 501(c)(3) tax-exempt

organization supporting the University of Memphis. The Foundation accepts and manages private support

to the University of Memphis to supplement the resources that are available to the University in support of

its programs. The approximately 40-member board of the Foundation is self-perpetuating and consists of

graduates and friends of the University. Although the University does not control the timing or amount of

receipts from the Foundation, all resources, or income thereon, that the Foundation holds and invests are

restricted to support of the various activities, programs and endeavors of the University by the donors.

Because these restricted resources held by the Foundation can only be used by, or for the benefit of, the




32

University, the Foundation is considered a component unit of the University and is discretely presented in

the University’s financial statements.

During the year ended June 30, 2013, the Foundation made distributions of $25,661,661 to or on behalf of

the University for both restricted and unrestricted purposes. Complete financial statements for the

Foundation can be obtained from the Managing Director, University of Memphis Foundation, 635 Normal

Street, Memphis, Tennessee, 38152-3750, or online at http://www.memphis.edu/foundation/statements.php

The Foundation is a nonprofit organization that reports under FASB standards. As such, certain revenue

recognition criteria and presentation features are different from GASB revenue recognition criteria and

presentation features. With the exception of necessary presentation adjustments, no modifications have

been made to the Foundation’s financial information in the University’s financial report for these

differences.

Fair Value Measurements. The Foundation reports certain assets and liabilities at fair value. Fair value has

been determined using quoted prices in active markets for identical assets and liabilities that are accessible

at the measurement date (Level 1), inputs other than quoted market prices included in Level 1 that are

directly or indirectly observable for the asset or liability (Level 2), or significant unobservable inputs

(Level 3). The following table categorizes the recurring fair value measurements for all investments at

June 30, 2013:

Total Fair Value

at June 30, 2013

Quoted Prices:

Level 1

Significant

Other Inputs:

Level 2

Significant

Unobservable

Inputs: Level 3

Assets:

Money Market Funds 2,066,450$ 2,066,450$

US Treasury 178,718 178,718$

Corporate Bonds 10,343 10,343

Mutual Bond Funds 36,588,453 36,588,453

Equity and Other Mutual Funds 29,473,633 29,473,633

Interest in Limited Partnerships 39,225,643 4,831,463 34,394,180$

Other Investments 7,139,332 7,139,332

Total Assets 114,682,572$ 68,128,536$ 12,159,856$ 34,394,180$

The following table reconciles beginning and ending balance of all investments valued using Level 3

inputs:

Beginning

Balance

Total

Gains/Losses,

Realized &

Unrealized

Purchases,

Issuances, and

Settlements

Transfers

In/Out of

Level 3

Ending

Balance

Assets:

Interest in Limited

Partnerships $ 31,847,251 $ 2,946,403 $ 1,413,612 $ (1,813,086) $34,394,180

All gains and losses, both realized and unrealized, have been reported on the Statement of Revenues,

Expenses, and Changes in Net Position as investment income. Of this total, gains of $7,188,769 are

attributable to the change in unrealized gains or losses relating to those investments still held at June 30,

2013.

http://www.memphis.edu/foundation/statements.php



33

The following is a description of the valuation methodologies used for investments measured at fair value.

There have been no changes in the methodologies used as of June 30, 2013.

Money Market funds: Valued at cost, which approximates fair value.

Limited Partnerships and LLCs: Limited partnerships and LLC investments are generally valued at the

Foundation’s equity in the net asset value (NAV) of the investee. Some investees invest in equity securities

which are valued daily based upon quoted prices in active markets. Certain investees maintain underlying

holdings of non-marketable securities whose fair values are estimated by management of the investee.

Other investees invest their funds through an intermediate entity in a “master-feeder” investment structure.

The Foundation values these investments at estimated fair value based upon its equity in the estimated fair

value of the investee. These investees are valued at estimated fair value as determined by their

management which is based upon the net asset valuations of the underlying investment entities. Fair values

for the securities of the underlying investment entities are often not readily available and accordingly, the

fair values are estimated by management of those entities.

Common/collective trust funds: Valued at the net asset value (NAV) of units held by the Foundation at

year-end.

Mutual Funds: Valued at quoted market prices which are based upon the net asset value (NAV) of shares

held by the Foundation at year-end.

U.S. government securities and corporate bonds: Valued at quoted market prices or valuations provided by

commercial pricing services or the mean of the bid and ask prices provided by investment brokers.

The preceding methods described may produce a fair value calculation that may not be indicative of net

realizable value or reflective of future fair values. Furthermore, although management believes its

valuation methods are appropriate and consistent with other market participants, the use of different

methodologies or assumptions to determine the fair value of certain financial instruments could result in a

different fair value measurement at the reporting date.

Cash – Cash consists of demand deposit accounts. The bank balances at June 30, 2013, were insured by the

Federal Deposit Insurance Corporation (FDIC) up to $250,000.

Investments – Investments are recorded on the date of acquisition and are stated at market value.

Unrealized gains and losses are determined by the difference between market values at the beginning and

end of the year. Investment securities held at year-end were as follows:

Cost Market Value

Money Market Funds 2,066,450$ 2,066,450$

US Treasury 184,788 178,718

Corporate Bonds 10,307 10,343

Mutual Bond Funds 36,832,527 36,588,453

Equity and Other Mutual Funds 26,079,082 29,473,633

Interest in Limited Partnerships 31,700,165 39,225,643

Other Investments 2,312,872 7,139,332

Total 99,186,191$ 114,682,572$

June 30, 2013

Alternative Investments - The Foundation has certain limited partnership/LLC investments that are classified

for fair value measurement purposes as Level 3. The estimated fair value of these assets is $34,394,180 at

June 30, 2013.



34

The Foundation believes that the carrying amount of such alternative investments is a reasonable estimate of

fair value as of June 30, 2013. Because these investments are not readily marketable, the estimated value is

subject to uncertainty and, therefore, may differ from the value that would have been used had a ready market

for the investments existed, and such differences could be material. These investments are made in accordance

with the Foundation’s investment policy that provides for the allocation of funds to various asset classes in

order to achieve an appropriate level of diversification. These investments are designed to enhance

diversification and provide reductions in overall portfolio volatility. The fair values are estimated by the

Foundation’s investment managers using various valuation techniques and are subject to audit by the

investment managers’ independent accountants.

Pledges Receivable - Pledges receivable are summarized below net of the allowance for doubtful accounts:

June 30, 2013

Current Pledges 4,252,700$

Pledges Due in One to Five Years 9,432,398

Pledges Due After Five Years 385,700

Subtotal 14,070,798$

Less: Discount to Net Present Value (150,032)

Total Pledges Receivable, Net 13,920,766$

Endowments – The University of Memphis Foundation’s endowment consists of approximately 450

individual funds established for a variety of purposes. Its endowment includes both donor-restricted

endowment funds and funds designated by the Board of Trustees to function as endowments. As required

by GAAP, Net Position associated with endowment funds, including funds designated by the Board of

Trustees to function as endowments, are classified and reported based on the existence or absence of donor-

imposed restrictions.

Interpretation of Relevant Law

The Board of Trustees of the University of Memphis Foundation has interpreted the Uniform Prudent

Management of Institutional Funds Act (the Act) as adopted by Tennessee as requiring the preservation of

the fair value of the original gift as of the gift date of the donor-restricted endowment funds absent explicit

donor stipulations to the contrary. As a result of this interpretation, the Foundation classifies as

permanently restricted Net Position (a) the original value of gifts donated to the permanent endowment, (b)

the original value of subsequent gifts to the permanent endowment, (c) any donor specified accumulations

to the permanent endowment funds made in accordance with the direction of the applicable donor gift

instrument. The remaining portion of the donor-restricted endowment fund that is not classified in

permanently restricted Net Position is classified as temporarily restricted Net Position until those amounts

are appropriated for expenditure by the Foundation in a manner consistent with the standard of prudence

prescribed by the Act. In accordance with the Act, the Foundation considers the following factors in

making a determination to appropriate or accumulate donor-restricted endowment funds:

1. The duration and preservation of the fund

2. The purposes of the Foundation and the endowment fund

3. General economic conditions

4. The possible effect of inflation or deflation

5. The expected total return from income and the appreciation of investments

6. Other resources of the Foundation

7. The investment policies of the Foundation



35

Permanently

Restricted

Temporarily

RestrictedUnrestricted Total

Donor-restricted Endowment Funds 60,476,299$ 14,629,690$ (1,045,291)$ 74,060,698$

Board-designated Endowment Funds 4,999,732 4,999,732

Total Funds 60,476,299$ 14,629,690$ 3,954,441$ 79,060,430$

Composition of Endowment by Net Position Class

As of June 30, 2013

Changes in Endowment Net Position for the Fiscal Year Ended

June 30, 2013

Permanently

Restricted

Temporarily

RestrictedUnrestricted Total

Endowment Net Position,

Beginning of Year 56,066,482$ 11,007,963$ 2,662,444$ 69,736,889$

Investment Return:

Investment Income and Other, Net (554,561)$ (42,286)$ (596,847)$

Net Appreciation (Realized and Unrealized) 7,322,342 522,051 7,844,393

Total Investment Return (Loss) 6,767,781$ 479,765$ 7,247,546$

Contributions 3,292,916$ 57,212$ 3,350,128$

Expenditures (2,228,669) (233,740)$ (2,462,409)

Other Changes:

Transfers 3,572 (3,572)

Donor Modifications 1,113,329 74,947 1,188,276

Reclassification of Underwater Funds (1,045,972) 1,045,972

Endowment Net Position,

End of Year 60,476,299$ 14,629,690$ 3,954,441$ 79,060,430$

Funds with Deficiencies

From time to time, the fair value of assets associated with individual donor restricted endowment funds

may fall below the level that the Foundation is required to retain in a fund of perpetual duration. In

accordance with U.S. generally accepted accounting principles, deficiencies of this nature are reported in

unrestricted Net Position. These deficiencies resulted from unfavorable market fluctuations that occurred

after the investment of permanently restricted contributions and/or continued appropriation for fees and

expenditures. At June 30, 2013, deficiencies of this nature totaled $1,045,291.

Return Objectives and Risk Parameters

The Foundation has adopted investment and spending policies for endowment assets that attempt to provide

a predictable stream of funding to programs supported by its endowment while seeking to maintain the

purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted

funds that the organization must hold in perpetuity or for a donor-specified period(s) as well as board-

designated funds. Under this policy, as approved by the Board of Trustees, the endowment assets are

invested in a manner that is intended to produce consistent long-term growth of capital without undue

exposure to risk. The Foundation’s total return objective for its endowment funds is a total return over a



36

market cycle of at least 6% over the inflation rate. A market cycle shall generally be considered to be a

three to five year period. Actual returns may vary from the total return objective.

Strategies Employed for Achieving Objectives

To satisfy its long-term rate-of-return objectives, the Foundation relies on a total return strategy in which

investment returns are achieved through both capital appreciation (realized and unrealized) and current

yield (interest and dividends). The Foundation targets a diversified asset allocation that places a significant

emphasis on equity-based investments to achieve its long-term return objectives within prudent risk

restraints.

Spending Policy and How the Investment Objectives Relate

The Foundation has a policy of budgeting (appropriating) for expenditure each year a percentage of its

endowment funds’ average fair value over the prior twelve quarters through the fiscal year-end one year

preceding the fiscal year in which the expenditure is planned. For fiscal year 2013 this percentage was four

point seven five percent (4.75%). In establishing this policy, the Foundation considered the long-term

expected return on its endowment funds. Accordingly, over the long-term, the Foundation expects the

current spending policy to allow for endowment growth. This is consistent with the Foundation’s objective

to maintain the purchasing power of the endowment assets held in perpetuity or for a specified term as well

as to provide additional real growth through new gifts and investment return.



37

Schedule of Funding Progress – The University

Actuarial UAAL as a

Actuarial Accrued Unfunded Percentage of

Actuarial Value of Liability (AAL) AAL Funded Covered Covered

Valuation Assets Entry Age (UAAL) Ratio Payroll Payroll

Date (a) (b) (b-a) (a/b) (c) ((b-a)/c)

July 1, 2009 46,310,000$ 46,310,000$ 0 125,869,761$ 36.79%

July 1, 2010 42,006,000$ 42,006,000$ 0 116,448,047$ 36.07%

July 1, 2011 30,832,000$ 30,832,000$ 0 118,128,155$ 26.10%

CASH FLOWS FROM OPERATING ACTIVITIES

Gifts and contributions 18,201,364.00$

Payments to suppliers and vendors (7,170,909.00)

Payments to University of Memphis (17,702,119.00)

Other receipts (payments) 96,114.00

Net cash provided (used) by operating activities (6,575,550.00)$

CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES

Private gifts for endowment purposes 3,279,570.00$

Net cash provided (used) by non-capital financing activities 3,279,570.00$

CASH FLOWS FROM INVESTING ACTIVITIES

Proceeds from sales and maturities of investments 51,570,181.00$

Income on investments 11,571,667.00

Purchase of investments (60,846,463.00)

Net cash provided (used) by investing activities 2,295,385.00$

Net increase (decrease) in cash and cash equivalents (1,000,595.00)$

Cash and cash equivalents - beginning of year 1,685,469.00

Cash and cash equivalents - end of year (Note 22) 684,874.00$

RECONCILIATION OF OPERATING INCOME/(LOSS) TO NET CASH

PROVIDED (USED) BY OPERATING ACTIVITIES

Operating income/(loss) (540,048.00)$

Change in assets, liabilities, and deferrals:

Receivables, net (6,957,122.00)

Accounts payable 992,330.00

Accrued liabilities (70,710.00)

Net cash provided (used) by operating activities (6,575,550.00)$

Non-cash investing, capital, and financing transactions

Unrealized gains/(losses) on investments 7,188,769.00$



Unaudited Statement of Cash Flows - Foundation

for the Year Ended June 30, 2013

38

SCHEDULES AND APPENDICES

Prior to the enactment of Governmental Accounting Standards Board (GASB) Statements 34

and 35, the University maintained accounts in accordance with the principles of fund accounting

to ensure observance of limitations and restrictions placed on the use of the resources available.

Under the principles of fund accounting, resources for various purposes are classified for

accounting and reporting purposes into funds for specified activities or objectives. Since this

presentation of accounting no longer conforms with generally accepted accounting principles as

prescribed by GASB, the following financial reports are restricted for internal use and are

being distributed for management purposes only.

SCHEDULE 1


SCHEDULE OF BALANCES IN CURRENT UNRESTRICTED

AND AUXILIARY ENTERPRISE FUNDS

June 30, 2013

With Comparative Figures at June 30, 2012

Current Unrestricted Funds Auxiliary Enterprise Funds

June 30, 2013 June 30, 2012 June 30, 2013 June 30, 2012

Allocated Fund Balances

Nondiscretionary Allocations

Allocation for Working Capital

Petty Cash 43,120.00$ 48,020.00$ 7,800.00$ 7,800.00$

Accounts Receivable 14,984,881.75 18,676,806.82 891,478.64 736,279.71

Prepaid Expenses (89,416.21) (155,057.36)

Inventories 593,825.59 591,059.81

Accrued Benefits (3,314,758.18) (3,130,776.06)

TOTAL ALLOCATION FOR WORKING CAPITAL 12,217,652.95$ 16,030,053.21$ 899,278.64$ 744,079.71$

Allocation for Encumbrances

Purchase Orders 782,023.88$ 1,545,410.07$

TOTAL ALLOCATION FOR ENCUMBRANCES 782,023.88$ 1,545,410.07$

Allocation for Designated Student Fees

Student Activity Fees 525,218.69$ 816,393.39$

Technology Access Fees 362,068.92 436,195.12

Special Academic Fees 2,290,250.95 1,559,686.80

TOTAL ALLOCATION FOR DESIGNATED STUDENT FEES 3,177,538.56$ 2,812,275.31$

TOTAL NONDISCRETIONARY ALLOCATIONS 16,177,215.39$ 20,387,738.59$ 899,278.64$ 744,079.71$

Discretionary Allocations

Contingencies 1,148,629.14$ 1,117,646.77$

2013-2014 Budget 8,300,000.00$

2012-2013 Budget 8,300,000.00$

Conferences and Institutes 5,842,412.56 7,934,759.27

TOTAL DISCRETIONARY ALLOCATIONS 14,142,412.56$ 16,234,759.27$ 1,148,629.14$ 1,117,646.77$

Allocation for OPEB (15,808,236.38)$ (14,710,395.49)$

Allocation for Compensated Absences (9,415,037.05)$ (9,233,192.98)$ (201,959.85)$ (202,403.05)$

TOTAL ALLOCATED FUND BALANCES 5,096,354.52$ 12,678,909.39$ 1,845,947.93$ 1,659,323.43$

Unallocated Fund Balances 17,127,112.09$ 20,239,176.10$ 12,248,488.19$ 12,513,762.84$

TOTAL FUND BALANCES 22,223,466.61$ 32,918,085.49$ 14,094,436.12$ 14,173,086.27$

40

SCHEDULE 2


SCHEDULE OF CURRENT FUNDS REVENUES


With Comparative Figures for the Year Ended June 30, 2012

Year Ended

Unrestricted Restricted Total June 30, 2012

EDUCATIONAL AND GENERAL

Tuition and Fees

Mandatory Fees

Maintenance Fees 144,404,348.56$ 144,404,348.56$ 138,199,943.45$

Out-of-State Tuition 10,250,220.30 10,250,220.30 10,277,150.20

Debt Service Fees 3,768,210.75 3,768,210.75 4,009,506.21

Program Service Fees 1,265,377.54 1,265,377.54 1,336,175.31

Technology Access Fees 3,938,261.01 3,938,261.01 4,182,554.05

Student Activity Fees 2,600,007.36 2,600,007.36 2,700,759.27

Facility Fees 1,129,965.43 1,129,965.43 1,155,100.49

Sustainable Campus Fees 362,282.35 362,282.35 378,968.82

International Education Fees 573,323.66 573,323.66 426,706.83

TOTAL MANDATORY FEES 168,291,996.96$ 168,291,996.96$ 162,666,864.63$

Non Mandatory Fees

Institution Online Course Fees 3,667,878.11$ 3,667,878.11$ 3,340,157.34$

RODP Fees 1,199,793.04 1,199,793.04 1,079,367.73

Continuing Education Programs 1,546,622.90 1,546,622.90 1,621,270.63

Specialized Academic Course Fee 3,214,071.79 3,214,071.79 2,248,446.29

Application Fees 658,766.20 658,766.20 696,061.11

Late Registration Fees 139,900.00 139,900.00 122,640.00

Testing Center 133,127.85 133,127.85 102,727.35

College of Arts and Sciences 199,001.76 199,001.76 179,743.08

College of Business and Economics 142,050.51 142,050.51 133,655.84

Executive MBA Program 867,388.38 867,388.38 815,814.39

College of Communication and Fine Arts 365,676.96 365,676.96 371,039.29

College of Education 66,258.75 66,258.75 61,397.50

Enrollment Services 330,249.74 330,249.74 250,339.26

School of Law 231,894.31 231,894.31 280,027.54

School of Nursing 476,918.36 476,918.36 395,329.59

Other Student Fees 764,574.25 13,689.81$ 778,264.06 870,859.85

TOTAL NON MANDATORY FEES 14,004,172.91$ 13,689.81$ 14,017,862.72$ 12,568,876.79$

TOTAL TUITION AND FEES 182,296,169.87$ 13,689.81$ 182,309,859.68$ 175,235,741.42$

Year Ended June 30, 2013

41

SCHEDULE 2





Year Ended



EDUCATIONAL AND GENERAL (Continued)

State Appropriations

General Appropriations 94,418,759.00$ 94,418,759.00$ 97,773,391.72$

Sponsored Programs 2,847,500.00$ 2,847,500.00 2,810,600.00

TOTAL STATE APPROPRIATIONS 94,418,759.00$ 2,847,500.00$ 97,266,259.00$ 100,583,991.72$

Gifts, Grants and Contracts

Federal Grants and Contracts

Indirect Cost Recoveries and Allowances 4,106,918.19$ 4,106,918.19$ 4,636,420.38$

Program Administration 196,059.40 196,059.40 383,196.09


TOTAL FEDERAL GRANTS AND CONTRACTS 4,302,977.59$ 60,500,040.37$ 64,803,017.96$ 73,643,848.93$

State Grants and Contracts

Indirect Cost Recoveries and Allowances 219,621.01$ 219,621.01$ 347,744.82$

Grants and Contracts 5,949.49 5,949.49 21,952.51


TOTAL STATE GRANTS AND CONTRACTS 225,570.50$ 30,928,692.85$ 31,154,263.35$ 32,736,382.61$

Local Grants and Contracts


Grants and Contracts 1,793,614.69 1,793,614.69 1,731,330.47


TOTAL LOCAL GRANTS AND CONTRACTS 2,202,126.27$ 2,460,058.99$ 4,662,185.26$ 3,760,933.20$

Private Grants and Contracts


Grants and Contracts 104,874.34 104,874.34 21,644.85


TOTAL PRIVATE GRANTS AND CONTRACTS 465,360.31$ 5,940,076.35$ 6,405,436.66$ 6,610,326.91$

42

SCHEDULE 2





Year Ended




Gifts, Grants and Contracts (Continued)

Private Gifts

Gifts 9,245,013.40$ 9,245,013.40$ 10,635,883.41$

Intercollegiate Athletics 11,343,649.18 200,041.12$ 11,543,690.30 11,658,287.36

Sponsored Programs 2,746,945.37 2,746,945.37 2,916,908.88

TOTAL PRIVATE GIFTS 20,588,662.58$ 2,946,986.49$ 23,535,649.07$ 25,211,079.65$

TOTAL GIFTS, GRANTS AND CONTRACTS 27,784,697.25$ 102,775,855.05$ 130,560,552.30$ 141,962,571.30$

Sales and Services of Educational Activities

Internship Program 1,774,757.63$ 1,774,757.63$ 1,888,525.61$


College of Business Economics 20,560.00 20,560.00 206,785.00

College of Communication Fine Arts 150,922.81 150,922.81 73,906.63

College of Education 720,452.55 720,452.55 650,704.67

College of Engineering 60,300.00 60,300.00 30,560.00

School of Communication Sciences and Disorders 316,506.64 316,506.64 150,113.32

Undergraduate and International Programs 1,199,823.27 1,199,823.27 994,274.40

E-Learning Technology Services 387,085.32 387,085.32 646,247.67

Other Sales and Services of Educational Activities 326,066.92 54,748.68$ 380,815.60 532,179.24

TOTAL SALES AND SERVICES OF EDUCATIONAL ACTIVITIES 5,349,273.65$ 54,748.68$ 5,404,022.33$ 5,498,077.68$

Endowment Income

Sponsored Programs 1,936,947.08$ 1,936,947.08$ 1,885,165.13$

TOTAL ENDOWMENT INCOME 1,936,947.08$ 1,936,947.08$ 1,885,165.13$

43

SCHEDULE 2





Year Ended




Sales and Services of Other Activities

Intercollegiate Athletics 20,754,916.16$ 275,002.00$ 21,029,918.16$ 21,052,914.16$

Network Services 543,725.27 543,725.27 519,710.54

Recreation Center 438,864.78 438,864.78 388,217.03

Wilson Hotel Conference Center 349,471.00 349,471.00 342,082.00

Student Child Care Program 145,056.55 145,056.55 149,293.24

Conference Planning and Operations 849,562.32 849,562.32 704,803.98

Licensing and Trademarks 164,236.93 9,087.81 173,324.74 143,989.74

Licensing and Trademarks Athletics 2,655,864.04 2,655,864.04 2,692,691.69

Miscellaneous Revenues 579,666.10 579,666.10 674,444.59

TOTAL SALES AND SERVICES OF OTHER ACTIVITIES 26,481,363.15$ 284,089.81$ 26,765,452.96$ 26,668,146.97$

Other Revenues

Interest - Short Term Investments 158,862.01$ 8,166.32$ 167,028.33$ 263,208.63$

TOTAL OTHER REVENUES 158,862.01$ 8,166.32$ 167,028.33$ 263,208.63$

TOTAL EDUCATIONAL AND GENERAL 336,489,124.93$ 107,920,996.75$ 444,410,121.68$ 452,096,902.85$

AUXILIARY ENTERPRISES REVENUES

University Service Court 674,706.40$ 674,706.40$ 682,791.59$

Contracted Food Services 1,018,378.46 1,018,378.46 1,095,021.28

Contracted Vending Services 545,782.13 545,782.13 206,254.24

Student Housing 15,382,896.08 12,195.65$ 15,395,091.73 15,514,819.37

Residential and Commercial Properties 1,250,920.98 1,250,920.98 652,323.09

Copier Vending 452,322.03 452,322.03 416,037.29

Parking 3,810,714.21 3,810,714.21 3,793,261.27

TOTAL AUXILIARY ENTERPRISES 23,135,720.29$ 12,195.65$ 23,147,915.94$ 22,360,508.13$

TOTAL CURRENT FUNDS REVENUES 359,624,845.22$ 107,933,192.40$ 467,558,037.62$ 474,457,410.98$

44

SCHEDULE 3

Personal Other Operating Capital

Unrestricted Restricted Total Services Expenses Outlay

EDUCATIONAL AND GENERAL

Educational and General Expenditures

Instruction

General Academic Instruction

College of Arts and Sciences

Anthropology 792,766.98$ 792,766.98$ 771,302.16$ 21,464.82$

Biology 5,120,571.43 176,926.44$ 5,297,497.87 4,943,868.85 286,304.02 67,325.00$

Chemistry 2,747,439.67 4,917.60 2,752,357.27 2,533,783.90 218,573.37

English 5,846,176.24 8,805.61 5,854,981.85 5,585,784.37 255,858.48 13,339.00

Foreign Languages 2,896,643.40 649.61 2,897,293.01 2,840,761.28 56,531.73

Earth Sciences 2,084,035.44 2,084,035.44 1,995,139.85 88,895.59

History 3,504,614.93 3,504,614.93 3,323,026.81 181,588.12

Mathematical Science 5,117,543.36 84,172.36 5,201,715.72 5,109,833.08 91,882.64

Computer Science 2,358,289.64 2,358,289.64 2,314,482.26 43,807.38

Philosophy 2,450,679.08 64,989.89 2,515,668.97 2,379,254.95 136,414.02

Physics 1,489,569.55 630.02 1,490,199.57 1,434,919.53 55,280.04

Political Science 1,219,760.88 1,219,760.88 1,159,478.64 60,282.24

Psychology 3,866,126.07 76,839.89 3,942,965.96 3,833,820.18 99,145.79 9,999.99

Sociology 1,517,911.11 1,517,911.11 1,464,890.26 53,020.85

Interdisciplinary Studies 947,918.31 184,246.43 1,132,164.74 1,109,164.05 23,000.69

Air Force Reserve Officer Training Corps 39,379.26 39,379.26 34,175.46 5,203.80

Army Reserve Officer Training Corps 47,038.75 47,038.75 37,875.08 9,163.67

Naval Reserve Officer Training Corps 57,347.10 57,347.10 48,709.79 8,637.31

School of Urban Affairs 690,583.52 31,492.78 722,076.30 694,379.15 27,697.15

Public Administration 673,483.22 (302.93) 673,180.29 677,842.59 (4,662.30)

Criminal Justice 1,146,109.22 1,146,109.22 1,109,802.23 36,306.99

Regional Economic Development Center 762,125.99 762,125.99 736,094.43 26,031.56

Social Work 1,139,783.39 1,139,783.39 1,077,080.89 62,605.56 96.94

Center for Earthquake Research and Information 5,278.43 5,278.43 5,278.43

Other College of Arts and Sciences 437,096.43 424,595.63 861,692.06 558,493.73 303,198.33

TOTAL COLLEGE OF ARTS AND SCIENCES 46,958,271.40$ 1,057,963.33$ 48,016,234.73$ 45,779,241.95$ 2,146,231.85$ 90,760.93$


SCHEDULE OF CURRENT FUNDS EXPENDITURES AND TRANSFERS BY FUNCTION


Expenditures by Purpose

45

SCHEDULE 3







Instruction (Continued)

Fogelman College of Business and Economics

School of Accountancy 3,418,730.25$ 221,189.38$ 3,639,919.63$ 3,516,686.11$ 123,233.52$

Economics 1,733,029.97 163,057.34 1,896,087.31 1,785,043.30 111,044.01

Finance, Insurance, and Real Estate 2,242,427.62 227,114.93 2,469,542.55 2,341,484.53 128,058.02

Management 2,966,405.97 89,361.41 3,055,767.38 2,957,817.28 97,950.10

Marketing and Supply Chain Management 3,293,212.59 3,293,212.59 3,145,947.85 120,354.74 26,910.00$

Management Information Systems 2,823,236.78 186,165.79 3,009,402.57 2,788,032.89 221,369.68

Other College of Business and Economics 3,322,749.05 269,278.19 3,592,027.24 2,242,799.03 1,328,240.21 20,988.00

TOTAL FOGELMAN COLLEGE OF BUSINESS

AND ECONOMICS 19,799,792.23$ 1,156,167.04$ 20,955,959.27$ 18,777,810.99$ 2,130,250.28$ 47,898.00$

College of Education

Leadership 1,406,087.18$ 330,584.35$ 1,736,671.53$ 1,426,360.71$ 310,310.82$

Counseling, Educational Psychology and Research 3,293,984.25 141,662.63 3,435,646.88 3,235,316.74 200,330.14

Instruction and Curriculum Leadership 5,677,456.54 1,303,888.31 6,981,344.85 5,639,117.51 1,342,227.34

Health and Sport Sciences 4,426,837.43 4,426,837.43 4,251,985.16 174,852.27

Center for Higher Education 6,000.00 6,000.00 6,000.00

Other College of Education 960,366.61 135,096.99 1,095,463.60 972,804.47 122,659.13

TOTAL COLLEGE OF EDUCATION 15,770,732.01$ 1,911,232.28$ 17,681,964.29$ 15,531,584.59$ 2,150,379.70$

Herff College of Engineering

Biomedical Engineering 1,478,606.19$ 95,012.12$ 1,573,618.31$ 1,501,186.95$ 72,431.36$

Civil Engineering 1,319,854.29 2,277.00 1,322,131.29 1,278,166.42 43,964.87

Electrical and Computer Engineering 1,470,766.52 1,470,766.52 1,418,246.33 52,520.19

Engineering Technology 715,966.10 1,471.74 717,437.84 697,967.16 19,470.68

Mechanical Engineering 1,374,310.83 2,607.27 1,376,918.10 1,347,222.41 29,695.69

Other College of Engineering 722,567.80 268,449.96 991,017.76 651,275.24 166,561.00 173,181.52$

TOTAL HERFF COLLEGE OF ENGINEERING 7,082,071.73$ 369,818.09$ 7,451,889.82$ 6,894,064.51$ 384,643.79$ 173,181.52$

46

SCHEDULE 3








College of Communication and Fine Arts

Art 2,980,594.52$ 64,429.22$ 3,045,023.74$ 2,839,282.74$ 205,741.00$

Communication 2,649,320.62 2,649,320.62 2,486,462.45 162,858.17

Journalism 1,557,537.31 59,921.20 1,617,458.51 1,470,537.94 146,920.57

Rudi E. Scheidt School of Music 5,839,153.99 11,999.88 5,851,153.87 5,412,649.95 425,413.92 13,090.00$

Theatre and Dance 1,603,229.14 1,603,229.14 1,520,835.08 68,894.06 13,500.00

Architecture 958,608.00 958,608.00 896,249.75 62,358.25

Other College of Communication Fine Arts 17,849.07 3,000.00 20,849.07 16,760.00 4,089.07

TOTAL COLLEGE OF COMMUNICATION AND FINE ARTS 15,606,292.65$ 139,350.30$ 15,745,642.95$ 14,642,777.91$ 1,076,275.04$ 26,590.00$

Cecil C. Humphreys School of Law

School of Law 4,648,261.16$ 198,301.23$ 4,846,562.39$ 4,693,447.95$ 153,114.44$

Law Library 357,832.36 357,832.36 27,832.78 329,999.58$

TOTAL CECIL C. HUMPHREYS SCHOOL OF LAW 5,006,093.52$ 198,301.23$ 5,204,394.75$ 4,693,447.95$ 180,947.22$ 329,999.58$

University College

Regents Online Degree Program 1,004,170.56$ 1,004,170.56$ 996,764.13$ 7,406.43$

Family and Consumer Sciences 197,077.60 197,077.60 192,334.83 4,742.77

Other University College 408,966.29 408,966.29 405,915.68 3,050.61

TOTAL UNIVERSITY COLLEGE 1,610,214.45$ 1,610,214.45$ 1,595,014.64$ 15,199.81$

Loewenberg School of Nursing

Nursing 6,580,695.47$ 280,696.36$ 6,861,391.83$ 5,857,900.65$ 1,003,491.18$

TOTAL LOEWENBERG SCHOOL OF NURSING 6,580,695.47$ 280,696.36$ 6,861,391.83$ 5,857,900.65$ 1,003,491.18$

School of Comm Science and Disorders

School of Comm Science and Disorders 1,941,225.45$ 365,078.77$ 2,306,304.22$ 2,188,360.51$ 117,943.71$

COE Communicative Impaired 2,972.78 2,972.78 2,972.78

TOTAL SCHOOL OF COMMUNICATION SCIENCE

AND DISORDERS 1,944,198.23$ 365,078.77$ 2,309,277.00$ 2,188,360.51$ 120,916.49$

47

SCHEDULE 3








Other General Academic Instruction

University Honors Program 400,793.08$ 400,793.08$ 324,805.70$ 75,987.38$

Distance Education 15,998.51 15,998.51 15,998.51

Extended Programs 567,689.30 567,689.30 446,273.84 121,415.46

Undergraduate Programs 187,742.54 187,742.54 170,809.57 16,932.97

Graduate Programs 87,425.54 87,425.54 87,425.54

Student Financial Aid 369,776.42$ 369,776.42 369,776.42

Provost Office 41,447.55 41,447.55 41,447.55

Center for International Programs and Services 1,239,287.53 1,239,287.53 2,547.50 1,236,740.03

Health Administration 262,150.13 50,911.19 313,061.32 261,199.63 51,861.69

School of Public Health 30,460.32 39,429.86 69,890.18 24,831.51 45,058.67

Social and Behavioral Sciences 415,051.59 500.00 415,551.59 404,179.42 11,372.17

Epidemiology and Biostatistics 721,916.98 721,916.98 720,000.24 1,916.74

Environmental Health 320,670.02 320,670.02 319,343.92 1,326.10

Health Systems Mgmt and Policy 847,581.73 847,581.73 843,983.72 3,598.01

Lambuth 73,384.22 73,384.22 2,882.24 70,501.98

IT Planning and Budget 3,212,801.01 3,212,801.01 225,169.63 2,725,774.84 261,856.54$

