Overview: Sponsored Expenditures
Expenditures on approximately 989 active grants and contracts during FY16 totaled $106.5 million, including both direct costs and facilities and administration cost expenditures. FY16 sponsored expenditures decreased by 2% compared to FY15 ($109 million). Expenditure totals cannot be directly compared to award totals for the same fiscal year, because grant periods do not correspond strictly to our fiscal year. Organized Research accounted for 67% of the total sponsored expenditures in FY16, while Sponsored Instruction and Other Sponsored activities accounted for the remainder.
Overview: Facilities & Administration Recovery
Revenue from the federal government and other agencies to recover already expended university Facilities and Administrative (F&A) costs totaled $20.5M in FY16. Although the federally negotiated F&A rate budgeted for on-campus organized research activities increased to 46.5% starting FY17, some activities carry a lower F&A rate and some agencies do not allow the federally negotiated rate to be charged to recover the revenue against already expended university costs. The effective F&A recovery rate was 23.8% an increase compared to FY14 (23.1%). F&A costs recovered in FY16, together with some ICC fund reserves, were allocated for FY16 expenditures in many areas. These allo cations yielded the following distribution:
- Faculty Support* 42.56%
- Central Research Administration 21.99%
- Unit administration (formulaic return based on sponsored activity) 21.95%
- Utilities 13.5%
*Faculty Support includes capital construction expenditures,start-up costs, retention costs, core research facilities, support for the library and support of programs and activities related to research, scholarship and creative inquiry.