Trends in Revenue, Expenditure, and Accumulated Income of the Faculty of Humanities and Social Sciences, Prince of Songkla University Pattani Campus, for Fiscal Years 2023-2032

Abstract

            This research aimed to analyze the revenue, expenditure, and cumulative income of the Faculty of Humanities and Social Sciences, Prince of Songkla University, between the fiscal years 2018 to 2022, and also to forecast the trends in revenue, expenditure, and cumulative income for the Faculty of Humanities and Social Sciences, Prince of Songkla University, between the fiscal years 2023 to 2032. The dataset comprised comprehensive reports documenting the Faculty's revenue, expenditure, and cumulative income for the fiscal years 2013 to 2022, recorded in tabular form. The data was analyzed using descriptive statistics to compute averages and percentages, and the Microsoft Excel software with the FORECAST command was used to predict trends.

            The analysis of the revenue and expenditure of the Faculty of Humanities and Social Sciences revealed a declining trend in revenue, although it remained higher than the expenditure, resulting in a surplus at the end of each fiscal year. The highest revenue was recorded in fiscal year 2018, amounting to 57.09 million baht, while the lowest was in fiscal year 2021, at 35.44 million baht, primarily sourced from tuition fees. On the other hand, the expenditure showed an increasing trend, except for fiscal year 2022. The highest expenditure was in fiscal year 2019, totaling 36.01 million baht, while the lowest was in fiscal year 2022, at 25.24 million baht. When considering the percentage of expenditure to revenue, an increasing trend was observed, except for fiscal year 2022. Categorizing the expenditure by function over the five years revealed that general administration had the highest average expenditure at 39.54%, while the lowest was attributed to preservation and promotion of arts and culture at 0.45%. The study's forecast for the future fiscal years 2023-2032, based on retrospective data from fiscal years 2013-2022, indicates fluctuating patterns in both revenue and expenditure, while the cumulative income of the Faculty of Humanities and Social Sciences is projected to increase. Over the next ten years, during fiscal years 2023-2032, both revenue and expenditure are anticipated to continue their ascent, except for fiscal year 2026. Cumulative income is also poised to rise, with revenue projections ranging from 40 to 54 million baht while expenditure varying from 29 to 37 million baht, and cumulative income of the Faculty of Humanities and Social Sciences spanning from 146 to 254 million baht.