Other General Academic Instruction 6,643,737.02 22,252.69 6,665,989.71 1,740,613.75 4,861,377.96 63,998.00

TOTAL OTHER GENERAL ACADEMIC INSTRUCTION 15,068,137.07$ 482,870.16$ 15,551,007.23$ 5,856,417.09$ 9,368,735.60$ 325,854.54$

TOTAL GENERAL ACADEMIC INSTRUCTION 135,426,498.76$ 5,961,477.56$ 141,387,976.32$ 121,816,620.79$ 18,577,070.96$ 994,284.57$

Community Education

Community Music School 370,333.47$ 370,333.47$ 335,269.68$ 35,063.79$

Continuing Education 438,185.55 438,185.55 250,088.44 188,097.11

Foreign Languages 19,304.82 19,304.82 1,837.92 17,466.90

Earth Sciences 4,106.29 4,106.29 1,600.00 2,506.29

Social Work (1,963.99)$ (1,963.99) (386.18) (1,577.81)

Economics (2,524.48) (2,524.48) (2,524.48)

Counsel Education Psych Research 36,693.18 36,693.18 24,203.30 12,489.88

Civil Engineering 1,363.12 1,363.12 1,363.12

Intensive English for Internationals 500,120.39 500,120.39 444,969.40 55,150.99

Other Community Education 35,341.43 35,341.43 20,357.45 14,983.98

TOTAL COMMUNITY EDUCATION 1,404,085.13$ (3,125.35)$ 1,400,959.78$ 1,075,415.53$ 325,544.25$

48

SCHEDULE 3








Preparatory Remedial Instruction

Educational Support Program 374,106.58$ 374,106.58$ 351,785.30$ 22,321.28$

Transitional Academic Studies 61,810.98 61,810.98 61,159.80 651.18

Other Preparatory Remedial Instruction 270,663.61 346,303.29$ 616,966.90 437,817.63 179,149.27

TOTAL PREPARATORY REMEDIAL INSTRUCTION 706,581.17$ 346,303.29$ 1,052,884.46$ 850,762.73$ 202,121.73$

TOTAL INSTRUCTION 137,537,165.06$ 6,304,655.50$ 143,841,820.56$ 123,742,799.05$ 19,104,736.94$ 994,284.57$

Research

Institutes and Research Centers

Feinstone Center for Genomic Research 267,818.95$ 621.00$ 268,439.95$ 238,923.36$ 23,181.09$ 6,335.50$

Bureau of Business and Economic Research 512,242.68 512,242.68 482,093.55 30,149.13

Center for Earthquake Research and Information 780,965.99 1,078,574.47 1,859,540.46 1,744,337.30 103,668.96 11,534.20

Center for Research in Egyptian Art and Archaeology 216,066.43 167,229.48 383,295.91 365,536.24 17,759.67

Center for Research in Educational Policy 122,491.00 1,991,422.61 2,113,913.61 1,218,008.49 895,905.12

Center for the Study of Higher Education 226,242.81 226,242.81 218,276.22 7,966.59

Groundwater Research and Service Institute 293,316.44 293,316.44 232,567.15 60,749.29

Strategies for the Communicatively Impaired 352,705.54 363,583.39 716,288.93 684,839.52 31,449.41

Center for Community Health 11,101.47 11,101.47 9,603.99 1,497.48

Institute For Intelligent Systems 1,155,912.24 1,155,912.24 1,114,287.48 41,624.76

Psychology 947,474.01 572,418.85 1,519,892.86 1,404,307.49 115,585.37

Center for Cycle Time Research 30,712.94 161.70 30,874.64 30,712.94 161.70

FedEx Emerging Technology Center 548,924.67 134.46 549,059.13 488,858.82 60,200.31

Integrated Microscopy Center 284,616.48 284,616.48 187,628.38 96,988.10

Animal Care Facility 262,804.15 262,804.15 338,388.73 (75,584.58)

Government Affairs 6,012.52 53,371.04 59,383.56 25,990.67 33,392.89

College of Arts and Sciences 99,181.48 99,181.48 84,324.21 14,857.27

English 67,509.54 67,509.54 31,830.19 35,679.35

Architecture 1,560.00 1,560.00 1,560.00

Interdisciplinary Studies 115,147.34 115,147.34 92,364.26 22,783.08

FCBE Academic Program 27,570.86 27,570.86 20,013.60 7,557.26

Biomedical Engineering 23,346.44 175,664.18 199,010.62 49,301.94 47,958.68 101,750.00

College of Communication Fine Arts 39,008.95 39,008.95 25,046.73 13,962.22

49

SCHEDULE 3







Research (Continued)

College of Engineering 52,356.32$ 52,356.32$ 34,020.51$ 18,335.81$

Other Institutes and Research Centers 2,341,057.42 2,341,057.42 1,878,999.94 462,057.48

TOTAL INSTITUTES AND RESEARCH CENTERS 8,346,079.41$ 4,843,248.44$ 13,189,327.85$ 11,000,261.71$ 2,069,446.44$ 119,619.70$

Individual and Project Research


Anthropology 2,567.75$ 16,803.99$ 19,371.74$ 11,981.53$ 7,390.21$

Biology 221,791.66 1,348,893.51 1,570,685.17 647,295.88 724,204.87 199,184.42$

Chemistry 396,227.05 664,901.56 1,061,128.61 518,605.97 486,565.84 55,956.80

English 17,831.48 17,831.48 17,831.48

Foreign Languages 33,435.57 33,435.57 33,435.57

Earth Sciences 53,867.75 143,712.24 197,579.99 107,144.93 90,435.06

History 87,089.31 56,158.14 143,247.45 108,677.62 31,274.63 3,295.20

Mathematical Sciences 193,080.10 322,045.89 515,125.99 242,727.78 272,398.21

Computer Science 109,908.29 1,673,581.26 1,783,489.55 978,820.37 787,256.94 17,412.24

Philosophy 214,534.02 19,450.00 233,984.02 224,643.28 9,340.74

Physics 46,856.24 583,321.17 630,177.41 318,875.68 292,818.42 18,483.31

Political Science 221,920.07 270,313.35 492,233.42 473,262.27 18,971.15

Psychology 345,876.48 2,383,063.76 2,728,940.24 1,438,260.79 1,265,087.94 25,591.51

Institute For Intelligent Systems 164,939.11 113,524.18 278,463.29 47,598.41 184,464.88 46,400.00

Sociology 181,687.44 36,899.99 218,587.43 198,891.31 19,696.12

Center for Earthquake Research and Information 73,034.83 1,566,294.31 1,639,329.14 896,861.13 724,888.77 17,579.24

Interdisciplinary Studies 416,709.00 393,703.75 810,412.75 702,973.56 107,439.19

School of Urban Affairs 17,831.73 124,097.00 141,928.73 38,320.31 103,608.42

Public Administration 4,694.71 66,417.36 71,112.07 27,887.72 43,224.35

Criminal Justice 79,456.43 909,902.39 989,358.82 481,230.46 508,128.36

Regional Economic Development Center 26,350.17 41,344.42 67,694.59 48,008.67 19,685.92

Social Work 36,835.93 262,492.64 299,328.57 198,630.99 100,697.58

Other Arts and Sciences 1,282.69 132,900.76 134,183.45 23,998.56 110,184.89

TOTAL COLLEGE OF ARTS AND SCIENCES 2,947,807.81$ 11,129,821.67$ 14,077,629.48$ 7,734,697.22$ 5,959,029.54$ 383,902.72$

50

SCHEDULE 3









School of Accountancy 141,060.14$ 6,687.40$ 147,747.54$ 135,234.14$ 12,513.40$

Economics 221,218.52 191,943.03 413,161.55 381,970.18 31,191.37

Finance, Insurance, and Real Estate 228,867.38 268,975.51 497,842.89 497,383.77 459.12

Management 186,871.56 186,871.56 184,874.37 1,997.19

Marketing and Supply Chain Management 186,392.99 1,536.66 187,929.65 186,246.02 1,683.63

Management Information Systems 213,322.76 71,249.57 284,572.33 224,242.28 60,330.05

Bureau Business Economic Research 45,578.05 938,321.68 983,899.73 813,383.65 170,516.08

Other College of Business and Economics 374,850.23 267,308.67 642,158.90 522,346.80 119,812.10

TOTAL FOGELMAN COLLEGE OF BUSINESS

AND ECONOMICS 1,598,161.63$ 1,746,022.52$ 3,344,184.15$ 2,945,681.21$ 398,502.94$


Counseling, Educational Psychology and Research 255,949.34$ 255,949.34$ 220,551.77$ 35,397.57$

Instruction and Curriculum Leadership 105,625.41 628,865.83$ 734,491.24 463,981.61 267,833.63 2,676.00$

Health and Sport Sciences 443,602.68 475,485.75 919,088.43 319,934.77 476,535.03 122,618.63

Leadership 14,393.83 14,393.83 14,393.83

Center Research Education Policy 23,723.63 23,723.63 23,723.63

Other College of Education 42,766.91 10,238.96 53,005.87 53,005.87

TOTAL COLLEGE OF EDUCATION 886,061.80$ 1,114,590.54$ 2,000,652.34$ 1,004,468.15$ 870,889.56$ 125,294.63$


Biomedical Engineering 118,052.32$ 1,428,905.80$ 1,546,958.12$ 903,599.30$ 488,184.32$ 155,174.50$

Civil Engineering 630,869.16 2,086,025.35 2,716,894.51 1,481,745.65 1,175,982.57 59,166.29

Electrical and Computer Engineering 547,484.25 956,782.39 1,504,266.64 1,150,211.09 341,573.65 12,481.90

Engineering Technology 45,023.90 26,184.95 71,208.85 54,324.03 16,884.82

Mechanical Engineering 65,214.16 234,957.95 300,172.11 121,160.56 168,960.70 10,050.85

Other Engineering 130,257.48 208,044.44 338,301.92 106,487.35 216,264.57 15,550.00

TOTAL HERFF COLLEGE OF ENGINEERING 1,536,901.27$ 4,940,900.88$ 6,477,802.15$ 3,817,527.98$ 2,407,850.63$ 252,423.54$

51

SCHEDULE 3








College of Communication and Fine Arts

Art 11,627.97$ 3,175.72$ 14,803.69$ 9,228.22$ 5,575.47$

Communication 3,860.65 3,860.65 774.30 3,086.35

Journalism 32,180.50 32,180.50 32,180.50

Art Museum 658.00 658.00 658.00

Theatre and Dance 219,075.00 219,075.00 219,075.00

School of Music 200.00 200.00 200.00

Architecture 355.63 23,110.17 23,465.80 23,465.80

Other Communication and Fine Arts 3,255.57 71,970.57 75,226.14 21,471.07 53,755.07

TOTAL COLLEGE OF COMMUNICATION AND FINE ARTS 271,213.32$ 98,256.46$ 369,469.78$ 282,729.09$ 86,740.69$

Other Instructional Units

Cecil C. Humphreys School of Law 47,873.39$ 47,873.39$ 8,544.00$ 39,329.39$

Loewenberg School of Nursing 33,407.63$ 574,716.56 608,124.19 265,652.29 342,471.90

Student Financial Aid 78,506.55 78,506.55 78,506.55

School of Comm Sci and Disorders 173,008.11 804,839.80 977,847.91 618,248.65 343,511.15 16,088.11$

Center for Community Health 7,259.86 7,259.86 7,259.86

Health Administration 16,128.07 132,048.89 148,176.96 106,472.01 41,704.95

School of Public Health 89,750.51 123,194.70 212,945.21 79,238.59 81,356.77 52,349.85

Environmental Health 3,644.09 25,763.03 29,407.12 11,923.60 17,483.52

Social and Behavioral Sciences 67,510.99 229,515.33 297,026.32 229,580.04 67,446.28

Epidemiology and Biostatistics 21,767.49 341,955.65 363,723.14 228,103.54 124,394.60 11,225.00

University Libraries 43,373.75 43,373.75 6,000.00 6,629.20 30,744.55

University College 1,096.26 187,261.57 188,357.83 109,237.49 79,120.34

Vice Provost Research 101,367.86 39,542.27 140,910.13 36,217.50 104,692.63



Police Services 13,460.92 13,460.92 11,724.38 1,736.54

Integrated Microscopy Center 4,079.29 4,079.29 4,079.29

FedEx Institute of Technology 178,931.63 101,233.04 280,164.67 67,488.57 212,676.10

Academic Technology Services 56,885.85 56,885.85 56,885.85

Other Individual and Project Research 961,006.27 961,006.27 143,624.63 817,381.64

TOTAL OTHER INSTRUCTIONAL UNITS 1,721,255.07$ 2,879,727.62$ 4,600,982.69$ 2,149,675.03$ 2,340,900.15$ 110,407.51$

52

SCHEDULE 3








TOTAL INDIVIDUAL AND PROJECT RESEARCH 8,961,400.90$ 21,909,319.69$ 30,870,720.59$ 17,934,778.68$ 12,063,913.51$ 872,028.40$

TOTAL RESEARCH 17,307,480.31$ 26,752,568.13$ 44,060,048.44$ 28,935,040.39$ 14,133,359.95$ 991,648.10$

Public Service

College of Arts and Sciences 872,224.42$ 1,810,101.95$ 2,682,326.37$ 1,704,695.13$ 977,631.24$

Fogelman College of Business and Economics 520,906.42 120,034.55 640,940.97 392,734.37 248,206.60

College of Education 646,792.75 1,220,301.86 1,867,094.61 1,639,585.20 227,509.41

Herff College of Engineering 81,243.35 1,228,159.35 1,309,402.70 864,894.17 444,508.53

College of Communication and Fine Arts 77,291.95 133,736.49 211,028.44 123,268.40 87,760.04

Cecil C. Humphreys School of Law 543.76 19,149.51 19,693.27 4,380.00 15,313.27

School of Comm Sci and Disorders 1,716,254.51 30,139.86 1,746,394.37 1,440,049.57 306,344.80

School of Nursing 66,728.94 66,728.94 66,728.94

University Libraries 21,850.64 21,850.64 21,850.64

University College 522.92 56,820.56 57,343.48 30,029.53 27,313.95

School of Public Health 9,182.40 (12,048.81) (2,866.41) 15,117.23 (17,983.64)

Client Support Services 335,102.40 335,102.40 280,954.92 54,147.48

Conference Planning and Operations 1,039,692.15 1,039,692.15 481,000.81 547,745.34 10,946.00$

Enrollment Services 52,516.49 52,516.49 52,516.49

Extended Programs 163,552.66 542,646.47 706,199.13 388,472.41 317,726.72

Hotel Conference Center 326,705.02 326,705.02 326,705.02

Office of the President 7,648.42 7,648.42 7,648.42

Provost Office 32,210.74 32,210.74 32,210.74

Vice Provost Assessment, IR, Report (334.57) 9,415.00 9,080.43 9,415.00 (334.57)

Undergraduate Programs 1,508.51 1,508.51 1,508.51

IT Planning and Budget 29,058.81 29,058.81 29,058.81

VP Student Affairs 9,694.86 9,694.86 9,694.86

AVP Student Affairs 384.48 384.48 384.48

Center for Counsel Learn Testing 69,651.22 69,651.22 67,851.39 1,799.83

Health Center 3,106.25 3,106.25 3,106.25

Campus Recreation (42.00) 231.00 189.00 189.00

Police Services 26,850.59 26,850.59 19,809.15 7,041.44

General Accounting 488,771.84 488,771.84 318,938.75 169,833.09

53

SCHEDULE 3







Public Service (Continued)

Vice President Business and Finance 103,909.34$ 103,909.34$ 97,972.86$ 5,936.48$

VP Communications, PR, Marketing 32.97 32.97 32.97

Other Community Service (74,437.56) (74,437.56) (92,226.19) 17,788.63

TOTAL PUBLIC SERVICE 6,457,687.29$ 5,330,125.18$ 11,787,812.47$ 7,928,423.25$ 3,848,443.22$ 10,946.00$

Academic Support

Libraries

Main Library 8,667,158.98$ 13,101.89$ 8,680,260.87$ 4,545,878.93$ 3,712,300.24$ 422,081.70$

Law Library 1,681,447.14 1,681,447.14 1,097,335.18 48,947.89 535,164.07

Other Libraries 538,654.80 538,654.80 383,721.82 154,932.98

TOTAL LIBRARIES 10,887,260.92$ 13,101.89$ 10,900,362.81$ 6,026,935.93$ 3,916,181.11$ 957,245.77$

Museums and Galleries

Art Museum 274,709.25$ 274,709.25$ 239,079.66$ 27,464.59$ 8,165.00$

Chucalissa Museum 239,129.44 239,129.44 194,776.89 44,352.55

Other Museums and Galleries 11,898.25 11,898.25 6,744.80 5,153.45

TOTAL MUSEUMS AND GALLERIES 525,736.94$ 525,736.94$ 440,601.35$ 76,970.59$ 8,165.00$

Educational Media Services

Learning Resource Center 129,910.48$ 129,910.48$ 130,750.15$ (839.67)$

Academic Learning Center 423,050.01 423,050.01 392,717.09 30,332.92

Other Educational Media Services 11,212.18 11,212.18 6,113.92 5,098.26

TOTAL EDUCATIONAL MEDIA SERVICES 564,172.67$ 564,172.67$ 529,581.16$ 34,591.51$

54

SCHEDULE 3







Academic Support (Continued)

Academic Computing Support

VP Information Technology 243,384.25$ 243,384.25$ 67,023.12$ 176,361.13$

Client Support Services 1,260,408.73 1,260,408.73 1,178,344.37 74,923.64 7,140.72$

IT Operations 1,367,597.89 1,367,597.89 864,301.69 395,646.48 107,649.72

Assoc VP Information Technology 1,492,821.02 1,492,821.02 365,864.56 1,110,462.46 16,494.00

University Admin Applications Services 1,921,541.35 1,921,541.35 1,879,489.32 42,052.03

Academic Technology Services 159,695.31 159,695.31 158,966.91 728.40

Other Academic Computing Support (6,556,631.36) (6,556,631.36) (5,070,677.22) (1,496,149.85) 10,195.71

TOTAL ACADEMIC COMPUTING SUPPORT (111,182.81)$ (111,182.81)$ (556,687.25)$ 304,024.29$ 141,480.15$

Ancillary Support

Campus School 2,049,022.83$ 2,049,022.83$ 1,873,848.67$ 153,455.16$ 21,719.00$

Meeman Farm 52,419.07 52,419.07 42,818.30 9,600.77

WUMR FM Radio 77,174.61 43,256.44$ 120,431.05 80,733.53 39,697.52

Lipman School 586,624.92 350.00 586,974.92 529,186.25 57,788.67

Reading Center 1,275.92 1,275.92 907.80 368.12

Music Publishing and Recording 10,429.19 10,429.19 10,429.19

Other Ancillary Support 74,707.49 74,707.49 56,925.84 17,781.65

TOTAL ANCILLARY SUPPORT 2,851,654.03$ 43,606.44$ 2,895,260.47$ 2,584,420.39$ 289,121.08$ 21,719.00$

Academic Administration

Dean, College of Arts and Sciences 1,542,094.47$ 1,542,094.47$ 1,509,434.11$ 32,660.36$

Dean, Fogelman College of Business and Economics 2,268,513.79 2,268,513.79 2,087,724.97 180,788.82

Dean, College of Education 1,191,683.46 1,191,683.46 1,151,188.20 40,495.26

Dean, Herff College of Engineering 706,532.59 706,532.59 665,280.09 41,252.50

Dean, College of Communication and Fine Arts 834,067.18 834,067.18 794,619.28 39,447.90

Dean, Loewenberg School of Nursing 1,113,759.16 1,113,759.16 1,108,165.84 5,593.32

Dean, Cecil C. Humphreys School of Law 362,546.76 309,229.77$ 671,776.53 547,381.33 124,395.20

Vice Provost Extended Programs 440,024.73 440,024.73 415,421.15 24,603.58

Academic Administration 484,152.08 484,152.08 465,152.56 18,999.52

Vice Provost Assessment, IR, Report 297,177.73 297,177.73 278,845.88 18,331.85

University College 879,553.97 879,553.97 838,111.64 41,442.33

University College RODP 571,932.49 571,932.49 384,880.94 149,434.32 37,617.23$


55

SCHEDULE 3







Academic Support (Continued)

Graduate Programs 611,306.20$ 28,161.00$ 639,467.20$ 598,901.47$ 40,565.73$

Lambuth 443,603.41 443,603.41 395,219.72 48,383.69


School of Public Health 1,167,049.36 1,167,049.36 1,082,611.41 84,437.95

Curriculum and Assessments 6,500.21 6,500.21 4,901.00 1,599.21

Other Academic Administration 483,718.83 10,000.00 493,718.83 349,229.39 144,489.44

TOTAL ACADEMIC ADMINISTRATION 14,239,031.80$ 430,583.91$ 14,669,615.71$ 13,552,727.99$ 1,079,270.49$ 37,617.23$

Academic Personnel Development

Provost Office 14,182.93$ 14,182.93$ 14,182.93$

Faculty Enrichment 3,919.41 3,919.41 3,919.41

Affirmative Action 13,677.84$ 13,677.84 6,938.03$ 6,739.81

Other Academic Personnel Development 1,861.68 1,861.68 1,268.51 593.17

TOTAL ACADEMIC PERSONNEL DEVELOPMENT 19,964.02$ 13,677.84$ 33,641.86$ 8,206.54$ 25,435.32$

Course Curriculum Development

General Education Program 105,384.00$ 105,384.00$ 105,384.00$

Instructional Evaluation 287,987.04 287,987.04 238,146.53 49,840.51$

Vice Provost Assessment, IR, Report 30,463.37 30,463.37 30,463.37

Other Course and Curriculum Development 7,441.10 7,441.10 4,397.89 3,043.21

TOTAL COURSE CURRICULUM DEVELOPMENT 431,275.51$ 431,275.51$ 378,391.79$ 52,883.72$

TOTAL ACADEMIC SUPPORT 29,407,913.08$ 500,970.08$ 29,908,883.16$ 22,964,177.90$ 5,778,478.11$ 1,166,227.15$

56

SCHEDULE 3







Student Services

Student Services Administration

Student Affairs Administration 570,610.86$ 570,610.86$ 510,266.97$ 54,826.29$ 5,517.60$

Student Judicial Ethical Programs 155,063.04 155,063.04 148,066.10 6,996.94

Student Development 226,801.71 226,801.71 202,122.74 24,678.97

Student Life 234,824.29 234,824.29 224,287.30 10,536.99

Minority Affairs 236,164.28 166.56$ 236,330.84 214,844.25 21,486.59

International Students 577,216.15 577,216.15 500,633.33 76,582.82

Student Disability Services 619,937.02 619,937.02 566,505.71 53,431.31

Lambuth 2,122.10 2,122.10 2,122.10

Registrar Office 54,899.89 54,899.89 47,340.72 7,559.17


Adult and Commuter Student Services 10,616.82 10,616.82 10,616.82

Student Leadership 9.36 9.36 9.36

Business Development 87,243.60 87,243.60 108,785.99 (21,542.39)

Other Student Services Administration 379,328.87 379,328.87 285,961.08 93,367.79

TOTAL STUDENT SERVICES ADMINISTRATION 3,154,837.99$ 110,437.30$ 3,265,275.29$ 2,919,084.93$ 340,672.76$ 5,517.60$

Student Admissions and Records

Academic Administration 405,966.36$ 405,966.36$ 401,657.10$ 4,309.26$

Admissions 2,056,740.65 2,056,740.65 1,785,665.18 260,571.47 10,504.00$

Graduate Programs 224,756.53 6,480.00$ 231,236.53 218,456.70 12,779.83

School of Law 227,619.71 227,619.71 214,418.88 13,200.83

Enrollment Services 987,554.96 987,554.96 831,810.24 155,744.72

Registrar's Office 1,665,296.93 1,665,296.93 1,582,315.79 82,981.14

Student Financial Aid 7,239.00 7,239.00 1,372.10 5,866.90

Other Student Admissions and Records 217,170.89 217,170.89 178,032.43 39,138.46

TOTAL STUDENT ADMISSIONS AND RECORDS 5,792,345.03$ 6,480.00$ 5,798,825.03$ 5,213,728.42$ 574,592.61$ 10,504.00$

57

SCHEDULE 3







Student Services (Continued)

Social and Cultural Development

Student Activities Council 1,248,681.25$ 1,248,681.25$ 494,969.07$ 753,712.18$

Campus Recreation and Intramural Services 1,451,795.76 4,727.80$ 1,456,523.56 1,033,505.38 295,931.00 127,087.18$

Helmsman 3,077.16 3,077.16 3,077.16

Journalism 193,633.96 193,633.96 252,542.02 (58,908.06)

Student Government Association 870,809.77 870,809.77 17,673.38 853,136.39

Orientation Services 275,660.94 275,660.94 40,840.59 234,820.35

University Center 569,065.13 569,065.13 456,679.05 94,201.08 18,185.00

Student Child Care Program 259,094.59 259,094.59 186,261.83 72,832.76

School of Law 49,810.58 49,810.58 811.68 48,998.90


Graduate Programs 23,157.95 23,157.95 22,807.00 350.95

Office of Student Conduct 14,520.00 14,520.00 14,520.00

AVP Campus Services 48,389.28 48,389.28 48,389.28

Other Social and Cultural Development 438,990.67 438,990.67 268,787.23 170,203.44

TOTAL SOCIAL AND CULTURAL DEVELOPMENT 5,446,687.04$ 7,150.23$ 5,453,837.27$ 2,825,688.94$ 2,482,876.15$ 145,272.18$

Student Health Services

Health Services 1,089,074.45$ 1,089,074.45$ 969,065.25$ 109,759.20$ 10,250.00$

Other Student Health Services 18,383.11 18,383.11 12,994.85 5,388.26

TOTAL STUDENT HEALTH SERVICES 1,107,457.56$ 1,107,457.56$ 982,060.10$ 115,147.46$ 10,250.00$

Social and Cultural Development - Athletics

Athletic Management Finance 2,329,415.15$ 2,329,415.15$ 613,824.95$ 1,715,590.20$

Athletic Business Office 2,451,732.72 2,451,732.72 1,559,544.26 892,188.46

Athletic Administration 3,983,251.90 4,634.17$ 3,987,886.07 1,028,232.49 2,654,128.41 305,525.17$

Athletic External Affairs 2,194,701.35 2,194,701.35 693,812.89 1,500,888.46

Athletic Communications 1,321,340.37 15,459.64 1,336,800.01 794,243.84 536,234.17 6,322.00

Athletic External Affairs 1,274.43 1,274.43 1,274.43

Athletic Communications 26,134.55 26,134.55 26,134.55

Athletic Academic Services 592,617.75 74,187.71 666,805.46 664,725.26 2,080.20

Other Athletics Administration 615,090.36 437,550.39 1,052,640.75 552,363.41 500,277.34

Basketball - Men 7,831,138.21 7,831,138.21 1,688,739.24 6,142,398.97

Football 10,006,884.88 10,006,884.88 3,563,555.06 6,424,337.13 18,992.69

58

SCHEDULE 3








Baseball - Men 1,109,940.13$ 5,573.32$ 1,115,513.45$ 324,248.79$ 791,264.66$

Golf - Men 316,860.78 63,698.78 380,559.56 118,367.51 262,192.05

Olympic Sports 3,564.50 3,564.50 1,140.00 2,424.50

Rifle 197,078.51 197,078.51 26,700.00 107,744.51 62,634.00$

Soccer - Men 745,543.52 6,336.01 751,879.53 166,645.78 585,233.75

Tennis - Men 406,722.51 10,402.51 417,125.02 109,277.22 307,847.80

Track - Men 1,087,450.81 1,087,450.81 144,856.10 942,594.71

Basketball - Women 2,514,407.43 21,507.14 2,535,914.57 908,514.36 1,627,400.21

Golf - Women 420,841.81 47,894.65 468,736.46 112,002.07 356,734.39

Soccer - Women 1,030,394.60 274.84 1,030,669.44 290,832.09 739,837.35

Softball - Women 1,003,562.18 6,425.84 1,009,988.02 223,923.45 786,064.57

Tennis - Women 540,488.81 3,640.47 544,129.28 105,287.12 438,842.16

Track - Women 713,140.88 713,140.88 135,105.72 578,035.16

Volleyball - Women 1,055,206.81 6,091.75 1,061,298.56 233,493.20 827,805.36

Other Social and Cultural Development (187,674.97) (187,674.97) (195,214.04) 7,539.07

TOTAL SOCIAL AND CULTURAL

DEVELOPMENT - ATHLETICS 42,309,835.55$ 704,951.65$ 43,014,787.20$ 13,864,220.77$ 28,757,092.57$ 393,473.86$

Counseling and Career Guidance

Undergraduate Programs 1,013,155.88$ 1,013,155.88$ 907,417.09$ 105,738.79$

Career and Employment Services 773,895.78 773,895.78 738,271.89 35,623.89

Adult Services 459,206.02 4,062.00$ 463,268.02 386,377.58 76,890.44

Center for Student Development 192,164.44 192,164.44 179,063.42 13,101.02

Testing Center 159,891.00 159,891.00 118,791.22 41,099.78

Lambuth 543.77 543.77 - 543.77

Testing Center Lambuth 6,867.50 6,867.50 3,362.50 3,505.00

School of Law 221,392.60 221,392.60 212,394.57 8,998.03

School of Music 96.37 96.37 - 96.37

Other Counseling and Career Guidance 59,757.84 59,757.84 40,791.01 18,966.83

TOTAL COUNSELING AND CAREER GUIDANCE 2,886,971.20$ 4,062.00$ 2,891,033.20$ 2,586,469.28$ 304,563.92$

59

SCHEDULE 3








Financial Aid Administration

Student Aid Office 1,357,222.46$ 1,357,222.46$ 1,313,047.09$ 44,175.37$

Student Financial Services Administration 661,706.31 661,706.31 665,657.08 (3,950.77)

Other Financial Aid Administration 99,347.15 99,347.15 86,995.09 12,352.06

TOTAL FINANCIAL AID ADMINISTRATION 2,118,275.92$ 2,118,275.92$ 2,065,699.26$ 52,576.66$

TOTAL STUDENT SERVICES 62,816,410.29$ 833,081.18$ 63,649,491.47$ 30,456,951.70$ 32,627,522.13$ 565,017.64$

Institutional Support

Executive Management

President's Office 1,259,127.21$ 5,461.25$ 1,264,588.46$ 1,158,971.80$ 105,616.66$

Other Executive Management 4,402,135.87 4,402,135.87 3,658,494.81 743,641.06

TOTAL EXECUTIVE MANAGEMENT 5,661,263.08$ 5,461.25$ 5,666,724.33$ 4,817,466.61$ 849,257.72$

Fiscal Operations

Internal Auditing 439,667.48$ 439,667.48$ 407,377.42$ 32,290.06$

Business and Finance Support Services 1,111,785.68 1,111,785.68 1,087,726.40 24,059.28

Finance Office 489,280.04 489,280.04 430,826.80 58,453.24

Accounting Office 2,005,968.89 145.00$ 2,006,113.89 1,900,397.70 105,716.19

Bursar's Office 768,073.71 768,073.71 687,999.57 80,074.14

Office of Financial Planning 517,329.83 517,329.83 499,311.76 18,018.07

Investment and Banking Expense 570,027.80 570,027.80 570,027.80

Lambuth 267.00 267.00 267.00

Other Fiscal Operations 5,562,261.05 5,562,261.05 167,016.01 5,395,245.04

TOTAL FISCAL OPERATIONS 11,464,661.48$ 145.00$ 11,464,806.48$ 5,180,922.66$ 6,283,883.82$

General Administration and Logistical Services

Affirmative Action 180,057.45$ 180,057.45$ 161,819.01$ 18,238.44$

Network Services 2,035,570.86 2,035,570.86 1,630,478.59 211,249.54 193,842.73$

Human Resources 1,959,953.92 1,959,953.92 1,699,472.86 260,481.06

Business and Finance Administration 421,546.51 421,546.51 335,185.84 86,360.67

Public Safety 3,272,990.25 3,272,990.25 2,710,091.60 562,898.65

Space Planning and Utilization 189,702.68 189,702.68 175,425.69 14,276.99

60

SCHEDULE 3







Institutional Support (Continued)

Procurement Services 596,530.69$ 596,530.69$ 563,375.53$ 33,155.16$

Reprographics 121,455.59 121,455.59 255,697.98 (134,242.39)

Mail Services 362,994.24 362,994.24 329,964.77 33,029.47

Lambuth 989.33 989.33 989.33

Business Development 152,618.34 152,618.34 133,452.54 8,341.80 10,824.00$

Earth Sciences 116.02 116.02 116.02

Interdisciplinary Studies 350.21 350.21 350.21

Student Financial Aid 30,437.38$ 30,437.38 30,437.38

Other General Administration and Logistical Services 1,280,464.74 1,280,464.74 93,171.88 1,187,292.86

TOTAL GENERAL ADMINISTRATION

AND LOGISTICAL SERVICES 10,575,340.83$ 30,437.38$ 10,605,778.21$ 8,118,573.67$ 2,282,537.81$ 204,666.73$

Public Relations and Development

Public Relations 392,227.89$ 392,227.89$ 390,837.20$ 1,390.69$

Alumni Development 1,673,211.34 7,398.96$ 1,680,610.30 1,566,606.79 114,003.51

Alumni and Constituent Programs 563,092.05 563,092.05 553,468.88 9,623.17

Marketing and Communications 1,037,480.86 1,037,480.86 4,548.25 1,032,932.61

VP Advancement 1,258,645.48 6,675.00 1,265,320.48 1,174,543.33 90,777.15

Government Affairs 441,806.76 441,806.76 395,310.59 46,496.17

University District Support 17,729.75 17,729.75 17,729.75

AVP Student Affairs 452,347.27 452,347.27 78,124.79 374,222.48

VP Communications, PR, Marketing 1,288,465.69 1,288,465.69 1,142,142.85 146,322.84

Other Public Relations and Development 73,433.75 73,433.75 46,388.79 27,044.96

TOTAL PUBLIC RELATIONS AND DEVELOPMENT 7,198,440.84$ 14,073.96$ 7,212,514.80$ 5,351,971.47$ 1,860,543.33$

TOTAL INSTITUTIONAL SUPPORT 34,899,706.23$ 50,117.59$ 34,949,823.82$ 23,468,934.41$ 11,276,222.68$ 204,666.73$

61

SCHEDULE 3







Operation and Maintenance of Plant

Physical Plant Administration

Physical Plant Administration 2,145,860.90$ 2,145,860.90$ 1,763,815.59$ 377,031.57$ 5,013.74$

