| |
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| Combining Balance
Sheet - Restricted Current Year 06 |
| |
| |
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 |
$
(504,284) |
$
761,386 |
$
(3,600,698) |
$
11,010,272 |
$ 465 |
$
7,667,141 |
$
16,334,772 |
$
(8,667,631) |
-53% |
| |
Accounts Receivable, net |
5,255,057 |
- |
998,721 |
- |
- |
6,253,778 |
5,628,010 |
625,768 |
11% |
| |
Inventories |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Deposits |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Prepaid Expenses |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Total Current Assets |
4,750,773 |
761,386 |
(2,601,977) |
11,010,272 |
465 |
13,920,919 |
21,962,782 |
(8,041,863) |
-37% |
| |
Student Loans Receivable, net |
- |
12,754,950 |
- |
- |
- |
12,754,950 |
12,618,276 |
136,674 |
1% |
| |
Investments |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Capital assets, net of depreciation |
- |
- |
- |
- |
221,537,171 |
221,537,171 |
218,847,998 |
2,689,173 |
1% |
| |
Total Non-Current Assets |
- |
12,754,950 |
- |
- |
221,537,171 |
234,292,121 |
231,466,274 |
2,825,847 |
1% |
| |
Total Assets |
4,750,773 |
13,516,336 |
(2,601,977) |
11,010,272 |
221,537,636 |
248,213,040 |
253,429,056 |
(5,216,016) |
-2% |
| Liabilities |
|
|
|
| |
Current Portion of L/T Liabilities |
- |
- |
- |
- |
(1,240,290) |
(1,240,290) |
(643,170) |
(597,120) |
93% |
| |
Accounts Payable |
(503,829) |
(2,932) |
(1,225,283) |
(435,893) |
(1,677,271) |
(3,845,208) |
(5,186,379) |
1,341,171 |
-26% |
| |
Other accrued liabilities |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Deferred revenue |
(2,445,000) |
- |
- |
- |
- |
(2,445,000) |
(1,977,201) |
(467,799) |
24% |
| |
Total Current Liabilities |
(2,948,829) |
(2,932) |
(1,225,283) |
(435,893) |
(2,917,561) |
(7,530,498) |
(7,806,750) |
276,252 |
-4% |
| |
Accrued Health & Liability Claims |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Notes and Bonds Payable |
- |
- |
- |
- |
(48,158,795) |
(48,158,795) |
(49,147,649) |
988,854 |
-2% |
| |
Capital Lease Obligations |
- |
- |
- |
- |
(118,871) |
(118,871) |
(486,819) |
367,948 |
-76% |
| |
Funds Held for Others |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Total Non-Current Liabilities |
- |
- |
- |
- |
(48,277,666) |
(48,277,666) |
(49,634,468) |
1,356,802 |
-3% |
| |
Total Liabilities |
(2,948,829) |
(2,932) |
(1,225,283) |
(435,893) |
(51,195,227) |
(55,808,164) |
(57,441,218) |
1,633,054 |
-3% |
| |
|
|
|
|
|
| |
Net (increase) decrease in Net Assets |
53,061 |
(47,316) |
(279,617) |
7,156,099 |
10,285,137 |
17,167,364 |
(10,882,060) |
28,049,424 |
-258% |
| |
Net (Assets) Deficit, July 1 |
(1,855,003) |
(13,466,088) |
4,106,877 |
(17,730,478) |
(167,043,147) |
(195,987,839) |
(185,105,782) |
(10,882,057) |
6% |
| |
Prior Period Adjustments |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Total Net Assets |
$
(1,801,942) |
$ (13,513,404) |
$
3,827,260 |
$
(10,574,379) |
$ (156,758,010) |
$ (178,820,475) |
$(195,987,842) |
$
17,167,367 |
-9% |
| |
|
|
|
|
|
|
|
|
|
|
|