Current Funds Income Statement by Function - Current Year 07
 
  Designated Fund Auxiliary Fund Retirement & Insurance Fund Current Unrestricted Expendable Restricted Fund Total Current Funds   Prior Year Totals Change
    General Fund   Amount Percent
  Student Tuition and Fees  $ 65,441,243  $       76,492  $ 1,270,702  $              -  $ 66,788,437  $               -  $ 66,788,437    $   59,690,374  $    7,098,063 12%
  Federal Grants and Contracts           42,368                   -                  -                 -           42,368   26,074,396     26,116,764        19,327,373        6,789,391 35%
  State/Local Grants and Contracts                    -                   -                  -                 -                    -     3,805,813      3,805,813          2,675,488        1,130,325 42%
  Nongovernmental Grants and Contract                    -           30,000                  -                 -           30,000   12,478,760     12,508,760          9,448,435        3,060,325 32%
  Indirect Cost Recoveries       8,973,234                   -                  -                 -      8,973,234    (8,973,234)                    -                       -                     - 0%
  Educational Activities          410,427      2,525,587     1,067,645                 -      4,003,659        189,126      4,192,785          4,337,833         (145,048) -3%
  Student Resident Fees                    -                   -   15,522,845                 -     15,522,845                  -     15,522,845        15,247,925          274,920 2%
  Sales and Services of Dept Activities               (179)         168,490     9,198,017                 -      9,366,328          15,984      9,382,312          9,719,579         (337,267) -3%
  OPERATING REVENUES     74,867,093      2,800,569   27,059,209                 -   104,726,871   33,590,845   138,317,716       120,447,007      17,870,709 15%
  Instruction    (45,890,709)     (2,574,797)                  -                 -    (48,465,506)       (368,867)    (48,834,373)       (47,371,378)       (1,462,995) 3%
  Research    (10,222,614)     (6,071,244)                  -                 -    (16,293,858)  (28,130,796)    (44,424,654)       (34,855,561)       (9,569,093) 27%
  Public Service         (542,504)        (879,302)                  -                 -     (1,421,806)    (3,485,709)     (4,907,515)         (4,849,284)           (58,231) 1%
  Academic Support    (11,613,474)        (159,052)                  -                 -    (11,772,526)         (32,953)    (11,805,479)       (11,054,761)         (750,718) 7%
  Student Services      (5,485,306)        (931,240)                  -                 -     (6,416,546)       (394,294)     (6,810,840)         (6,974,565)          163,725 -2%
  Institutional Support    (13,445,435)     (2,783,371)                  -   (3,264,253)    (19,493,059)         (30,293)    (19,523,352)       (16,791,768)       (2,731,584) 16%
  Operation & Maintenance of Plant    (10,839,533)           (1,273)                  -      (161,579)    (11,002,385)                  -    (11,002,385)       (10,344,413)         (657,972) 6%
  Student Financial Support    (13,453,651)                   -                  -                 -    (13,453,651)    (7,064,763)    (20,518,414)       (17,159,389)       (3,359,025) 20%
  Auxiliary Activities                    -              (500)  (23,359,523)                 -    (23,360,023)                  -    (23,360,023)       (22,992,457)         (367,566) 2%
  OPERATING EXPENSES  (111,493,226)   (13,400,779)  (23,359,523)   (3,425,832)  (151,679,360)  (39,507,675)  (191,187,035)      (172,393,576)     (18,793,459) 11%
  Mandatory Transfers In                    -                   -                  -                 -                    -     2,250,279      2,250,279          2,595,355         (345,076) -13%
  Mandatory Transfers Out      (1,014,909)        (175,360)    (2,527,525)        (31,300)     (3,749,094)    (1,059,928)     (4,809,022)         (4,056,749)         (752,273) 19%
  Non Mandatory Transfers In       6,559,921    11,740,743   10,856,274    3,734,473     32,891,411     4,521,337     37,412,748        37,752,485         (339,737) -1%
  Non Mandatory Transfers Out    (17,071,823)     (4,971,703)  (14,538,196)   (1,422,486)    (38,004,208)    (2,046,669)    (40,050,877)       (39,645,201)         (405,676) 1%
  TRANSFERS    (11,526,811)      6,593,680    (6,209,447)    2,280,687     (8,861,891)     3,665,019     (5,196,872)         (3,354,110)       (1,842,762) 55%
  State appropriations, Operating     48,131,899                   -                  -                 -     48,131,899                  -     48,131,899        48,403,799         (271,900) -1%
  Gift Income          295,178      4,999,598        521,623                 -      5,816,399     3,518,534      9,334,933          6,961,826        2,373,107 34%
  Investment Income (loss)                    -                   -        748,658    1,411,696      2,160,354         (37,898)      2,122,456          1,094,637        1,027,819 94%
  Interest Expense                    -                   -                  -                 -                    -                  -                    -                  (198)                 198 0%
  NON-OPERATING REVENUES (EXPENSES)     48,427,077      4,999,598     1,270,281    1,411,696     56,108,652     3,480,636     59,589,288        56,460,064        3,129,224 6%
Net increase (decrease) in Net Assets          274,133         993,068    (1,239,480)       266,551         294,272     1,228,825      1,523,097          1,159,385          363,712 31%
Net Assets, Beginning of Year      (9,418,710)    11,711,149     9,361,936    1,100,429     12,754,804     1,801,945     14,556,749        13,396,902        1,159,847 9%
Net Assets, End of Year  $  (9,144,577)  $ 12,704,217  $ 8,122,456  $1,366,980  $ 13,049,076  $ 3,030,770  $ 16,079,846    $   14,556,287  $    1,523,559 10%