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Restricted CY |
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|
Amount (Dr - Cr) |
|
Expendable Restricted |
Student Loan |
Unexpended Plant |
Debt Service |
Investment in Plant |
Restricted Total |
Prior Year |
Change |
|
Restricted |
Amount |
Percent |
| Assets |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ (821,750) |
$ 350,965 |
$ 215,710 |
$ 9,709,685 |
$ - |
$ 9,454,610 |
$ 8,853,971 |
$ 600,639 |
7% |
|
Accounts Receivable, net |
7,261,977 |
- |
- |
|
|
7,261,977 |
9,841,625 |
(2,579,648) |
-26% |
|
Inventories |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Deposits |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Prepaid Expenses |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Total Current Assets |
6,440,227 |
350,965 |
215,710 |
9,709,685 |
- |
16,716,587 |
18,695,596 |
(1,979,009) |
-11% |
|
Student Loans Receivable, net |
- |
13,294,348 |
- |
- |
- |
13,294,348 |
13,504,270 |
(209,922) |
-2% |
|
Investments |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Capital assets, net of depreciation |
- |
- |
- |
- |
222,248,552 |
222,248,552 |
224,062,347 |
(1,813,795) |
-1% |
|
Other Assets |
- |
- |
- |
- |
978,544 |
978,544 |
- |
978,544 |
0% |
|
Total Non-Current Assets |
- |
13,294,348 |
- |
- |
223,227,096 |
236,521,444 |
237,566,617 |
(1,045,173) |
0% |
|
Total Assets |
6,440,227 |
13,645,313 |
215,710 |
9,709,685 |
223,227,096 |
253,238,031 |
257,240,757 |
(4,002,726) |
-2% |
| Liabilities |
|
|
|
|
|
|
|
|
0% |
|
Current Portion of L/T Liabilities |
- |
- |
- |
- |
(1,648,836) |
(1,648,836) |
(1,030,000) |
(618,836) |
60% |
|
Accounts Payable |
(1,157,114) |
- |
(1,032,012) |
(338,000) |
(119,538) |
(2,646,664) |
(1,700,766) |
(945,898) |
56% |
|
Other accrued liabilities |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Deferred revenue |
(2,350,000) |
- |
- |
- |
- |
(2,350,000) |
(3,300,000) |
950,000 |
-29% |
|
Total Current Liabilities |
(3,507,114) |
- |
(1,032,012) |
(338,000) |
(1,768,374) |
(6,645,500) |
(6,030,766) |
(614,734) |
10% |
|
Accrued Health & Liability Claims |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Notes and Bonds Payable |
- |
- |
- |
- |
(49,013,728) |
(49,013,728) |
(50,101,794) |
1,088,066 |
-2% |
|
Capital Lease Obligations |
- |
- |
- |
- |
(641,970) |
(641,970) |
- |
(641,970) |
0% |
|
Funds Held for Others |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Total Non-Current Liabilities |
- |
- |
- |
- |
(49,655,698) |
(49,655,698) |
(50,101,794) |
446,096 |
-1% |
|
Total Liabilities |
(3,507,114) |
- |
(1,032,012) |
(338,000) |
(51,424,072) |
(56,301,198) |
(56,132,560) |
(168,638) |
0% |
|
|
|
|
|
|
|
|
|
|
0% |
|
Net (increase) decrease in Net Assets |
97,657 |
(25,728) |
1,407,314 |
585,585 |
1,706,537 |
3,771,365 |
(8,703,315) |
12,474,680 |
-143% |
|
Net (Assets) Deficit, July 1 |
(3,030,770) |
(13,619,584) |
(591,011) |
(9,957,270) |
(173,909,562) |
(201,108,197) |
(192,352,773) |
(8,755,424) |
5% |
|
Prior Period Adjustments |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
|
Total Net Assets |
$(2,933,113) |
$ (13,645,312) |
$ 816,303 |
$ (9,371,685) |
$ (172,203,025) |
$ (197,336,832) |
$ (201,056,088) |
$
3,719,256 |
-2% |
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