Physical Plant Custodial 229,449.43 229,449.43 139,570.16 79,943.27 9,936.00

Campus Planning and Design 778,432.43 778,432.43 738,900.94 39,531.49


University College 67,657.66 67,657.66 65,875.00 1,782.66

School of Public Health 8,290.91 8,290.91 950.00 7,340.91

VP Information Technology 9,056.90 9,056.90 9,056.90

Police Services 31,378.50 31,378.50 4,723.50 26,655.00

Other Physical Plant Administration 1,258,611.26 1,258,611.26 416,156.53 842,454.73

TOTAL PHYSICAL PLANT ADMINISTRATION 4,537,283.83$ 4,537,283.83$ 3,125,268.22$ 1,370,410.87$ 41,604.74$

Building Maintenance

Maintenance and Operations 8,092,236.16$ 8,092,236.16$ 4,210,733.27$ 3,702,992.93$ 178,509.96$

PP Crafts Trades Lambuth 674,114.59 674,114.59 303,837.56 350,782.03 19,495.00

Departmental Charges (2,639,633.91) (2,639,633.91) (2,639,633.91)

Interdisciplinary Studies 48,920.84 48,920.84 48,920.84

International Programs 6,677.36 6,677.36 6,677.36

Other Building Maintenance 465,956.12 465,956.12 4,195.18 461,760.94

TOTAL BUILDING MAINTENANCE 6,648,271.16$ 6,648,271.16$ 4,567,686.85$ 1,882,579.35$ 198,004.96$

Custodial Services

Environmental Health and Safety 384,255.48$ 384,255.48$ 264,553.64$ 119,701.84$

Building Services 7,297,587.06 7,297,587.06 6,349,666.89 947,920.17

Lambuth 118,859.31 118,859.31 118,859.31

Departmental Charges (133,676.38) (133,676.38) (133,676.38)

Residence Life 823,650.90 (823,650.90)

Other Custodial Services 74,681.85 74,681.85 72,926.49 1,755.36

TOTAL CUSTODIAL SERVICES 7,741,707.32$ 7,741,707.32$ 7,510,797.92$ 230,909.40$

62

SCHEDULE 3







Operation and Maintenance of Plant (Continued)

Utilities

Heat, Light, Power and Air Conditioning 7,463,549.43$ 7,463,549.43$ 7,463,549.43$

TOTAL UTILITIES 7,463,549.43$ 7,463,549.43$ 7,463,549.43$

Landscape and Grounds

Campus Landscape 2,546,111.93$ 2,546,111.93$ 1,655,984.64$ 869,743.29$ 20,384.00$

Lambuth Landscape 148,821.71 148,821.71 119,712.41 29,109.30

Athletic Administration 177,062.58 177,062.58 68,484.02 108,578.56

Departmental Charges (711,988.86) (711,988.86) (711,988.86)

Other Landscape and Grounds Maintenance 29,263.34 29,263.34 7,415.87 21,847.47

TOTAL LANDSCAPE AND GROUNDS 2,189,270.70$ 2,189,270.70$ 1,851,596.94$ 317,289.76$ 20,384.00$

Major Repairs and Renovations

Major Repairs and Renovations 238,404.42$ 238,404.42$ 238,404.42$

IT Planning and Budget 15,381.02 15,381.02 15,381.02

Forced Maintenance Construction 533,590.86 533,590.86 533,590.86

PP Lambuth Projects 137,619.59 137,619.59 137,619.59

Assoc VP Information Technology 2,725.00 2,725.00 2,725.00

AVP Campus Planning Design 910.00 910.00 910.00

TOTAL MAJOR REPAIRS AND RENOVATIONS 928,630.89$ 928,630.89$ 928,630.89$

TOTAL OPERATION AND MAINTENANCE OF PLANT 29,508,713.33$ 29,508,713.33$ 17,055,349.93$ 12,193,369.70$ 259,993.70$

Scholarships and Fellowships

Scholarships

General Academic Instruction Scholarships

College of Arts and Sciences 15,918.20$ 15,918.20$ 15,918.20$

College of Engineering 164,986.00 164,986.00 164,986.00

TOTAL GENERAL ACADEMIC INSTRUCTION 180,904.20$ 180,904.20$ 180,904.20$

63

SCHEDULE 3







Scholarships and Fellowships (Continued)

General Scholarships

School of Music 1,478,517.84$ 1,478,517.84$ 1,478,517.84$

Student Financial Aid 36,680,866.00$ 36,680,866.00 36,680,866.00

Honors Program 1,291,073.50 1,291,073.50 1,291,073.50

International Programs 587,441.92 22,500.00 609,941.92 609,941.92


Employee Fee Waivers and Scholarships 2,246,638.51 27,108,963.50 29,355,602.01 29,355,602.01

Affirmative Action 117,780.88 117,780.88 117,780.88

Scholarships 9,670,650.50 3,120,882.04 12,791,532.54 12,791,532.54

TOTAL GENERAL SCHOLARSHIPS 15,392,103.15$ 67,161,542.80$ 82,553,645.95$ 82,553,645.95$

TOTAL SCHOLARSHIPS 15,392,103.15$ 67,342,447.00$ 82,734,550.15$ 82,734,550.15$

Fellowships

Cecil C. Humphreys School of Law 240,592.00$ 4,260.00$ 244,852.00$ 244,852.00$


Other Fellowships 19,390.00 19,390.00 19,390.00

TOTAL FELLOWSHIPS 240,592.00$ 38,430.00$ 279,022.00$ 279,022.00$

TOTAL SCHOLARSHIPS AND FELLOWSHIPS 15,632,695.15$ 67,380,877.00$ 83,013,572.15$ 83,013,572.15$

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES 333,567,770.74$ 107,152,394.66$ 440,720,165.40$ 254,551,676.63$ 181,975,704.88$ 4,192,783.89$

Educational and General Mandatory Transfers

Mandatory Transfers

Student Debt Service Fees 3,534,982.82$ 3,534,982.82$ 3,534,982.82$

Retirement of Indebtedness 1,173,156.72 1,173,156.72 1,173,156.72

TOTAL EDUCATIONAL AND GENERAL

MANDATORY TRANSFERS 4,708,139.54$ 4,708,139.54$ 4,708,139.54$

64

SCHEDULE 3







Educational and General Nonmandatory Transfers

Unexpended Plant Funds

Extraordinary Maintenance 50,000.00$ 50,000.00$ 50,000.00$

Renovation of Various Facilities 11,903,987.60 11,903,987.60 11,903,987.60

TOTAL UNEXPENDED PLANT FUNDS 11,953,987.60$ 11,953,987.60$ 11,953,987.60$

Renewal and Replacement

Renewal and Replacement (3,279,382.00)$ (3,279,382.00)$ (3,279,382.00)$

TOTAL RENEWAL AND REPLACEMENT (3,279,382.00)$ (3,279,382.00)$ (3,279,382.00)$

Other Nonmandatory Transfers

Debt Service Fees 233,227.93$ 233,227.93$ 233,227.93$

Transfer to Endowment Funds 1,547.25$ 1,547.25 1,547.25

TOTAL OTHER NONMANDATORY TRANSFERS 233,227.93$ 1,547.25$ 234,775.18$ 234,775.18$

TOTAL EDUCATIONAL AND GENERAL

NONMANDATORY TRANSFERS 8,907,833.53$ 1,547.25$ 8,909,380.78$ 8,909,380.78$

TOTAL EDUCATIONAL AND GENERAL 347,183,743.81$ 107,153,941.91$ 454,337,685.72$ 254,551,676.63$ 195,593,225.20$ 4,192,783.89$

AUXILIARY ENTERPRISES

Auxiliary Enterprises Expenditures

Retail Stores


TOTAL RETAIL STORES 192,278.68$ 192,278.68$ 192,278.68$

Food Services

Regular Food Services 1,021,735.60$ 1,021,735.60$ 187,772.11$ 824,876.66$ 9,086.83$

Food Vending 178,472.52 178,472.52 157,805.34 20,667.18

TOTAL FOOD SERVICES 1,200,208.12$ 1,200,208.12$ 345,577.45$ 845,543.84$ 9,086.83$

65

SCHEDULE 3







Auxiliary Enterprises Expenditures (Continued)

Student Housing

Residence Life Administration 2,855.35$ 2,855.35$ 1,170,416.07$ (1,167,560.72)$

Residence Life Reallocations

Rawls Hall 887,440.57 887,440.57 121,728.87 765,711.70

South Hall 393,517.24 1,024.76$ 394,542.00 82,570.82 311,971.18

Nellie Angel Smith Hall 428,556.58 428,556.58 53,299.56 375,257.02

Mynders Hall 406,603.22 406,603.22 46,363.92 360,239.30

Living Learning Residence Community 1,042,218.93 1,042,218.93 96,591.16 945,627.77

Richardson Towers 5,267,288.54 5,267,288.54 525,264.59 4,742,023.95

Student Housing Complex 1,187,238.19 1,187,238.19 110,342.59 1,076,895.60

Student Family Housing 557,731.01 557,731.01 110,078.07 447,652.94

Lambuth Housing 55,738.63 55,738.63 8,076.55 47,662.08

TOTAL STUDENT HOUSING 10,229,188.26$ 1,024.76$ 10,230,213.02$ 2,324,732.20$ 7,905,480.82$

Other Housing

Residential and Commercial Rentals 712,011.69$ 712,011.69$ 163,735.23$ 548,276.46$

TOTAL OTHER HOUSING 712,011.69$ 712,011.69$ 163,735.23$ 548,276.46$

Other Student Auxiliaries

Copier Vending 395,835.06$ 395,835.06$ 38,222.16$ 339,784.90$ 17,828.00$

Parking 2,345,866.59 2,345,866.59 694,509.25 1,644,907.34 6,450.00

TOTAL OTHER STUDENT AUXILIARIES 2,741,701.65$ 2,741,701.65$ 732,731.41$ 1,984,692.24$ 24,278.00$

TOTAL AUXILIARY ENTERPRISES EXPENDITURES 15,075,388.40$ 1,024.76$ 15,076,413.16$ 3,566,776.29$ 11,476,272.04$ 33,364.83$

66

SCHEDULE 3







Auxiliary Enterprises Mandatory Transfers

Provisions for Debt on Auxiliary Plant


Student Housing 2,749,003.02 2,749,003.02 2,749,003.02

Parking 834,251.15 834,251.15 834,251.15

TOTAL PROVISIONS FOR DEBT ON AUXILIARY PLANT 3,763,703.71$ 3,763,703.71$ 3,763,703.71$

TOTAL AUXILIARY ENTERPRISES

MANDATORY TRANSFERS 3,763,703.71$ 3,763,703.71$ 3,763,703.71$

Auxiliary Enterprises Nonmandatory Transfers

Unexpended Plant Funds


Rental Properties 493,189.01 493,189.01 493,189.01

TOTAL UNEXPENDED PLANT FUNDS 943,189.01$ 943,189.01$ 943,189.01$

Renewals and Replacements


Contracted Food Services 5,321.92 5,321.92 5,321.92

Student Housing 2,254,754.30 2,254,754.30 2,254,754.30

Parking 630,596.47 630,596.47 630,596.47

Residential and Commercial Rentals 7,681.67 7,681.67 7,681.67

TOTAL RENEWALS AND REPLACEMENTS 2,932,089.32$ 2,932,089.32$ 2,932,089.32$

Other Funds


Contracted Vending Machines 450,000.00 450,000.00 450,000.00

TOTAL OTHER FUNDS 500,000.00$ 500,000.00$ 500,000.00$

TOTAL AUXILIARY ENTERPRISES

NONMANDATORY TRANSFERS 4,375,278.33$ 4,375,278.33$ 4,375,278.33$

TOTAL AUXILIARY ENTERPRISES 23,214,370.44$ 1,024.76$ 23,215,395.20$ 3,566,776.29$ 19,615,254.08$ 33,364.83$

TOTAL CURRENT FUNDS EXPENDITURES AND TRANSFERS 370,398,114.25$ 107,154,966.67$ 477,553,080.92$ 258,118,452.92$ 215,208,479.28$ 4,226,148.72$

67

SCHEDULE 4

Balance

July 1, 2012 Gifts and Grants

Endowment

Income Other Other

Indirect Cost

Recoveries Expenditures

Balance

June 30, 2013

Instruction

General Academic Instruction


Other College of Arts and Sciences

Strengthening Math Skills MidSouth 36,223.11$ 2,683.20$ 33,539.91$

Gifts Special Projects Arts Sciences 1,815.53$ 1,815.53$

Gifts Arts and Sciences 694.34 694.34

Gifts International Relations Program 506.68 506.68

UTeach Memphis Technical Assistance 100,000.00 100,000.00

UTeach Memphis 288,372.52 21,360.92 267,011.60

Total 3,016.55$ 424,595.63$ 24,044.12$ 400,551.51$ 3,016.55$

Anthropology

Gifts Anthropology 600.70$ 600.70$

Total 600.70$ 600.70$

Biology

Chair Molecular Biology 176,623.00$ 176,623.00$

Herbarium Acquisition 75.98$ 75.98$

Gifts Biology 7,556.21 7,556.21

Gifts Microbiology Lab Manuals 1,632.00 1,632.00

Gifts Biology Ecology Laboratory 1,163.45 1,163.45

Gifts Ecological Research Center 2,023.40 303.44 1,719.96

Gifts Microbiology Laboratory 1,218.25 1,218.25

Gifts Biology Laboratory 10,440.02 10,440.02

Gifts Bio Genetics 6,445.84 6,445.84

Total 30,555.15$ 176,623.00$ 176,926.44$ 30,251.71$

Chemistry

Gifts Chemistry 646.48$ 578.62$ 67.86$

Gifts Project Seed 2,410.19 3,000.00$ 4,338.98 1,071.21

Total 3,056.67$ 3,000.00$ 4,917.60$ 1,139.07$

English

Chair English 8,805.61$ 8,805.61$

Gifts English 369.96$ 369.96$

Total 369.96$ 8,805.61$ 8,805.61$ 369.96$

Foreign Languages

Gifts Foreign Languages 12,194.71$ 649.61$ 11,545.10$

Total 12,194.71$ 649.61$ 11,545.10$

Earth Sciences

Gifts Geography 1,613.25$ 1,613.25$

Gifts Geology 5,726.85 5,726.85

Mississippi Valley Research 170.45 170.45

Total 7,510.55$ 7,510.55$


SCHEDULE OF CHANGES IN FUND BALANCES - CURRENT RESTRICTED FUNDS


Additions Deductions

68

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Instruction (continued)

History

Gifts History 10,733.38$ 10,733.38$

Gifts Oral History Binding 2,178.83 2,178.83

Total 12,912.21$ 12,912.21$

Mathematics

Chair Mathematics 84,172.36$ 84,172.36$

Gifts Mathematics 10,143.90$ 10,143.90$

Total 10,143.90$ 84,172.36$ 84,172.36$ 10,143.90$

Philosophy

Chair Philosophy 64,989.89$ 64,989.89$

Gifts Philosophy 121.95$ 121.95$

Total 121.95$ 64,989.89$ 64,989.89$ 121.95$

Physics

Gifts Physics 2,695.09$ 630.02$ 2,065.07$

Total 2,695.09$ 630.02$ 2,065.07$

Political Science

Gifts Political Science 1,709.90$ 1,709.90$

Total 1,709.90$ 1,709.90$

Psychology

Chair Psychology 76,839.89$ 76,839.89$

Gifts Neuropsychology Training Prog 516.82$ 516.82$

Gifts Psychology 1,477.43 1,477.43

Total 1,994.25$ 76,839.89$ 76,839.89$ 1,994.25$

Interdisciplinary Studies

Bornblum Judaic Studies 16,341.76$ 16,341.76$

International Studies Fund 167,904.67 167,904.67

Gifts Bornblum Judaic Studies 8,229.59$ 8,229.59$

Total 8,229.59$ 184,246.43$ 184,246.43$ 8,229.59$

School of Urban Affairs and Public Policy

American Humanics 31,492.78$ 31,492.78$

Total 31,492.78$ 31,492.78$

Public Administration

American Humanics (302.93)$ (302.93)$

Gifts Connect Letter 15.77$ 15.77$

Gifts Public Administration 3,840.24 3,840.24

Total 3,856.01$ (302.93)$ (302.93)$ 3,856.01$

Regional Economic Development Ctr

Gifts Urban and Regional Planning 339.53$ 339.53$

Total 339.53$ 339.53$

69

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Social Work

Gifts Social Work 130.00$ 130.00$

Total 130.00$ 130.00$

Total College of Arts and Sciences 99,436.72$ 643,031.91$ 411,430.75$ 24,044.12$ 1,033,919.21$ 95,936.05$

Fogelman College of Bus and Economics

Other College of Business Economics

Chair Sales and Marketing 140,961.72$ 140,961.72$

Chair International Business 50,770.88 50,770.88

Chair Sparks International 3,669.36 3,669.36

SunTrust Scholars Recruitment 2,756.00$ 2,756.00

Fogelman Dean 254.98$ a 254.98

Fogelman Assets 1,118,530.74$ 14,322.83 a,b,c 1,132,853.57$

Gifts College of Business 122,049.65 258.51 b 122,308.16

Gifts Executive MBA 9,983.12 9,983.12

Gifts International MBA 412.50 412.50

Total 1,250,976.01$ 2,756.00$ 195,401.96$ 14,836.32$ 198,412.94$ 1,265,557.35$

School of Accountancy

Chair Accounting A A 89,780.22$ 89,780.22$

Chair Accounting Thompson Hill 131,409.16 131,409.16

Total 221,189.38$ 221,189.38$

Economics

Chair International Economics 97,047.43$ 97,047.43$

Smart Tennessee 66,009.91$ 8,610.00$ 57,399.91

Total 66,009.91$ 97,047.43$ 8,610.00$ 154,447.34$

Finance Insurance Real Estate

Tilson Endow Real Estate 363.45$ 277.88$ b 641.33$

Chair Real Estate 136,510.09$ 136,510.09$

Chair Finance 90,604.84 90,604.84

Gifts Board of Realtors 278.06 278.06

Gifts Finance 2,405.99 2,405.99

Gifts Insurance Real Estate 1,231.36 1,231.36

Gifts Inst for Study of Sec Mkt 31.67 31.67

Total 4,310.53$ 227,114.93$ 277.88$ 227,114.93$ 4,588.41$

Management

Chair Free Enterprise 88,445.43$ 88,445.43$

MILE Program Copying 915.98$ 915.98

Gifts Management Department 4,806.35$ 4,806.35$

Gifts Management Department 0.59 0.59

Total 4,806.94$ 915.98$ 88,445.43$ 89,361.41$ 4,806.94$

70

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Marketing Supply Management

Gifts Marketing 2,551.28$ 2,551.28$

Gifts Decision Sciences 8.34 8.34

Total 2,559.62$ 2,559.62$

Management Information Systems

Chair Management Info Systems 186,165.79$ 186,165.79$

Gifts Management Info Systems 5,205.27$ 5,205.27$

Total 5,205.27$ 186,165.79$ 186,165.79$ 5,205.27$

FCBE Academic Program

Ctr for Prof Career Development 45,511.51$ 45,511.51$

InterContinental Hotel Group Fund 25,353.74 25,353.74

Total 70,865.25$ 70,865.25$

Total Fogelman College of Bus and Economics 1,267,858.37$ 140,547.14$ 1,015,364.92$ 15,114.20$ 8,610.00$ 1,147,557.04$ 1,282,717.59$


Other College of Education

Chair Education 56,879.37$ 56,879.37$

Ready 2 Teach 20,850.36$ 20,850.36$

Ready 2 Teach 19,423.72 19,423.72$

Louise and Robert McRae Prof 41,544.73 41,544.73

Martin Inst for Teaching Excellence 16,852.04 16,852.04

Award Lipman Distinguished Teaching 411.74$ 411.74

Gifts Teaching Masters 2,144.37 2,144.37

Gifts Colg of Education Alumni Fund 1,800.86 1,800.86

Gifts Education 1,850.77 397.13 1,453.64

Total 6,207.74$ 98,670.85$ 56,879.37$ 19,423.72$ 115,673.27$ 26,660.97$

Leadership

Leadership Jackson Madison County 296,250.00$ 14,057.73$ 93,717.97$ 188,474.30$

Leadership Prog Shelby Co Schools 163,364.53 14,244.66 94,964.20 54,155.67

Memphis Leadership Fayette County 13,043.99 3,859.19 9,184.80

Mphs Ldrshp Fellows Prog Shelby Co 337,547.49 12,468.10 83,120.61 241,958.78

Mphs Ldrshp Fellows Prog Fayette Co 26,212.05 26,212.05

Mphs Ldrshp Fellows Prog Shelby Co 75,142.11 75,142.11

Mphs Ldrshp Fellows Prog Shelby Co 8,031.47 8,031.47

Leadership Prog Lauderdale Co Sch 21,784.84 21,784.84

Leadership Prog Tipton Co Sch 48,314.04 48,314.04

Leadership Prog Shelby Co Sch 43,631.94 43,631.94

New Leaders for New Schools 5,062.13 4,967.09 95.04

Gifts EDAS Incentive 1,293.90$ 1,293.90

Total 1,293.90$ 1,038,384.59$ 44,629.68$ 285,954.67$ 709,094.14$

71

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Counsel Education Psych Research

Tiger LIFE 16,382.62$ 507.30$ 15,875.32$

Rehabilitation Counselor Trng Prog 91,107.50 91,107.50

Rehabilitation Counselor Trng Prog 8,336.97 617.55 7,719.42

Rehabilitation Counselor Trng Prog 17,400.60 (11.55) 17,412.15

Rehabilitation Counselor Trng Prog 13,831.39 2,133.03 11,698.36

Learning to Decrease Dependency (5,611.94) (731.99) (4,879.95)

Gifts Guidance and Personnel 8,249.87$ 215.49 8,034.38$

Total 8,249.87$ 141,447.14$ 2,514.34$ 139,148.29$ 8,034.38$

Instruction Curriculum Leader

Common Core in Algebra Classroom 30,399.86$ 2,251.85$ 28,148.01$

BASE TN Lambuth 47,896.94 3,548.04 44,348.90

Special Educ Inst Early Educ 11,132.76 824.56 10,308.20

Special Education Institute 2013 251,701.94 18,644.57 233,057.37

BASE TN Memphis 2012 267,988.78 19,851.09 248,137.69

Water Water Everywhere 85,753.76 6,352.26 79,401.50

Speech Language Licensure 63,336.88 4,691.60 58,645.28

TLINC 12,500.00 3,085.00 9,415.00

BASE TN Lambuth (1,090.28) (80.78) (1,009.50)

UM SOS Participant Support 89,825.35 89,825.35

UM School Librarian SOS Program 33,203.97 11,782.05 21,421.92

Special Education Institute 2010 (0.01) (0.01)

BASE TN 2010 (17,623.96) (1,305.46) (16,318.50)

Basic Aerospace Education Workshop 20,188.50 20,188.50

Advanced Aerospace Educ Workshop 504.03 504.03

Basic Aerospace Education Workshop 3,382.46 3,382.46

Mobiles Math Inquiry and Data 140,438.09 10,402.85 130,035.24

UMF Support Noyce Fellow Program 20,000.00 20,000.00

Gifts Curriculum and Instruction 10.09$ 10.09$

Gifts Special Education 211.15 211.15

A Mphs Math and Science Tchr Induc 244,349.24 244,349.24

Total 221.24$ 1,303,888.31$ 80,047.62$ 1,223,840.69$ 221.24$

Health Sport Sciences

Gifts Health Sports Sciences 7,792.66$ 7,792.66$

Gifts H and SS Alumni 0.79 0.79

Gifts Parks and Recreation Majors 0.96 0.96

Total 7,794.41$ 7,794.41$

Total College of Education 23,767.16$ 2,582,390.89$ 56,879.37$ 146,615.36$ 1,764,616.92$ 751,805.14$


Other Herff College of Engineering

R Eugene Smith Engineering Prof 13,449.96$ 13,449.96$

FEL Herff Engineering 255,000.00 255,000.00

Gifts College of Engineering 731.34$ 731.34$

Total 731.34$ 268,449.96$ 268,449.96$ 731.34$

72

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Biomedical Engineering

Chair Biomed I 89,553.20$ 89,553.20$

Chair Biomed II 3,535.08 3,535.08

ENGAGE Spatial Skills Mini Grant 1,923.84$ 1,923.84

Total 1,923.84$ 93,088.28$ 95,012.12$

Civil Engineering

Leadership Prog Lauderdale Co Sch 2,588.43$ 297.00$ 1,980.00$ 311.43$

Gifts Pickering Firm 1,396.49$ 1,396.49

Total 1,396.49$ 2,588.43$ 297.00$ 1,980.00$ 1,707.92$

Electrical Computer Engineering

Gifts Electrical Engineering 138.79$ 138.79$

Total 138.79$ 138.79$

Engineering Technology

Gifts Engineering Technology 3,459.69$ 1,471.74$ 1,987.95$

Total 3,459.69$ 1,471.74$ 1,987.95$

Mechanical Engineering

UMF Mechanical Engr Gift 2,607.27$ 2,607.27$

Gifts Mechanical Engineering 65.85$ 65.85$

Total 65.85$ 2,607.27$ 2,607.27$ 65.85$

Total Herff College of Engineering 5,792.16$ 275,569.50$ 93,088.28$ 297.00$ 369,521.09$ 4,631.85$

College of Communication Fine Arts

Other College Communication Fine Arts

Gifts Ardent Records 7,540.39$ 15.97$ b 3,000.00$ 4,556.36$

Gifts Communication and Fine Arts 2,503.05 2,503.05

Total 10,043.44$ 15.97$ 3,000.00$ 7,059.41$

Art

Chair Art History 64,429.22$ 64,429.22$

Total 64,429.22$ 64,429.22$

Communication

Gifts Radio and TV Film Fund 305.00$ 305.00$

Total 305.00$ 305.00$

Journalism

Chair Journalism 59,921.20$ 59,921.20$

Readers Digest Travel 2,601.06$ 2,601.06$

William Hearst Merit Grant 2,235.50 2,235.50

Journalism Alum Enhancement Fund 705.00 705.00

Gifts Journalism 666.09 666.09

Total 6,207.65$ 59,921.20$ 59,921.20$ 6,207.65$

73

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






School of Music

Artist Diploma in Violin 11,999.88$ 11,999.88$

Gifts Suzuki Program 50.00$ 50.00$

Gifts Sound Fuzion 200.00 200.00

Gifts Band 625.00 625.00

Total 875.00$ 11,999.88$ 11,999.88$ 875.00$

Total College of Communication and Fine Arts 17,431.09$ 11,999.88$ 124,350.42$ 15.97$ 139,350.30$ 14,447.06$

Cecil C Humpreys School of Law

Chair Herff Law 128,301.23$ 128,301.23$

Gifts Black Law Sch Student Assoc 425.00$ 100.00$ 525.00$

FEL Humphreys Law 61,000.00 61,000.00

Law Review Editor 9,000.00 9,000.00

Gifts Moot Court Fund 136.82 136.82

Gifts Law Review 2,758.49 2,758.49

Total 3,320.31$ 70,100.00$ 128,301.23$ 198,301.23$ 3,420.31$


Chair Nursing 50,142.72$ 50,142.72$

Exec MSN Preparing Hlthcare Ldrs 208,316.68$ 14,787.59$ 193,529.09

Exec MSN Preparing Hlthcare Ldrs 22,236.96 1,647.16 20,589.80

Total 230,553.64$ 50,142.72$ 16,434.75$ 264,261.61$

Enrollment Services - Student Financial Aid

CWSP Instruction 369,776.42$ 369,776.42$

Total 369,776.42$ 369,776.42$

School of Communication Sciences and Disorders

Chair Audiology 57,389.39$ 57,389.39$

Training Personl Participant Costs 206,171.08$ 206,171.08

Training Personl to Provide Service 101,518.30 7,483.37$ 94,034.93

Gifts Comm Sci and Disorders 125.00$ 125.00$

Total 125.00$ 307,689.38$ 57,389.39$ 7,483.37$ 357,595.40$ 125.00$

University College

Gifts Family and Consumer Science 2,607.23$ 2,607.23$

Total 2,607.23$ 2,607.23$

School of Public Health

Health Administration

Methodist Healthcare 50,911.19$ 50,911.19$

Gifts Health Svcs Administration 526.83$ 526.83$

Total 526.83$ 50,911.19$ 50,911.19$ 526.83$

Public Health

UMF Support Sch of Public Health 39,429.86$ 39,429.86$

Total 39,429.86$ 39,429.86$

74

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Social and Behavioral Sciences

True Blue Choices 505.94$ 500.00$ 5.94$

Total 505.94$ 500.00$ 5.94$

Total School of Public Health 526.83$ 90,846.99$ 90,841.05$ 532.77$

Undergraduate Programs

Gifts University Honors Program 1,460.88$ 1,460.88$

Gifts International Programs 278.89 278.89

Total 1,739.77$ 1,739.77$

Assistant Vice President Physical Plant

Green Campus Program 21,252.69$ 21,252.69$

Total 21,252.69$ 21,252.69$

Vice President Advancement

Morrie A Moss Trust 226,935.40$ 480.67$ b 227,416.07$

Total 226,935.40$ 480.67$ 227,416.07$

Scholarships

Award Joe A Moore 3,492.62$ 1,000.00$ 2,492.62$

Total 3,492.62$ 1,000.00$ 2,492.62$

Total General Academic Instruction 1,653,032.66$ 4,743,758.44$ 1,936,947.08$ 15,610.84$ 203,484.60$ 5,757,992.96$ 2,387,871.46$

Community Education


CWTC Conference Fees 2012 3,933.34$ (382.43)$ 4,315.77$

Child Welfare Training Center 2012 (5,897.33) (769.22) (5,128.11)

Child Welfare Training Center 2011 (0.30) 0.30

Total (1,963.99)$ (1,151.95)$ (812.04)$


Smart Tennessee (2,524.48)$ (2,524.48)$

Total (2,524.48)$ (2,524.48)$


ESRI Training in FIT 1,363.12$ 1,363.12$

Total 1,363.12$ 1,363.12$

Extended Programs

Gifts Continuing Ed Spec Prog 58.47$ 58.47$

Total 58.47$ 58.47$

Total Community Education 1,421.59$ (4,488.47)$ 211.17$ (3,336.52)$ 58.47$

75

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Preparatory and Remedial Instruction

Student Supp Srvc STEM Stipends 33,852.00$ 33,852.00$

Student Support Services STEM 81,698.58 6,051.66$ 75,646.92

Student Support Services Program 141,365.07 10,471.50 130,893.57

First Scholar Fund 89,335.14 8,121.39 81,213.75

First Scholar Fund 52.50 52.50

Gifts Education Support 58.90$ 58.90$

Total 58.90$ 346,303.29$ 24,644.55$ 321,658.74$ 58.90$

Total Instruction 1,654,513.15$ 5,085,573.26$ 1,936,947.08$ 15,610.84$ 228,340.32$ 6,076,315.18$ 2,387,988.83$

Research

Institutes and Research Centers

Government Affairs

West Tennessee Seismic Study 67,480.10$ 65,000.00$ d 53,371.04$ 79,109.06$

Total 67,480.10$ 65,000.00$ 53,371.04$ 79,109.06$

FedEx Institute of Technology

Gifts FedEx Emerging Technology 134.46$ 134.46$

Total 134.46$ 134.46$


Biology

Ecological Assessment Shelby Farms 621.00$ 81.00$ 540.00$

Total 621.00$ 81.00$ 540.00$

English

Teachers Gaining Expertise Together 67,509.54$ 2,911.70$ 64,597.84$

Total 67,509.54$ 2,911.70$ 64,597.84$

Psychology

COE Psychology 147,162.46$ 853,000.00$ d 569,918.15$ 430,244.31$

Gifts Inst for Intelligent Systems 532.06 532.06

Gifts Applied Psychology 1,792.24 1,792.24

Nonrecurring Op Restor SFSF Psych 400.03 400.03

MOE COE Psychology 2,100.67 2,100.67

Total 151,987.46$ 853,000.00$ 572,418.85$ 432,568.61$

Center for Earthquake Research and Information

COE Earthquake 1.12$ 977,100.00$ d 970,793.56$ 6,307.56$

Geodynamics and Ice Sheets Suppl 47,456.45$ 11,060.70$ 36,395.75

Geodynamics and Ice Sheets 57,514.40 13,932.71 43,581.69

SMARRT 0.01 0.01

UMB Seismic Observations 997.18 997.18

Disaster Preparedness and Planning 1,730.10 1,730.10

Gifts Earthquake 249.76 249.76

Nonrecurring Op Restor SFSF Earthq 82.78 82.78

Total 333.66$ 107,698.14$ 977,100.00$ 25,990.59$ 1,052,583.88$ 6,557.33$

76

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Research (continued)


Publications Income for CROW 1,508.18$ 1,508.18$

Gifts Women Studies 1,000.00 1,000.00

Gifts Ctr for Research on Women 1,790.44 1,790.44

Total 4,298.62$ 4,298.62$


Gifts SUAPP 15.90$ 15.90$

Total 15.90$ 15.90$

Total College of Arts and Sciences 156,635.64$ 175,828.68$ 1,830,100.00$ 28,983.29$ 1,690,140.57$ 443,440.46$

Fogelman College of Business Economics

Other Fogelman College of Business Economics

FIT Supply Chain Management 161.70$ 161.70$

FedEx Center for Sply Chain Mgmt I 107,794.52$ 107,794.52$

Total 107,794.52$ 161.70$ 161.70$ 107,794.52$


Gifts Ctr for Innovative Tech Mgmt 100.00$ 100.00$

Total 100.00$ 100.00$


FIT Systems Testing Excellence 27,570.86$ 27,570.86$

Total 27,570.86$ 27,570.86$

Bureau Business Economic Research

Gifts BBER 6.50$ 6.50$

Total 6.50$ 6.50$

Total Fogelman College of Business and Economics 107,901.02$ 27,732.56$ 27,732.56$ 107,901.02$


