Boston College Fact Book 1996 - 1997


Highlights of Financial Operations
For the Five Years Ending May 31, 1996 (Dollars in Millions)

1992

1993

1994

1995

1996*

Operating Revenues

Tuition and Fees

$162.3

$172.0

$185.7

$202.9

$216.6

Sponsored Research & Training Grants

13.8

14.2

14.8

17.3

18.6

Government Grants & Student Aid

7.6

3.3

3.3

3.4

4.1

Auxiliary Enterprises

61.1

65.1

73.2

77.9

81.5

Other Revenues

4.5

3.5

5.2

5.8

5.8

Total Operating Revenues

249.3

258.1

282.2

307.3

326.6

Nonoperating Assets Used for Operations

15.5

18.0

17.3

20.7

18.9

Total Operating Revenues and Other Support

$264.8

$276.1

$299.5

$328.0

$345.5

Expenses

Instruction

$ 81.3

$ 88.3

$ 95.1

$ 104.6

$114.0

Libraries

9.2

9.6

10.2

10.9

12.1

Sponsored Research

7.0

7.4

7.2

7.5

8.1

Student Services

11.3

11.4

12.3

13.4

14.8

Student Aid

32.7

35.4

38.8

43.7

50.4

General Administration

33.7

33.8

35.7

39.6

43.1

Plant Maintenance

15.4

15.9

17.7

18.8

20.3

Auxiliary Enterprises

57.8

59.3

67.1

71.4

76.3

Other

5.5

4.2

9.7

1.8

2.7

Total Expenses

$253.9

$265.3

$293.8

$311.7

$341.9

Excess of Operating Revenues Over Expenses

$10.9

$10.8

$5.7

$16.3

$3.6

Note: For FY1996, the format for reporting the results of operations has changed from those reported in prior years. As a result, figures for FY1992-1995 have been restated to conform with this change. This schedule does not include nonoperating revenues except to the extent those revenues were used for operations, in which case they are reported as "Nonoperating Assets Used for Operations". Nonoperating revenues consist of gifts, investment income, and realized and unrealized gains on investments.

*FY 1996 figures do not include a one-time curtailment charge of $8.3 resulting from a change in accounting for the University's Postretirement Health Care Plan.
Source: Office of the Controller

Date Posted: December 4, 1996
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