1979-1980 Cedarville College Annual Report

CHART A CHART B Current Unrestricted Fund Income Fiscal 1979-80 Tuition and Fees ...................................... 50.6% Gitts .............. ....... ......................... .......... ... 6.9% Auxiliary Services. .... ........... ..... .... ... .. ....... 41.5% Other ... 1.0% 100% Current Unrestricted Fund Expenditures Fiscal 1979-80 Instruction and Academic Support ........................ 26.8% Administrative and Institutional Services ........ .. . .. .... 27.9% Physical Plant ................................ ... ... .... .. ...................................... 7.4% Auxiliary Services ..... ..... ..... .. ... ...... ..... .. ..... ... ..... .. 29.6% Debt Service.. ··.:._· .... ,...... ..,._! __. Other .. 6.5% 1.8% 100% Business Affairs The college ended the 1979-80 fiscal year with a $202,846 balance of income over expe!"1ses on total income of slightly more than $6,000,000. Chart A shows the income resources by percentages; Chart B indicates the categories and percentages of expenses. A computer to service several administrative areas was added during the year at a cost of $160,000. Most functions of the system already are being utilized following a very smooth transition. Three dormitories were built during the past year with our own maintenance department serving as general contractor. This resulted in a 20% savings in the total construction costs. Also, this department constructed a four-classroom addition to the li brary.