Center Higher Education

Gifts Center Higher Education 503.22$ 503.22$

Total 503.22$ 503.22$

Center Research Education Policy

COE Education Policy 41,146.83$ 394,500.00$ d 336,671.40$ 98,975.43$

Eval School Counseling Demo Prog 21,437.78$ 2,796.26$ 18,641.52

VA 21st CCLC Evaluation 2013 46,037.17 3,410.15 42,627.02

Virginia SES Evaluation 2012 26,721.85 1,979.38 24,742.47

Eval School Counseling Demo Prog 24,102.09 3,143.75 20,958.34

Alabama SES Evaluation 759.83 69.06 690.77

VA 21st Century Comm Learning 2012 15,640.88 911.86 14,729.02

Smithsonian STEAM Education 11,982.66 612.45 11,370.21

Alabama SES Evaluation 4,034.73 4,034.73

Tennessee Service Learning 11,171.32 6,051.07 11,048.40 6,173.99

77

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






PBS Teaching Climate Change Project 6,504.98$ 848.49$ 5,656.49$

Illinois SES Evaluation ISBE 166,585.98 21,728.59 144,857.39

Dyersburg State Evaluation 3,046.64 397.36 2,649.28

No Child Left Behind 2011 33,299.51 1,876.19 31,423.32

Ready 2 Teach 37,895.21 37,895.21

Ready 2 Teach 1,345.00 1,345.00

SCS Teacher Coaching Models 2,338.04 304.95 2,033.09

Pulaski FEPSI 2013 35,648.06 3,759.49 25,063.35 6,825.22$

Shelby County Schools Race to Top 76,145.97 9,485.68 63,237.97 3,422.32

Shelby Co Schls Arts Infusion Proj 120.75 15.75 105.00

Northwest Independent School Dist 0.01 0.01

LLI Urban Study 305,362.96$ 251,255.00 12,859.25 85,727.97 458,030.74

LLI Urban Study 614.81 80.20 534.61

Nonrecurring Op Restor SFSF Edu 95.46 95.46

MOE COE Education 1.06 1.06

Support High Standards in Sci ED 1,034,830.67 223,388.10 811,442.57

Total 374,409.83$ 1,789,766.49$ 394,500.00$ 298,715.37$ 1,692,707.24$ 567,253.71$

Total College of Education 374,913.05$ 1,789,766.49$ 394,500.00$ 298,715.37$ 1,692,707.24$ 567,756.93$



MRC BME Workforce Development 175,664.18$ 175,664.18$

Total 175,664.18$ 175,664.18$

Civil Engineering

Ground Water Institute MLGW 247,425.58$ 32,272.82$ 215,152.76$

Ground Water Institute Millington 6,124.04$ 5,000.00 553.72 3,691.45 6,878.87$

GWI Support City of Bartlett 27,694.95 16,100.00 1,163.07 7,753.80 34,878.08

Ground Water Institute Collierville 6,388.03 9,500.00 1,124.30 7,495.63 7,268.10

Ground Water Institute Germantown 13,257.35 16,100.00 3,134.35 20,895.57 5,327.43

GWI MLGW 78.97 10.30 68.67

Total 53,464.37$ 294,204.55$ 38,258.56$ 255,057.88$ 54,352.48$

Total Herff College of Engineering 53,464.37$ 469,868.73$ 38,258.56$ 430,722.06$ 54,352.48$


Other College of Communication Fine Arts

UMRF Center for Multimedia Arts 39,008.95$ 5,479.43$ 33,529.52$

Total 39,008.95$ 5,479.43$ 33,529.52$

Art

COE Egyptian Art 164,400.00$ d 147,045.94$ 17,354.06$

Solar Barque Project 15,000.00$ 15,000.00

Gifts Hypostyle Hall 5,183.54$ 5,183.54

Total 5,183.54$ 15,000.00$ 164,400.00$ 167,229.48$ 17,354.06$

78

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Architecture

PAVE Grant for Interior Design 1,560.00$ 1,560.00$

Total 1,560.00$ 1,560.00$

Total College of Communication Fine Arts 5,183.54$ 55,568.95$ 164,400.00$ 5,479.43$ 202,319.00$ 17,354.06$


COE Communicative Impaired

COE CRISCI 54,952.54$ 393,500.00$ d 361,843.59$ 86,608.95$

Evoked Response 1,739.50$ 1,739.50

MOE COE CRISCI 0.30 0.30

Total 54,952.84$ 1,739.50$ 393,500.00$ 363,583.39$ 86,608.95$


Center for Community Health

The Memphis Alliance 67,020.34$ 67,020.34$

Gifts Center for Community Health 74,709.07 11,101.47$ 63,607.60

Total 141,729.41$ 11,101.47$ 130,627.94$

Total Institutes and Research Centers 962,394.43$ 2,520,504.91$ 2,847,500.00$ 371,436.65$ 4,471,811.79$ 1,487,150.90$

Individual and Project Research



Memphis Center for Entrepreneurship 101,233.04$ 29,436.59$ 71,796.45$

Total 101,233.04$ 29,436.59$ 71,796.45$



Freeman Scholars 16,360.56$ 16,360.56$

UTeach Support Fund 116,540.20 116,540.20

Gifts Environ Rsrch Issues Group 3,057.19$ 3,057.19$

Total 3,057.19$ 132,900.76$ 132,900.76$ 3,057.19$

Anthropology

South Memphis Farmers Market Eval 4,071.87$ 370.21$ 3,701.66$

Family Safety Center Evaluation 12,732.12 3,702.25 9,029.87

Total 16,803.99$ 4,072.46$ 12,731.53$

Biology

Aerial Survey of White Tailed Deer 18,587.10$ 3,097.82$ 15,489.28$

Deer Check Stations 2,000.00 475.48 1,524.52

NSF Graduate Research Fellowships 32,810.00 32,810.00

Molecular Cellular Physiolgcl Clock 130,666.71 28,168.79 102,497.92

Deer Check Stations 1,610.17 210.04 1,400.13

Aerial Survey of White Tailed Deer 86.14$ 86.14

Cooperatively Breeding FL Scrub Jay 7,052.43 7,052.43

Research Between USGS and UoM 12,212.99 3,551.31 8,661.68

Cellular Determinants 326,175.99 95,085.95 231,090.04

79

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Molecular Mechanisms YR2 122,729.29$ 35,782.65$ 86,946.64$

Influences Environmental Manipulatn 81,171.52 16,749.67 64,421.85

Assmnt of Forested Hab Shelby Farms (174.25) (174.25)

Learned Anti Predator Behavior 225.00 225.00

River Study 9,773.14 2,841.83 6,931.31

Molecular Mech of Circadian Amplitu 13,286.40 13,286.40

MRC Stem Cell Biologist Start UP 135,210.76 135,210.76

Long Term Effects of Corticosterone 1,680.07 670.39 1,009.68$

Mechanism Skin Responses to PCBs 92,021.32 18,404.31 73,617.01

Acquisition of Illumina MiSequencer 173,648.70 173,648.70

River Study 5,111.89 1,473.88 3,638.01

US Ecological Aquaponics Sky Farms (694.46) (90.58) (603.88)

Ladybug Genome Project 42,708.33 42,708.33

Shelby Farms Inventory Mgmt Plan 11,094.01 1,447.04 9,646.97

Gifts Feinstone Microbiology 252.64$ 252.64

A Basis of Circadian Behavior 130,909.94 38,065.97 92,843.97

Total 338.78$ 1,349,817.05$ 245,089.91$ 1,103,803.60$ 1,262.32$

Chemistry

Modeling of Polymer Gene Delivery 12,826.27$ 3,729.62$ 9,096.65$

UTHSC Ligand Manuscripts 5,000.00 1,454.98 3,545.02

REU Chemistry 2012-2015 Main 6,569.76 6,569.76

REU Chemistry 2012-2015 Stipend 37,500.00 7,500.00 30,000.00

Tennessee Solar Conversion Storage 33,553.83 9,756.79 23,797.04



CAREER Phosphoryl Transfer Enzymes 85,914.18 21,677.41 64,236.77

Dynamics Mechanism and Linkage 39,770.54 9,344.98 30,425.56

REU Collaborative Research in Chem 8,502.45 8,502.45

Chromatographic Separation Systems (202.54) (57.35) (145.19)

Online Analyzers for Trihalomethane 863.81 863.81

Auto Flash Chromatography 21,012.00 21,012.00

ATX Inhibitors Diversification 7,458.82 7,458.82

Water Soluble GPCR 12,121.00 12,121.00

THM HAA Analyzer Add On Tools 2012 75,000.00 75,000.00

Analysis in Geranium Plants Oils 45,964.40 11,866.57 34,097.83

Hydrogen Catalyst 54,964.46 54,964.46

Analysis of Geranium Products 3,883.73 1,050.22 2,561.52 271.99$

HAAS and THMS in Water Disinfection 15,635.57 3,047.54 12,588.03

Raman Detection of Tumor Cells 1,431.18 1,431.18

Optical Detection of Tumor Cells 1,262.36 1,262.36

Chemistry Corporate Engagement 461.51 461.51

Develop Post Column HPLC Instrument (0.28) (0.08) (0.20)

The Ciba Fund 32,711.61 32,711.61

Catalysts Nano Capsules 2,363.15 2,363.15

Rational Drug Design 13,116.46 13,116.46

Non-Viral based Gene Del Vectors 10,754.28 9,386.41 1,367.87

Computational Screening of Molecule 988.41 211.39 535.15 241.87

Total 666,783.29$ 107,786.98$ 557,114.58$ 1,881.73$

80

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Earth Sciences

Doctoral Dissertation Ryan Parrish 7,073.75$ 2,056.91$ 5,016.84$

Investigate Paleo Earthquakes Ark 47,384.43 10,780.51 36,603.92

Geologic Map Locke Quadrangle TN 8,984.13 1,370.48 7,613.65

Large Earthquake Seismology East TN 9,130.38 1,884.04 7,246.34


Emergency Habitat Expansion 12,780.37 1,903.46 10,876.91

PhaseII Compatibility Freight Facility 36,966.66 10,749.17 26,217.49

Water Quality Assessment 392.84 51.24 341.60

Ground Water Age Dating 10,666.85 1,391.35 9,275.50

Ground Water Age Dating 2,522.00$ (2,522.00)

Grndwtr Quality Shelby Co Landfill 705.61 91.60 614.01

Discover Native American Village 4,145.99 4,145.99

Developing Cultural Interpretations 481.23 481.23

Gifts P O T S 358.22 358.22$

Total 2,880.22$ 141,190.24$ 30,278.76$ 113,433.48$ 358.22$

History

The Karnak Hypostyle Hall Project 46,158.14$ 8,844.74$ 37,313.40$

Onstine Research History Dept 10,000.00 10,000.00

Total 56,158.14$ 8,844.74$ 47,313.40$

Mathematics

Supporting a New Generation 88,958.80$ 88,958.80$

Multiresolution Fractal Modeling 20,060.60 5,833.23$ 14,227.37

Common IED Exploitation Target Set 9,261.35 2,693.02 6,568.33

Geometry Banach Spaces and Appl 15,568.19 4,526.92 11,041.27

Combinatorics Conf 2012 Part Costs 1,894.45 1,894.45

Combinatorics Conference 2012 6.99 2.03 4.96

Securing Fndn Algebra Pyramid 46,240.36 2,454.67 43,785.69

DARPA Physical Inelligence Program 71,011.96 20,648.87 50,363.09

Convergence Questions Ergodic Theory 40,402.67 11,748.30 28,654.37

Single and Multiple Averages 1,323.86 374.86 949.00

Differential Equations Weekends 2,095.70 2,095.70

FIT CLION 9,588.90 9,588.90

First TN EIF Kozma 7,133.33 7,133.33

Inquiry Based Learning 4,000.00 4,000.00

AS Extremal and Probabilistic Graph 4,498.73 1,308.14 3,190.59

Total 322,045.89$ 49,590.04$ 272,455.85$

Computer Science

SHB Type 1 Easy Share 1,742.27$ 506.62$ 1,235.65$

Predicting Smoking Abstinence 85,663.16 24,909.05 60,754.11

Negative Authentication Systems 505,127.72 81,570.31 423,557.41

Named Data Networking Supp I 8,018.75 1,603.75 6,415.00

Year 3 Carryforward 1,677.75 1,677.75

AutoSense Carryforward 4,874.45 566.73 4,307.72

Named Data Networking 195,382.28 52,518.75 142,863.53

AutoSense Supplement 57.06 16.59 40.47

81

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Deep Tutor An Intelligent Tutor Sys 430,691.36$ 118,285.55$ 312,405.81$

Towards a Scalable Adaptive Appl 63,140.02 15,589.62 47,550.40

Scaling NDN Routing Thru Name Mpng 16,617.15 791.29 15,825.86

A Real Time Demonstration System 19,673.51 19,673.51

Clustering Analysis Knee Implants 51,686.20 15,029.34 36,656.86

Network Data Services Exposure 289,229.58 71,421.00 217,808.58

Total 1,673,581.26$ 382,808.60$ 1,290,772.66$

Philosophy

Bornblum Scholars 19,450.00$ 19,450.00$

Total 19,450.00$ 19,450.00$

Physics

Aerogel Based Nanomaterials 29,494.74$ 29,494.74$

CRESH 2013 3,786.22 1,100.95$ 2,685.27



Grain Refined Nanocomposites 4,062.36$ 63,746.66 14,001.40 53,807.62

Nitride Based Magnetic Nanocomp 11,304.29 613.24 10,691.05

Carbon Centered Radicals 12,490.09 2,492.05 9,998.04

Compositional Heterogeneities 29,334.77 6,856.51 22,478.26

MemphiSTEP Participant Support 15,535.00 15,535.00

MemphiSTEP 242,267.78 68,599.25 173,668.53

Solar B XRT 43,152.56 12,218.82 30,933.74

Dielectric Measurement Research 18,735.38 18,735.38

UTeach Support Fund 132.75 132.75

Prototype Project Physics 2,446.19 2,446.19

ESR Measurements of Free Radicals 14,989.80 3,886.26 11,103.54

Neuronal Printed Circuit Board 5,224.89 5,224.89

Compositional and Morphological (3,382.64) 3,382.64

Total 4,062.36$ 579,258.81$ 131,572.55$ 451,748.62$

Political Science

Center for Urban Child Policy 270,313.35$ 270,313.35$

Total 270,313.35$ 270,313.35$

Psychology

Est Geographic Info 50,338.17$ 14,637.35$ 35,700.82$

Study of Adult Literacy CSAL 272,724.00 76,156.62 196,567.38

Beyond Boredom Promoting Engagemnt 38,404.56 11,167.29 27,237.27

Improving Brf Alcohol Interventions 298,576.94 53,106.86 245,470.08

GAMETE 28,589.32 8,313.18 20,276.14

Gen Intell Framework Part Costs 37,138.04 37,138.04

Gen Intell Framework Tutors 191,546.86 54,104.85 137,442.01

Shareable Knowledge Objects 136,107.48 38,078.36 98,029.12

Test Genetic Breast Cancer Risk 3,102.00 902.00 2,200.00

WINCS Based Intraoperative 20,921.25 6,083.49 14,837.76

Modeling Discourse and Social Dynam 170,861.85 45,186.28 125,675.57

Inducing Tracking and Regulating 80,017.43 18,770.57 61,246.86

82

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






AutoMentor Virtual Mentoring Asses 199,785.91$ 53,539.84$ 146,246.07$

Appl of ITS to Improve Skill Levels 410,985.39 98,055.69 312,929.70

Cerebellar Modulation Front Cortex 214,142.76 27,071.43 187,071.33

Psychostimulant Addiction Risk 33,144.66 9,637.82 23,506.84

Dynamics in Human Interaction 71,859.96 15,050.80 56,809.16

ARIES for Scientific Inquiry 20,396.51 5,775.35 14,621.16

Comorbid PTSD and Alcohol Abuse 48,809.84 2,660.91 46,148.93

TN Travel Model Users Group (12.72) 29.68 (42.40)

Maintaining Coh Metrix 1,250.00 1,250.00

Study of Striatal Dopamine Release 17,568.75 17,568.75

AS Lang Charac Clinical Encounters 36,804.80 7,241.18 29,563.62

Total 2,383,063.76$ 545,569.55$ 1,837,494.21$

Institute For Intelligent Systems

Dynamics Metacognition 18,383.89$ 5,345.67$ 13,038.22$

Tuning Hearing Instruments 29,213.14 8,494.59 20,718.55

Guru A Computer Tutor 65,927.15 65,927.15

Total 113,524.18$ 13,840.26$ 99,683.92$

Sociology

Corp Govern in Chinese Cap Mkts 36,899.99$ 7,731.84$ 29,168.15$

Total 36,899.99$ 7,731.84$ 29,168.15$


Develpng GMEPs for East N America 4,948.39$ 1,291.32$ 3,657.07$

GPS Array for Mid America 2,361.24 686.60 1,674.64

Earthquake Zn Nicaragua Costa Rica 9,060.10 1,692.08 7,368.02

Paleoliquefaction Studies Mod Seism 2,837.50 804.64 1,962.54 70.32$

Operation Mid America 9,608.91 1,982.79 7,626.12

Operation Seismic Network 13,967.30 2,882.14 11,085.16

REU Cont Dynamics Southern Andes 3,337.50 667.50 2,670.00

Seismic Hazard from Earthquakes AR 39,529.16 6,690.70 32,838.46

Updating Expanding Seismic Maps 67,634.74 17,023.07 50,611.67

Improve Atten and Models Earthscope 40,180.99 9,040.07 31,140.92

Integrate USArray New Madrid Data (1,096.68) (318.89) (777.79)

Imaging Shallow Crust Structure 24,275.23 7,058.77 17,216.46

Continental Dynamics Southern Andes 105,116.65 30,565.83 74,550.82

NELE 160,541.46 42,006.06 118,535.40

Deformation in the Andaman Islands 105,600.24 30,706.43 74,893.81

GPS Array for Mid America 41,032.58 11,931.45 29,101.13

Deformtn in MS Embymt Phase II 76,915.46 20,333.09 56,582.37

Geophysical Investigation 19,774.00 4,428.00 15,346.00

Complete 12 SLAEHMP Seismic Maps 30,424.63 5,898.07 21,577.79 2,948.77

Operation MidAmerica Seismic Netwk 722,519.47 145,434.38 577,085.09

History of the Meeman Shelby Fault 3,388.05 985.18 2,402.87

High Resolution P and S Wave (87.23) (87.23)

Imaging 3D Seismic Velocity (53.81) (15.24) (38.57)

Seismic Svcs for Nuclear Site Apps 16,774.16 4,749.68 12,024.48

Monitoring of the LA Seismic Netwrk 23,357.63 6,791.93 16,565.70

83

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Probing the Earth Sys in Patagonia 47,365.73$ 13,773.02$ 33,592.71$

Total 1,569,313.40$ 367,001.44$ 1,199,292.87$ 3,019.09$


Pregnancy and Parenting Succ Eval 111,373.63$ 14,526.97$ 96,846.66$

Community Voice Phase 2 57,538.06 7,504.98 50,033.08

Pregnancy Parenting Prog Eval YR2 31,236.80 4,074.34 27,162.46

Community Voice Phase 2 3,249.40 3,249.40

Pregnancy and Parenting Prog Eval 3,979.13 519.03 3,460.10

Community Voice Phase II 986.73 986.73

MRC Faculty Search 4,087.58 4,087.58

Use of NIPSNAPI in Drug Screening 18,292.96 18,292.96

Center Translational Informatics 136,383.25 136,383.25

Girls Incorporated Evaluation 18,159.17 2,368.55 15,790.62

Womens Economic Self Sufficiency 8,417.04 1,097.88 7,319.16

Total 393,703.75$ 34,327.88$ 359,375.87$


Strengthen Communities Initiative (152.60)$ (43.60)$ (109.00)$

Assisi Foundation Poverty Study 5,874.00 5,874.00

UMRF Inst Phil and Nonprofit Ldrshp 609.72 79.54 530.18

Strengthening Communities 76,585.09 76,585.09

Non Profit Rsrch and Development 41,180.79 41,180.79

Total 124,097.00$ 35.94$ 124,061.06$

Public Administration

Housing Asst and Support Srvcs 29,827.27$ 8,673.19$ 21,154.08$

Eval Srvc for Dixie Homes HOPE VI 26,686.24 3,480.81 23,205.43

Lead Hazard Control Eval 10,992.35 1,291.81 8,612.04 1,088.50$

Total 67,505.86$ 13,445.81$ 52,971.55$ 1,088.50$

Criminal Justice

Teen Pregnancy Parenting Success 8,649.15$ 1,128.15$ 7,521.00$

Aerotropolis 12,228.11 1,594.97 10,633.14

Defending Childhood Initiative 67,150.12 8,758.73 58,391.39

Teen Pregnancy Parenting Success 101,193.11 13,199.14 87,993.97

Teen Pregnancy Parenting Success 735.18 95.89 639.29

Truancy Abatement Mentoring Eval 14,790.90$ 2,534.27 12,256.63


Early Success Coalition 22,788.07 3,903.20 18,884.87

Teen Pregnancy Parenting Success 47,395.48 6,182.02 41,213.46

Operation Safe Community Phase II 105,130.41 1,609.30 103,521.11

Oper Safe Community Data Driven 268,722.83 8,672.59 260,050.24

TN Physician Practice Improv Survey 5,055.98 1,106.49 3,949.49

Shelby Co Prisoner Reentry Eval 29,883.65 3,897.87 25,985.78

Gang Research City of Memphis 49,725.81 6,485.98 43,239.83

Safeways MIDT Partnership 69,497.88 9,064.95 60,432.93

Aerotropolis 57,663.34 57,663.34

Drug Court Eval Mentl Hlth Disorder 11,357.14 2,811.14 8,546.00

84

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Annual HMDA Lending Study 12,463.73$ 1,625.70$ 10,838.03$

CBANA 2,446.74 319.14 2,127.60

ARRA Truancy Abatement Mentoring 2,499.56$ 2,499.56

Total 22,346.44$ 887,555.95$ 75,666.72$ 834,235.67$


Safer Routes to Frayser Elementary 13,533.01$ 1,612.94$ 11,920.07$

Strategic Dev Plan Brownsville TN 2,061.35$ 2,061.35

Vance Avenue Plan Initiative 13,271.06 1,731.00 11,540.06

Vance Avenue Data Initiative (1,907.97) 240.00 (2,147.97)

Memphis Music Magnet ArtPlace Plan 5,640.00 1,640.00 4,000.00

S Memphis Implementation Project 8,746.97 3,175.58 5,571.39

Total 2,061.35$ 39,283.07$ 8,399.52$ 32,944.90$

Social Work

Just Care Tennessee Family Network 181,001.26$ 23,608.84$ 157,392.42$

Just Care Tennessee Family Network 79,667.18 10,391.36 69,275.82

Just Care Family Network Evaluation 1,845.45 240.66 1,604.79

Just Care Family Network Evaluation (21.25) (2.77) (18.48)

Total 262,492.64$ 34,238.09$ 228,254.55$

Total Arts and Sciences 34,746.34$ 11,105,742.38$ 2,060,301.09$ 9,069,520.58$ 10,667.05$


College of Business Economics

CIBER 2013 138,433.19$ 9,857.11$ 128,576.08$

CIBER 2012 58,059.49 3,918.85 54,140.64

Total 196,492.68$ 13,775.96$ 182,716.72$


KPMG Distinguished Accounting 6,687.40$ 6,687.40$

Total 6,687.40$ 6,687.40$

Economics

Le Bonheur Nurse Family Partnership 42.31$ 17,531.15$ 2,540.54$ 15,032.92$

Smart Tennessee 104,519.26 104,519.26

Aligning Forces for Quality AF4Q 29,643.17 1,026.32 25,658.16 2,958.69$

Health Care Rsrch Journal Club 1,862.55 1,862.55

Center Healthcare Economics 41,303.28 41,303.28

Total 42.31$ 194,859.41$ 3,566.86$ 188,376.17$ 2,958.69$

Finance Insurance Real Estate

IPA Visit SEC 2013 240,792.67$ 240,792.67$

IPA Visit SEC 2012 28,182.84 28,182.84

Total 268,975.51$ 268,975.51$

Marketing Supply Management

eSol TUCI 1,536.66$ 1,536.66$

Total 1,536.66$ 1,536.66$

85

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013







Development of DoD Scholarships 55,671.25$ 707.55$ 54,963.70$

DoD Scholarship and Capacity Bldg 2,167.92 2,167.92

Professional Development Activities 1,407.92$ 19,000.00 993.36 12,417.04 6,997.52$

Total 1,407.92$ 76,839.17$ 1,700.91$ 69,548.66$ 6,997.52$


Skills Gap and Training 1,365.11$ 353.91$ 1,011.20$

Methodologies Skill Gap Analysis 14,972.12 2,498.90 6,094.91 6,378.31$

BST STEP Testing Research Program 39,495.89 3,907.44 26,049.63 9,538.82

Frank Flautt Jr Support Fund 900.00 900.00

J R Hyde III Entrepreneurship Prog 30,000.00 30,000.00

Total 86,733.12$ 6,760.25$ 64,055.74$ 15,917.13$

Bureau Business Economic Research

Reemployment and Eligibility Assess 19,465.50$ 704.86$ 7,048.59$ 11,712.05$

Customer Service Survey 2013 138,006.12 18,000.82 120,005.30

Workforce Technical Assistance 247,916.23 22,537.90 225,378.33

Reemployment Eligibility Assessment 99,837.44 18,867.32 80,970.12

TN Disability Employment Initiative 28,043.67 2,549.40 25,494.27

Wagner Peyser Act Reporting Proj 57,296.16 5,208.72 52,087.44

Trade Assist Act Report Proj 2012 529.58$ 71,250.00 6,420.12 64,201.80 1,157.66

Customer Service Survey 2012 14,688.58 14,688.58

Reemployment Eligibility Assessment 20,827.59 20,827.59

Brookings Supplemntl Reprt Redbirds 67,575.00 5,859.71 39,064.50 22,650.79

Airport Economic Impact Study 56,399.00 11,814.49 44,584.51

City of Memphis Forecasting 90,999.96 11,869.59 79,130.37

Economic Impact BMHCC 61,007.35 15,816.72 45,190.63

Total 36,045.75$ 937,796.43$ 155,165.82$ 783,155.86$ 35,520.50$

Total Fogelman College of Bus and Economics 37,495.98$ 1,769,920.38$ 180,969.80$ 1,565,052.72$ 61,393.84$



McRae Education Support Fund 10,238.96$ 10,238.96$

Total 10,238.96$ 10,238.96$


RISE Memphis 234,426.30$ 17,364.93$ 217,061.37$

RISE Lambuth Lynx 249,191.73 18,458.60 230,733.13

Teacher Education Practice of STAT 57,548.67 15,412.11 42,136.56

Community of Practice E LA CCSS 56,187.70 4,162.04 52,025.66

RISE Project Lambuth 2012 (67.30) (5.00) (62.30)

LASSO Instructional Design Coaching 21,174.01 4,265.14 16,908.87

CLRC Research Project 10,404.72 10,404.72

Total 628,865.83$ 59,657.82$ 569,208.01$

86

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013







The Influences of Lactorferrin 48,030.22$ 48,030.22$

Inhibition of an Apical cAMP Tran 3,951.88 1,119.00$ 2,832.88

Lipolytic Effect of a Higenamine 11,896.62 3,459.30 8,437.32

Safety Profile of Chronic Oral Use 16,166.37 4,700.86 11,465.51

Health Assessment of Memphians 4,580.45 4,580.45

8 Week Exercise Intervention 1,287.00 1,287.00

Impact MSM on Postprandial Stress 21,855.91 6,355.28 15,500.63

Intercollegiate Athletics 1,160.75 1,160.75

Japanese Female Athletes Supp Proj 7,892.06 2,294.86 5,597.20

West TN Ryan White Part B 8,326.76 8,326.76

Concurrent Strength HIE Trng 2,623.29 2,623.29

Vitamin E Status Intake in Children 2,685.64 2,685.64

Dietary Ingred and Strength in Men 11,561.89 3,361.97 8,199.92

Impact of the FedEx St.Jude Classic 1,471.02 99.70 1,371.32

Impact of Orally Administered DMAA 4,492.34 1,220.77 3,271.57

Safety Use of 1,3-Dimethylamylamin 54,206.05 12,764.12 41,441.93

West TN Ryan White Part B 34.51 34.51

Impact of Herbal Selective Beta 1,702.52 1,702.52

Japanese Female Athletes Strat Supp 1,305.50$ 10,000.00 2,934.48 8,371.02

Concussion Research (62,926.55) (62,926.55)

Validation Matrix Fitness Devices 15,652.16 4,511.48 11,140.68

Abbott Nutrition Study ZA53 21,038.94 62,560.71 24,309.09 59,290.56

Rat as Model Diverticular Disease 36,983.54 2,101.83 5,126.40 29,755.31$

Influence of Fructooligosaccharide 81,881.95 23,809.67 58,072.28

Validation of Cybex Fitness Device 2,393.05 2,393.05

Assess of Navy Physical Readiness 4.39 4.39

Efficacy Safety Dietary Suppl 46,125.14 13,412.27 32,712.87

Abbott Nutrition Study ZA29 81,649.86 (794.26) 10,364.08 70,491.52

Abbott Nutrition Study ZA28 3,221.81 936.84 2,284.97

Efficacy Safety of Dietary Suppl (820.99) (238.73) (582.26)

AS Activity Friendly Neighborhoods 3,040.53 884.13 2,156.40

Total 146,592.70$ 358,648.36$ 118,401.00$ 357,084.75$ 29,755.31$

Total College of Education 146,592.70$ 997,753.15$ 178,058.82$ 936,531.72$ 29,755.31$


Other Herff College of Engineering

Urban Tree Canopy 7,165.89$ 934.68$ 6,231.21$

DB Design Phase II 37,370.59 4,874.43 32,496.16

HUD Phase 1 16,274.30 2,122.74 14,151.56

MLGW Gas GSR 15,663.52 2,749.45 12,914.07

MIEG Data Map Creation Part 1 3,741.93 488.08 3,253.85

MIEG Map Cont Operating Businesses 142.69 18.61 124.08

MLGW Gas Easements 2,060.32 268.74 1,791.58

MIEG TSR GSR 2,750.02 358.71 2,391.31

Collierville Pilot SW 3,607.82 470.58 3,137.24

MLGW Gas Row 7,440.88 352.50 7,088.38

MLGW Gas Business 8,967.66$ 2,466.65 760.94 10,673.37

87

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






GIS Data Resources Inc 66,499.59$ 8,673.84$ 57,825.75$

Rethink Robotics 15,550.00 15,550.00

Medtronic Engineering Fellowships 18,342.58 18,342.58

Total 8,967.66$ 199,076.78$ 22,073.30$ 185,971.14$


Biosensor and Controller Anesthesia 16,207.78$ 16,207.78$

GARDE Gen Age Related Disabilities 5,942.83 1,728.05$ 4,214.78

Mechanotransduction in Lung Injury 29,416.04 8,329.28 21,086.76

Antibiotic Loaded Biopolymer Sponge 540,001.56 120,802.32 419,199.24


Electrochemical Propofol Biosensor 47,867.81 11,046.41 36,821.40

Soft Tissue Attachment and Fixation 38,067.35 10,109.13 27,958.22

Control Deliver Cis-2-Decenoic Acid 15,732.73 4,574.76 11,157.97

Engineering Equipment Grant 27,246.00 27,246.00

Hernia Mesh Repair 11,892.91 3,458.22 8,434.69

UMRF RB Lindner 4,183.00 4,183.00

Defibrillation Modeling 7,616.12 2,214.64 5,401.48

Solid Internal Contact Ion Electrodes 275.97 80.25 195.72

Method for Evaluating Implant Function 19,631.50 19,631.50

Engineering Travel Support 9,618.41 9,618.41

Smart Stimuli Responsv Biomaterials 101,871.42 101,871.42

MRC B3 Communication 3,100.02 3,100.02

Employment of Bradford Pendley M D 58,740.00 58,740.00

Solid Contact Potassium Sensor 9,423.98 2,740.30 6,683.68

High BMI Index Impact 56,056.34 56,056.34

Biomedical Engineering 22,962.18 22,962.18

High BMI Implant Performance Impact 7,869.82 7,869.82

OrtrhosetTM1 Bone Cement 748.27 748.27

FIT SENSORIUM 118,702.25 118,702.25

Herff Research Award 120,731.18 120,731.18

Herff Biomedical Engr Fellowship 150,000.33 150,000.33

Total 1,428,905.80$ 165,831.63$ 1,263,074.17$

Civil Engineering

Refiling the Bucket 3,132.11$ 3,132.11$

NGA East Geometric Spreading 18,880.00 5,489.93$ 13,390.07

GAMTTEP Proj Wooddale High School 22,627.02 6,579.48 16,047.54

Eval of Geofoam Freight Rail Tracks 6,999.73 2,035.38 4,964.35

Develop of Asphalt Sealer Catalog 48,697.76 13,788.97 34,908.79

FRATIS Prototype Development 18,328.79 5,329.66 12,999.13

Truck Congestion Mitigation 27,298.42 7,937.85 19,360.57

W TN STEM Collaboratory Hub 2 172,042.98 15,640.32 156,402.66

Livability in a Freight Community 21,899.43 4,868.98 17,030.45

Shortlines Rural Rail CFIRE 25,220.70 5,834.70 19,386.00

Panama Canal CFIRE 13,615.00 2,460.00 11,155.00

CAIT 2 249,586.06 32,554.73 217,031.33

Safe Routes to School 44,307.48 9,623.66 34,683.82

CFIRE Southern Hub 348,830.88 57,090.44 291,740.44

88

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Reducing Truck Driver Stress (4,175.53)$ (1,214.17)$ (2,961.36)$

Highway Rail Grade Crossing Ident 2,300.00 300.00 2,000.00

Mid South Bio Fuels Study 493.09 139.62 353.47

CAIT Integrated Planning Model 57,074.69 1,379.08 55,695.61

Transforming Civil Engr Curriculum 94,086.24 27,472.94 66,613.30

Comparison Evaluation of Methods 34,170.65 21,730.05 12,440.60

Univ Transportation Center CAIT 45,726.77 9,186.15 36,540.61 0.01$

Tier II Univ Transportation Center 514,054.84 114,838.96 399,215.88

Gate Strategies in Emissions Reduct 21,261.12 6,182.31 15,078.81

TNMUG Technical Assistance 16,213.39 2,114.78 14,098.61

TN Travel Model Users Group 12.72 (29.68) 42.40

Maxson WWTP Technical Assistance 20,623.85 2,690.07 17,933.78

City of Memphis Color Study 75,838.60 9,891.97 65,946.63

C S Eval of Geofoam Freight Rail 2,102.08 2,102.08

Actuator at CE Lab 62,303.50 62,303.50

W TN STEM Collaboratory Hub 1 44,000.00 4,000.00 40,000.00

Ground Water Institute 5,108.98 5,108.98

CN CFIRE 41,420.33 41,420.33

GSI Fellowship Grnat Chuanqi Wang 10,000.00 10,000.00

CIFTS CS CN E Hunter Harrison Inst 11,760.94 11,760.94

CAIT CS CN E Hunter Harrison Inst 8,079.54 8,079.54

Equipment for Testing Geosynthetic 2,103.20 2,103.20

Total 2,086,025.36$ 367,916.18$ 1,718,109.17$ 0.01$

Electrical Computer Engineering

EAGER Self Assembly Complex Systems 71,225.23$ 17,693.96$ 53,531.27$

Modeling for Imaging System Eval 49,093.47 13,525.91 35,567.56

Profile Classification Algorithm 167,864.00 46,564.94 118,728.07 2,570.99$

CLARITY 157,871.87 34,450.17 84,500.31 38,921.39

Process Optimize Learning MetaTutor 85,747.37 20,031.96 65,715.41

Brownout Sim Algorithm 7,028.49 2,043.75 4,984.74

Profile Classification Algorithm 4,271.51$ 4,271.51

Sensors for Material Identification 196,305.47 47,979.02 148,326.45

Intell Netwrk Centric Sensors Devel (92,261.62) (26,827.85) (65,433.77)

