Financial Documents 2017003615AFR
ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED AUGUST 31, 2017 Texas State University, to the extent not in conflict with federal or state law, prohibits discrimination or harassment on the basis of race, color, national origin, age, sex, religion, disability, veterans’ status, sexual orientation, gender identity or expression. Annual Financial Report for the fiscal year ended August 31, 2017 Annual Financial Report for the fiscal year ended August 31, 2017 for Texas State University Texas State University 1 Message from the President I am pleased to present to you In fact, we produced 8,129 graduates in FY 2017 our 2017 Annual Financial and those graduates have gone into the world with Report, which demonstrates the added good fortune of having been a part of a the financial strength, fiscal university with a rising research profile. Our excellence responsibility, and sound in research is reflected not only in the quality and leadership that is in place growth of our master’s and doctoral programs, but also Dr. Denise M. Trauth at Texas State University. in our total research expenditures, which grew from Once again, the university under $10 million in 2005 to nearly $60 million achieved several milestones over the past fiscal year this past year. and we expect the momentum from them to carry It is not a coincidence that our research activities over in the coming year. These achievements reflect have increased substantially, that philanthropic giving an institution rich in diversity with strong academic continues to be strong, that enrollment continues programs, world-class research, and a culture to climb, that we are adding degree programs in high- of excellence.
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