Combining Balance Sheet - Restricted Prior Year 06

Amount (Dr - Cr)

Expendable Restricted

Student Loan

Unexpended Plant

Debt Service

Investment in Plant

Restricted Total

Assets

Cash and cash equivalents

$ (504,284)

$ 761,386

$ (3,600,698)

$ 11,010,272

$ 465

$ 7,667,141

Accounts Receivable, net

5,255,057

998,721

6,253,778

Inventories

Deposits

Prepaid Expenses

Total Current Assets

4,750,773

761,386

(2,601,977)

11,010,272

465

13,920,919

Student Loans Receivable, net

12,754,950

Investments

Capital assets, net of depreciation

221,537,171

Total Non-Current Assets

12,754,950

221,537,171

234,292,121

Total Assets

4,750,773

13,516,336

(2,601,977)

11,010,272

221,537,636

248,213,040

Liabilities

Current Portion of L/T Liabilities

(1,240,290)

Accounts Payable

(503,829)

(2,932)

(1,225,283)

(435,893)

(1,677,271)

(3,845,208)

Other accrued liabilities

Deferred revenue

(2,445,000)

Total Current Liabilities

(2,948,829)

(2,932)

(1,225,283)

(435,893)

(2,917,561)

(7,530,498)

Accrued Health & Liability Claims

Notes and Bonds Payable

(48,158,795)

Capital Lease Obligations

(118,871)

Funds Held for Others

Total Non-Current Liabilities

(48,277,666)

Total Liabilities

(2,948,829)

(2,932)

(1,225,283)

(435,893)

(51,195,227)

(55,808,164)

Net (increase) decrease in Net Assets

53,061

(47,316)

(279,617)

7,156,099

(3,299,263)

3,582,964

Net (Assets) Deficit, July 1

(1,855,003)

(13,466,088)

4,106,877

(17,730,478)

(167,043,147)

(195,987,839)

Prior Period Adjustments

Total Net Assets

$(1,801,942)

$ (13,513,404)

$ 3,827,260

$ (10,574,379)

$ (170,342,410)

$ (192,404,875)