Multimode Adaptive 3D Microscopy 37,981.44 8,851.92 29,129.52

Computational Optical Framework 217,091.18 54,984.30 162,106.88

Co Analysis of Signals and Sense 80,026.32 19,681.96 60,344.36

UMF Support Elec Comp Engr 16,030.04 16,030.04

Total 4,271.51$ 994,003.26$ 238,980.04$ 717,802.35$ 41,492.38$


Robotics Camp 26,184.95$ 26,184.95$

Total 26,184.95$ 26,184.95$

89

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013







Biofuel for Local Sustainability 166,869.20$ 28,298.63$ 138,570.57$

Magnetic Positive Positioning 9,081.12 9,081.12

Cryogenic Propellant Tank 58,408.33 15,694.86 42,713.47

Fatigue Performance of Bone Cements 599.30 599.30

Total 234,957.95$ 43,993.49$ 190,964.46$

Total Herff College of Engineering 13,239.17$ 4,969,154.10$ 838,794.64$ 4,102,106.24$ 41,492.39$


Teen Pregnancy Parenting Success 51,731.28$ 6,747.56$ 44,983.72$

Teen Pregnancy Parenting Success 248.44 32.40 216.04

SHELBY Child Impact Assessment v3.0 0.03 0.03

CUCP CMA Design Services 19,990.82 19,990.82

Total 71,970.57$ 6,779.99$ 65,190.58$

Art Museum

UMF Support Insitute of Egypt Art 3,175.72$ 3,175.72$

Total 3,175.72$ 3,175.72$

Architecture

Architect Engineer Examiners Grant 19,040.00$ 12,641.83$ 6,398.17$

Architect Engineer Examiners Grant 8,964.11 8,963.24 0.87

TERRA II 1,505.10 1,505.10

Total 29,509.21$ 23,110.17$ 6,399.04$

Total Communication and Fine Arts 104,655.50$ 6,779.99$ 91,476.47$ 6,399.04$

Cecil C Humphreys School of Law

Wagner Labor Law Moot Court 6,482.80$ 6,482.80$

New Faculty Enrichment 20,175.76 20,175.76

Public Action Law Society 1,000.00 1,000.00

Law School Academic Program 18,498.55 18,498.55

Mental Hlth Law and Policy Journal 1,716.28 1,716.28

Total 47,873.39$ 47,873.39$


Virtual Civilian Aeromed Evac Trng 448,542.57$ 122,799.45$ 325,743.12$

AMT Training Project 122,087.78 7,221.20 114,866.58

Breastfeeding Educ for Nurses 1,588.34 1,588.34

Methodist Healthcare Enrollment 2,497.87 2,497.87

Total 574,716.56$ 130,020.65$ 444,695.91$

Enrollment Services

CWSP Research 78,506.55$ 78,506.55$

Total 78,506.55$ 78,506.55$

90

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






University Libraries

Will E Stafford Library Fund (2.12)$ (2.12)$

UMF Support Heritage Room GA 6,000.00 6,000.00

Library Deans Discretionary Fund 7,498.70 7,298.70 200.00$

The Book Fund 1,250.00 1,250.00

Wynn Library Fund 28,827.17 28,827.17

Total 43,573.75$ 43,373.75$ 200.00$


Spch Percept Trng Hearing Aid Users 47,386.14$ 13,778.94$ 33,607.20$

Vocal Exploration and Interaction 449,522.40 123,829.05 325,693.35

Hearing Aid Features Older Adults 291,406.60 83,113.71 208,292.89

Phonology and Literacy 2006 2,524.67 721.33 1,803.33 0.01$

FEL BMHCC AUSLP Fellowship 14,000.00 14,000.00

Total 804,839.81$ 221,443.03$ 583,396.77$ 0.01$

University College

Memphis Center for Entrepreneurship 187,261.57$ 54,451.93$ 132,809.64$

Total 187,261.57$ 54,451.93$ 132,809.64$



HIE Evaluation Plan 132,048.89$ 17,223.80$ 114,825.09$

Total 132,048.89$ 17,223.80$ 114,825.09$

Public Health

Lymph Node Exam Resect Lung Cancer 18,074.95$ 5,255.85$ 12,819.10$

Chronic Disease Self Mngmnt Program (0.36) (0.04) (0.32)

Response Behavioral Hlth Disparity 2,758.93 2,758.93

Obesity Weight Loss Pilot 3,699.83 482.59 3,217.24

Integrating Health Systems Shelby 5,057.19 541.85 4,515.34

Rapid Detection Methods for Food 17,229.38 5,009.97 12,219.41

Stdnt Pharmacist Expr Performance 2,381.25 692.40 1,688.85

Basic Food Microbiology 52,854.63 15,369.07 37,485.56

Tobacco Study 21,138.95 2,757.20 18,381.70 0.05$

Total 123,194.75$ 30,108.89$ 93,085.81$ 0.05$

Environmental Health

Reduce Exposure Airborne Chem Toxin 20,301.52$ 5,903.29$ 14,398.23$

Ambient Air Toxicants in Memphis 4,052.49 4,052.49

Monitoring Airborne Siloxanes 1,409.02 365.30 1,043.72

Total 25,763.03$ 6,268.59$ 19,494.44$

91

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Social and Behavioral Sciences

Tobacco Study 25,127.93$ 7,327.27$ 17,800.66$

Tobacco Study 141.60$ 70.80 70.80$

Minority Populations Prevention 10,608.11 785.79 9,822.32

Socioworks Integrated Web Platform 3,736.59 1,086.53 2,650.06

Alzheimers Disease Social Networks (3,877.86) (3,877.86)

Babylove II Residential Treatment 2,140.73 (99.83) 2,040.90

Alcohol Drug Abuse Mental Health 84,681.42 18,077.93 51,651.23 14,952.26

Take It With You Money (3.68) (3.68)

Assessment of HIV Service Providers 2,139.69 2,139.69

Infant Feeding Among New Mothers 1,191.95 1,191.95

Diabetes Initiative 41,529.26 5,416.88 36,112.38

Pediatric Obesity 53,523.12 53,523.12

Assessment Dementia Alzheimer Pat 500.00 500.00

CHERP 23,199.36 23,199.36

Total 2,282.33$ 242,256.06$ 34,735.30$ 194,780.03$ 15,023.06$

Epidemiology and Biostatistics

Phenomics Joint Clustering 9,745.17$ 2,833.72$ 6,911.45$

Inheritance of Allergy Supplement 41,463.39 12,056.74 29,406.65

Transgenerational Inher of Allergy 11,757.03 665.49 11,091.54

Public Health Trng Ctr LIFEPATH 38,304.97 2,804.19 35,500.78

Reduce Adolescent Obesity Disparity 614.00 (38.13) 652.13

School Public Health Visit Scholar 26,900.00 26,900.00

PCORI Baptist Cancer Institute 74,457.94 21,650.88 52,807.06

PCORI Baptist Foundation 67,834.15 19,724.83 48,109.32

MRC Startup 52,763.39 52,763.39

Sickle Cell Campaign 18,115.61 18,115.61

Total 341,955.65$ 59,697.72$ 282,257.93$

Total School of Public Health 2,282.33$ 865,218.38$ 148,034.30$ 704,443.30$ 15,023.11$


APSU AAT Degree Compass 21,938.13$ 21,938.13$

Total 21,938.13$ 21,938.13$

Graduate Programs

Van Vleet Doc Award 119,715.35$ 100,910.18$ 114,504.04$ 106,121.49$

Total 119,715.35$ 100,910.18$ 114,504.04$ 106,121.49$

Vice Provost Research

UMRF Investor Royalty Distributions 5,100.00$ 5,100.00$

Univ of Memphis Research Foundation 34,442.27 34,442.27

Total 39,542.27$ 39,542.27$

Police Services

Alcohol Saturation Patrols 13,460.92$ 1,755.80$ 11,705.12$

Total 13,460.92$ 1,755.80$ 11,705.12$

92

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Total Individual and Project Research 354,071.87$ 21,826,300.06$ 3,850,046.64$ 18,059,273.05$ 271,052.24$

Total Research 1,316,466.30$ 24,346,804.97$ 2,847,500.00$ 4,221,483.29$ 22,531,084.84$ 1,758,203.14$

Public Service

Community Service


Other College of Arts and Sciences

Tennessee Louis Stokes Alliance 45,315.50$ 45,315.50$

Tennessee Louis Stokes Alliance 18,688.94 4,845.24$ 13,843.70

Bridge Program with TSU 5,794.92 5,794.92

21st CCLC 17,999.20 17,999.20

Tutor Enrichment Peer Power 1,410.00 410.00 1,000.00

Tutor Enrichment Peer Power 11,247.26 3,270.48 7,976.78

Total 100,455.82$ 8,525.72$ 91,930.10$

Chemistry

Sensor Water Disinfectnt Silver Ion 8,500.00$ 8,500.00$

U of M Participation in Gear Up (7,868.42) (582.85)$ (7,285.57)

PEEP Pre Engineering Enrichment 21,391.91 2,790.25 18,601.66

PEEP Pre Engineering Enrichment (45.49) (5.93) (39.56)

Total 21,978.00$ 2,201.47$ 19,776.53$

Foreign Languages

Dual Service Berry 13,698.83$ 13,698.83$

Total 13,698.83$ 13,698.83$

Earth Sciences

Mapping of La Grange Cemetery 683.33$ 55.00$ 738.33$

Total 683.33$ 55.00$ 738.33$

History

Centennial History Pictorial Book 3,601.00$ 3,601.00$

Sesquicentennial Fund 14,537.18 14,537.18

Total 18,138.18$ 18,138.18$

Mathematics

Dual Service Doroshenko 10,088.80$ 10,088.80$

Total 10,088.80$ 10,088.80$

Philosophy

Dual Service Garrett III (13.20)$ (13.20)$

Nature Law and Emergent I 7,369.30 6,479.01 890.29$

Total 7,356.10$ 6,465.81$ 890.29$

93

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Public Service (continued)

Physics

U of M Participation in Gear Up 68.04$ 5.04$ 63.00$

Development Grade 5 to 8 STEM (13,095.15) (970.01) (12,125.14)

Free Radical Test 6,644.91 1,722.76 4,922.15

Free Radical Test 315.40$ 315.40$

Testing Services ESR 4,068.48 1,177.90 2,890.58

Partic Costs Dev Grade 5 to 8 STEM 41,495.54 3,073.74 38,421.80

Devel Grade 5 to 8 STEM Tchrs 121,762.83 9,019.49 112,743.34

Total 315.40$ 160,944.65$ 14,028.92$ 146,915.73$ 315.40$

Political Science

Dual Service Mego 1,978.50$ 1,978.50$

Dual Service Huffstetler 4,035.00 4,035.00

Total 6,013.50$ 6,013.50$

Psychology

Prevention Srvcs Vulnerable Youth 59,653.15$ 7,780.85$ 51,872.30$

Reducing Risk Job Corps 2012 12,260.59 1,114.63 11,145.96

Memphis STEPS 2012 92,683.22 24,028.95 68,654.27

Dual Service Berlin 1,345.00 1,345.00

Gambling Awareness Treatment 179,902.68 23,465.55 156,437.13

Gambling Awareness Treatment 0.02 0.02

Operating Budget for Editor of APA2 70,037.45 70,037.45

Total 415,882.11$ 56,390.00$ 359,492.11$


CERI Annual Support USGS Personnel 27,303.45$ 7,939.23$ 19,364.22$

CERI Annual Support USGS Personnel 16,802.52$ 9,844.34 2,186.12 5,332.00 19,128.74$

Install of the Ark Seismic Network 30,621.08 6,318.63 24,302.45

Install of the Ark Seismic Network (24.70) (95.00) 119.70

Total 16,802.52$ 67,768.87$ 16,419.28$ 48,903.67$ 19,248.44$


Humanities Endowment 177.58$ 105.79$ b 195.00$ 88.37$

Governor School Intl Tuition 53,137.84$ 53,137.84

Governor School for Intl Studies 156,764.43 156,764.43

Governor School 2012 Tuition 3,463.22 3,463.22

Governor School 2012 134,994.88 134,994.88

Governor School Tuition 11,424.86 11,424.86

UMF Hooks Premiere 12,393.17 12,393.17

Confucius Institute Director Supp 4,035.00 4,035.00

Confucius Institute 135,250.62 135,250.62

UMF Support Hooks Institute 48,750.87 48,750.87

Total 11,602.44$ 548,790.03$ 105.79$ 560,409.89$ 88.37$

94

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Criminal Justice

Justice System Response 221,096.18$ 59,888.37$ 161,207.81$

Project Safe Neighborhoods Memphis 63,849.40 63,849.40

Maxine Smith Fellowship 2012 2,348.48 2,348.48

DMC Task Force Internship Prog 2010 4,030.00 4,030.00

Mphs Police Critical Incident Srvs 65,756.49$ 36,000.00 6,812.36 45,597.55 49,346.58$

Mphs Fire Critical Incident Srvs 22,767.87 18,000.00 1,724.62 11,588.18 27,455.07

CBANA Shalom Project (8.21) (1.07) (7.14)

Gifts Ctr Cmnty Bldg and Ngbrhd Act 97.58 97.58

Total 88,621.94$ 345,315.85$ 68,424.28$ 288,711.86$ 76,801.65$


Shelby County Trail Plan (1,021.20)$ (133.20)$ (888.00)$

Total (1,021.20)$ (133.20)$ (888.00)$

Social Work

Defending Childhood Initiative 27,024.89$ 3,524.99$ 23,499.90$


Dual Service Elswick 6,594.24 6,594.24

Dual Service J Jones 6,657.75 6,657.75

Total 73,850.14$ 7,904.12$ 65,946.02$

Total College of Arts and Sciences 118,025.63$ 1,789,314.68$ 105.79$ 173,760.59$ 1,636,341.36$ 97,344.15$


Other Fogelman College of Business Economics

Morgan Keegan Fund 11,916.29$ 203.82$ b 12,120.11$

Economic Club 3,328.47 31.72$ 3,296.75

Total 15,244.76$ 203.82$ 31.72$ 15,416.86$


Dual Service Ashton 2,219.25$ 2,219.25$

Total 2,219.25$ 2,219.25$

Economics

Economic Club 63,247.68$ 63,247.68$

UMF Support C E E 13,714.52 13,714.52

Total 76,962.20$ 76,962.20$


MIS Advisory Council 750.00$ 750.00$

Total 750.00$ 750.00$


UMF Support H R M 40,071.38$ 40,071.38$

Total 40,071.38$ 40,071.38$

Total Fogelman College of Bus and Economics 15,244.76$ 120,002.83$ 203.82$ 120,034.55$ 15,416.86$

95

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013








TQI Teacher Education Redesign 66,281.26$ 4,599.68$ 61,681.58$

Improving Urban Educ Jubilee School 84,162.99 84,162.99$

Johnson Scholars 51,466.76 51,466.76

Total 201,911.01$ 4,599.68$ 135,629.75$ 61,681.58$

Counsel Education Psych Research

Training and Technical Assistance 194,076.69$ 25,314.30$ 168,762.39$

Mid South Access Ctr for Technology 249,467.52 32,539.23 216,928.29

Tennessee Tech Access Program 36,273.47 4,731.32 31,542.15

Tennessee Tech Access Program 19,499.89 2,543.48 16,956.41

Mid-South Access Ctr for Technology (1,706.14) (222.54) (1,483.60)

Tennessee Tech Access Prog TTAP (0.01) (0.01)

Training and Technical Assistance 0.34 0.04 0.30

Tennessee Tech Access Prog TTAP 2,260.90 294.90 1,966.00

Total 499,872.66$ 65,200.72$ 434,671.94$


Project Memphis 2013 200,947.08$ 14,884.94$ 186,062.14$

Regional Intervention Prog 2012 (0.03) (0.03)

Acc Diversity Math Academy 2013 71,825.03 71,825.03

Regional Intervention Program 106,513.89 13,893.13 92,620.76

Acc Diversity Math Academy 2012 76,439.96 76,439.96

Project Memphis 2012 31.97 2.37 29.60

Ready Set Grow 112,382.06 112,382.06

Total 568,139.96$ 28,780.41$ 539,359.55$


Dual Service Clayborn 1,365.00$ (1,365.00)$

Dual Service Clayborn (22.50) (22.50)$

Minority Participation in Swimming 12,082.31 12,082.31

Total 1,365.00$ 10,694.81$ 12,059.81$

Lipman School

Head Start Centers of Excellence 1,770.44$ 1,770.44$

Total 1,770.44$ 1,770.44$

Total College of Education 1,365.00$ 1,282,388.88$ 98,580.81$ 1,121,721.05$ 63,452.02$


Other College of Engineering

UASI GIS Support Phase 6 7,128.20$ 929.77$ 6,198.43$

UASI GIS Support Phase 2 689,388.01 89,920.09 599,467.92

Geo Locate Engineering Drawings 35,217.28 4,593.56 30,623.72

South Cordova Signage Mapping 5,000.00 141.18 941.13 3,917.69$

City of Memphis Stormwater 212,096.38 27,664.76 184,431.62

City of Memphis ADA Signs 20,751.16$ 32,888.92 51,539.72 2,100.36

Total 20,751.16$ 981,718.79$ 174,789.08$ 823,763.18$ 3,917.69$

96

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Civil Engineering

CIFTS Match 13,351.22$ 1,741.46$ 11,609.76$

Mphs Aerotropolis Conf 0.61 0.61

Memphis GIS Storm Drain Phase 2 107,734.54 107,734.54

Girls Experiencing Engineering 3,468.08$ (4,822.10) 7,900.00$ e 6,545.98

Girls Experiencing Engineering 20,227.34 55.00 f 20,282.34

Total 3,468.08$ 136,491.61$ 7,955.00$ 109,476.61$ 38,438.08$

Electrical Engineering

Dual Service Furxhi 3,573.53$ 3,573.53$

Total 3,573.53$ 3,573.53$


Robotics for STEM Program 17,422.30$ 2,272.50$ 15,149.80$

Robotics for STEM Program 2,371.66 309.35 2,062.31

Total 19,793.96$ 2,581.85$ 17,212.11$


TN 3 Star Industrial Assessment Ctr 58,324.91$ 16,959.74$ 41,365.17$

Total 58,324.91$ 16,959.74$ 41,365.17$

Total Engineering 24,219.24$ 1,199,902.80$ 7,955.00$ 303,807.28$ 924,352.07$ 3,917.69$


Other College of Communication Fine Arts

Gifts Center for Multimedia Arts 9,093.05$ 39,233.00$ 47,784.20$ 541.85$

Total 9,093.05$ 39,233.00$ 47,784.20$ 541.85$

Communication

Old Forest Royalties 45,897.30$ 9,087.81$ g 4,889.53$ 50,095.58$

Total 45,897.30$ 9,087.81$ 4,889.53$ 50,095.58$

Journalism

The Teen Appeal 2013 67,885.24$ 67,885.24$

The Teen Appeal 2012 32.88$ (32.88)

The Teen Appeal 2011 98.49 (496.07) (397.58)

Total 131.37$ 67,356.29$ 67,487.66$

Rudi Scheidt School of Music

Group Tachoir Concert and Workshop 2,000.00$ 2,000.00$

3rd Memphis Intl Guitar Festival 8,875.10 8,875.10

Total 10,875.10$ 10,875.10$

Theatre and Dance

FEL Ballew Theatre GA 2,700.00$ 2,700.00$

Total 2,700.00$ 2,700.00$

Total College of Communication and Fine Arts 55,121.72$ 120,164.39$ 9,087.81$ 133,736.49$ 50,637.43$

97

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






School of Law

Child Advocacy 26,621.78$ 13,634.81$ h 19,149.51$ 21,107.08$

Total 26,621.78$ 13,634.81$ 19,149.51$ 21,107.08$


Dual Service Elliotte 58,674.94$ 58,674.94$

Dual Service Thorn 2,674.00 2,674.00

Dual Service Fleming 5,380.00 5,380.00

Total 66,728.94$ 66,728.94$

Enrollment Services

CWSP Public Service 52,516.49$ 52,516.49$

Total 52,516.49$ 52,516.49$


Pride and Passion 477.11$ 477.11$

Dual Service Barnett 19,833.14 19,833.14$

Dual Service Smith 2,017.50 2,017.50

Total 22,327.75$ 21,850.64$ 477.11$

School of Comm Sci and Disorders

Dual Service Saadat 2,017.50$ 2,017.50$

Dual Service Saadat 4,035.00 4,035.00

Pope Farrington Trust 194,965.38$ 17,908.78 410.93$ b 24,087.36 189,197.73$

Total 194,965.38$ 23,961.28$ 410.93$ 30,139.86$ 189,197.73$

University College

Acc Diversity Experiential Learning 41,608.86$ 41,608.86$

Dual Service Orr (2,206.05) (2,206.05)

Dual Service Sisson 4,035.00 4,035.00

Dual Service Sisson 13,450.00 13,450.00

Total 56,887.81$ 56,887.81$



HIT Regional Extension Ctr Project (18,196.97)$ (4,717.74)$ (13,479.23)$

Total (18,196.97)$ (4,717.74)$ (13,479.23)$

Epidemiology and Biostatistics

Dual Service Yu 6,080.91$ 6,080.91$

Total 6,080.91$ 6,080.91$

Total School of Public Health (12,116.06)$ (4,717.74)$ (7,398.32)$

Advanced Learning Center

Dual Service Schaeffer 5,380.00$ 5,380.00$

Dual Service Hollingsworth 4,035.00 4,035.00

Total 9,415.00$ 9,415.00$

98

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Extended Programs

Industry Assistance 14,810.16$ 1,931.76$ 12,878.40$

Industry Assistance 4,949.60 645.60 4,304.00

Keep Tennessee Beautiful 523,317.11 70,468.24 447,402.99 5,445.88$

KTB Revenue Account 137,438.10$ 46,848.68$ e (9.23) (61.48) 184,357.49

Keep Tennessee Beautiful 5,086.19 (2,256.40) 7,342.59

Keep Tennessee Beautiful 410.66 410.66

Total 137,438.10$ 548,573.72$ 46,848.68$ 70,779.97$ 471,866.50$ 190,214.03$

Assistant Vice President Student Affairs

Dual Service Heard 384.48$ 384.48$

Total 384.48$ 384.48$

Health Center

TN Governors Highway Safety 140.00$ 140.00$

Social Norms Media Campaign II 1,357.17$ (1,357.17)

Social Norms Media Campaign V 2,966.25 2,966.25

Total 1,357.17$ 1,749.08$ 3,106.25$

Student Leadership

Gifts Leadership Grove 800.00$ 800.00$

Total 800.00$ 800.00$

Campus Recreation

U of M Swim Club 231.00$ 231.00$

Total 231.00$ 231.00$

Police Services

Alcohol Saturation Patrols 26,850.59$ 3,502.23$ 23,348.36$

Total 26,850.59$ 3,502.23$ 23,348.36$

Total Public Service 575,158.78$ 5,309,283.66$ 78,246.84$ 645,713.14$ 4,684,412.04$ 632,564.10$

Academic Support

Libraries

School of Law

Gifts Law Library 1,438.24$ 1,438.24$

Total 1,438.24$ 1,438.24$


Friends of the Library 12,960.93$ 12,960.93$

Gifts Library Books 3,487.97$ 140.96 3,347.01$

Gifts Goodwyn Library 5.88 5.88

Total 3,493.85$ 12,960.93$ 13,101.89$ 3,352.89$

Total Libraries 4,932.09$ 12,960.93$ 13,101.89$ 4,791.13$

99

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Academic Support (continued)

Museums and Galleries

Gifts Chucalissa 4,201.32$ 4,201.32$

Gifts Art Collection 0.28 0.28

Total Museums and Galleries 4,201.60$ 4,201.60$

Ancillary Support


Campus School

Gifts Campus School 8,370.02$ 8,370.02$

Total 8,370.02$ 8,370.02$

Lipman School

Schlp Sara Lipman 42,000.00$ 42,000.00$

Gifts Project Memphis 2,366.14 2,366.14

Gifts Lipman School 4,434.77 350.00$ 4,084.77

Total 48,800.91$ 350.00$ 48,450.91$

Total College of Education 57,170.93$ 350.00$ 56,820.93$


UMF Support WUMR FM 91.7 43,256.44$ 43,256.44$

Gifts WUMR Radio Station 16.04$ 16.04$

Total 16.04$ 43,256.44$ 43,256.44$ 16.04$

Total Ancilary Support 57,186.97$ 43,256.44$ 43,606.44$ 56,836.97$

Academic Administration

Cecil C Humphreys School of Law

Acc Diversity Pre Professional 85,555.73$ 156,376.96$ 241,932.69$

Law School Services Coordinator 67,297.08 67,297.08

Total 85,555.73$ 223,674.04$ 309,229.77$

Enrollment Services

CWSP Academic Support 83,193.14$ 83,193.14$

Total 83,193.14$ 83,193.14$

Graduate Programs

FEL Palisades Geophysical 28,161.00$ 28,161.00$

Total 28,161.00$ 28,161.00$

Scholarships

FEL English Student Fund 10,000.00$ 10,000.00$

Total 10,000.00$ 10,000.00$

Total Academic Administration 85,555.73$ 345,028.18$ 430,583.91$

100

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Academic Support (continued)

Academic Personnel Development

Affirmative Action

Acc Diversity Faculty Incentive 1,619.90$ 12,057.94$ 13,677.84$

Acc Diversity Fac Staff Recruitment 8,049.37 (8,049.37)

Deseg Post Doctoral 50,000.00 50,000.00$

Spirit Of Geier Award 1,500.00 1,500.00

Total 61,169.27$ 4,008.57$ 13,677.84$ 51,500.00$

Other Academic Personnel Development

AE Teaching Awards 731.00$ 119.00$ 850.00$

Total 731.00$ 119.00$ 850.00$

Total Academic Personnel Development 61,900.27$ 4,127.57$ 13,677.84$ 52,350.00$

Total Academic Support 213,776.66$ 405,373.12$ 500,970.08$ 118,179.70$

Student Services

Student Services Administration

Enrollment Services

CWSP Student Service 110,270.74$ 110,270.74$

Total 110,270.74$ 110,270.74$


Gifts International Students 46.94$ 46.94$

Total 46.94$ 46.94$

Center for Counsel Learn Testing

Gifts Center Student Development 7.39$ 7.39$

Total 7.39$ 7.39$

Student Disability Services

Gifts Handicap Student Services 2,753.98$ 89.12$ 2,843.10$

Total 2,753.98$ 89.12$ 2,843.10$

Judicial Affairs

Alcohol Education and Awareness 13,327.25$ 50.00$ 13,377.25$

Total 13,327.25$ 50.00$ 13,377.25$

Minority Affairs

Gifts Black Students Association 198.07$ 198.07$

Gifts Minority Affairs 166.56 166.56$

Total 364.63$ 166.56$ 198.07$

Student Leadership

Gifts Greek Affairs 309.39$ 309.39$

Total 309.39$ 309.39$

Total Student Services Administration 16,809.58$ 110,409.86$ 110,437.30$ 16,782.14$

101

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Student Services (continued)

Student Admissions and Records

Graduate Programs

FEL R Eugene Smith GA Stipend Fund 6,480.00$ 6,480.00$

Total 6,480.00$ 6,480.00$

Total Student Admissions and Records 6,480.00$ 6,480.00$

Social and Cultural Development

Enrollment Services

CWSP Athletics 2,422.43$ 2,422.43$

Total 2,422.43$ 2,422.43$

Campus Recreation

Campus Recreation

Gifts Recreation Intramurals 6,686.77$ 4,727.80$ 1,958.97$

Total 6,686.77$ 4,727.80$ 1,958.97$

Social and Cultural Development - Athletics

Athletic Support Fund 2,526.75$ 2,526.75$

Gifts Athletic Rifle 197.96 197.96

Tiger Weight Room 2,170.76 2,170.76

Tiger Telemarketing 3,924.92 1,274.43$ 2,650.49

Tiger Football 1,065.34 1,000.00$ 2,065.34

Schlp Football 100.00 100.00

Tiger Athletic Trainer 24,845.47 51.40$ b 4,634.17 20,262.70

Tiger Men Baseball 5,821.47 5,575.00 5,573.32 5,823.15

Tiger Men Soccer 32,037.75 3,200.00 66.99 b 6,336.01 28,968.73

Tiger Women Soccer 624.34 5,072.00 274.84 5,421.50

Tiger Women Basketball 39,519.79 12,700.00 72.80 b 21,507.14 30,785.45

Tiger Men Tennis 4,184.72 5,925.00 300.00 e 10,402.51 7.21

Tiger Men Track 26,870.52 2,100.00 28,970.52

M Club 701.70 701.70

Student Athlete Assistance Fund 171,341.43 273,202.00 i 437,550.39 6,993.04

Tiger Women General 1,898.65 2,039.12 3,937.77

Gifts Spirit Squads 15,550.00 15,459.64 90.36

Tiger Men Golf 89,151.45 113,625.00 1,729.00 b,e 63,698.78 140,806.67

Tiger Women Golf 46,604.93 23,280.00 47,894.65 21,990.28

Tiger Women Softball 1,425.84 5,000.00 6,425.84

Tiger Women Tennis 3,798.34 4,925.00 3,640.47 5,082.87

Tiger Women Track 6,978.94 50.00 7,028.94

Tiger Women Volleyball 9,509.05 6,091.75 3,417.30

NCAA Academic Enhancement 11,370.07 139,422.00 74,187.71 76,604.36

Total 486,670.19$ 339,463.12$ 275,422.19$ 704,951.65$ 396,603.85$

Counseling and Career Guidance

Gifts University Placement 9,009.51$ 4,062.00$ 4,947.51$

Total 9,009.51$ 4,062.00$ 4,947.51$

Total Student Services 519,176.05$ 458,775.41$ 275,422.19$ 833,081.18$ 420,292.47$

102

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Institutional Support

Executive Management

Gifts Graduate School 1,413.12$ 1,413.12$

Gifts President Discretionary Fund 123,859.48 5,461.25$ 118,398.23

Total 125,272.60$ 5,461.25$ 119,811.35$

Fiscal Operations

Gifts Health Center 250.00$ 250.00$

Gifts Business and Finance 14.10 14.10

Gifts Finance Office 235.54 235.54

Gifts Accounting Office 145.00 145.00$

Gifts Bursars Office 78.36 78.36

Total 723.00$ 145.00$ 578.00$

General Admin and Logistical Services

Acc Diversity Staff Incentive 9,201.00$ (9,201.00)$

CWSP Institutional Support 30,437.38 30,437.38$

Total 9,201.00$ 21,236.38$ 30,437.38$

Public Relations and Development

UMF Support RV Drivers 6,675.00$ 6,675.00$

Board of Visitors 10.39$ 10.39$

Gifts Nashville Alumni Golf Trnmnt 600.32 600.32

Gifts Women Council 88.45 88.45

Gifts Alumni Office 7,310.51 7,310.51

Gifts Heritage Museum 1,047.52 1,047.52

Total 9,057.19$ 6,675.00$ 14,073.96$ 1,658.23$

Total Institutional Support 144,253.79$ 27,911.38$ 50,117.59$ 122,047.58$

Physical Plant


Gifts Physical Plant 25.00$ 25.00$

Total 25.00$ 25.00$

Total Physical Plant 25.00$ 25.00$

Scholarships and Fellowships

Scholarships

CAS Travel Enrichment 15,918.20$ 15,918.20$

Schlp Rudner Engineering 19,448.00 19,448.00

Schlp Humphreys Engineering (2,142.00) (2,142.00)

Schlp Herff Engineering 124,680.00 124,680.00

Schlp Herff Engineering Surchg Fee 23,000.00 23,000.00

SEOG 2013 499,154.00 499,154.00

National TEACH Grant 2013 50,380.00 50,380.00

PELL Grant 2013 36,067,952.00 36,067,952.00

Gear Up TN Scholarship 15,445.00 15,445.00

National TEACH Grant 2012 3,500.00 3,500.00

PELL Grant 2012 36,634.00 36,634.00

103

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Scholarships and Fellowships (continued)

Academic Competitiveness Grant 2011 750.00$ 750.00$

PELL Grant 2011 (5,270.00) (5,270.00)

SEOG 250.00 250.00

Schlp C M Gooch 20,184.22$ 13,647.34 12,071.00 21,760.56$

Accademia Dell'Arte Int'l Fund 22,500.00 22,500.00

Acc Diversity Grad Scholarships 8,087.49 219,243.77 227,331.26

Schlp Sam Lucas 0.32 0.32

Schlp Gabriel P Racz 4,690.60 1,300.00 1,000.00 4,990.60

Academic Fund Schlps 27,611.96 10.00 27,621.96

Schlp Tilson Basketball 65,515.33 277.88$ b 65,793.21

Academic Excellence 158,788.73 336.33 b 159,125.06

TN Helping Heroes Grant 64,500.00 64,500.00

TSAC Robert Byrd Honors Scholarship 23,250.00 23,250.00

TSAC Ned McWherter Scholarship 6,000.00 6,000.00

TN Dependent Children's Scholarship 25,431.00 25,431.00

TN Minority Teaching Fellowship 136,628.00 136,628.00

TN Math and Science Teachers Loan 4,000.00 4,000.00

TN Grad Nursing Loan Forgiveness 24,500.00 24,500.00

TN Dual Enrollment Grant 445,984.50 445,984.50

HOPE Foster Child Care Grant 52,612.00 52,612.00

HOPE Access Scholarship 137,843.00 137,843.00

HOPE Aspire Award 2,190,202.00 2,190,202.00

HOPE GAM Scholarship 292,325.00 292,325.00

TN HOPE Scholarship 19,291,304.00 19,291,304.00

TN State Grant Award 5,079,539.00 5,079,539.00

Schlp Ralph Hatley 24,398.93 82.29 b 24,481.22

Schlp Student Activity Fee Endow 964.04 615.98 b 700.00 880.02

Schlp Isaac Hayes 33.61 21.16 b 54.77

Schlp A Eugene Doc Smith 67.98 58.98 b 67.98$ j 58.98

Schlp R C Anderson 185.96 52.92 b 238.88

Schlp P H Manning 2,149.20 191.20 90.88 b 2,000.00 431.28

Schlp Fogelman Baseball 65.36 56.70 b 65.36 j 56.70

Schlp Allene Farris 2,340.00 2,340.00

Acc Diversity UG Schol Std Aff Plts 72,573.96 (72,573.96)

