Combining Balance Sheet - Restricted Prior Year 05

Amount (Dr - Cr)

Expendable Restricted

Student Loan

Unexpended Plant

Debt Service

Investment in Plant

Restricted Total

Assets

Cash and cash equivalents

$ (155,530)

$ 850,747

$ (2,504,007)

$ 18,143,097

$ 465

$ 16,334,772

Accounts Receivable, net

4,374,831

1,253,179

5,628,010

Inventories

Deposits

Prepaid Expenses

Total Current Assets

4,219,301

850,747

(1,250,828)

18,143,097

465

21,962,782

Student Loans Receivable, net

12,618,276

Investments

Capital assets, net of depreciation

218,847,998

Total Non-Current Assets

12,618,276

218,847,998

231,466,274

Total Assets

4,219,301

13,469,023

(1,250,828)

18,143,097

218,848,463

253,429,056

Liabilities

Current Portion of L/T Liabilities

(2,935)

(640,235)

(643,170)

Accounts Payable

(387,097)

(2,856,049)

(412,619)

(1,530,614)

(5,186,379)

Other accrued liabilities

Deferred revenue

(1,977,201)

Total Current Liabilities

(2,364,298)

(2,935)

(2,856,049)

(412,619)

(2,170,849)

(7,806,750)

Accrued Health & Liability Claims

Notes and Bonds Payable

(49,147,649)

Capital Lease Obligations

(486,819)

Funds Held for Others

Total Non-Current Liabilities

(49,634,468)

Total Liabilities

(2,364,298)

(2,935)

(2,856,049)

(412,619)

(51,805,317)

(57,441,218)

Net (increase) decrease in Net Assets

(470,429)

(259,337)

(5,546,593)

20,853,330

(25,459,031)

(10,882,060)

Net (Assets) Deficit, July 1

(1,384,575)

(13,206,751)

9,653,470

(38,583,808)

(141,584,118)

(185,105,782)

Prior Period Adjustments

Total Net Assets

$(1,855,004)

$ (13,466,088)

$ 4,106,877

$ (17,730,478)

$ (167,043,149)

$ (195,987,842)