Combining Balance Sheet - Restricted PY 04

Amount (Dr - Cr)

Expendable Restricted

Student Loan

Unexpended Plant

Debt Service

Investment in Plant

Restricted Total

Assets

Cash and cash equivalents

$ (497,845)

$ 1,655,563

$ (7,286,696)

$ 38,971,170

$ 909,788

$ 33,751,980

Accounts Receivable, net

4,326,687

2,114,528

6,441,215

Inventories

Deposits

Prepaid Expenses

Total Current Assets

3,828,842

1,655,563

(5,172,168)

38,971,170

909,788

40,193,195

Student Loans Receivable, net

11,554,193

Investments

Capital assets, net of depreciation

191,697,619

Total Non-Current Assets

11,554,193

191,697,619

203,251,812

Total Assets

3,828,842

38,971,170

192,607,407

235,407,419

Liabilities

Current Portion of L/T Liabilities

(575,259)

Accounts Payable

(319,390)

(3,004)

(5,664,995)

(387,362)

(6,374,752)

Other accrued liabilities

Deferred revenue

(2,124,877)

Total Current Liabilities

(2,444,267)

(3,004)

(5,664,995)

(387,362)

(575,259)

(9,074,888)

Accrued Health & Liability Claims

Notes and Bonds Payable

(49,571,502)

Capital Lease Obligations

(876,528)

Funds Held for Others

Total Non-Current Liabilities

(50,448,030)

Total Liabilities

(2,444,267)

(3,004)

(5,664,995)

(387,362)

(51,023,289)

(59,522,918)

Net (increase) decrease in Net Assets

1,512,403

(359,747)

11,541,810

(31,060,343)

12,465,474

(5,900,403)

Net (Assets) Deficit, July 1

(2,896,978)

(12,847,004)

(714,649)

(7,523,465)

(154,049,592)

(178,031,688)

Prior Period Adjustments

Total Net Assets

$(1,384,575)

$ (13,206,751)

$ 10,827,161

$ (38,583,808)

$ (141,584,118)

$ (183,932,091)