Acc Diversity New UG Scholarships 1,750.00 310,400.00 312,150.00

Acc Diversity UG Scholarships 85,281.00 174,169.00 259,450.00

Acc Diversity Law Scholarships 4,105.37 225,046.63 229,152.00

Schlp Econ Club Mphs Hnr Armstrong 1,200.00 1,200.00

Schlp Frances Marie Dean Endowment 9,000.00 9,000.00

Schlp John Burton Tigrett Innovator 1,240.00 1,240.00

Schlp SunTrust FCBE Undergraduates 13,406.00 13,406.00

Schlp Honoring Dr R Eugene Smith 2,500.00 2,500.00

Schlp James E Harwood Endowed 3,450.00 3,450.00

Schlp John C Kelley Legacy 2,370.00 2,370.00

Schlp Honoring Dr Willard Sparks 2,320.00 2,320.00

Schlp Honoring Julia Sprunt 2,459.00 2,459.00

Schlp Dean College of Education 1,500.00 1,500.00

Schlp Colg Arts and Sciences Alumni 3,000.00 3,000.00

Schlp Memphis In May Intl Festival 1,190.00 1,190.00

104

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp Cybill Shepherd 500.00$ 500.00$

Schlp Dockery Faros Coaching 1,660.00 1,660.00

Schlp Cecil C Humphreys 18,170.00$ 18,170.00$

Schlp Jeri Niel Owen 436.73 436.73

Schlp TN Judicial Conference Fndn 2,000.00 1,500.00 500.00

Schlp Lawrence and Sarah Wynn 1,100.00 1,100.00

Schlp Richard Lazure Achvmnt 1,000.00 1,000.00

Schlp ThyssenKrupp Elevator 1,100.00 1,200.00 1,200.00 1,100.00

Schlp Lee and Joan Kramer Endow 2,280.00 2,280.00

Schlp Art Directors 1,100.00 1,100.00

Schlp Willie S Jones 1,038.20 100.00 500.00 638.20

Schlp Albert H Woollett 15,531.16 1,000.00 14,531.16

Schlp Larry H Potter Football 109,610.50 232.15$ b 109,842.65

Schlp Kroger 70,034.46 148.33 b 70,182.79

Schlp William Taylor 269.48 269.48

Schlp Alumni Fund 4,103.08 4,103.08

Schlp Pat Justice 100.00 100.00

Schlp Sarah P Eaton 20,334.88 43.07 b 20,377.95

Schlp Schadrack Educational Grant 2,450.00 1,000.00 1,000.00 2,450.00

Schlp TN Road Builders 10,243.45 19,500.00 9,750.00 19,993.45

Schlp Journalism Alumni 4,170.96 4,170.96

Schlp Interior Design 2,984.40 500.00 2,484.40

Schlp Judge Bernice B Donald 3,781.26 1,000.00 2,781.26

Schlp Nursing Alumni 184.00 184.00

Schlp ADK Alpha Chapter 2,500.00 1,000.00 1,000.00 2,500.00

Schlp Cockroft Laughlin Baseball 401.02 401.02

Schlp General University 2,915.89 99.65 3,015.54

Schlp Horace H Willis Memorial 5,873.82 750.00 5,123.82

Schlp Hattie Watkins 32,698.90 9,930.00 1,000.00 41,628.90

Schlp Mike Driver 13,586.44 1,076.89 12,000.00 2,663.33

Schlp Dr Martin Luther King Jr 948.87 500.00 448.87

Schlp Ballard Wallace Endow Fund 1,400.00 1,400.00

Schlp Lily Afshar 3,972.00 3,972.00

Schlp Elizabeth Phillips 1,840.00 1,840.00

Schlp General Herbert Grills Mem 3,990.00 3,990.00

Schlp Martha Armstrong 2,000.91 500.00 1,500.91

Schlp Spirit Squad 1,238.09 1,073.80 b 1,238.09$ j 1,073.80

Schlp Patsy Moore Memorial 4,389.21 2,000.00 250.00 6,139.21

Schlp Art Alumni 15,818.28 32.01 b 1,000.00 14,850.29

Schlp Business and Economics Alumni 64,383.59 129.04 b 5,000.00 59,512.63

Schlp Richard A Brackhahn 245.00 245.00

Schlp Herman Bensdorf II 10,381.58 1,310.09 800.00 10,891.67

Schlp Luther C McClellan 1,000.00 1,000.00

Schlp Mathematical Sciences 1,050.00 1,050.00

Schlp Joe Rutherford 131.33 65.62 b 100.00 96.95

Schlp Dr Robert Saunders 155.00 155.00

Schlp William M Leech Jr 16,000.00 16,000.00

Schlp Justin Hartledge 1,000.00 1,000.00

Schlp Dr Shirley C Raines 4,750.00 4,750.00

105

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp First Scholars Fund 50,000.00$ 50,000.00$

Schlp 3L Class Scholarship Fund 4,024.00 4,024.00

Schlp Barnhart Engineering 1,500.00 1,500.00

Schlp Babaoglu Book 1,000.00 1,000.00

Schlp Smith Clinical Nutrition 775.00 775.00

Schlp Bank TN Wilder Law School 1,500.00 1,500.00

Schlp Fndn Gen Scholarship Fund 2,900.00 2,900.00

Univ Ed Leadership Schlp 69,620.00$ 53,217.50 16,402.50$

Schlp Jamille Kizer for Books 500.00 500.00

Schlp Mashburn Choral Music Ed 5,000.00 5,000.00

Schlp Assn Cert Fraud Examiners 500.00 500.00

Schlp Faculty Emeritus 48,000.00 48,000.00

Schlp Rosie Phillips Bingham Bk 1,000.00 1,000.00

Schlp Wyatt Tarrant Combs hnr Hooks 15,000.00 15,000.00

Schlp Jay Uiberall Legacy Fund 2,000.00 2,000.00

Schlp Beesley Mem in Civil Engr 3,300.00 3,300.00

Schlp MIS Advisory Council 6,000.00 6,000.00

Schlp Lamar Bell 6,250.00 6,250.00

Schlp William P Roberts Mem Fnd 500.00 500.00

Schlp Anonymous Donor Fund 23,742.00 23,742.00

Schlp Prof Spiceland for Acctncy 1,540.00 1,540.00

Schlp Mary McGaughran 3,500.00 3,500.00

Schlp Steven Slack Fel 1,500.00 1,500.00

Schlp Robilio Law 500.00 500.00

Schlp Goddard Foundation 2,000.00 2,000.00

Schlp Evolve Bnk Mem E J House Jr 5,000.00 5,000.00

Schlp Dempsey and Elvire Chalmers 500.00 500.00

Schlp Geo and Betty Johnson 5,000.00 5,000.00

Schlp Young Alumni Legacy 500.00 500.00

Schlp Raymond and Maxine Bratcher 3,640.00 3,640.00

Schlp Edward B Orio Memorial 1,280.00 1,280.00

Schlp CFMA Memphis Chapter 3,000.00 3,000.00

Schlp Jackson Lewis LLP 5,000.00 5,000.00

Schlp Daniel Pearl Award 2,000.00 2,000.00

Schlp Raines Family Schlp Fund 3,420.00 3,420.00

Schlp Shakeel Family Fund 1,700.00 1,700.00

Schlp Colg of Engr Alum Chpt Bk 1,500.00 1,500.00

Schlp Breast Cancer Eradication 1,500.00 1,500.00

Schlp Mid So Compensation Assn 2,000.00 2,000.00

Schlp Eunice B Ordman 9,000.00 9,000.00

Schlp Mech Engr Alum Fac Frnds End 2,100.00 2,100.00

Schlp James F Link 5,000.00 5,000.00

Schlp Chas and Virginia Dickey 1,380.00 1,380.00

Schlp Nathan Josel Memorial Fund 400.00 400.00

Schlp Thompson Dunavant 2,500.00 2,500.00

Schlp Kimmelman Scholars Prog Fund 117,600.00 117,600.00

Schlp Holland Simms Memorial 1,250.00 1,250.00

Schlp Ernest W Pegram Business 4,780.00 4,780.00

Schlp CC Humphreys Presidential Hnr 1,980.00 1,980.00

106

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp Dr Roger Hiatt PreMed Studies 1,200.00$ 1,200.00$

Schlp W B Dunavant Jr Sply Chain 2,100.00 2,100.00

Schlp Zummach Book Schlp in Educ 1,000.00 1,000.00

Schlp Metro Memphis Htl Ldgng Assoc 5,000.00 5,000.00

Schlp Kimberly and Stephen Hale End 2,615.00 2,615.00

Schlp Martin and Becky Zummach 1,000.00 1,000.00

Schlp Federal Court Bench and Bar 10,000.00$ 10,000.00 10,000.00 10,000.00$

Schlp Turetzky Family 2,000.00 2,000.00

Schlp Harris Shelton Hanover Walsh 1,180.00 1,180.00

Schlp Mathis Family Insurance 1,940.00 1,940.00

Schlp Dr John D Ray Memorial Fel 1,500.00 1,500.00

Schlp J Weaver Memorial Intr Design 500.00 500.00

Schlp Dr Mitzi Pitts MIS 1,420.00 1,420.00

Schlp Dinkelspiel Family 2,010.00 2,010.00

Schlp Fred P Gattas Family 6,430.00 6,430.00

Schlp Matthew Seth McGaughran Fund 12,500.00 12,500.00

Schlp Smith and Nephew Engr Exclnc 1,500.00 1,500.00

Schlp Emalie Appleton Brooks Endow 1,660.00 1,660.00

FEL Lawrence and Sarah Wynn English 9,550.00 9,550.00

Schlp Josephine Circle 1,230.00 1,230.00

Schlp Israel and Alisa Kamin Meml 1,500.00 1,500.00

Schlp Reed Baskin Legacy 2,420.00 2,420.00

Schlp Neva McMahon Emergency Fund 250.00 250.00

Schlp George Klein Endowed 2,700.00 2,700.00

Schlp June W and Harvey Maxwell Sr 4,090.00 4,090.00

Schlp Santi Family Legacy 1,000.00 1,000.00

Schlp Dr Thomas N Stern PreMed 4,000.00 4,000.00

Schlp Ferris Hooshmand 2,500.00 2,500.00

Schlp Anna Caroline Menkel 2,090.00 2,090.00

Schlp G Douglas Edwards Family 5,190.00 5,190.00

Schlp Balton and Associates 1,730.00 1,730.00

Schlp Samuel Boswell 500.00 500.00

Schlp W Harry Feinstone Bus Schlrs 18,935.00 18,935.00

Schlp Stacy Sprinkle Memorial 1,340.00 1,340.00

Schlp Joe and Lila Norton 1,000.00 1,000.00

Schlp George W Etheridge 1,220.00 1,220.00

Schlp UofM Wives Endowed Legacy 1,710.00 1,710.00

Schlp 1st TN Fndn Emerging Leaders 2,000.00 2,000.00

Schlp Robert Kelley Memorial 500.00 500.00

Schlp Allen J Hammond Memorial 1,720.00 1,720.00

Schlp Richard Ranta WREG TV 1,000.00 1,000.00

Schlp LRK Inc in CCFA 1,000.00 1,000.00

Schlp SFI of Tennessee 1,400.00 1,400.00

Schlp Dr Neil Southern Logistics 1,990.00 1,990.00

Schlp FCBE Alumni Undergraduate 4,940.00 4,940.00

Schlp Jack Wallace 1,570.00 1,570.00

Schlp Schadt Foundation Book Fund 3,876.04 3,876.04

Schlp Marcus Orr Humanities 4,920.00 4,920.00

Award Music Memorial 3,100.00 3,100.00

107

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp Saul Brown 700.00$ 700.00$

Award Kathy Krieger Memorial 1,600.00 1,600.00

Schlp Dana Johnson 1,400.00 1,400.00

Schlp Rosetta I Miller 500.00 500.00

Schlp Flora Rawls 21,228.00 21,228.00

Schlp Kaltenborn Mathematics 4,080.00 4,080.00

Schlp Allen Bussell 200.00$ 200.00$

Schlp Wm and Ruth Loewenberg 10,190.00 10,190.00

Schlp Skeeter Gowen Memorial 2,530.00 2,530.00

Schlp KIX 106 1,400.00 1,400.00

Schlp Edward T Browne 1,000.00 1,000.00

Schlp Priscilla Rushton Biology 1,000.00 1,000.00

Schlp Omar E Smith 500.00 500.00

Schlp Don Farley 800.00 800.00

Schlp Naseeb Shaheen 2,790.00 2,790.00

Schlp Clarence and Mae Weiss 2,000.00 2,000.00

Schlp Mary P Thomas 3,020.00 3,020.00

Schlp Donald and Mary Vaughn 1,600.00 1,600.00

Schlp Van Walton 2,600.00 2,600.00

Schlp John Wilcox 5,620.00 5,620.00

Schlp R P and Dorothy Clark 5,480.00 5,480.00

Schlp Tim Treadwell III Regions Bnk 2,700.00 2,700.00

Schlp John M Tully Regions Bank 2,090.00 2,090.00

Schlp Frank Ahlgren 1,600.00 1,600.00

Schlp Claude T Coffman Memorial 3,620.00 3,620.00

Schlp Paul Y Isbell Memorial 1,500.00 1,500.00

Schlp John P Jones 1,300.00 1,300.00

Schlp Wm B Leffler Scholastic Award 3,390.00 3,390.00

Schlp Phi Kappa Phi 1,800.00 1,800.00

Schlp Elvis Presley 3,000.00 3,000.00

Schlp Carroll Bowman 1,620.00 1,620.00

Schlp Belle McWilliams 2,500.00 2,500.00

Schlp Tom Owen 2,030.00 2,030.00

Schlp R W Jennings 1,380.00 1,380.00

Schlp Elkington Land Use Dev 870.00 870.00

Schlp Kiwanis Club 3,540.00 3,540.00

Schlp J McClendon Highland 100 3,600.00 3,600.00

Schlp Abe Waldauer 4,790.00 4,790.00

Schlp Richard Whitmore 2,600.00 2,600.00

Schlp Raymond and Myrlie Coltharp 2,000.00 2,000.00

Schlp Dempsie Morrison Jr Memorial 7,112.00 8,971.00 16,083.00

Schlp James E McGehee Memorial 2,100.00 2,100.00

Schlp Memphis High School Alumni 2,350.00 2,350.00

Schlp Eleanor O'Neil 3,810.00 3,810.00

Schlp Robert Johnson 2,300.00 2,300.00

Schlp Elba Gandy Memorial Music 3,500.00 3,500.00

Schlp Ethel Maxwell 2,800.00 2,800.00

Schlp Frances Austin 2,600.00 2,600.00

Schlp Herbert Hermann Memorial 1,600.00 1,600.00

108

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp Sharon Hansard 5,870.00$ 5,870.00$

Award Judge John D Martin 3,350.00 3,350.00

Schlp Exchange Club 3,030.00 3,030.00

Schlp Herff Law 235,766.00 235,766.00

Schlp Calvin Street 2,800.00 2,800.00

Schlp Faculty Staff 6,520.00 6,520.00

Schlp Harold W Perry 2,918.00 2,918.00

Schlp E Taylor and Mary Richardson 23,987.00 23,987.00

Schlp E A Hamilton 1,200.00 1,200.00

Schlp John and Myrtle Richardson 8,442.00 8,442.00

Schlp Henry and Lena Meyer Kahn 29,456.00 29,456.00

Schlp Leslie Gruber 3,150.00 3,150.00

Schlp Fisher Maher 4,548.00 4,548.00

Schlp Billy J Murphy 3,100.00 3,100.00

Schlp Clement Santi 2,200.00 2,200.00

Schlp Cleve Drennon 5,150.00 5,150.00

Schlp Herff Leadership 19,760.00 19,760.00

Schlp Ernest C Ball 750.00 750.00

Schlp Milton Addington 1,650.00 1,650.00

Schlp College of Education Alumni 6,000.00 6,000.00

Schlp Billy Mac Jones 2,200.00 2,200.00

Schlp Prof W Walton Garrett 2,280.00 2,280.00

Schlp Charlie Rich 325.00 325.00

Schlp Jos N and Nancy Mitchell 17,700.00 17,700.00

Schlp Andrew Settles 3,000.00 3,000.00

Schlp Memphis Gridiron Show 10,500.00 10,500.00

Schlp Associated Gen Contractors 5,000.00 5,000.00

Schlp Bob Baker 1,300.00 1,300.00

Schlp Paul Y Isbell 1,400.00 1,400.00

Schlp Henry Scharff 7,880.00 7,880.00

Schlp 100 Club 1,850.00 1,850.00

Schlp Sam Phillips 2,000.00 2,000.00

Schlp Andrew Wray 2,330.00 2,330.00

Schlp Charles Griesbeck 2,390.00 2,390.00

Schlp Keystone Labs 1,570.00 1,570.00

Schlp William H Zuber 1,200.00 1,200.00

Schlp Russell Jones 1,700.00 1,700.00

Schlp Authur Holmon 1,200.00 1,200.00

Schlp Alumni 8,500.00 8,500.00

Schlp Eliz and Harold Robinson Educ 13,500.00 13,500.00

Schlp Eliz and Harold Robinson CCFA 36,000.00 36,000.00

Award James Doyle Appling 45.00$ 45.00$

Schlp Saint Francis Hsp Aux Nursing 3,140.00 3,140.00

Schlp Tom R Price Regions Bank 1,530.00 1,530.00

Schlp Verna T Sharp 1,760.00 1,760.00

Schlp Tillie Blen Alperin 1,540.00 1,540.00

Schlp Jerome Rosengarten 1,060.00 1,060.00

Schlp Hohenberg Foundation 500.00 500.00

Schlp Engr Club Proutt Memorial 2,100.00 2,100.00

109

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp Kenneth Turner 1,000.00$ 1,000.00$

Schlp Nell W Baugh 2,500.00 2,500.00$

Schlp D C Lemmon 1,400.00 1,400.00

Schlp Wm and Martha Donigan 1,830.00 1,830.00

Schlp Davies Rodgers 3,430.00 3,430.00

Schlp Frances Davies 3,060.00 3,060.00

Schlp Bailey W Prichard Memorial 3,320.00 3,320.00

Schlp Ratner and Sugarmon 5,293.00$ 500.00 4,793.00

Schlp James and Donna Springfield 2,600.00 2,600.00

Schlp Roy and Sue Black 11,140.00 11,140.00

Schlp Donald and Susan Polden 1,590.00 1,590.00

Schlp Watkin Keenan 805.00 805.00

Schlp Matt Smith Memorial 1,000.00 1,000.00

Schlp Soc for Tech Communication 1,300.00 1,300.00

Schlp John Hughes 1,000.00 1,000.00

Schlp Mildred Reeves 2,080.00 2,080.00

Schlp Ronnie Price 1,950.00 1,950.00

Schlp E I Crawford 3,570.00 3,570.00

Schlp S L Kopald Jr 2,750.00 2,750.00

Schlp InterContinental Hotels Group 16,869.00 16,869.00

Schlp Morgan Morton 25,600.00 25,600.00

Schlp Joseph Lewis 1,630.00 1,630.00

Schlp John C Hough 2,760.00 2,760.00

Schlp G Lasko SIM Memphis Chpt Mem 1,850.00 1,850.00

Schlp Sysco Memphis LLC 2,700.00 2,700.00

Schlp Donald Carson 6,000.00 6,000.00

Schlp Evans and Petree Law Firm 1,520.00 1,520.00

Schlp James E Thomas 1,550.00 1,000.00 550.00

Schlp Law Alumni Board 8,417.00 8,417.00

Schlp Ed Scholar Program 17,788.00 17,788.00

Schlp FCBE High Ability Student 2,000.00 2,000.00

Schlp Josie Helming 1,000.00 1,000.00

Schlp Maude and Thomas Littlejohn 4,500.00 4,500.00

Schlp Weston Brooks 2,000.00 2,000.00

Schlp Eunice Jordan 3,000.00 3,000.00

Schlp Law Alumni Bd Honor Student 3,000.00 3,000.00

Schlp Weston Co in Mem S Franklin 100.00 100.00

Schlp Frank Flautt Endowment 10,000.00 10,000.00

Schlp Retirees Memorial 1,000.00 1,000.00

Schlp Dr B E Gilliland 3,850.00 3,850.00

Schlp John Q Hammons 9,000.00 9,000.00

Schlp Huey's Corp 1,360.00 1,360.00

Schlp Papasan Family 3,040.00 3,040.00

Schlp Glazer Nursing 1,540.00 1,540.00

Schlp Lounsbury Geology 2,800.00 2,800.00

Schlp Dr Paul Sisco 1,000.00 1,000.00

Schlp Elma Roane 3,630.00 3,630.00

Schlp J H Shepherd 7,370.00 7,370.00

Schlp Thelma and Richard Lynch Sr 4,220.00 4,220.00

110

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013






Schlp Edward and Bernice Humphreys 13,603.00$ 13,603.00$

Schlp Furr Bowman 1,240.00 1,240.00

Schlp Shelton and Brucene Harrison 2,170.00 2,170.00

Schlp Regina Montesi Memorial 3,470.00 3,470.00

Schlp Univ College Alumni Chapter 900.00 900.00

Schlp David A Collins ODK 3,000.00 3,000.00

Schlp Memphis Ins Prof Beaumont Mem 1,520.00 1,520.00

Schlp Ethel Lewis 714.00 714.00

Schlp Shelby Group 4,410.00 4,410.00

Schlp Lettie Pate Whitehead Fndn 85,377.00 85,377.00

Schlp Mark Sowards 2,840.00 2,840.00

Schlp Risk and Insurance Mgmt Soc 500.00 500.00

Schlp Presser Foundation 9,000.00$ 4,800.00 4,200.00$

Schlp J A Wollert 942.00 20.00 962.00

Schlp Perkins Restaurant 1,500.00 1,500.00

Schlp P Schwartz Opportunity Fund 0.22 0.22

Schlp Virginia M and Dan Norton 1,000.00 1,000.00

Schlp Mayo Heritage Room Endowment (0.50) (0.50)

Schlp John Dabrowski Law 80.00 80.00

Schlp BMJR&G Judicial Endow Fund 1,900.00 1,900.00

Total 1,025,628.77$ 67,104,683.85$ 3,317.14$ 1,371.43$ 67,342,447.00$ 789,811.33$

Fellowships

Schlp Amy E Spain 4,260.00$ 4,260.00$

FEL AUSLP Alumni 206.49$ 206.49$

FEL Olin F Morris 66,622.56 139.18$ b 1,000.00 65,761.74

Award Roland Frye 465.62 465.62

FEL Kenneth and Janet Austin 660.00 660.00

FEL University of Memphis Society 2,110.00 2,110.00

FEL Humko Doctoral 175.82 154.08 b 175.82$ j 154.08

FEL R B Sweeney 2,700.00 1,000.00 1,700.00

FEL Julius Davies 1,100.00 1,100.00

FEL Part Time Master 4,500.00 4,500.00

FEL Barbara Tuckman 3,010.00 3,010.00

FEL J W Brittan Egyptology 1,400.00 1,400.00

Schlp H H McKnight Memorial Law 4,690.00 4,690.00

FEL Kathryn Hookanson 5,370.00 5,370.00

FEL Robert and Elaine Hoffmann 6,830.00 6,830.00

Schlp Maxwell McDade Sr Memorial 1,500.00 1,500.00

FEL Peter Neathery 1,000.00 1,000.00

Total 70,170.49$ 36,430.00$ 293.26$ 175.82$ 38,430.00$ 68,287.93$

Total Scholarship and Fellowships 1,095,799.26$ 67,141,113.85$ 3,610.40$ 1,547.25$ 67,380,877.00$ 858,099.26$

111

SCHEDULE 4

Balance


Endowment

Income Other Other

Indirect Cost


Balance

June 30, 2013





Auxiliary Enterprises

Student Housing

CWSP Residence Life 1,019.40$ 1,019.40$

Gifts Residence Life 5.36$ 5.36

Total 5.36$ 1,019.40$ 1,024.76$

Total Auxiliary Enterprises 5.36$ 1,019.40$ 1,024.76$

Total Current Restricted Funds 5,519,174.35$ 102,775,855.05$ 1,936,947.08$ 3,220,390.27$ 1,547.25$ 5,095,536.75$ 102,057,882.67$ 6,297,400.08$

a. Interfund Transfer d. State Appropriation g. Royalty Income j. Transfer to Endowment Funds

b. Interest Income e. Sales & Services h. Student Fees

c. Rental Income f. Prior Year Correction i. NCAA Conference Distribution

112

SCHEDULE 5

Additions Fund Assets

Notes Available

Balance Other Deductions Balance Receivable for Loan

June 30, 2012 Interest (Footnotes) (Footnotes) June 30, 2013 June 30, 2013 June 30, 2013

U.S. GOVERNMENT PARTICIPATION LOAN FUNDS

Perkins Loans

Federal 4,374,202.91$ 84,657.00$ 40,876.58$ a 4,417,983.33$ 3,751,887.99$ c 666,095.34$

University 787,173.53 11,569.71 5,586.42 b 793,156.82 437,219.01 d 355,937.81

TOTAL PERKINS LOANS 5,161,376.44$ 96,226.71$ 46,463.00$ 5,211,140.15$ 4,189,107.00$ 1,022,033.15$

Nursing Loans

Federal 1,599.27$ 1,599.27$ 1,599.27$

University 177.71 177.71 177.71

TOTAL NURSING LOANS 1,776.98$ 1,776.98$ 1,776.98$

TOTAL U.S. GOVERNMENT PARTICIPATION

PARTICIPATION LOAN FUNDS LOAN FUNDS 5,163,153.42$ 96,226.71$ 46,463.00$ 5,212,917.13$ 4,190,883.98$ 1,022,033.15$

INSTITUTIONAL LOAN FUNDS-RESTRICTED-OTHER

Herbert Herff Registration 1,160,587.06$ 76,385.64$ 3,709.66$ e (2,697.02)$ f 1,243,379.38$ 285,721.04$ 957,658.34$

American Association of University Women 2,354.32 4.99 2,359.31 2,359.31

Kappa Lambda Sigma Phi Lambda Delta 2,360.25 5.00 2,365.25 2,365.25

Phi Delta Kappa 7,925.69 16.78 7,942.47 7,942.47

Zonta Club 1,232.89 2.60 1,235.49 1,235.49

Marketing 11,982.62 25.35 12,007.97 12,007.97

Accountancy 3,917.00 8.30 3,925.30 3,925.30

General E.R. Cook 8,770.45 18.58 8,789.03 8,789.03

General Ralph Wooten 76,375.05 (626.06) 75,748.99 16,543.54 g 59,205.45

William E. Smith Memorial 14,181.25 30.04 14,211.29 14,211.29

Chester P. Freeman 399,704.01 6,237.14 3,856.66 h 33,766.06 i 376,031.75 376,119.82 j

Bess H. Freeman 27,333.45 198.81 376.24 h 1,259.63 k 26,648.87 26,648.87 l

CIOS 630.18 630.18 42,285.07 m 25,617.43

International Student Registration 8,353.64 18.66 8,372.30 (645.38) 9,017.68

TOTAL INSTITUTIONAL LOAN FUNDS

RESTRICTED - OTHER 1,725,707.86$ 82,325.83$ 7,942.56$ 32,328.67$ 1,783,647.58$ 746,672.96$ 1,104,335.01$

TOTAL LOAN FUNDS 6,888,861.28$ 178,552.54$ 7,942.56$ 78,791.67$ 6,996,564.71$ 4,937,556.94$ n 2,126,368.16$

a. Loan cancellations $40,290.48; collection costs $586.10 h. Endowment income

b. Loan cancellations $5,506.32; collection costs $80.10 i. Reverted to endowment funds in compliance with terms of endowment $36,424.81; collection costs ($2,658.75)

c. Notes receivable $3,546,708.13; accrued interest $205,179.86 j. Notes receivable $368,329.66; accounts receivable $7,702.09

d. Notes receivable $408,219.01; accounts receivable $29,000.00 k. Reverted to endowment funds in compliance with terms of endowment $1,259.63

e. Investment income $1,969.66; processing income $1,740.00 l. Notes receivable $25,794.71; accounts receivable $854.16

f. Collection costs ($2,697.02) m. Notes receivable $42,108.00; accounts receivable $177.07

g. Notes receivable $16,543.54 n. Notes receivable $4,899,735.55; accounts receivable $37,733.32


STATEMENT OF CHANGES IN FUND BALANCES - LOAN FUNDS


113

SCHEDULE 6


SCHEDULE OF CHANGES IN FUND BALANCES - ENDOWMENT FUNDS


Additions Income for

Balance Income Added Other Balance Year Ended

July 1, 2012 to Principal (Footnotes) June 30, 2013 June 30, 2013

ENDOWMENT FUNDS

Income Restricted

P. H. Manning 42,942.77$ 42,942.77$ 90.88$

R. C. Anderson 25,000.00 25,000.00 52.92

Isaac Hayes 10,000.00 10,000.00 21.16

General Ralph Wooten 10,000.00 10,000.00 146.25

R. A. Tilson 262,617.97 262,617.97 555.76

Chester P. Freeman 2,113,164.46 42,750.85$ a 2,155,915.31 4,516.37 b

Bess L. Henderson Freeman 153,850.41 1,259.63 a 155,110.04 327.48

Avron B. Fogelman Baseball Scholarship 26,777.90 65.36 c 26,843.26 56.70

A. Eugene "Doc" Smith Scholarship 27,853.68 67.98 c 27,921.66 58.98

Student Activity Fee 291,088.27 291,088.27 615.98

Coca-Cola Endowment Scholarship for Spirit Squad 507,261.89 1,238.09 c 508,499.98 1,073.80

Joe Rutherford Memorial Scholarship 31,010.00 31,010.00 65.62

Humko Doctoral Fellowship Endowment Fund 72,744.01 1,000.00$ 175.82 c 73,919.83 154.08

Morgan Keegan Endowed Fund in Finance 96,313.07 96,313.07 203.82

Endowment for the Center for the Humanities 50,000.00 50,000.00 105.79

Ralph Hatley Scholarship 38,883.21 38,883.21 82.29 -

TOTAL ENDOWMENT AND SIMILAR FUNDS 3,759,507.64$ 1,000.00$ 45,557.73$ 3,806,065.37$ 8,127.88$

a. Increase in endowment from repayment of loans and revenue which reverted to principal in accordance with terms of endowment

b. University of Southern Misissippi receives 25% of annual earnings

c. Income which reverts to principal in accordance with terms of endowment

114

SCHEDULE 7


SCHEDULE OF CHANGES IN FUND BALANCE - UNEXPENDED PLANT FUNDS


Additions

Total Balance Intrafund Other Other Balance

Project Budget June 30, 2012 Transfers (Footnotes) Land Buildings Equipment (Footnotes) June 30, 2013

UNEXPENDED PLANT FUNDS

LAND PURCHASES

Local Funds

Campus Additions 722,152$ 1,831,004.48$ 10,757,790.83$ a 9,290,340.00$ 978,802.45$ b 2,319,652.86$

Tennessee State General Obligation

Bond Authority Funding

Land Acquisition Program 1,840,597 1,997,152.83 88,264.00$ 68,291.75 c 1,840,597.08

TOTAL LAND PURCHASE 3,828,157.31$ 10,757,790.83$ 88,264.00$ 9,290,340.00$ 1,047,094.20$ 4,160,249.94$

NEW CONSTRUCTION

State Capital Outlay Appropriation

Community Health Facility 1,153,484$ 158,126.89$ 158,126.89$

Biochemistry and Biology Facility 850,000 289,768.14 235,228.64 54,539.50$

Tennessee State School Bond

Bond Authority Funding

New Student Housing 51,000,000 50,912,131.11 1,913,755.11 48,998,376.00

Local Funds

Law School Close Out 316,576 171,236.53 93.53$ d 73,111.36 98,218.70

New Student Housing 1,750,000 1,000,000.00 750,000.00 e 47,293.82 1,702,706.18

Community Health Facility 2,100,000 2,100,000.00 2,101,979.61 f 1,177,736.72 2,100,000.00$ g 924,242.89

Biochemistry & Biology Facility 1,200,000 1,200,000.00 1,200,000.00$ 1,200,000.00 g 1,200,000.00

Women's Softball Training Facility 450,000 450,000.00 ag 3,000.00 447,000.00

West Hall Student Housing Rep 1,900,000 35,656.45 900,000.00 e 25,155.00 9,288.70 c 901,212.75

Carpenter Student Housing Additions 395,260.01 395,260.01 i

TOTAL NEW CONSTRUCTION 56,262,179.13$ 1,200,000.00$ 4,202,073.14$ 3,633,407.54$ 3,704,548.71$ 54,326,296.02$

MAJOR RENOVATIONS

Tennessee State School Bond

Authority Funding

Performance Contracting 260,626.50$ (260,626.50)$ j

Carney-Honston Dormitory 3,000,000$ 3,000,000.00 j 591,484.88$ k 2,408,515.12$

Housing Sprinkler Upgrades 3,000,000 3,000,000.00 j 90,984.80 k 2,909,015.20


Various Roof Replacements 5,600,000 5,431,570.63 2,984,247.12 k 2,447,323.51

Various Building HVAC Updates 3,000,000 3,000,000.00 l 25,826.78 k 2,974,173.22

Underground Utility Updates 3,000,000 3,000,000.00 l 197,950.25 k 2,802,049.75

Accessibility ADA Adaption III 751,378 666,302.67 50,000.00 l 252,656.09 k 463,646.58

Elevator Modernization 4,210,000 773,058.22 2,000,000.00 l 1,126,536.07 k 1,646,522.15

Access and Security Updated 4,210,000 4,094,450.56 151,867.80 k 3,942,582.76

Engineering Complex HVAC Fire Services 5,970,000 99,165.03 4,484.00$ 94,681.03

Local Funds

Railroad Pedestrian Improve 331,963 311,628.00 19,950.20 k 291,677.80

South Hall Fire Safety Upgrades 1,000,000 783,363.54 445,882.52 k 337,481.02

Carney Johnston Dorm Lambuth Maintenance 486,000 465,722.71 1,706.74 m 427,495.48 z 39,933.97

Research Facilities Improvements 1,145,000 200,000.00$ 945,000.00 o 29,628.81 1,115,371.19

Fieldhouse - Gifts 625,000 625,000.00 n 507,053.25 k 117,946.75

Deductions

115

SCHEDULE 7




Additions



Deductions

MAJOR RENOVATIONS (Continued)

Tennessee State School Bond (Continued)

Local Funds (Continued)

