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Division of Administration and Finance

Our Initiatives

As part of our commitment to spending transparency, we have developed a website that connects you to the latest financial reports.

Transparency Initiative

Our transparency reporting provides information on:

  • payments to university vendors
  • athletics team travel
  • state procurement cards
  • university financial statements
  • budget documents approved by the university's Board of Trustees
  • annual reports compiled by the university for other state agencies.

The University of South Carolina is a multi-campus system with funding sources that include unrestricted and restricted funds that support general operations so that we may carry out our primary mission of instruction, research and public service. All state general fund appropriations derived from state taxes and state revenue collections are used to fund a portion of salaries and fringe benefits and are therefore not a source of funding for the spending transparency website. For fiscal year 2023-2024, state appropriations account for 17.8 percent of the total current funds budget of the university system. Other sources are student tuition and fees (44.8 percent), grants, contracts and gifts (22.5 percent), departmental sales and services (3.5 percent) and auxiliary enterprises (11.4 percent).

 

Division of Administration and Finance


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