This report is an analysis, by nationally accepted classification, of current operating revenue and expenditures for the West Virginia state system of higher education for fiscal year 1973-74. Data are presented for total operating revenue expenditures, regular educational and general revenue and expenditures, percentage distribution of regular educational and general revenue and expenditures to eight sources, regular educational and general revenue and expenditures per full-time-equivalent (FTE) student, sponsored research revenue and expenditure, auxiliary enterprise revenue, student aid revenue, and West Virginia University Medical Center revenue. (MJM)