Louisiana Tech University

Revenues -Budget Object Codes - Description

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Class
Dept
BUDGET

OBJECT
Fund


01 Registration Tuition and Fees includes amounts collected by the Comptroller when an individual registers for courses at the University.
03 Fees
10 Federal Appropriations includes all unrestricted amounts received from federal sources reimbursing expenditures for education and general purposes, as well as restricted amounts received from federal sources reimbursing expenditures for student aid.
11 State Appropriations includes all unrestricted amounts received from state sources reimbursing expenditures for education and general purposes.
12 Local Appropriations includes all unrestricted amounts received from local sources reimbursing expenditures for education and general purposes.
21 Federal Grants and Contracts includes all restricted amounts received from federal agencies for specific research, training, instructional or similar activities.
22 State Grants and Contracts includes all restricted amounts received from state agencies for specific research, training, instructional or similar activities.
23 Local Grants and Contracts includes all restricted amounts received from local agencies for specific research, training, instructional or similar activities.
24 Private Gifts, Grants and Contracts includes all restricted amounts received from private sources for specific research, training, instructional or similar activities, as well as unrestricted amounts received from private sources for general use.
30 Indirect Cost Recovery includes amounts received to recover University administrative costs associated with grants and contracts.
35 Endowment Income includes amounts received from benefactors who, by the terms of their conveying instruments, have stipulated that the principal of their gift may never be expended. Also includes the earnings received from the investment of such gifts.
40 Advertising includes amounts received from the sale of advertising space in various University publications.
41 Underwriting includes amounts received from sponsors as a guarantee of financial support.
42 Commissions includes amounts received for transacting a piece of business or performing a service.
47 Fees
48 Fines and Penalties includes amounts collected for various fines and penalties imposed by the University.
50 Interest includes amounts earned on University investments.
61 Rentals includes amounts collected for the rental of University property. (Does not include interdepartmental revenue.)
62 Rentals
69 Indirect Cost includes amounts charged to grants and other selected accounts to reflect University administrative costs. (A contra account to Indirect Cost Recovery.)
71 Sales
72 Sales
73 Sales
74 Sales
89 Transfers
90 Miscellaneous includes University revenues which are not defined in the other major revenue classes.
99 Income Offset represents total income by fund for fiscal year.



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