2000 spending accelerated as investment values dropped

College expenditures increased by over 11 percent in 2001 to a total of $426 million, according to Dartmouth's annual report, which is set to be released next week. According to College Treasurer Win Johnson, Dartmouth boosted expenditures across the board -- making improvements to residence halls, increasing fellowship funding and providing more services to students. He added that another major jump in spending during the last fiscal year resulted from a restructuring and elevation of compensation for College employees. Even as Dartmouth's spending rose, the return on its investments dropped, as tougher economic conditions took hold nationwide.