Combining Income Statements by Function Prior Year 04
									Adjustments
				Current Unrestricted	Expendable Restricted Fund	Loan Fund	Plant Fund	Combined Total	Tuition
									Allowance	Other	Total
			Student Tuition and Fees	$   55,445,538	$                      -	$                  -	$                     -	$  55,445,538	$(16,152,914)	$                -	$  39,292,624
			Federal Grants and Contracts	179,512	17,879,922	120,712	22,965	18,203,111	-	-	18,203,111
			State/Local Grants and Contracts	-	1,497,773	-	-	1,497,773	-	-	1,497,773
			Nongovernmental Grants and Contract	13,018	10,605,569	-	137,130	10,755,718	-	-	10,755,718
			Indirect Cost Recoveries	5,088,063	(5,088,062)	-	-	1	-	-	1
			Educational Activities	4,123,693	192,350	-	16,858	4,332,900	-	924,032	5,256,932
			Student Resident Fees	12,900,888	-	-	-	12,900,888	-	458,606	13,359,494
			Sales and Services of Dept Activities	9,053,600	173,379	-	-	9,226,979	-	(1,562,250)	7,664,729
		OPERATING REVENUES		86,804,311	25,260,931	120,712	176,953	112,362,907	(16,152,914)	(179,612)	96,030,381
			Instruction	(48,809,939)	(1,361,179)	-	631,994	(49,539,124)	-	(617,941)	(50,157,065)
			Research	(7,078,287)	(20,616,681)	-	1,517,962	(26,177,006)	-	(1,524,932)	(27,701,938)
			Public Service	(1,677,931)	(2,832,530)	-	-	(4,510,461)	-	-	(4,510,461)
			Academic Support	(10,589,975)	(21,125)	-	289,400	(10,321,701)	-	(289,400)	(10,611,101)
			Student Services	(5,501,836)	(392,677)	-	-	(5,894,513)	-	-	(5,894,513)
			Institutional Support	(15,189,973)	(14,323)	(64)	(92,943)	(15,297,302)	-	(1,222,787)	(16,520,089)
			Operation & Maintenance of Plant	(8,697,871)	-	-	(247,157)	(8,945,028)	-	4,907,736	(4,037,292)
			Student Financial Support	(10,398,765)	(7,591,168)	(40,834)	-	(18,030,766)	16,152,914	(6)	(1,877,858)
			Auxiliary Activities	(20,243,808)	-	-	831,655	(19,412,154)	-	19,412,154	0
			Sales and Services of Dept Activities	-	-	-	-	-	-	(11,820,211)	(11,820,211)
			Student Residents	-	-	-	-	-	-	(8,665,002)	(8,665,002)
			Depreciation	-	-	-	(10,519,710)	(10,519,710)	-	2	(10,519,708)
		OPERATING EXPENSES		(128,188,385)	(32,829,683)	(40,897)	(7,588,800)	(168,647,764)	16,152,914	179,613	(152,315,237)
			Mandatory Transfers In	(1,953)	2,954,058	77,296	40,272,740	43,302,140	-	-	43,302,140
			Mandatory Transfers Out	(2,051,079)	(1,443,603)	-	(39,807,459)	(43,302,140)	-	-	(43,302,140)
			Non Mandatory Transfers In	36,070,737	3,738,458	9,585	15,275,759	55,094,539	-	-	55,094,539
			Non Mandatory Transfers Out	(39,203,802)	(3,185,788)	(20,789)	(12,684,160)	(55,094,539)	-	-	(55,094,539)
		TRANSFERS		(5,186,098)	2,063,125	66,092	3,056,881	0	-	-	0
			State appropriations, Operating	47,436,113	155,020	-	-	47,591,133	-	17	47,591,150
			Gift Income	2,112,397	3,835,120	1,000	-	5,948,517	-	(17)	5,948,500
			Investment Income (loss)	100,146	3,262	212,840	23,442	339,690	-	-	339,690
			Interest Expense	(16,166)	(178)	-	(489,928)	(506,272)	-	-	(506,272)
			Capital Appropriations	-	-	-	8,033,155	8,033,155	-	-	8,033,155
			Capital Grants and Gifts	-	-	-	4,689,334	4,689,334	-	-	4,689,334
			Fund Additions (Deductions)	-	-	-	(405,705)	(405,705)	-	-	(405,705)
		NON-OPERATING REVENUES (EXPENSES)		49,632,490	3,993,223	213,840	11,850,299	65,689,852	-	-	65,689,852
	Net increase (decrease) in Net Assets			3,062,318	(1,512,403)	359,747	7,495,333	9,404,995	-	1	9,404,996
	Net Assets, Beginning of Year			5,655,476	2,896,978	12,847,004	160,184,504	181,583,962	-	-	181,583,962
	Net Assets, End of Year			$     8,717,794	$         1,384,575	$   13,206,751	$    167,679,837	$190,988,957	$                -	$               1	$190,988,958