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| Combined Income
Statement by Function |
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(Statement of Revenues, Expenses, and Changes in
Net Assets) |
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As of Date |
|
June |
June |
Variance |
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Current |
Prior |
Amount |
Percent |
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| |
|
Student Tuition and Fees |
$ 54,820,288 |
$ 48,799,993 |
$ 6,020,295 |
12% |
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| |
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Federal Grants and Contracts |
28,008,026 |
23,234,168 |
4,773,858 |
21% |
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| |
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State/Local Grants and Contracts |
3,206,824 |
3,805,813 |
(598,989) |
-16% |
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| |
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Nongovernmental Grants and Contract |
11,201,299 |
12,508,760 |
(1,307,461) |
-10% |
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| |
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Educational Activities |
4,626,842 |
4,105,652 |
521,190 |
13% |
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| |
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Student Resident Fees |
17,777,153 |
16,014,265 |
1,762,888 |
11% |
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| |
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Sales and Services of Dept Activities |
9,611,905 |
8,828,984 |
782,921 |
9% |
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OPERATING REVENUES |
129,252,337 |
117,297,635 |
11,954,702 |
10% |
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| |
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Instruction |
(51,963,598) |
(48,344,356) |
(3,619,242) |
7% |
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| |
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Research |
|
(44,955,463) |
(42,762,092) |
(2,193,371) |
5% |
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Public Service |
(5,905,845) |
(4,882,405) |
(1,023,440) |
21% |
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Academic Support |
(11,886,262) |
(11,547,401) |
(338,861) |
3% |
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Student Services |
(7,212,864) |
(6,799,821) |
(413,043) |
6% |
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Institutional Support |
(24,156,107) |
(20,849,210) |
(3,306,897) |
16% |
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Operation & Maintenance of Plant |
(12,185,319) |
(10,802,208) |
(1,383,111) |
13% |
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Student Financial Support |
(1,787,291) |
(2,594,013) |
806,722 |
-31% |
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Auxiliary Activities |
-
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-
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- |
0% |
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Sales and Services of Dept Activities |
(12,029,493) |
(11,216,023) |
(813,470) |
7% |
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Student Residents |
(11,881,898) |
(11,333,658) |
(548,240) |
5% |
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Depreciation |
(11,504,971) |
(11,179,758) |
(325,213) |
3% |
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OPERATING EXPENSES |
(195,469,110) |
(182,310,945) |
(13,158,164) |
7% |
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| |
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Operating loss |
(66,216,772) |
(65,013,310) |
(1,203,462) |
2% |
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Federal Grants |
3,229,124 |
2,882,596 |
346,528 |
12% |
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| |
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State appropriations, Operating |
49,028,200 |
48,131,899 |
896,301 |
2% |
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| |
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Gift Income |
9,874,251 |
9,438,908 |
435,343 |
5% |
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| |
|
Investment Income (loss) |
(20,330) |
2,390,156 |
(2,410,486) |
-101% |
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| |
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Interest Expense |
(2,095,550) |
(2,112,313) |
16,763 |
-1% |
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| |
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Loss on Disposal of Capital Assets |
(196,807) |
(319,126) |
122,319 |
-38% |
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| |
NET NONOPERATING REVENUES |
59,818,888 |
60,412,120 |
(593,232) |
-1% |
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| |
|
Income (loss) before other revenues |
(6,397,884) |
(4,601,190) |
(1,796,694) |
39% |
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| |
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|
Capital Appropriations |
-
|
8,120,233 |
(8,120,233) |
-100% |
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| |
|
Capital Grants and Gifts |
1,798,341 |
4,232,389 |
(2,434,048) |
-58% |
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|
OTHER REVENUES |
1,798,341 |
12,352,622 |
(10,554,281) |
-85% |
|
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| Net increase
(decrease) in Net Assets |
(4,599,543) |
7,751,432 |
(12,350,975) |
-159% |
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| Net Assets,
Beginning of Year |
209,087,237 |
201,335,786 |
7,751,451 |
4% |
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| Net Assets, End
of Period |
$204,487,694 |
$209,087,218 |
$ (4,599,524) |
-2% |
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