Combining Income Statement by Object - Current Year 05
 
    Adjustments & Eliminations  
    Unrestricted Funds Restricted Funds Investment in Plant Combined Total Capital Tuition  
  Expenses Allowance Other Total
  Student Tuition and Fees  $    54,607,269  $                -  $                 -  $ 54,607,269  $               -  $ (15,707,288)  $            2  $  38,899,983
  Federal Grants and Contracts            192,803     19,700,267                    -     19,893,070                   -                     -                 -     19,893,070
  State/Local Grants and Contracts                       -       3,695,352                    -       3,695,352                   -                     -                 -       3,695,352
  Nongovernmental Grants and Contracts                   125       8,401,596                    -       8,401,722                   -                     -                 -       8,401,722
  Indirect Cost Recoveries          5,658,644      (5,658,642)                    -                   2                   -                     -               (2)                    -
  Educational Activities          3,875,069         225,547                    -       4,100,617                   -                     -       (91,998)       4,008,619
  Student Resident Fees        13,357,342                    -                    -     13,357,342                   -         (132,383)      575,937     13,800,896
  Sales and Services of Dept Activities          9,840,122         126,576                    -       9,966,698                   -                     -     (483,939)       9,482,759
  OPERATING REVENUES        87,531,375     26,490,697                    -   114,022,071                   -     (15,839,671)                 -     98,182,401
  Salaries & Wages - Non-Faculty       (28,864,369)      (4,682,883)                    -    (33,547,252)                   -                     -                 -    (33,547,252)
  Salaries & Wages - Faculty       (26,005,230)      (3,292,932)                    -    (29,298,162)                   -                     -                 -    (29,298,162)
  Salaries & Wages - Graduate Students         (3,343,022)      (3,392,935)                    -      (6,735,957)                   -                     -                 -      (6,735,957)
  Salaries & Wages - Undergrad Students         (2,610,192)        (972,679)                    -      (3,582,871)                   -                     -                 -      (3,582,871)
  Fringe Benefits       (23,100,726)      (2,450,474)                    -    (25,551,200)                   -                     -                 -    (25,551,200)
  Supplies and Services       (28,244,453)    (43,186,376)    (27,970,975)    (99,401,804)    64,719,587                     -                 -    (34,682,217)
  Scholarships and Fellowships       (13,726,207)      (7,278,116)                    -    (21,004,323)                   -      15,839,671                 -      (5,164,652)
  Utilities         (8,010,216)          (42,254)                    -      (8,052,470)                   -                     -                 -      (8,052,470)
  Depreciation                       -                    -      (9,783,037)      (9,783,037)                   -                     -                 -      (9,783,037)
  OPERATING EXPENSES     (133,904,414)    (65,298,650)    (37,754,012)  (236,957,076)    64,719,587      15,839,671                 -   (156,397,818)
  Mandatory Transfers In                6,321       3,997,100                    -       4,003,421                   -                     -                 -       4,003,421
  Mandatory Transfers Out         (2,105,794)      (1,281,334)         (616,293)      (4,003,421)                   -                     -                 -      (4,003,421)
  Non Mandatory Transfers In        39,423,343     24,346,980                    -     63,770,323                   -                     -                 -     63,770,323
  Non Mandatory Transfers Out       (41,331,577)    (22,145,717)         (293,029)    (63,770,323)                   -                     -                 -    (63,770,323)
  TRANSFERS         (4,007,707)       4,917,029         (909,322)                  (0)                   -                     -                 -                   (0)
  State appropriations, Operating        49,669,588         159,915                    -     49,829,503                   -                     -                 -     49,829,503
  Gift Income          2,533,931       3,198,877                    -       5,732,807                   -                     -                 -       5,732,807
  Investment Income (loss)            461,929         188,416                    -          650,345                   -                     -                 -          650,345
  Interest Expense             (12,887)        (834,593)                    -         (847,480)                   -                     -                 -         (847,480)
  Capital Appropriations                       -     13,374,007                    -     13,374,007                   -                     -                 -     13,374,007
  Capital Grants and Gifts              30,000       3,327,566            48,276       3,405,842                   -                     -                 -       3,405,842
  Loss on Disposal of Capital Assets                       -                    -     64,074,088     64,074,088   (64,719,587)                     -                 -         (645,499)
  NON-OPERATING REVENUES (EXPENSES)        52,682,561     19,414,187     64,122,364   136,219,112   (64,719,587)                     -                 -     71,499,525
Net increase (decrease) in Net Assets          2,301,815    (14,476,736)     25,459,029     13,284,108                   -                     -                 -     13,284,108
Net Assets, Beginning of Year          7,056,868     42,347,972    141,584,118   190,988,958                   -                     -                 -    190,988,958
Net Assets, End of Year  $      9,358,683  $ 27,871,236  $167,043,147  $204,273,065  $               -  $                 -  $             -  $204,273,065