Unrestricted Funds' Income Statement by Object - Current Year 07
 
    General Fund Designated Fund Auxiliary Fund Retirement & Insurance Fund Current Unrestricted Unrestricted Plant Total Unrestricted Funds   Prior Year Totals Variance
    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 Contracts                    -               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%
  Salaries & Wages - Non-Faculty    (23,300,209)          (3,256,313)      (6,713,748)     (1,110,583)          (34,380,853)                    (124)    (34,380,977)      (30,869,006)     (3,511,971) 11%
  Salaries & Wages - Faculty    (27,264,441)             (489,754)         (120,773)        (182,218)          (28,057,186)                          -    (28,057,186)      (27,312,874)        (744,312) 3%
  Salaries & Wages - Graduate Students      (2,925,311)             (442,889)         (178,224)           (2,208)            (3,548,632)                          -      (3,548,632)        (3,230,448)        (318,184) 10%
  Salaries & Wages - Undergrad Students      (1,156,287)             (426,636)      (1,347,670)                   -            (2,930,593)                          -      (2,930,593)        (2,660,170)        (270,423) 10%
  Fringe Benefits    (21,545,828)          (1,387,107)      (2,687,530)     (1,787,158)          (27,407,623)                      (51)    (27,407,674)      (25,854,544)     (1,553,130) 6%
  Supplies and Services    (15,478,190)          (6,989,841)      (8,434,570)        (343,666)          (31,246,267)           (3,443,721)    (34,689,988)      (31,257,108)     (3,432,880) 11%
  Scholarships and Fellowships    (15,169,843)             (288,889)         (154,441)                   -          (15,613,173)                          -    (15,613,173)      (13,761,025)     (1,852,148) 13%
  Utilities      (4,653,119)             (119,349)      (3,722,567)                   -            (8,495,035)                          -      (8,495,035)        (7,974,845)        (520,190) 7%
  OPERATING EXPENSES  (111,493,228)        (13,400,778)    (23,359,523)     (3,425,833)         (151,679,362)           (3,443,896)  (155,123,258)    (142,920,020)   (12,203,238) 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         274,131              993,069      (1,239,480)         266,550                294,270           (1,235,583)         (941,313)           645,225     (1,586,538) -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  $  (9,144,579)  $     12,704,218  $   8,122,456  $  1,366,979  $        13,049,074  $        (5,059,478)  $   7,989,596    $   8,930,511  $    (940,915) -11%