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Combining Balance Sheet - Restricted Prior Year 07 |
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|
Amount (Dr - Cr) |
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| |
|
Expendable Restricted |
Student Loan |
Unexpended Plant |
Debt Service |
Investment in Plant |
Restricted Total |
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| |
|
|
| |
Assets |
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|
|
| |
Cash and cash equivalents |
$
(423,745) |
$
118,481 |
$
(1,240,000) |
$
10,398,770 |
$ 465 |
$
8,853,971 |
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| |
|
Accounts Receivable, net |
7,400,182 |
- |
2,441,443 |
- |
- |
9,841,625 |
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| |
|
Inventories |
- |
- |
- |
- |
- |
- |
|
| |
|
Deposits |
- |
- |
- |
- |
- |
- |
|
| |
|
Prepaid Expenses |
- |
- |
- |
- |
- |
- |
|
| |
|
Total Current Assets |
6,976,437 |
118,481 |
1,201,443 |
10,398,770 |
465 |
18,695,596 |
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| |
|
Student Loans Receivable, net |
- |
13,504,270 |
- |
- |
- |
13,504,270 |
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| |
|
Investments |
- |
- |
- |
- |
- |
- |
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| |
|
Capital assets, net of depreciation |
- |
- |
- |
- |
224,062,347 |
224,062,347 |
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| |
|
Other assets |
- |
- |
- |
- |
978,544 |
978,544 |
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| |
|
Total Non-Current Assets |
- |
13,504,270 |
- |
- |
225,040,891 |
238,545,161 |
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| |
|
Total Assets |
6,976,437 |
13,622,751 |
1,201,443 |
10,398,770 |
225,041,356 |
257,240,757 |
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| |
Liabilities |
- |
- |
- |
- |
- |
- |
|
| |
Current Portion of L/T Liabilities |
- |
- |
- |
- |
(1,030,000) |
(1,030,000) |
|
| |
|
Accounts Payable |
(645,667) |
(3,167) |
(610,432) |
(441,500) |
- |
(1,700,766) |
|
| |
|
Other accrued liabilities |
- |
- |
- |
- |
- |
- |
|
| |
|
Deferred revenue |
(3,300,000) |
- |
- |
- |
- |
(3,300,000) |
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| |
|
Total Current Liabilities |
(3,945,667) |
(3,167) |
(610,432) |
(441,500) |
(1,030,000) |
(6,030,766) |
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| |
|
Accrued Health & Liability Claims |
- |
- |
- |
- |
- |
- |
|
| |
|
Notes and Bonds Payable |
- |
- |
- |
- |
(50,101,794) |
(50,101,794) |
|
| |
|
Capital Lease Obligations |
- |
- |
- |
- |
- |
- |
|
| |
|
Funds Held for Others |
- |
- |
- |
- |
- |
- |
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| |
|
Total Non-Current Liabilities |
- |
- |
- |
- |
(50,101,794) |
(50,101,794) |
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Total Liabilities |
(3,945,667) |
(3,167) |
(610,432) |
(441,500) |
(51,131,794) |
(56,132,560) |
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|
- |
- |
- |
- |
- |
- |
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|
Net (increase) decrease in Net Assets |
(1,228,825) |
(106,180) |
(4,418,267) |
617,109 |
(3,567,152) |
(8,703,315) |
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|
Net (Assets) Deficit, July 1 |
(1,801,945) |
(13,513,404) |
3,879,364 |
(10,574,379) |
(170,342,409) |
(192,352,773) |
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|
Prior Period Adjustments |
- |
- |
- |
- |
- |
- |
|
| |
|
Total Net Assets |
$(3,030,770) |
$ (13,619,584) |
$
(538,903) |
$
(9,957,270) |
$ (173,909,561) |
$ (201,056,088) |
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