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| Combining Balance
Sheet - Restricted Current Year 08 |
| |
| |
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 |
196375+19335 |
$
9,709,685 |
$ - |
$
9,238,900 |
$
8,853,971 |
$
384,929 |
4% |
| |
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 |
- |
9,709,685 |
- |
16,500,877 |
18,695,596 |
(2,194,719) |
-12% |
| |
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 |
- |
9,709,685 |
223,227,096 |
253,022,321 |
257,240,757 |
(4,218,436) |
-2% |
| Liabilities |
- |
- |
- |
- |
- |
- |
- |
- |
0% |
| |
Current Portion of L/T Liabilities |
- |
- |
- |
- |
(1,248,836) |
(1,248,836) |
(1,030,000) |
(218,836) |
21% |
| |
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) |
(1,368,374) |
(6,245,500) |
(6,030,766) |
(214,734) |
4% |
| |
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) |
(51,024,072) |
(55,901,198) |
(56,132,560) |
231,362 |
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% |
| |
|
|
|
|
|
|
|
|
|
|
|