| |
|
|
|
|
|
|
|
|
|
|
| |
| |
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| Combining Balance
Sheet - Restricted Current Year 05 |
| |
| |
Amount (Dr - Cr) |
| |
Expendable Restricted |
Student Loan |
Unexpended Plant |
Debt Service |
Investment in Plant |
Restricted Total |
Prior Year |
Change |
| |
Restricted |
Amount |
Percent |
| Assets |
|
|
|
| |
Cash and cash equivalents |
$
(155,530) |
$
850,747 |
$
(3,577,464) |
$
18,143,097 |
$ 465 |
$
15,261,315 |
$
33,751,980 |
$
(18,490,665) |
-55% |
| |
Accounts Receivable, net |
4,374,831 |
- |
1,253,179 |
- |
- |
5,628,011 |
6,441,215 |
(813,204) |
-13% |
| |
Inventories |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Deposits |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Prepaid Expenses |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Total Current Assets |
4,219,301 |
850,747 |
(2,324,285) |
18,143,097 |
465 |
20,889,326 |
40,193,195 |
(19,303,869) |
-48% |
| |
Student Loans Receivable, net |
- |
12,618,276 |
- |
- |
- |
12,618,276 |
11,554,193 |
1,064,084 |
9% |
| |
Investments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Capital assets, net of depreciation |
- |
- |
- |
- |
218,847,998 |
218,847,998 |
191,697,619 |
27,150,379 |
14% |
| |
Total Non-Current Assets |
- |
12,618,276 |
- |
- |
218,847,998 |
231,466,274 |
203,251,812 |
28,214,463 |
14% |
| |
Total Assets |
4,219,301 |
13,469,024 |
(2,324,285) |
18,143,097 |
218,848,463 |
252,355,600 |
235,407,419 |
16,948,181 |
7% |
| Liabilities |
|
|
|
| |
Current Portion of L/T Liabilities |
- |
- |
- |
- |
(640,235) |
(640,235) |
(575,259) |
(64,976) |
-11% |
| |
Accounts Payable |
(387,097) |
(2,935) |
(2,856,049) |
(412,619) |
(1,530,614) |
(5,189,314) |
(6,374,752) |
1,185,437 |
19% |
| |
Other accrued liabilities |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Deferred revenue |
(1,977,201) |
- |
- |
- |
- |
(1,977,201) |
(2,124,877) |
147,676 |
7% |
| |
Total Current Liabilities |
(2,364,298) |
(2,935) |
(2,856,049) |
(412,619) |
(2,170,849) |
(7,806,750) |
(9,074,888) |
1,268,137 |
14% |
| |
Accrued Health & Liability Claims |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Notes and Bonds Payable |
- |
- |
- |
- |
(49,147,649) |
(49,147,649) |
(49,571,502) |
423,853 |
1% |
| |
Capital Lease Obligations |
- |
- |
- |
- |
(486,819) |
(486,819) |
(876,528) |
389,709 |
44% |
| |
Funds Held for Others |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Total Non-Current Liabilities |
- |
- |
- |
- |
(49,634,468) |
(49,634,468) |
(50,448,030) |
813,562 |
2% |
| |
Total Liabilities |
(2,364,298) |
(2,935) |
(2,856,049) |
(412,619) |
(51,805,317) |
(57,441,218) |
(59,522,918) |
2,081,699 |
3% |
| |
|
|
|
|
|
| |
Net (increase) decrease in Net Assets |
(470,429) |
(259,337) |
(5,646,829) |
20,853,330 |
(25,459,029) |
(10,982,294) |
(5,900,403) |
(5,081,891) |
86% |
| |
Net (Assets) Deficit, July 1 |
(1,384,575) |
(13,206,751) |
(10,827,163) |
(38,583,808) |
(141,584,118) |
(205,586,415) |
(178,031,688) |
(27,554,727) |
15% |
| |
Prior Period Adjustments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| |
Total Net Assets |
$
(1,855,003) |
$ (13,466,088) |
$
(16,473,992) |
$
(17,730,478) |
$ (167,043,147) |
$ (216,568,709) |
$(183,932,091) |
$
(32,636,618) |
18% |
| |
|
|
|
|
|
|
|
|
|
|
|