University Revenue and Expenses

Revenue for the Fiscal Year Ended April 30, 2007 ($000)

	General Expendable Funds				Restricted Expendable Funds					Total Expend- able Funds	Endow- ment
	Operating			Ancillary	Sponsored Research			Trust	Capital
	Operating	Other (Non- Credit)	Subtotal		Entities Consoli- dated	Entities Not Consoli- dated	Subtotal
1. Government Grants and Contracts
a) Ontario MTCU:
(i) Basic Formula Grant	416,374	0	416,374	0	0	0	0	0	0	416,374	0
(ii) Non-Formula Grants	188,609	0	188,609	209	11,309	0	11,309	2,000	5,056	207,183	0
(iii) Other MTCU Grants & Contracts	0	0	0	0	1,582	0	1,582	1,580	0	3,162	5,196
b) Other Ontario Government Grants and Contracts	20,949	0	20,949	0	89,749	60,981	150,730	3,727	20,179	195,585	0
Total Ontario Grants and Contracts	625,932	0	625,932	209	102,640	60,981	163,621	7,307	25,235	822,304	5,196
c) Federal	0	0	0	0	244,798	149,193	393,991	215	0	394,206	0
d) Municipal	0	0	0	0	143	64	207	15	0	222	0
e) Other Provinces	0	0	0	0	330	56	386	0	0	386	0
f) Foreign	0	0	0	0	8,348	13,801	22,149	0	0	22,149	0
2. Fees
a) Tuition Fees	427,620	25,307	452,927	0	0	0	0	0	0	452,927	0
b) Miscellaneous Fees	133,666	0	133,666	45,805	0	0	0	0	700	180,171	0
3. Borrowings	0	0	0	0	0	0	0	0	75,000	75,000	0
4. Donations and Non-Government Grants and Contracts	16,319	0	16,319	1,541	78,919	189,636	268,555	38,509	17,464	342,388	31,604
5. Sales of Services and Products	0	0	0	85,423	0	0	0	0	0	85,423	0
6. Investment Income
a) Endowment	12,515	0	12,515	0	4,695	0	4,695	39,294	0	56,504	153,700
b) Other Investment Income	45,783	0	45,783	894	829	0	829	4,476	1,612	53,594	0
7. Miscellaneous	13,257	938	14,195	1,894	0	0	0	0	1,000	17,089	0
Total	1,275,092	26,245	1,301,337	135,766	440,702	413,731	854,433	89,816	121,011	2,502,363	190,500
Source: COU. COFO-UO Financial Report University of Toronto Financial Reports are available at: http://www.finance.utoronto.ca/Page799.aspx

Expenses for the Fiscal Year Ended April 30, 2007 ($000)

	General Expendable Funds				Restricted Expendable Funds					Total
	Operating			Ancillary	Sponsored Research			Trust	Capital
	Operating	Other (Non-Credit)	Subtotal		Entities Consoli- dated	Entities Not Consoli- dated	Subtotal
1. Salaries and Wages:
(i) Academic Ranks	266,010	3,824	269,834	0	24,173	30,241	54,414	7,093	0	331,341
(ii) Other Instruction & Research	84,949	4,369	89,318	0	102,340	128,029	230,369	3,571	0	323,258
(iii) Other Salaries & Wages	282,229	8,415	290,644	15,908	41,294	51,660	92,954	3,975	0	403,481
Total Salaries and Wages	633,188	16,608	649,796	15,908	167,807	209,930	377,737	14,639	0	1,058,080
2. Employee Benefits	159,758	2,667	162,425	3,770	13,986	17,497	31,483	1,471	0	199,149
Total Salaries and Benefits	792,946	19,275	812,221	19,678	181,793	227,427	409,220	16,110	0	1,257,229
3. Library Acquisitions	39,690	0	39,690	0	11	0	11	394	0	40,095
4. Furniture and Equipment Purchases	27,901	91	27,992	576	36,316	45,432	81,748	2,084	4,616	117,016
5. Equipment Rental and Maintenance	13,667	188	13,855	5,760	1,700	2,127	3,827	408	0	23,850
6. Printing and Duplicating	8,937	1,202	10,139	66	2,052	2,567	4,619	435	0	15,259
7. Materials and Supplies	57,256	7,465	64,721	1,989	64,761	80,297	145,058	5,137	0	216,905
8. Communications	9,651	261	9,912	401	1,351	1,690	3,041	112	0	13,466
9. Professional Fees	12,220	897	13,117	315	4,447	5,563	10,010	1,979	0	25,421
10. Cost of Goods Sold	0	0	0	54,140	0	0	0	0	0	54,140
11. Travel	16,931	853	17,784	123	16,669	20,853	37,522	2,008	0	57,437
12. Utilities	45,706	0	45,706	7,875	0	0	0	0	0	53,581
13. Renovations and Alterations	7,584	108	7,692	4,673	2,447	3,061	5,508	2,629	6,764	27,266
14. Externally Contracted Services	9,315	1,770	11,085	13,147	18,017	22,540	40,557	2,715	0	67,504
15. Scholarships, Bursaries, etc.	89,537	0	89,537	0	0	0	0	26,847	0	116,384
16. Debt Repayments	355	0	355	1,518	0	0	0	0	0	1,873
17. Interest	13,245	0	13,245	17,751	0	0	0	0	0	30,996
18. Building, Land and Site Services	9,368	0	9,368	0	11,081	0	11,081	1,305	63,382	85,136
19. Other Operational Expenditures	29,423	1,926	31,349	2,451	1,738	2,174	3,912	2,238	0	39,950
20. Internal Cost Allocations	(43,831)	0	(43,831)	0	43,831	0	43,831	0	0	0
21. External Cost Recoveries	(16,784)	(3,768)	(20,552)	0	0	0	0	0	0	(20,552)
Total	1,123,117	30,268	1,153,385	130,463	386,214	413,731	799,945	64,401	74,762	2,222,956
Source: COU. COFO-UO Financial Report

Was this page helpful?

University of Toronto

University Revenue and Expenses

University Revenue and Expenses

Revenue for the Fiscal Year Ended April 30, 2007 ($000)

Expenses for the Fiscal Year Ended April 30, 2007 ($000)