After Jazmine Hughes’ editorial on November 9th entitled “On Being Number One,” we asked President Higdon if he could answer the question on many students’ minds, “Where does our money go?” with a breakdown of the revenue that comes into the operating budget each year and where that money is then distributed. He agreed, and a week later we were sent pages of information from Mary Calarese, Director of Financial Planning, and Deb MacDonnell, Director of Public Relations. We have formatted the breakdown below based on the most recent complete numbers from the fiscal 2010 financial statements. We hope you find it as helpful and relevant as we do.
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