This report provides detailed financial information for provincially-assisted colleges and universities in Ontario (Canada) for the fiscal year ended April 30, 1994. It describes university accounting procedures, principles for reporting financial data, and definitions. Nine tables provide summary information on revenue, expenses, fund balances, and enrollment for all 43 provincially-assisted universities and colleges in Ontario. Fifteen tables provide summary information on revenue, expenses, and fund balances for the 21 provincially-assisted universities. The bulk of the report consists of individual financial reports for each university, providing data for fiscal year 1994 on: (1) combined revenue and expenses and changes in fund balances; (2) revenue and additions by source and type of fund; (3) expenses by object and type of fund; (4) actual operating expenses by object and functional area; and (5) general funds changes in appropriated fund balances. (MDM)