Traffic and Circulation 542,532$ 542,532.00$ o 542,532.00$

RT Cooling Tower Noise Insulation 8,000 8,000.00$ 385.60$ c 7,614.40

Ctrl Ave Parking Lot Reconfigure 2,500,000 443,658.29$ 443,658.29

Parking Improvements 32,978.11 32,978.11 i

Richardson Towers Brick Repairs 380,482.13 380,482.13 p

Law School - Gifts 500,000 11,888.64 11,888.64$

WT Brick Façade Restoration 100,000.00 (100,000.00)

Student Activities Complex UC Renovation Interest 497,431 35,948.63 1,536.24 d 37,484.87

University Center Renovation 20,660,000 1,001,171.02 100,000.00 e 319,836.79 93,381.00 c 687,953.23

TOTAL MAJOR RENOVATION 14,892,014.68$ 108,000.00$ 16,005,148.48$ 365,838.24$ 7,329,162.08$ 23,310,162.84$

SPECIAL PROJECTS


Drainage Corrections 4,450,000$ 902,831.96$ 902,831.96$

South Campus Electric and Gas Modification 5,110,000 210,639.67 73,414.15$ k 137,225.52

Variable Flow Pumping 3,940,000 126,029.12 5,711.36 k 120,317.76

Capital Projects Administrative Cost Allocation 25,381.76$ l 25,381.76 c

Local Funds

Theater Upgrade 1,601.81 1,601.81 g

Crews Ventures Lab - Foundation 65,000 32,854.68 30,889.05 c 1,965.63

Additional Signage Initiative 375,000 450,000.00 (75,000.00)$ 375,000.00

Wilder Tower Research Upper F Buildout 460,000.00 460,000.00

Field House Phase 2A 1,724,300 679,321.00 974,300.00 1,653,621.00 k

Field House Phase 2B 975,000.00 (974,300.00) 700.00 k

Child Care Center Playground 78,990.76 50,278.39$ 28,712.37 q

Lambuth Nursing Furniture 83,000.00 2,183.06 o 84,041.47 aa 1,141.59

Lambuth Nursing Construction/Equip Install 141,563.29 2,783.92 o 144,347.21 c

Desoto Herzog Repair and Repave 150,000.00 150,000.00 r

Normal St. Repair and Repave 142,000.00 150,000.00 e 292,000.00 s

AO Building Lot Overlay & Restripe 205,000.00 205,000.00 t

GS Family Housing St & Parking - Patching 250,000.00 250,000.00 u

Goodman Street Repair and Repave (136,000.00) 136,000.00 e

Building 28 Demolition 33,748.00 33,748.00 c

Life Science 301 Lab Renovation 216,000 216,000.00 o 191,494.46 22,026.53 c 2,479.01

Smith Chemistry 316 Mods for BYOD 200,000 100,000.00 100,000.00 o 200,000.00

Bus Shuttle Shelters 110,000 110,000.00 e 15,900.00 6,360.00 c 87,740.00

UC AV Componets 875,000 875,000.00 e 875,000.00

RT Parking Lot Fence 18,000 18,000.00 e 18,000.00

Manning Hall Suites 404 & 406 112,083 112,083.00 o 22,161.08 89,921.92

Finance Trading Lab 408,000 408,000.00 o 408,000.00

Lambuth Improvements 400,000 400,000.00 o 400,000.00

Engineering Lot Pave and Restripe 610,000 136,000.00 474,000.00 e 610,000.00

Crews Venture Lab Lot Pave Restripe 210,600 210,600.00 e 210,600.00

116

SCHEDULE 7




Additions



Deductions

SPECIAL PROJECTS (Continued)

Local Funds (Continued)

Admin. 301 Interior Updates 22,000$ 22,000.00$ o 21,391.83$ c 608.17$

LS Construction - Foundation 2,122.00$ (2,122.00) n

Campus Signage Modernization 475,000 139,297.01 75,000.00$ 180,997.47 c 33,299.54

Field House Fire Alarm 325,000 302,488.49 106,816.77 k 195,671.72

S Campus Safety and Lighting Upgrade 9,946.06 9,946.06 v

Mechanical Roof Screen 78,000.00 78,000.00 w

Legal Clinic Elevator 87,000.00 87,000.00 x

Park Ave Heating Plant Demolition 366,251 323,910.02 (33,749.00) 22,364.00$ 12,805.22 c 254,991.80

Echles Field Lighting Green Fee 470,000 57,122.66 57,122.66

Wilder Tower 9th Upper F 12,235.25 12,235.25 g

SC Boiler House/Robison Hall Asbestos Removal 220,192 84,406.34 33,192.00 o 12,879.00 c 104,719.34

Mynders and South Hall Exterior Repairs 38,303.03 38,303.03 i

Brister & Jones Hall HVAC - Green Fee 350,000 161,114.15 1,231.44 k 159,882.71

AV Systems and Controls 635.47 (635.47)

Jones Hall VAV Box Replacement I 36,023.68 (36,023.68)

Fume Hood Replacement -Gifts 151,992 (22,492.19) 22,492.19 o

Deferred Maintenance - Phase III FP 19,000 19,000.00 36,023.68 55,023.68

Deferred Maintenance Phase III PP 588,268 357,000.47 (8,000.00) 507,797.00 o 268,529.84 c 588,267.63

Master Plan Update 400,000 400,000.00 o 400,000.00

Field House Renovation - Gift (187,193.23) 187,193.23

Dedex Baseball Park - Gift 10,000.00 n 10,000.00

Finch Center Addition - Gift 187,193.23 (187,193.23) 16,163.93 n 16,163.93 c

Football Training Center (1,250,000.00) 1,250,000.00 129,616.20 n 29,712.20 99,904.00 c

Liberty Bowl Scoreboard 1,250,000.00 (1,250,000.00) 1,250,000.00 n 1,250,000.00

Outdoor Track Soccer Renovation 24,450.00 n 24,450.00

Facility Fee Project 153,100.81 (1,060,000.00) 1,013,662.89 o 106,763.70

Roof Tile Maintenance 5,000 5,000.00 5,000.00

Unallocated Funds from Completed Projects 39,174 39,174.19 1.00 39,175.19

Extraordinary Maintenance 428,566.53 100,000.00 50,000.00 o 578,566.53

Major Maintenance 440,555 1,126,395.11 77,557.97 673,806.21 y 530,146.87

Facility Fees - Lambuth PP 30,363 59,000.00 28,637.00 c 30,363.00

Classroom Improvement 565,163 385,979.13 150,000.00 308,214.69 c 227,764.44

Facility Fees - Lambuth 64,091.09 (59,000.00) 116,302.54 o 121,393.63

Facility Fee 1,669,779 859,579.76 810,635.47 317,754.97 c 1,352,460.26

Deferred Maintenance Phase II 18,200,000.00 13,810,160.00 o 3,200,000.00 g 28,810,160.00

Utilities Fluctuation Energy conservation 3,898,728 3,179,205.10 880,000.00 o 649,067.88 ac 3,410,137.22

University Renovations 9,802 8,100.71 8,100.71

TOTAL SPECIAL PROJECTS 31,046,629.35$ 147,065.78$ 21,523,746.49$ 1,616,360.13$ 9,131,239.30$ 41,969,842.19$

MOE FUND PROJECTS

Math Redesign - 384 Patterson 11,769.04$ 11,769.04$ g

Environmental Graphics Plan - Stimulates 100,000$ 22,360.59 12,224.65 c 10,135.94$

Underground Utility Mapping 30,000 30,000.00 5,710.00 c 24,290.00

TOTAL MOE FUND PROJECTS 64,129.63$ 29,703.69$ 34,425.94$

117

SCHEDULE 7




Additions



Deductions

NON-RECURRING STATE FUND

Law School HVAC Replacement 4,601,694$ 1,186,460.88$ 1,069,741.16$ k 116,719.72$

Administration Building Renovation 1,565.33 1,565.33 g

Robison Hall Renovation 3,150,000 1,706,771.48 (1,400,000.00)$ 17,735.46$ 5,107.45 c 283,928.57

Interior Facility Improvements 1,100,000 416,680.38 330,651.06 65.81 c 85,963.51

Campus Energy Savings & Safety 583,062 87,887.55 2,044.92 k 85,842.63

Several Building Envelope Repairs 1,300,000 211,610.42 148,897.67 k 62,712.75

TOTAL NON-RECURRING STATE FUND 3,610,976.04$ (1,400,000.00)$ 348,386.52$ 1,227,422.34$ 635,167.18$

UNALLOCATED

Local Funds

Unallocated Local Funds 32,978.72$ (56,065.78)$ 22,087.06$ d

TOTAL UNALLOCATED 32,978.72$ (56,065.78)$ 22,087.06$

TOTAL UNEXPENDED PLANT FUNDS

BEFORE ADJUSTMENT 109,737,064.86$ 52,510,846.00$ 88,264.00$ 15,254,332.43$ 22,469,170.32$ 124,436,144.11$

ADJUSTMENTS

Amounts on Deposit with State Treasurer

Representing Unexpended State Appropriations (12,820,630.78)$ (2,833,950.85)$ ad (15,654,581.63)$

Adjustment for TSSBA Authorizations for which Bonds

have not been issued (51,172,757.61) (3,143,148.71) ae (54,315,906.32)

Adjustment for General Bond Authorizations for which

Bonds have not been issued (1,997,152.83) 156,555.75 af (1,840,597.08)

TOTAL ADJUSTMENTS (65,990,541.22)$ (5,820,543.81)$ (71,811,085.03)$

TOTAL UNEXPENDED PLANT FUNDS 43,746,523.64$ 46,690,302.19$ 88,264.00$ 15,254,332.43$ -$ 22,469,170.32$ 52,625,059.08$

118

SCHEDULE 7




a. Transfer From Funds for Renewals and Replacement 535,035.82$ q. Costs Not Considered Capital Expenditures 5,428.37$

Gifts-in-kind Lambuth 9,729,566.00 Transfer to Current Unrestricted Funds, Educational & General 23,284.00

Transfer From Current Unrestricted Funds, Auxiliary 493,189.01 28,712.37$

10,757,790.83$

r. Other Improvements 66,704.00$

b. Transfer to Funds for Retirement of Indebtedness 371,897.70$ Transfer to Funds for Renewals and Replacement 83,296.00

Infrastructure - Parking Cost 388,160.00 150,000.00$

Costs Not Considered Capital Expenditures 218,744.75

978,802.45$

s. Other Improvements 97,500.00$

c. Costs Not Considered Capital Expenditures Transfer to Funds for Renewals and Replacement 194,500.00

292,000.00$

d. Investment Income

e. Transfer from Funds for Renewals and Replacement t. Other Improvements 175,317.50$

Transfer to Funds for Renewals and Replacement 29,682.50

f. Investment Income 1,979.61$ 205,000.00$

Gifts from The University of Memphis Foundation 2,100,000.00

2,101,979.61$

u. Other Improvements 147,523.00$

g. Transfer to Current Unrestricted Funds, Educational & General Transfer to Funds for Renewals and Replacement 102,477.00

250,000.00$

i. Transfer to Funds for Renewals and Replacement

j. Tennessee State School Bond Authority Borrowing v. Costs Not Considered Capital Expenditures 4,634.75$

Transfer to Current Unrestricted Funds, Educational & General 5,311.31

k. Other Improvements 9,946.06$

l. State Capital Outlay Appropriation

w. Costs Not Considered Capital Expenditures 67,836.03$

m. Sales Revenue Transfer to Current Unrestricted Funds, Educational & General 10,163.97

78,000.00$

n. Gifts from The University of Memphis Foundation

o. Transfer from Current Unrestricted Funds, Educational & General x. Costs Not Considered Capital Expenditures 37,729.71$


p. Costs Not Considered Capital Expenditures 266.28$ 87,000.00$

Transfer to Funds for Renewals and Replacement 380,215.85

380,482.13$

y. Costs Not Considered Capital Expenditures 158,806.21$


673,806.21$

119

SCHEDULE 7




(Continued)

z. Costs Not Considered Capital Expenditures 108,732.57$

Other Improvements 318,762.91

427,495.48$

aa. Costs Not Considered Capital Expenditures (59,235.53)$


84,041.47$

ab. Costs Not Considered Capital Expenditures (412,877.34)$


0.00$

ac. Transfer to Funds for Retirement of Indebtedness

ad. Net of State Appropriations and Expenditures

ae. Net of Tennessee State School Bond Authority Authorizations and Expenditures

af. Net of State of Tennessee General Obligation Authorization and Expenditures

ag. Transfer from Current Unrestricted Funds, Auxiliary

120

SCHEDULE 8


SCHEDULE OF CHANGES IN FUND BALANCES

FUNDS FOR RENEWALS AND REPLACEMENTS


Additions DeductionsTransfers

Balance Investment from Other Capitalized Other Balance July 1, 2012 Income Current Funds (Footnotes) Expenditures (Footnotes) June 30, 2013

FUNDS FOR RENEWALS AND REPLACEMENTSEducational and General

Service Departments

Network Services 142,717.82$ 500,000.00$ a 146,512.02$ 442,044.78$ b 54,161.02$

Reprographics 87,343.21 157.84$ 40,000.00 a 20,757.75 4,049.56 c 102,693.74

Information Systems Enterprise Resource Plan 6,116,250.12 (3,975,000.00)$ 44,063.52 716,714.17 c 1,380,472.43

Timekeeping System 655,305.77 655,305.77

Conference Planning Operations 866,500.24 1,809.86 40,000.00 a 72,623.82 c 835,686.28

Feinstone Center for Genomic Research 21,537.67 21,537.67

TOTAL SERVICE DEPARTMENTS 7,889,654.83$ 1,967.70$ (3,975,000.00)$ 580,000.00$ 211,333.29$ 1,235,432.33$ 3,049,856.91$

Other Activities

Computer Services 197,285.41$ 1,000.36$ (85,000.00)$ 655,000.00$ a 248,493.39$ 413,785.53$ c 106,006.85$

Departmental Motor Vehicles 1,235,395.14 2,409.20 280,618.00 141,203.08 a 311,900.31 6,256.51 c 1,341,468.60

Millington Operations 200,000.00 200,000.00

Campus Recreation Intramural Sports 600,000.00 600,000.00

Student Activities Complex 500,374.03 2,897.67 d 497,476.36

Physical Education Complex 1,051,573.75 2,592.66 d 1,048,981.09

Game Room 120,582.09 250.38 (38.00) e 8,289.01 c 112,505.46

Integrated Microscopy Center 207,613.07 441.47 1,780.58 a 209,835.12

University Center Renovation 2,215,675.33 4,260.68 984,760.57 k 1,235,175.44

University Conference Center 659,920.74 1,502.42 324,573.00 a 183,399.46 c 802,596.70

Rose Theatre 7,642.08 11.56 38.00 e 7,690.60 c 1.04

TOTAL OTHER ACTIVITIES 6,196,061.64$ 9,876.07$ 995,618.00$ 1,122,556.66$ 560,393.70$ 1,609,672.01$ 6,154,046.66$

TOTAL EDUCATIONAL AND GENERAL 14,085,716.47$ 11,843.77$ (2,979,382.00)$ 1,702,556.66$ 771,726.99$ 2,845,104.34$ 9,203,903.57$

Auxiliary Enterprises

Contracted Food Services 1,812,614.97$ 3,508.87$ 5,321.92$ (70,000.00)$ e 210,766.96$ 276,082.32$ g 1,264,596.48$

Food Service Lambuth 70,000.00 e 39,759.57 6,543.67 c 23,696.76

Residential and Commercial Rentals 28,284.90 92.07 7,681.67 36,058.64

University Service Court 867,009.49 33,734.96 16,867.48 f 883,876.97

Student Housing 998,423.31 2,478.56 2,254,754.30 813,778.89 i 2,426,304.80 h 1,643,130.26

Copier Vending 296,012.25 626.69 22,616.10 a 14,201.00 11,308.05 f 293,745.99

Food Vending 111,432.98 13,644.55 f 97,788.43

Parking 2,593,459.85 5,173.35 630,596.47 442,933.61 i 1,527,064.82 j 2,145,098.46

TOTAL AUXILIARY ENTERPRISES 6,707,237.75$ 11,879.54$ 2,932,089.32$ 1,279,328.60$ 264,727.53$ 4,277,815.69$ 6,387,991.99$

TOTAL FUNDS FOR RENEWALS AND REPLACEMENTS 20,792,954.22$ 23,723.31$ (47,292.68)$ 2,981,885.26$ 1,036,454.52$ 7,122,920.03$ 15,591,895.56$

a. Equipment Use Charges h. Transfer to Unexpended Plant Funds 2,031,291.46$

Noncapital Expenditure 395,013.34

b. Noncapital Expenditure 142,044.78$ 2,426,304.80$

Transfer to Current Unrestricted Funds 300,000.00 i. Transfer from Unexpended Plant Funds

442,044.78$ j. Transfer to Unexpended Plant Funds 1,185,064.82$

c. Noncapital Expenditure Noncapital Expenditure 342,000.00

d. Transfer to Fund for Retirement of Indebtedness 1,527,064.82$

e. Rebudget locally funded projects residual balances to other locally funded projects

f. Transfer to Unexpended Plant Funds k. Transfer to Unexpended Plant Funds 975,000.00$

g. Transfer to Unexpended Plant Funds 25,459.46$ Transfer to Fund for Retirement of Indebtedness 9,760.57

Noncapital Expenditure 250,622.86 984,760.57$

276,082.32$ 121

SCHEDULE 9



FUNDS FOR THE RETIREMENT OF INDEBTEDNESS



Transfers Other Transfers

Balance Investment from Intrafund and Additions Retirement of Other Balance

July 1, 2012 Income Current Funds Allocations (Footnotes) Principal Interest (Footnotes) June 30, 2013

FUNDS FOR RETIREMENT OF INDEBTEDNESS

Tennessee State School Bond Authority Projects

Fogelman College of B & F Addition 114,716.65$ 106,313.00$ 8,421.81$ (18.16)$ a

Student Family Housing Building 64,493.96 51,145.00 13,442.33 (93.37) a

Student Housing Complex Building 353,109.18 280,022.00 73,598.33 (511.15) a

Dormitory Air Conditioning 121,484.60 122,264.00 (760.59) (18.81) a

University Service Center Court 180,449.54 135,499.00 45,454.67 (504.13) a

Student Activities Complex 834,251.15 503,816.09$ 553,827.00 785,784.81 (1,544.57) a

Physical Education Building Renovation Addition 681,331.17 282,464.00 399,652.75 (785.58) a

Student Activities Complex - $3.6M 155,887.47 57,467.00 98,451.63 (31.16) a

Carpenter Hall Renovation and Addition 259,456.05 71,711.30 187,744.75

Richardson and Rawls Fire Safety Updates 226,518.25 97,811.00 128,707.25

University Center Renovations 8,340.06$ 2,443,948.09 1,150,924.02 1,301,364.13

Smith Dorm Fire Safety Upgrade 491.35 144,476.08 109,100.62 35,866.81

West Hall Student Housing Replacement 2,276.94 1,514,407.94 496,797.90 1,003,886.76 16,000.22 a

Performance Contracting 1,327.76 224,140.83 649,067.88$ b 530,227.90 344,308.57

New Student Housing 391.90$ 20,033.45 2,288.44 9,252.25 a 8,884.66$

Carney-Johnston Dorm Renovation 627.30 307.11 320.19 a

Housing Sprinklers Upgrades 104.17 58.44 45.73 a

TOTAL TENNESSEE STATE SCHOOL BOND

BOND AUTHORITY PROJECTS 391.90$ 12,436.11$ 4,058,269.15$ 3,784,982.82$ 649,067.88$ 4,045,573.74$ 4,428,578.00$ 22,111.46$ 8,884.66$

122

SCHEDULE 9



FUNDS FOR THE RETIREMENT OF INDEBTEDNESS



Transfers Other Transfers

Balance Investment from Intrafund and Additions Retirement of Other Balance

July 1, 2012 Income Current Funds Allocations (Footnotes) Principal Interest (Footnotes) June 30, 2013

FUNDS FOR RETIREMENT OF INDEBTEDNESS (Continued)

State of Tennessee General Obligation Bonds

Land Acquisition Program 371,897.70$ b 342,534.00$ (1,926.30)$ 31,290.00$ a

TOTAL STATE OF TENNESSEE GENERAL

OBLIGATION BONDS 371,897.70$ 342,534.00$ (1,926.30)$ 31,290.00$

Capital Lease

Main Campus Data Network 878,591.28$ 743,241.32$ 135,349.96$

TOTAL CAPITAL LEASE 878,591.28$ 743,241.32$ 135,349.96$

Other Funds for Retirement

Unallocated Debt Service Fees 1,521.17$ (3,784,982.82)$ 3,783,461.65$ c

TOTAL OTHER FUNDS FOR RETIREMENT OF

INDEBTEDNESS 1,521.17$ (3,784,982.82)$ 3,783,461.65$

TOTAL FUNDS FOR RETIREMENT OF INDEBTEDNESS 391.90$ 12,436.11$ 4,938,381.60$ 4,804,427.23$ 5,131,349.06$ 4,562,001.66$ 53,401.46$ 8,884.66$

a. Trust Fees and Other Administrative/Issurance Costs

b. Transfer from Unexpended Plant Funds

c. Matriculation fees especially assessed for retirement of indebtedness 3,768,210.75$

Transfer to Funds for Renewals and Replacements 15,250.90

3,783,461.65$

123

SCHEDULE 10

Additions

Book Value Current Unexpended Renewals and Intrafund Deductions Book Value

July 1, 2012 Funds Plant Funds Replacements Transfers (Footnotes) June 30, 2013

LAND

Campus 5,580,906.19$ 5,580,906.19$

Chucalissa 12,500.00 12,500.00

Parking Lot No. 1 130,489.00 130,489.00

Parking Lot No. 2 333,377.95 333,377.95

Athletic Field 283,987.50 283,987.50

South Campus 2,501,378.80 2,501,378.80

Edward J. Meeman Biological Station 229,202.00 229,202.00

Parking Lot No. 5 416,812.26 416,812.26

Parking Lot No. 4 130,697.82 130,697.82

Parking Lot No. 3 105,675.10 105,675.10

Parking Lot No. 6 109,901.00 109,901.00

Parking Lot No. 7 82,542.50 82,542.50

3625 Southern 54,477.00 54,477.00

Richardson Towers 400,320.64 400,320.64

Parking Lot - Patterson and Norriswood 235,263.40 235,263.40

Parking Lot - Deloach and Norriswood 63,389.00 63,389.00

Speech And Hearing Center - 807 Jefferson 146,299.80 146,299.80

Parking Lot - Normal 143,342.75 143,342.75

3715 Southern 46,066.00 46,066.00

Engineering Parking Lot 17,084.75 17,084.75

Dormitory Parking Lot No. 1 57,587.28 57,587.28

Dormitory Parking Lot No. 2 42,826.50 42,826.50

4035 Grandview 48,747.00 48,747.00

3854 Spottswood 20,787.50 20,787.50

3862 Spottswood 15,570.50 15,570.50

3870 Central 91,706.00 91,706.00

3890 Central 39,102.67 39,102.67

3904 Central 61,779.85 61,779.85

3918 Central 43,586.28 43,586.28

3771 Poplar 73,762.64 73,762.64

3745 South Galloway 50,000.00 50,000.00

598 Buck 3,620.00 3,620.00

3664 Central 28,852.13 28,852.13

241 Conlee 146,844.95 146,844.95

245-247 Conlee 147,874.94 147,874.94

205 Deloach 15,762.00 15,762.00

219 Deloach 50,959.14 50,959.14

211 Deloach 59,177.00 59,177.00

222-224 Deloach 18,387.71 18,387.71

230 Deloach 14,882.50 14,882.50

235 Deloach 39,724.03 39,724.03

236 Deloach 50,000.00 50,000.00

241 Deloach 52,840.95 52,840.95


SCHEDULE OF CHANGES IN INVESTMENT IN PLANT


124

SCHEDULE 10

Additions






LAND (Continued)

242 Deloach 10,000.00$ 10,000.00$

247 Deloach 10,150.00 10,150.00

253 Deloach 40,235.79 40,235.79

261 Deloach 10,840.97 10,840.97

264 Deloach 214,905.03 214,905.03

267 Deloach 10,000.00 10,000.00

270 Deloach 166,597.82 166,597.82

275 Deloach 35,433.81 35,433.81

276 Deloach 42,135.49 42,135.49

281 Deloach 30,603.94 30,603.94

292 Deloach 241,403.78 241,403.78

284 Deloach 41,701.87 41,701.87

287 Deloach 28,288.87 28,288.87

295 Deloach 30,094.00 30,094.00

300-02 Deloach 40,549.54 40,549.54

301 Deloach 14,426.75 14,426.75

219 Conlee 92,808.30 92,808.30

280 Patterson 39,115.50 39,115.50

3725 Poplar 50,299.95 50,299.95

3751 Poplar 75,932.55 75,932.55

3761 Poplar 43,946.94 43,946.94

3711 Poplar 50,126.37 50,126.37

3825 Poplar 41,807.48 41,807.48

3833 Poplar 124,590.23 124,590.23

3907 Poplar 101,141.00 101,141.00

3615 Southern 141,844.15 141,844.15

3677 Southern 10,800.00 10,800.00

Old Brownsville Road 266,606.50 266,606.50

3589 Watauga 15,426.75 15,426.75

3626 Watauga 19,690.09 19,690.09

3586 Midland 27,300.00 27,300.00

Millington Property 1,012,284.00 1,012,284.00

Prescott Property 436,150.00 436,150.00

3595 Norriswood Avenue 23,156.56 23,156.56

3604 Midland 31,470.94 31,470.94

432 S Highland 37,134.73 37,134.73

3553 Watauga 70,565.51 70,565.51

3563 Watauga 71,398.88 71,398.88

Honors Hall 308,909.28 308,909.28

3629 Watauga 57,769.95 57,769.95

3605 Watauga 74,270.28 74,270.28

3609 Watauga 74,406.53 74,406.53

3580 Watauga 60,943.24 60,943.24

125

SCHEDULE 10

Additions






LAND (Continued)

3521 Watauga 74,341.82$ 74,341.82$

3567 Watauga 61,105.45 61,105.45

3557 Watauga 60,912.58 60,912.58

438 Highland 61,161.44 61,161.44

3596 Watauga 59,920.00 59,920.00

3618 Walker 250,720.32 250,720.32

3606 Watauga 61,125.43 61,125.43

3602 Watauga 62,121.35 62,121.35

3542 Midland 61,086.62 61,086.62

3528 Midland 62,109.23 62,109.23

3616 Watauga 62,254.85 62,254.85

3599 Watauga 62,107.66 62,107.66

444 S. Highland 61,880.28 61,880.28

3527 Watauga 62,121.36 62,121.36

426 S. Highland 61,859.09 61,859.09

3548 Midland 106,336.36 106,336.36

3613 Watauga 82,626.60 82,626.60

3532 Midland 99,426.32 99,426.32

3615 Norriswood 67,553.89 1,105.00$ 68,658.89

Lambuth Campus 480,422.88 480,422.88

3571 Watauga 87,159.00 87,159.00

TOTAL LAND 18,486,551.93$ 88,264.00$ 18,574,815.93$

BUILDINGS

Administration Building 4,597,597.39$ 4,597,597.39$

Jones Hall 1,175,515.63 1,175,515.63

Johnson Hall 725,345.06 725,345.06

Art Building 177,513.05 163,610.74$ 341,123.79

Mitchell Hall 717,383.70 717,383.70

Manning Hall 1,016,623.48 1,016,623.48

Campus School 788,918.68 788,918.68

Communication and Fine Arts Building 4,983,116.31 4,983,116.31

Fieldhouse 2,902,078.93 2,902,078.93

Ellington Hall 884,182.06 884,182.06

Ball Hall 1,066,057.56 1,066,057.56

Annex One 357,187.03 357,187.03

Brister Hall 13,388,306.28 13,388,306.28

Chucalissa Museum 345,163.10 345,163.10

Clement Hall 756,515.94 756,515.94

J.M. Smith Hall 3,418,509.11 3,418,509.11

Theatre and Communication Bldg 1,261,211.64 1,261,211.64

126

SCHEDULE 10

Additions






BUILDINGS (Continued)

Music Building 1,261,211.64$ 1,261,211.64$

Cecil Humphreys School of Law 2,316,659.18 2,316,659.18

Patterson Hall 1,307,843.01 1,307,843.01

Speech and Hearing Center 1,159,018.21 1,159,018.21

Wilder Tower 5,918,303.58 5,918,303.58

Engineering Science Building 1,573,265.59 1,573,265.59

Psychology Building 1,830,479.79 1,830,479.79

Fogelman College of Business Classroom 1,462,310.13 1,462,310.13

Fogelman College of Business Admin 1,149,136.53 1,149,136.53

Engineering Administration Bldg 847,143.01 847,143.01

Psychology Auditorium 339,388.32 339,388.32

Engineering Technology Bldg 3,129,068.26 3,129,068.26

Dunn Hall 1,339,529.32 1,339,529.32

Physical Education Building 16,922,374.94 16,922,374.94

Journalism Building 1,030,292.78 1,030,292.78

Life Science Building 3,030,470.98 3,030,470.98

Fogelman Executive Center 7,943,652.81 7,943,652.81

Nellie Angel Smith Hall 886,708.00 886,708.00

Hayden Hall 563,848.11 563,848.11

Scates Hall 253,952.93 253,952.93

McCord Hall 746,609.83 746,609.83

Mynders Hall 1,459,237.48 1,459,237.48

Browning Hall 844,394.42 844,394.42

Rawls Hall 2,580,850.25 2,580,850.25

Robison Hall 611,582.57 17,735.46$ 2,848,251.13$ 3,477,569.16

South Hall 1,689,832.04 1,689,832.04

Athletic Office Building 7,187,047.67 7,187,047.67

Panhellenic Buidling 393,221.77 393,221.77

Jones Hall Cafeteria 741,371.76 741,371.76

Annex Two 264,985.48 264,985.48

Hudson Health Center 490,315.10 490,315.10

Student Family Housing 2,955,323.57 2,955,323.57

Physical Plant and Planning Bldg 568,469.14 568,469.14

Heating and Cooling Plant 699,853.29 699,853.29

Printing Service Bldg 108,146.36 108,146.36

Athletic Dressing Facility 1,073,674.08 1,073,674.08

Annex Four 101,645.22 101,645.22

Newport Hall 369,635.42 369,635.42

Billy Mac Jones Building 276,641.73 276,641.73

Alumni Center 269,140.77 269,140.77

Richardson Towers 5,976,820.15 5,976,820.15

Building Number One 125,460.28 125,460.28

Building Number Eight 259,610.53 259,610.53

127

SCHEDULE 10

Additions







Building Number Twenty Nine WKNO 695,000.00$ 695,000.00$

Building Number One Hundred Thirteen 622,941.03 622,941.03

Baseball Stands Maintenance Store 120,831.33 120,831.33

Building Number Twenty Three Catfish Center 129,840.00 129,840.00

Meeman Biological Field Station Quarters 702,099.00 702,099.00

Edward J Meeman Conference Center 127,847.78 127,847.78

Ctr For Earthquake Research - 3904 Central 374,055.87 374,055.87

211 Deloach 101,640.00 101,640.00

287 Deloach 160,303.63 160,303.63

235 Deloach 244,006.72 244,006.72

281 Deloach 122,415.76 122,415.76

295 Deloach 120,375.50 120,375.50

275 Deloach 151,059.95 151,059.95

253 Deloach 114,517.26 114,517.26

3745 South Galloway Drive 408,000.00 408,000.00

Parking Gargage Deloach 4,452,125.80 4,452,125.80



Thomas Carpenter Student Housing 10,799,449.71 10,799,449.71

Power Plant 382,532.49 382,532.49

Ned McWherter Library 23,687,017.60 23,687,017.60

Clock Tower 1,011,000.00 1,011,000.00

Parking Gargage Zach Curlin 11,390,000.00 11,390,000.00

Michael D Rose Theatre Lecture Hall 7,025,000.00 7,025,000.00

V Lane Rawlins Service Court 5,155,790.08 5,155,790.08

3711 Poplar 150,379.13 150,379.13

219 Deloach 170,602.36 170,602.36

K Wilson School of Hosp and Resort Mgmt 14,174,345.67 14,174,345.67

Fedex Institute Of Technology 19,664,765.61 19,664,765.61

236 Deloach 135,282.00 135,282.00

241 Deloach 165,567.85 165,567.85

3586 Midland 271,400.00 271,400.00

3725 Poplar 150,899.85 150,899.85

Navy Hospital 100 Millington 29,330,903.76 29,330,903.76

Dormitory 114 Millington 1,109,120.00 1,109,120.00

Millington Recreation Building 155,430.00 155,430.00

Millington Vehicle Storage 185,321.00 185,321.00

Dormitory 98 Millington 1,169,250.00 1,169,250.00

Prescott Property 508,850.00 508,850.00

3595-3597 Norriswood 121,571.94 121,571.94

3604 Midland 165,222.46 165,222.46

3553 Watauga 78,126.09 78,126.09

3563 Watauga 81,598.72 81,598.72

128

SCHEDULE 10

Additions







432 S Highland 114,024.27$ 114,024.27$

3580 Watauga 125,949.36 125,949.36

3605 Watauga 71,357.72 71,357.72

3609 Watauga 73,225.47 73,225.47

425/431 Patterson 207,879.04 207,879.04

3629 Watauga 18,524.55 18,524.55

3521 Watauga 66,276.18 66,276.18

3567 Watauga 80,455.51 80,455.51

438 Highland 92,761.52 92,761.52

3557 Watauga 140,098.92 140,098.92

3596 Watauga Ave 89,880.00 89,880.00

Athletics Training Center 8,114,584.69 8,114,584.69

Flautt Golf Center 1,239,863.91 1,239,863.91

3618 Walker 376,080.47 376,080.47

3606 Watauga 98,819.45 98,819.45

3602 Watauga 96,746.37 96,746.37

3542 Midland 106,909.33 106,909.33

3528 Midland 98,756.70 98,756.70

3616 Watauga 82,666.29 82,666.29

3599 Watauga 98,761.36 98,761.36

444 S. Highland 92,820.42 92,820.42

3527 Watauga 96,746.36 96,746.36

University Center 47,813,752.70 47,813,752.70

Downtown Law School 47,789,660.53 11,888.64$ 47,801,549.17

Living Learning Residence Complex 25,016,303.68 25,016,303.68

Fedex Baseball Park 3,714,996.38 3,714,996.38

Tennis Racquet Club Locker Rooms 373,487.49 373,487.49

3548 Midland 61,139.82 61,139.82

426 S. Highland 96,901.23 96,901.23

3532 Midland 61,185.43 61,185.43

3613 Watauga 61,204.90 61,204.90

Varnell Jones Hall 2,882,537.27 2,882,537.27

Hamilton Performing Arts 935,823.73 935,823.73

Maintenance Building - Lambuth 109,896.73 109,896.73

Sprague Hall 1,089,959.41 1,089,959.41

Spangler Hall 926,815.80 926,815.80

Womack Chapel 1,254,103.89 1,254,103.89

Harris Hall 1,039,915.36 1,039,915.36

Wilder Student Union 4,597,046.42 4,597,046.42

Gobbel Library 2,671,351.38 2,671,351.38

Hyde Hall 3,943,471.13 3,943,471.13

Carney Johnston Hall 3,092,722.28 3,092,722.28

Recreation Center - Lambuth 4,262,752.17 4,262,752.17

129

SCHEDULE 10

Additions







Oxley Commons 480,422.88$ 480,422.88$

Football Stadium - Lambuth 376,331.25 376,331.25

Baseball Stadium - Lambuth 181,960.17 181,960.17

3615 Norriswood Building 92,496.86 92,496.86

Football Training Center 1,467,288.43 1,467,288.43

Defense Audit Building 9,290,340.00$ 9,290,340.00

Accumulated Depreciation - Building (128,097,885.76) 10,075,767.58$ a (138,173,653.34)

