For purposes of the VC Administration 2023 Annual Report, here is the financial landscape:
Administration Division | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|
| Actual | Actual | Actual | Budget | |
| Total Revenue | 23,457 | 19,650 | 22,521 | 21,460 |
| Operating Transfers | 248,835 | 240,690 |
253,855 |
257,451 |
| Total Revenue & Transfers | 272,292 | 260,341 | 276,377 | 278,911 |
| Total Compensation | 220,542 | 211,741 | 216,251 | 247,902 |
| Total Non Compensation without Recharge Income | 99,385 | 97,719 | 106,162 | 88,262 |
| Total Expenses without Recharge Income | 319,927 | 309,460 | 322,413 | 336,164 |
| Total Recharge Income | 63,919 | 58,149 | (67,459) | (62,703) |
| Net Operating Surplus/(Deficit) | 16,283 | 9,029 | 21,422 | 5,449 |
| Changes in Fund Balance - Pos/(Neg) | (22,684) | (9,827) | (19,471) | (17,125) |
| Change in Net Assets - Pos/(Neg) | (6,401) | (799) | 1,951 | (11,676) |
| Beginning Balance | 22,386 | 15,985 | 15,187 | 14,849 |
| Ending Balance | 15,985 | 15,187 | 17,138 | 3,174 |
| Notes: | ||||
| 1. Source of data: Cal Reporting, POV Current Funds, Year Total, Final, and Amount in $000s. | ||||
| 2. International House has a special arrangement with an Agency Fund. This table only includes its activities in Current Funds. | ||||
| 3. Recharge Income is recorded as a credit of Non-Comp in the ledger. These tables present them separately. | ||||
| 4. 2020-21, 2021-22, and 2022-23 Changes in Fund Balance include divisional sweep. | ||||
| 5. 2022-23 Operating Transfers and Expenses include adjustments upon the campus budget decisions. | ||||