Operating revenues are revenues that are actively earned, such as tuition and fees. Non-operating revenues, on the other hand, refer to income that is not directly tied to student enrollment and instead comes from state or federal appropriations.
The Permanent University Fund, established in 1876, leases state-owned land to agricultural and energy companies. A fraction of the revenue generated is placed in another fund called the Available University Fund and is then used to support UT and Texas A&M systems’ operations. The AUF is also used to directly support UT Austin’s operations, but UTD does not receive money directly from the AUF.
Adjustments to UTD’s operating budget include tuition discounting, capital outlay, debt transfers and depreciation expenses. The revenues and expenses reported are adjusted to account for these transactions.