Skip to main content
Southeast Missouri State University
Audience  Search  Menu 

You are here:

  1. Home
  2. news
  3. regents-hear-fy21-operating-budget-to-actual-report-page-247-248

Regents Hear FY21 Operating Budget to Actual Report (Page 247-248)

Continue to main content
Published: December 18, 2020

Share Options

  • Share to Twitter
  • Share to Facebook
  • Share to Linkedin

Dr. Brad Sheriff, vice president for finance and administration, delivered an FY21 Operating Budget to Actual Year to Date Report of revenues and expenditures though Nov. 30.

Sheriff highlighted the state appropriations that remain above the budget, which was built with an estimated 20% reduction that has not been fully realized.

He noted that net tuition and fee revenue fell $1 million short of budget as scholarships and waivers exceeded budgeted amounts.

The Universitys personnel expenses are well below budget, as expected, he said. This is due primarily to how personnel costs are budgeted and to careful management of position vacancies.

Total estimated expenditures lag budget by $7.6 million, but are only $3.1 million less than last year at this time, while total estimated income is within $350,000 of budget and $6.6 million below last year at this time, Sheriff said.

Sheriff also outlined how equipment and operations expenditures align with budget when adjusted for COVID-19 related costs. He said transfers are significantly better than budget as reimbursements are received from coronavirus relief funds.

Sheriff said the budget surplus at Nov. 30 exceeds the estimate by approximately $10 million. Although this is encouraging, much of the variance was anticipated and has already been earmarked for one-time funding needs, he said.

In response to a question about the status of state appropriations, Sheriff said this year, higher education has not received a decrease as large as previously anticipated. He said the University will continue to monitor appropriations as state officials make budgetary decisions.

Chris Martin, chief of staff, said the University maintains effective and valuable relationships with state officials, and actively engages with officials to discuss the needs of Southeast from year-to-year and long-term.

Related News

More News
More News

Site Menu

Southeast Missouri State University

Secondary

  • Apply
  • Visit
  • Request Info
  • Give

Site

  • Academics
    • Program Finder
    • Undergraduate
    • Graduate
    • Online
    • Early College Programs
    • Study Abroad
    • Research
    • Honors Program
  • Admissions & Aid
    • Admission Requirements
    • How to Apply
    • Paying for College
    • Visiting SEMO
    • Admission Events
    • Meet the Team
  • Life at SEMO
    • Living on Campus
    • Dining
    • Student Life
    • Events
    • Traditions
    • Cape Girardeau
  • Student Support
    • Academic Support
    • Career Support
    • Health & Wellness
    • Financial Services
    • Dean of Students
    • Military & Veteran Services

Secondary

  • Apply
  • Visit
  • Request Info
  • Give

Quick Links

  • About
  • News
  • Blog
  • SEMO Online
  • Economic & Workforce Development
  • Colleges & Departments
  • Offices & Services
  • People Directory
  • Athletics
  • University Foundation
  • En Español
  • Institutional Data

Audience Links

Southeast Missouri State University

Resources for you.

  • Current Students
  • Parents & Families
  • Accepted Students
  • Counselors
  • Alumni
  • Faculty & Staff
  • Donors
  • Community Partners

Info For:

  • Current Students
  • Parents & Families
  • Accepted Students
  • Counselors
  • Alumni
  • Faculty & Staff
  • Donors
  • Community Partners

Current Students Resources for you

Featured Links

  • Canvas
  • mySEMO
  • Email
  • SupportNET
  • University Calendar
  • Campus Map
  • Office Directory
  • People Directory
  • People Search
  • University Closings

Academics

  • Program Finder
  • Academic Calendar
  • Academic Advising
  • Academics
  • Course Catalog
  • Register for Classes
  • Registrar
  • Help Desk
  • Kent Library

Paying for College

  • Pay My Bill
  • Financial Services
  • Student Employment
  • Financial Calendar

Student Life

  • Apply for Housing
  • Residence Hall Association
  • Student Transportation
  • Dining
  • Dean of Students

