Unrestricted Funds' Income Statement by Function - Current Year 07
 
  Designated Fund Auxiliary Fund Retirement & Insurance Fund Current Unrestricted Unrestricted Plant Total Unrestricted Funds   Prior Year Totals Variance
  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                   -            42,368           166,425      (124,057) -75%
  State/Local Grants and Contracts                    -                        -                    -                 -                    -                   -                     -                      -                  - 0%
  Nongovernmental Grants and Contract                    -               30,000                    -                 -            30,000                   -            30,000                      -         30,000 0%
  Indirect Cost Recoveries       8,973,234                        -                    -                 -       8,973,234                   -        8,973,234         6,071,621    2,901,613 48%
  Educational Activities         410,427           2,525,587       1,067,645                 -       4,003,659            5,231        4,008,890         4,121,097      (112,207) -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                   -        9,366,328         9,560,568      (194,240) -2%
  OPERATING REVENUES     74,867,093           2,800,569     27,059,209                 -    104,726,871            5,231    104,732,102       94,858,010    9,874,092 10%
  Instruction    (45,890,709)          (2,574,797)                    -                 -    (48,465,506)                   -     (48,465,506)      (46,703,338)   (1,762,168) 4%
  Research    (10,222,614)          (6,071,244)                    -                 -    (16,293,858)                   -     (16,293,858)      (13,492,500)   (2,801,358) 21%
  Public Service        (542,504)             (879,302)                    -                 -      (1,421,806)                   -       (1,421,806)        (1,322,189)        (99,617) 8%
  Academic Support    (11,613,474)             (159,052)                    -                 -    (11,772,526)                   -     (11,772,526)      (11,014,814)      (757,712) 7%
  Student Services      (5,485,306)             (931,240)                    -                 -      (6,416,546)                   -       (6,416,546)        (6,534,862)       118,316 -2%
  Institutional Support    (13,445,435)          (2,783,371)                    -   (3,264,253)    (19,493,059)     (1,546,513)     (21,039,572)      (17,303,529)   (3,736,043) 22%
  Operation & Maintenance of Plant    (10,839,533)                (1,273)                    -      (161,579)    (11,002,385)     (1,809,773)     (12,812,158)      (11,815,725)      (996,433) 8%
  Student Financial Support    (13,453,651)                        -                    -                 -    (13,453,651)                   -     (13,453,651)      (11,644,848)   (1,808,803) 16%
  Auxiliary Activities                    -                   (500)    (23,359,523)                 -    (23,360,023)         (87,609)     (23,447,632)      (23,088,277)      (359,355) 2%
  OPERATING EXPENSES  (111,493,226)        (13,400,779)    (23,359,523)   (3,425,832)   (151,679,360)     (3,443,895)   (155,123,255)    (142,920,082)  (12,203,173) 9%
  Mandatory Transfers In                    -                        -                    -                 -                    -          59,890            59,890             59,502             388 1%
  Mandatory Transfers Out      (1,014,909)             (175,360)      (2,527,525)        (31,300)      (3,749,094)                   -       (3,749,094)        (2,779,232)      (969,862) 35%
  Non Mandatory Transfers In       6,559,921         11,740,743     10,856,274    3,734,473     32,891,411      2,475,935      35,367,346       36,609,646   (1,242,300) -3%
  Non Mandatory Transfers Out    (17,071,823)          (4,971,703)    (14,538,196)   (1,422,486)    (38,004,208)         (73,415)     (38,077,623)      (38,129,282)         51,659 0%
  TRANSFERS    (11,526,811)           6,593,680      (6,209,447)    2,280,687      (8,861,891)      2,462,410       (6,399,481)        (4,239,366)   (2,160,115) 51%
  State appropriations, Operating     48,131,899                        -                    -                 -     48,131,899                   -      48,131,899       48,243,884      (111,985) 0%
  Gift Income         295,178           4,999,598          521,623                 -       5,816,399        103,975        5,920,374         3,735,520    2,184,854 58%
  Investment Income (loss)                    -                        -          748,658    1,411,696       2,160,354       (423,957)        1,736,397           856,437       879,960 103%
  Interest Expense                    -                        -                    -                 -                    -                   -                     -                 (198)             198 -100%
  Capital grants and gifts                    -                        -                    -                 -                    -          60,654            60,654           110,958        (50,304) -45%
  NON-OPERATING REVENUES (EXPENSES)     48,427,077           4,999,598       1,270,281    1,411,696     56,108,652       (259,328)      55,849,324       52,946,601    2,902,723 5%
Net increase (decrease) in Net Assets         274,133              993,068      (1,239,480)       266,551          294,272     (1,235,582)          (941,310)           645,163   (1,586,473) -246%
Net Assets, Beginning of Year      (9,418,710)         11,711,149       9,361,936    1,100,429     12,754,804     (3,823,895)        8,930,909         8,285,286       645,623 8%
Net Assets, End of Year  $  (9,144,577)  $     12,704,217  $   8,122,456  $1,366,980  $  13,049,076  $ (5,059,477)  $    7,989,599    $   8,930,449  $  (940,850) -11%