Findings from the Financial Statistics of Institutions of Higher Education Survey (conducted each fall as part of the Higher Education General Information Survey (HEGIS) are presented in 13 tables and a summary. Statistics show college and university current funds revenues and expenditures exceeded $100 billion for the first time in the fiscal year 1986. This is 9% higher for both revenues and expenditures than in fiscal year 1985. The growth in revenues and expenditures outpaced inflation for the fourth year in a row. Though public and private institutions receive their funds from different sources, they spend them in a similar manner. Statistics for fiscal year 1986 indicate both public and private four-year institutions spent the largest portion of their funds on instruction. Other findings from the surveys for fiscal years 1983-1986 are noted. Information includes revenues in public and private four-year institution, by source; revenues in public and private two-year institutions, by source; changes in current funds expenditures; expenditures in public and private four-year institutions, by function; expenditures in public and private two-year institutions, by function; and revenues and expenditures per FTE (full-time equivalent) student. Appendix A describes the data source, consisting of every institution in HEGIS, and appendix B gives definitions. (SM)