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TABLE 13.-- Miscellaneous receipts of land-grant institutions for 1928

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New Mexico College of Agriculture and Mechanic Arts.
Cornell University
North Carolina State College
North Dakota Agricultural College
Ohio State University.

1 Bond issue, trust funds.

33, 253 668, 013 30, 750 180, 596

7, 214
33, 812

1, 224
230, 137
Service enterprises.

35, 753
753, 387
200, 532

35. 006 230, 137

TABLE 13.— Miscellaneous receipts of land-grant institutions for 1928—Continued

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$177, 072

86, 179

$3,578

$7, 859

$3, 451

Oklahoma Agricultural and Mechanical College.
Oregon Agricultural College.
Pennsylvania State College
Rhode Island State College
Clemson Agricultural College.

$1,500

$177, 072
101, 367

1,500
4, 257
38, 874

4, 257
38, 874

77, 648

$11, 346

3, 594

South Dakota State College.
University of Tennessee
Agricultural and Mechanical College of Texas.
Agricultural College of Utah.
University of Vermont.

85, 022
3 167, 147
224, 890

3, 725

$1,850

6, 076

192, 893

177, 610
167, 147
432, 141
22, 630
20, 497

€, 432

705
1, 606

18, 200

18, 891

34, 310

15, 232

12, 912

Virginia Agricultural and Mechanical College..
State College of Washington.
West Virginia University
University of Wisconsin.
University of Wyoming..

92, 306
91, 052
110,348

154, 760

91, 052
117, 232
54, 559
26, 341

6, 984
43, 382
3, 797

11, 177

22, 544

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Chapter III. - Distribution of Expenditures

Great difficulty is encountered in analyzing the expenditures of the land-grant institutions because of the lack of uniformity in their classification. This is due to an uncertainty as to whether expenditures reported under a given heading in one institution represent similar expenditures in another institution. On account of the lack of accuracy of data submitted in this respect, it has been decided to base the study of expenditures upon reports made by the land-grant colleges to the Federal Government for the fiscal year 1928. The classifications contained in the reports are quite uniform throughout and represent the amounts officially given by the institutions as to their actual expenditures for each of the several items.

The grand total expenditures of the 52 land-grant institutions for 1928 amounted to $139,632,601. Of this sum, $112,346,451 was expended for operation and maintenance, $23,070,067 for capital outlays, and $4,116,083 for trust funds. The figures include expenditures for administration, resident instruction, library, extension, experiment station, research, physical plant, operation and maintenance, physical plant extension, trust funds, residence and dining halls, athletics, hospitals, dispensaries, revolving funds, auxiliary enterprises, extracurricular activities, and for all other purposes.

Expenditures for capital outlay are variable. In some years the colleges receive large funds for physical plant expansion and equipment while in other years little or no funds are available. In consequence there is a difference in expenditures for capital outlay from year to year. There are also a great many noneducational expenditures, such as residence and dining halls, athletics, hospitals, dispensaries, auxiliary services, and similar enterprises, which not only have no relationship to the academic functions, but also vary to a considerable degree in amounts annually dependent upon their receipts. Most of these undertakings are operated on a rotary fund basis.

Any sound appraisal of expenditures, therefore, must take into consideration the direct expenditures for the accomplishment of the educational work in contradistinction to other services. For this reason, in the ensuing analysis it is proposed to exclude expenditures noneducational in character and to consider only expenditures for educational purposes or purposes contributing directly to the educational work of the institutions. Much importance attaches to such an appraisal. Successful financial operation of the colleges involves a balanced adjustment of expenditures for administration and physical plant operation with expenditures for resident instruction, general library, extension, experiment station, and research. The distribution of the expenditures between these items, allowing for differences in local conditions, indicates to a degree whether the resources are being effectively expended to carry out the academic program and to attain the educational objectives of the institutions. Such a comparison of expenditures also reveals whether unduly large proportions are expended to cover overhead costs of administration and of physical plant operation. Table 14 shows the expenditures exclusively for educational and contributory purposes with proportions for the various items.

Table 14.-Expenditures of land-grant institutions for educational and contributory purposes

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Kansas State Agricultural College

109, 984 University of Kentucky

76, 540 Louisiana State University

46, 712
University of Maine.

72, 456
University of Maryland.

158, 360
Massachusetts Agricultural College

55, 754
Massachusetts Institute of Technology 262, 280
Michigan State College

104, 640
University of Minnesota

353, 524
Mississippi Agricultural and Mechanical
College..

112, 305
University of Missouri

180, 726 Montana State College

38, 235
University of Nebraska.

161, 344
University of Nevada.

35, 318
University of New Hampshire.

53, 362 1 This amount is designated as miscellaneous.

2,089, 413
1, 849, 229
1, 364, 408

934, 275
1, 528, 329
1,041, 310
2, 620, 405
2,418, 529
5, 540, 979
1, 211, 804
2,790, 531

733, 019
2,875, 177

476, 475
863, 992

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205, 273
408, 643
313, 646
661, 451
193, 055
323, 950
69, 684
295, 828

51, 058
136, 860

11, 092 75, 978 10, 122 78, 463 13, 415 21, 197

529, 952 147, 480 219, 954

82, 802 104, 224

19.0
20.1

7.7
17.4
12.1

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