Combining Income Statement by Object - Prior Year 06
 
    Adjustments & Eliminations  
    Unrestricted Funds Restricted Funds Investment in Plant Combined Total Capital Tuition  
  Expenses Allowance Other Total
  Student Tuition and Fees  $  59,690,374  $                     -  $                 -  $  59,690,374  $              -  $(15,974,060)  $              -  $  43,716,314
  Federal Grants and Contracts          166,425          19,056,346                     -     19,222,771                  -                   -                  -      19,222,771
  State/Local Grants and Contracts                     -            2,675,488                     -       2,675,488                  -                   -                  -        2,675,488
  Nongovernmental Grants and Contracts                     -            9,448,435                     -       9,448,435                  -                   -                  -        9,448,435
  Indirect Cost Recoveries       6,071,621           (6,071,621)                     -                    -                  -                   -                  -                     -
  Educational Activities       4,121,097              261,520                     -       4,382,617                  -                   -        (84,947)        4,297,670
  Student Resident Fees      15,247,925                         -                     -     15,247,925                  -        (153,182)        599,709      15,694,452
  Sales and Services of Dept Activities       9,560,568              159,011                     -       9,719,579                  -                   -       (514,762)        9,204,817
  OPERATING REVENUES      94,858,010          25,529,179                     -    120,387,189                  -   (16,127,242)                  -    104,259,947
  Salaries & Wages - Non-Faculty     (30,869,006)           (4,874,982)                     -    (35,743,988)                  -                   -                  -     (35,743,988)
  Salaries & Wages - Faculty     (27,312,874)           (3,402,246)                     -    (30,715,120)                  -                   -                  -     (30,715,120)
  Salaries & Wages - Graduate Students      (3,230,448)           (3,325,715)                     -      (6,556,163)                  -                   -                  -       (6,556,163)
  Salaries & Wages - Undergrad Students      (2,660,170)           (1,029,241)                     -      (3,689,411)                  -                   -                  -       (3,689,411)
  Fringe Benefits     (25,854,544)           (2,642,167)                     -    (28,496,711)                  -                   -                  -     (28,496,711)
  Supplies and Services     (31,257,108)         (19,601,737)          466,103    (50,392,742)   13,932,803                   -                  -     (36,459,939)
  Scholarships and Fellowships     (13,761,025)           (7,029,770)                     -    (20,790,795)                  -    16,127,242                  -       (4,663,553)
  Utilities      (7,974,845)               (26,462)                     -      (8,001,307)                  -                   -                  -       (8,001,307)
  Depreciation                     -                         -     (11,040,263)    (11,040,263)                  -                   -                  -     (11,040,263)
  OPERATING EXPENSES   (142,920,020)         (41,932,320)     (10,574,160)   (195,426,500)   13,932,803    16,127,242                  -   (165,366,455)
  Mandatory Transfers In            59,502            3,998,227                     -       4,057,729                  -                   -                  -        4,057,729
  Mandatory Transfers Out      (2,779,232)           (1,278,496)                     -      (4,057,728)                  -                   -                  -       (4,057,728)
  Non Mandatory Transfers In      36,609,646          10,283,203                     -     46,892,849                  -                   -                  -      46,892,849
  Non Mandatory Transfers Out     (38,129,282)           (8,763,569)                     -    (46,892,851)                  -                   -                  -     (46,892,851)
  TRANSFERS      (4,239,366)            4,239,365                     -                   (1)                  -                   -                  -                   (1)
  State appropriations, Operating      48,243,884              159,915                     -     48,403,799                  -                   -                  -      48,403,799
  Gift Income       3,735,520            3,228,188                     -       6,963,708                  -                   -                  -        6,963,708
  Investment Income (loss)          856,437              598,239            33,854       1,488,530                  -                   -                  -        1,488,530
  Interest Expense               (198)           (2,024,794)                     -      (2,024,992)                  -                   -                  -       (2,024,992)
  Capital Appropriations                     -            2,541,284          255,170       2,796,454                  -                   -                  -        2,796,454
  Capital Grants and Gifts          110,958              778,717                     -          889,675                  -                   -                  -          889,675
  Loss on Disposal of Capital Assets                     -                         -      13,584,399     13,584,399  (13,932,803)                   -                  -         (348,404)
  NON-OPERATING REVENUES (EXPENSES)      52,946,601            5,281,549      13,873,423     72,101,573  (13,932,803)                   -                  -      58,168,770
Net increase (decrease) in Net Assets          645,225           (6,882,227)       3,299,263      (2,937,739)                  -                   -                  -       (2,937,739)
Net Assets, Beginning of Year       8,285,286          28,944,692    167,043,147    204,273,125                  -                   -                  -    204,273,125
Net Assets, End of Year  $    8,930,511  $      22,062,465  $170,342,410  $201,335,386  $              -  $                -  $              -  $201,335,386