|Program Category||FY 2013||FY 2014||FY 2015||% Change|
|Scholarships and Fellowships||13.4||13.5||14.1||4.4%|
|Sub-Total - Academic Programs||$966.5||$1,018.6||$1,060.2||4.1%|
|Sub-Total - Support Programs||$314.4||$313.5||$350.6||11.8%|
|Total Institute Expenditures||$1,335.2||$1,357.6||$1,436.6||5.8%|
|a. Increase in Salary and Benefit epxense of approximately $10 million; increase in Supplies and Other services expense of approximately $27 million.|
|b. Increase in expenses Supplies and Other Services of approximatley $ 1 million, increase in utilitie cost approx. $100K and increase in Salary and Benefit expense of appox. $100K.|
|c. Increase in expenses for Salary and Benefit expense of approximatley $6.5 million and Supplies and Other Services of approximatley $4.6 million and increase in deprectiation expense of appoximately $5.8million.|
|d. Increase in expenses for Utilities of approximately $3.6 million and Salary and Benefits of approximately $1.3 million; increase in expense for for supplies and other services of approximately $11.7 million related to capital projects.|
|e. Non-operating expenditures are interest expense on Capital Leases and FY13 GAAP entry to record expense associated with the in-kind gifts. The increase in FY13 due to receipt of in-kind gifts is $30 million. An expense equal to the gift is required to be booked for GAAP purposes. The decrease in FY14 is due to the receipt of the in-kind gift of $30 million being reflected in operating expense under Research.|
Affiliated Organizations 2013 2014 2015 % Change
Total Affiliated Organization Expenses $874.7 $823.0 $877.9 7% Georgia Tech Foundation $130.8 $101.7 $111.3 9% d.
Georgia Tech Athletic Association 70.2 72.3 75.5 4% Georgia Tech Research Corporation 629.6 611.1 650.4 6% c.
Georgia Advanced Technology Venture, Inc. 23.7 19.3 19.1 -1% Georgia Tech Facilities, Inc. 14.4 12.0 14.6 21% e.
Georgia Tech Alumni Association 6.1 6.6 7.0 6% f.
The above information is taken directly from each affiliate’s audited annual financial statements. Revenues and expenses may not necessarily reflect an affiliate’s operating budget due to required reporting adjustments.
Source: Office of Budget Planning and Administration
Figure 7.4 Total Expenditures