Restricted Funds' Income Statement by Object - Current Year 07
 
    Expendable Restricted Fund Student Loan Fund Plant Fund Combined Total   Prior Year Change
  Unexpended Debt Service   Totals Amount %
  Student Tuition and Fees  $              -  $               -  $              -  $                -  $               -    $               -  $                - 0%
  Federal Grants and Contracts   26,074,396                   -                  -                    -    26,074,396     19,056,346       7,018,050 37%
  State/Local Grants and Contracts    3,805,813                   -                  -                    -      3,805,813       2,675,488       1,130,325 42%
  Nongovernmental Grants and Contracts   12,478,760                   -                  -                    -    12,478,760       9,448,435       3,030,325 32%
  Indirect Cost Recoveries   (8,973,234)                   -                  -                    -     (8,973,234)      (6,071,621)      (2,901,613) 48%
  Educational Activities       189,126               169                  -                    -         189,295          261,520          (72,225) -28%
  Student Resident Fees                  -                   -                  -                    -                   -                    -                    - 0%
  Sales and Services of Dept Activities         15,984                   -                  -                    -          15,984          159,011        (143,027) -90%
    OPERATING REVENUES   33,590,845               169                  -                    -    33,591,014     25,529,179       8,061,835 32%
  Salaries & Wages - Non-Faculty   (6,351,264)                   -                  -                    -     (6,351,264)      (4,874,982)      (1,476,282) 30%
  Salaries & Wages - Faculty   (3,755,888)                   -                  -                    -     (3,755,888)      (3,402,246)        (353,642) 10%
  Salaries & Wages - Graduate Students   (3,398,029)                   -                  -                    -     (3,398,029)      (3,325,715)          (72,314) 2%
  Salaries & Wages - Undergrad Students   (1,124,867)                   -                  -                    -     (1,124,867)      (1,029,241)          (95,626) 9%
  Fringe Benefits   (3,469,569)                   -                  -                    -     (3,469,569)      (2,642,167)        (827,402) 31%
  Supplies and Services  (12,620,207)         (83,706)  (10,494,251)     (1,238,319)   (24,436,483)    (19,601,737)      (4,834,746) 25%
  Scholarships and Fellowships   (8,758,139)                   -                  -                    -     (8,758,139)      (7,029,770)      (1,728,369) 25%
  Utilities        (29,712)                   -                  -                    -         (29,712)           (26,462)            (3,250) 12%
  Depreciation                  -                   -                  -                    -                   -                    -                    - 0%
    OPERATING EXPENSES  (39,507,675)         (83,706)  (10,494,251)     (1,238,319)   (51,323,951)    (41,932,320)      (9,391,631) 22%
  Mandatory Transfers In    2,250,279                   -                  -      5,475,896      7,726,175       3,998,227       3,727,948 93%
  Mandatory Transfers Out   (1,059,928)                   -                  -                    -     (1,059,928)      (1,278,496)         218,568 -17%
  Non Mandatory Transfers In    4,521,337          35,952     3,255,477            (8,180)      7,804,586     10,283,203      (2,478,617) -24%
  Non Mandatory Transfers Out   (2,046,669)         (35,952)        (16,100)     (3,198,066)     (5,296,787)      (8,763,569)       3,466,782 -40%
    TRANSFERS    3,665,019                   -     3,239,377      2,269,650      9,174,046       4,239,365       4,934,681 116%
  State appropriations, Operating                  -                   -                  -                    -                   -          159,915        (159,915) -100%
  Gift Income    3,518,534                   -                  -                    -      3,518,534       3,228,188         290,346 9%
  Investment Income (loss)        (37,898)        189,717                  -         501,940         653,759          598,239           55,520 9%
  Interest Expense                  -                   -                  -     (2,150,380)     (2,150,380)      (2,024,794)        (125,586) 6%
  Capital Appropriations                  -                   -     8,120,233                    -      8,120,233       2,541,284       5,578,949 220%
  Capital Grants and Gifts                  -                   -     3,542,354                    -      3,542,354          778,717       2,763,637 355%
  Loss on Disposal of Capital Assets                  -                   -                  -                    -                   -                    -                    - 0%
    NON-OPERATING REVENUES (EXPENSES)    3,480,636        189,717   11,662,587     (1,648,440)    13,684,500       5,281,549       8,402,951 159%
  Net increase (decrease) in Net Assets    1,228,825        106,180     4,407,713        (617,109)      5,125,609      (6,882,227)     12,007,836 -174%
  Net Assets, Beginning of Year    1,801,945    13,513,404    (3,827,260)     10,574,379    22,062,468     28,944,692      (6,882,224) -24%
  Net Assets, End of Year  $ 3,030,770  $13,619,584  $    580,453  $   9,957,270  $27,188,077    $22,062,465  $   5,125,612 23%