University of Oregon 2019 Annual Financial Report slide image

University of Oregon 2019 Annual Financial Report

Management's Discussion and Analysis For the Year Ended June 30, 2019 (dollars in thousands) Total Operating and Nonoperating Revenues Grants and Contracts Auxiliary Enterprises, Net Educational and Other 2017 389,405 $ 381,434 116,322 For the Year Ended June 30, Student Tuition and Fees, Net 2019 2018 $ 385,387 123,686 $ 106,913 209,393 204,650 25,694 29,726 Total Operating Revenues 744,160 740,103 190,759 34,585 713,691 Appropriations 74,397 72,698 68,532 Financial Aid Grants 36,083 32,348 31,576 Investment Activity 30,325 21,913 16,154 Gain on Sale of Assets, Net 735 22 Capital Grants and Gifts 141,230 46,383 Other Nonoperating Items Total Nonoperating Revenues 84,358 367,128 72,116 76,095 71,108 245,458 $ 1,111,288 $ 985,561 $ Total Revenues Total Operating and Nonoperating Revenues 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2019 2018 2017 Revenues Operating Revenues 263,465 977,156 Other Non- Operating Revenues Appropriations Educational and Other Revenues â– Auxiliary Enterprises Operating Grants and Contracts Student Tuition and Fees Total grants and contracts (federal, state and local, and nongovernmental) increased $7,364 or 6 percent. Federal grants and contracts increased by $5,405, or 6 percent, state and local grants and contracts increased by $182, or 6 percent, and nongovernmental grants and contracts increased by $1,777, or 9 percent. Auxiliary enterprises revenues increased $4,743, or 2 percent, primarily attributable to housing revenues. Educational and other revenues decreased by $4,032, or 14 percent. Comparison of fiscal year 2018 to fiscal year 2017 Student tuition and fees net of allowances increased $7,971, or 2 percent. Resident undergraduate tuition increased by $4,611, or 5 percent. Nonresident undergraduate tuition increased by $4,004, or 1 percent. These increases were partially offset by an increase in allowances. Total grants and contracts (federal, state and local, and nongovernmental) increased $9,409 or 9 percent. Federal grants and contracts increased by $6,502, or 8 percent, state and local grants and contracts increased by $267, or 10 percent, and nongovernmental grants and contracts increased by $2,640, or 15 percent. Auxiliary enterprises revenues increased $13,891, or 7 percent. Athletics revenues increased by $5,545, housing revenues increased by $4,571 and health services increased by $1,550. These increases were offset by decreases in other auxiliaries. Operating revenues increased $4,057, or 1 percent, to $744,160 in fiscal year 2019 as compared to fiscal year 2018. The 2019 change was primarily due to increases in grants and contracts and auxiliary enterprises, offset Nonoperating Revenues by a decrease in net student tuition and fees. Operating revenues increased $26,412, or 4 percent, to $740,103 in fiscal year 2018 as compared to fiscal year 2017. The 2018 change was due to an increase in auxiliary enterprises, grants and contracts, and educational and other revenues. Educational and other revenues decreased by $4,859, or 14 percent. Comparison of fiscal year 2019 to fiscal year 2018 Student tuition and fees net of allowances decreased $4,018, or 1 percent. Resident undergraduate tuition increased by $4,432, or 5 percent. Nonresident undergraduate tuition decreased by $5,358, or 2 percent. Fiscal year 2019 included a $5,287, or 7 percent, increase in allowances. Comparison of fiscal year 2019 to fiscal year 2018 Capital grants and gifts increased $94,847, or 204 percent, primarily due to gifts supporting construction of the Knight Campus for Accelerating Scientific Impact. Other nonoperating items increased $12,242, or 17 percent, primarily due to increase in noncapital gifts. Comparison of fiscal year 2018 to fiscal year 2017 Capital grants and gifts decreased $29,712, or 39 percent. This was primarily due to a one-time individual donation in 2017. 2019 Annual Financial Report | 11
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