2022-2023 Finance REPORT 2% Salaries and Benefits ................................................................... 17,213,491.60 5% Supplies and Services ..................................................................... 7,208,356.36 Scholarships and Fellowships ...................................................... 4,904,335.93 16% 54% Utilities ................................................................................................. 527,637.69 Depreciation ..................................................................................... 1,713,819.45 Other Nonoperating Expenses ............................................................. 75,054.46 EXPENSES Total Expenses – $31,642,695.49 23%