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University of Houston
FY 2001 Account Balance Fluctuation Analysis
(Only amounts that changed from FY 00 by more than 10% are listed.)
Income Statement Items
State appropriations revenue increased by 20.5%.
The increase in appropriations is a result of the recognition
of the annual allocation of Higher Education Assistance Funds as
revenue at the University of Houston campus. In prior years, the
HEAF appropriation was made to the UH System which determined the
annual allocation among the UHS components. A recent change in legislation
provides for the annual calculation and allocation of HEAF directly
to UHS campuses.
Other sources of revenue increased by 19.0%.
Despite less than favorable financial market conditions, interest
bearing non-endowed investments gained market value as a result
of declining interest rates. In addition, endowed investment earnings
increased during the year, as did other non-endowed investment earnings.
Operation and plant maintenance expenditures increased by 22.8%.
Due to market conditions in Texas and the Houston area, as well
as nationwide, utility costs increased as a result of rising utility
rates.
Scholarships and fellowships expenditures increased
by 11.6%.
Additional resources for student financial assistance were made
available at the federal level through increases in funding for
the Pell Grant and the Supplemental Educational Opportunity Grant
(SEOG) programs. At the state level, appropriations increased for
the Texas Grant program. A portion of authorized tuition and fee
increases provided additional funding for several scholarship, grant,
and student aid programs. As a result, scholarship and financial
assistance awards increased during the year.
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