TOTAL BUILDINGS 296,890,798.67$ 9,319,964.10$ 163,610.74$ 2,848,251.13$ 10,075,767.58$ 299,146,857.06$

IMPROVEMENTS AND INFRASTRUCTURES

Administration Mall 63,373.00$ 63,373.00$

Air Conditioning and Heating 6,207,778.83 6,207,778.83

Athletic Field 386,668.71 386,668.71

Campus Irrigation 73,715.00 73,715.00

Campus Signs 176,095.12 176,095.12

Data Control Center 178,874.75 178,874.75

Detention Basin and Fence South Campus 63,360.99 63,360.99

Electrical System 200,000.00 200,000.00

Energy Mgmt System Phase I 382,174.85 382,174.85

Library Chillwater Line 281,772.93 281,772.93

Lighting 554,674.51 554,674.51

Mall 106,988.27 106,988.27

Main Campus Sprinkler System 130,564.78 130,564.78

Parking Control System Main Campus 1,188,793.76 1,188,793.76

Parking Lots 4,044,929.90 4,044,929.90

Pedestrian Campus Phase One 2,452,768.99 2,452,768.99

Perimeter Wall Student Housing Complex 118,937.29 118,937.29

South Campus Football Field Lightning 97,348.99 97,348.99

South Campus Baseball Field Lightning 156,812.15 156,812.15

Standby Oil Supply Tanks 192,056.67 192,056.67

Steamline Replacement 928,008.96 928,008.96

Telephone System Main Campus 1,409,916.29 1,409,916.29

Track 186,750.10 186,750.10

South Campus Track 678,553.36 678,553.36

Utility Expansion One 1,997,985.11 1,997,985.11

Walks and Paved Areas 321,737.44 321,737.44

Other Improvements 147,512.46 147,512.46

Millington Swimming Pool 201,171.00 201,171.00

Tennis Courts 795,107.22 795,107.22

Women Softball Field 1,963,938.82 1,963,938.82

Drainage Correction 3,538,316.89 3,538,316.89

130

SCHEDULE 10

Additions






IMPROVEMENTS AND INFRASTRUCTURES (Continued)

Fume Hood Replacement 4,802,756.93$ 4,802,756.93$

Variable Flow Plumbing 3,813,970.88 5,711.36$ 3,819,682.24

CFC Chiller Replacement Program 1,100,000.00 1,100,000.00

Student Activities Complex 3,640,205.31 3,640,205.31

Flautt Golf Center 219,050.57 219,050.57

Performing Arts Center Preplanning 504,266.00 504,266.00

Millington Center Facilities Upgrade 2,609,160.47 2,609,160.47

Alarm System - Administration Building 238,983.35 238,983.35

Fire Safety Upgrade 970,971.52 552,699.29 216,636.46$ 1,740,307.27

Elevator Replacement 536,149.44 536,149.44

Performance Contracting - HVAC Upgrades 9,339,373.50 9,339,373.50

Campus Wireless Upgrade 1,399,940.06 1,399,940.06

South Campus Electric and Gas 4,899,360.33 4,899,360.33

Data Network II - Main Campus 4,095,588.29 4,095,588.29

Football Practice Turf Field 700,987.75 700,987.75

Central Ave Parking Lot Reconfiguration 2,056,341.71 2,056,341.71

IT Infrastructure - Law School 663,609.87 663,609.87

IT Infrastructure - University Center 344,584.62 344,584.62

Landscaping - Lambuth 135,118.93 135,118.93

Sidewalks - Lambuth 85,074.88 85,074.88

Tennis Courts - Lambuth 125,510.48 125,510.48

Tennis Court Parking Lot - Lambuth 66,058.15 66,058.15

Varnell Jones Hall Parking Lot 55,699.03 55,699.03

Oxley Commons Parking Lot 50,744.67 50,744.67

Signage - Lambuth 55,048.45 55,048.45

Soccer Field - Lambuth 70,061.67 70,061.67

Interior Facility Improvements 330,651.06 683,319.62 1,013,970.68

Campus Energy Saving and Safety 2,044.92 508,977.45 511,022.37

Echles Field Lighting - Green Fee 412,877.34 412,877.34

Brister and Jones Hall HVAC 1,231.44 188,979.53 190,210.97

Liberty Bowl Scoreboard 1,250,000.00 1,250,000.00 2,500,000.00

Defense Audit Parking Lot 388,160.00 388,160.00

Accumulated Depreciation - Improvements (22,388,405.07) 3,921,570.64$ a (26,309,975.71)

TOTAL IMPROVEMENTS AND INFRASTRUCTURES 49,416,898.93$ 2,943,375.41$ 2,847,913.06$ 3,921,570.64$ 51,286,616.76$

CONSTRUCTION IN PROGRESS

Several Building Envelope Repairs 1,088,389.58$ 148,897.67$ 1,237,287.25$

Interior Facility Improvements 683,319.62 (683,319.62)$

Campus Energy Saving and Safety 508,977.45 (508,977.45)

Elevator Modernization 1,436,941.78 1,126,536.07 2,563,477.85

Robison Hall Preplan 2,848,251.13 (2,848,251.13)

131

SCHEDULE 10

Additions






CONSTRUCTION IN PROGRESS (Continued)

Brister and Jones Hall HVAC 188,979.53$ (188,979.53)$

Community Health Center 995,357.11 1,358,227.61$ 2,353,584.72$

Law School HVAC Replacement 3,567,589.12 1,069,741.16 4,637,330.28

Biochemistry and Biology Facility 560,231.86 235,228.64 795,460.50

Access and Security System Updates 115,549.44 151,867.80 267,417.24

Various Roof Replacement 168,429.37 2,984,247.12 3,152,676.49

Field House Phase Local 70,679.00 1,654,321.00 1,725,000.00

South Hall Fire Safety 216,636.46 (216,636.46)

Law School Close Out 145,339.47 73,111.36 218,450.83

New Student Housing 87,868.89 1,961,048.93 2,048,917.82

Railroad 20,335.00 19,950.20 40,285.20

Liberty Bowl Scoreboard 1,250,000.00 (1,250,000.00)

Women's Softball Training Facility 3,000.00 3,000.00

West Hall Student Housing Local 25,155.00 25,155.00

Research Facilities Improvement 29,628.81 29,628.81

Fieldhouse Renovation 507,053.25 507,053.25

Various Building HVAC Upgrade 25,826.78 25,826.78

Underground Utility Updates 197,950.25 197,950.25

Accessibility ADA Adap III 252,656.09 252,656.09

Engineer Cmplx HVAC Fire Sys Modi 4,484.00 4,484.00

Carney-Johnston Dormitoty - TSSBA 591,484.88 591,484.88

Housing Sprinkler Upgrades 90,984.80 90,984.80

University Center Renovation 319,836.79 319,836.79

Child Care Center Playground 50,278.39 50,278.39

Desoto/Herzog Repair and Repave 66,704.00 66,704.00

Normal St. Repair and Repave 97,500.00 97,500.00

AO Bldg Lot Overlay & Restripe 175,317.50 175,317.50

GS Family Hsg St & Pkg - Patching 147,523.00 147,523.00

Life Science 301 Lab Renovation 191,494.46 191,494.46

Bus Shuttle Shelters 15,900.00 15,900.00

Manning Hall Suites 404 & 406 22,161.08 22,161.08

FedEx Baseball Park - Gift 10,000.00 10,000.00

Football Training Center 29,712.20 29,712.20

Outdoor Track Soccer Renov Project 24,450.00 24,450.00

South Campus Electric and Gas Modification 73,414.15 73,414.15

Carney-Johnston Dormitory 318,762.91 318,762.91

Lambuth Nursing 143,277.00 143,277.00

TOTAL CONSTRUCTION IN PROGRESS 13,952,874.81$ 14,197,732.90$ (5,696,164.19)$ 22,454,443.52$

132

SCHEDULE 10

Additions






EQUIPMENT

Equipment 37,200,765.11$ 2,904,766.68$ 716,403.43$ 1,188,304.10$ b 39,633,631.12$

Accumulated Depreciation - Equipment (22,481,564.98) 1,759,182.46 c (24,240,747.44)

TOTAL EQUIPMENT 14,719,200.13$ 2,904,766.68$ 716,403.43$ 2,947,486.56$ 15,392,883.68$

LIBRARY HOLDINGS

Library Holdings 13,907,651.50$ 1,321,382.04$ 971,021.04$ b 14,258,012.50$

Accumulated Depreciation - Library Holdings (6,910,165.77) 683,571.31 d (7,593,737.08)

TOTAL LIBRARY HOLDINGS 6,997,485.73$ 1,321,382.04$ 1,654,592.35$ 6,664,275.42$

INTANGIBLE ASSETS

Intangible Assets 9,018,675.37$ 156,440.35$ 9,175,115.72$

Accumulated Deprciation - Software (3,899,512.27) 897,305.08$ a (4,796,817.35)

TOTAL INTANGIBLE ASSETS 5,119,163.10$ 156,440.35$ 897,305.08$ 4,378,298.37$

TOTAL INVESTMENT IN PLANT 405,582,973.30$ 4,226,148.72$ 26,549,336.41$ 1,036,454.52$ 19,496,722.21$ 417,898,190.74$

a. Current Year Depreciation

b. Disposal of Plant Facilities, Net Value Changes and Miscellaneous Equipment

c. Current Year Depreciation 2,826,721.43$

Disposal of Obsolete Equipment (1,067,538.97)

1,759,182.46$

d. Current Year Depreciation 1,654,592.35$

Reduction in Accumulated Depreciation (971,021.04)

683,571.31$

133

APPENDIX I


SCHEDULE OF REVENUES, EXPENDITURES AND TRANSFERS

UNIVERSITY SERVICE COURT



Year Ended Year Ended

June 30, 2013 June 30, 2012

REVENUES

Sales

Commissions 610,387.31$ 621,092.03$

Other Revenues 64,319.09 61,699.56

TOTAL REVENUES 674,706.40$ 682,791.59$

EXPENDITURES

Printing, Duplicating and Film Processing 2,007.50$

Communication and Shipping Costs 743.00 630.42$

Maintenance and Repairs 165,667.86 130,286.08

Institutional Allocated Charges 22,860.32 25,564.46

Other Services and Expenses 1,000.00 1,000.00

TOTAL EXPENDITURES 192,278.68$ 157,480.96$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES 482,427.72$ 525,310.63$

TRANSFERS

Mandatory

Retirement of Indebtedness 180,449.54$ 190,578.70$

Nonmandatory

Renewals and Replacements 33,734.96 34,139.58

Unexpended Plant Fund 450,000.00 486,000.00

Other Transfers 50,000.00

TOTAL TRANSFERS 714,184.50$ 710,718.28$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES AND TRANSFERS (231,756.78)$ (185,407.65)$

134

APPENDIX II



FOOD SERVICES



Contracted Food Services Contracted Vending Machines

Year Ended Year Ended Year Ended Year Ended


REVENUES

Commissions 1,018,378.46$ 1,095,021.28$ 545,782.13$ 206,254.24$

TOTAL REVENUES 1,018,378.46$ 1,095,021.28$ 545,782.13$ 206,254.24$

EXPENDITURES

Professional Services 139,905.14$ 141,642.57$ 117,943.67$ 67,029.85$

Employee Benefits 47,866.97 47,627.50 39,861.67 22,153.15

Travel 1,346.44 3,992.42

Printing, Duplication and Film Processing 2,749.76 341.46 650.34 645.25

Communication and Shipping Costs 8,049.90 6,545.00 3,500.00


Professional and Administrative Services 36.50 2,000.00 3,431.94 3,753.12

Supplies 41,548.97 55,315.46 84.90


Capital Expenditures 9,086.83 17,844.87

Other Services and Expenses 182,718.73 164,577.74 13,000.00 16,460.80

TOTAL EXPENDITURES 1,021,735.60$ 948,039.85$ 178,472.52$ 110,042.17$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES (3,357.14)$ 146,981.43$ 367,309.61$ 96,212.07$

TRANSFERS

Nonmandatory

Renewals and Replacements 5,321.92$ 146,981.43$

Other Transfers 450,000.00$

TOTAL TRANSFERS 5,321.92$ 146,981.43$ 450,000.00$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES AND TRANSFERS (8,679.06)$ 0.00$ (82,690.39)$ 96,212.07$

135

APPENDIX III



STUDENT HOUSING




June 30, 2013 June 30, 2012

REVENUES

Rental Revenues

Routine Rentals 14,654,868.73$ 15,247,294.62$

Special Rentals 660,426.44 249,692.31

Damage Charges 67,339.50 17,529.98

TOTAL RENTAL REVENUES 15,382,634.67$ 15,514,516.91$

Other Revenues

Interest Income 261.41$ 302.46$

Federal Portion - College Work Study Program 1,019.40 8,143.49

TOTAL OTHER REVENUES 1,280.81$ 8,445.95$

TOTAL REVENUES 15,383,915.48$ 15,522,962.86$

EXPENDITURES

Personal Services 1,902,121.63$ 1,919,459.69$

Employee Benefits 422,610.57 385,103.57

Travel 25,817.14 24,110.03

Printing, Duplicating and Film Processing 18,096.72 18,422.27

Communication and Shipping Costs 838,796.08 826,344.04

Maintenance and Repairs 1,099,687.69 1,245,331.54

Professional/Administrative Services 169,149.84 164,345.05

Supplies 181,284.49 344,974.63

Rental and Insurance 22,263.19 35,891.41

Utilities and Fuel 351,569.77 335,482.70

Awards and Indemnities 34,970.75

Institutional Allocated Charges 2,137,841.17 2,215,015.18

Other Services and Expenses 3,060,974.73 3,410,337.68

TOTAL EXPENDITURES 10,230,213.02$ 10,959,788.54$

136

APPENDIX III



STUDENT HOUSING




June 30, 2013 June 30, 2012

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES 5,153,702.46$ 4,563,174.32$

TRANSFERS

Mandatory

Retirement of Indebtedness 2,749,003.02$ 2,936,435.45$

Nonmandatory

Renewals and Replacements 2,254,754.30 1,473,531.34

TOTAL TRANSFERS 5,003,757.32$ 4,409,966.79$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES AND TRANSFERS 149,945.14$ 153,207.53$

137

APPENDIX IV



OTHER HOUSING



Residential and Commercial Rentals


June 30, 2013 June 30, 2012

REVENUES

Routine Rentals 1,250,920.98$ 652,323.09$

TOTAL RENTAL REVENUES 1,250,920.98$ 652,323.09$

EXPENDITURES

Personal Services 120,932.74$ 130,526.43$

Employee Benefits 42,802.49 44,440.38

Travel 553.49 706.99


Supplies 4,568.53 (93.25)

Utilities and Fuel 41,070.40 25,318.97

Grants and Subsidies 128.00


Other Services and Expenses (10,405.05) (14,163.13)

TOTAL EXPENDITURES 712,011.69$ 412,025.73$

EXCESS OF REVENUES OVER EXPENDITURES 538,909.29$ 240,297.36$

TRANSFERS

Nonmandatory

Unexpended Plant 493,189.01$ 223,274.92$

Renewals and Replacements 7,681.67 4,433.62

TOTAL TRANSFERS 500,870.68$ 227,708.54$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES AND TRANSFERS 38,038.61$ 12,588.82$

138

APPENDIX V



INTERCOLLEGIATE ATHLETICS



Year Ended June 30, 2013 Year Ended


REVENUES

Sports

Basketball - Men 8,667,994.74$ 8,667,994.74$ 8,637,313.61$

Football 3,215,353.75 1,000.00$ 3,216,353.75 3,279,906.84

Baseball - Men 22,308.16 5,575.00 27,883.16 33,409.39

Golf - Men 113,625.00 113,625.00 107,720.00

Olympic Sports 126.00

Soccer - Men 3,994.50 3,200.00 7,194.50 13,770.37

Tennis - Men 52.62 5,925.00 5,977.62 11,179.04

Track - Men 47.41 2,100.00 2,147.41 11,260.50

Basketball - Women 61,012.70 12,700.00 73,712.70 84,842.06

Golf - Women 23,280.00 23,280.00 37,280.00

Soccer - Women 1,891.08 5,072.00 6,963.08 13,307.09

Softball - Women 5,800.77 5,000.00 10,800.77 3,572.22

Tennis - Women 4,925.00 4,925.00 5,860.00

Track - Women 50.00 50.00

Volleyball - Women 319.20 319.20 2,278.04

Other

Student Fees 8,223,129.47 8,223,129.47 8,606,354.48

Interest Income 698.07 698.07 747.94

License Fees 2,655,864.04 2,655,864.04 2,692,691.69

General Gifts 11,343,649.18 17,589.12 11,361,238.30 11,436,304.82

Federal Portion - College Work Study Program 2,422.43 2,422.43 16,784.63

Other Revenues 553,011.76 275,002.00 828,013.76 426,717.06

TOTAL REVENUES 34,754,429.38$ 478,163.62$ 35,232,593.00$ 35,421,425.78$

EXPENDITURES

Athletics Administration - Men

Personal Services 5,210,519.53$ 33,924.74$ 5,244,444.27$ 4,716,799.75$

Supplies and Expenses 7,647,291.07 427,416.32 8,074,707.39 8,104,678.70

Basketball - Men

Personal Services 1,688,739.24 1,688,739.24 1,359,986.73

Supplies and Expenses 6,142,398.97 6,142,398.97 5,402,583.49

139

APPENDIX V








EXPENDITURES (Continued)

Football

Personal Services 3,563,555.06$ 3,563,555.06$ 3,117,435.42$

Supplies and Expenses 6,443,329.82 6,443,329.82 8,516,290.94

Baseball - Men

Personal Services 324,248.79 324,248.79 313,338.07

Supplies and Expenses 785,691.34 5,573.32$ 791,264.66 889,829.40

Golf - Men

Personal Services 114,522.71 3,844.80 118,367.51 120,939.28

Supplies and Expenses 202,338.07 59,853.98 262,192.05 203,542.96

Olympic Sports


Supplies and Expenses 2,424.50 2,424.50 41,763.72

Rifle - Men



Soccer - Men



Tennis - Men



Track - Men



Basketball - Women


Supplies and Expenses 1,605,893.07 21,507.14 1,627,400.21 1,376,437.85

Golf - Women

Personal Services 94,647.07 17,355.00 112,002.07 112,565.10


Soccer - Women


Supplies and Expenses 739,562.51 274.84 739,837.35 830,240.64

140

APPENDIX V








EXPENDITURES (Continued)

Softball - Women

Personal Services 223,923.45$ 223,923.45$ 199,163.24$

Supplies and Expenses 779,638.73 6,425.84$ 786,064.57 844,422.49

Tennis - Women



Track - Women



Volleyball - Women






Spirit Activities

Personal Services


TOTAL EXPENDITURES 42,081,955.35$ 633,186.37$ 42,715,141.72$ 42,247,346.86$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES (7,327,525.97)$ (155,022.75)$ (7,482,548.72)$ (6,825,921.08)$

141

APPENDIX V








TRANSFERS

Mandatory

Retirement of Indebtedness 112,600.61$

Nonmandatory Transfers

Other Transfers (450,000.00)$ (450,000.00)$

TOTAL TRANSFERS (450,000.00)$ (450,000.00)$ 112,600.61$

EXCESS (DEFICIT) OF REVENUES OVER OPERATING EXPENDITURES

AND TRANSFERS (6,877,525.97)$ (155,022.75)$ (7,032,548.72)$ (6,938,521.69)$

142

APPENDIX VI



OTHER AUXILIARY ENTERPRISES



Copier Vending Parking

Year Ended Year Ended Year Ended Year Ended


REVENUES

Vending Sales 452,322.03$ 416,037.29$

Parking Revenues 3,810,714.21$ 3,793,261.27$

TOTAL REVENUES 452,322.03$ 416,037.29$ 3,810,714.21$ 3,793,261.27$

EXPENDITURES

Personal Services 33,318.96$ 40,753.15$ 472,144.16$ 397,004.63$

Employee Benefits 4,903.20 5,437.88 222,365.09 191,049.60

Travel 2,870.67

Printing, Duplicating and Film Processing 868.28 1,627.62 17,307.64 7,265.50

Communication and Shipping Costs 7,848.52 46,461.31 56,742.83 54,156.85

Maintenance and Repairs 299,002.11 269,415.48 424,012.17 392,788.55

Professional/Administrative Services 1,070.00 945.00 788,890.85 174,702.32

Supplies 4,282.04 16,945.69 123,908.86 47,369.60

Rental and Insurance (10.00)

Institutional Allocated Charges 26,713.95 26,761.31 116,440.78 114,625.41

Capital Expenditures 17,828.00 71,444.60 6,450.00

Other Services and Expenses 114,743.54 184,147.80

TOTAL EXPENDITURES 395,835.06$ 479,792.04$ 2,345,866.59$ 1,563,110.26$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES 56,486.97$ (63,754.75)$ 1,464,847.62$ 2,230,151.01$

TRANSFERS

Mandatory

Retirement of Indebtedness 834,251.15$ 838,847.09$

Nonmandatory

Renewals and Replacements 630,596.47 1,391,303.92

TOTAL TRANSFERS 1,464,847.62$ 2,230,151.01$

EXCESS (DEFICIT) OF REVENUES OVER EXPENDITURES AND TRANSFERS 56,486.97$ (63,754.75)$ 0.00$ 0.00$

143

APPENDIX VII


SCHEDULE OF INVESTMENTS BY FUND GROUPS


Ownership by Fund

Current Current

Fair Value Unrestricted

U. S. Government Obligations

United States Treasury Notes 38,729,510.60$ 38,729,510.60$

TOTAL U. S. GOVERNMENT OBLIGATIONS 38,729,510.60$ 38,729,510.60$

Other Investments

Certificates of Deposit 200,000.00$ 200,000.00$

Commercial Paper 749,857.50 749,857.50

TOTAL OTHER INVESTMENTS 949,857.50$ 949,857.50$

TOTAL INVESTMENTS 39,679,368.10$ 39,679,368.10$

144

APPENDIX VIII

Due Interest Paid

Serially Interest Balance Balance

Date of Issue to Rate July 1, 2012 Debt Issued Maturing Amount Debt Retired June 30, 2013

BONDS PAYABLE

Tennessee State School Bond Authority Bonds

Athletics Office Building April 1, 1983 2012 5.00-6.00 0.34$ April-October 0.34$

Fogelman College of B & E - Addition November 1, 1985 2014 3.25-5.00 185,848.00 April-October 8,421.81$ 106,313.00$ 79,535.00

Student Family Housing - Addition August 1, 2012 2021 0.18-5.00 555,502.31 (69,928.31)$ a April-October 13,442.33 51,145.00 434,429.00

Student Housing Complex Building August 1, 2012 2021 0.18-5.00 3,041,439.04 (382,867.04) a April-October 73,598.33 280,022.00 2,378,550.00

Dormitory Air Conditioning August 1, 2012 2013 0.18 119,393.38 2,870.62 a April-October (760.59) 122,264.00 0.00

University Service Court August 1, 2012 2028 0.40-4.46 2,101,395.00 256,760.00 a April-October 45,454.67 135,499.00 2,222,656.00

Student Activities Complex November 1, 2000 2030 3.38-5.63 15,895,349.00 April-October 785,784.81 553,827.00 15,341,522.00

PE Building Renovation/Addition November 1, 2000 2030 3.38-5.63 8,084,647.00 April-October 399,652.75 282,464.00 7,802,183.00

Student Activity Complex - $3.6M May 1, 2002 2032 4.00-5.13 1,978,178.30 April-October 98,451.63 57,467.00 1,920,711.30

Carpenter Hall Renovation and Addition January 1, 2007 2036 3.59-5.00 3,363,423.60 April-October 187,744.75 71,711.30 3,291,712.30

Richardson & Rawls Halls Fire Safety January 1, 2007 2031 3.59-5.00 2,835,078.10 April-October 128,707.25 97,811.00 2,737,267.10

University Center Renovations April 15,2009 2029 2.00-5.00 26,288,317.53 November-May 1,301,364.13 1,150,924.02 25,137,393.51

Smith Dorm Fire Safety Upgrade April 15,2009 2019 2.00-5.00 735,932.96 November-May 35,866.81 109,100.62 626,832.34

West Hall Student Housing Replacement May 1, 2011 2040 2.00-4.25 23,391,558.30 November-May 1,003,886.76 496,797.90 22,894,760.40

Performance Contracting May 1, 2011 2025 2.00-5.00 7,917,130.60 November-May 344,308.57 530,227.90 7,386,902.70

Total TSSBA Bonds Payable 96,493,193.46$ (193,164.73)$ 4,425,924.01$ 4,045,573.74$ 92,254,454.99$

BONDS PREMIUMS/DISCOUNTS


Performance Contracting May 1, 2011 2025 2.00-5.00 837,007.61$ 46,500.43$ 790,507.18$

West Hall Student Housing Replacement May 1, 2011 2040 2.00-4.25 914,033.03 50,779.62 863,253.41

University Center Renovations April 15,2009 2029 2.00-5.00 894,637.86 55,914.87 838,722.99

Student Activities Complex November 1, 2000 2030 3.38-5.63 907,355.78 53,373.87 853,981.91

PE Building Renovation/Addition November 1, 2000 2030 3.38-5.63 461,430.45 27,142.97 434,287.48

Student Housing Complex Building August 1, 2012 2021 0.18-5.00 432,585.02$ 48,065.01 384,520.01

Total TSSBA Bonds Premiums/Discounts Payable 4,014,464.73$ 432,585.02$ 281,776.77$ 4,165,272.98$

TOTAL TSSBA BONDS PAYABLE 100,507,658.19$ 239,420.29$ 4,425,924.01$ 4,327,350.51$ 96,419,727.97$


SCHEDULE OF BONDS AND COMMERCIAL PAPER PAYABLE


145

APPENDIX VIII

Due Interest Paid

Serially Interest Balance Balance

Date of Issue to Rate July 1, 2012 Debt Issued Maturing Amount Debt Retired June 30, 2013


SCHEDULE OF BONDS AND COMMERCIAL PAPER PAYABLE


COMMERCIAL PAPER PAYABLE


New Student Housing 87,868.89$ 1,913,755.11$ 2,288.44$ 2,001,624.00$

Carney Johnston Dorm Renovation 591,484.88 307.11 591,484.88

Housing Sprinklers Upgrades 90,984.80 58.44 90,984.80

Total TSSBA Commercial Paper Payable 87,868.89$ 2,596,224.79$ 2,653.99$ 2,684,093.68$

State of Tennessee General Obligation Commercial Paper

Land Acquisition Program 4,270,653.20$ 156,555.75$ (1,926.30)$ 342,534.00$ 4,084,674.95$

Total General Obligation Commercial Paper Payable 4,270,653.20$ 156,555.75$ (1,926.30)$ 342,534.00$ 4,084,674.95$

TOTAL COMMERCIAL PAPER PAYABLE 4,358,522.09$ 2,752,780.54$ 727.69$ 342,534.00$ 6,768,768.63$

CAPITAL LEASE

Main Campus Data Network 2,790,589.20$ 135,349.96$ 743,241.32$ 2,047,347.88$

TOTAL CAPITAL LEASE 2,790,589.20$ 135,349.96$ 743,241.32$ 2,047,347.88$

TOTAL UNIVERSITY DEBT 107,656,769.48$ 2,992,200.83$ 4,562,001.66$ 5,413,125.83$ 105,235,844.48$

a. Savings/Reduction in Advance Bond Refunding

146

APPENDIX IX


SCHEDULE OF EXPENDITURES AND TRANSFERS BY OBJECT




Unrestricted

Educational Current Funds Year Ended

and General Auxiliary Total Restricted Total June 30, 2012

PERSONAL SERVICES

Salaries

Administrative 10,714,235.58$ 170,377.68$ 10,884,613.26$ 240,295.50$ 11,124,908.76$ 10,909,616.56$

Professional 40,984,161.46 994,741.11 41,978,902.57 5,238,763.01 47,217,665.58 45,498,284.11

Academic 87,866,680.36 87,866,680.36 10,561,960.64 98,428,641.00 96,142,738.49

Supporting 25,393,721.07 800,490.46 26,194,211.53 1,633,823.31 27,828,034.84 28,455,332.36

Student 2,758,930.95 819,737.65 3,578,668.60 884,563.85 4,463,232.45 4,930,962.11

TOTAL SALARIES 167,717,729.42$ 2,785,346.90$ 170,503,076.32$ 18,559,406.31$ 189,062,482.63$ 185,936,933.63$

Employee Benefits

State Retirement Contributions 7,807,778.64$ 147,324.73$ 7,955,103.37$ 409,776.77$ 8,364,880.14$ 8,338,695.98$

Optional Retirement Program Contributions 9,036,153.64 76,944.96 9,113,098.60 886,473.10 9,999,571.70 9,692,300.76

Federal Insurance Contributions 8,518,501.77 115,341.30 8,633,843.07 778,934.03 9,412,777.10 9,193,437.15

Medicare Federal Insurance Contributions 2,175,150.17 27,060.63 2,202,210.80 201,391.94 2,403,602.74 2,352,650.96

401(k) Match 806,042.57 15,291.78 821,334.35 65,927.62 887,261.97 902,604.47

State Unemployment Compensation 191,912.17 3,234.63 195,146.80 21,599.79 216,746.59 353,776.60

Group Insurance Contributions 19,886,987.14 338,350.28 20,225,337.42 1,486,844.42 21,712,181.84 20,640,191.15

Employee Fee Discounts 13,056,284.02 121,218.93 13,177,502.95 1,166,431.20 14,343,934.15 1,745,037.34

Compensated Absences 148,438.27 (443.20) 147,995.07 33,405.80 181,400.87 291,814.54

Other Employee Benefits 1,311,298.24 (63,914.05) 1,247,384.19 286,229.00 1,533,613.19 1,256,302.65

TOTAL EMPLOYEE BENEFITS 62,938,546.63$ 780,409.99$ 63,718,956.62$ 5,337,013.67$ 69,055,970.29$ 54,766,811.60$

TOTAL PERSONAL SERVICES 230,656,276.05$ 3,565,756.89$ 234,222,032.94$ 23,896,419.98$ 258,118,452.92$ 240,703,745.23$

147

APPENDIX IX


SCHEDULE OF EXPENDITURES AND TRANSFERS BY OBJECT




Unrestricted

Educational Current Funds Year Ended

and General Auxiliary Total Restricted Total June 30, 2012

OTHER OPERATING EXPENSES

Travel 8,804,268.17$ 30,587.74$ 8,834,855.91$ 1,366,380.34$ 10,201,236.25$ 10,495,118.24$

Printing, Duplicating and Film Processing 1,479,680.64 41,680.24 1,521,360.88 169,420.91 1,690,781.79 1,619,700.62

Communication and Shipping Costs 2,397,528.74 915,680.33 3,313,209.07 188,765.69 3,501,974.76 3,492,219.86

Maintenance and Repairs 6,495,755.83 2,887,712.71 9,383,468.54 36,356.37 9,419,824.91 9,092,972.46

Professional and Administrative Services 14,038,335.30 962,579.13 15,000,914.43 1,499,641.93 16,500,556.36 17,652,642.64

Supplies 11,967,340.47 355,672.43 12,323,012.90 1,825,318.04 14,148,330.94 15,952,822.12

Rental and Insurance 4,387,584.10 22,253.19 4,409,837.29 109,829.84 4,519,667.13 4,495,190.18

Awards and Indemnities 653,366.03 653,366.03 49,763.47 703,129.50 2,509,805.41

Scholarships and Fellowships 24,269,782.27 24,269,782.27 68,574,109.79 92,843,892.06 106,857,217.01

Grants and Subsidies 2,941,236.54 2,941,236.54 299,380.72 3,240,617.26 3,180,472.88

Utilities and Fuel 8,899,292.67 392,640.17 9,291,932.84 1,946.97 9,293,879.81 8,360,854.57

Motor Vehicle Operations 245,906.83 104,987.55 350,894.38 35,380.50 386,274.88 348,701.66

Allocations, University Charges and Cost Sharing (754,437.67) 2,505,428.79 1,750,991.12 (25,818.36) 1,725,172.76 1,742,044.79

Stores for Resale, Reissue or Remanufacture 1,801,675.99 1,801,675.99 11,000.00 1,812,675.99 1,944,292.14

Departmental Revenues (8,018,100.30) (21,387.04) (8,039,487.34) 185.01 (8,039,302.33) (7,846,142.04)

Transfers 13,615,973.07 8,138,982.04 21,754,955.11 1,547.25 21,756,502.36 11,524,585.24

Other Operating Expenses 19,860,563.76 3,278,431.44 23,138,995.20 8,364,269.65 31,503,264.85 30,351,783.50

TOTAL OTHER OPERATING EXPENSES 113,085,752.44$ 19,615,248.72$ 132,701,001.16$ 82,507,478.12$ 215,208,479.28$ 221,774,281.28$

CAPITAL OUTLAY

Equipment 2,154,900.33$ 33,364.83$ 2,188,265.16$ 716,501.52$ 2,904,766.68$ 3,003,336.32$

Library Holdings 1,286,814.99 1,286,814.99 34,567.05 1,321,382.04 3,189,847.93

TOTAL CAPITAL OUTLAY 3,441,715.32$ 33,364.83$ 3,475,080.15$ 751,068.57$ 4,226,148.72$ 6,193,184.25$

TOTAL EXPENDITURES AND

TRANSFERS BY OBJECT 347,183,743.81$ 23,214,370.44$ 370,398,114.25$ 107,154,966.67$ 477,553,080.92$ 468,671,210.76$

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The University of Memphis · 2019-08-08 · THE TENNESSEE BOARD OF REGENTS The Honorable Bill...

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