Career Services

  • Schedule an Appointment
  • Handshake Jobs
  • Resources
  • Events

Parents & Families Resources for you

Featured Links

  • Family/Parents
  • Family Weekend
  • About Southeast
  • Campus Map
  • Academic Calendar
  • Office Directory
  • People Directory

Your Student

  • Admissions
  • New Student Programs
  • Opening Week
  • Financial Services
  • Residence Life
  • Academic Support
  • Health and Wellness
  • Dean of Students
  • University Police Department

Accepted Students Resources for you

Featured Links

  • Admissions
  • Camp Redhawk
  • Engage in 8
  • First Step
  • First Year Experience
  • New Student Programs
  • Textbook Rental
  • University Calendar

Academic Advising

  • Academic Calendar
  • Program Finder
  • Schedule an Appointment

Career Services

  • Schedule an Appointment
  • Handshake Jobs

Paying for College

  • Financial Aid
  • Scholarships
  • Payments

Student Life

  • Apply for Housing
  • Residence Life
  • Dining
  • Student Orgnizations

Counselors Resources for you

Featured Links

  • Office of Admissions
  • Find My Admissions Counselor
  • Counselor Resources
  • Early College Programs

Applying to SEMO

  • Admissions Requirements
  • How to Apply
  • Deadlines
  • Test Optional

Financial Aid

  • FAFSA
  • SEMO Scholarships
  • Cost and Affordability

Launching Careers

  • Academics
  • Outcomes
  • Career Services

Alumni Resources for you

Featured Links

  • Alumni Association
  • Update Your Information
  • Share Your Story
  • Employment
  • Office Directory
  • Southeast News
  • People Directory

Get Connected

  • Alumni Events
  • Campus Events
  • Show SEMO Spirit

Give Back

  • Giving to SEMO
  • Get Involved
  • Annual Fund

Faculty & Staff Resources for you

Featured Links

  • Profile Spotlight Form
  • Offices and Services
  • People Directory
  • People Search
  • mySEMO
  • Email
  • Academic Calendar
  • University Calendar
  • Campus Map
  • SupportNET
  • Kent Library
  • Human Resources
  • Training and Development
  • University Closings
  • SE Alerts
  • Web Change Request
  • Southeast News

Faculty Resources

  • Faculty Senate
  • Canvas
  • Center for Teaching and Learning

Staff Resources

  • Professional Staff Council
  • CTS Staff Council

Facilities

  • Work Order/Order Supplies Request
  • Central Receiving

Donors Resources for you

Featured Links

  • Giving to SEMO
  • University Foundation
  • Office Directory
  • People Directory

Making an Impact

  • Student Stories
  • Ways to Give
  • Student Emergency Fund
  • Get Involved

Connecting with SEMO

  • Alumni Association
  • Alumni Events
  • Academics
  • Redhawk Athletics

Community Partners Resources for you

Featured Links

  • Economic and Workforce Development
  • Skill Development
  • Factbook
  • About Southeast
  • Career Services
  • University Foundation
  • University Communications
  • People Directory
  • People Search

Workforce Development

  • Small Business and Technology Development Center
  • SEMO Online
  • Regional Professional Development Center
  • Alumni Association

Community Service

  • Southeast Serves
  • Office of Campus Life
  • Office of Greek Life
  • Redhawk Athletics

Media Inquiries

  • Southeast News
  • Redhawk Sports Information

One University Plaza Cape Girardeau, MO 63701

(573) 651-2000
Contact Us

Social

  • Facebook
  • Instagram
  • Linkedin
  • Youtube

Campuses

  • Cape Girardeau
  • River Campus
  • Kennett
  • Sikeston

Campus Links

  • News
  • Athletics
  • Events
  • Blog
  • Accreditations
  • Show Me Center

Social

  • Facebook
  • Instagram
  • Linkedin
  • Youtube

Footer

  • Employment
  • Accessibility
  • Nondiscrimination Policy
  • Privacy Policy
  • Disclosures
  • Sunshine Law

© 2025 SEMO