8 TAMIU REVENUES In FY24, Texas A&M International University generated total revenues of $181 million, as shown in Table 2.1. Government funding from local, state, and federal sources represented the largest share at 55% of total revenue. Student tuition and fees accounted for 20%, while the remaining 25% was derived from diverse sources, including research contracts and grants, private donations, investment income, auxiliary services, and other institutional services. TAMIU EXPENSES In FY24, TAMIU’s expenses totaled $156.9 million. The University’s payroll, including salaries, wages, and benefits, amounted to $76.8 million, representing 49% of total expenses as shown in Table 3.1. The remaining $80.1 million supported other institutional needs, including capital costs, operations and maintenance, and student scholarships. TABLE 2.1: Annual Revenues, FY 2024 Source: TAMIU Salary & Wages $58,429,332 Benefits $18,402,343 Utilities $2,598,938 Scholarships $16,413,982 Operations & Maintenance $20,016,957 Equipment (Capitalized) $3,451,743 Other Operating Expenses $12,276,831 Debt Service $13,776,051 Depreciations & Amortization $11,632,769 Total Expenses $156,998,946 Source: TAMIU State Appropriations $60,536,731 Tuition & Fees $36,170,895 Contracts & Grants $11,573,063 Student Financial Assitance (Federal & State) $38,411,157 Gifts $3,327,985 Sales & Services $1,695,487 Investment Income $27,000,374 Other Operating Income $2,352,431 Total Revenues $181,068,123 TABLE 3.1: Expenses, FY 2024
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